Faraday Future, the Los Angeles based electric car company run by China’s Jia Yueting, who also founded LeEco, has filed a lawsuit against Evelozcity, a start-up founded by its former chief financial officer Stefan Krause, for allegedly stealing trade secrets. Faraday Future also accused Krause and former CTO Ulrich Kranz of luring away at least 20… Continue reading Faraday Future Claims Ex-CFO Stole Trade Secrets From Electric Car Company
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On-demand dog walking app Wag raises $300 million from SoftBank Vision Fund
The SoftBank Vision Fund has struck again. This time, it’s investing $300 million in on-demand walking and dog care startup Wag. Wag has also brought on Hilary Schneider, formerly of identity theft protection company LifeLock, to serve as the company’s new chief executive officer. Last year, Wag was reportedly in talks with a handful of investors,… Continue reading On-demand dog walking app Wag raises $300 million from SoftBank Vision Fund
BlaBlaCar develops its search engine
The long-distance carpooling platform has unveiled a new search engine whose algorithm tends to increase service points.
Daimler, Porsche and Bosch will be affected by walkouts in Germany
Daimler, Porsche or Bosch: employees of these German companies are preparing to disengage several times in the coming days in support of claims on wages and working time. 24-hour walkouts will follow each other from Tuesday evening until Friday, warned Tuesday, January 30 IG Metall. These walkouts were approved massively by […]Read the article
Volkswagen offers two-step wage increase in German pay talks
The German carmaker has proposed a 30-month wage contract for about 120,000 staff, with the two-step salary increase starting in May, it said in a written statement published after talks with the IG Metall labour union.
UK plans to let drivers report road accidents online
British road users may soon be able to report accidents online, under new plans drawn up by the Department for Transport. The consultation, opened today by Transport Minister Jesse Norman, will allow citizens to suggest new ways for drivers to share details of traffic incidents with police and save time in the process. Source: Gov.uk
Mazda says next-gen gasoline engine as clean as an EV, well-to-wheels
Mazda is already working on the successor to its efficient Skyactiv-X motors, and thinks it could make cars as clean as EVs, if you take into account CO2 from electricity production. The automaker believes it can increase the efficiency of the Skyactiv-3 to 56 percent, close to the maximum theoretical thermal efficiency of an “Otto”… Continue reading Mazda says next-gen gasoline engine as clean as an EV, well-to-wheels
Renault: the post-Ghosn puzzles
ANALYSIS. In fifteen days, the builder will name a number two operational. An exercise for the least acrobatic, because it will reconcile the wishes of the State shareholder and the staff of the group.
VW suspends media chief amid scandal over fume tests on monkeys
Move follows report carmaker used animals to demonstrate diesel emissions technology The carmaker Volkswagen has suspended its head of external relations and sustainability after admitting that he had known about experiments in which monkeys were locked in small chambers and exposed to diesel exhaust. Thomas Steg, a former government spokesman who worked for German chancellor… Continue reading VW suspends media chief amid scandal over fume tests on monkeys
Volkswagen suspends executive over monkey trials
VW has suspended its head of external relations and sustainability over experiments using monkeys