Category: News Site

Canada’s Magna forms JVs to make electric cars in China

(Reuters) – Canadian auto parts supplier Magna International Inc (MG.TO) said on Monday it would set up two joint ventures with Beijing Electric Vehicle Co to build electric cars in China. FILE PHOTO – Magna International Inc. CEO Donald Walker speaks to shareholders at the company’s annual general meeting in Toronto May 10, 2012. REUTERS/Fred… Continue reading Canada’s Magna forms JVs to make electric cars in China

Japan Backs Solid-State Battery Efforts With $90 Million In Funds

2 H BY MARK KANE Japan’s New Energy and Industrial Technology Development Organization (NEDO) is trying to leverage research on solid-state batteries for electric cars. The organization allocates 10 ¥10-billion ($90 million) for the research to be conducted by 23 automobile, battery, and material manufacturers as well as 15 universities / public research institutes. Participants… Continue reading Japan Backs Solid-State Battery Efforts With $90 Million In Funds

Brabham BT62: how this 700bhp track car will bring an iconic name back to racing

Twelve years. That’s how long it has taken David Brabham to reassert control over his famous family name and then formulate a solid strategy to re-establish it as a credible player in the automotive industry. Now, following last month’s launch of the new-look Brabham Automotive and its £1m-before-tax BT62 track car, he says he’s determined to put… Continue reading Brabham BT62: how this 700bhp track car will bring an iconic name back to racing

Reactions to Stadler arrest: “Trickery and cheating have been tolerated from the very top”

All articles and backgrounds 06/18/2018 Reactions to Stadler arrest “The story of the auto industry has collapsed” DPA In the diesel scandal of the Volkswagen Group, a senior manager in Germany has now been arrested for the first time Green Group Vice Oliver Krischer sees the provisional arrest of Audi CEO Rupert Stadler in the… Continue reading Reactions to Stadler arrest: “Trickery and cheating have been tolerated from the very top”

A rare look at what Tesla Autopilot can see and interpret

We previously reported about what Tesla’s Autopilot can see with its suite of 8 cameras around the car, but we rarely got into how the Autopilot understands and interprets what it is looking at through its computer vision system. That’s changing today after a few hackers were able to overlay Autopilot data on top of… Continue reading A rare look at what Tesla Autopilot can see and interpret

Dimming danger in the diesel scandal: Audi boss Stadler is in custody

All articles and backgrounds 06/18/2018 Dimming danger in the diesel scandal Audi boss Rupert Stadler arrested AP Rupert Stadler Only a few days ago investigators searched the private apartment of Audi CEO Rupert Stadler. The suspicion: fraud in connection with the diesel affair. On Monday morning, the manager was arrested now and is in custody,… Continue reading Dimming danger in the diesel scandal: Audi boss Stadler is in custody

Uber CEO says New York City should charge a fee on all ride-hailing trips to help out struggling taxi drivers

NEW YORK (AP) — The chief executive of Uber said New York City should impose a fee on app-hailed rides and taxis to help taxi medallion owners who are struggling with debt. CEO Dara Khosrowshahi told the New York Post on Monday that the city should put the surcharge into a fund to help taxi… Continue reading Uber CEO says New York City should charge a fee on all ride-hailing trips to help out struggling taxi drivers

“That’s a little number”

VW must pay because of the diesel affair a billion euros fine to Lower Saxony. But the country sits with two representatives in the supervisory board of the group. That would be strange, finds the economist Christian Strenger. Volkswagen logo on a VW Golf shines in front of the company’s headquarters Friday, 15.06.2018 19:01 clock… Continue reading “That’s a little number”