Category: Automotive

German engineers break Tesla again: Model 3 hides an uncomfortable truth

All articles and backgrounds 05/31/2018 German engineers break Tesla again Model 3 hides an uncomfortable truth AFP Tesla Model 3, potential buyers German engineers have again a Model 3 from Tesla disassembled – and found in the interior uncomfortable findings for German manufacturers: the car is potentially a winning machine, as the “Wirtschaftswoche” citing the… Continue reading German engineers break Tesla again: Model 3 hides an uncomfortable truth

Bittrex Gets Bank Agreement to Help You Buy Bitcoin With Dollars

LISTEN TO ARTICLE SHARE THIS ARTICLE Bittrex Inc., a Seattle-based cryptocurrency exchange that lets users swap nearly 200 different digital coins, said it forged banking agreements that will allow some customers to trade in U.S. dollars. The closely held firm said the pact will let corporate clients in some states buy virtual tokens using dollars… Continue reading Bittrex Gets Bank Agreement to Help You Buy Bitcoin With Dollars

GM is surging after Japan’s SoftBank announced a $2.25 billion investment in its self-driving car unit (GM)

Cruise Shares of General Motors surged more than 10% in early trading Thursday after Japan’s SoftBank tech fund announced a $2.25 billion investment in the company’s self-driving car unit known as GM Cruise. The investment will come in two stages of $900 million immediately and another $1.35 billion once Cruise’s autonomous vehicles are ready for… Continue reading GM is surging after Japan’s SoftBank announced a $2.25 billion investment in its self-driving car unit (GM)

Voltaiq Raises $6.6 Million in Oversubscribed Series A Funding Round

BERKELEY, Calif. and BROOKLYN, N.Y., May 31, 2018 /PRNewswire/ — Voltaiq, the leader in Battery Intelligence™ software solutions, today announced that it has raised $6.6 million in a Series A funding round. The round was led by Anzu Partners and includes Bee Partners, SJF Ventures, and UL Ventures. The funding will enable Voltaiq to accelerate the roll… Continue reading Voltaiq Raises $6.6 Million in Oversubscribed Series A Funding Round

UGT affirms that the reduction of shifts in Renault Valladolid is “an ax of employment that worries”

Posted 05/31/2018 13: 38: 18CET VALLADOLID, May 31 (EUROPA PRESS) – The deputy secretary general of the General Union of Workers (UGT) in Castilla y León, Evelio Angulo, acknowledged on Thursday that the reduction of the third shift in the Renault factories of Valladolid and Palencia mean “an ax of employment that worries.” In statements… Continue reading UGT affirms that the reduction of shifts in Renault Valladolid is “an ax of employment that worries”

Britain’s engine production hits record-breaking pace as more than 1 million engines made in 2018 so far

31 May 2018 #SMMT News #UK Manufacturing UK engine manufacturing surpasses 1 million mark in April for first time on record. Highest April output on record sees production rise 17.3% in the month. Double-digit growth for exports, with overseas demand up 30.5% in April and 15.9% year to date. Mike Hawes, SMMT Chief Executive, said,… Continue reading Britain’s engine production hits record-breaking pace as more than 1 million engines made in 2018 so far