Tesla’s latest US price cuts bring the Model 3 below $40,000

/ The Model 3 may have been discounted to counter reductions to its tax credit allowance. Tesla will announce quarterly earnings later today. The entire Model Y range has also been discounted by $3,000.Illustration: Alex Castro / The Verge Tesla has cut the price of its Model 3 and Model Y vehicles in the US… Continue reading Tesla’s latest US price cuts bring the Model 3 below $40,000

Asia Digest: Israel-based ITC raises $5m; Japanese PE firm J-STAR backs MiraieChampel Capital, Mobilitech Capital, and Earth Venture Capital backed IT…

Israel-based intelligent traffic management startup ITC has raised $5 million in a Series A funding round, while Japanese mid-market private equity firm J-STAR has completed capital participation in Miraie Co., Ltd, an IT system development provider. Israel-based ITC raises $5m Series A Israel-based intelligent traffic management startup ITC has raised $5 million from Champel Capital, Mobilitech Capital, and… Continue reading Asia Digest: Israel-based ITC raises $5m; Japanese PE firm J-STAR backs MiraieChampel Capital, Mobilitech Capital, and Earth Venture Capital backed IT…

India: Safe Security raises $50m in Series B round led by Sorenson Capital

Safe Security, an AI-based cyber risk management SaaS platform, Tuesday announced that it has closed its Series B funding round at $50 million led by Sorenson Capital. The financing also saw the participation of Eight Roads, the venture capital arm of Fidelity Investments, Telstra Ventures, WTI, and all existing investors, the startup said in a… Continue reading India: Safe Security raises $50m in Series B round led by Sorenson Capital

Most people have no idea that there is a 3200-year-old ancient town near Sunny Beach, Bulgaria, Reports Georgi Spasov from Hebros News

The Ancient town Nessebar is in the UNESCO World Heritage Sites List and the entrance to the town is free of charge for everyone who is curious to visit. SOFIA, Bulgaria, April 19, 2023 /PRNewswire/ — This year, like many others, thousands of Еuropean tourists will choose Bulgaria for their summer vacation. The beaches of Sunny… Continue reading Most people have no idea that there is a 3200-year-old ancient town near Sunny Beach, Bulgaria, Reports Georgi Spasov from Hebros News

GWM Accelerates Electrification, with World Premiere of New Energy Vehicles at Auto Shanghai 2023

BAODING, China, April 18, 2023 /PRNewswire/ — On April 18, GWM unveiled its five major brands of HAVAL, TANK, ORA, POER, and WEY at the 20th Shanghai International Automobile Industry Exhibition (“Auto Shanghai 2023”), and released a full range of new energy models. GWM invited 300 medias and distributors from more than 60 countries and… Continue reading GWM Accelerates Electrification, with World Premiere of New Energy Vehicles at Auto Shanghai 2023

Hexagon halves quality inspection cycles and enables flexible manufacturing with the PRESTO robotic inspection cell

HANNOVER, Germany, April 18, 2023 /PRNewswire/ — Hexagon’s Manufacturing Intelligence division has launched its new automated robotic inspection cell PRESTO, enabling manufacturers to reduce quality inspection times, increase efficiency, and streamline workflows. PRESTO will enable customers, such as automotive OEMs, to cope with the dynamic demands of the market – such as the shift to… Continue reading Hexagon halves quality inspection cycles and enables flexible manufacturing with the PRESTO robotic inspection cell

The 2023 Boating Sanya & Sanya International Wine and Spirits Fair Concludes with Fruitful Results

SANYA, China, April 18, 2023 /PRNewswire/ — Held from April 13th to 17th, the 2023 Boating Sanya & Sanya International Wine and Spirits Fair has wrapped up with resounding success. The event spanned a total exhibition area of 125,600 square meters on water and land, showcasing nearly 600 renowned brands of yachts and boats, water… Continue reading The 2023 Boating Sanya & Sanya International Wine and Spirits Fair Concludes with Fruitful Results

GWM представляет автомобили на новых источниках энергии на автовыставке Auto Shanghai 2023

GWM ускоряет электрификацию благодаря мировой премьере автомобилей на новых источниках энергии на автомобильной выставке Auto Shanghai 2023 БАОДИН (Китай), 19 апреля 2023 г. /PRNewswire/ — 18 апреля на 20-й Шанхайской международной выставке автомобильной промышленности («Auto Shanghai 2023») GWM представила пять основных брендов: HAVAL, TANK, ORA, POER и WEY, работающих на новых энергетических моделях. GWM пригласила… Continue reading GWM представляет автомобили на новых источниках энергии на автовыставке Auto Shanghai 2023

KEENON Robotics, Official Sponsor of RC Show 2023, Exhibits Advanced Service Robots and Debuts New Arrivals

TORONTO, April 19, 2023 /PRNewswire/ — KEENON Robotics (“KEENON“), a leading global manufacturer of commercial service robots, exhibited its full lineup of products and solutions at RC Show 2023, the preeminent foodservice & hospitality expo of Canada. KEENON showcased robots designed for a number of scenarios, including restaurants, hotels, retails, and retirement homes, and debuted two… Continue reading KEENON Robotics, Official Sponsor of RC Show 2023, Exhibits Advanced Service Robots and Debuts New Arrivals

Nanoramic Laboratories and General Motors to Collaborate on Cost and Sustainability of Lithium-ion Batteries for Electric Vehicles

Nanoramic receives investment from GM Ventures to advance the development of low-cost, high-performance EV batteries BOSTON, April 19, 2023 /PRNewswire/ — Nanoramic Laboratories (“Nanoramic”) today announced that GM Ventures, the venture capital arm of General Motors Co. (NYSE: GM), has made a strategic investment in a leading energy storage and advanced materials company, Nanoramic. The… Continue reading Nanoramic Laboratories and General Motors to Collaborate on Cost and Sustainability of Lithium-ion Batteries for Electric Vehicles