Category: Automotive

Tata Motors looks to sell stakes in two units as part of plan to turn debt-free

The divestment plans are critical for the parent of Jaguar Land Rover (JLR) Automotive Plc, which saw its net consolidated debt soar to ₹68,000 crore as of 31 July from ₹48,000 crore as of 31 March following extensive cash burn due to disruptions from the coronavirus outbreak. “Tata Motors has resumed talks with multiple stakeholders for potential equity stake… Continue reading Tata Motors looks to sell stakes in two units as part of plan to turn debt-free

Waymo’s head of lidar explains how the advanced laser tech went from science fiction to being a vital tool for self-driving cars (GOOGL)

Simon Verghese is head of lidar at Waymo, Alphabet’s self-driving vehicle startup. Verghese has a doctorate from Berkeley and a background in physics, and he was working at an MIT national lab when Waymo convinced him to return to the Bay Area after more than 20 years on the East coast. Verghese spends his time… Continue reading Waymo’s head of lidar explains how the advanced laser tech went from science fiction to being a vital tool for self-driving cars (GOOGL)

UK needs £16.7bn electric car charging investment to hit 2035 goals

An investment of £16.7bn will be required in public EV charging infrastructure if the UK is to be ready for the ban on sales of cars with an internal combustion engine in 2035, according to fresh analysis. The research, from the Society of Motor Manufacturers and Traders (SMMT), estimates that 1.7 million public chargers will… Continue reading UK needs £16.7bn electric car charging investment to hit 2035 goals

@FaradayFuture: The Art and Science of the Faraday Future Propulsion System

We can all play a part in saving the planet from adverse climate change. From small efforts like recycling, reusing and minimizing waste and energy usage to developing new technologies and products to make an even bigger impact on climate change. For the last 25 years, I’ve been lucky enough to do both — I’ve been able… Continue reading @FaradayFuture: The Art and Science of the Faraday Future Propulsion System

BORG WARNER INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of BorgWarner Inc. – BWA

NEW ORLEANS, Sept. 11, 2020 /PRNewswire/ — Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into BorgWarner Inc. (NYSE: BWA).   Kahn Swick & Foti, LLC (“KSF”) – – not all law firms are… Continue reading BORG WARNER INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of BorgWarner Inc. – BWA

@niche: Nikola Refutes Allegations000081

Published September 11, 2020 PHOENIX, AZ — September 11, 2020 — Nikola Corporation (NASDAQ: NKLA) issued the following statement in response to claims made about the Company by an activist short-seller: “Yesterday, an activist short-seller whose motivation is to manipulate the market and profit from a manufactured decline in our stock price published a so-called… Continue reading @niche: Nikola Refutes Allegations000081