American EV start-up Rivian has paused joint-venture negotiations with Mercedes-Benz Vans to prioritise its existing areas of business. The two companies signed a memorandum of understanding in September to establish a new company to manufacture three new electric vans in Europe. These would have been two new vehicles based on Mercedes-Benz Vans’ upcoming VAN.EA platform as… Continue reading Rivian halts van factory talks with Mercedes-Benz
Category: Automotive
What Car? Insight: Download the exclusive retail report now
Welcome to the latest issue of What Car? Insight – a monthly deep dive into the new car retail sector, with exclusive insight from industry leaders, advice from What Car?’s crack team of mystery shoppers and some of the most valuable consumer data available to the industry. Download it below to read an exclusive interview… Continue reading What Car? Insight: Download the exclusive retail report now
Is Now An Opportune Moment To Examine Eaton Corporation plc (NYSE:ETN)?
Let’s talk about the popular Eaton Corporation plc (NYSE:ETN). The company’s shares received a lot of attention from a substantial price increase on the NYSE over the last few months. With many analysts covering the large-cap stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price. However, what if… Continue reading Is Now An Opportune Moment To Examine Eaton Corporation plc (NYSE:ETN)?
Exclusive-Toyota to outline 3-year EV plan changes to suppliers -sources
By Norihiko Shirouzu (Reuters) – Toyota Motor Corp is expected to outline adjustments to its electric vehicle (EV) strategy to key suppliers early next year, as it races to narrow the gap on price and performance with industry leaders Tesla and BYD, two people with knowledge of the work said. The leading Japanese automaker is… Continue reading Exclusive-Toyota to outline 3-year EV plan changes to suppliers -sources
Auto Roundup: AZO & THO’s Quarterly Results, BWA’s Spin-Off Plans & More
Last week, China Passenger Car Association (CPCA) released vehicle sales data for November. Per the agency, vehicle sales in China totaled 1.67 million units last month, down 9.5% year over year. This marked the first decline since May. On the news front, auto parts retailer AutoZone Inc. AZO and recreational vehicle (RV) maker Thor Industries THO reported quarterly… Continue reading Auto Roundup: AZO & THO’s Quarterly Results, BWA’s Spin-Off Plans & More
Meta shuts down its Connectivity division after nearly a decade
/ Last month’s layoffs broke up Meta’s Connectivity arm, which, at one point, worked on developing a satellite-based internet system. Nick Barclay / The Verge Meta’s shuttering its Connectivity arm almost 10 years after launching the initiative, according to a report from Light Reading. The company confirmed to both Light Reading and Fierce Wireless that… Continue reading Meta shuts down its Connectivity division after nearly a decade
Vinfast takes the IPO path, TuSimple and Navistar break up and Rad Power Bikes makes its most important product yet
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. This is a shorter version of The Station newsletter that is emailed to subscribers. Want all the deals, news roundups and commentary? Subscribe… Continue reading Vinfast takes the IPO path, TuSimple and Navistar break up and Rad Power Bikes makes its most important product yet
Elon Musk booed at Dave Chappelle show, claims it was only like ‘10 percent boos’
Elon Musk/ Tech / Not long after Musk made transphobic remarks, he appeared on stage with a comedian who has been repeatedly criticized for his own transphobic remarks. Kristen Radtke / The Verge; Getty Images Elon Musk took a brief break from running multiple companies mired in drama to create a little more drama by… Continue reading Elon Musk booed at Dave Chappelle show, claims it was only like ‘10 percent boos’
ELECTRONIC DESIGN AUTOMATION INDUSTRY LEADER SYNOPSYS SELECTS GEP FOR PROCUREMENT MANAGED SERVICES AND SOFTWARE TO DELIVER GREATER EFFICIENCY AND MITIGATE RISKS
GEP SOFTWARE selected to work with Synopsys source-to-contract (S2C) process covering all indirect global spending GEP to support its aim to continue diversifying its supplier base CLARK, N.J., Dec. 12, 2022 /PRNewswire/ — GEP, a leading provider of procurement and supply chain strategy, software and managed services to Fortune 500 and Global 2000 enterprises worldwide, announced… Continue reading ELECTRONIC DESIGN AUTOMATION INDUSTRY LEADER SYNOPSYS SELECTS GEP FOR PROCUREMENT MANAGED SERVICES AND SOFTWARE TO DELIVER GREATER EFFICIENCY AND MITIGATE RISKS
The 39th Harbin International Ice and Snow Festival is around the corner
HARBIN, China, Dec. 12, 2022 /PRNewswire/ — Located in the heartland of Northeast Asia, Harbin enjoys superior natural conditions, a special urban history and unique ice and snow culture. It is an international metropolis where different cultures meet and interact. People here live in harmony and learn from each other, and have created a diversified… Continue reading The 39th Harbin International Ice and Snow Festival is around the corner