Wing, the drone delivery company operated by Google parent Alphabet, unveiled a series of new prototype aircraft designed to handle a variety of payloads. The company said the new drones will share the same underlying components with the aircraft currently in use delivering pharmaceuticals and other small packages in the suburbs outside of Dallas-Fort Worth.… Continue reading Alphabet’s Wing is working on larger drones that can handle heavier deliveries
Category: Automotive
Hot and hyped: inside the strange launch of the Nothing Phone 1
There was a lot riding on Nothing’s Phone 1 launch this week. For months, the company’s CEO Carl Pei, who rose to prominence as one of the co-founders of OnePlus, has been making big promises about Nothing’s first smartphone. “Consumer tech, how did we let it get so boring?” the CEO asked rhetorically during a… Continue reading Hot and hyped: inside the strange launch of the Nothing Phone 1
Indian EV ride-hailing firm BluSmart eyes $250m fundraiseBluSmart looking o finalise deals with impact funds and PE investors in the next two months
The chief executive of Indian ride–hailing start-up BluSmart Electric Mobility has said it is close to raising $250 million from investors including BP’s venture capital division. BluSmart, which runs an all-electric vehicle (EV) fleet, was expecting to finalise deals with impact funds and private equity investors within the next two months, Anmol Jaggi said. “Bp Ventures already has a stake in BluSmart and will be one of the… Continue reading Indian EV ride-hailing firm BluSmart eyes $250m fundraiseBluSmart looking o finalise deals with impact funds and PE investors in the next two months
CICC appoints Wang Shuguang as new investment banking head
China International Capital Corp Ltd (CICC) has appointed veteran dealmaker Wang Shuguang to lead its investment banking business, said two people with knowledge of the matter. The appointment, effective July 11, comes as Wang Sheng, the bank’s previous investment banking head, has moved to China Galaxy Securities to take over as chief executive of the smaller peer. The two have the… Continue reading CICC appoints Wang Shuguang as new investment banking head
@Ford: Ford Execs to Discuss Ford+ Plan, Q2 Results, 2022 Outlook During July 28 Fireside Chat with BNP Paribas Exane Analyst
DEARBORN, Mich.–(BUSINESS WIRE)–Senior leaders from Ford will discuss the company’s second-quarter 2022 financial performance and full-year expectations – in the context of its Ford+ plan for growth and value creation – during a fireside chat hosted by James Picariello, BNP Paribas Exane automotive equity analyst, at 1:00 p.m. ET on Thursday, July 28. From Ford,… Continue reading @Ford: Ford Execs to Discuss Ford+ Plan, Q2 Results, 2022 Outlook During July 28 Fireside Chat with BNP Paribas Exane Analyst
Updated MG 5 EV estate goes on sale at £30,995
MG has revealed pricing and specification details for the new MG 5 EV electric estate, which has redesigned bodywork, upgraded standard equipment and improved towing capabilities. One of two EVs sold by the Chinese firm, alongside the MG ZS EV crossover, it’s priced from £30,995 – a slight premium over the previous version – and available in two specification levels. … Continue reading Updated MG 5 EV estate goes on sale at £30,995
Omegle can be sued for matching child with sexual predator, says court
Chat service Omegle is on the hook for a lawsuit after its matching system paired an 11-year-old girl with a man who then sexually abused her. A district judge in Portland, Oregon, said the company’s system wasn’t protected by the legal shield that covers much user-generated content. The case isn’t concluded, but it opens the… Continue reading Omegle can be sued for matching child with sexual predator, says court
Tesla (TSLA) & Panasonic Ink Deal for Cell Production Unit
Tesla’s TSLA major battery supplier, Panasonic PCRFY, is set to build and operate the world’s largest battery cell production facility in Kansas. The Panasonic plant will primarily supply batteries to Tesla but is not limited to the company. PCRFY will also have a research department focused on next-generation batteries. The plant is expected to be… Continue reading Tesla (TSLA) & Panasonic Ink Deal for Cell Production Unit
Gridtential thinks the OG renewable battery chemistry is ripe for disruption
Lithium-ion batteries are one of the driving forces behind the transition away from fossil fuels, but the rechargeable battery that started it all — lead-acid — has received very little attention. Invented over 160 years ago, lead-acid batteries have been upgraded a few times, but today’s cells are largely unchanged from those sold in the… Continue reading Gridtential thinks the OG renewable battery chemistry is ripe for disruption
GM and EVgo to build fast-chargers at Pilot Flying J gas stations
General Motors is teaming up with Pilot Flying J to build a national fast-charge network for EVs. The partnership between GM and Pilot will help accelerate EV sales by filling in gaps along the charging infrastructure. Access to charging stations remains American drivers’ top concern over buying or leasing an EV, according to a July… Continue reading GM and EVgo to build fast-chargers at Pilot Flying J gas stations