Amsterdam, Netherlands, 24 June 2022, TomTom (TOM2), the geolocation technology specialist, today announced the appointment of Marili ’t Hooft-Bolle and Gemma Postlethwaite as new members of its Supervisory Board at today’s Extraordinary General Meeting. Marili was appointed for a term effective as of today until the Annual General Meeting in 2027. As of today, Marili… Continue reading Marili ‘t Hooft-Bolle and Gemma Postlethwaite appointed as Supervisory Board Members of TomTom
Category: Automotive
Elon Musk Says New Tesla Factories Are Wasting “Billions of Dollars”
“It should be like a giant roaring sound which is the sound of money on fire.” Cash and Burn All is not well at the Gigafactory, apparently. In a just-released May 30th interview with the Tesla Owners of Silicon Valley fan club, billionaire Tesla CEO Elon Musk lamented that global supply chain issues and EV… Continue reading Elon Musk Says New Tesla Factories Are Wasting “Billions of Dollars”
Parameswaran Iyer appointed as Niti Aayog CEO
Parameswaran Iyer Former Drinking Water and Sanitation Secretary Parameswaran Iyer, who spearheaded the Swachh Bharat Mission, was on Friday appointed as the CEO of Niti Aayog, according to a government order. He will replace Amitabh Kant, who will demit office on June 30. Iyer has been appointed for two years or until further orders, whichever… Continue reading Parameswaran Iyer appointed as Niti Aayog CEO
TN CM launches Advanced Manufacturing System Centre, Industry 4.0 readiness survey
Chief Minister M K Stalin on Friday launched a slew of initiatives including the Tamil Nadu Centre for Advanced Manufacturing Hub (TANCAM), a first-of-its-kind centre of excellence in India, at Tidel Park, Chennai, at a cost of Rs 212 crore and the Industry 4.0 Readiness Survey. A collaborative venture between TIDCO and French firm Dassault… Continue reading TN CM launches Advanced Manufacturing System Centre, Industry 4.0 readiness survey
Electric mobility startup Matter raises USD 10 mn
Electric mobility startup Matter on Friday said it has raised USD 10 million (nearly Rs 80 crore) in its latest round of funding from investors, including Capital 2B, a technology fund backed by Infoedge and Climate Angels Fund. The new investors now join the founders and existing investors, including Baring Private Equity Partners, the company… Continue reading Electric mobility startup Matter raises USD 10 mn
MG Motor inaugurates residential community EV chargers in Jaipur
MG Motor India on Friday said it has inaugurated the first two residential community SMART electric vehicle chargers in Jaipur as part of its plans to set up more such charging stations in the Rajasthan capital. Under the company’s MG Charge initiative, the automaker will install 1,000 AC fast chargers at residential localities across India… Continue reading MG Motor inaugurates residential community EV chargers in Jaipur
Tamil Nadu to redesign engineering curriculum to suit EV sector requirements
CHENNAI: The Tamil Nadu government will assist electric mobility players to invest and set up shop in the state as the electric vehicle push will make it possible for the state to hit its $1 trillion economy target by 2030. According to Hans Raj Verma, IAS, CMD, Tamil Nadu Industrial Investment Corporation, Chennai is already… Continue reading Tamil Nadu to redesign engineering curriculum to suit EV sector requirements
Chinese EV maker Nio sparks backlash with Shanghai crash handling
SHANGHAI — Chinese electric vehicle maker Nio has triggered a backlash, after it appeared to blame a bizarre accident at its Shanghai headquarters on two people killed when one of its cars plummeted from the building’s third floor. The accident on Wednesday, which left two digital dashboard testers dead, went viral online with images showing… Continue reading Chinese EV maker Nio sparks backlash with Shanghai crash handling
Toyota pushes some parts suppliers to lower prices
NAGOYA — Toyota Motor is asking certain parts companies to cut prices for the July-September quarter, returning to its customary requests now that it expects output to recover soon. The Japanese automaker works with suppliers to curb costs and asks them to share a portion of the resulting savings in the form of price cuts… Continue reading Toyota pushes some parts suppliers to lower prices
Gas prices too high? EV maker Lucid arrives in Seattle with studio to show off $154k luxury car
A Lucid Air Grand Touring electric vehicle inside the company’s new studio space at University Village in Seattle. (GeekWire Photo / Kurt Schlosser) If $6-a-gallon gas has got you down, maybe you’re considering joining the rush of drivers making the switch to electric vehicles. A new showroom opening Saturday in Seattle’s University Village will show… Continue reading Gas prices too high? EV maker Lucid arrives in Seattle with studio to show off $154k luxury car