@Nissan: Nissan responds to judgement from Dubai Court of Appeal 000775

2022/06/17 Al Dahana FZCO, a former distribution partner, had brought various claims against Nissan following the end of their joint venture business in the Middle East (Nissan Gulf FZCO) in 2019. On June 8th, the Dubai Court of Appeal issued a comprehensive judgement in favor of Nissan. This Dubai Court of Appeal judgement overturns an… Continue reading @Nissan: Nissan responds to judgement from Dubai Court of Appeal 000775

OTSL Announces State-of-Art Millimeter-Wave Radar Simulator Product for Autonomous Driving

– Super Parallel Optimization Improves Simulation Performance over 10 Times – NAGOYA, Japan, June 17, 2022 /PRNewswire/ — OTSL Inc., a short-distance wireless system and embedded system developer and distributor, has announced a new 3D real-time millimeter-wave radar simulator for autonomous driving (*1), AMMWR2 (Advanced Millimeter Wave Radar Simulator 2). Since introducing AMMWR to market… Continue reading OTSL Announces State-of-Art Millimeter-Wave Radar Simulator Product for Autonomous Driving

Volvo Energy invests in Connected Energy for second life battery business

GÖTEBORG, Sweden, June 17, 2022 /PRNewswire/ — Volvo Energy invests in the UK-based, second-life battery energy storage specialist Connected Energy in order to further accelerate Volvo Group’s battery business and sustainability opportunities.  In its mission to support and secure an attractive and sustainable circular business model for batteries, Volvo Energy is investing approx. SEK 50… Continue reading Volvo Energy invests in Connected Energy for second life battery business

India ‘convinced’ WTO talks will be successful

Union Minister for Commerce and Industry Piyush Goyal at the G33 Ministerial meeting. India is convinced that the World Trade Organization‘s ministerial conference will be among the most successful held for many years, Commerce and Industry Minister Piyush Goyal said Thursday. Goyal is the man in the spotlight at the WTO‘s 12th gathering of trade… Continue reading India ‘convinced’ WTO talks will be successful

Intensifying competition could adversely affect our business globally, says Tata Motors

Tata Motors said that globally, it is witnessing certain supply chain disruptions as a result of China’s lockdown, adding that its domestic business is also likely to witness a negative impact on financial performance. New Delhi: Tata Motors Group, operating as three independent business units of Commercial Vehicles (CVs), Passenger Vehicles (PVs) and Jaguar Land… Continue reading Intensifying competition could adversely affect our business globally, says Tata Motors

Elon Musk sued for $258 billion over alleged Dogecoin pyramid scheme

Musk is CEO of both Tesla and SpaceX. NEW YORK – Elon Musk was sued for $258 billion on Thursday by a Dogecoin investor who accused him of running a pyramid scheme to support the cryptocurrency. In a complaint filed in federal court in Manhattan, plaintiff Keith Johnson accused Musk, electric car company Tesla Inc… Continue reading Elon Musk sued for $258 billion over alleged Dogecoin pyramid scheme

@Subaru: SUBARU was awarded a contract of SUBARU BELL 412EPX Helicopter from Chubu Regional Development Bureau, MLIT000148

June 17, 2022 Tokyo, June 17, 2022 – Subaru Corporation is pleased to announce that we were awarded a contract of SUBARU BELL 412EPX, from Chubu Regional Development Bureau, Ministry of Land, Infrastructure, Transport and Tourism (MLIT). The helicopter is scheduled to be delivered to the customer in 2024. It is expected to be used… Continue reading @Subaru: SUBARU was awarded a contract of SUBARU BELL 412EPX Helicopter from Chubu Regional Development Bureau, MLIT000148

Q&A: Accelerating electric vehicle adoption

Richard Bartlett, BP’s head of future mobility, Rainer Feurer, BMW senior executive, Ginny Buckley, founder of consumer advice platform electrifying.com, and Julia Poliscanova, senior director at campaign group Transport and Environment, spoke to Peter Campbell, FT global motor industry correspondent, at FT Live’s Future of the Car conference last month. Here is an edited transcript… Continue reading Q&A: Accelerating electric vehicle adoption

Cruise’s San Francisco robotaxis seize initiative in race for autonomy

Since Google launched its self-driving car project in 2009, it has been leading the way towards a new age of autonomous transport that could reshape cities and, one day, deal a death blow to car ownership. But, in San Francisco, close to its headquarters, the tech giant has found itself overtaken by Cruise — a… Continue reading Cruise’s San Francisco robotaxis seize initiative in race for autonomy

Transcript: What does the future of the car look like?

Receive free Automobiles updates We’ll send you a myFT Daily Digest email rounding up the latest Automobiles news every morning. Jim Rowan, chief executive of Volvo Cars, spoke to Peter Campbell, FT global motor industry correspondent, at FT Live’s Future of the Car conference in London last month. This is an edited transcript of his… Continue reading Transcript: What does the future of the car look like?