Panasonic said it will stop producing solar cells and modules at Tesla’s factory in Buffalo, N.Y., ending a four-year joint venture with the electric automaker. Nikkei Asian Review was the first to report that Panasonic planned to end its production agreement with Tesla. Panasonic has since issued an announcement to explain its decision. Tesla did… Continue reading Panasonic is ending its solar cell partnership with Tesla
Category: Automotive
Hyundai Obtains Victory in Court Against Seller and Importer of Non-Genuine Parts
The multi-million dollar judgment stems from Hyundai’s federal trademark lawsuit against DTI, in which Hyundai claimed that DTI was guilty of importing Hyundai-branded service and collision parts intended for sale and use in foreign countries and palming off those parts as if they were Hyundai Genuine Parts sourced through Hyundai’s U.S. authorized chain of distribution.… Continue reading Hyundai Obtains Victory in Court Against Seller and Importer of Non-Genuine Parts
Tesla’s secret Roadrunner project: new battery production at $100 per kWh on a massive scale
Electrek has learned more about Tesla’s secret project “Roadrunner”: applying “the machine that builds the machine” strategy to produce cheaper battery cells on a massive scale. $100 per kWh has been described as the price target for batteries to enable electric vehicles to reach a price parity with gasoline cars without subsidies. If combined with… Continue reading Tesla’s secret Roadrunner project: new battery production at $100 per kWh on a massive scale
NIO starts production of its new EC6 electric SUV coupe
The production of the highly anticipated NIO EC6 SUV EV kicked off at the JAC-NIO Advanced Manufacturing Center in Hefei. NIO shows it is continuing its climb out of last year’s slump. William Li, Founder, Chairman and CEO of NIO and An Jin, Chairman of JAC announced the official launch of the production of NIO’s… Continue reading NIO starts production of its new EC6 electric SUV coupe
From ER Visit to AI Startup, CloudMedx Pursues Predictive Healthcare Models
Twice Sahar Arshad’s father-in-law went to an emergency room in Pakistan complaining of frequent headaches. Twice doctors sent him home with a diagnosis of allergies. Turns out he was suffering from a subdural hematoma — bleeding inside the head. Following the second misdiagnosis, he went into a coma and required emergency brain surgery (and made… Continue reading From ER Visit to AI Startup, CloudMedx Pursues Predictive Healthcare Models
A ‘sense of urgency’ at Ford, says automaker’s new chief operating officer
Ford Motor Co.’s incoming chief operating officer on Wednesday sought to calm investor concerns, emphasizing his top priority is to ensure the Dearborn automaker’s major vehicle introductions this year go smoothly. “Everyone at Ford Motor Co. knows the situation we’re in,” said Jim Farley, Ford’s strategy chief, said at a Wolfe Research conference in New York, likening the company’s… Continue reading A ‘sense of urgency’ at Ford, says automaker’s new chief operating officer
FCA CEO Mike Manley received $12.5 million in compensation in 2019
Fiat Chrysler Automobiles NV CEO Mike Manley in 2019 received $12.46 million (11.45 million euro) in compensation for his first full year leading the Italian American automaker. In a filing Tuesday with the Securities and Exchange Commission, Fiat Chrysler said it neared the $14 million total pay target for Manley it had projected last year. The automaker was the first of Detroit’s… Continue reading FCA CEO Mike Manley received $12.5 million in compensation in 2019
MG Motor UK opens new dealership at historic Longbridge site
MG Motor UK has launch Paul Rigby MG Longbridge. Situated in the historic conference centre at the Longbridge site, the newly established dealership joins a growing network of MG retailers in and around the UK. Paul Rigby MG Longbridge represents the group’s first venture into the MG brand. Sam Rollason, sales manager at Paul Rigby… Continue reading MG Motor UK opens new dealership at historic Longbridge site
Glyn Hopkin opens its first official franchised Kia dealership in Romford
Glyn Hopkin has opened a new official franchised Kia dealership in Romford. The Kia dealership is a first for the group, which takes its brand count to 13. Fraser Cohen, managing director of Glyn Hopkin, said: “Kia is a progressive and highly respected brand in the UK, and this appointment marks an important development for… Continue reading Glyn Hopkin opens its first official franchised Kia dealership in Romford
Rybrook Group opens new Volvo dealership in Preston
Rybrook Group has added newly built Volvo site in Preston. This is the Group’s third Volvo location for the group alongside its existing sites in Warrington and Chester. The new site is an official Volvo Retail Experience location. The new retail concept aims to create an environment with high levels of visual transparency for customers,… Continue reading Rybrook Group opens new Volvo dealership in Preston