Byton, the Chinese electric-car startup founded by former BMW AG executives, is seeking about $400 million in a new round of funding, people with knowledge of the matter said. The Nanjing-based company, which showcased a concept car at the Consumer Electronics Show in Las Vegas this month, has been reaching out to potential investors to… Continue reading BMW Alums’ China Electric-Car Maker Seeks $400 Million
Category: Automotive
British billionaire eyes electric car plan for former Holden factory
Australia news British billionaire eyes electric car plan for former Holden factory Sanjeev Gupta is reported to have approached General Motors to buy assets from South Australia’s closed Elizabeth factory The last Holden cars rolled off the factory floor at the Elizabeth plant in 2017. Plans by Sanjeev Gupta could breath new life into the… Continue reading British billionaire eyes electric car plan for former Holden factory
Uber ignores security bug that makes its two-factor authentication useless
(Image: file photo) Uber has ignored a security bug that can allow an attacker to hack into user accounts by bypassing two-factor authentication because the ride sharing company says the flaw “isn’t a particularly severe” issue. Two-factor authentication (2FA) is a vital part of protecting online accounts. It adds a second layer of security on… Continue reading Uber ignores security bug that makes its two-factor authentication useless
Tesla Model S Chosen As Dream Car Among Millennials, Men In General
Tesla’s Model S is the “dream” car among millennials. At least that’s according to a survey conducted by Gold Eagle, an auto parts company that does consumer surveys to determine where the market is trending. The survey asked 2,000 American car owners to choose their ideal vehicle. The Model S wasn’t just popular among millennials.… Continue reading Tesla Model S Chosen As Dream Car Among Millennials, Men In General
Valenciennes: PSA employees worried after signing the collective agreement break
“No comment !” exclaims a worker before pushing the turnstile of the factory PSA de Valenciennes when asked what he thinks of the conventional collective break. Others “prefer not to talk about it” or “not to be filmed” but recognize a lot about discussing it with colleagues. Those who agree to answer a few questions… Continue reading Valenciennes: PSA employees worried after signing the collective agreement break
Daimler struggling with European emissions standards
Dieter Zetsche, chairman of the management board of Daimler, says his company is struggling to meet tightened European emissions standards The chief executive of Daimler said Monday at the Detroit auto show that his company cannot currently guarantee it can meet tougher European CO2 emissions standards taking effect in several years. Dieter Zetsche, CEO of… Continue reading Daimler struggling with European emissions standards
BMW boss Harald Krüger: “Maybe some underestimated me”
As BMW chairman of the board for the last three two years, Harald Krüger was faced with many challenges during his tenure, from the industry-wide diesel issues in Europe to electrification of the fleet and fierce competition from new and old automakers. However, in an interview with the German Manager Magazin that the 53-year-old Krüger… Continue reading BMW boss Harald Krüger: “Maybe some underestimated me”
Oil Giant Shell Bids For London Minicab Licence
Oil Giant Shell Bids For London Minicab Licence | Cab Trade News Javascript must be enabled for the correct page display Skip to Content Comments are closed. Subscribe2 Back to top
Visteon’s new DriveCore AD platform to accelerate adoption of self-driving technology
DriveCore technology on a Visteon autonomous car. Earlier this month, Visteon Corporation, the leading automotive cockpit technology company, unveiled its DriveCore autonomous driving platform at CES 2018. Designed to accelerate the development and commercialisation of autonomous driving technology, DriveCore is the first solution to allow automakers to build autonomous driving solutions quickly and in an… Continue reading Visteon’s new DriveCore AD platform to accelerate adoption of self-driving technology
After Whirlwind 2017, May Mobility Plans to Expand Driverless Fleet
May Mobility, the autonomous vehicle startup based in Ann Arbor, MI, had an action-packed 2017. The company launched in January, completed a stint in the Y Combinator accelerator over the summer, put driverless shuttles on downtown Detroit streets through a small pilot program in October, and raised more than $11 million over the course of… Continue reading After Whirlwind 2017, May Mobility Plans to Expand Driverless Fleet