The deadline for obtaining the permits for all the alternative transport platforms operating in Romania is February 1st.Currently, more than 60% of the drivers active on the Clever and FREE NOW platforms are authorized according to the law and will be able to continue taking orders after the imposed deadline.The Clever and FREE NOW platforms currently have over 30,000 registered drivers in Romania, both for taxi and alternative transport services.
Category: Newswire
Fiat Will Effectively Fund Tesla’s German Factory, Baird Says
Fiat Chrysler Automobiles NV’s deal to pool its fleet with Tesla Inc. to comply with stricter emissions rules in Europe is in effect funding the electric-car maker’s upcoming Germany factory, according to Robert W. Baird & Co.
New kid on the engine-less block
DON’T expect to see much under the bonnet of the Audi e-tron, if you poke around one at the Singapore Motorshow this weekend, where it’s making its debut.The S$367,500 (inclusive of Certificate Of Entitlement) sport utility vehicle is a significant car for Audi, given that it’s the brand’s first electric vehicle (EV) for the general public.Audi claims a range of 385km for the e-tron on a full charge, which is plenty enough for most drivers here, even those planning to drive halfway up Peninsular Malaysia.
Horizon Robotics reveals Horizon Matrix™ 2, its second generation scalable, low-power, ready-to-use autonomous driving computing platform
The passively cooled Matrix™ 2 utilizes Horizon’s automotive-grade Horizon Journey™ 2 AI processor and supports operation under a wide range of environmental conditions. The computing platform includes field-tested algorithms to deliver highly accurate vision perception for applications ranging from ADAS to fully autonomous robotaxis, shuttles, trucks and delivery fleets. Each Horizon Matrix™ 2 can support… Continue reading Horizon Robotics reveals Horizon Matrix™ 2, its second generation scalable, low-power, ready-to-use autonomous driving computing platform
Tesla’s $1.8 billion bond hits a crucial milestone as it surges to its highest level since 2017
Tesla’s high-yield bond leaped to its highest levels ever on Wednesday, trading at face value for the first time since its issuance in 2017.A bond’s face value is the amount due to the bondholder once the debt reaches maturity.Tesla has 10 “buy” ratings, 11 “hold” ratings, and 15 “sell” ratings from analysts.
Debrecen BMW to recruit locally in spring
Debrecen BMW to recruit locally in spring Budapest Business Journal | Jan 9, 2020 at 9:00 AM An assembly line may include internal combustion models, plug-in hybrids or even electric models, penzcentrum.hu adds.
New managing director at Ford Hungary
During his career at the company, he managed Fordʼs Romanian subsidiary, and Fordʼs European pricing center in Szentendre, where he headed one of the organizationʼs largest pricing teams, serving all European markets.
Liberty House to cut 355 jobs in UK steelmaking plants
…plant, which focuses on speciality steels. Seventy workers at the Newport plant, which produces hot rolled coil for construction and automotive companies, will also be let go, according to two people…
FAW Group to introduce electric models of Chairman Mao’s favourite car
FAW Group to introduce electric models of Chairman Mao’s favourite car South China Morning Post | Jan 9, 2020 at 4:04 AM Red Flag, first developed by FAW Group in 1958, will introduce 21 models over the next five years, 18 of them electric.
Rolls Royce no longer just for chauffeured CEOs as custom-made SUVs attract celebrities and influencers who get rich younger
Most Rolls-Royce owners used to be captains of industry, in their mid-fifties, and driven around by a chauffeur.As a result, the average age of buyers is down 13 years on a decade ago, when Mr Müller-Ötvös became head of the BMW-owned business.Named after the largest diamond ever found, the Cullinan accounted for 40 per cent of all its cars sold in 2019 – its first full year on the market.