BANGALORE, India & DUBLIN, Calif.–(BUSINESS WIRE)– #AI–Tata Elxsi and AEye to showcase advanced RoboTaxi software framework that helps car makers accelerate their autonomous development initiatives at CES Go to Source
Category: Newswire
MG Hector retail sales at 3,021 units in December 2019
MG (Morris Garages) Motor India has recorded retail sales of 3,021 units of the Hector in December 2019.MG Hector features a chrome accent surrounded front grille, split LED headlamps, LED DRLs, LED fog lamps, LED tail lamps, LED fog lamps, dualtone machined alloys, shark fin antenna and heated ORVM.MG Motor India is all set to launch the ZS electric vehicle this month.
NIO CEO pledges to improve finances as Tesla challenge looms
THE head of NIO Inc pledged an improvement in the struggling Chinese electric carmaker’s finances as demand picks up and the company’s cost-cutting efforts start to bear fruit.China’s electric car market is slowing as the government reduces subsidies, and competition is getting tougher with Tesla preparing to start deliveries of its China-built Model 3 sedans.Yet losses will probably continue to mount: for 2020, the average loss estimate is US$1.2 billion on revenue of US$1.7 billion.
NIO Has Smaller Loss Than Estimated on EV Sales; Shares Soar
NIO Inc. reported a narrower third-quarter loss than analysts estimated as demand for electric cars picked up, yet the struggling Chinese manufacturer remains far from profitability amid high costs. The stock soared.
DishDivvy Announces Partnership with DoorDash For Deliveries of Homemade Food
LOS ANGELES, Dec. 30, 2019 /PRNewswire/ — DishDivvy, the leading marketplace for connecting local home cooks with nearby consumers, has partnered with DoorDash to provide its diners a door-to-door delivery option for orders placed on the DishDivvy platform. DishDivvy users, who are unable to pick up their orders on their own, will now be able… Continue reading DishDivvy Announces Partnership with DoorDash For Deliveries of Homemade Food
StradVision to demonstrate ADAS and driver monitoring in Ambarella demonstration vehicle during CES
SANTA CLARA, Calif., and SAN JOSE, Calif., Dec. 30, 2019 /PRNewswire/ — As the world descends on Las Vegas from January 7-10, 2020, to view the latest and greatest in automotive technology at CES 2020, two of the automotive industry’s technology leaders will be working in tandem to demonstrate a combined ADAS and driver monitoring solution… Continue reading StradVision to demonstrate ADAS and driver monitoring in Ambarella demonstration vehicle during CES
Maruti Suzuki Vitara Brezza facelift spied sans camouflage
Maruti Suzuki Vitara Brezza has been a crowd favourite ever since its launch in India in March 2016 and the sales numbers achieved by the vehicle vehemently back the claim.The front fascia of Maruti Suzuki Vitara Brezza facelift has been tweaked and gets a new grille flanked by refurbished projector headlamps with LED DRLs.The major change is expected to come under the hood of Maruti Suzuki Vitara Brezza facelift.
New Number of Votes in AB Volvo
GOTHENBURG, Sweden, Dec. 30, 2019 /PRNewswire/ — The number of votes in AB Volvo has changed due to the conversion of a total of 441 304 Series A shares to a total of 441 304 Series B shares. The conversions were implemented with the support of the opportunity for Series A shareholders to request conversion… Continue reading New Number of Votes in AB Volvo
China fines Toyota 87.6m yuan over Lexus price-fixing
CHINA’S market regulator on Friday has fined Japanese carmaker Toyota Motor 87.6 million yuan (S$16.9 million) for price-fixing on its premium Lexus cars in eastern Jiangsu province.Lexus also fixed sales strategies in the region over the period, including offering customers discounts while asking them to purchase accessories at fixed prices, a sales tactic usual among individual auto dealers in China but frowned upon for carmakers.China’s car sales are declining, but Lexus’ sales keep growing.
People-moving tunnel to open in Las Vegas: Musk
A TUNNEL in Las Vegas that is nearly 1.5 km long and meant to showcase a “traffic busting” alternative for overcrowded cities should be completed next year, innovative entrepreneur Elon Musk said on Twitter.The Las Vegas convention centre is a sprawling complex being further enlarged – the 1.3 km tunnel would facilitate travel within the center and to the city’s famous Strip, where many of its major hotels and casinos are located.Las Vegas officials selected The Boring Company in March to design, build and manage twin tunnels capable of transporting passengers in small, autonomous vehicles, each holding eight to 16 passengers.