Morgan Stanley slashed its estimate of how much Alphabet Inc.’s Waymo driverless car business is worth, saying the technology is taking longer to develop than previously expected.
Category: Newswire
Car industry to get £1bn boost as electric drive shifts gear
…Business secretary Andrea Leadsom has announced plans to invest “up to £1bn” in the car industry, to accelerate the shift towards electric vehicles and reduce carbon emissions, but warned the sector…
Tesla Surges on Musk Seeing Shot at 100,000-Delivery Quarter
Tesla Inc. shares climbed the most since June after Elon Musk said in an email to employees that the carmaker has a chance to top the vehicle-delivery record it set in the second quarter.
Smart Eye Receives Additional Eight Design Wins With Existing Japanese OEM
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Koenigsegg Sets New 0-400-0 km/h World Record
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Mando opens a new R&D center in Europe
– Mando to expand technological leadership in the birthplace of autos – SEOUL, South Korea and FRANKFURT, Germany, Sept. 27, 2019 /PRNewswire/ — On September 11, Mando (CEO: Mong-won Chung, Il-Hwan Tak) held the opening ceremony of its new R&D center in Frankfurt, Germany joined by…
Hyundai Motor Company and Cummins to Collaborate on Hydrogen Fuel Cell Technology
COLUMBUS, Ind. & SEOUL, Korea–(BUSINESS WIRE)–Hyundai Motor Company and Cummins Inc. (NYSE: CMI), announced today that the two global powertrain leaders have entered into a memorandum of understanding (MOU) to jointly evaluate opportunities to develop and commercialize electric and fuel cell powertrains. These new powertrains are expected to be developed by combining Hyundai’s fuel cell… Continue reading Hyundai Motor Company and Cummins to Collaborate on Hydrogen Fuel Cell Technology
Bollinger Motors Reveals Four-Door B1 and B2 Electric Trucks
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Subaru of America Achieves Second Major Recycling Milestone In Less Than Six-Months
“At a time when the environment has never been more at risk and therefore extremely vital to protect, this incredible milestone means so much to us at Subaru,” said Alan Bethke, Senior Vice President of Marketing, Subaru of America, Inc. “Through our partnership with TerraCycle, in a mere six months after announcing our first milestone,… Continue reading Subaru of America Achieves Second Major Recycling Milestone In Less Than Six-Months
Toyota Announces Leadership Changes at Manufacturing Facilities in Indiana and West Virginia
PLANO, Texas, Sept. 26, 2019 /PRNewswire/ — Toyota North American Operations (TMNA) today announced the appointment of Leah Curry as president of Toyota Motor Manufacturing, Indiana (TMMI) and Srini Matam as president of Toyota Motor Manufacturing, West Virginia (TMMWV), effective October 1. This announcement follows the decision by Millie Marshall, president of TMMI, to retire effective… Continue reading Toyota Announces Leadership Changes at Manufacturing Facilities in Indiana and West Virginia