German Handelsblatt: Industry: VW subsidiary Skoda is considering withdrawing from China005774

The Czech Volkswagen subsidiary Skoda is considering withdrawing from China. “There is very intense competition there. Together with the Chinese joint venture partner, we will look at how we want to continue there,” said Skoda boss Klaus Zellmer of the “Automobilwoche” according to the preliminary report on Sunday. “If we want to focus our forces,… Continue reading German Handelsblatt: Industry: VW subsidiary Skoda is considering withdrawing from China005774

Tesla unveils new biggest Megapack project in Europe

Tesla has unveiled a new giant Megapack project In Belgium that it is now the biggest Megapack project in continental Europe and one of the biggest energy storage projects on the whole continent. Megapack projects have been popping up left and right lately. Tesla’s biggest energy storage product has quickly emerged as the leading battery… Continue reading Tesla unveils new biggest Megapack project in Europe

Attackers Keep Targeting the US Electric Grid

We at WIRED have written plenty about the threat that cyberattacks pose to power grids worldwide. But lately, the most significant attacks on electrical systems have demonstrated that hacking is hardly necessary when physical destruction and sabotage are an option: Just as Russia’s invasion force in Ukraine has systematically destroyed electrical infrastructure to cause vast… Continue reading Attackers Keep Targeting the US Electric Grid

Star-crossed: Mercedes faces dilemma over dependence on Russia and China

Star-crossed: Mercedes faces dilemma over dependence on Russia and China Mercedes’s three-pointed star symbol on display at the giant Sindelfingen plant outside Stuttgart. Photograph: Ronald Wittek/EPA Mercedes’s three-pointed star symbol on display at the giant Sindelfingen plant outside Stuttgart. Photograph: Ronald Wittek/EPA Moscow provides Germany with power, and the Chinese buy the company’s cars in… Continue reading Star-crossed: Mercedes faces dilemma over dependence on Russia and China

The Christmas Miracle that saved Ferrari | GRR – Goodwood Road and Racing

As the challenging year of 2022 gradually draws to a close, so too does the 75th anniversary of one of a pair of post-war European sportscar-making greats. This past year has seen Goodwood – plus seemingly every other major global motoring venue and event – celebrating the revered Ferrari marque’s first 75 years as a… Continue reading The Christmas Miracle that saved Ferrari | GRR – Goodwood Road and Racing

Saboteur Iguana Causes Mass Power Outage, Then Dies

“The pictures are horrible every time this happens.” Sir Saboteur The war between Floridians and invasive iguanas continues. And unfortunately for the Floridians, their reptilian nemeses are willing to lay it all on the line — literally. As local newspaper Sun Sentinel reports, a rogue iguana became a martyr for its own cause when it… Continue reading Saboteur Iguana Causes Mass Power Outage, Then Dies

ChatGPT’s Recommendations for Airport Security Are Shockingly Racist

Yikes. Racist AI OpenAI’s loquacious new text-generating ChatGPT is taking the internet by storm. The algorithm’s capabilities are seriously impressive, churning out everything from source code to vaguely believable short stories. It even dabbles in (sometimes horrifying) poetry and can write approximately undergraduate-level essays. Despite its deftness at mimicking a human writer, though, ChatGPT remains far… Continue reading ChatGPT’s Recommendations for Airport Security Are Shockingly Racist

Small Arms Market worth $11.1 billion by 2027 – Exclusive Report by MarketsandMarkets™

CHICAGO, Dec. 8, 2022 /PRNewswire/ — The small arms market size is projected to grow from USD 8.9 billion in 2022 to USD 11.1 billion by 2027, at a CAGR of 4.5% from 2022 to 2027 according to a new report by MarketsandMarkets™. Factors such as the change of warfare dynamics, the militarization and modernization of… Continue reading Small Arms Market worth $11.1 billion by 2027 – Exclusive Report by MarketsandMarkets™

Transportation Management Systems Global Market to Reach $17.12 Billion by 2026 at a CAGR of 15.8%

DUBLIN, Dec. 9, 2022 /PRNewswire/ — The “Transportation Management Systems Global Market Report 2022: Ukraine-Russia War Impact” report has been added to  ResearchAndMarkets.com’s offering. The global transportation management system market is expected to grow from $8.21 billion in 2021 to $9.51 billion in 2022 at a compound annual growth rate (CAGR) of 15.8%. The transportation… Continue reading Transportation Management Systems Global Market to Reach $17.12 Billion by 2026 at a CAGR of 15.8%

Renault Group CEO Luca de Meo elected ACEA President for 2023

The Board of Directors of the European Automobile Manufacturers’ Association (ACEA) has elected Luca de Meo, CEO of Renault Group as its President for 2023. As of 1 January, Mr de Meo will take over the presidency from BMW’s CEO, Oliver Zipse, who has held the position for the last two years. ACEA’s outgoing President,… Continue reading Renault Group CEO Luca de Meo elected ACEA President for 2023