Global brands like BMW, Apple, Sony have been accused of getting supplies from factories using the forced labour. Sydney: China is transferring tens of thousands of Uighur detainees out of internment camps and into factories that supply some of the world’s leading brands, an Australian think tank said Monday. Top global brands such as Apple,… Continue reading BMW among companies accused of using forced Chinese labour
Tag: Strategy
Tata Motors to exit car retail business Concorde Motors
Tata Motors Ltd (TML) is gradually exiting its passenger car retail business–Concorde Motors India Ltd–as part of its strategy to pare costs by moving out of non-core assets and businesses to navigate through the economic downturn in the country. Concorde Motors, which has been a 100% subsidiary of Tata Motors since 3 July, 1999, reported… Continue reading Tata Motors to exit car retail business Concorde Motors
VW is reportedly struggling with the ID.3’s software
Sponsored Links Roberto Baldwin/Engadget Volkswagen’s ID.3 rollout might have hit a snag. Germany’s Manager Magazin sources claim the EV’s underlying software has been rushed and rife with bugs, including dropouts and other issues. Test drivers are supposedly finding up to 300 errors per day. The magazine even claims that the software problems are dire enough… Continue reading VW is reportedly struggling with the ID.3’s software
Deutsche Post to cease StreetScooter production – www.electrive.com
Deutsche Post has announced that they will cease the manufacturing capacity of their StreetScooter before the end of this year. It seems that Post CEO Frank Appel has given up on finding a buyer for its subsidiary in the face StreetScooter’s continuing losses and the parent company’s recent profit losses through the coronavirus. A spokesperson… Continue reading Deutsche Post to cease StreetScooter production – www.electrive.com
BorgWarner’s Christopher J Lanker: ‘Turbocharging is set to go on playing a crucial role in modern gasoline engines’
The vice-president and general manager, emissions, thermal and turbo systems, Asia Pacific, BorgWarner on engine downsizing as a continuing trend, supplying newly developed components for a new 1.5-litre BS VI engine for a leading carmaker in India, its extensive aftermarket portfolio for combustion, hybrid and EVs and more. A fair amount of your exhibits at… Continue reading BorgWarner’s Christopher J Lanker: ‘Turbocharging is set to go on playing a crucial role in modern gasoline engines’
Bajaj Auto to address EV user range anxiety with home charging infra
The new Chetak is powered by a 3.8kW/4.1kW electric motor. At 95km per charge, it has longer riding range than most other e-scooter rivals. Apprehension about travel range is one of the biggest reasons why Indian customers are not emptying their wallets on electric vehicles (EVs). Now Pune-headquartered Bajaj Auto, which recently launched its maiden… Continue reading Bajaj Auto to address EV user range anxiety with home charging infra
Google and Toyota invest in WhereIsMyTransport to improve transport in developing countries
London-based WhereIsMyTransport, a startup improving mass public transport in emerging markets, has announced a €6.8 million Series A round participated in by returning investors Global Innovation Fund and Goodwell Investments, plus new strategic investment from Google, Nedbank, Liil Ventures, and Toyota Tsusho Corporation (TTC).
WhereIsMyTransport, founded in 2015, is a big data platform for sustainable mobility in emerging markets, empowering people everywhere to get where they want to go. It is mapping the emerging world’s public transport networks, to become the de facto source of information for governments and service providers to improve transport services for hundreds of millions of people worldwide.
Mobility is a fundamental driver of social, political, and economic growth. In the majority world, it remains a critical stumbling block for billions of people living without reliable access to formal public transport services. They depend instead on vast, informally-run transpo..
Zoox scouts for funding ahead of self-driving taxi debut – Axios
Zoox is in “advanced discussions with several strategic partners and corporate investors” for its next round of funding, CEO Aicha Evans tells Axios. Why it matters: The self-driving car developer has been especially quiet for the past year or so, and venture capital sources say the company has struggled to raise capital to fund its… Continue reading Zoox scouts for funding ahead of self-driving taxi debut – Axios
Facebook Messenger ditches Discover, demotes chat bots
Chat bots were central to Facebook Messenger’s strategy three years ago. Now they’re being hidden from view in the app along with games and businesses. Facebook Messenger is now removing the Discover tab as it focuses on speed and simplicity instead of broad utility like China’s WeChat. The changes are part of a larger Messenger… Continue reading Facebook Messenger ditches Discover, demotes chat bots
@Toyota: Inchcape Fleet Solutions to be rebranded as Kinto following its acquisition by Toyota Fleet Mobility
Following the acquisition of Inchcape Fleet Solutions (IFS) by Toyota Fleet Mobility (TFM), the business is to be rebranded as Kinto, the new mobility brand launched by Toyota earlier this year. TFM completed its acquisition of IFS in December 2019, continuing its expansion in Europe and entering the UK’s fleet management and full service leasing… Continue reading @Toyota: Inchcape Fleet Solutions to be rebranded as Kinto following its acquisition by Toyota Fleet Mobility