Clermont Group Welcomes Robbie Bourke as Head of Aerospace

Aviation industry veteran Robbie Bourke joins Clermont Group as Head of Aerospace Bourke will oversee Clermont’s mission to lead the sustainable aviation revolution, which includes the pioneer in electric propulsion, magniX, and Eviation, the maker of the Alice all-electric commuter aircraft Bourke has more than 20 years of industry experience, including senior roles at Oliver… Continue reading Clermont Group Welcomes Robbie Bourke as Head of Aerospace

NWTN Announces Agreement to Acquire Strategic Stake in Evergrande New Energy Auto

DUBAI, UAE, Aug. 14, 2023 /PRNewswire/ — NWTN Inc. (Nasdaq: NWTN), an eco-conscious mobility technology company bringing passenger-centric green premium mobility solutions to the world (“NWTN” or the “Company”), today announced that the Company has reached an agreement to make a strategic investment of US$500 million in China Evergrande New Energy Vehicle Group Ltd. (HKSE:0708), a Chinese… Continue reading NWTN Announces Agreement to Acquire Strategic Stake in Evergrande New Energy Auto

@Groupe PSA: PR Stellantis Invests in CTR to Strengthen Low Emissions U.S. Lithium Production006169

Stellantis invests over $100 million to advance the development of geothermal lithium project in California and encourage decarbonization of battery electric vehicle supply chains New agreement includes a supply increase from the initial plan of 25,000 metric tons to up to 65,000 metric tons per year of battery-grade lithium hydroxide monohydrate CTR’s integrated production process… Continue reading @Groupe PSA: PR Stellantis Invests in CTR to Strengthen Low Emissions U.S. Lithium Production006169

@Geely: Thu 17 Aug 2023 Jenson Button to debut his Lotus Evija hypercar at ‘The Quail, A Motorsports Gathering’ 1 | 5 | 0 F1 World Champion Je…

F1 World Champion Jenson Button to show his pure electric Lotus Evija hypercar at ‘The Quail, A Motorsports Gathering’ on Friday 18 August Striking design and unique colour scheme pay tribute to racer’s 2009 Championship-winning Brawn GP car Lotus Evija power output is 2,039 PS – more than originally announced, confirming it as the most… Continue reading @Geely: Thu 17 Aug 2023 Jenson Button to debut his Lotus Evija hypercar at ‘The Quail, A Motorsports Gathering’ 1 | 5 | 0 F1 World Champion Je…

A Letter Prompted Talk of AI Doomsday. Many Who Signed Weren’t Actually AI Doomers

This March, nearly 35,000 AI researchers, technologists, entrepreneurs, and concerned citizens signed an open letter from the nonprofit Future of Life Institute that called for a “pause” on AI development, due to the risks to humanity revealed in the capabilities of programs such as ChatGPT. “Contemporary AI systems are now becoming human-competitive at general tasks,… Continue reading A Letter Prompted Talk of AI Doomsday. Many Who Signed Weren’t Actually AI Doomers

How to choose the best pizza oven in 2023

What you need to look for when shopping for one, plus a few recommendations. Small outdoor pizza ovens have become popular backyard cooking options in recent years. While anyone with a decent-sized patio could have a permanent one installed, these versatile products are more compact and store easily in a bag when you’re not using… Continue reading How to choose the best pizza oven in 2023

Assembly Ventures Announces Inaugural $76 Million Mobility Fund Focused on the Physical and Digital Movement of People, Goods, Data and Energy

Assembly Ventures has built the first transatlantic venture capital platform to invest in cutting-edge technologies in the mobility sector. Founded by trailblazers in the mobility sector with strong operational and investment credentials, this brings total assets under management on the platform to $94 million after closing. Substantial investment potential seen in mobility technologies is driven… Continue reading Assembly Ventures Announces Inaugural $76 Million Mobility Fund Focused on the Physical and Digital Movement of People, Goods, Data and Energy

Hyundai Motor India Signs ‘Asset Purchase Agreement’ for Acquisition of Identified Assets at GM India Talegaon Plant

The Asset Purchase Agreement covers assignment of land and buildings and acquisition of identified assets at General Motors India’s Talegaon Plant Manufacturing operations at the plant are planned to commence in 2025, augmenting Hyundai Motor India’s manufacturing footprint As part of Hyundai’s resolute commitment to the Indian automotive industry, with the Sriperumbudur (Chennai) and Talegaon… Continue reading Hyundai Motor India Signs ‘Asset Purchase Agreement’ for Acquisition of Identified Assets at GM India Talegaon Plant

U-Save Opens First Middle East Master Franchise

(L to R): Alex Brown, Booking.com; Richard Lowden, U-Save International; and Lawrence Alamad, U-Save and Green Motion Jordan. Photo: U-Save U-Save is launching its first Master Franchise in the Middle East in Amman, Jordan, the company said Aug. 15. The new franchise was acquired by car rental entrepreneurs, Maher and Lawrence Alamad, a father-son team… Continue reading U-Save Opens First Middle East Master Franchise