SHFAYIM, Israel (Reuters) – Technology that has helped Israel’s military drive tanks, guide and intercept missiles, and keep its computer systems secure is being redeployed in the development of driverless cars. FILE PHOTO: The logo Israeli driverless technology firm Mobileye is seen on the building of their offices in Jerusalem March 13, 2017. REUTERS/Ronen Zvulun/File… Continue reading Israel’s defense expertise drives tech boom for autonomous cars
Tag: Hyundai
Third-generation Tesla Supercharger to double existing UK charger capacity
Tesla will reveal its third generation of the Supercharger later this summer, CEO Elon Musk has revealed. The current Supercharger charges at a capacity of 120kW and the next-gen version is likely to double this, given Musk’s previous comments. While the second-gen Supercharger is currently the UK’s fastest, charge point provider Pod Point announced in February… Continue reading Third-generation Tesla Supercharger to double existing UK charger capacity
WiBLE, the ‘car sharing’ of Kia and Repsol in Madrid, will start operating in June for 0.24 euros per minute
Posted 05/22/2018 2:28:29 PM The company plans to have a network of 15 private car parks (with reserved spaces) inside the M-30 MADRID, May 22 (EUROPA PRESS) – WiBLE, the new car sharing company of Kia and Repsol in Madrid, will start operating next month in and out of the central almond of the capital… Continue reading WiBLE, the ‘car sharing’ of Kia and Repsol in Madrid, will start operating in June for 0.24 euros per minute
(2nd LD) Hyundai withdraws overhaul plan on opposition
(ATTN: CHANGES headline and lead; ADDS details throughout) SEOUL, May 21 (Yonhap) — Hyundai Motor Group on Monday withdrew a key spinoff merger plan in a setback to its corporate restructuring amid stepped-up opposition campaigns by some investors. The decision comes as global hedge fund Elliott and proxy advisers such as Institutional Shareholder Services (ISS)… Continue reading (2nd LD) Hyundai withdraws overhaul plan on opposition
Number of part-time electricity grows: the plug-in hybrids of luxury car manufacturers
All articles and backgrounds 05/21/2018 Number of part-time electricity grows The plug-in hybrids of luxury car manufacturers Bentley / dpa tmn The car industry has long put pressure on diesel under the pressure of falling CO2 limits. But after the diesel dilemma, she seeks her salvation visibly in the plug-in hybrids. The supply of part-time… Continue reading Number of part-time electricity grows: the plug-in hybrids of luxury car manufacturers
Hyundai cancels corporate overhaul plan
SEOUL, May 21 (Yonhap) — Hyundai Motor Group on Monday canceled the corporate restructuring plan the company announced in March, following stepped-up campaigns of opposition by some investors. Under the corporate overhaul plan, the group’s auto parts supplier, Hyundai Mobis Co., was slated to spin off its domestic module and after-sales parts businesses and merge… Continue reading Hyundai cancels corporate overhaul plan
Genesis boss: UK will be ‘main target’ in 2020 European launch
The UK will be the main target of Genesis when the marque is launched in Europe in 2020, according to brand boss Manfred Fitzgerald. Hyundai’s luxury arm launched as a brand in its own right in 2016, focusing on US and Asian markets but with the expectation that it would eventually arrive in Europe. However,… Continue reading Genesis boss: UK will be ‘main target’ in 2020 European launch
New car tech to create 320,000 UK jobs by 2030
Cutting-edge technology will create an additional 320,000 jobs in the UK’s automotive industry by 2030, despite fears increasing automation could reduce the nation’s workforce. Institute of the Motor Industry (IMI) chief executive Steve Nash said at the London motor show that rapidly growing demand for newly created jobs such as analytic engineers, 3D printing technicians… Continue reading New car tech to create 320,000 UK jobs by 2030
(LEAD) Hyundai Motor CEO defends group’s overhaul plan amid growing opposition
(ATTN: ADDS Truston Asset Management’s view in paras 12-13) SEOUL, May 17 (Yonhap) — Hyundai Motor Co. President and Chief Executive Lee Won-hee on Thursday came forward to defend the parent conglomerate’s governance overhaul plan amid an escalating campaign of opposition by foreign investors. “We strongly urge our shareholders to give full their support to… Continue reading (LEAD) Hyundai Motor CEO defends group’s overhaul plan amid growing opposition
Hyundai Motor CEO defends group’s overhaul plan amid growing opposition
SEOUL, May 17 (Yonhap) — Hyundai Motor Co. President and Chief Executive Lee Won-hee on Thursday came forward to defend the parent conglomerate’s governance overhaul plan amid an escalating campaign of opposition by foreign investors. “We strongly urge our shareholders to give full their support to Hyundai Motor Group’s corporate restructuring plan as it is… Continue reading Hyundai Motor CEO defends group’s overhaul plan amid growing opposition