When we wrote about Karma Automotive announcing the battery-electric Revero GTE last week, we called this months’ trio of announcements “This month’s Karma Automotive extravaganza.” It’s possible there’s more to this momentum than the excitement of expanding the EV landscape. Jalopnik recently ran what’s practically a whistleblower piece, based on information from “a confirmed source,… Continue reading Karma Automotive whistleblower paints a grim picture – Autoblog
Tag: Possible_Terrorism_Warfare
Ford CEO Jim Hackett’s ability to navigate COVID-19 storm rooted in Bo’s team-first belief – The Detroit News
Long before Jim Hackett became CEO and president of Ford Motor Company, his leadership ability had started taking shape during his football career at Michigan. While there in the late 1970s, he learned from his coach, Bo Schembechler, and “The Team, The Team, The Team,” went beyond a rallying cry and became deeply embedded in his soul.… Continue reading Ford CEO Jim Hackett’s ability to navigate COVID-19 storm rooted in Bo’s team-first belief – The Detroit News
Great Wall swings to first-quarter net loss due to virus after 13.6% profit drop in 2019
FILE PHOTO: A Haval H6 Coupe from Great Wall Motors is displayed at Shanghai Auto Show during its media day, in Shanghai, China April 19, 2017. REUTERS/Aly Song BEIJING (Reuters) – China’s Great Wall Motor Co Ltd (601633.SS), (2333.HK) said on Friday it had swung to net loss in the first quarter this year after… Continue reading Great Wall swings to first-quarter net loss due to virus after 13.6% profit drop in 2019
Nuvocargo, a trucking managed marketplace, raises $5.3M in seed funding
U.S. companies rely on Mexican manufacturers for goods ranging from automotive and aerospace parts, to avocados and other produce, to electronics and furniture. But the trucking system that transports these things across the border relies on an inefficient mix of paper, phone calls, faxes and too many stakeholders who drive up costs. These snarls congesting… Continue reading Nuvocargo, a trucking managed marketplace, raises $5.3M in seed funding
Elon Musk: The Cybertruck Will “Float For a While”
We All Float Down Here According to a new tweet by Tesla CEO Elon Musk, the electric automaker’s upcoming Cybertruck will be able to float — at least for short periods of time. “Yes. It will even float for a while,” Musk responded on Twitter about the vehicle’s wading depth. As Electrek reports, Musk bragged… Continue reading Elon Musk: The Cybertruck Will “Float For a While”
Ola opens its tech platform to Indian government to combat coronavirus crisis
As India scrambles to keep its citizens safe from the coronavirus, local ride-hailing giant Ola has stepped up to help. The Indian firm has made its technology platform — which is capable of, among other things, conducting real-time tracking and navigation and managing crowds — available to the federal and state governments at no cost.… Continue reading Ola opens its tech platform to Indian government to combat coronavirus crisis
Lime is buying up the remnants of electric skateboard company Boosted
Scooter sharing company Lime is scooping up the assets of defunct electric skateboard startup Boosted, The Verge has learned. At least five of Boosted’s core patents were assigned to Lime’s holding company on April 15th in the government’s database, and two former employees say Lime has been working on acquiring Boosted’s intellectual property dating back… Continue reading Lime is buying up the remnants of electric skateboard company Boosted
@GM: First General Motors-Ventec Critical Care V+Pro Ventilators Ready for Delivery KOKOMO, Ind. , April 14, 2020 /PRNewswire/ — General Motors Co. (NY…
KOKOMO, Ind., April 14, 2020 /PRNewswire/ — General Motors Co. (NYSE: GM) today began mass production of the Ventec Life Systems V+Pro critical care ventilator under contract to the U.S. Department of Health and Human Services. “Thousands of men and women at GM, Ventec, our suppliers and the Kokomo community have rallied to support their… Continue reading @GM: First General Motors-Ventec Critical Care V+Pro Ventilators Ready for Delivery KOKOMO, Ind. , April 14, 2020 /PRNewswire/ — General Motors Co. (NY…
Schaeffler AG platziert EUR 350 Mio. grünes Schuldscheindarlehen
2020-04-09 | Herzogenaurach Debüt-Schuldschein im Gesamtvolumen von rund 350 Millionen Euro in schwierigem Marktumfeld platziert Schuldschein umfasst grüne Tranchen zur Refinanzierung eines Portfolios von nachhaltigen Projekten Der weltweit tätige Automobil- und Industriezulieferer Schaeffler hat erstmals ein Schuldscheindarlehen platziert und damit im aktuell schwierigen Marktumfeld insgesamt ein Volumen von rund 350 Millionen Euro aufnehmen können. Aus… Continue reading Schaeffler AG platziert EUR 350 Mio. grünes Schuldscheindarlehen
VW Considers Options for Record $3.6 Billion Dividend
Volkswagen AG is considering whether to pay out a record 3.3 billion-euro ($3.6 billion) dividend as planned, or use at least part of it to shore up its finances for what is shaping up to be the biggest economic crisis since World War II.