Renault Nissan Alliance to invest Rs 5,300 crore in India, plans six new models including 2 EVs

Renault Nissan Alliance to invest Rs 5,300 crore in India, plans six new models including 2 EVs In a bid to make a comeback in the mainstream Indian market, the Renault Nissan Alliance has committed a fresh investment of Rs 5,300 crore in the Indian market which will see it introduce six models including two… Continue reading Renault Nissan Alliance to invest Rs 5,300 crore in India, plans six new models including 2 EVs

Geely’s EV brand Zeekr raises $750 million in fresh funding round

Supporters of the funding round also include Chinese battery maker CATL, already among Zeekr’s backers. Zeekr, the electric car brand of China’s Geely Automobile Holdings, is raising $750 million from five new and existing investors in a funding round that values the brand at $13 billion. Zeekr, which sells two purely electric car models, said… Continue reading Geely’s EV brand Zeekr raises $750 million in fresh funding round

@Nissan: 2023/02/13 Renault and Nissan renew commitment to Indian operations through new investment and vehicl…000973

2023/02/13 $600m USD/₹5300 crores INR investment supporting six new models to be made in India, including two electric vehicles Additional R&D activities to create up to 2,000 new jobs Chennai factory to become a carbon-neutral vehicle plant CHENNAI, YOKOHAMA, BOULOGNE-BILLANCOURT – Renault and Nissan have announced a new long-term vision for India, increasing production and… Continue reading @Nissan: 2023/02/13 Renault and Nissan renew commitment to Indian operations through new investment and vehicl…000973

Almost Three Quarters of Americans Distrust Artificial Intelligence

Who among us can say they’re not worried? Concerned Citizens Shocker: people aren’t quite sure that they trust artificial intelligence to operate in their best interests, per a new poll. In a press release, the think tank MITRE released the results of a new poll, conducted in tandem with the marketing research firm Harris, that… Continue reading Almost Three Quarters of Americans Distrust Artificial Intelligence

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SHANGHAI, Feb 13 (Reuters) – Zeekr, the electric car brand of China’s Geely Automobile Holdings (0175.HK), is raising $750 million from five new and existing investors in a funding round that values the brand at $13 billion. Zeekr, which sells two purely electric car models, said in a statement on Monday that proceeds from the… Continue reading Untitled

@GM: GlobalFoundries and GM Announce Long-Term Direct Supply Agreement for U.S. Production of Semiconductor Chips

GlobalFoundries and GM Announce Long-Term Direct Supply Agreement for U.S. Production of Semiconductor Chips 2023-02-09 MALTA, NEW YORK AND DETROIT — General Motors Co. (NYSE: GM) and GlobalFoundries (NASDAQ: GFS) (GF) today announced a strategic, long-term agreement establishing a dedicated capacity corridor exclusively for GM’s chip supply.  Through this first-of-its-kind agreement, GF will manufacture for… Continue reading @GM: GlobalFoundries and GM Announce Long-Term Direct Supply Agreement for U.S. Production of Semiconductor Chips

Tesla Full Self-Driving Beta smear campaign is getting turned into a Super Bowl ad

A Tesla Full Self-Driving Beta smear campaign is reaching a whole new level as it is going to have a Super Bowl ad, according to the people behind the campaign. Last year, we reported on Dan O’Dowd, a self-described billionaire and founder of Green Hills Software, a privately-owned company that makes operating systems and programming tools. O’Dowd had… Continue reading Tesla Full Self-Driving Beta smear campaign is getting turned into a Super Bowl ad

Ram accepting $100 reservations for electric 1500 REV pickup truck

Ram Trucks now is allowing buyers interested in its forthcoming all-electric 1500 REV pickup to reserve their spot in line to preorder the vehicle, which will be available in the fourth quarter of next year, according to a new website. The Stellantis NV brand sent a promotional email on Friday announcing “up to 48-hour early… Continue reading Ram accepting $100 reservations for electric 1500 REV pickup truck

BPCL launches EV Fast Charging Highway Corridor on Delhi

The fast chargers can be self-operated without any manual assistance though support staff will be at hand when needed. New Delhi : Bharat Petroleum Corporation Limited (BPCL), a ‘Maharatna’ and a Fortune Global 500 Company, today announced the launch of Electric Vehicle Fast Charging Corridor on the Delhi – Jalandhar National Highway with fast charging… Continue reading BPCL launches EV Fast Charging Highway Corridor on Delhi

AEye Lidar for Trucking

Trucks are a critical component of the global supply chain. But with substantial driver shortages, an ever-increasing demand for products within an uncertain supply chain, and a heightened focus on safety, transport professionals are now, more than ever, looking to automate hub-to-hub truck routes for faster, safer, and more reliable deliveries. Conventional sensors alone, such… Continue reading AEye Lidar for Trucking