(Bloomberg) — Autonomous driving startup Pony.ai plans to file publicly for an initial public offering in the US as soon as this week, according to people familiar with the situation. Most Read from Bloomberg The company is looking to raise as much as $300 million from the listing, the people said, asking not to be… Continue reading Self-Driving Startup Pony.ai Said to Plan to Publicly File for US IPO This Week
Tag: Toyota
Toyota to launch first EV with advanced self driving system for China in 2025
Toyota (TM) is planning to launch the first electric car model equipped with an advanced autonomous driving system similar to Tesla’s Full Self-Driving for the Chinese market next year, one of its Chinese joint ventures said. The JV with state-owned Guangzhou Automobile Group (GAC) (601238.SS) aims to restore the Japanese automaker’s market share in China… Continue reading Toyota to launch first EV with advanced self driving system for China in 2025
Electric vehicles: China’s GAC Aion shifts up a gear in Hong Kong with ambitious sales target, new models in pipeline
Chinese state-owned carmaker Guangzhou Automobile Group (GAC) said it plans to intensify its push into Hong Kong’s electric vehicle market by setting itself an ambitious target of 4,000 sales in the city by the end of this year. GAC Aion, the electric vehicle (EV) unit of GAC, the Chinese partner of Toyota and Honda, aims… Continue reading Electric vehicles: China’s GAC Aion shifts up a gear in Hong Kong with ambitious sales target, new models in pipeline
Enbridge Reports Record 2024 Financial Results, Reaffirms 2025 Financial Guidance and Executes on Business Priorities
CALGARY, AB, Feb. 14, 2025 /PRNewswire/ – Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today reported fourth quarter 2024 financial results, reaffirmed its 2025 financial guidance and provided a quarterly business update. Highlights(All financial figures are unaudited and in Canadian dollars unless otherwise noted. * identifies non-GAAP financial measures. Please refer to… Continue reading Enbridge Reports Record 2024 Financial Results, Reaffirms 2025 Financial Guidance and Executes on Business Priorities
Car sales shift to first gear in Jan after demand bump
At Toyota Kirloskar Motor (TKM) too, sales grew 13% to 26,178 units. New Delhi: Sales of passenger cars, vans and utility vehicles grew in low single-digits in January, mainly because of a high base and continued tepid demand in the local market. Market leader Maruti Suzuki posted a 4% rise from a year earlier at… Continue reading Car sales shift to first gear in Jan after demand bump
Toyota develops third-gen fuel cell system for cars and CVs
Toyota Motor Corporation announced today that it has developed a new fuel cell (FC) system, its third-generation fuel cell system (3rd Gen FC System), as part of its continued efforts toward the realization of a hydrogen society. According to Toyota, the 3rd Gen FC System can be installed in a variety of commercial vehicles, passenger… Continue reading Toyota develops third-gen fuel cell system for cars and CVs
Toyota develops third-gen fuel cell system for cars and CVs
Toyota Motor Corporation announced today that it has developed a new fuel cell (FC) system, its third-generation fuel cell system (3rd Gen FC System), as part of its continued efforts toward the realization of a hydrogen society. According to Toyota, the 3rd Gen FC System can be installed in a variety of commercial vehicles, passenger… Continue reading Toyota develops third-gen fuel cell system for cars and CVs
Toyota develops third-gen fuel cell system for cars and CVs
Toyota Motor Corporation announced today that it has developed a new fuel cell (FC) system, its third-generation fuel cell system (3rd Gen FC System), as part of its continued efforts toward the realization of a hydrogen society. According to Toyota, the 3rd Gen FC System can be installed in a variety of commercial vehicles, passenger… Continue reading Toyota develops third-gen fuel cell system for cars and CVs
Mahindra XUV300, 3XO sales cross 335,000 units, up 80% in FY2025
The Mahindra XUV300, reborn in a new avatar in April 2024 as the XUV 3XO, turns seven years old today. Launched on February 14 and Valentine’s Day in 2019, the popular compact SUV has, till end-January 2025, has sold a total of 335,017 units. Thanks to the XUV 3XO, this compact Mahindra SUV’s growth trajectory… Continue reading Mahindra XUV300, 3XO sales cross 335,000 units, up 80% in FY2025
As Trump eyes more tariffs, South Korea remains safe haven for GM and Hyundai
President Donald Trump welcomes South Korea’s President Moon Jae-In at the White House in Washington, U.S., May 22, 2018. Carlos Barria | Reuters DETROIT — As President Donald Trump threatens to further increase tariffs on U.S. trading partners, the greatest impact for the auto industry outside of North America would be additional levies on South… Continue reading As Trump eyes more tariffs, South Korea remains safe haven for GM and Hyundai