Tag: Autonomous

@GM: GM Secures All Energy Needed to Achieve Renewable Energy Goal 25 Years Ahead of Initial Target

GM Secures All Energy Needed to Achieve Renewable Energy Goal 25 Years Ahead of Initial Target 2022-10-26 Based on current projections, GM has reached its goal of securing enough renewable energy to power all of its U.S. sites by 2025 As one of the earliest adopters of renewable energy among corporate purchasers, GM has already… Continue reading @GM: GM Secures All Energy Needed to Achieve Renewable Energy Goal 25 Years Ahead of Initial Target

TuSimple CEO and co-founder fired by board over ties to Chinese startup Hydron

TuSimple co-founder Xiaodi Hou was fired from his CEO, president and CTO posts by the autonomous trucking company’s board, according to a securities filing Monday. Hou, who co-founded TuSimple in 2015 with Mo Chen, was also removed from his position as chairman of the board and member of the board’s government security committee. The firing came… Continue reading TuSimple CEO and co-founder fired by board over ties to Chinese startup Hydron

Self-driving truck startup TuSimple fires its CEO over improper ties to a Chinese firm

TuSimple, partly owned by UPS, makes self-driving trucks, a technology that may be among the innovations to help lower longer-run inflation in the transport sector. Source: TuSimple Self-driving truck startup TuSimple has fired its CEO, Xiaodi Hou, after an internal investigation found improper dealings and possible tech transfer to a Chinese firm led by TuSimple’s… Continue reading Self-driving truck startup TuSimple fires its CEO over improper ties to a Chinese firm

Think Fast: Lotus Eletre Tops Charts in Driving and AI Compute Speeds, Powered by NVIDIA DRIVE Orin

One of the biggest names in racing is going even bigger. Performance automaker Lotus launched its first SUV, the Eletre, earlier this week. The fully electric vehicle sacrifices little in terms of speed and outperforms when it comes to technology. It features an immersive digital cockpit, lengthy battery range of up to 370 miles and… Continue reading Think Fast: Lotus Eletre Tops Charts in Driving and AI Compute Speeds, Powered by NVIDIA DRIVE Orin

TuSimple Announces Third Quarter 2022 Results

Announced senior leadership changes Continued focus on safety, announcing 3rd party audits Expanded AFN in Texas with two new terminals  Powered Europe’s first fully autonomous transport of commercial goods Continued upgrading the hardware of our trucks to improve reliability Expanded Tucson operations, enabling us to increase our truck upgrade capacity as well as design and… Continue reading TuSimple Announces Third Quarter 2022 Results

@Groupe PSA: PR GAC-FCA Joint Venture to File for Bankruptcy004635

AMSTERDAM – The shareholders of the GAC-FCA Joint Venture, Guangzhou Automobile Group Co., Ltd. and Stellantis N.V., have approved a resolution authorizing the Joint Venture to file for bankruptcy, in a loss-making context. Stellantis fully impaired the value of its investment in the GAC-FCA JV and other related assets in its first half 2022 financial… Continue reading @Groupe PSA: PR GAC-FCA Joint Venture to File for Bankruptcy004635

John Deere Enters Partnership with Advantage Capital to Increase Investment in Supporting Underrepresented Entrepreneurs and Business Owners

MOLINE, Ill., Oct. 31, 2022 /PRNewswire/ — Deere & Company (NYSE: DE) today announced it will be entering a partnership as a limited investor in Advantage Capital’s Empower the Change (EPC) growth fund, which provides entrepreneurs of color access to capital in order to grow their businesses and create community wealth. Deere’s commitment to the… Continue reading John Deere Enters Partnership with Advantage Capital to Increase Investment in Supporting Underrepresented Entrepreneurs and Business Owners

New BeyonCa Optus 1 is luxury electric GT for 2024

Newly formed Chinese electric car company BeyonCa has unveiled its first model – a luxury GT called the Optus 1. Set to enter production in 2024, the new saloon has been conceived to rival upmarket electric offerings like the Porsche Taycan at a price BeyonCa CEO Su Weiming suggests will start at around RMB1 million (£118,000) in China.… Continue reading New BeyonCa Optus 1 is luxury electric GT for 2024

@Nio: NIO Inc. to Report Third Quarter 2022 Financial Results on Thursday, November 10, 2022000457

SHANGHAI, China, Oct. 31, 2022 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it will report its third quarter 2022 unaudited financial results on Thursday, November 10, 2022, before the open of… Continue reading @Nio: NIO Inc. to Report Third Quarter 2022 Financial Results on Thursday, November 10, 2022000457