Tata Motors Ltd has indefinitely deferred a planned fundraise of up to $1.5 billion in foreign currency loans after failing to garner sufficient interest from potential lenders, two people directly aware of the development said, requesting anonymity. The funds were to be raised by a Singapore-based entity of Tata Motors to refinance existing loans of Tata Motors… Continue reading Tata Motors defers planned fundraise of up to $1.5b
Tag: People
Self-driving cars will only last four years, Ford says – The Telegraph
Self-driving cars will only last four years because they will be used so much, a Ford executive has predicted. John Rich, operations chief of Ford Autonomous Vehicles, dismissed concerns that demand for cars would wane in the future. “The thing that worries me least in this world is decreasing demand for cars. We will exhaust… Continue reading Self-driving cars will only last four years, Ford says – The Telegraph
Low-Cost LiDAR Startup Oryx Vision Shuts Down – CTech
Israel-based low-cost LiDAR startup Oryx Vision Ltd. has shut down as of Thursday, Oryx’s CEO Ran Wellingstein said in a Friday interview with Calcalist. Oryx was a direct competitor of Israel-based LiDAR startup Innoviz Technologies Ltd., which announced the completion of a $170 million series C funding round in June. Founded in 2009, Oryx… Continue reading Low-Cost LiDAR Startup Oryx Vision Shuts Down – CTech
Tesla scouting sites for possible factory in Germany’s NRW: Rheinische Post
FILE PHOTO: A Tesla car is seen in Santa Monica, California, United States, October 23, 2018. REUTERS/Lucy Nicholson/File Photo FRANKFURT (Reuters) – Electric carmaker Tesla (TSLA.O) is scouting out locations for a possible factory in the German state of North Rhine-Westphalia (NRW), Germany’s most populous state, daily Rheinische Post reported on Sunday, citing people familiar… Continue reading Tesla scouting sites for possible factory in Germany’s NRW: Rheinische Post
Drone vs ambulance
Rescue on the streets of Iraq: What’s faster? A drone or ambulance? In Iraq, they tested what can be done faster first aid. Drone or ambulance? Researchers from Iraq and Australia wanted to know what could be faster on the job: drone or ambulance. This was a test in the Iraq in which an elderly… Continue reading Drone vs ambulance
EnBW Plans To Order 14,000 Electric Cars
Up to 14,000 electric cars might be ordered, starting from Spring 2020. According to an article in German Handelsblatt, the EnBW (Energie Baden-Württemberg AG) electric utility company in gearing up for a serious EV tender. The plan is to order some 14,000 all-electric cars for employees, starting from May 2020. There are no details about… Continue reading EnBW Plans To Order 14,000 Electric Cars
E-Rally Cup: Opel introduces electric rally car
Opel wants to strengthen the popularity of his upcoming electric car by a rally brand cup and has now introduced the appropriate vehicle based on the Corsa-e. August 23, 2019, 10:22 am, Andreas Donath Rally version of the Corsa-e (Image: Opel) The Rally version of the Corsa-e differs visually by numerous attachments and safety devices… Continue reading E-Rally Cup: Opel introduces electric rally car
Carver: Electric cabin scooter as a tricycle with tilting technology
Under the name Carver is a cabin scooter with E-drive arise. The Dutch company had already failed around the turn of the millennium with the same vehicle concept, but then put on a combustor. August 23, 2019, 8:45 am, Andreas Donath Carver (Image: Carver) The new Carver is a cabin scooter with two seats arranged… Continue reading Carver: Electric cabin scooter as a tricycle with tilting technology
Insurance: Drivers of expensive electric cars often involved in accidents
The French insurance company Axa has found that high quality electric cars Compared to combustion vehicles significantly more involved in accidents. The problem lies with the drivers. August 23, 2019, 8:17 am, Andreas Donath Accidental Tesla (icon) (Image: NTSB) The high torque and the strong acceleration of many expensive electric cars indirectly provide insurers with… Continue reading Insurance: Drivers of expensive electric cars often involved in accidents
Evergrande Health to invest 6 billion yuan in electric vehicle project
Evergrande Health said on Friday it will unveil a next-generation electric vehicle at the Geneva International Motor Show in March, and will invest 6 billion yuan in the second half this year, shrugging aside a loss of 1.98 billion yuan for the six months to June 30.