Faraday Future, the Los Angeles based electric car company run by China’s Jia Yueting, who also founded LeEco, has filed a lawsuit against Evelozcity, a start-up founded by its former chief financial officer Stefan Krause, for allegedly stealing trade secrets. Faraday Future also accused Krause and former CTO Ulrich Kranz of luring away at least 20… Continue reading Faraday Future Claims Ex-CFO Stole Trade Secrets From Electric Car Company
Tag: People
Nuro Raises $92 Million for Adorable Autonomous Delivery Vehicles
Somewhere between a delivery truck and a sidewalk robot, Nuro’s robotic vehicles want to deliver your groceries Photo: Nuro It seems like we’ve gotten to the point with self-driving vehicles where it’s no longer enough to “just” be developing a car that could at some point be used as an autonomous rideshare vehicle. That space… Continue reading Nuro Raises $92 Million for Adorable Autonomous Delivery Vehicles
Electric Vehicle Manufacturer XPENG Motors kicks off RMB 2.2 Billion of Series B Capital Funding with Alibaba, Foxconn and IDG Capital, as Joint-Major Investors
HONG KONG, Jan. 29, 2018 /PRNewswire/ — XPENG Motors on Monday announced at a Hong Kong press conference the kick-off of its Series B capital funding of RMB 2.2 billion, with Alibaba Group, Foxconn and IDG Capital as three major investors. That will bring the total raised by XPENG Motors in capital market to over… Continue reading Electric Vehicle Manufacturer XPENG Motors kicks off RMB 2.2 Billion of Series B Capital Funding with Alibaba, Foxconn and IDG Capital, as Joint-Major Investors
FCA US LLC Set to Deliver Thousands of Chrysler Pacifica Hybrid Minivans to Waymo’s Self-driving Service
AUBURN HILLS, Mich., Jan. 30, 2018 /PRNewswire/ — Expanded delivery of vehicles signifies commitment to support the launch of the world’s first driverless ride-hailing service Vehicle delivery begins in late 2018 with Pacifica Hybrid minivans to be deployed across multiple U.S. cities FCA US LLC announced today an agreement to supply thousands of Chrysler Pacifica… Continue reading FCA US LLC Set to Deliver Thousands of Chrysler Pacifica Hybrid Minivans to Waymo’s Self-driving Service
Maruti to start manufacturing budget electric vehicle on its own – Times of India
NEW DELHI: India’s largest carmaker Maruti Suzuki will start making its first affordable electric vehicle (EV) by 2020 based on technology from parent Suzuki Motor, ahead of products developed in partnership with Toyota.The company and its parent are focusing on in-house capabilities but are also looking for partners to put in place the ecosystem for… Continue reading Maruti to start manufacturing budget electric vehicle on its own – Times of India
Gérard Détourbet Is Renault’s Master of Cutting Corners
Six years ago, after more than four decades with Renault SA, Gérard Détourbet decided he was done. He was in Chennai, leading a group of engineers from Renault and its strategic partner, Nissan Motor Co., in an attempt to create a low-cost vehicle for the Indian market, when some of his employees left his team… Continue reading Gérard Détourbet Is Renault’s Master of Cutting Corners
Ford China CEO shocks investors with resignation; company officials focus on future
CLOSE We sit down with Jim Hackett, Ford Motor Company’s new CEO, to talk about his new position and the company’s future. Kimberly P. Mitchell/Detroit Free Press Ford China CEO and chairman Jason Luo, who began his job just a few months ago, has resigned. (Photo: Key Safety Systems) Ford China CEO and chairman Jason… Continue reading Ford China CEO shocks investors with resignation; company officials focus on future
Who Is Responsible When a Self-Driving Car Has an Accident?
In Brief Two recently reported crashes involving cars with autonomous driving systems have re-raised a key question. Who is at fault — the driver or the car? Collision Ethics Two separate incidents in California involving self-driving vehicles have recently gotten attention. One accident involved a Tesla Model S, the other, a Chevrolet Bolt that was using General… Continue reading Who Is Responsible When a Self-Driving Car Has an Accident?
Opel’s pre-agreement provides for wage freeze in 2018 and increases of 50% and 60% of the CPI for the following years
Updated 01/29/2018 23:21:05 CET ZARAGOZA, 29 Jan. (EUROPA PRESS) – The pre-agreement signed on Monday by the management of Opel Spain and three of the five unions that make up the works council –UGT, CC.OO. and Acumagme– foresees salary freeze for 2018. Then, increases of 50 percent of the real CPI for 2019 and 2020… Continue reading Opel’s pre-agreement provides for wage freeze in 2018 and increases of 50% and 60% of the CPI for the following years
Your Chariot awaits: shuttle bus service gets green light in London
Transport Your Chariot awaits: shuttle bus service gets green light in London Commuters will be able to pre-book seats on an app, with four routes being approved by TfL A Ford Chariot shuttle bus van in San Francisco. Photograph: Tommy Lau/AP An experimental shuttle bus service operated by Ford has been approved by London’s transport… Continue reading Your Chariot awaits: shuttle bus service gets green light in London