OpenAI, maker of ChatGPT and one of the most prominent artificial intelligence companies in the world, said today that it has entered a partnership with Anduril, a defense startup that makes missiles, drones, and software for the United States military. It marks the latest in a series of similar announcements made recently by major tech… Continue reading OpenAI Is Working With Anduril to Supply the US Military With AI
Tag: GM
G.M.’s Ailing China Business Will Deal It a $5 Billion Blow
General Motors and other foreign automakers are selling fewer cars and losing lots of money in China, where domestic electric and hybrid cars have taken off. Go to Source
GM and EVgo double their DC fast chargers to 2,000 in 16 months
Photo: EVgo GM and EVgo have now reached the milestone of installing more than 2,000 co-branded public DC fast chargers in the US. The latest addition is a new fast charging station in Murrieta, California, off Interstate 215 in Riverside County. The station features five 350 kW fast chargers that can serve up to 10… Continue reading GM and EVgo double their DC fast chargers to 2,000 in 16 months
GM braces for a $5 billion hit as it fights to keep up in China’s intensifying EV price war
As it struggles to keep up with low-cost rivals like BYD, GM expects to suffer a $5 billion blow to its business in China. The multi-billion hit comes as GM rapidly loses market share in the world’s largest EV market. GM sees $5 billion impact from restructuring in China GM’s Chinese joint venture, SAIC-GM (SGM),… Continue reading GM braces for a $5 billion hit as it fights to keep up in China’s intensifying EV price war
How Jaguar plans to save itself
British carmaker Jaguar is undaunted by the criticism its recent rebranding campaign generated. A video launching the overhaul went viral online as commenters critiqued the company’s design choices, called the company “woke,” and questioned why the ad did not feature a car. But experts say the company’s real challenge is executing its plan to save… Continue reading How Jaguar plans to save itself
GM expects more than $5 billion impact from China restructuring, including plant closures
watch now DETROIT – General Motors expects a restructuring of its joint venture operations with SAIC Motor Corp. in China to cost more than $5 billion in noncash charges and write-downs, the Detroit automaker disclosed in a federal filing Wednesday morning. GM said it expects to write down the value of its joint-venture operations in… Continue reading GM expects more than $5 billion impact from China restructuring, including plant closures
German FAZ: “We build cars as required by the rules”008311
Jean-Philippe Imparato only has one priority for the coming months: “We are building cars as required by the rules.” The European head of Stellantis made this clear a few days before extensive personnel changes at the top of the car manufacturer. While CEO Carlos Tavares had to leave on Sunday, Frenchman Imparato was confirmed in… Continue reading German FAZ: “We build cars as required by the rules”008311
German FAZ: “We build cars as required by the rules”008313
Jean-Philippe Imparato only has one priority for the coming months: “We are building cars as required by the rules.” The European head of Stellantis made this clear a few days before extensive personnel changes at the top of the car manufacturer. While CEO Carlos Tavares had to leave on Sunday, Frenchman Imparato was confirmed in… Continue reading German FAZ: “We build cars as required by the rules”008313
German Manager Magazine: Dieselgate: Public prosecutor charges ex-Conti manager KT-Neumann in diesel affair003802
According to the public prosecutor’s office, the accusation against Karl-Thomas Neumann (63) is that he was an accessory to fraud as an indirect perpetrator. The charges are related to the diesel scandal Volkswagen. “Wirtschaftswoche” had previously reported. Neumann did not initially respond to a request from the dpa news agency. He rejected the allegations to… Continue reading German Manager Magazine: Dieselgate: Public prosecutor charges ex-Conti manager KT-Neumann in diesel affair003802
Ride Sharing Market to grow by USD 180.02 Billion (2024-2028), driven by rising vehicle ownership costs, with AI redefining the market landscape – Technavio
NEW YORK, Dec. 4, 2024 /PRNewswire/ — Report with market evolution powered by AI – The global ride sharing market size is estimated to grow by USD 180.02 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 26.35% during the forecast period. Increase in vehicle ownership cost is driving market growth, with… Continue reading Ride Sharing Market to grow by USD 180.02 Billion (2024-2028), driven by rising vehicle ownership costs, with AI redefining the market landscape – Technavio