China Tech Digest: Tesla Claims To Establish Data Center In China; Neolix Self-driving Delivery Vehicle Permitted To Operate On Road

Tesla: We have established a data center in China to achieve data storage localization Tesla stated on its official Weibo account that we have established a data center in China to localize data storage and will continue to add more local data centers. All data generated from the sales of vehicles in the Chinese mainland… Continue reading China Tech Digest: Tesla Claims To Establish Data Center In China; Neolix Self-driving Delivery Vehicle Permitted To Operate On Road

Apex.AI Names Former Deutsche Bank & Canoo Executive as Chief Financial Officer

PALO ALTO, Calif., May 25, 2021 /PRNewswire/ — Apex.AI, a company developing breakthrough safety-certified software for the automotive industry, announced today that Paul Balciunas has been named Chief Financial Officer, effective immediately. In his role, Balciunas will lead fundraising efforts that will enable Apex.AI to expand its product offerings to new areas in addition to… Continue reading Apex.AI Names Former Deutsche Bank & Canoo Executive as Chief Financial Officer

Musk says he supports crypto in battle with fiat money (May 22)

(This May 22 story corrects paragraph six to make clear Musk called “dogecoin” a hustle, not bitcoin) Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk tweeted on Saturday that in a battle between fiat and cryptocurrencies, his support is with crypto. “The true battle is between fiat & crypto. On balance, I support the latter,”… Continue reading Musk says he supports crypto in battle with fiat money (May 22)

Tesla cars barred from some China government compounds – sources

Staff at some Chinese government offices have been told not to park their Tesla Inc (TSLA.O) cars inside government compounds due to security concerns over cameras installed on the vehicles, two people with knowledge of the matter said. The people said officials of at least two government agencies in Beijing and Shanghai have been instructed… Continue reading Tesla cars barred from some China government compounds – sources

Elon Musk teases Tesla expansion in Russia and potentially even a factory in the region

Elon Musk has teased the potential for Tesla to soon expand into Russia and even maybe establish a factory in the region. Russia is far from being a leader in electrification, and it doesn’t have much prospects to accelerate EV adoption. Tesla’s entry in the market could definitely help. The country is already one of,… Continue reading Elon Musk teases Tesla expansion in Russia and potentially even a factory in the region

Ford CEO: Automated Driving Systems Need Regulation – Manufacturing.net

DETROIT (AP) — The CEO of America’s second-largest auto company is calling for the federal government to set standards for fully or partially automated vehicles to tighten the safety of electronic driving systems. In urging federal regulation, Ford CEO Jim Farley becomes the highest-profile auto executive to publicly recognize a need to more closely monitor… Continue reading Ford CEO: Automated Driving Systems Need Regulation – Manufacturing.net

Ford CEO says US needs to regulate automated driving systems – The Independent

The CEO of America’s second-largest auto company is calling for the federal government to set standards for fully or partially automated vehicles to tighten the safety of electronic driving systems. In urging federal regulation, Ford CEO Jim Farley becomes the highest-profile auto executive to publicly recognize a need to more closely monitor the emerging technology,… Continue reading Ford CEO says US needs to regulate automated driving systems – The Independent

Ford CEO: US needs to regulate self-driving systems – Ohionewstime.com

Detroit — The CEO of America’s second-largest car company is calling on the federal government to set standards for fully or partially automated vehicles to enhance the safety of electronic driving systems. By encouraging federal regulations, Ford CEO Jim Farley has become CEO of the car, becoming as popular on American roads as questions are… Continue reading Ford CEO: US needs to regulate self-driving systems – Ohionewstime.com