Dana to Pay Dividend on Common Stock

MAUMEE, Ohio, Oct. 26, 2022 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today that its board of directors has declared a dividend on its common stock.   The board declared a quarterly dividend of $0.10 per share, payable Dec. 2, 2022, to holders of Dana common stock as of Nov. 11. About Dana Incorporated Dana is… Continue reading Dana to Pay Dividend on Common Stock

Tesla’s self-driving claims are reportedly under criminal investigation

/ The Department of Justice is said to be looking into at least a dozen crashes involving Tesla Autopilot, which the company has said is a precursor to fully autonomous vehicles Illustration by Alex Castro / The Verge Tesla is facing a criminal probe over its claims about its driver assist technology, according to Reuters.… Continue reading Tesla’s self-driving claims are reportedly under criminal investigation

@VW Group: Volkswagen focuses development for autonomous driving006025

Volkswagen is focusing its development activities for autonomous and highly automated driving. In the area of autonomous driving as a service (MaaS/TaaS), the Group is consolidating its development partnerships. Volkswagen will no longer invest in Argo AI. In individual mobility, Cariad is continuing to drive forward the development of highly automated and autonomous driving together… Continue reading @VW Group: Volkswagen focuses development for autonomous driving006025

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BERLIN, Oct 26 (Reuters) – Volkswagen AG (VOWG_p.DE) is no longer investing in Argo AI, the company said on Wednesday, concentrating its automated driving efforts on its existing partnerships with Bosch and Horizon Robotics in China. Volkswagen commercial vehicles will pursue a partnership with a new, soon-to-be named partner, the carmaker said in its statement,… Continue reading Untitled

Argo.ai, driverless startup backed by Ford and VW, is shutting down

/ The Pittsburgh-based startup, which was founded in 2016, will be absorbed into its two automotive partners. Argo had been testing its vehicles in Miami, Austin, and Washington, DC. Drew Anthony Smith Argo AI, the self-driving startup backed by Ford and Volkswagen, is shutting down, The Verge has learned. Employees were notified that an announcement… Continue reading Argo.ai, driverless startup backed by Ford and VW, is shutting down

Adani Group plans to invest in passenger vehicle fleet

The Ahmedabad-based group has been investing in companies to complement its airport business. The Adani Group is planning to invest in a fleet of passenger vehicles, which it will list on ride-hailing platforms such as Uber in the cities where it operates airports, sources aware of the development told ET. The conglomerate, which operates seven… Continue reading Adani Group plans to invest in passenger vehicle fleet

The ‘Brightest of All Time’ Gamma-Ray Burst Sparks a Supernova Hunt

On the morning of October 9, astronomers’ inboxes pinged with a relatively modest alert: NASA’s Swift Observatory had just detected a fresh burst of energy, assumed to be coming from somewhere within our own galaxy. But six hours later—when scientists realized an instrument on the Fermi Space Telescope had also flagged the event—another more pressing… Continue reading The ‘Brightest of All Time’ Gamma-Ray Burst Sparks a Supernova Hunt

CTEK Unveils Original Eleanor Hero Car At SEMA Show Preview At SEMA Garage

Company Returns To SEMA Show 2022 as SEMA Cruise Sponsor and Authorized SEMA Battery Charger Sponsor CHICAGO, Oct. 26, 2022 /PRNewswire/ — Celebrating 25 years, CTEK, a leading global brand in battery charging solutions, unveiled a surprise guest at SEMA Garage during a special SEMA Show preview.  A Gone in 60 Seconds iconic 1967 Shelby GT500 nicknamed Eleanor is… Continue reading CTEK Unveils Original Eleanor Hero Car At SEMA Show Preview At SEMA Garage

bp pulse to launch Gigahub EV fast-charging hubs for ride-hail fleet charging near airports and other high-demand U.S. locations

First location to be developed in collaboration with Hertz near LAX and partially funded by California Energy Commission grant Aims to accelerate adoption of EVs through reliable and convenient fast charging at high demand locations MOUNTAIN VIEW, Calif., Oct. 26, 2022 /PRNewswire/ — bp pulse announced today plans to establish the bp pulse Gigahub network,… Continue reading bp pulse to launch Gigahub EV fast-charging hubs for ride-hail fleet charging near airports and other high-demand U.S. locations

Kongsberg Automotive wins contract worth EUR 30.7 million in estimated lifetime revenue

Kongsberg Automotive (KA)’s Powertrain & Chassis Driveline business unit has secured a contract for passenger cars worth EUR 30.7 million in estimated lifetime revenue and average annual revenue of EUR 6.1 million. Driveline was awarded this five-year contract by one of the largest Original Equipment Manufacturers (OEMs) in China for KA’s shift-by-wire system. The system… Continue reading Kongsberg Automotive wins contract worth EUR 30.7 million in estimated lifetime revenue