A Tesla logo on a Model S is photographed inside of a Tesla dealership in New York, U.S., April 29, 2016. REUTERS/Lucas Jackson/File Photo/File Photo WASHINGTON, Nov 2 (Reuters) – Tesla Inc is recalling nearly 12,000 U.S. vehicles sold since 2017 because a communication error may cause a false forward-collision warning or unexpected activation of… Continue reading Autos & Transportation · 11:20 AM UTCTesla recalls nearly 12,000 U.S. vehicles over software communication errorTesla Inc is recalling nearly 12,000 U…
Tag: Mobility
@niche: Xos, Inc. Announces Third Quarter 2021 Earnings Release Date and Conference Call001369
LOS ANGELES, Nov. 01, 2021 (GLOBE NEWSWIRE) — Xos, Inc. (NASDAQ: XOS), a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles, announced today it will release its financial results for the third quarter ended September 30, 2021 on Thursday, November 11, 2021. On that day, Xos’ management will hold a conference… Continue reading @niche: Xos, Inc. Announces Third Quarter 2021 Earnings Release Date and Conference Call001369
SAIC Motor’s overseas entity chooses HERE for connected driving. What happens next?
SAIC Motor’s overseas entity has partnered with HERE as it embarks on an ambitious EV and connected car expansion into Europe. Connected, automated, electric—three words that are increasingly defining the future of motoring. Helping to power this four-wheel revolution is location technology, as cars become more connected to each other, to our smartphones, and our… Continue reading SAIC Motor’s overseas entity chooses HERE for connected driving. What happens next?
Autos & TransportationEV startup Rivian could be worth nearly as much as Honda in U.S. IPO10:23 PM UTC
Nov 1 (Reuters) – Rivian Automotive Inc, which is backed by Amazon.com Inc (AMZN.O), is targeting a valuation of more than $53 billion for its U.S. debut, making the electric vehicle manufacturer potentially almost as valuable as rival Honda Motor (7267.T). The startup is looking to raise up to $8.4 billion, setting it up to… Continue reading Autos & TransportationEV startup Rivian could be worth nearly as much as Honda in U.S. IPO10:23 PM UTC
Tesla Under Scrutiny Over Lack of Recall After Autopilot Update
The top federal auto safety regulator sent two letters to Tesla this week raising questions about the company’s driver-assistance software systems and instructing the carmaker to provide fuller information. The regulator, the National Highway Traffic Safety Administration, is looking into why Tesla did not issue a recall last month when it updated software called Autopilot… Continue reading Tesla Under Scrutiny Over Lack of Recall After Autopilot Update
@VW Group: Note for editors: ||The successful ID. family continues to grow: World premiere for the ID.5 and the ID.5 GTX004123
On November 3rd, Volkswagen presents its first E-SUV coupé, the all-electric top model with premium features based on the modular electric drive matrix (MEB). The new ID.5 and the sporty ID.5 GTX with dual-motor all-wheel drive inspire with expressive design, long-distance capability and the latest software generation. Volkswagen is transforming into the direction of electrification… Continue reading @VW Group: Note for editors: ||The successful ID. family continues to grow: World premiere for the ID.5 and the ID.5 GTX004123
@FCA: Stellantis Closes Previously Announced Acquisition of First Investors Financial Services Group
November 1, 2021 , AMSTERDAM – Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (“Stellantis”) is pleased to announce completion of the acquisition of F1 Holdings Corp., parent company to First Investors Financial Services Group (“First Investors”), from an investor group led by Gallatin Point Capital LLC. The acquisition, previously announced on September 1, 2021,… Continue reading @FCA: Stellantis Closes Previously Announced Acquisition of First Investors Financial Services Group
EValuating Tata Motors’ electric bet
The billion-dollar fund infusion by TPG Rise Climate provided a big boost to the Tata Motors valuations and the stock. Not only did you see the stock locked in circuit but it also hit fresh 52-week highs and found a renewed buzz in the bourses. But the question is can you consider it as a… Continue reading EValuating Tata Motors’ electric bet
Tata Motors losses expand on supply side concerns
Tata Motors losses have widened for the third consecutive quarter and the automotive bellwether has posted a consolidated loss of Rs 4,442 crore for in Q2FY2022 compared to a loss of Rs 314 crore in Q2FY2021. The net revenue however came in higher at Rs 61,379 crore, up 14.7 percent from Q2FY2021 revenue of Rs 53,530 crore.… Continue reading Tata Motors losses expand on supply side concerns
Autobrains Raises $101M in Series C Funding
Autobrains Founder and CEO, Igal Raichelgauz. Autobrains (formerly known as Cartica AI), a Tel Aviv, Israel-based developer of self-learning artificial intelligence technology for assisted and autonomous driving, raised $101m in Series C financing. The round was led by Singaporean Temasek, with participation from new investors Knorr-Bremse AG and VinFast, as well as existing investor BMW and Continental AG.… Continue reading Autobrains Raises $101M in Series C Funding