@Ford: Ford Trials Robot Charging Station Designed to Give Disabled Drivers a Much Needed Helping Hand

  For most of us, filling a car with fuel, or charging an electric vehicle is a simple task. But for disabled drivers, people with reduced mobility and older people it can be a significant challenge. Now, Ford has developed a prototype robot charging station that drivers operate via their smartphone from inside their electric… Continue reading @Ford: Ford Trials Robot Charging Station Designed to Give Disabled Drivers a Much Needed Helping Hand

Lyft lays off about 60 employees, shutters in-house car rentals program

Lyft has joined the ranks of tech companies trimming its workforce. The news of the layoffs, initially spotted in LinkedIn posts by now-former Lyft employees, has been confirmed by the company. Lyft said it has laid off about 60 people and dropped its in-house car rental service and is consolidating global operations. The Wall Street… Continue reading Lyft lays off about 60 employees, shutters in-house car rentals program

Tesla surpasses 35 million miles driven on Full Self-Driving Beta, and pace is ramping up

Tesla is reporting that its fleet of customers driving with the Full Self-Driving (FSD) Beta has now surpassed 35 million miles driven, and the pace is ramping up. FSD Beta enables Tesla vehicles to drive autonomously to a destination entered in the car’s navigation system, but the driver needs to remain vigilant and ready to… Continue reading Tesla surpasses 35 million miles driven on Full Self-Driving Beta, and pace is ramping up

Lucid Motors’ Mike Bell on Software-Defined Innovation for the Luxury EV Brand

AI and electric vehicle technology breakthroughs are transforming the automotive industry. These developments pave the way for new innovators, attracting technical prowess and design philosophies from Silicon Valley. Mike Bell, senior vice president of digital at Lucid Motors, sees continuous innovation coupled with over-the-air updates as key to designing sustainable, award-winning intelligent vehicles that provide… Continue reading Lucid Motors’ Mike Bell on Software-Defined Innovation for the Luxury EV Brand

Details of exemptions sought by GM, Ford for self-driving systems released by NHTSA

The National Highway Traffic Safety Administration on Wednesday released details of requests submitted by Ford Motor Co. and General Motors Co. to waive federal safety standards for automated driving programs, getting the automakers a step closer to their AV visions.  The petitions detail why certain human-driver-operated vehicle necessities are not necessary on vehicles operated by automated driving technology. Ford… Continue reading Details of exemptions sought by GM, Ford for self-driving systems released by NHTSA

Valvoline Declares Quarterly Dividend

LEXINGTON, Ky., July 20, 2022 /PRNewswire/ — Valvoline Inc. (NYSE: VVV) today announced that its board of directors declared a quarterly cash dividend of $0.125 per share of Valvoline common stock. The dividend is payable on Sep. 15, 2022, to shareholders of record as of the close of business on Aug. 31, 2022. About ValvolineTMValvoline Inc. (NYSE:… Continue reading Valvoline Declares Quarterly Dividend

Shield AI’s V-BAT selected for DoD’s APFIT pilot program

“This is a win-win. For the warfighter, they will not have to wait the average 4-6 years to receive new tools and products to do their jobs more effectively. For Shield AI and the V-BAT, selection by a joint-strategic office like OUSD R&E alongside its selection for SOCOM and Naval Air Warfare Center Aircraft Division’s… Continue reading Shield AI’s V-BAT selected for DoD’s APFIT pilot program

Tesla sold 75 percent of its Bitcoin

Tesla already reported vehicle shipment numbers for the second quarter, and now its full Q2 2022 financial report (pdf) reveals it’s dealing with inflation and the overall economic downturn, as well as the “crypto winter” that has sent prices of Bitcoin plunging. In the letter to investors, Tesla execs reveal the company has sold 75… Continue reading Tesla sold 75 percent of its Bitcoin

Global At-Table Ordering Leader me&u Creates Waves in North America – Offering Venue Partners Improved Guest Experiences, Labor Efficiencies and Sales Growth

Since its inception over four years ago, me&u has been delivering world-class experiences in hospitality transformation and innovation. Already providing close to 30 percent revenue growth for venue operators around the world, the order and pay company has received strong investor backing from senior executives at Meta, Afterpay, Uber, Google and LinkedIn. Creating waves in… Continue reading Global At-Table Ordering Leader me&u Creates Waves in North America – Offering Venue Partners Improved Guest Experiences, Labor Efficiencies and Sales Growth

Tube Investments invests Rs 246 crore in electric in heavy CV

The spate of acquisition for Tube Investment continues. Tube Investments Clean Mobility, one of its wholly owned subsidiary annonuced entering  into definitive agreement for acquisition of  65  percent in IPLTech Electric- a  startup engaged in manufacturing of electric heavy commercial vehicles for Rs 246 crore. The acquisition is expected to be completed by October this year.  Based out of Gurugram,… Continue reading Tube Investments invests Rs 246 crore in electric in heavy CV