Hero Electric performed the ground-breaking ceremony of its second plant in Ludhiana, Punjab. The upcoming facility is located near its existing one, and is aimed at enabling the company to ramp up its production capacity. The new plant will have a capacity of 200,000 two-wheelers. In a press note, the company said it has been… Continue reading Hero Electric conducts ground-breaking ceremony for second plant
Tag: Mobility
European OEM ropes in L&T Tech to prevent cyber attack
L&T Technology Services, the Mumbai- based engineering and R&D (ER&D) company which offers its services to the automotive and other sectors has been approached by a leading European customer for securing its sedan models of a certain year and make. This is because the company is concerned about the likelihood of its GPS getting hacked. The demand related… Continue reading European OEM ropes in L&T Tech to prevent cyber attack
With hybrids ruled out, Hyundai backs CNG
On July 13, Hyundai Motor India (HMI) unveiled the latest generation of its flagship SUV, the Tucson which will be brought to India as a completely-knocked-down unit from South Korea and be assembled at the plant in Chennai starting August. The company which sells the SUV’s hybrid variant in overseas markets has no plans to… Continue reading With hybrids ruled out, Hyundai backs CNG
Cox Automotive Acquires Trudell, Parent Company of Trudell Trailers and Northeast Great Dane
“Cox Automotive is driven to keep the world’s fleets moving efficiently, safely and sustainably, and this acquisition delivers on that promise with adjacency product expansion that will continue to fuel our growth and leadership,” said Steve Rowley, President of Cox Automotive. “Our customers are at the center of everything we do, and we will look… Continue reading Cox Automotive Acquires Trudell, Parent Company of Trudell Trailers and Northeast Great Dane
Certn and Wilma Put Trust and Candidate Experience in the Driver’s Seat
New “Women-Driving-Women” Ride Hailing Service Will Use Certn’s Fast, Thorough and Trustworthy Background Checks VICTORIA, BC, July 21, 2022 /PRNewswire/ — Certn, a leader in background screening solutions, today announced the integration of its API with the Wilma platform, pushing forward the mission of building a culture of trust within ride shares. Wilma is a new… Continue reading Certn and Wilma Put Trust and Candidate Experience in the Driver’s Seat
ioneer Signs Binding Lithium Offtake Agreement with Ford
Highlights: ioneer has signed a binding offtake agreement with Ford to supply lithium from Rhyolite Ridge in Nevada intended to supply BlueOval SK. In support of end-to-end U.S. EV supply chain and Ford’s plan, ioneer is supplying lithium from its Nevada operations for lithium-ion batteries planned for EVs built in America. The 5-year… Continue reading ioneer Signs Binding Lithium Offtake Agreement with Ford
Norfolk Southern increases conductor trainee pay to $25 an hour; adds biweekly $300 incentive
“We are committed to ensuring our newest team members are well-compensated while they work toward qualifying as conductors,” said Brad Dodd, Director Talent Acquisition at Norfolk Southern. “Norfolk Southern is a great fit for those who want responsibility, autonomy, and take pride in the work they do. We offer competitive compensation, best-in-class healthcare benefits, technical training,… Continue reading Norfolk Southern increases conductor trainee pay to $25 an hour; adds biweekly $300 incentive
Robotaxis/Baidu: driverless cars are the future in China
Vehicles are unlikely to become big profit drivers but search giant has gained a valuable head-start Go to Source
ZeroAvia & Edmonton International Airport Tie Up to Bring Hydrogen-Electric Flights to Canada
Under the agreement, EIA will work with ZeroAvia to develop hydrogen infrastructure at both the main airport and Villeneuve Airport. The partnership targets exploring the use of hydrogen for decarbonization of aircraft operations, and also the wider airport ecosystem. To support the collaboration, ZeroAvia will leverage its experience in developing and operating its Hydrogen Airport… Continue reading ZeroAvia & Edmonton International Airport Tie Up to Bring Hydrogen-Electric Flights to Canada
AutoNation Reports All-Time Record Quarterly EPS
– Second quarter 2022 EPS was $6.48, an increase of 34% compared to second quarter 2021 EPS of $4.83 – Second quarter 2022 operating income was $558 million, an all-time record and an increase of 5% as compared to the same period a year ago – Second quarter 2022 After-Sales gross profit was $482 million, an increase of 11% compared to… Continue reading AutoNation Reports All-Time Record Quarterly EPS