This is India’s first 13.5-metre 4×2 coach which offers 10% extra seating and 20% sleeper berth capacity, and around 25% more passenger luggage space. Exactly a year after VE Commercial Vehicles (VECV), a subsidiary of Eicher Motors, inked a pact to acquire the bus business of Volvo Group (VGIPL) for Rs 100 crore, the first… Continue reading First product from Volvo Buses-VECV rolls out
Tag: Mobility
World NM: Robotaxis looking to take bigger slice of transport pie001479
Chinese technology companies are ramping up efforts to launch self-driving taxi services in an attempt to bolster large-scale commercial use of the growing transportation solutions. In the meantime, Baidu received its initial batch of permits to test its self-driving vehicles on expressways from traffic authorities in Beijing in July, becoming one of the first companies… Continue reading World NM: Robotaxis looking to take bigger slice of transport pie001479
SMH Rail launches its latest innovation in the ‘H10 Series’ Locomotive Towards Green Mobility
With an aim Towards Green Mobility, SMH Rail is redefining mobility to achieve rail sustainability and powers the vision of a clean, fast and green future. The ‘H10 Series’ could replace 100 cargo trucks, reduce carbon emissions by up to 75%, lower highway congestion, and is four times more fuel efficient than road freight transport on average. Its… Continue reading SMH Rail launches its latest innovation in the ‘H10 Series’ Locomotive Towards Green Mobility
St Kitts and Nevis Awarded Best Citizenship by Investment Programme by FT PWM Report
LONDON, Aug. 20, 2021 /PRNewswire/ — The 2021 CBI Index released this week by the Financial Times’ Professional Wealth Management (PWM) magazine has, for the first time, awarded St Kitts and Nevis as the best citizenship by investment (CBI) programme for 2021. Now in its fifth year, the CBI Index is an in-depth report that… Continue reading St Kitts and Nevis Awarded Best Citizenship by Investment Programme by FT PWM Report
CANGO Auto View: Investors Eye Vehicle Technologies as Next Big Thing
SHANGHAI, Aug. 20, 2021 /PRNewswire/ — With the evolving landscape of the global automotive industry, Cango Inc. (NYSE: CANG) (“Cango” or the “Company”) is issuing a bi-monthly industry insight called “CANGO Auto View” to bring readers, drivers and passengers up to speed with what’s on offer in the automobile market, what trends are emerging, and… Continue reading CANGO Auto View: Investors Eye Vehicle Technologies as Next Big Thing
Top four highlights of Elon Musk’s Tesla AI Day
Elon Musk wants Tesla to be seen as “much more than an electric car company.” On Thursday’s Tesla AI Day, the CEO described Tesla as a company with “deep AI activity in hardware on the inference level and on the training level” that can be used down the line for applications beyond self-driving cars, including… Continue reading Top four highlights of Elon Musk’s Tesla AI Day
Waymo’s autonomous vehicles have clocked 20 million miles on public roads
Although other companies that are working on autonomous driving might get more attention, Waymo is still hard at work on the technology. The Alphabet subsidiary just provided an update on its Waymo Driver AI as well as more details about its self-driving tests. An array of LiDAR, radar and cameras can track what’s going on… Continue reading Waymo’s autonomous vehicles have clocked 20 million miles on public roads
University of Wisconsin-Madison and City of Racine Awards Perrone Robotics, Inc. New Autonomous Vehicle Shuttle Contract
UW-Madison’s Traffic Operations and Safety Laboratory (TOPS Lab), a research laboratory within the Department of Civil and Environmental Engineering, will use the highly automated vehicle on public and private roads for research, data collection and public engagement. Through a partnership with the city of Racine, Gateway Technical College and UW-Madison, Perrone’s AV vehicle will be… Continue reading University of Wisconsin-Madison and City of Racine Awards Perrone Robotics, Inc. New Autonomous Vehicle Shuttle Contract
Cango Inc. Announces Up to US$50 Million New Share Repurchase Program
SHANGHAI, Aug. 19, 2021 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Company”), a leading automotive transaction service platform in China, today announced that its board of directors has authorized a new share repurchase program (the “New Share Repurchase Program”) under which the Company may repurchase up to US$50 million worth of its outstanding (i)… Continue reading Cango Inc. Announces Up to US$50 Million New Share Repurchase Program
Watch Tesla AI Day and follow the important news coming out of it
You can watch Tesla AI Day right here starting at 8:00 PM ET (5:00 PM PT) if Tesla is on time, which is a big ‘if’. We are also going to link to all the headline-worthy news coming out of the event. Over the last few years, Tesla started holding events, not really to unveil… Continue reading Watch Tesla AI Day and follow the important news coming out of it