Can the auto industry accelerate sustainable production? | FT Tech

You can enable subtitles (captions) in the video player The automotive sector produces more than 10 per cent of the world’s industrial emissions. Carmakers racing to decarbonise and meet net-zero goals have focused on electrifying powertrains. But while electric cars produce less emissions than petrol or diesel models when driven, the production lines and parts… Continue reading Can the auto industry accelerate sustainable production? | FT Tech

China may fine ride-hailing firm Didi more than $1b for data breaches

Chinese authorities are preparing to impose a fine of more than $1 billion on ride-hailing firm Didi Global, people familiar with the matter said on Tuesday, a move that could bring an end to a probe into the firm’s cybersecurity practices. The people said the fine would be more than 8 billion yuan ($1.28 billion), accounting for about 4.7% of Didi‘s $27.3 billion total revenue last year. They declined to be identified as the information… Continue reading China may fine ride-hailing firm Didi more than $1b for data breaches

The Rising Adoption Of IoT In The Automotive Sector Accelerates The Internet Of Things Market Growth

The Business Research Company’s internet of things (IoT) market research report expands on key drivers, trends, and growth opportunities in the market. LONDON, July 19, 2022 /PRNewswire/ — The application of IoT in various industries, such as the automotive industry, is driving the growth of the global IoT market. The introduction of IoT in the automotive… Continue reading The Rising Adoption Of IoT In The Automotive Sector Accelerates The Internet Of Things Market Growth

Sequoia China leads $148m Series A round for auto chip maker SiEngine

Sequoia Capital China has led a Series A funding round of close to 1 billion yuan ($148.2 million) for auto tech startup SiEngine Technology, per an announcement. The fresh capital will allow SiEngine to invest in the delivery of its existing products at scale as well as the next-phase R&D of auto-grade chips with high… Continue reading Sequoia China leads $148m Series A round for auto chip maker SiEngine

@Geely: Tue 19 Jul 2022NEW GROUP LOTUS GLOBAL BRAND CENTRE STRUCTURE ESTABLISHED 1 | 1 | 0 JAMES ANDREW APPOINTED CHIEF BRAND OFFICER Rea…

JAMES ANDREW APPOINTED CHIEF BRAND OFFICER Group Lotus announces a new Global Brand and PR centre structure has been established. The new centre will be headed up by James Andrew, who has been appointed Chief Brand Officer. Initially with offices in the UK, Netherlands and China, the new centre will oversee the evolution and deployment… Continue reading @Geely: Tue 19 Jul 2022NEW GROUP LOTUS GLOBAL BRAND CENTRE STRUCTURE ESTABLISHED 1 | 1 | 0 JAMES ANDREW APPOINTED CHIEF BRAND OFFICER Rea…

Volvo Group – the second quarter 2022

GÖTEBORG, Sweden , July 19, 2022 /PRNewswire/ — “The Volvo Group continued to perform well in Q2 2022 with strong growth and improved profitability. We increased our net sales by 31% to SEK 118.9 billion with good momentum both in the sales of vehicles and in the service business. The adjusted operating income rose to SEK 13.7… Continue reading Volvo Group – the second quarter 2022

New 2022 Polestar 3 could start from around £70,000

The new Polestar 3 will arrive in October this year and go head to head with the Tesla Model Y – and the brand’s chief executive officer Thomas Ingenlath has revealed that it’ll cost between 75,000 and 110,000 euros. If Polestar maintains its current European pricing strategy for the forthcoming SUV, we expect UK pricing… Continue reading New 2022 Polestar 3 could start from around £70,000

Global and China Flying Car Industry Report 2022 Featuring Major Flying Car Suppliers & OEMs Deploying Flying Cars

DUBLIN, July 18, 2022 /PRNewswire/ — The “Global and China Flying Car Industry Research Report, 2022” report has been added to ResearchAndMarkets.com’s offering. A flying car is a three-dimensional vehicle. Broadly speaking, it is a low-altitude intelligent autonomous transportation tool carrying cargo or people, namely electric vertical take-off and landing (eVTOL). It features electric vertical take-off… Continue reading Global and China Flying Car Industry Report 2022 Featuring Major Flying Car Suppliers & OEMs Deploying Flying Cars