Skoda Auto is pressing ahead with the automation of its manufacturing processes in the Czech Republic. In gearbox production at the Vrchlabi component plant, a new smart handling robot has taken over the complex task of moving forged parts for the workforce. The company has developed this system in-house to build up expertise in production… Continue reading Skoda deploys smart robot to handle forged transmission parts at Vrchlabi plant
Tag: Mobility
California regulator requires most ride-hailing cars to be EVs by 2030
The California Air Resources Board has approved a mandate requiring most trips on ride-hailing platforms to be in electric vehicles by 2030. California is the first state to approve such a rule in the US, and it has long been a trailblazer in EV adoption that other states follow and emulate. Under the new rule,… Continue reading California regulator requires most ride-hailing cars to be EVs by 2030
@Ford: Electric Ford F-150 Lightning Makes a Special ‘Cameo’ on The Tonight Show Starring Jimmy Fallon
About Ford Motor Company Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford trucks, utility vehicles, and cars – increasingly including electrified versions – and Lincoln luxury vehicles; provides financial services through Ford Motor Credit Company; and is pursuing… Continue reading @Ford: Electric Ford F-150 Lightning Makes a Special ‘Cameo’ on The Tonight Show Starring Jimmy Fallon
@Toyota: New Clean Assist Program Allows Carbon Free Charging for Toyota Plug In Owners in California
About Toyota Toyota (NYSE:TM) has been a part of the cultural fabric in the U.S. for more than 60 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands, plus our nearly 1,500 dealerships. Toyota has created a tremendous value chain and directly employs more than 36,000 in the U.S.… Continue reading @Toyota: New Clean Assist Program Allows Carbon Free Charging for Toyota Plug In Owners in California
Bosch reports robust Q4 revenue, profit jumps 5x
Bosch reported a 44 percent increase in total revenue from operations at Rs 3217 crore in Q4 FY2021 YoY (FY2020 revenue: 2,236 crore). Its standalone Q4 FY2021 profit came in at Rs 482 crore, nearly five times compared to the same quarter last year. Speaking on the results, Soumitra Bhattacharya, Managing Director, Bosch and President… Continue reading Bosch reports robust Q4 revenue, profit jumps 5x
@BMW: Ad-hoc announcement: Partial release of the provision with respect to EU antitrust proceedings001140
Munich. Based on the progress of the proceedings, BMW AG expects, compared with the statement of objections of 5 April 2019, that the EU Commission will significantly reduce its allegations against BMW AG in terms of content and duration. The subject matter of the proceedings is whether German automobile manufacturers cooperated in technical working groups… Continue reading @BMW: Ad-hoc announcement: Partial release of the provision with respect to EU antitrust proceedings001140
Indonesia’s anti-trust agency to scrutinise Gojek-Tokopedia merger …
Indonesia’s anti-trust agency (KPPU) on Thursday said it would scrutinise the multi-billion dollar merger of the country’s startups Gojek and Tokopedia to check for potential monopolistic behaviour. Ride-hailing and payments firm Gojek and e-commerce leader Tokopedia announced their merger earlier this week into a tech company GoTo in Indonesia’s largest-ever deal. The combined entity, which… Continue reading Indonesia’s anti-trust agency to scrutinise Gojek-Tokopedia merger …
Waymo Eyes Raising Up to $4 Billion as Leaders’ Exits Sow Doubts
(Bloomberg) — Waymo is talking to outside investors about raising as much as $4 billion in additional capital to fuel its self-driving efforts. And the company has discussed plans to eventually list publicly, spinning out from its parent Alphabet Inc., according to people familiar with the plans. But Waymo must first quell concerns about a… Continue reading Waymo Eyes Raising Up to $4 Billion as Leaders’ Exits Sow Doubts
Magenta EV Solutions raises Rs 120 crore in Series A funding
Mumbai-based, electric vehicle charging solutions company, Magenta EV Solutions (Magenta) has raised more than $15 million (Rs 120 crore) in Series A funding from eminent Indian-American cardiologist, philanthropist billionaire and serial entrepreneur, Dr. Kiran Patel. Founded by Maxson Lewis and Darryl Dias, Magenta was Incorporated in 2017, and in the last three years, it has… Continue reading Magenta EV Solutions raises Rs 120 crore in Series A funding
China Tech Digest: Upmarket Car Brand Co-created By Changan And Huawei Will Be Launched This Month; BYD Will Ship 1,500 Tang EVs To Norway
Upmarket car brand co-created by Changan and Huawei will be launched this month The upmarket new energy car brand (temporarily named AB brand) jointly created by Changan Auto, Huawei and CATL will be unveiled soon. Tan Benhong, executive vice president of Changan Auto, stated that Changan New Energy and AB Auto are two independent companies… Continue reading China Tech Digest: Upmarket Car Brand Co-created By Changan And Huawei Will Be Launched This Month; BYD Will Ship 1,500 Tang EVs To Norway