Core Specialty Completes Merger with Lancer Insurance Company

CINCINNATI, Ohio and LONG BEACH, N.Y., Dec. 31, 2021 /PRNewswire/ — Core Specialty Insurance Holdings, Inc. and its subsidiaries (“Core Specialty” or the “Company”) and Lancer Insurance Company (“Lancer”), both specialty property and casualty (“P&C”) insurers, announced today the completion of the merger combining the companies in a stock and cash transaction, which was previously… Continue reading Core Specialty Completes Merger with Lancer Insurance Company

Here’s Why Miller Howard Investments Exited its Magna (MGA) Position

Miller Howard Investments, an investment management firm, published its third-quarter 2021 investor letter – a copy of which can be downloaded here. A quarterly return of 3.5% (yield) was recorded by the fund for the third quarter of 2021, compared to the 1.5% for the S&P 500 for the same period. You can take a… Continue reading Here’s Why Miller Howard Investments Exited its Magna (MGA) Position

AEye Will Not Attend CES 2022 In Person Out of Concern for the Health and Safety of Employees, Partners, and Customers

Company Will Webcast “Live with AEye: Virtual CES 2022” Featuring Demos, Videos, and Interviews with Leading Players Implementing Autonomous Technology Across Different Industries AEye’s Virtual Experience Includes Demos of AEye’s 4Sight LiDAR, a CES 2022 Innovation Award Winner “While we are very disappointed to not be in Las Vegas for CES 2022, we feel we… Continue reading AEye Will Not Attend CES 2022 In Person Out of Concern for the Health and Safety of Employees, Partners, and Customers

Reliance acquires UK-based sodium-ion battery company, to accelerate EV offering

Reliance New Energy Solar (RNES), a wholly-owned subsidiary of Reliance Industries has signed a definitive agreements to acquire 100% shareholding in UK-based Faradion, a leading company working on sodium-ion battery technology for GBP 100 million (Rs 905 crore). In addition, RNES will also invest GBP 25 million (Rs 227 crore) as growth capital to accelerate… Continue reading Reliance acquires UK-based sodium-ion battery company, to accelerate EV offering

Dada Group’s Impressive 2021 Year in Review

Accelerated the Digitalization in Omnichannel Retailing The integration of online and offline commerce is the future of retail. However, establishing omnichannel is no easy feat for retailers as it requires them to tailor their services to different consumer bases, complicating the efforts necessary to maintain an efficient and seamless order fulfillment operation. Jointly launched “Shop… Continue reading Dada Group’s Impressive 2021 Year in Review

Lucas TVS gets future-ready with 10 GWh gigafactory

Tamil Nadu has been in the news for the past couple of months what with the Tamil Nadu Investment Conclave, a gaggle of electric scooter OEMs announcing plans for new plants in the state, growing number of EV dealers and various players entering EV charging infrastructure. While this is all about the EV ecosystem, the… Continue reading Lucas TVS gets future-ready with 10 GWh gigafactory

Clean Technica: Does Tesla’s Centralized Computer Architecture Require Fewer Chips?001596

Tesla has navigated the global automotive chip shortage better than most. It also pioneered using a unified computer architecture. How are those things related? What are the broader lessons here? Originally posted on EVANNEX. By Charles Morris Of all the innovations Tesla has brought to the auto industry, not the least significant is the unified computer architecture… Continue reading Clean Technica: Does Tesla’s Centralized Computer Architecture Require Fewer Chips?001596

CLIA Statement Regarding CDC Elevating to Level 4 Warning Against Cruise Travel

WASHINGTON, Dec. 30, 2021 /PRNewswire/ — The decision by the CDC to raise the travel level for cruise is particularly perplexing considering that cases identified on cruise ships consistently make up a very slim minority of the total population onboard—far fewer than on land—and the majority of those cases are asymptomatic or mild in nature,… Continue reading CLIA Statement Regarding CDC Elevating to Level 4 Warning Against Cruise Travel

Ford Motor Co. beefs up tech strength with director known for global dominance

Ford Motor Co. has added to its board of directors John May, CEO of Deere & Co., and analysts say that move illustrates the automaker’s commitment to new technology in the cutthroat race toward electric and autonomous vehicle dominance.  The fact that Deere just resolved a six-week UAW strike, its first in 35 years, is “icing on the cake,” said industry… Continue reading Ford Motor Co. beefs up tech strength with director known for global dominance

Voyant raises $15M to scale production of its tiny, inexpensive lidar tech

The future of lidar is uncertain unless, as Voyant hopes to do, its price and size are reduced to fractions of their current values. As long as lidars are sandwich-sized devices that cost thousands, they won’t be ubiquitous — so Voyant has raised some cash to bring its smaller, cheaper, more easily manufactured, yet still… Continue reading Voyant raises $15M to scale production of its tiny, inexpensive lidar tech