Cazoo acquires reconditioning company Smart Fleet Solutions

Cazoo has acquired Smart Fleet Solutions (SFS), an independent vehicle reconditioning and storage specialists, for an undisclosed sum. SFS has a team of over 500 staff operating from four vehicle refurbishment facilities across 110 acres in Nottinghamshire, Staffordshire, Wiltshire and Scotland, processing over 100,000 vehicles annually with storage for more than 20,000 vehicles. This deal… Continue reading Cazoo acquires reconditioning company Smart Fleet Solutions

With NEOLINE, the Michelin Group’s logistics is on the rise

With NEOLINE, the Michelin Group’s logistics is on the rise A commitment to transport pneumatic tires on the Halifax (Canada) / Saint-Nazaire – Montoir de Bretagne (France) line, as soon as the first cargo sailboat was commissioned. A test initiative to help decarbonize Michelin’s logistics operations. Michelin chooses the French start-up NEOLINE, offering carbon-free shipping… Continue reading With NEOLINE, the Michelin Group’s logistics is on the rise

LG wins key EV battery dispute against SK Innovation in US

SEOUL/NEW YORK — The U.S. International Trade Commission has ruled in favor of LG Chem’s trade-secrets theft claim against rival SK Innovation, concluding a 20-month investigation on the dispute between the two South Korean conglomerates. The commission’s decision on Wednesday includes a 10-year exclusion order against SK Innovation, or SKI, to ban it from importing… Continue reading LG wins key EV battery dispute against SK Innovation in US

Magna (MGA) Dips More Than Broader Markets: What You Should Know

Bloomberg This Crypto Kid Had a $23,000-a-Month Condo. Then the Feds Came. (Bloomberg) — Stefan Qin was just 19 when he claimed to have the secret to cryptocurrency trading.Buoyed with youthful confidence, Qin, a self-proclaimed math prodigy from Australia, dropped out of college in 2016 to start a hedge fund in New York he called… Continue reading Magna (MGA) Dips More Than Broader Markets: What You Should Know

BorgWarner (BWA) Surpasses Q4 Earnings and Revenue Estimates

Bloomberg This Crypto Kid Had a $23,000-a-Month Condo. Then the Feds Came. (Bloomberg) — Stefan Qin was just 19 when he claimed to have the secret to cryptocurrency trading.Buoyed with youthful confidence, Qin, a self-proclaimed math prodigy from Australia, dropped out of college in 2016 to start a hedge fund in New York he called… Continue reading BorgWarner (BWA) Surpasses Q4 Earnings and Revenue Estimates

DAT and Axele Announce Strategic Partnership, Expanded Integration

Bloomberg This Crypto Kid Had a $23,000-a-Month Condo. Then the Feds Came. (Bloomberg) — Stefan Qin was just 19 when he claimed to have the secret to cryptocurrency trading.Buoyed with youthful confidence, Qin, a self-proclaimed math prodigy from Australia, dropped out of college in 2016 to start a hedge fund in New York he called… Continue reading DAT and Axele Announce Strategic Partnership, Expanded Integration

EVgo Further Extends Nation’s Largest Fast Charging Network to Tesla Drivers

LOS ANGELES, Feb. 11, 2021 /PRNewswire/ — EVgo, the nation’s largest public fast charging network for electric vehicles (EVs), is expanding its offering for Tesla drivers to charge at more EVgo stations across the country, upgrading hundreds of its stations with integrated Tesla connectors. This will further EVgo’s reach as the only EV charging platform… Continue reading EVgo Further Extends Nation’s Largest Fast Charging Network to Tesla Drivers

Fimatix UK Ltd partners with Privacy4Cars to address vehicle privacy compliance burden in Europe

Platform to Track and Manage Deletion of Personal Information in Vehicles Now Available in the UK and EU LONDON, Feb. 11, 2021 /PRNewswire/ — Fimatix UK Ltd, a leading Digital Technology Services Consultancy, announced today a new distribution partnership with Privacy4Cars, the first-of-its-kind platform designed to help erase Personal Information (PI) from modern vehicles. The… Continue reading Fimatix UK Ltd partners with Privacy4Cars to address vehicle privacy compliance burden in Europe

Global shipping turmoil expected to calm down by mid-year

Spot container rates on key trade lanes jumped to records last month. The world’s largest container carrier said trade disruptions that have sent freight rates soaring and overwhelmed major ports may start to ease after the first quarter, disappointing investors but signaling eventual relief for cargo shippers. A.P. Moller-Maersk A/S Chief Executive Officer Soren Skou… Continue reading Global shipping turmoil expected to calm down by mid-year

@VW Group: Volkswagen Group teams up with Microsoft to accelerate the development of automated driving

Volkswagen Group further strengthens its capabilities in the development of automated driving (AD) solutions. The Group’s software company Car.Software Organisation will collaborate with Microsoft to build a cloud-based Automated Driving Platform (ADP) on Microsoft Azure and leverage its compute and data capabilities to deliver automated driving experiences even faster at global scale. With ADP running… Continue reading @VW Group: Volkswagen Group teams up with Microsoft to accelerate the development of automated driving