Coolest Back-to-School Gear for Elementary School Kids

Just like they have for decades, right now elementary schools are sending parents a list of demands, supply lists populated with the usual suspects of pencils, erasers, spiral notebooks, and so on. Move beyond the basics with our new and improved back to school list. Here’s all the stuff we wished existed back when we… Continue reading Coolest Back-to-School Gear for Elementary School Kids

Uber’s posh electric car service is coming to more cities

Uber’s premium electric car service is arriving in more US cities, the company said. Uber Comfort Electric, which is more expensive than Uber X but not as posh as Uber Black, is now available in seven additional cities, including Las Vegas, Seattle, Portland, Denver, Austin, Philadelphia, and Baltimore. In May, Uber launched Comfort Electric in… Continue reading Uber’s posh electric car service is coming to more cities

@BMW: Sustainability at the core of the corporate strategy002148

Munich. The BMW Group continues to adhere to its ambitious sustainability targets and will reduce its CO2 emissions by 40 per cent per vehicle by 2030 across the entire value chain compared to 2019. “We are consistently driving the issue of sustainability with our innovations,” says Thomas Becker, Head of Sustainability and Mobility at the… Continue reading @BMW: Sustainability at the core of the corporate strategy002148

Mexico’s ‘Super Peso’ Shocks Traders Who Were Betting on Wipeout

(Bloomberg) — Amid the carnage in emerging-market currencies this year, there’s been a surprisingly resilient outlier: the Mexican peso. Most Read from Bloomberg It’s held up as almost every peer succumbed to the dollar’s relentless push higher, an outperformance so stark that a few analysts have taken to calling it the “super peso.” Some of… Continue reading Mexico’s ‘Super Peso’ Shocks Traders Who Were Betting on Wipeout

High Operational Costs to Hurt QuantumScape (QS) in Q2 Earnings

QuantumScape Corporation QS is slated to release second-quarter 2022 results on Jul 27, after the closing bell. The Zacks Consensus Estimate is pegged at a loss of 19 cents per share for the quarter. The estimate for loss per share has remained unchanged over the past 60 days. In the last reported quarter, this solid-state battery… Continue reading High Operational Costs to Hurt QuantumScape (QS) in Q2 Earnings

@Nio: NIO to Hold Annual General Meeting and Class Meetings on August 25, 2022000431

Jul 26, 2022 NIO to Hold Annual General Meeting and Class Meetings on August 25, 2022 SHANGHAI, China, July 26, 2022 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today published a notice to announce… Continue reading @Nio: NIO to Hold Annual General Meeting and Class Meetings on August 25, 2022000431

Why GM profits dropped 40% in the second quarter

General Motors said Tuesday it’s moving to take more control over its supply chain in response to a dismal second quarter that saw profits fall 40% year-over-year as it shifts more towards EVs. The automaker reported second-quarter net income of $1.69 billion, a 40% reduction from the $2.84 billion it earned in the same year-ago… Continue reading Why GM profits dropped 40% in the second quarter

IPS Group Introduces High-Precision Stereoscopic Vehicle Detection Sensors

New sensors integrate with IPS Single-Space Smart Parking Meters to generate turnover, increase revenue, enable complex rate structures, and maximize enforcement efficiencies. SAN DIEGO, July 26, 2022 /PRNewswire/ — IPS Group (“IPS”), a Smart Parking innovation leader, has launched the Stereoscopic Vehicle Detection Sensor as part of the Fully Integrated Smart Parking Ecosystem. The sensors integrate with… Continue reading IPS Group Introduces High-Precision Stereoscopic Vehicle Detection Sensors

KPIT bags $ 155 million worth of orders in Q1FY23

Pune-based KPIT says it bagged close to $155 million worth of orders during Q1FY23, a significant part of which came from architecture and middleware domain parts, electric powertrains, vehicle engineering and design work.  Kishor Patil, co-founder, CEO and MD, KPIT said the new engagement is pretty well balanced across the segment it operates in and will… Continue reading KPIT bags $ 155 million worth of orders in Q1FY23

Mercedes-Benz R&D India wins recognition as innovation factory

Mercedes-Benz Research and Development India (MBRDI) has been announced as a ‘Great Place to Innovate’ at the 13th edition of Zinnov Awards 2022. These annual awards recognise, honour, and celebrate the tech titans of the industry, focused on driving value creation from India across five key areas: organisation charter, culture, internal programs and processes, external linkages, and innovation metrics.… Continue reading Mercedes-Benz R&D India wins recognition as innovation factory