@VW Group: The Adventurer: Pilot Jolantha Tschudi and her dream007521

04/07/2023 In 1948, Jolantha Tschudi was the first female customer of the young sports car brand Porsche. The Swiss amateur pilot who explored Africa continues to inspire us to this day with her pioneering spirit and courage. “I’m all alone with my bird; how it obeys my every command and carries me through the air.… Continue reading @VW Group: The Adventurer: Pilot Jolantha Tschudi and her dream007521

China’s auto group retracts pledge to avoid ‘abnormal pricing’

SHANGHAI (Reuters) — The China Association of Auto Manufacturers (CAAM), citing antitrust law, on Saturday retracted a pledge to avoid “abnormal pricing” made two days earlier by 16 automakers, including Tesla. Thursday’s CAAM-organized pledge by the companies, including Chinese electric vehicle (EV) makers Nio, Li Auto and Xpeng, had been interpreted by some as signaling… Continue reading China’s auto group retracts pledge to avoid ‘abnormal pricing’

‘Chinese storm’ looming over Europe’s EV sector, Renault chairman warns

AIX-EN-PROVENCE, France, July 8 (Reuters) – A “Chinese storm” is looming over Europe’s growing electric vehicle (EV) sector, Renault Chairman Jean-Dominique Senard told Reuters on Saturday, as Asia’s superpower dominates key raw materials to make batteries for zero emission cars. China’s recent decision to restrict exports of two metals – gallium and germanium – used… Continue reading ‘Chinese storm’ looming over Europe’s EV sector, Renault chairman warns

Up 29% in June, Nio Stock Looks Ready for a Bull Run

After falling consistently over the past few months, shares of Nio (NYSE: NIO) bounced back swiftly to gain a solid 28.7% in June, according to data provided by S&P Global Market Intelligence. Investors’ expectations for Nio were bleak ahead of its first-quarter report, which it delivered on June 9. Although demand for EVs in its… Continue reading Up 29% in June, Nio Stock Looks Ready for a Bull Run

China’s auto group retracts pledge to avoid ‘abnormal pricing’

[1/5]Cars drive on the road during the evening rush hour in Beijing, China, July 1, 2019. Picture taken July 1, 2019. REUTERS/Jason Lee/File Photo SHANGHAI, July 8 (Reuters) – The China Association of Auto Manufacturers (CAAM), citing antitrust law, on Saturday retracted a pledge to avoid “abnormal pricing” made two days earlier by 16 automakers,… Continue reading China’s auto group retracts pledge to avoid ‘abnormal pricing’

UAV Drones Global Market is Expected to Reach $102.7 Billion by 2030: Security Concerns to Drive Future Military UAV Deployments

DUBLIN, July 7, 2023 /PRNewswire/ — The “UAV Drones: Global Strategic Business Report” report has been added to  ResearchAndMarkets.com’s offering. The global market for UAV Drones estimated at US$33.7 Billion in the year 2022, is projected to reach a revised size of US$102.7 Billion by 2030, growing at a CAGR of 15% over the analysis period 2022-2030.… Continue reading UAV Drones Global Market is Expected to Reach $102.7 Billion by 2030: Security Concerns to Drive Future Military UAV Deployments

The story behind legendary Jeep’s name gives some fans the willies

ST. GEORGE, Utah — “Willis?” “Willie’s?” What’s in a name? People have debated the pronunciation of WWII icon Willys Jeep for decades, but the company that builds its direct descendant, the Jeep Wrangler, says, “Whatever you like. We’re good.” That’s the word from Jim Morrison, head of Jeep North America. I asked just after he showed… Continue reading The story behind legendary Jeep’s name gives some fans the willies

24 Hours of Le Mans: 100 Years of Endurance and Innovation

This year marks the 100th anniversary of the 24 Hours of Le Mans, which was first held in May 1923 to help spur innovation in the growing automotive industry by emphasizing not just speed, but also efficiency, reliability and endurance. “It is a very demanding race, and the greatest race,” said Tom Kristensen, who has… Continue reading 24 Hours of Le Mans: 100 Years of Endurance and Innovation

Guy Who Tried to Kill the Queen of England Was Encouraged by AI Chatbot

An AI chatbot was just connected to a home-cooked, “Star Wars”-inspired assassination attempt of the late Queen of England. Yes, you read that right. As The Independent reports, the sentencing for Jaswant Singh Chail, a 21-year-old who, back in 2021, attempted to assassinate the queen on Christmas Day, is officially underway. Per the report, prosecutors… Continue reading Guy Who Tried to Kill the Queen of England Was Encouraged by AI Chatbot

Hyundai Rotem Committed to Fostering Talent in Polish Defense Industry

50 Polish M.S. and Ph.D students will receive education at KAIST for 6 years until 2030 by sponsoring of Hyundai Rotem Expanding Poland-Korea people-to-people exchange to build trust that contribute to cooperation in defense industry of each country SEOUL, South Korea, July 5, 2023 /PRNewswire/ — Hyundai Rotem Company announced on July 5 that it has signed… Continue reading Hyundai Rotem Committed to Fostering Talent in Polish Defense Industry