The company is likely to file draft papers for the initial public offering in the next couple of months, and the IPO could be launched in early 2022, one of the two people said. “They have picked up two domestic investment banks, JM Financial and ICICI Securities, to begin work on their IPO,” the person… Continue reading Indian auto marketplace Droom eyes $135m from IPO early next year
Tag: Electric vehicles
Autos & Transportation · 9:58 PM UTCExclusive: U.S. opens probe into 30 million vehicles over air bag inflatorsU.S. auto safety investigators have ope…
Heavy vehicular traffic is seen in the Ocean Beach neighbourhood of San Diego, California, U.S., ahead of the Fourth of July holiday July 3, 2020. REUTERS/Bing Guan WASHINGTON, Sept 19 (Reuters) – U.S. auto safety investigators have opened a new probe into 30 million vehicles built by nearly two dozen automakers with potentially defective Takata… Continue reading Autos & Transportation · 9:58 PM UTCExclusive: U.S. opens probe into 30 million vehicles over air bag inflatorsU.S. auto safety investigators have ope…
New Aston Martin Valkyrie Spider swoops into Monterey Car Week
If you’re the sort who thinks the Aston Martin Valkyrie isn’t exclusive enough, then the British brand has you covered with this – the new Valkyrie Spider. It was launched at an exclusive invitation-only event at the Pebble Beach Concours d’Elegance, and it’s the fastest open-topped vehicle that Aston Martin has built to date. Production… Continue reading New Aston Martin Valkyrie Spider swoops into Monterey Car Week
Aston Martin Valkyrie set for reveal in road car form at Pebble Beach
Development of the Aston Martin Valkyrie hypercar has hit a new milestone, as the firm’s engineers have begun on-road testing of the upcoming V12, mid-engined flagship. These latest pictures show the Valkyrie – due to launch in the second half of 2020 – on UK public roads, complete with a licence plate, for the very… Continue reading Aston Martin Valkyrie set for reveal in road car form at Pebble Beach
Spanish utility plans Mediterranean charging corridor for heavy-duty EVs
Spanish electric utility Iberdrola will lead a project to develop a “Mediterranean Corridor” for electric heavy-duty trucks, in collaboration with transport and logistics company Disfrimur and electronics specialist Ingeteam. The project will include the procurement of heavy-duty EVs (up to 40 tons), the development of fast charging infrastructure at Disfrimur logistics centers (which will also… Continue reading Spanish utility plans Mediterranean charging corridor for heavy-duty EVs
Ferrari unveils three-quarter-scale 250 Testa Rossa EV replica
Ferrari has teamed up with The Little Car Company to produce a 75-per-cent-scale, all-electric replica of the iconic 1957 250 Testa Rossa racer, designed for children aged 14 and up. Production will be limited to just 299 examples, each of which will cost €93,000 excluding taxes. That works out at around £79,000, which with VAT… Continue reading Ferrari unveils three-quarter-scale 250 Testa Rossa EV replica
Baidu-backed company unveils smart new energy truck
Xingtu is DeepWay’s smart new energy heavy-duty truck with a sleek, energy-efficient design. [Photo provided to chinadaily.com.cn] DeepWay, a Baidu-backed company, on Thursday night unveiled Xingtu, a smart new energy heavy-duty truck, marking Baidu’s entry into the multi-trillion-dollar global freight market. The first generation of Xingtu is designed to enable L3 self-driving on high-speed freight… Continue reading Baidu-backed company unveils smart new energy truck
CATL plans sodium-ion battery production line
Contemporary Amperex Technology Co Ltd’s booth is seen during a high-tech expo in Shanghai in June. [Photo provided to China Daily] Chinese battery giant Contemporary Amperex Technology Co Ltd will put a sodium-ion battery line into production next year, a top executive disclosed on Thursday. Meng Xiangfeng, assistant to the chairman of CATL, said in… Continue reading CATL plans sodium-ion battery production line
Honda studies the brain to develop smarter driver-assist systems
TOKYO — Honda Motor has begun exploring deep inside the human brain in an effort to develop more powerful technologies to make driving safer. In one of its latest projects, the Japanese automaker is using behavioral neuroscience to create a driver-assist system that makes driving vastly safer. By the middle of the century, Honda hopes that none… Continue reading Honda studies the brain to develop smarter driver-assist systems
Tesla ends its referral program for everything except solar roof
Tesla has now officially ended its referral program for its vehicles and everything else except its solar roof. We expect a new version of the program to launch in the near future. Tesla Referral Program For years, Tesla relied on its referral program to boost demand. The automaker doesn’t like to spend on marketing or… Continue reading Tesla ends its referral program for everything except solar roof