@Geely: Geely Auto 2019 Financial Results Released Showing Revenue of 97.4 Billion and Increased Market Share

Geely Automobile Holding Ltd. (HK.0175) 2019 revenue reach 97.4B RMB Net profit reached 8.26B RMB with profit attributable to stockholders at 8.19B RMB Geely Auto continues to be the top selling Chinese auto brand for the third consecutive year with sales of 1.362 million units. Market share in 2019 increased from 6.2% to 6.5% Geely… Continue reading @Geely: Geely Auto 2019 Financial Results Released Showing Revenue of 97.4 Billion and Increased Market Share

Mullen Technologies Adds Engineering And Finance Depth As Business Scales

BREA, Calif. (Nov.19th, 2019) – Mullen Technologies is pleased to announce the addition of key employees to its Engineering and Finance teams.  Mullen has been aggressively growing and gaining traction in multiple areas of their EV strategy and plan.  Mullen is proud to welcome the following individuals: Joe Dean – CTO & Chief Engineer Joe… Continue reading Mullen Technologies Adds Engineering And Finance Depth As Business Scales

Ford CEO Jim Hackett earns $17.4M in 2019, executive team gets pay raises

CLOSE Ford CEO Jim Hackett received total compensation of nearly $17.4 million in 2019, slightly down from nearly $17.8 million in 2018, according to documents the company released Friday. The Dearborn-based carmaker reported Hackett’s pay was 157 times more than the median compensation for all U.S.-based Ford employees. Jim Hackett, CEO of Motor Company, is pictured here… Continue reading Ford CEO Jim Hackett earns $17.4M in 2019, executive team gets pay raises

Ford CEO Jim Hackett received $17.36 million in compensation in 2019

Ford Motor Co. CEO Jim Hackett in 2019 received $17.36 million in total compensation, the Dearborn automaker reported in a Friday filing with the Securities and Exchange Commission. Hackett’s income last year, his second full year as CEO, fell 2.2% from the $17.75 million the chief executive was paid in 2018. While Hackett’s base salary was steady at $1.8 million and his stock awards were… Continue reading Ford CEO Jim Hackett received $17.36 million in compensation in 2019

@Toyota: Toyota Motor Corporation, Chubu Electric Power and Toyota Tsusho Corporation Establish Renewable Energy Business in Japan

Toyota Motor Corporation (head office: Toyota City; President and Representative Director: Akio Toyoda), Chubu Electric Power Co., Inc. (head office: Nagoya City; President & Director: Kingo Hayashi), and Toyota Tsusho Corporation (head office: Nagoya City; President & CEO: Ichiro Kashitani) have concluded an agreement to establish Toyota Green Energy LLP (Toyota Green Energy) to obtain… Continue reading @Toyota: Toyota Motor Corporation, Chubu Electric Power and Toyota Tsusho Corporation Establish Renewable Energy Business in Japan

Using automated data augmentation to advance our Waymo Driver

To help safely navigate the complexities of the road, our self-driving technology needs to see and identify what’s around it. To perceive its surroundings, the Waymo Driver relies on our powerful custom sensor suite of lidar, cameras, and radars, while neural nets empower the “brain” of our self-driving system to understand the sensor data and… Continue reading Using automated data augmentation to advance our Waymo Driver

Veoneer and Volvo Cars to Split Joint Venture to Pursue Separate ADAS and Autonomous Driving Strategies

STOCKHOLM, Sweden, April 2 , 2020 /PRNewswire/ — The automotive technology company Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), have following a strategic review, entered into a non-binding agreement with Volvo Cars to split their 50/50 joint venture Zenuity.   The parties have agreed in principle that Veoneer will integrate and operate the current… Continue reading Veoneer and Volvo Cars to Split Joint Venture to Pursue Separate ADAS and Autonomous Driving Strategies

@Tata: Tata Motors Limited today announced its sales in the domestic & international market, for the month of March 2020

1 April, 2020 Efforts to mitigate COVID-19 impact underway; BS IV ecosystem inventory near zero Tata Motors Limited today announced its sales in the domestic & international market, for the month of March 2020, which stood at 12,924 vehicles, compared to 74,679 units during March 2019. Domestic Sales Performance: Category Mar’ 20 Mar’ 19 %… Continue reading @Tata: Tata Motors Limited today announced its sales in the domestic & international market, for the month of March 2020

Nidec to acquire the Delta production line from Secop Austria

KYOTO, Japan, April 01, 2020 (GLOBE NEWSWIRE) — Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today that the Company has signed a definitive agreement with Secop Austria GmbH (“Secop”) on March 31, 2020, by which Nidec will acquire the Delta production line from Secop (“the Transaction”) through the Company’s sub-subsidiary… Continue reading Nidec to acquire the Delta production line from Secop Austria