For years, we’ve been promised a near future in which cars drive themselves as well as a human motorist — while their occupants scroll through Twitter or browse Netflix in a cozy cabin with comfy seats. That dream, formally known as Level 5 autonomy, is probably still many years out — but Tesla CEO Elon Musk… Continue reading Elon Musk Brags That Tesla Is “Very Close” to Full, Level 5 Self Driving
Tag: Electric vehicles
Karma And PATEO Announce Strategic Partnership To Develop Automotive Technologies
IRVINE, Calif., July 9, 2020 /PRNewswire/ — Karma Automotive, the Southern California-based luxury electric vehicle manufacturer and the developer of advanced technologies in automotive industry, and PATEO, an IoV (input/output virtualization) enterprise combining the best of internet/consumer electronics and automotive, have partnered to integrate the PATEO Qing Mobile solution as a Proof of Concept (“POC”)… Continue reading Karma And PATEO Announce Strategic Partnership To Develop Automotive Technologies
Exclusive: Electric car maker Fisker eyes deal to go public: sources
(Reuters) – Electric vehicle maker Fisker Inc is in talks to go public through a sale to a so-called blank-check acquisition company, modeled after a successful deal earlier this year by peer Nikola Corp, people familiar with the matter said on Thursday. Nikola shares are up more than 60% since it went public last month… Continue reading Exclusive: Electric car maker Fisker eyes deal to go public: sources
VW’s labour chief sees no need for more cost cuts
FILE PHOTO: Head of Volkswagen works council Bernd Osterloh addresses the media after a supervisory board meeting at the Volkswagen plant in Wolfsburg, Germany November 15, 2019. REUTERS/Fabian Bimmer/File Photo FRANKFURT (Reuters) – Volkswagen’s (VOWG_p.DE) labour chief Bernd Osterloh has been on a roadshow to tell analysts and investors the carmaker has no need for… Continue reading VW’s labour chief sees no need for more cost cuts
Daimler shareholders support strategic direction with vast majority
STUTTGART, Germany, July 9, 2020 /PRNewswire/ — Shareholders approved all items on the agenda at the virtual Annual Meeting Actions of the members of the Board of Management ratified with 96.60% of the votes cast Actions of the members of the Supervisory Board ratified with 88.45% of the votes cast Manfred Bischoff, Chairman of the… Continue reading Daimler shareholders support strategic direction with vast majority
Tesla ‘very close’ to full self-driving, Musk says
Tesla will be able to make its vehicles completely autonomous by the end of this year, founder Elon Musk has said. It was already “very close” to achieving the basic requirements of this “level-five” autonomy, which requires no driver input, he said. Tesla’s current, level-two Autopilot requires the driver to remain alert and ready to… Continue reading Tesla ‘very close’ to full self-driving, Musk says
@Tata-JLR: JAGUAR LAND ROVER REPORTS Q1 FISCAL 2020/21 RETAIL SALES
Jaguar Land Rover is the UK’s largest automotive manufacturer, built around two iconic British car brands. Land Rover is the world’s leading manufacturer of premium all-wheel-drive vehicles. Jaguar is one of the world’s premier luxury marques, as well as being the first ever brand to offer a premium all-electric performance SUV, the Jaguar I-PACE. At… Continue reading @Tata-JLR: JAGUAR LAND ROVER REPORTS Q1 FISCAL 2020/21 RETAIL SALES
CleanSpark, Inc. and ReJoule Awarded $2.9 Million Dollar Second-Life EV Battery Grant with Support from Ford Motor Company
SALT LAKE CITY and STANTON, Calif., July 9, 2020 /PRNewswire/ — CleanSpark, Inc. (Nasdaq: CLSK), a diversified software and services company, and ReJoule, a battery diagnostics and optimization company announced that they have been awarded a grant from the California Energy Commission. The grant is approximately $2.9 million and is slated to be deployed over the next 30… Continue reading CleanSpark, Inc. and ReJoule Awarded $2.9 Million Dollar Second-Life EV Battery Grant with Support from Ford Motor Company
Covid-19 Impact: OEM’s control in product design to reduce; suppliers role likely to increase
In an ETAuto CXO Roundtable in association with Siemens, a battery of industry magnates discussed the potential changes in the ways of collaborating and how partnerships will create a recipe for cost effective success in post-COVID era. (Image: FormTrends) New Delhi: In this pandemic situation, many businesses across the automobile industry are thinking about how… Continue reading Covid-19 Impact: OEM’s control in product design to reduce; suppliers role likely to increase
@BMW: Raw material supplies for battery cells: BMW Group sources sustainable cobalt worth around 100 million euros from Morocco
Munich. The BMW Group is driving the expansion of electromobility and sourcing the cobalt it needs as a key raw material for battery cells directly. Recently the BMW Group signed a supply contract with Moroccan mining company Managem Group. “The contract has a volume of around 100 million euros,” said Andreas Wendt, member of the… Continue reading @BMW: Raw material supplies for battery cells: BMW Group sources sustainable cobalt worth around 100 million euros from Morocco