Walmart has dropped its lawsuit against Tesla, which accused the company’s solar panels of causing fires at seven stores. Tesla engaged in “widespread negligence” as it installed more than 200 systems at Walmart stores nationwide, the original complaint said. A Walmart representative said the two companies had reached a settlement outside of the court to… Continue reading Walmart ends legal feud with Tesla after accusing the company’s solar panels of causing fires at 7 stores (TSLA, WMT)
Tag: Apple
Tesla and Walmart settle dispute over the fires at solar installations
Tesla and Walmart announced that they have settled their dispute over the fires at Tesla’s solar installations at Walmart stores that led to de-energizing 240 large solar installations. Earlier this year, we reported on Walmart filing a lawsuit that revealed several fires occurred at stores where SolarCity installed rooftop solar arrays. The lawsuit alleged that… Continue reading Tesla and Walmart settle dispute over the fires at solar installations
All-New 2020 MY Ford Taurus Launches in the GCC, Boasting Class-Leading Levels Of Comfort, Technology And Safety
JEDDAH, KSA, November 4, 2019 – With a new look, class-leading levels of comfort and refinement, and the very latest in Ford’s active and passive safety features, the all-new 2020 Ford Taurus delivers more of what large sedan buyers in the GCC really want. Ford’s flagship sedan has been completely redesigned, with a major focus on… Continue reading All-New 2020 MY Ford Taurus Launches in the GCC, Boasting Class-Leading Levels Of Comfort, Technology And Safety
Groupe PSA: #aCoffeeWithCarlosTavares Meeting n°6: Autonomy – Interview with Luc Julia – Business Wire
RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG): Excerpts: Luc Julia: “I doubt that the autonomous vehicle at level 5 will ever exist, because the level of attention of a human driver will never be reached by a machine. For example, an autonomous vehicle located in Paris Place de l’Etoile at 6 p.m. will not move… Continue reading Groupe PSA: #aCoffeeWithCarlosTavares Meeting n°6: Autonomy – Interview with Luc Julia – Business Wire
Autonomous Transportation-As-A-Service Startup CODE42 Raises USD 25 Million in Pre-A Funding
As lead investor, Kia Motors contributed USD 12.5 million to the deal. The USD 25 million investment marks one of the largest Pre-A rounds of funding for the Korean startup market, with past references typically ranging under USD 10 million. The newly raised funds will be utilized to complete development of CODE42’s core UMOS (Urban… Continue reading Autonomous Transportation-As-A-Service Startup CODE42 Raises USD 25 Million in Pre-A Funding
Ford Makeovers: Quick, Seamless Over-the-Air Software Updates Help Keep Vehicle Tech Current
In 2020, Ford will begin equipping most redesigned vehicles in the U.S. with advanced over-the-air update capability for quick and easy wireless upgrades that can help enhance quality, capability and improve the ownership experience over time while reducing dealer trips Ford becomes a leader in launching bumper-to-bumper, over-the-air updates for nearly all vehicle computer modules,… Continue reading Ford Makeovers: Quick, Seamless Over-the-Air Software Updates Help Keep Vehicle Tech Current
Ford SYNC 4 Brings New Levels of Connectivity, Voice Recognition and Fewer Cords To Make Life on the Go Easy
Ford’s available next generation of SYNC 4 communications and entertainment system brings new levels of intelligence and twice the computing power of SYNC 3 to help make navigation, music and connecting your vehicle to your smartphone faster and easier All-new cloud connectivity combines conversational voice recognition with the power of internet search results, so drivers… Continue reading Ford SYNC 4 Brings New Levels of Connectivity, Voice Recognition and Fewer Cords To Make Life on the Go Easy
VW Finance Chief outlines road map for $222-billion ambition
The seven-point plan includes strengthening individual brands such as VW, Audi and Porsche, growth in China and boosting software operations. Frankfurt: Days before production starts on Volkswagen AG’s cornerstone electric vehicle, the German manufacturer is stepping up a campaign to more than double the market value and gain investor recognition for the industry’s most ambitious… Continue reading VW Finance Chief outlines road map for $222-billion ambition
VW ramps up China electric car factories, taking aim at Tesla
FRANKFURT/ZWICKAU (Reuters) – Volkswagen AG (VOWG_p.DE) is ramping up production of electric cars to around 1 million vehicles by end of 2022, according to manufacturing plans seen by Reuters, enabling the German carmaker to leapfrog Tesla Inc and making China the key battleground. A future charging facility for autonomous vehicles using Stable robotics and Electrify… Continue reading VW ramps up China electric car factories, taking aim at Tesla
All-electric Mini Cooper SE priced starting at $29,900 in the US
The new all-electric Mini Cooper SE, the first Mini designed from the ground up as an electric car, is going to retail in the U.S. starting at $29,900 (plus an $850 Destination and Handling fee) — before any tax incentives are applied. That puts final pricing as low as around $17,900 when you consider federal… Continue reading All-electric Mini Cooper SE priced starting at $29,900 in the US