Xpeng’s Gu says robotaxis won’t be a real business for at least five years

A Xpeng G9 is displayed at a store in a mall in Beijing on Feb. 29, 2024. Wang Zhao | AFP | Getty Images BEIJING — Self-driving taxis won’t be a significant business for at least five years, Xpeng Vice Chairman and Co-President Brian Gu said Thursday. That prediction comes as Elon Musk has promoted… Continue reading Xpeng’s Gu says robotaxis won’t be a real business for at least five years

Geely-backed luxury EV brand Zeekr says it’s already beating Tesla in parts of China

Pictured here is the Zeekr 001 electric car at a services trade fair in Beijing on Aug. 31, 2023. China News Service | China News Service | Getty Images BEIJING — Chinese electric car brand Zeekr is selling more vehicles than Tesla in parts of China, and plans to expand in Europe and Latin America… Continue reading Geely-backed luxury EV brand Zeekr says it’s already beating Tesla in parts of China

Tencent unveils smart mobility system for automakers

Dowson Tong, Tencent’s senior executive vice-president and CEO of Tencent’s cloud and smart industries group. [Photo provided to chinadaily.com.cn] Chinese internet company Tencent Holdings launched its large model for vehicles on Wednesday. The company said it has offered its autonomous driving cloud solutions to companies such as Mercedes-Benz, Bosch, Nvidia and Nio. Tencent, which reiterated… Continue reading Tencent unveils smart mobility system for automakers

European truck giant eyes opportunities in China’s high-quality development

A truck by Swedish company Scania pictured at the IAA Commercial Vehicles Fair in Hanover, Germany on Sept 19, 2018. [Photo/VCG] BEIJING — Leading European truck manufacturer Scania is actively targeting the Chinese market to leverage significant opportunities amid China’s broader push for high-quality development, according to the president of the company’s China unit. Speaking… Continue reading European truck giant eyes opportunities in China’s high-quality development

Nevs Emily GT rescuer buys factory in Italy; first EVs due this year

The Nevs Emily GT, a 621-mile electric saloon developed by former Saab engineers in Sweden, could enter production within the next few years. The project was rescued from a financially enforced ‘hibernation’ last December by Canadian start-up EV Electra, and its CEO has now claimed to have bought a factory in Italy.  CEO Jihad Mohammad posted on LinkedIn: “Yes,… Continue reading Nevs Emily GT rescuer buys factory in Italy; first EVs due this year

D.Law Joins L.A. Times Panel to Share Legal Insights

LOS ANGELES, April 24, 2024 /PRNewswire/ — Emil Davtyan, Founder and Managing Attorney at D.Law, recently joined a panel of legal experts to provide insights on the changing landscape of labor and employment issues. Organized by the Los Angeles Times and published in their March 25, 2024 edition, the Labor & Employment Law panel answered a… Continue reading D.Law Joins L.A. Times Panel to Share Legal Insights

1.136 billion in turnover, 6.7 per cent more customers and 247 new products at the Hannover Messe

After two years of rapid growth totalling 57 per cent, igus was able to maintain its billion-euro turnover in 2023 despite the challenging global economic situation. In 2024, the company will invest in 247 new motion plastics products and digital services. More favourable and better solutions for lubrication-free movements, low-cost automation and CO2-reducing products are… Continue reading 1.136 billion in turnover, 6.7 per cent more customers and 247 new products at the Hannover Messe

1.136 billion in turnover, 6.7 per cent more customers and 247 new products at the Hannover Messe

After two years of rapid growth totalling 57 per cent, igus was able to maintain its billion-euro turnover in 2023 despite the challenging global economic situation. In 2024, the company will invest in 247 new motion plastics products and digital services. More favourable and better solutions for lubrication-free movements, low-cost automation and CO2-reducing products are… Continue reading 1.136 billion in turnover, 6.7 per cent more customers and 247 new products at the Hannover Messe

Torque Sensors Market Size to Grow USD 11810 Million by 2029 at a CAGR of 4.5% | Valuates Reports

BANGALORE, India, April 25, 2024 /PRNewswire/ — Torque Sensors Market is Segmented by Type (Reaction Torque Sensor, Rotary Torque Sensor, Super Acoustic Wave (SAW) Torque Sensor, Optical Torque Sensor), by Application (Automotive, Manufacturing, Aerospace and Defense, Healthcare) The Global Torque Sensors Market size is expected to reach US$ 11810 million by 2029, growing at a CAGR of… Continue reading Torque Sensors Market Size to Grow USD 11810 Million by 2029 at a CAGR of 4.5% | Valuates Reports

Startups Say India Is Ideal for Testing Self-Driving Cars

Former Uber CEO Travis Kalanick famously said, after experiencing New Delhi’s chaotic roads, that India will be the last place in the world to get self-driving cars. But a handful of startups think the country could be the perfect testbed for creating autonomous vehicles that can handle anything. A recent video from Bhopal-based startup Swaayatt… Continue reading Startups Say India Is Ideal for Testing Self-Driving Cars