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Mazda strengthens AI tie-up with Secondmind
The partnership between Secondmind and Mazda to develop artificial intelligence innovations has been extended. The solutions being developed by the two companies are said to tackle some of the highest complexity problems in automotive design and engineering, and will be deployed commercially. As part of the reaffirmed partnership, Mazda has joined a new US$16m funding round…
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Executive Motors Limited announces arrival of the first-ever brand-new BMW i7 in Bangladesh
Executive Motors Limited, the exclusive and authorized dealer of BMW vehicles in Bangladesh, is thrilled to announce the launch of the highly anticipated first-ever brand-new BMW i7 eDrive50. This groundbreaking electric vehicle (EV) marks a new era of sustainable and luxurious mobility in Bangladesh starting price from Tk3 crore. The first-ever BMW i7 eDrive50 is…
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Edmunds tests the best automotive hands-free driving systems
NICK KURCZEWSKI November 29, 2023 at 7:24 AM While fully automated vehicles are still a ways off, the stepping stone of hands-free driving technology has become prevalent in the past few years. These assist systems allow drivers to take their hands off the steering wheel in certain situations. Combined with automated braking and acceleration, the…
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Why subjective vehicle evaluation is an amusing cost generator
Very few consumers will be aware of the intricate craftsmanship that goes into each vehicle to achieve the defined attribute targets. Chris Tandy, wheel and tire technical specialist system engineer at CEVT, discusses the sophistication of vehicle attributes target testing and when to call it a day What are vehicle development and attribute targets? Basically,…
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MDOT, City of Detroit and Electreon unveil nation’s first public EV-charging roadway at Michigan Central
Mayor Duggan among those welcoming the future of roads to Michigan Technology charges EVs while they drive across the chargers imbedded in the pavement Deputy Mayor Todd Bettison, Michigan Department of Transportation (MDOT) Director Brad Wieferich and other partners celebrated a major milestone in the future of mobility and electrification today at the Michigan Central…
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Innoviz Technologies Announces Participation in Upcoming Investor Conferences
TEL AVIV, Israel, Nov. 29, 2023 /PRNewswire/ — Innoviz Technologies Ltd. (Nasdaq: INVZ) (the “Company” or “Innoviz”), a leading Tier-1 supplier of high-performance, automotive grade LiDAR sensors and perception software, today announced its participation in the following upcoming investor conferences: Barclays Global Automotive and Mobility Tech Conference – Senior management will hold individual virtual meetings with investors, and…
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Waymo self-driving cars are about to take over your city
This is the most advanced fully autonomous driving technology on the road today. Called Waymo One, it’s a ride-hail service driven by AI, and it’s already being used in a handful of cities across North America. Supercar Blondie’s Alex Hirschi just flew to San Francisco to check it out, and it’s seriously impressive. READ MORE!…
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GM Reinstates 2023 Earnings Guidance and Announces a $10 Billion Accelerated Share Repurchase Program and 33% Dividend Increase Starting in 2024
DETROIT, Nov. 29, 2023 /PRNewswire/ — General Motors Co. (NYSE: GM) announced today it is reinstating its full-year 2023 earnings guidance. In addition, the company announced a $10 billion accelerated share repurchase (ASR) program and its intention to increase its common stock dividend by 33% beginning with the January 2024 declaration. “GM will deliver very strong…
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FREYR Battery Provides Operations Update
NEW YORK & OSLO, Norway & LUXEMBOURG–(BUSINESS WIRE)–Nov 29, 2023– FREYR Battery (NYSE: FREY) (“FREYR” or the “Company”), a developer of clean, next-generation battery cell production capacity, has provided an update this morning on the company’s operational progress at the Customer Qualification Plant (“CQP”) in Mo i Rana, Norway.
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Carvana Expands Same Day Delivery Offering to Central Florida Residents
#inform-video-player-1 .inform-embed { margin-top: 10px; margin-bottom: 20px; } #inform-video-player-2 .inform-embed { margin-top: 10px; margin-bottom: 20px; } TAMPA, Fla.–(BUSINESS WIRE)–Nov 29, 2023– Carvana (NYSE: CVNA), an industry pioneer for buying and selling used cars online, today announced its expansion of same day delivery to Central Florida Customers. Now Central Florida residents can receive their vehicle within…