Transportation
“We are making farming and construction easier, more productive, and more sustainable by giving our customers smart machinery that helps them make informed decisions,” he added. New Delhi: CNH Industrial has completed its purchase of the global satellite navigation technology leader Hemisphere GNSS (Hemisphere) for a total consideration of USD 175 million – as announced…
Honda, the maker of the Prologue electric SUV, has teamed up with Mitsubishi Corporation, Japan’s largest trading company, to maximize the value of EVs, as well as to repurpose old electric car batteries. The two entities signed a memorandum of understanding (MoU) yesterday to start discussions for creating two new business models that will primarily…
Tesla is reportedly sourcing some stainless-steel panels for the exterior of the Cybertruck from Finland-based company Outokumpu, according to people familiar with the matter cited by Bloomberg. The unnamed sources said the supplier, which has worked to with Tesla to accommodate the Cybertruck‘s unconventional design, will ship the materials to EV maker’s factory in Austin,…
Ashok Leyland has been the choice of TN STUs as they have more than 18,000 Ashok Leyland buses operational in their fleets, comprising over 90% of the total fleet. New Delhi: Ashok Leyland, the Indian flagship of the Hinduja Group and leading commercial vehicle manufacturer, on Friday announced that it has bagged an order from…
Tesla has entered the American alcoholic beverage market with a new pack that includes a pair of the so-called CyberBeer and a pair of custom steins carrying the CyberStein name. This isn’t the first time the Elon Musk-led electric car maker has sold a branded beer in its online shop, but it is the first…
The US multinational has pledged the largest investment under the Indian Semiconductor Mission (ISM) of USD 2.75 billion to set up an assembly, testing, marking and packaging (ATMP)plant in Gujarat. New Delhi: Karnataka IT/BT Minister Priyank Kharge on Thursday sought to play down the US chipmaker Micron Technology’s investment in Gujarat as a “scripted story…
New electric vehicles sold in the United States have become less expensive in the last 12 months, according to Kelley Blue Book’s latest report, with the average transaction price (ATP) of a new EV going down more than 22 percent in September compared with the same month last year. Tesla played a big role in…
Wang told reporters that it was her understanding the waiver extension had been extended for TSMC too, though she did not give details. Taiwanese chipmaker TSMC has received from the United States a waiver extension to supply U.S. chip equipment to the company’s factories in China, Taiwan Economy Minister Wang Mei-hua said on Friday. Last…
Ultium Cells, the joint venture between General Motors and LG Energy Solution that manufactures electric vehicle battery cells, is facing up to $270,000 in fines after investigators from the US Department of Labor’s Occupational Safety and Health Administration (OSHA) found several violations at the company’s factory in Warren, Ohio. Federal investigators looking into the cause…
In September, Hana Micron, also from South Korea, opened a USD 600 million packaging factory in Bac Giang province. South Korean semiconductor giant Amkor opened a new USD 1.6 billion packaging factory in Vietnam on Thursday, as the Southeast Asian nation looks to cash in on the global rush for microchips. The company hosted a…
