Technology News

Indian Carmakers Propose Relaxation Of Import Duties
Import taxes from 60% to 100% in the world's fourth-largest car market rank among the highest globally

Volkswagen: All Brands Have Halted Paid Activities On Twitter
Nov 30, 2022 09:59 PM
Volkswagen's brands have halted all paid activities on Twitter until further notice.

Bosch CEO Sees Inflation Weighing On Margins But Could Ease Chip Shortage
Nov 30, 2022 09:57 PM
Bosch sees a possible easing of the global chip shortage in the second half of 2023 if demand dips under the weight of inflation.

Redwood Materials To Supply Cathode Material To Panasonic U.S. Battery Plant
Nov 30, 2022 09:57 PM
Panasonic will buy remanufactured battery cathode material from Redwood Materials beginning in 2025.

AI Chip Startup SiMa.ai Launches Auto Business With Former Bosch, Mercedes Executive
Nov 30, 2022 09:55 PM
SiMa.ai said it is entering the automotive industry and has recruited Harald Kroeger, a former executive at top tier auto supplier Bosch and Mercedes Benz, to lead that business.

Hivemapper Starts Issuing Crypto Tokens For Vehicle Dashcam Footage
Nov 30, 2022 09:53 PM
Drivers around the world can generate cryptocurrency by installing a dashcam and sharing images with a San Francisco startup that aims to nab some buyers of street-level imagery away from Alphabet Inc's Google.

Europe Leans On Asia For 'Homegrown' EV Batteries
Nov 30, 2022 09:51 PM
With the notable exception of Sweden's Northvolt, some startups hoping to build so-called gigafactories to compete with the Asian behemoths are going for smaller plants, with the aim of attracting more investment further down the line.

Uber Shares Surge On Solid Profit Forecast As Rideshare Recovery Defies Inflation
Nov 30, 2022 09:48 PM
With cities reopening and travel booming, consumers are shifting their budgets to services, Chief Executive Dara Khosrowshahi said, compared to the two years of COVID-led lockdowns when they had limited spending to basic needs.

Bosch, Mercedes-Benz To Roll Out Fully-Automated Parking At Stuttgart Airport
Nov 30, 2022 09:47 PM
The function will be available for Mercedes-Benz customers owning an S Class or EQS produced from July 2022 onwards.

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