The similarities between the November 2018 Kaspersky Lab’s case, which was dismissed, with Huawei’s lawsuit increases the likelihood that it will meet the same fate. On Thursday, controversial Chinese telecoms equipment maker Huawei Technologies Co Ltd confirmed that it is suing the U.S. government over a section of a defense bill which became law in…
The SCG won the bid to build Tesla’s Shanghai Gigafactory which took place in December 2018. On Thursday, China’s state-owned Shanghai Construction Group (SCG) is slated to build the first phase of Tesla’s Gigafactory in Shanghai, reported the Shanghai Observer. SCG’s vice-president, Xu Jiandong was quoted by the Shanghai Observer as saying it would fully…
StaCyc Inc makes electric two-wheelers for kids. U.S. motorcycle maker Harley-Davidson Inc stated it has acquired StaCyc Inc, a maker of electric two-wheelers for kids, for an undisclosed amount. StaCyc’s ‘EDRIVE’ two-wheelers retail in the range of $649 and $699, said Harley. Harley-Davidson did not disclose the price of the deal.
Carmakers are pushing to slash R&D costs related to the design of electric battery cells so as to bring down the cost of launching electric cars. In a strategic move aimed at slashing the cost of launching electric vehicles, Daimler’s chief of research and development, Ola Kaellenius, stated, it is open to collaborating with a…
The deal is part of a much touted $110 billions arms package. As per a statement from the Pentagon, Lockheed Martin Corp is to receive the first tranche of the of an $110 billion arms package which the Trump administration had negotiated with Saudi Arabia in 2017. The first package is toward the installation a…
With a population of 1.3 billion and with more than 400 million smartphone users, India is a massive market for streaming service. In less than 7 days, Spotify Technology SA, the world’s most popular paid music streaming service, has racked up more than 1 million unique users in India across its free and premium services.…
The autonomous bus will undergo testing in the NTU’s campus for a year before moving on to public roads after taking due regulatory approvals. On Tuesday, Singapore’s Nanyang Technological University (NTU) and Sweden’s Volvo Buses unveiled a full-size autonomous electric bus for testing purposes. For Singapore, this is very strategic, given its high density. The…
Sound is emerging as a key aspect for emotions attached to electric vehicles. This is so since it is through sound that the potential customer can get feedback about the capability and potency of the car. Senior executives at the Geneva car show have revealed, with combustion engines gradually being discontinued, carmakers are dreaming up…
e.GO Mobile, a German startup, has helped develop a delivery van that is now being produced by a subsidiary of postal services group Deutsche Post. Among the startup’s other projects, it is also pursuing to bring an e-minibus to the market through a a joint venture with German automobile supplier ZF Friedrichshafen. In asgi significant…
The 7-month old electric scooter sharing startup plans on using the funds for R&D and for increasing its footprint in the EU. On Monday, VOI Technologies, an electric scooter sharing startup that is just 7 months old stated it has raised $30 million in its latest fundraising round. VOI Technologies plans on using the proceeds…
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