Jaguar Land Rover cars will have built-in smart wallets through which drivers can earn IOTA coins. On Monday, Britain’s biggest auto manufacturer, Jaguar Land Rover stated, it is testing a software that allows drivers of its cars to earn the IOTA cryptocurrency as a reward for sharing data. Jaguar Land Rover is developing a “smart…
With Beijing’s policymakers and regulators intent on transitioning from fossil fuel powered vehicles to more electric vehicles, China is set to become the automotive powerhouses in the world. In a development aimed at accelerating the adoption of electric vehicles, automakers from across the globe are planning a $300 billion surge in their spending on electric…
According to Jalopnik, an auto news website, the latest investigation was prompted by a complaint from one of the automaker’s employees at the plant. Following a complaint, California’s Occupational Safety and Health Administration (Cal-OSHA) stated, it has opened a third investigation into Tesla Inc’s factory in Fremont, California. This latest case was opened on June…
This is the biggest investment to date by an automaker in the global ride-hailing sector. On Wednesday, Toyota Motor Corp stated it has agreed to invest $1 billion Grab, a Southeast Asian ride-hailing firm, as its lead investor in its current funding round which was launched after it bought Uber Technologies’ regional business. Toyota’s move…
The development is the first such investment by a U.S. automaker in the Central American country. As per a statement from the Honduran government, Green4U Technologies, a U.S. electric auto maker has signed a memorandum of understanding (MOU) with the Honduran government which stated that it will build an assembly plant in Honduras. This will…
3D printed parts are likely to be a game changer for the auto industry. In GM’s case, the adoption of AI to make parts has resulted in creating a part which is 40% lighter and 20% stronger and has significant drop in the number of components required for the part to function. Its a giant…
While automakers are racing to place electric vehicles by 2020, there is also a race to develop smarter, safer and cheaper battery technology that will power them. Honda Motor Co is weighing the idea of developing solid-state batteries for electric vehicles (Evs), with a growing number of automakers looking for ways to power next generation…
This is the reason why the automaker was forced to recall 1.2 million cars in Japan. On Wednesday, Japan’s transport ministry stated it had carried out spot inspections at two of Nissan Motor Co Ltd’s plants which produce vehicles. The development assumes significance in the wake of irregularities which forced the automaker to recall 1.2…
The U.S. automaker is planning on ramping up its electric vehicle lineup to tap increasing Chinese demand for electric vehicles. According to two high ranking sources with Ford Motors Co, the U.S. automaker is planing on overhauling its China strategy since its global “One Ford” idea is not having the required impact in China, the…
With the explosion of interest in self-driving technology, carmakers are scrambling to corner market share. As per a senior executive from the company, Ford Motor Co is considering to deploy self-driving vehicle technology in larger commercial vehicles and is working with multiple partners to deploy this strategy on autonomous vehicles on the road. “We’ve been…
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