CATL, CHINT to cooperate in energy, smart manufacturing fields
Shanghai (Gasgoo)- On September 26, Chinese power battery giant CATL and the smart energy solutions provider CHINT Group Co., Ltd. ("CHINT") signed a strategic cooperation agreement in Hangzhou city, Zhejiang province, marking a significant collaboration in the energy sector.Photo credit: CATLUnder this agreement, both parties will focus on strengthening cooperation in areas such as...
Hennessey’s New Engineering Boss Worked On The Mercedes-AMG One And Ford GT
Hennessey has appointed a new VP of Engineering, someone whose three decades of industry experience includes leading the development on highly respected hypercars like the Ford GT and Mercedes-AMG One. Brian Jones is that individual, the former Chief Engineer of Vehicle Development and Integration at Multimatic Special...
Toyoda Gosei invests in Pyrenee Inc., a start-up developing safe driving assist devices
Toyoda Gosei Co., Ltd. has invested1 in Pyrenee Inc., Pyrenee Inc., which is developing safe driving assistance devices to achieve safer mobility in societyToyoda Gosei Co., Ltd. has invested1 in Pyrenee Inc., Pyrenee Inc., which is developing safe driving assistance devices to achieve safer mobility in society.Pyrenee Drive, developed by Pyrenee Inc., is a retrofit device that assists the cognitive...
AutoNation Inc. makes an offer for Pendragon car dealerships
Lithia on Sept. 18 said it planned to buy Pendragon's dealership and fleet businesses in a $350 million deal. As part of that deal, Pinewood, Pendragon's dealership management system, would be transformed into a standalone software company called Pinewood Technologies. Lithia would gain about a one-sixth ownership stake in that entity. Lithia and Pinewood plan to form a joint...
The Road to Dominance: How Automated Access to Insurance Data is Steering the Automotive Sector
The automotive industry is a leader in innovation, from electric vehicles and self-driving cars to AI-driven interfaces. As automotive market demands shift, industry players, especially in the auto insurance space, are seeking ways to accelerate their operations. Embracing automation, particularly through consumer-permissioned data and automated document processing, is indispensable for insurance providers, lending institutions, car dealerships, and more, to...
Vettel in talks with Jota Porsche team about 2024 WEC drive
Jota team principal Sam Hignett confirmed to Autosport that the British operation has approached Vettel about joining its expanded two-car Hypercar class assault on the WEC in 2024 with a pair...
Carousell says on track to profitability, set to reduce losses in 2023
Secondhand goods marketplace Carousell expects to "healthily" reduce its losses this year, putting it on track to profitability, the firm's CEO told CNBC."This year, we continue to expect revenue to grow healthily. And I think in a very promising sign, we actually are going to be healthily reducing our losses this year as well," said Quek Siu Rui, co-founder...
States With The Highest And Lowest EV Adoption
While American shoppers are buying more electric vehicles than before when you look at the entire country, things are a lot different when you look at individual states. According to a new report from J.D. Power, America’s EV adoption rate varies significantly by state. J.D. Power’s...
Verstappen closes in on third title
After the first 17 rounds of the 2023 Formula 1 World Championship, Red Bull Racing's Max Verstappen is the clear leader in the title fight thanks to 13 wins. Verstappen also managed to rack up 10 wins in a row this season, which is a new F1 record. The previous record of nine was set by Sebastian Vettel in 2013,...
2024 GMC Canyon, VW Golf top this week’s new car reviews
This week we checked out the model year changes for midsize pickup trucks, revisited some favorites, including the Volkswagen GTI, and reported on why the rear seats of minivans aren't as safe as they could be, according to the IIHS. Here's what moved us. 2024 GMC Canyon review The 2024 GMC Canyon is an...
