Northvolt announces 1,600 layoffs in Sweden, insists Quebec EV battery plant won’t be affected

Northvolt announces 1,600 layoffs in Sweden, insists Quebec EV battery plant won’t be affected

Electric vehicle battery manufacturer Northvolt says construction of a $7-billion plant on Montreal’s South Shore will proceed as planned, despite announcing on Monday its intention to lay off 1,600 employees in Sweden. The Swedish multinational said it plans to cut 1,000 jobs in Skellefteå, 400 in Västerås and 200 in Stockholm — about a fifth of its … Read more

US to propose ban on Chinese software, hardware in connected vehicles: Sources

US to propose ban on Chinese software, hardware in connected vehicles: Sources

WASHINGTON: The US Commerce Department is expected on Monday (Sep 23) to propose prohibiting Chinese software and hardware in connected and autonomous vehicles on American roads due to national security concerns, two sources told Reuters. The Biden administration has raised serious concerns about the collection of data by Chinese companies on US drivers and infrastructure … Read more

July boost in Canadian retail sales welcome, but more rate cuts needed: analysts

July boost in Canadian retail sales welcome, but more rate cuts needed: analysts

Canadian retail sales edged up in July, but economists say it will take further interest rate cuts to spark lasting activity. Statistics Canada said Friday that retail sales rose 0.9 per cent, to $66.4 billion, in July, helped by stronger new car sales. The agency says sales were higher in seven of the nine subsectors it … Read more

Celebre lo mejor del modelo Toyota Highlander con la versión Limited 25th Edition Hybrid

Celebre lo mejor del modelo Toyota Highlander con la versión Limited 25th Edition Hybrid

Toyota celebra el vigésimo quinto aniversario de su SUV pionero con el exclusivo modelo Limited 25th Edition Elegantes llantas de aleación de 20 pulgadas, apariencia interior y exterior única y detalles con logotipo vienen de serie en el modelo 25th Edition  Interior tapizado en cuero color Portobello, sistema JBL Premium Audio, asientos para siete pasajeros … Read more

Intel launches new chip to power Chinese carmakers’ advanced in-vehicle AI initiatives

Intel launches new chip to power Chinese carmakers’ advanced in-vehicle AI initiatives

Intel has launched a new graphics processing unit (GPU) for cars in mainland China, as the US chip giant doubles down on the world’s largest electric vehicle market amid its slumping growth and intense competition in advanced semiconductors. The company’s new Arc Graphics for Automotive discrete GPU, designed to power in-car artificial intelligence (AI) capabilities, … Read more

LINE-X Exceeds 10,000 Commercial Fleet Vehicles Serviced

LINE-X Exceeds 10,000 Commercial Fleet Vehicles Serviced

The Leader in Vehicle Up-fitting Surpasses Company Milestone, Continues to Focus on Growing Commercial Fleet Program CHARLOTTE, N.C., July 30, 2024 /PRNewswire/ — LINE-X, the leader in vehicle up-fitting for over 30 years, has just surpassed the milestone of 10,000 commercial fleet vehicles serviced through its LINE-X Fleet Solutions division. This comes as LINE-X puts a … Read more

Pearson Fuels celebra el Día E85 con $ 1.85 de combustible

Pearson Fuels celebra el Día E85 con $ 1.85 de combustible

SAN DIEGO, 29 de julio de 2024 /PRNewswire-HISPANIC PR WIRE/ — Los conductores de vehículos de combustible flexible pueden obtener ahorros sustanciales el 5 de agosto en la celebración del primer Día Nacional E85 de Pearson Fuels. Más de 200 estaciones minoristas de Pearson Fuels ofrecerán E85 por $ 1.85 por galón desde las 8:30a.m. del … Read more

Bond King Bill Gross Says Tesla Acting Like a Meme Stock as Shares Surge 35% in One Month

Bond King Bill Gross Says Tesla Acting Like a Meme Stock as Shares Surge 35% in One Month

“Bond King” Bill Gross is known for his aggressive bond investing strategies and is accredited with democratising the fixed-income securities market by making it accessible to all investors. He co-founded Pacific Investment Management Company (PIMCO) and worked to make it the biggest active fixed-income fund management firm globally. Before PIMCO, trading bonds were rare and … Read more

BMW recalling 44K vehicles in Canada over potentially deadly airbag issue

BMW recalling 44K vehicles in Canada over potentially deadly airbag issue

German carmaker BMW is recalling 394,000 vehicles in the United States and 44,131 vehicles in Canada due to faulty airbag inflators that could potentially cause serious or fatal injuries. The recall was reported by the U.S. National Highway Traffic Safety Administration (NHTSA) on Wednesday, and updated on Transport Canada’s website on Thursday. An airbag inflator can explode, sending potentially deadly sharp … Read more

Il rivoluzionario Avinox Drive System di DJI vince il premio Eurobike 2024

Il rivoluzionario Avinox Drive System di DJI vince il premio Eurobike 2024

Potenza ineguagliabile sui terreni con il nuovo marchio per mountain bike elettriche Amflow FRANKFURT, Germany, 4 luglio 2024 /PRNewswire/ — DJI, leader mondiale nel settore dei droni civili e nella tecnologia innovativa per fotocamere, ha presentato oggi, in occasione dell’Eurobike 2024, Avinox Drive System, l’innovativo sistema motore per e-bike che ridefinisce l’esperienza di guida delle … Read more