“I am delighted to announce that I have joined Zoox as Senior Director of Talent Management. At Zoox, I will be focused on leading our People Partner, Learning & Development, and Inclusion & Diversity teams. Prior to this, I spent 25+ years at Intel in a variety of roles. I’ll always be grateful for my time there and wish Team Intel the best for the future,” Moorhead said in a post.
Tesla aims to produce vehicles with 4680 batteries starting with small volume this year in as-yet-unfinalized models, two people familiar with the matter told Reuters. One of the persons said Tesla will initially use batteries made at Tesla's pilot production line in California, adding that they are being tested in prototype vehicles.
After a weeklong hold, Tesla has restarted Model S deliveries, but the automaker never explained the reason behind the hold to customers buying the new electric vehicle.
Drones manufactured by China-based Da Jiang Innovations (DJI) Systems still pose potential threats to national security, the US Department of Defense (DOD) has stressed, refuting media reports that claimed the Pentagon had cleared DJI drones for use.
Crude steel output rose to 167.9 million tonnes in June, World Steel Association data showed on Friday, although the percentage gain was flattered by a slump last year as a result of the COVID-19 pandemic.
In a statement released shortly after midnight Detroit time on Saturday, GM said Ford's use of the BlueCruise name infringed on GM's Super Cruise trademark, as well as Cruise's trademark.
The US startup has raised about $10.5 billion to date, and did not disclose the company's valuation in its latest round of funding, which also included backing from Ford Motor Company and D1 Capital Partners.
The dispute centers on content requirements known as rules of origin that allow cars manufactured in North America to receive duty free treatment under the regional trade pact that took effect just over a year ago.
About 650 United Steelworkers union (USW) members were locked out of Exxon's Beaumont, Texas, refinery and lubricant oil plant on May 1 after a prior contract covering the 369,024 barrel-per-day (bpd) facility expired.
The annual leave is scheduled for the first two weeks of August, but some shifts will be cancelled already as of July 28, the unions said in their weekly magazine Skodovacky Odborar.
The initial deal, which was announced last month and which will see Volkswagen receive 288 million euros ($339 million) in compensation, required shareholder approval and 99.9% of investors agreed to the proposal at the group's annual general meeting.
Valeo's first-half earnings before interest, tax, depreciation and amortisation (EBITDA) rose to 1.21 billion euros ($1.41 billion) from 202 million a year earlier, while sales rose to about 9 billion euros from 7.1 billion.
Volta Trucks will work with CPC Group to develop and industrialise innovative, sustainable and recyclable composite materials to the significant volumes needed to deliver on the company’s long-term sales ambitions.
“The completion of Series C funding represents a significant step forward for UVeye and our plans to expand in Europe and the US. We have a strong team of investors and corporate partners to help us set new quality standards for vehicle inspection across a broad range of industries,” Amir Hever, CEO and co-founder, UVeye, said.
Until the pandemic flattened the economy in March 2020 and shrank the supply of both new and used vehicles, average wholesale used vehicle prices paid by dealers rose only a little every year. Average prices briefly fell in April last year, only to soar over 60% to a peak in May this year, according to data kept by Manheim, a group of auction houses where dealers buy vehicles.
Any ride made through the Lyft platform will now come with an improved search database for places and addresses, and even more accurate driver ETAs, thanks to HERE Technologies’ data solutions, HERE said.
"The semiconductor crisis, from everything I see and I'm not sure I can see everything, is going to drag into '22 easy because I don't see enough signs that additional production from the Asian sourcing points is going to come to the West in the near future," Tavares said.
TI has been ramping up its production capacity even as supply constraints persist, eyeing a boom in demand from many of its end markets. In June, TI said it would buy one of Micron's factories for $900 million, making it the company's fourth analog chip-manufacturing plant.
Brent crude fell 32 cents, or 0.4%, to $71.91 a barrel at 0347 GMT, after rising 4.2% in the previous session. U.S. West Texas Intermediate (WTI) crude fell 27 cents, or 0.4%, to $70.03 a barrel, after rising 4.6% on Wednesday.
The government updates its basic energy plan every few years. The draft is expected to be approved by the Cabinet later this year.
| Name | DIN | Designation | Date of joining | |
|---|---|---|---|---|
| Pravin Nagindas Shah | Unlock to View | Unlock to View | Director | 02 May,2015 |
| Nozar Cavas Bharucha | Unlock to View | Unlock to View | Director | 02 May,2015 |
| Rajeshwar Tripathi | Unlock to View | Unlock to View | Director | 02 May,2015 |
| Subhash Chandra Bhargava | Unlock to View | Unlock to View | Director | 23 Mar,2015 |
| Rahul Durgaprasad Asthana | Unlock to View | Unlock to View | Director | 23 Mar,2015 |
| Vijay Ramswaroop Nakra | Unlock to View | Unlock to View | Director | 28 Apr,2009 |
| Ramesh Ganesh Iyer | Unlock to View | Unlock to View | Director | 15 Nov,2006 |
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