Tesla’s Musk hands over first Model 3 electric cars to early buyers
Businessam Staff
July 29, 2017
Tesla Chief Executive Officer Elon Musk said on Friday the Model 3 had over half a million advance reservations as he handed over the first 30 to employee buyers, setting the stage for the biggest test yet of the company’s strategy to become a profitable, mass market electric car maker. Outside Tesla’s Fremont, California factory, […]
Kakao, Hyundai to cooperate on in-car speech recognition
Businessam StaffJuly 24, 2017
South Korean chat giant Kakao will cooperate with car makers Hyundai Motor and Kia Motors to apply server-based speech recognition technology to cars that utilise its AI platform Kakao I, the company announced. The technology, which was co-developed with Hyundai and Kia, will first be applied to Hyundai’s Genesis G70 model in September of this […]
Uber Nigeria partners Germaine Auto Center to service drivers’ vehicles
Businessam StaffJuly 17, 2017
Uber sealed a pact with Germaine Auto Centre, a Nigerian based auto service, and maintenance company, to provide maintenance services to its driver partners. With the partnership, which was sealed Friday, July 14, Uber driver operating in Lagos can have their cars maintained and serviced at a world-class auto facility at stipulated fees. Africa Business […]
Global automakers call on China to ease “impossible” electric car rules
Businessam StaffJuly 14, 2017
Global automakers have urged China to delay and soften planned quotas for sales of electric and hybrid cars, saying its proposals will be impossible to meet and would severely disrupt their businesses, according to a letter seen by Reuters. The June 18 letter addressed to the head of China’s Ministry of Industry and Information Technology, […]
High-tech dashboards signal big changes for auto parts suppliers
Businessam StaffJune 29, 2017
Peer at the instrument panel on your new car and you may find sleek digital gauges and multicolored screens. But a glimpse behind the dashboard could reveal what U.S. auto supplier Visteon Corp (VC.N) found: a mess. As automotive cockpits become crammed with ever more digital features such as navigation and entertainment systems, the electronics […]