Porsche increase stake to 15.5 per cent in Rimac

Porsche which took 10 per cent stake in Rimac Automobil, the Coratian electric car group has raised its holdings to 15.5 per cent stake to push into battery technology.  Rimac builds its own cars but also supplies battery and hybrid technology to high-performance car makers across the industry. The German brand plans to spend €6bn…

Automous bus testing in Singapore

Singapore has unleashed a self-driving robot bus and tentatively stated to test a fleet of shuttles inits coastal district of Sentosa this week. Tan Nai Kwan, chief robotics engineer at ST Engineering systems said safety was paramount duromg the testing phase and the company is taking no chances. On the first day of the trial …

UK is falling behing in battery manfucturing

Lithium Ion batteries were developed in 1980 at Oxford University but were first commercialised by Japan’s Sony in 1991 for use in its camcorders. Anil Srivastave CEO of Swiss Battery make Leclanche, said “UK needs to focus on how to commercialise innovations made in its universities and then scale them up quickly as their a…

Hunt for new CEO

BMW CEO Harold Krueger has quit days before a board meeting that was due to decide his future due to falling profits and catch with rivals in the race to develop electric vehicles. Kruger will remain in post until a replacement is named as BMW is hunting frantically for a new CEO. Klaus Frohlich, head…

BMW to release electric car models two years early

BMW has accelerated its electric car models, in an attempt to convince investors it is capable of catching rivals in the race to sell Battery vehicles. The company plans to release 25  fully electric of hybrid models by 2023, two years earlier than previously announced and over 50 per cent of the new vehicles will…

Mammoothy introduces Pappu Zebra mascot

Kerala Superstar actor Mammooty introduced the new Pappu Zebra, the mascot of Kerala Police’s road safety awareness campaign in 3D animation through his Facebook page. The mascot created by Nandan Pillai was initially launched on June 3, 2009, and was so successful it won the International Media Safety Award for the best Road Safety awareness…

VW whistleblower sacked by GM

Whistle blower Hemanth Kappanna, an Indian engineer whose research helped to expose Volkswagen’s conspiracy to lie about its diesel cars’ emissions, was fired by US “General Motors” as part of a strategic transformation. His severance package consisted of two months’ salary and a one-way ticket to India. Kappanna returned to Bengaluru as he could not…