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Huawei to invest in electric cars and self-driving tech

Huawei is the latest Chinese tech giant to announce its intentions to compete in the automotive sector at the same level as the established automakers.

In a presentation to analysts on Monday, Huawei Co-Chairman Eric Xu said the company planned to invest in electric vehicles and self-driving technology, Bloomberg reported.

Xu’s comments were made just a week after Chinese smartphone giant Xiaomi said it planned to launch its own cars. Chinese search engine giant Baidu in January also announced a plan to launch cars.

Huawei is already a leader in self-driving technology, with its prototypes already able to handle complex

By Ferdian Syah 9 mins ago

Automotive

The semiconductor shortage is here to stay, but it will affect chip companies differently

This article is part of a series tracking the effects of the COVID-19 pandemic on major businesses and sectors. For other articles and earlier versions, go here.

A global shortage of semiconductors — chips that power massive data-centers, modern autos and countless digital devices — has roiled global manufacturing and is not expected to end soon. It isn’t a blanket problem, however, as different sectors within the chip industry will continue to be affected by the shortage in different ways.

As the industry entered 2020, high demand was expected in the mobile chip area because of the rollout of 5G

By Ferdian Syah 4 hours ago

Next-Gen Mahindra Scorpio’s Alloy Wheel Design Revealed In New Spy Shots

The next-gen Scorpio will get a much more premium cabin than the current model, and will likely be loaded up to the brim with new features

The Scorpio continues to exist in its first-gen avatar, however, keeping in mind the rising competition in the SUV space, Mahindra is set to introduce a generational update for the car. The homegrown manufacturer has confirmed that the new-gen Scorpio will be launched by the end of this year, and ahead of its launch, the car continues to be tested on public roads.

The latest set of spy images of the next-gen Scorpio reveal

By Ferdian Syah 4 hours ago

Vehicle

Kroger partner Ocado is on the road to robotic grocery delivery with autonomous-vehicle investment

High-tech supermarket and logistics group Ocado is pushing toward a future where, from warehouse to doorstep, groceries will be handled by robots.

The British group, a grocery delivery rival to online retail giant Amazon
AMZN,
+0.60%
in the U.K. and joined with grocer Kroger
KR,
-0.22%
in the U.S., will invest £10 million ($13.8 million) in a commercial partnership with Oxbotica, an autonomous vehicle software company, the company said on Friday.

Shares in Ocado
OCDO,
+1.87%
climbed near 2% on the day, helping London’s blue-chip FTSE 100
UKX,
+0.52%
index top 7,000 for the first time in more than a

By Ferdian Syah 4 hours ago

Transportation

Biden’s infrastructure plan: What it could mean for NC roads

WASHINGTON

Vice President Kamala Harris is coming to North Carolina on Monday to tout the benefits of President Joe Biden’s $2 trillion infrastructure proposal.

But what could the extensive policy mean for the state?

The administration has not released specific projects that could be funded and Congress, as it begins to write the legislation, is unlikely to include that level of specificity, either.

If the proposal becomes law — and it has a long way to go before that happens — states and localities could apply for grants for their own projects, allowing them to prioritize and pitch their own

By Ferdian Syah 5 hours ago

Mercedes-Benz Makes a Major Debut: Its First Ultra-Luxury All-Electric Car

The new 2022 Mercedes-EQ EQS is the eco-friendly equivalent of the iconic S-Class. “Not just an impressive vehicle, it’s a commitment to a more balanced world,” says James Cameron.

While you can throw a stone and hit a Mercedes-Benz S-Class in a valet line in this town, even with everything being halfway open, there is as yet no all-electric, all-luxury Mercedes-Benz you can drive off the dealer lot right now. That time, though, is coming with the introduction today of the all-new 2022 Mercedes-EQ EQS, the all-electric equivalent of the S-Class and the biggest bet for Mercedes since the brand

By Ferdian Syah 9 hours ago

The semiconductor shortage is here to stay, but it will affect chip companies differently

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Trending Week

Huawei to invest in electric cars and self-driving tech

The semiconductor shortage is here to stay, but it will affect chip companies differently

Next-Gen Mahindra Scorpio’s Alloy Wheel Design Revealed In New Spy Shots

Kroger partner Ocado is on the road to robotic grocery delivery with autonomous-vehicle investment

Huawei to invest in electric cars and self-driving tech

The semiconductor shortage is here to stay, but it will affect chip companies differently

Next-Gen Mahindra Scorpio’s Alloy Wheel Design Revealed In New Spy Shots

The next-gen Scorpio will get a much more premium cabin than the current model, and will likely be loaded up to the brim with new features

Kroger partner Ocado is on the road to robotic grocery delivery with autonomous-vehicle investment

Biden’s infrastructure plan: What it could mean for NC roads

Mercedes-Benz Makes a Major Debut: Its First Ultra-Luxury All-Electric Car

The new 2022 Mercedes-EQ EQS is the eco-friendly equivalent of the iconic S-Class. “Not just an impressive vehicle, it’s a commitment to a more balanced world,” says James Cameron.