global

BHP, Rio and Vale set global design challenge

PERTH (miningweekly.com) – Majors BHP, Rio Tinto and Vale have launched a global competition for technology innovators to help develop new concepts for large-scale haul truck electrification systems to help significantly cut emissions from surface mine operations and unlock safety, productivity and operational improvements.

The Charge On Innovation Challenge is being run in partnership with Australia’s Mining Equipment, Technology and Services (METS) industry body Austmine.

The challenge is expected to attract additional interest from resource companies that maintain substantial haul truck fleets and are looking for innovative concepts to deliver electricity to large battery-electric haul trucks.​

The majors said in

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Motorcar Parts of America’s Subsidiary Gains Orders as Global Automotive Manufacturers Accelerate Electric Vehicle Development Programs

Motorcar Parts of America, Inc. (Nasdaq: MPAA) today announced its wholly owned subsidiary D&V Electronics recently received two orders valued at more than $2 million for advanced power hardware-in-the-loop testbed (p-HIL) and inverter test systems from global electric vehicle manufacturers in China and Europe. Additional terms were not disclosed.

“These orders continue a series of meaningful wins with major automotive and transportation companies that are focused on vehicle and aviation electrification. We are excited to further our successful relationships in this space and appreciate the confidence in our power hardware-in-the-loop technology represented by these orders. We look forward to future

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Tech giants bet $19B on global EV frenzy

China is shaping up to be the first real test of Big Tech’s ambitions in the world of carmaking, with giants from Huawei Technologies Co. to Baidu Inc. plowing almost $19 billion into electric and self-driving vehicle ventures widely seen as the future of transport.

While Apple Inc. has long had plans for its own car and Alphabet Inc. has Waymo, its autonomous driving unit, the size — and speed — of the move by China’s tech titans puts them at the vanguard of that broader push. The lure is an industry that’s becoming increasingly high tech as it pivots

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Plus, a Global Provider of Self-Driving Truck Technology,

  • Autonomous Trucking Technology Company Plans to Start Mass Production in 2021
  • Proprietary Full-Stack Level 4 (“L4”) Software is Behind the Decision-Making Required to Autonomously, Safely and Intelligently Drive the Vehicle
  • Post-Combination Represents Market Capitalization of $3.3 Billion for Plus
  • Plus to Add Up to Approximately $500 Million in Gross Proceeds to Accelerate Commercialization and Expand Global Operations
  • Transaction Supported by $150 Million PIPE, Including Investments From Funds and Accounts Managed by BlackRock and the D. E. Shaw Group, Among Other Institutional Investors

CUPERTINO, Calif. and NEW YORK, May 10, 2021 (GLOBE NEWSWIRE) — Plus (formerly Plus.ai) (the “Company”), a global

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China Tech Giants Bet $19 Billion on Global Electric Car Frenzy

China is shaping up to be the first real test of Big Tech’s ambitions in the world of carmaking, with giants from Huawei Technologies Co. to Baidu Inc. plowing almost $19 billion into electric and self-driving vehicle ventures widely seen as the future of transport.

While Apple Inc. has long had plans for its own car and Alphabet Inc. has Waymo, its autonomous driving unit, the size — and speed — of the move by China’s tech titans puts them at the vanguard of that broader push. The lure is an industry that’s becoming increasingly high tech as it pivots

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Global chip shortage limiting supply of cars

JACKSONVILLE, Fla. – Having trouble finding a rental car or have you noticed prices for cars has gone up? There’s a reason for that: Car manufacturers just don’t have the supply.

So while the Jacksonville International Auto Show will be packed with cars, that’s not the case necessarily on car lots. A global shortage of microchips is a major reason for this.

The microchips are needed for all that tech inside cars. From driver’s assistance to airplay, they’re even needed for the car’s engine.

When the pandemic hit, automakers canceled their orders for the microchips, and now that people are

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