article thumbnail

How the IBM PC Won, Then Lost, the Personal Computer Market

Cars That Think

On 12 August 1981, at the Waldorf Astoria Hotel in midtown Manhattan, IBM unveiled the company's entrant into the nascent personal computer market: the IBM PC. The personal computer vastly expanded the number of people and organizations that used computers. With that, the preeminent U.S. and Poughkeepsie, N.Y., IBM CEO Frank T.

Personal 143
article thumbnail

IDTechEX sees battery swapping as winner in 2- and 3-wheeler markets of Asia-Pacific

Green Car Congress

Battery-swapping technology aims to address the shortcomings of conductive fast-charging. Personal cars and taxi fleets in China are now adopting this technology as well with ambitious targets set by companies for rolling out their own swap station networks. Fleet vehicles are also usually a single model.

Asia 326
article thumbnail

Stellantis launches Free2move Charge; Home, Business and GO

Green Car Congress

Stellantis launched Free2move Charge , a 360-degree ecosystem that will deliver charging and energy management to address all electric-vehicle (EV) customer needs. Managed by the new Stellantis Charging & Energy Business Unit, Free2move Charge addresses electric-vehicle customer needs at home, at work and on the go.

Charging 150
article thumbnail

NIO’s expansion into German, Dutch, Danish and Swedish markets coming with buildout of battery swap stations

Green Car Congress

This expansion follows NIO’s entry into the Norwegian market last year. NIO’s innovative CSU (Chargeable, Swappable, Upgradeable) architecture enables both charging and swapping of batteries with the ongoing opportunity to benefit from the latest battery technology or flexibility to upgrade the battery capacity.

Market 243
article thumbnail

Mercedes pay+ turns the car into a payment device; Visa technology

Green Car Congress

The portfolio of digital services and on-demand features in the Mercedes me Store is constantly expanding, offering customers the opportunity to personalize their vehicles further even after the purchase. Mercedes-Benz plans to launch Mercedes pay+ in other European markets in 2023.

Mercedes 493
article thumbnail

Tesla could be ‘passing the torch’ to this person as executives depart

Teslarati

Pat, in our absence, the torch passes to you to keep pushing to liberalize energy markets to unlock the full value of energy storage! He says his role there is primarily focused on managing Tesla’s global energy and EV charging policy, utility engagement, municipal engagement, and energy procurement efforts.

Personal 107
article thumbnail

Banks quietly raise interest rates on car, personal loans – ET Auto

Baua Electric

Several other banks have increased their personal loan rates as well. Bank of Baroda, which was charging 8.7% on auto loans last month, is charging 8.8% Union Bank of India too has hiked rates on auto loans and some of its personal loans by revising the spread over the external benchmark.