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Harley-Davidson to spin-out LiveWire electric motorcycle division as public company via SPAC; $545M in proceeds

Green Car Congress

(ABIC), a special purpose acquisition company (SPAC), have entered into a definitive business combination agreement under which ABIC will combine with LiveWire, Harley-Davidson’s electric motorcycle division ( earlier post ), to create a new publicly traded company.

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Sumitomo to acquire 25% of Hay Holding GmbH from Musashi; expanding its automotive business

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Hay is also price-competitive in its high-speed hot forging of transmission gears and other power train components, and expects to see significant future growth not only by continuing to serve a steadily growing European automobile market but also by capturing rising demand in the Chinese market.

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Tesla’s applications for Dojo in FSD, Optimus and potentially more

Teslarati

In a recent video segment about how Dojo is expected to revolutionize self-driving, however, Yahoo Finance reporter Pras Subramanian also talked about the supercomputing cluster’s potential applications beyond FSD and Optimus. The short discussion, hosted by Seana Smith, details how the Dojo system will use Tesla’s AI model to train FSD.

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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

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Electric motorcycles breakout. Sales of e-motorcycles have been increasing, but the market remains a tiny fraction of the e-bicycle and e-scooter market (5.2 million e-bicycles and e-scooters compared to about 30,000 e-motorcycles were estimated to have been sold in 2013 outside of China), Navigant says. Earlier post.).

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DOT issues discussion document on principles for a connected vehicle environment; safety as top priority

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The concept also extends to compatible aftermarket devices brought into vehicles and to pedestrians, motorcycles, cyclists and transit users carrying compatible devices, which could make these vulnerable users more visible to surrounding traffic. USDOT is receptive to all sustainable financing options that do not violate other principles.

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Tarform Luna Cafe Racer electric motorcycle unveiled  

Electric Vehicles India

Tarform Luna Cafe Racer electric motorcycle unveiled . A Brooklyn, USA based electric mobility startup Tarform Motorcycles has recently unveiled a new electric motorcycle cafe racer version of Luna named ‘Racer Edition.’ The electric motorcycle comes with a price tag of USD 24,000 which is approximately INR 17.50

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EC rolls out CARS 2020 action plan for European auto industry

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This Action Plan is based on four pillars: investing in advanced technologies and financing innovation; improving market conditions; enhancing global competitiveness; and investing in human capital and skills and softening the. The Commission is convinced that financing should cover. social impacts of restructuring.