ニュース Science Applications International
This tiny $4,400 EV with 23 horsepower that can seat 4 is outselling the Tesla Model 3 in China (TSLA, GM)02 May, 12:37, Business Insider • 拡大
Summary List Placement A tiny bargain-bin electric car is outselling the Tesla Model 3 in one of the US carmaker's most crucial markets. In March, the Wuling Hong Guang Mini EV was China's most popular EV, selling 39,745 units, according to the China Passenger Car Association. That's compared to just over 25,000 of Tesla's best-selling Model 3 sedans sold over the same period. The Mini EV was launched in July through a joint venture between GM and two Chinese companies: Wuling and SAIC. The model starts at the equivalent of around $4,400, but a fully-loaded version will run you closer to $6,000. The tiny hatchback is just under 115 inches long and roughly 59 inches wide. For reference, a Fiat 500 is around 140 inches long. The Mini EV is closer to the size of a Smart ForTwo. It has around 26 cubic feet of cargo space, roughly the same as a Fiat 500. Wuling says it can fit a stroller or two small suitcases. That's with the rear seats folded down. Yes — believe it or not, the Mini EV does have room for four passengers.
The EV race is on as the 19th annual Shanghai Auto Show delivered a ton of new electric and tech-centric models this week. Chinese, European and U.S. automakers showed off their latest offerings in every price segment, showing us that an all-electric future is closer than ever. New Models Revealed At The Shanghai Auto Show Volkswagen Group (OTC: VWAGY )-owned Audi shared the spotlight with its Chinese partner companies FAW and SAIC, showing four world premieres: the Audi A6 e-tron concept vehicle, an updated Audi Q5L, the Audi A7L and an SUV study named Audi concept Shanghai which is still under wraps. Volkswagen used the opportunity to reveal its third EV in its ID line, the VW ID.6, which is designed specifically for the Chinese market. Xpeng Inc (NYSE: XPEV ) revealed its third vehicle. Warren Buffet-backed BYD is seeing sales increasing steadily on the "Han" the luxury electric sedan series that launched last year. The line has been named after China's Han dynasty and this flagship series consists of three electric vehicles and one hybrid.
Luminar's stock could gain 40% as it racks up partnerships for its autonomous vehicle lidar technology, BofA says (LAZR)20 Apr, 20:54, Business Insider Markets • 拡大
Summary List Placement Luminar Technologies appears to be a leader in next-generation commercial lidar technology as evidenced by its automotive partnerships, according to Bank of America. On Tuesday a team of analysts led by Aileen Smith initiated coverage of the autonomous vehicle technology company with a "neutral" rating and $23 price target, a roughly 40% gain from current levels. Luminar Technologies uses laser sensors, called lidar, that enable autonomous driving . Luminar's stock price soared 110% to over $47 in the first three days following its public debut back in December, but has fallen significantly since then. However, BofA sees upside for Luminar in the next 12 months, especially because of the company's promising partnerships with major auto companies. Luminar currently has series production contracts on passenger vehicles with Volvo and SAIC, a strategic agreement on trucking/logistics with Daimler Truck/Torc, and a sales agreement for LIDAR into robo-taxi AV solutions with Mobileye, the analysts noted.
Science Applications International Corp (NYSE: SAIC ) bagged a single-award contract worth $800 million to continue providing engineering and professional support services to the U.S. Army Combat Capabilities Development Command, Aviation … Full story available on Benzinga.com
Momenta, a Chinese self-driving car start-up, has received $500m from SAIC Motor, Toyota Motor and auto parts supplier Bosch Read More…
The new funds will be used to expand the company's workforce and help it gather data to improve future technologies.
Chinese autonomous driving startup Momenta said on Friday it has received $500 million from SAIC Motor, Toyota Motor and auto parts supplier Bosch, as the global auto industry pursues the autonomous future.
Laser lidar startup Luminar, founded and led by the youngest self-made billionaire tracked by Forbes, will supply high-tech sensors and software to Chinese auto giant SAIC Motor Corp. for its new line of electric R brand vehicles. Vehicles using the Silicon Valley company’s tech are to be on the road next year and able to drive autonomously on the highway.
SAIC, which is partnered in China with General Motors Co (GM) and Volkswagen AG (VW), plans to install Luminar's lidar sensors and software next year ..
SAIC Motor Corp, China's largest automaker, said Thursday it plans to begin offering self-driving vehicles in that market in 2022, in partnership with U.S. lidar maker Luminar Technologies.
Volvo has missed a trick, and sullied its name by not being the first to make an all-electric station wagon (that’s an estate car for you Brits). In fact, that title has gone to MG, the formerly British brand that’s now owned by China’s SAIC. Called the MG5, the electric wagon is due for a European release in October this year. Details are pretty sparse right now, but MG says that more will be announced closer to the car’s official launch. MG has announced the most important detail, though, it’s trunk (boot) size. The British-Chinese brand says the rear storage… This story continues at The Next Web
RESTON, Va.--(BUSINESS WIRE)--Science Applications International Corp. (NYSE: SAIC) announced today the appointment of Dr. Garth Graham, director and global head of Healthcare and Public Health Partnerships at YouTube and a former U.S. Deputy Assistant Secretary of Health at the Department of Health and Human Services, to the company’s board of directors, effective March 15. “We are excited to welcome Dr. Graham to SAIC’s board of directors. He is a leading authority on social determinants of h
RESTON, Va.--(BUSINESS WIRE)--The U.S. Navy awarded Science Applications International Corp. (NYSE: SAIC) a prime contract worth approximately $120 million to provide mission engineering and integration support to produce, test and deliver MK48 heavyweight torpedo fuel tanks for the Naval Undersea Warfare Center Division Keyport. The firm-fixed-price contract was awarded and began in October 2020 and has an 18-month base period of performance with four option years. In support of the Naval Unde
New Delhi, February 22 The government has set up a coordination committee comprising officials from the Ministries of Home, External Affairs and Commerce, besides the Niti Aayog, for case-by-case vetting of Chinese foreign investment proposals stuck for nearly a year. $2 billion at stake 150 Chinese proposals are on hold since April 2020 Are worth $2 billion; include those routed by Japanese and US firms via Hong Kong The plan is to divide the proposals into sensitive and non-sensitive categories The plan is to divide the proposal into sensitive and non-sensitive categories. There could be faster clearances for proposals from automobiles, electronics, chemicals and textile sectors while the ones in sensitive categories, such as data generation and finance, may see slower clearances. Among the proposals is a car plant to be set up by US giant General Motors in collaboration with Chinese firm Great Wall ($1 billion investment). SAIC, owner of UK brand MG Motor, plans to invest $250 million.
Tribune News Service New Delhi, February 22 The government has set up a coordination committee comprising officials from the Ministries of Home, External Affairs and Commerce besides the Niti Ayog for case-by-case vetting of Chinese foreign investment proposals that have been stuck for nearly a year. According to reports, about 150 Chinese foreign investment proposals worth over $2 billion have been stuck, including those routed by Japanese and US companies through Hong Kong. The plan is to divide the proposal into sensitive and non-sensitive categories. There could be faster clearances for proposals from automobiles, electronics, chemicals and textiles sectors while the ones in sensitive categories such as data generation and finance may see slower clearances. A proposal that is stuck is the US giant General Motor's (GM) plant to a Chinese company. Chinese company Great Wall and GM had jointly sought permission for the sale of the car plant. Great Wall plans to invest $1 billion in India and start selling cars from this year.
The proposals have been held up since last year after India tightened controls on Chinese investment in the country in retaliation against alleged Chinese troop incursions in the western Himalayan region. China blamed Indian troops for the standoff
RESTON, Va.--(BUSINESS WIRE)--Science Applications International Corp. (NYSE: SAIC) announced today that John Bonsell will rejoin the company as the new senior vice president of Government Affairs, effective immediately. Bonsell will lead SAIC Government Affairs supporting SAIC's strategic objectives through engagement with federal executive branch officials, members of Congress and their staffs, and state and local officials. “We are incredibly excited for John to rejoin SAIC. He brings extens
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