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(Eagle News) – President Rodrigo Duterte assured both foreign and local investors on Wednesday, Nov. 7 that his government “is doing its best to ensure a level playing field for investors” as he welcomed new players in the automotive industry. “On behalf of the Filipino people, I’d like to thank you for your confidence in investing and expanding your business here in this country. Rest assured that your trust will never be put in […]
MONTREAL, Canada (AFP) — Canadian telecommunications software company BlackBerry and China’s web giant Baidu on Wednesday announced a partnership for autonomous and connected vehicles. “The two companies will collaborate to accelerate the deployment of connected and autonomous vehicle technology for automotive OEMs and suppliers worldwide,” they said in a statement. BlackBerry’s operating system will be “the foundation for Baidu’s Apollo autonomous driving open platform,” the statement said. In September, Baidu announced a $1.5 billion investment […]
by Jean-Baptiste OUBRIER Agence France-Presse LONDON, United Kingdom (AFP) — James Dyson announced Tuesday he was investing £2.0 billion ($2.7 billion, 2.3 billion euro) into developing an electric car by 2020, a new venture for the British inventor of the bagless vacuum cleaner. The 70-year-old British entrepreneur said work began two and a half years ago on a project which he hopes will help tackle the scourge of air pollution. “Dyson has begun work […]
