On Tuesday, in a statement Honda Motor Co Ltd said, it plans on spend $64 billion on R&D over a span of 10 years. The development marks the Japanese giant laying out its ambitious target to roll out 30 electric vehicle… Read More ›
R&D
Mercedes-Benz opens second R&D centre in Shanghai
On Friday, Germany’s Mercedes-Benz Group AG said, it has opened a research and development (R&D) centre in Shanghai which will focus on mobility technology. The opening of the new centre will be its second R&D facility in China. The centre will… Read More ›
AstraZeneca’s booster shot effective against Omicron: Oxford University
In a statement drugmaker AstraZeneca said, a three-dose course of COVID-19 vaccine is effective against the Omicron variant of the coronavirus, citing data from an Oxford University lab study. The results of the study, which is yet to be published… Read More ›
GlaxoSmithKline expands England R&D facility, plans on raising $552.76M
On Friday, British pharma giant GlaxoSmithKline said, it plans to set up a new life sciences campus within its R&D site in Stevenage, England, by raising up to $552.76 million (400 million pounds) by selling some land at the facility. In… Read More ›
UK plans on capitalizing scientific breakthroughs for public good
In a statement the office of British Prime Minister Boris Johnson said, he would lead a new initiative to capitalize on scientific and technological breakthroughs made in the country with the purpose of directing research into areas that will benefit… Read More ›
Biden Administration expands ban list prohibiting US entities to invest in Chinese companies
In a development that marks the expansion of the scope of the previous US Administration, US President Joe Biden banned US entities from investing in a couple of Chinese companies with alleged links to the Chinese military, through an executive… Read More ›
Tesla Inc sets up EV manufacturing plant in India
According to a government document, Tesla Inc will be setting up an electric-car manufacturing unit in the southern state of Karnataka. “The U.S. firm Tesla will be opening an electric car manufacturing unit in Karnataka,” said a state government official… Read More ›
Israel, UAE and US to pursue joint collaboration on developing renewable energy strategy
In a significant development, the energy ministers of the United States, Israel and the United Arab Emirates said, they will develop a joint strategy for greater coordination in the energy sector; the trio will also jointly collaborate to mitigate energy… Read More ›
Tesla can avail state subsidies for its Gigafactory: German economy minister Peter Altmaier
In an interview to a German weekly newspaper, Germany’s economy minister stated, Tesla could avail state subsidies if it were to set up a gigafactory in the country. “In my conversations with (Tesla CEO) Elon Musk I have always made… Read More ›
Renault hires PSA’s former R&D chief Le Borgne
On Monday, French car marker Renault stated, it has hired Le Borgne, the former chief of research and development at PSA. Le Borgne will be a member of Renault’s executive committee and will report to interim CEO Clotilde Delbos. The… Read More ›
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