Tagged: Tech

CA New Car Dealers Association Foundation Announces Scholarship Awards for 20 Auto Tech Students Across the State

SACRAMENTO , Calif.–(BUSINESS WIRE)–The California New Car Dealers Association Scholarship Foundation announced the winners of its annual “CAR CAREERS” Scholarship Program, providing more than $100,000 to deserving students who are pursuing careers in automotive technology. The grant recipients were selected through a competitive application process that evaluated academic performance, career interests, and industry experience.

The Foundation Board selected the top 4 candidates from 5 regions across the state, who were each awarded $5,000 to cover education and training expenses. From these 20 grant recipients, Vincent Lagasca was selected as the overall statewide winner, receiving an additional

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Ford poaches top tech executive Doug Field who helped lead Apple’s top-secret car project

Ford Motor Co. displays a new 2021 Ford F-150 pickup truck at the Rouge Complex in Dearborn, Michigan, September 17, 2020.

Rebecca Cook | Reuters

DETROIT – Ford Motor said Tuesday it hired former Tesla and Apple executive Doug Field to lead its emerging technology efforts, a key focus for the automaker under its new Ford+ turnaround plan.

Field — who led development of Tesla’s Model 3 —most recently served as vice president of special projects at Apple, which reportedly included the tech giant’s Titan car project.

The hire is a major addition for Ford and a big hit to

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Toyota to spend $13.5 bln to develop electric vehicle battery tech by 2030

Employees walk at the Toyota Motor Corp new plant in Apaseo El Grande in Mexico’s central state of Guanajuato, Mexico February 6, 2020. REUTERS/Sergio Maldonado

TOKYO, Sept 7 (Reuters) – Toyota Motor Corp (7203.T) said on Tuesday it expected to spend more than $13.5 billion by 2030 to develop batteries and its battery supply system, in a bid to take a lead in the key automotive technology over the next decade.

The world’s largest automaker by volume, which pioneered hybrid gasoline-electric vehicles with the popular Prius, is moving rapidly to deliver its first all-electric line-up next year.

Considered a leader

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Best car for tech lovers in 2021

Let’s face it: cars feel more and more like computers with propulsion and wheels. Exteriors feature cameras and sensors, while interiors boast giant touchscreens and all sorts of gadgets. There’s a ton of technology packed into modern cars, that’s for sure. What’s the “best tech?” That’s a tad fluid if you ask our editors. 

However, we hashed out the vehicles best for those wanting the most cutting-edge tech right now. Some are luxurious and other may shock you for the amount of tech packed in for a low price. Read on to see what our editors chose.

Read more: Roadshow’s

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CarTrade Tech IPO opens for subscription: Key things to know

NEW DELHI: Online auto classified platform CarTrade Tech’s initial public offering (IPO) is now open for subscription. The company has fixed a price band of Rs 1,585-1,618 per share for its nearly Rs 2,999-crore initial offer.
The initial share sale will be entirely an offer for sale (OFS) of 18,532,216 equity shares. The IPO will conclude on August 11.
At the upper end of the price band, the IPO is expected to mobilise Rs 2,998.51 crore.
Here are the key things to know about the CarTrade IPO:
*CarTrade is also a software company that has created interconnects between
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Advancing Auto Tech Can Grow Service Providers’ Revenue

“Smart” vehicles, electric vehicles and autonomous cars are the new future of transportation. This next-generation technology makes the automobile industry a hotbed for innovation and enables huge revenue opportunities for digital merchants.

Today’s automobiles continue to add more computing power, video cameras, sensors and data storage. These “data centers on wheels” use 5G and other low-latency network technologies to establish faster internet connectivity and highly accurate location detection.

Digital cars’ continuous modernization of tech will offer consumers frequent, small-value digital commerce opportunities daily. 

The dashboard of the car is considered prime real estate for service providers to improve and digitize.

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Advance Auto Parts and its Foundation Aim to Increase Diversity Among Automotive Technicians with $250,000 Commitment to Wake Tech Community College

RALEIGH, N.C.–(BUSINESS WIRE)–Advance Auto Parts Foundation, the philanthropic arm of Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts supplier, today announced a $200,000 commitment and partnership with Wake Technical Community College for a first-of-its-kind recruitment initiative aimed at increasing student diversity in the school’s automotive systems technology and collision repair programs. Additionally, the retailer, which operates as Advance Auto Parts, has committed $50,000 in funding to outfit the school’s tool rooms to support student learning.

In partnership with organizations such as Communities In Schools, Juntos (NC State) and North Carolina Society of Hispanic Professionals, funding

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