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Added on the 02/05/2017 12:20:53 - Copyright : Auto Moto EN
General Motors gained as much as 8.9% to a record high on Tuesday. The gain comes on news that its autonomous vehicle subsidiary, Cruise, is receiving a large investment from Microsoft. Microsoft joins a number of companies in a $2 billion funding round for Cruise. Tuesday's price is a record-high for GM since it emerged from bankruptcy at the end of the Great Recession. The partnership will accelerate the commercialization of self-driving vehicles. It brings together the two companies' software and hardware engineering expertise, cloud computing capabilities, and manufacturing knowledge.
Caracas (Venezuela), Aug 28 (EFE).- Former Venezuela's Oil and Energy Minister Rafael Ramírez criticised President Nicolás Maduro and PDVSA management model after Harvest filled and later dropped a millionaire lawsuit against him whic was finally withdrawn for lack of evidence on Wednesday.SOUNDBITES OF FORMER VENEZUELA'S OIL AND ENERGY MINISTER RAFAEL RAMÍREZ DURING AN INTERVIEW WITH EFE:"PDVSA's problem is not technical but political. Maduro is the one who makes decisions. The president of the Republic puts the members of the board of directors and it's like that since it (PDVSA) was formed. With Maduro, there is no way, no way. He will order one intervention after another...nine committees were celebrated so far and all of them have failed. The situation is really bad. These people do not only lack the ability to manage the oil industry but any interest of it. Why? Because they are undermining PDVSA and privatizing it breaking the law and the constitution. They are handing a state industry over to the economical group that supports them in power, which is detrimental to the interests of the state. This government won't solve PDVSA's problems with this government, neither will privatization."
This portable hydrogen fuel cell prototype could be the next generation of portable chargers for phones, laptops and other electronic devices. Called HandyPower, the new fuel were tested at the Institute of High Temperatures of the Russian Academy of Sciences. HandyPower is resident at Skolkovo Innovation Centre and is financed by the Fund for Assistance to Small Innovative Enterprises (FASIE).
Popular British airline easyJet is set to trial a hydrogen fuel cell system on planes with the potential to save $35 million a year in energy costs, Reuters reported.
Toshiba is close to launching its first commercial direct-methanol fuel-cell (DMFC) device, which promises a faster way to recharge portable electronics products.
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