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Huawei's new smart car firm valued up to USD 35 bn amid advanced stake talks: Sources, ET Auto

Huawei: Changan Auto and its ultimate parent, state-owned China Ordnance Equipment Group - also known as China South Industries Group - are considering acquiring about 35% and 5% respectively of the new firm, which could be valued at 200 billion to 250 billion yuan, two of the people said.
Richard Yu Ren Zhengfei Huawei Technologie China Ordnance Equipment Group Dongfeng Motor Group China South Industries Group

Ahead of IPO, Tata Technologies collects INR 791 cr from anchor investors, ET Auto

Tata Technologies: The company has allotted 1.58 crore equity shares to 67 funds at INR 500 apiece, which is also the upper end of the price band, according to a circular uploaded on the BSE website. Goldman Sachs (Singapore) Pte, Copthall Mauritius Investment Ltd, Government Pension Fund Global, are among the anchor investors.
Government Pension Fund Global Copthall Mauritius Investment Ltd Tata Technologies Auto Tech Auto Technology Tata Motors

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Judge finds evidence that Tesla, Musk knew about Autopilot defect, ET Auto

Judge Reid Scott, in the Circuit Court for Palm Beach County, ruled last week that the plaintiff in a lawsuit over a fatal crash could proceed to trial and bring punitive damages claims against Tesla for intentional misconduct and gross negligence. The order has not been previously reported.
United States Palm Beach County Reid Scott Joshua Brown Bryant Walker Smith University Of South Carolina

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M (20) 12:00 G Basketball v. Community               12:30 9/JV Boys Basketball @ Royse City                3:00 Chad's Media BoysBasketball Showcase @ SSHS 2 games                           3:00 Longview v. Wylie East                           4:30 SS v. Celina T (21)   12:00 G Basketball @
Driver Ed Library Choir Christmas Party Cafeteria Gillis Foundation Gillis Foundation Presentation To Seniors Sulphur Springs For Holiday Break

China's Geely-owned powertrain co Aurobay bets on hybrid tech, seeks partner in India, ET Auto

Geely: Even as the electrification megatrend thrives, there’s scope for other technology options to grow. Many OEMs focus on preparing for an all-electric future. But Aurobay is looking at tapping the opportunities in the ICE and hybrid areas. And, India is also of interest for this player, which is set to grow in scale through an alliance with Renault.
United States Gaurav Vangaal Michael Fleiss Wen Xiong Aurobay Technology Sales Director

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