Competition just keeps coming.
EDF bets on "French Tesla" in $100 mln start-up venture fund
By Michel Rose
PARIS, May 27 (Reuters) - French utility EDF is opening up to the world of start-ups with a 90 million euro fund that has already screened 1,000 projects and invested in half a dozen, including one which says its batteries could rival those sold by Tesla.
Coming on top of a separate 650 million euro annual budget in research and development, the 30 percent stake in the Electranova Capital fund is helping the state-owned French group keep abreast of breakthroughs worldwide, EDF executives said.
"We don't have a monopoly on innovation, so the idea is to open up our research and development," said Bernard Salha, the former electricity monopoly's R&D chief told reporters at a presentation to take stock of the fund's first three years.
Inventory is most definitely an asset on the balance sheet.
DEFINITION of 'Inventory'
The raw materials, work-in-process goods and completely finished goods that are considered to be the portion of a business's assets that are ready or will be ready for sale. Inventory represents one of the most important assets that most businesses possess, because the turnover of inventory represents one of the primary sources of revenue generation and subsequent earnings for the company's shareholders/owners.
Sure, selling a high end luxury product is always what you want in a recession.
... and having a high burn rate is just icing.
I dont think Volvo cares what you think, they're making a profit and selling around a half million vehicles. If you are unaware of Volvo's innovations, check out the trades.
The three are really not the same thing at all, look up the definitions if you doubt it.
Being able to power a vehicle, and to have reasonable performance and be quickly and
cheaply refueled is not a small advantage.
Over time, the ICE will become less used, as other technologies become available and cost effective, but for now it still has a use.
Tesla has a very nice car, even if they are having some quality issues.
I think the company is overvalued, but to say the P85D is junk is ridiculous.
So Tesla is American and apple pie?
Or is it a symbol, like Solyndra, of politics, greed, hype and subsidies.
Just because someone questions the validity of Tesla's business plan and valuation doesnt indicate
they are a terrorist.
The longer that explosion is delayed, the less likely it is to happen. Too many other players have entered the game.
What difference does it make if someone is a CEO or not?
They are either an engineer, or they are not.
Elon Musk is not an engineer, but he oversees engineers.
By Nikki Gordon-Bloomfield
May 7, 2015
To date, most self-driving vehicle innovation and development has focused on perfecting self-driving or semi-autonomous technologies for passenger vehicles, paving the way to a not-too-distant future where the daily work commute can be more than simply staring at the taillights of the car in front of you.
Yet while the lure of beating traffic jam boredom by letting your car drive itself might be finding increasing popularity among everyday consumers, autonomous driving technology has a far larger killer app for the world of business and industry: self-driving trucks.
With professional truckers regularly clocking up to 70 hours a week and tough regulations prohibiting them from spending more than 11 hours a day driving (14 hours per day working in total), being a trucker in modern-day America is one of the deadliest and lowest-paid jobs there is. Driver fatigue is commonplace, as are the associated fatigue-induced accidents. For cash-strapped hauliers both independent and corporate, those accidents cost time, money and future business. For the drivers themselves, the stresses and strains of long hours and life on the road can cost them their very lives.
The truck-making arm of German automaker Daimler thinks autonomous driving technology can change the lives of truck drivers forever, and has just been issued the world’s first autonomous truck license to prove that fact on the roads of Nevada.
Last year, the firm, demonstrated autonomous truck technology for the first time by letting its Mercedes-Benz Future Truck 2025 concept vehicle drive itself under supervision along a closed section of the A14 Autobahn with no other vehicles on it near to the city of Magdeburg, Germany. Prior to that, its autonomous vehicle technology had been proved in what Daimler terms the ‘Marathon Run: a 10,000 mile test drive on a closed test circuit to ensure the vehicle was ready for public highway testing.
further at Transport Evolved