Amazon leads 700 million investment in electriccar startup Rivian

first_img Electric Cars Car Industry Trucks SUVs Comments 22 Photos More From Roadshow Tags 2 Rivian, the startup manufacturer planning to launch an all-electric pickup truck and an electric SUV, announced Friday it has received a $700 million equity investment that is led by internet giant Amazon. Rivian said it will remain an independent company, but the investment will no doubt help the new automaker push its planned models into production.The investment will help startup Rivian launch this R1T pickup and the related R1S SUV. Rivian Rivian showed off its R1T electric pickup truck and R1S electric SUV at the 2018 Los Angeles Auto Show. The R1T will have a driving range of up to “400+” miles, depending on which battery pack a buyer chooses. It’s scheduled to launch in November 2020 and will be built at a former Mitsubishi plant in Illinois. The R1S, meanwhile, is a seven-seat electric SUV that’ll offer up to 410 miles of range. It’s set to launch in early 2021. The two models share many of their mechanical components.Rivian CEO RJ Scaringe characterized the investment as key for Rivian’s growth. “This investment is an important milestone for Rivian and the shift to sustainable mobility,” he said in a statement. “Delivering on this vision requires the right partners, and we are excited to have Amazon with us on our journey to create products, technology and experiences that reset expectations of what is possible.””We’re inspired by Rivian’s vision for the future of electric transportation,” Jeff Wilke, Amazon CEO Worldwide Consumer, said in a statement. “We’re thrilled to invest in such an innovative company.”Rivian promises its all-electric vehicles will have plenty of off-roading capability.Rivian’s two vehicles will be pricey luxury models, with the R1T tentatively scheduled to start at $69,000. Both vehicles ride on the company’s own “Skateboard” chassis that features a large centrally mounted battery pack and two electric motors. Though the vehicles are impressive, it’s safe to say that it’s still a long journey from showing two vehicles to actually selling them to the general public. Ramping up production will be “the biggest challenge we have,” Rivian executive director of engineering Mark Vinnels told Roadshow in fall 2018.Rivian offered no further details about the investment, saying only that this equity investment round, “includes participation from existing shareholders.” An earlier report had suggested that Amazon was interested in investing into Rivian. That report also claimed that General Motors might also want to invest in the electric-car manufacturer, but as of Friday, there’s no news on that front. 2020 BMW M340i review: A dash of M makes everything better Amazon 2020 Kia Telluride review: Kia’s new SUV has big style and bigger value 2020 Hyundai Palisade review: Posh enough to make Genesis jealous The Rivian R1T might be the electric pickup truck of tomorrow Share your voicelast_img read more

Axed Catalan president to stay in Brussels

first_imgOn Monday Joan Escanilla from the CSIF civil servants union said: “For now everything is very quiet. People have returned to work as normal.” Catalonia`s dismissed leader Carles Puigdemont along with other members of his dismissed government address a press conference at The Press Club in Brussels on 31 October, 2017. Photo: AFPCatalonia’s deposed separatist leader Carles Puigdemont said Tuesday that he would stay put in Brussels after being dismissed by the Spanish government, but denied he would seek asylum to avoid possible rebellion charges. “I am not here in order to demand asylum,” Puigdemont, sacked by the Spanish government on Friday after Catalonia’s parliament declared independence, told a packed news conference in Brussels.He said he was in Belgium “for safety purposes and freedom”, without detailing how long he would stay.After being axed, the 54-year-old reportedly drove hundreds of kilometres from Catalonia to Marseille in southern France with several members of his dismissed cabinet and then flew to Belgium.His departure is the latest twist in the saga over semi-autonomous Catalonia’s drive for independence that has presented Spain with its biggest political crisis in decades.On October 1, Catalonia held a referendum organised by Puigdemont’s administration which it said saw a large majority vote in favour of seceding from Spain, although turnout was just 43 percent.Puigdemont said this gave the Catalan parliament a mandate to declare independence on Friday, a decision beamed onto big screens to cheering crowds in regional capital Barcelona.But the same day Spanish Prime Minister Mariano Rajoy’s government in Madrid invoked a never-before-used article of the constitution to dismiss Catalonia’s leaders and impose direct rule.The international community including the European Union, struggling with Brexit and other challenges, has largely spurned the independence declaration and has united behind Madrid.- Rebellion -On Monday Spain’s chief prosecutor said he was seeking charges including rebellion — punishable by up to 30 years in prison — and sedition against Puigdemont and fellow leading separatists.Jose Manuel Maza said they had “caused an institutional crisis that led to the unilateral declaration of independence carried out on October 27 with total contempt for our constitution”.A court now has to decide whether to bring charges.Separately, Spain’s Civil Guard police force on Tuesday searched the headquarters of Catalonia’s regional police in a probe centred on the independence referendum, a spokesman said.Meanwhile, Spain’s Supreme Court summoned the former speaker of the Catalan parliament to charge her, a judicial source said.- Elections -With its own language and distinct culture, Catalonia accounts for a fifth of the eurozone country’s economy.It had a high degree of autonomy over key sectors such as education, healthcare and the police.Rajoy also called snap elections for December 21 to replace the Catalan parliament in a drastic bid to stop the secessionist drive.Puigdemont said on Tuesday that he accepted the “challenge” and that he would “respect” the result whatever it is.”I want a clear commitment from the state. Will the state respect the results that could give separatist forces a majority?” he nevertheless asked reporters in Brussels.- Business as usual -There had been speculation that Catalan leaders and civil servants might seek to disrupt Madrid’s move to impose direct rule but in the event it passed off without major incident.Catalan police, now under orders from Madrid, were told Monday they could allow the dismissed leaders to enter the government headquarters in Barcelona, but only to clear their desks.But in the end, apart from one regional minister who tweeted a photo of himself at his desk, there was no major resistance.last_img

I am not worthy of Nobel Peace Prize Imran

first_imgPakistani prime minister Imran Khan attends talks at the Great Hall of the People in Beijing, 2 November 2018. Photo: ReutersPakistan prime minister Imran Khan, addressing calls by his countrymen on social media and in his government to award him a Nobel Peace Prize for “de-escalating” tensions with India, on Monday said that he is not worthy of the honour.”I am not worthy of the Nobel Peace Prize. The person worthy of this would be the one who solves the Kashmir dispute according to the wishes of the Kashmiri people and paves the way for peace and human development in the subcontinent,” he tweeted.Supporters and officials of Khan’s administration started lobbying for a Nobel Peace Prize for him following his announcement to release Indian Air Force (IAF) officer wing commander Abhinandan who was captured by Pakistan on 27 February after his MiG-21 crashed inside Pakistani territory. He was released on 1 March.Soon after the Indian pilot was handed over to the Indian authorities, the hashtag “#NobelPeacePrizeForImranKhan” started trending in Pakistan on Twitter. Until Sunday, over 300,000 people had signed online petitions seeking the Nobel for Khan.A resolution was also submitted in the country’s National Assembly Secretariat last week for the same. The motion stated that Khan played a “sagacious role in reducing tension between Pakistan and India which was created due to warmongering attitude of the Indian leadership”.Meanwhile, the Pakistan Peoples Party, which had earlier questioned the timing of the release of the Indian pilot, expressed its sorrow over the ongoing campaign for the award.last_img read more

Monochrome visions

first_imgFrequently we find students claiming themselves to be ‘film buffs’, but do they really know about films? While they beat their own drums to label themselves as movie buffs, some film admirers beg to differ.“Young people should be sensitized about good films, to begin with. Once they are exposed to good international and national cinema, they’ll understand the value of films,” says, Ranjan Ghosh, director of Hrid Majhare, a Bengali film. “The idea that black and white movies are boring has developed because young uninitiated students have been shown works of the masters, for which they were still not ready,” adds Ghosh. Also Read – ‘Playing Jojo was emotionally exhausting’Outstanding films go unwatched by the self proclaimed movie enthusiasts. Rather films with mindless drama and commotion find place in the must watch list of these ‘movie buffs’. Most youngsters tend to stick to their preferred genre rather than exploring the vast expanse of cinema, yet claim to be movie maniacs. Classics have been listed over the years, but among them the black and white films go mostly unnoticed by the present youth as they identify the monochrome films to be ‘boring’. There are several interesting black and white films, both products of Bollywood and Hollywood, which comprise of both full length feature films and shorts films.  Also Read – Leslie doing new comedy special with NetflixCultures have changed over the years and so have the movies. Yet some ageless masterpieces rule the must watch list for movie addicts. But are the young minds aware of the ageless black and white cinema or are they looking out only for the recent quality films?Pradipta Bhattacharyya, director of Bakita Byaktigoto, winner of the best feature film in Bengali at the 61st National Film Awards, believes that people these days are more aware of films and they do understand movies better than what people used to do a decade ago. He suggests some black and white must watches for film enthusiasts—Battleship Potempkin(1925), films of Charlie Chaplin, films of Akira Kurosawa, Jean Renoir, Federico Fellini, and Citizen Kane (1941) from around the world, and masterpieces of Satyajit Ray, Mrinal Sen, Ritwik Ghatak, Shyam Benegal, Guru Dutt and Bimal Roy. “I was especially inspired by Ray’s Pather Panchali and it is undoubtedly one of my favourite films of all time,” says the director. Actor Aryann Bhowmik (Detective Byomkesh Bakshy fame) said, “Bringing out the colour from just Black and White is some serious and exciting art that I have always admired.” Kartikey Tripathi, an actor and screenwriter thinks that if people can understand the basics of film studies then they can understand its value too. “Listing good monochrome movies will be limiting the periphery of the movie world. If black and white films are boring how come we all have watched the likes of Casablanca and Psycho every time we got the chance of watching it?” adds Tripathi.“I feel monochrome is even better than colour. An expression or a feeling can be best explained by it. Monochrome has a crazy expressive tone. Some of my personal favourites are Orson Welles’s Citizen Kane, John Ford’s Stagecoach, Charlie Chaplin’s Modern Times and Mani Kaul’s Uski Roti” said Uppanishad Ghosh, a recent pass-out from the Department of Film Studies, Jadavpur University. Meghan Hooper, an ex-student of New York Film Academy says, “I think that it should be compulsory for movie lovers to watch and know at least one movie from every genre.” Her favourite monochrome films have been His Girl Friday and Holiday Inn.A suggestive tiny list of some very interesting monochromatic films would inspire young film enthusiasts:It’s a Wonderful Life(1946), Bicycle Thieves(1948), Rashomon (1950), Roman Holiday (1953), 12 Angry Men (1957), 400 Blows(1959), Psycho(1960), An Occurrence at Owl Creek Bridge (1962), Do Bigha Zamin(1953), Pyasa(1957), Mughal-e-Azam(1960), Dosti(1964).last_img read more

Setting sail for success incentive cruises reward top producers for TPI TravelOnly

first_img<< Previous PostNext Post >> Tags: Sphere, TPI, TravelOnly Share Networking, good times and the opportunity to celebrate the year’s successes: top-producing home-based agents from two of Canada’s best-known host agencies, TPI and TravelOnly, got all this and more on recent cruises with AmaWaterways.On TPI’s fourth annual Chairman’s Circle trip, 15 of TPI’s top producing agents sailed the serene waters of Vietnam and Cambodia for an AmaWaterways cruise on the Mekong River.Hosted by TPI CEO and President, Morris Chia, the trip rewarded the exceptional performance of the invited agents and allowed them to experience AmaWaterways – one of TPI’s preferred suppliers – first-hand. The seven-night river cruise aboard the AmaDara, sailing the ‘Vietnam, Cambodia, & the Riches of the Mekong’ itinerary, was part of an all-expenses paid trip for the agents.The cruise started in Ho Chi Minh City and then it was on to Phnom Penh and further up the Mekong and beyond to the renowned Angkor temples including Angkor Wat. Next year’s Chairman’s Circle trip will be a cruise with Crystal Cruises, said Chia.TravelOnly’s President’s Club at Juno BeachTravelOnly’s President’s Club onboard AmaLyraChia said it was “truly my honour to have hosted our top achievers for this once-in-a-lifetime voyage as we recognize their commitment to success.”More news:  ‘Turn around year’ for TPI brings double-digit growthThe TPI Chairman’s Circle trip is part of TPI’s larger Velocity travel advisor recognition program and recognizes the successes of TPI’s highest-producing travel advisors.TravelOnly’s top producers were also feted with a cruise, with members of TravelOnly’s President’s Club sailing the beautiful Seine in France aboard AmaWaterways’ AmaLyra. There were stops in Paris, Vernon, Caudbec-en-caux, Rouen, Les Andelys and Conflans, with a special reading of ‘In Flanders Fields’ on Juno Beach.Although the President’s Club trip started as a reward for top performers, “over the years it has evolved into something much more”, allowing members to collaborate on their business strategies, challenges and opportunities, including ways they can work with suppliers to provide the best possible experiences for their clients, said TravelOnly President Gregory Luciani.Preferred partners including Celebrity Cruises, Sunwing Vacations, NCL and TravelBrands joined the team onboard to share their expertise.“A trip of a lifetime,” was how President’s Club member Karen Gill described her experience, adding that seeing Juno Beach was “literally life changing”.More news:  ‘Turn around year’ for TPI brings double-digit growthLuciani says The President’s Club trip also serves as a great motivator for up-and-coming TravelOnly Associates who look to this group for mentorship and advice as they grow their businesses. “After only a few hours back on home soil, many were posting about their experiences, newly inspired to reach this pinnacle of success once more in 2017.”Luciani gave his congratulations to the entire President’s Club:  Dashnor Hasku, Bujar Zejnullahu, Brian Kendrick, Barbara Scrocco and Robert Rizzo, Pat Probert and Mary de Almeida, Karen Gill, Anie Chevrier-Huot, Kevin Visser, Holly McBean and Pauline Blacoe. Travelweek Group center_img Posted by Setting sail for success: incentive cruises reward top producers for TPI, TravelOnly Wednesday, May 17, 2017 last_img read more