Lewis Hamilton wins 8th Hungarian Grand Prix to equal Schumacher’s record

BUDAPEST, Hungary β€” Formulation 1 champion Lewis Hamilton gained the Hungarian Grand Prix for the eighth time to equal Michael Schumacher’s solitary-location document and just take the championship direct on Sunday.

Hamilton’s most up-to-date victory from pole place was as at ease as the virtually nine-second margin more than second-area Max Verstappen proposed. The British driver’s 86th GP acquire moved him just five guiding the German good Schumacher’s F1 document of ninety one.

β€œIt would have been so significantly-fetched to think that could maybe appear correct. I keep in mind seeing Michael on Tv set acquire all his races,” Hamilton

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Ghosn takes swipe at Renault, Nissan in newspaper interview

 

PARIS — Previous Nissan Chairman Carlos Ghosn took a swipe at his outdated employers in a newspaper interview on Sunday, contacting the Renault and Nissan success “pathetic,” and pushed as a great deal by a deficiency of joint management as by the consequences of the COVID-19 pandemic.

Ghosn, who was also the chairman of Mitsubishi Motors, was arrested in Japan in late 2018 on fees of underreporting his wage and making use of organization cash for individual objective — fees he denies. He fled to Lebanon from Japan.

“There is a market place self confidence trouble in the alliance.

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EV maker Xpeng raises $500 million

BEIJING/HONG KONG — Chinese electric car producer Xpeng Motors, backed by Alibaba Group Holding Ltd, stated Monday it has elevated about $five hundred million in its most recent funding spherical.

As enthusiasm builds for additional climate-pleasant autos, shares of EV makers, together with Tesla Inc. and Nio Inc., have surged in new months and car makers are on the lookout to the marketplaces for cash.

Li Automobile, Xpeng’s rival, filed for a U.S. preliminary general public providing before this thirty day period.

Investors in Xpeng’s most recent funding spherical involve Aspex, Coatue, Hillhouse and Sequoia Funds China, six-12 months-aged Xpeng

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Former Ford exec Joe Hinrichs joins board of self-driving radar startup

Extra than four months immediately after retiring as Ford Motor Co.’s automotive president, Joe Hinrichs has resurfaced on the board of a company pioneering a exceptional sensor for autonomous autos.

Hinrichs, 53, has joined the board of directors at WaveSense, a startup that employs ground-penetrating radar to support self-driving autos superior realize and navigate highway environments.

“WaveSense is delivering the most specific and dependable car positioning system at a price tag that allows broad adoption,” Hinrichs stated in a statement. “Understanding where you are is essential to enabling the following-generation protection and overall performance functions the automotive market is looking

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Tesla’s plan for Level 5 not feasible, experts say

Within just the earlier eighteen months, even the most optimistic industry players have conceded automating cars has been additional hard than predicted, and numerous have canceled or delayed designs to deploy Amount three and Amount four cars. An once-a-year automatic-driving leaderboard printed by consulting business Navigant Investigation, now Guidehouse Insights, assesses strategy and execution of eighteen providers producing self-driving tech. Printed in March, the report ranked Tesla past β€” not only behind leaders these types of as Waymo, Argo AI and Cruise, but behind upstarts these types of as May Mobility, Voyage Vehicle and Navya.

Sam Abuelsamid, principal analyst at

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