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Bill Gates, venture capitalist invest $23.5 million in EcoMotors
Mon, 12 Jul 2010EcoMotors International has received $23.5 million from Microsoft Corp. Chairman Bill Gates and investor Vinod Khosla for engineering and testing of its trademarked Opoc engine technology. EcoMotors said in a statement Monday that the investment marks a key advance in commercializing its opposed piston-opposed cylinder engine.
Honda cuts UK production by 50 per cent
Wed, 06 Apr 2011Honda (UK) cuts production Japan is slowly recovering from the earthquake and tsunami that hit on 11th March. Or at least its production is. Honda has revealed that it expects its Japanese plants to resume production of 11th April – just one month after the disaster – but initially that will be at just 50% capacity due to a shaky parts supply line.
Fabrizio Giugiaro conferred honorary doctorate
Mon, 19 Mar 2012Fabrizio Giugiaro, Co-Chairman and Styling Director of Italdesign Giugiaro, has been given an honorary Doctorate by the Georgian Technical University (GTU) for his achievements in the fields of architecture and the technology and design of the automobile as well as his support in the creation and promotion of the institution's International School of design. During the ceremony, held on 15 March in the Georgian city of Tbilisi, Dean, Prof. Dr.