Next.e.GO Mobile SE gearing up for production in Germany early 2021; first international production LOI signed with state of Greece

With the conclusion of the transaction with its predecessor, e.GO Mobile AG, the acquisition of the entire business assets and the facilities required for production in Germany has been successfully completed. The Next.e.GO Mobile SE has already received its World Manufacturer Identifier (WMI) number. The re-appointment as a vehicle manufacturer is scheduled in the first… Continue reading Next.e.GO Mobile SE gearing up for production in Germany early 2021; first international production LOI signed with state of Greece

DENSO Launches Redesigned Automatic Data Capture Website

LONG BEACH, Calif., Dec. 15, 2020 /PRNewswire/ — DENSO ADC, one of the world’s largest manufacturers of mobile data capture systems, has launched a new version of its website featuring DENSO’s QR Code® technology products, scanners, terminals and software at https://www.denso-adc.com. DENSO ADC is the Americas’ sales arm of DENSO Wave Inc., inventor of the Secure QR… Continue reading DENSO Launches Redesigned Automatic Data Capture Website

TI Fluid Systems To Supply Hyundai BEV Family of Vehicles With Thermal Coolant Fluid Carrying Systems

AUBURN HILLS, Mich., Dec. 15, 2020 /PRNewswire/ — TI Fluid Systems (LSE: TIFS), a leading global supplier of automotive fluid systems technology, announced today that it will provide thermal coolant fluid carrying loops for a large family of Hyundai, Kia and Genesis brand vehicles, starting with the NE EV, a new battery electric compact crossover based… Continue reading TI Fluid Systems To Supply Hyundai BEV Family of Vehicles With Thermal Coolant Fluid Carrying Systems

Vayyar 4D Imaging Radar Sensor Set To Revolutionise Automotive Safety By Cutting Complexity And Costs

Vayyar’s automotive-grade, AEC-Q100 qualified RoC is a game-changing solution. The chip features up to 48 transceivers, an internal digital signal processor (DSP) and microcontroller unit (MCU) for real-time signal processing. Capable of seeing through objects and able to operate effectively in all weather conditions, Vayyar’s single-chip solution can replace over a dozen other sensors and… Continue reading Vayyar 4D Imaging Radar Sensor Set To Revolutionise Automotive Safety By Cutting Complexity And Costs

indiGO Auto Group Acquires Ferrari Silicon Valley

“We are excited to further indiGO’s line up of luxury automotive dealerships with the addition of Ferrari. It has been a dream to have Ferrari in our portfolio since our inception, and today that dream became a reality,” noted Wolf. “We look forward to bringing our concierge style, white-glove service to the Silicon Valley and… Continue reading indiGO Auto Group Acquires Ferrari Silicon Valley

Hyundai Mobis to Develop Automotive Semiconductors by Acquisition of Hyundai Autron’s Division

– Agreed to acquire the semiconductor division of Hyundai Autron – Planning to integrally supply semiconductors and system controls on system basis – Securing the capability of developing semiconductors for the automotive industry SEOUL, South Korea, Dec. 14, 2020 /PRNewswire/ — Hyundai Mobis (KRX: 012330) announced that the board of directors approved the acquisition of… Continue reading Hyundai Mobis to Develop Automotive Semiconductors by Acquisition of Hyundai Autron’s Division

Veoneer Starts Production of World’s Most Advanced Automotive Thermal Sensing System on the All-New 2021 Cadillac Escalade

STOCKHOLM, Dec. 14, 2020 /PRNewswire/ — The automotive technology company Veoneer, Inc. (NYSE: VNE) and (SSE: VNE SDB), has commenced production of its 4th generation thermal sensing system, called Night Vision. Debuting on the 2021 Cadillac Escalade, the Night Vision system enhances forward visibility by using a wider field-of-view thermal camera with four times greater resolution… Continue reading Veoneer Starts Production of World’s Most Advanced Automotive Thermal Sensing System on the All-New 2021 Cadillac Escalade

Britishvolt Selects North East Site To Build Britain’s First Battery Gigafactory

Total investment for Britishvolt’s Gigafactory is £2.6bn making it the largest industrial investment in the North East since Nissan’s arrival in 1984 and one of the largest-ever industrial investments in the UK. By the final phase of the project in 2027 it will be employing up to 3000 highly skilled people, producing over 300,000 lithium-ion… Continue reading Britishvolt Selects North East Site To Build Britain’s First Battery Gigafactory

Solera Acquires Automotive Software Provider To Accelerate Expansion Of Its Global State-of-the-Art Bodyshop Management Solution

Solera will provide repair shop customers with an unmatched end-to-end data-driven customer journey – powered by dynamic intelligent data. WESTLAKE, Texas, Dec. 11, 2020 /PRNewswire/ — Solera Holdings, Inc. (“Solera”), a global leader in risk and asset management data and software solutions for the insurance and automotive industries, today announces the acquisition of InSyPro. This transaction… Continue reading Solera Acquires Automotive Software Provider To Accelerate Expansion Of Its Global State-of-the-Art Bodyshop Management Solution

Hyundai Motor Group to Acquire Controlling Interest in Boston Dynamics from SoftBank Group, Opening a New Chapter in the Robotics and Mobility Industry

Under the agreement, Hyundai Motor Group will hold an approximately 80% stake in Boston Dynamics and SoftBank, through one of its affiliates, will retain an approximately 20% stake in Boston Dynamics after the closing of the transaction. Hyundai Motor Group’s affiliates – Hyundai Motor Co., Hyundai Mobis Co. and Hyundai Glovis Co. – and Hyundai Motor Group… Continue reading Hyundai Motor Group to Acquire Controlling Interest in Boston Dynamics from SoftBank Group, Opening a New Chapter in the Robotics and Mobility Industry