Accelerates the digital transformation of mission-critical industries Enables the software-defined future of mobility DUBLIN, Dec. 23, 2022 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a global technology company focused on making mobility safer, greener and more connected, has completed the acquisition of Wind River®, a global leader in delivering software for the intelligent edge. Wind River… Continue reading Aptiv Completes the Acquisition of Wind River from TPG
Author: Yarhow_Finance Online News
Stellantis in talks to buy ‘substantial’ stake in hydrogen mobility company Symbio
MILAN (Reuters) – Stellantis has entered exclusive talks with France’s Faurecia and Michelin to buy a “substantial” stake in their Symbio joint venture, a fuel cell system maker for hydrogen mobility, the three companies said on Friday. Stellantis, the world third-largest carmaker, launched hydrogen-powered mid-size vans late last year and aims to expand its hydrogen… Continue reading Stellantis in talks to buy ‘substantial’ stake in hydrogen mobility company Symbio
Leading Strength in Safety: GWM TANK to Enter More Markets Globally
BAODING, China, Dec. 23, 2022 /PRNewswire/ — On December 23, GWM TANK300 HEV has been awarded the maximum five-star safety rating by the Australasian New Car Assessment Program (ANCAP). Leading Strength in Safety: GWM TANK to Enter More Markets Globally ANCAP is one of the world’s vehicle safety certification authorities that has the strictest standards.… Continue reading Leading Strength in Safety: GWM TANK to Enter More Markets Globally
NIO Inc. to Host NIO Day 2022 on December 24, 2022
SHANGHAI, China, Dec. 23, 2022 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, will host NIO Day 2022 on Saturday, December 24, 2022. NIO Day is an annual event where we launch new products and… Continue reading NIO Inc. to Host NIO Day 2022 on December 24, 2022
Magna (MGA) to Rev Up ADAS Business With $1.5B Buyout Deal
Magna International MGA inked a deal to acquire Veoneer Active Safety business from SSW Partners in a bid to fortify its Advanced Driver Assistance Systems (ADAS) business. This all-cash deal is valued at more than $1.5 billion. Subject to regulatory approvals and satisfactory conditions, the transaction is scheduled to be closed by mid-2023. The acquisition is… Continue reading Magna (MGA) to Rev Up ADAS Business With $1.5B Buyout Deal
Biggest market movers at the close: Chinese stocks, Carnival Cruise Line, Nike, Crocs
Yahoo Finance’s Jared Blikre highlights key tickers moving markets at the close of the trading session. Video Transcript SEANA SMITH: Minutes away from the closing bell, Jared Blikre has a closer look at some of today’s big movers, Jared. JARED BLIKRE: That’s right. Chinese stocks– and I’m not seeing any particular fundamental driver here, at… Continue reading Biggest market movers at the close: Chinese stocks, Carnival Cruise Line, Nike, Crocs
Magna Morphing Surfaces Technology Offers New Possibilities in Automotive Design
Magna International Inc. MAGNA MORPHING SURFACES TECHNOLOGY OFFERS NEW POSSIBILITIES IN AUTOMOTIVE DESIGN Magna Morphing Surfaces technology seamlessly integrates active aerodynamic components into vehicle body. Technology extends beyond what is currently possible with traditional active aerodynamic systems Seamlessly combines shape changing components with aerodynamic elements enhancing design and function Advanced solution utilizing thermoplastic materials contributes… Continue reading Magna Morphing Surfaces Technology Offers New Possibilities in Automotive Design
Hyundai Mobis and Ottopia enter a partnership to introduce the world’s first automotive grade remote assistance solution for OEMs and mobility service providers
Hyundai Mobis and Ottopia will work together to provide a remote mobility assistance (RMA) platform that enables the commercialization of autonomous mobility. Humans in a remote center can safely monitor, guide and directly control fleets of vehicles, leveraging a high-performance ECU and 5G technologies. Designed to be deployed from vehicles without passengers like trucks and… Continue reading Hyundai Mobis and Ottopia enter a partnership to introduce the world’s first automotive grade remote assistance solution for OEMs and mobility service providers
Why Nio Stock Erased Early Gains Today
Motley Fool Why Blink, ChargePoint, and Faraday Stocks Are Falling Shares of companies tied to the electric car industry, from start-up EV manufacturer Faraday Future Intelligent Electric (NASDAQ: FFIE) to Blink Charging (NASDAQ: BLNK) and ChargePoint (NYSE: CHPT) — which, as their names suggest, both operate networks of chargers for electric cars — tumbled in… Continue reading Why Nio Stock Erased Early Gains Today
Chinese electric automaker Nio hit by data breach
Dec 20 (Reuters) – China-based Nio Inc said on Tuesday that hackers had breached its computer systems and accessed data on users and vehicle sales, in the latest hacking incident to hit the global auto industry. The hackers had sent an email to the electric carmaker demanding $2.25 million worth of bitcoin and claiming that… Continue reading Chinese electric automaker Nio hit by data breach