Author: Yarhow_Finance Online News

China’s Didi, BAIC set up joint venture to work on NEV projects

BEIJING (Reuters) – China’s Didi Chuxing said it had set up a joint venture (JV) with Beijing Electric Vehicle Co., a unit of state-owned BAIC, to work on new energy vehicle and artificial intelligence projects. The JV, BAIC-Xiaoju New Energy Auto Technology Co. Ltd, aims to develop “next-generation connected-car systems”, Didi, China’s largest ride-hailing operator,… Continue reading China’s Didi, BAIC set up joint venture to work on NEV projects

Linamar Announces TSX Approval of Normal Course Issuer Bid

GUELPH, ON , Jan. 25, 2019 /CNW/ – Linamar Corporation (“Linamar” or the “Company”) (LNR.TO) today announced the Toronto Stock Exchange (the “TSX”) has approved the Company’s notice of intention to commence a Normal Course Issuer Bid (the “Bid”). “We are initiating this NCIB in recognition of what we believe is a significant level of… Continue reading Linamar Announces TSX Approval of Normal Course Issuer Bid

Hyundai MOBIS Lights a Path to Reducing Accidents Involving Autonomous Vehicles

Hyundai MOBIS (012330.KS) showcased the latest Communication Lighting concept at CES® in January 2019. Communication Lighting uses an “Indicating Lighting Zone” to indicate when an autonomous vehicle is operating in self-driving mode. The concept also includes a “Communication Lighting Zone” that uses LED, digital boards, headlamp projection and sound to communicate with nearby pedestrians and… Continue reading Hyundai MOBIS Lights a Path to Reducing Accidents Involving Autonomous Vehicles

Bosch bankers pitched IPO in funding review, no listing planned – sources

By Arno Schuetze and Ilona Wissenbach FRANKFURT (Reuters) – Robert Bosch [ROBG.UL], the world’s largest car parts maker, discussed the merits of a potential stock market floatation with investment bankers as part of a broader funding review, but has chosen to remain unlisted, people close to the matter said. Bosch managers invited several bankers to… Continue reading Bosch bankers pitched IPO in funding review, no listing planned – sources