Lesjöfors, part of the Beijer Alma group, has today signed an agreement to acquire the assets and operations of John Evans’ Sons INC, a leading US spring manufacturer. With the acquisition, Lesjöfors strengthens its US presence and significantly increases its sales to the medical industry, in line with its ambition to build the leading spring,… Continue reading Lesjöfors expands in the US by acquiring John Evans’ Sons
Category: News Type
Kongsberg Automotive wins a one-year contract worth EUR 7 million
Kongsberg Automotive’s Powertrain and Chassis (P&C) business segment has secured a one-year contract worth EUR 7 million. P&C’s Driveline business unit was awarded this contract for the ARC- Generation 3 (electronic actuator with control units), adapted for ICE/PHEV/HEV transmissions. The contract will start in November 2022 and KA’s Wuxi plant will supply these advanced actuator… Continue reading Kongsberg Automotive wins a one-year contract worth EUR 7 million
Front Raises $65M in Series D at $1.7B Valuation
Front, a San Francisco, CA-based communication hub for building customer relationships, raised $65 million in Series D financing. The round, which values Front at $1.7 billion, bringing the total funding to date over $200 million, was led by Salesforce Ventures and Battery Ventures with participation from PagerDuty CEO, Jennifer Tejada, as well as existing investors… Continue reading Front Raises $65M in Series D at $1.7B Valuation
German Handelsblatt: Volkswagen subsidiary Cariad: Compromise in the VW software dispute – Audi and Porsche have to step back004570
Herbert Diess The VW boss was under pressure to find a concept to solve the problems at the software subsidiary Cariad. (Photo: Volkswagen AG) In the two years since it was founded, the VW software subsidiary Cariad has mainly caused problems for the group. Schedules for newly developed software were not met. As a result,… Continue reading German Handelsblatt: Volkswagen subsidiary Cariad: Compromise in the VW software dispute – Audi and Porsche have to step back004570
Partially autonomous driving is desirable
A study by the insurance-related IIHS (Insurance Institute for Highway Safety) examined the sensitivities of the population when it comes to partial autonomy. Drivers want partial automation with the appropriate safety measures. That’s according to a new survey by IIHS and thus contradicts the manufacturer’s idea that as much technology as possible should be integrated.… Continue reading Partially autonomous driving is desirable
Outlook on the Automotive Overhead Console Global Market to 2031 – by Type, Application, Vehicle Type, Technology, Sales Channel and Region
DUBLIN, June 28, 2022 /PRNewswire/ — The “Automotive Overhead Console Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031” report has been added to ResearchAndMarkets.com’s offering. This recent report on the automotive overhead console market, with the help of a comprehensive outlook, provides readers with an assessment of the global market landscape. This… Continue reading Outlook on the Automotive Overhead Console Global Market to 2031 – by Type, Application, Vehicle Type, Technology, Sales Channel and Region
Axie Infinity NFT game reopens transactions months after $625 million theft
Ronin Bridge, the link that enables users to transfer funds to and from accounts in the “play to earn” Axie Infinity game, has reopened following a $625 million theft that took place in March. Sky Mavis, the developer group behind Axie Infinity and the Ronin blockchain that powers the game, announced that players can now… Continue reading Axie Infinity NFT game reopens transactions months after $625 million theft
Opinion: Newey’s RB17 indulgence is good for us all
Red Bull doesn’t talk about its Formula 1 ‘factory’; instead, the Milton Keynes site is described as a ‘technology campus’. But that’s no pretentious exaggeration. The expansion continues from what was originally a relatively humble base for Stewart Grand Prix in the late 1990s, with the new powertrain department the latest addition to the collection of Red Bull-branded buildings in… Continue reading Opinion: Newey’s RB17 indulgence is good for us all
Bored Apes creator sues conceptual artist for copying its NFTs
The company behind Bored Ape Yacht Club has sued conceptual artist Ryder Ripps for selling duplicates of its Bored Ape non-fungible tokens or NFTs. The lawsuit, filed in a California court this weekend, accuses Ripps of a “calculated, intentional, and willful” scheme to damage BAYC while promoting his own copycat work. Ripps and Yuga Labs… Continue reading Bored Apes creator sues conceptual artist for copying its NFTs
German Handelsblatt: Volkswagen subsidiary Cariad: Compromise in software dispute: VW brand has priority over Audi and Porsche004567
Herbert Diess The VW boss was under pressure to find a concept to solve the problems at the software subsidiary Cariad. (Photo: Volkswagen AG) In the two years since it was founded, the VW software subsidiary Cariad has mainly caused problems for the group. Schedules for newly developed software were not met. As a result,… Continue reading German Handelsblatt: Volkswagen subsidiary Cariad: Compromise in software dispute: VW brand has priority over Audi and Porsche004567