Checking stock before it gets sent to buyers. Photo credit: Leflair APAC Mining, NiYO, and Leflair were a few of the startups that announced funding in Asia Pacific today, while news emerged of Line’s plans to support cryptocurrencies. Fintech Lendingkart secures US$4.7 million in debt funding (India). The online lender for small businesses netted the… Continue reading Asia tech news roundup – Jan 10
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Fiat Chrysler turbo engine built in Trenton is built for the future
Fiat Chrysler Automobiles is producing a new turbocharged 4-cylinder engine in Trenton, Mich.(Photo: Fiat Chrysler Automobiles) Is Fiat Chrysler building a future-proof engine? The new 2.0-liter inline turbocharged 4-cylinder engine now being built at the company’s Trenton Engine Complex could be close, according to one expert, who notes its adaptability. “It’s almost future proof,” said Bill… Continue reading Fiat Chrysler turbo engine built in Trenton is built for the future
TomTom Cooperates with Zenuity, Baidu & Qualcomm
The industry participants are moving closer together: TomTom, Baidu and Qualcomm on maps. The map service provider and competitor of HERE. TomTom, has on the CES 2018 new map services introduced: TomTom AutoStream and TomTom MotionQ. TomTom HD cards. Source: TomTom The AutoStream service is a map-providing service for up-to-date data, such as the curve… Continue reading TomTom Cooperates with Zenuity, Baidu & Qualcomm
E-car startups Nio and Byton rely on electric SUVs: China’s new Tesla rivals – that’s how far they are already
24/11/2017 E-car startups Nio and Byton rely on electric SUVs China’s new Tesla rivals – they are already here They have potent Chinese backers on their backs, bring loads of Western auto engineers on board and are already the first electric electric SUV ready series: A handful of startups from China wants to resist the… Continue reading E-car startups Nio and Byton rely on electric SUVs: China’s new Tesla rivals – that’s how far they are already
Fernando Andreu New Plant Manager in Eisenach
Fernando Andreu New Plant Manager in Eisenach 2018-01-10 Rüsselsheim/Eisenach. Change of leadership at the Opel plant in Eisenach: Fernando Andreu was named Plant Manager of the Thuringian facility effective January 8. The 47 year-old Andreu was previously Assistant Plant Manager at the Opel plant in Zaragoza, Spain, and succeeds Pieter Ruts, who is named Industrial Program Director.… Continue reading Fernando Andreu New Plant Manager in Eisenach
New infotainment system with innovative address system: Daimler invests in what3words
Investment expands cooperation with the start-up New models from the compact class are first to use the address system Navigation destination easy to input with three words Stuttgart – Daimler AG is expanding cooperation with the start-up what3words. As part of the move, the company took part in a round of financing by what3words and… Continue reading New infotainment system with innovative address system: Daimler invests in what3words
Continental Uses Safety Domain Control Unit as Fallback Path in Automated Driving
Continuous self-monitoring of two independent control units detects any system uncertainties that may arise, and forms the necessary redundancy and diversity in order to always stop the vehicle safely and reliably.Continental already uses this architecture for its Cruising Chauffeur function for highly automated driving on the freeway. Las Vegas, NV, USA, January 10, 2018. Continental… Continue reading Continental Uses Safety Domain Control Unit as Fallback Path in Automated Driving
Bosch Group sells starter motor division to ZMJ
The Bosch Group’s well-established starter motor and generator division has completed its transition to an independent company and will operate as SEG Automotive, effective immediately, including the local division SEG Automotive India. The company’s new owner is Zhengzhou Coal Mining Machinery Group Co (ZMJ) and an investment group. SEG Automotive India is an integral part… Continue reading Bosch Group sells starter motor division to ZMJ
Tata Motors Group global wholesales at 116,677 in December 2017
The Tata Motors Group global wholesales in December 2017, including Jaguar Land Rover, were at 116,677 nos., higher by 23%, over December 2016. Global wholesales of all Tata Motors’ commercial vehicles and Tata Daewoo range in December 2017 were at 47,182 nos., higher by 53%, over December 2016. Global wholesales of all passenger vehicles in… Continue reading Tata Motors Group global wholesales at 116,677 in December 2017
Renault-Nissan-Mitsubishi launch $1 bln venture capital fund
TOKYO, Jan 10 (Reuters) – The Renault-Nissan-Mitsubishi alliance said it is setting up a venture capital fund that plans to invest as much as $1 billion over five years, the latest move by major carmakers as they seek to adapt to rapid industry change by investing in startups. It is set to be largest corporate… Continue reading Renault-Nissan-Mitsubishi launch $1 bln venture capital fund