Leipzig. Of the 250-plus applications that came in, only five made it onto the shortlist – but ultimately it was Leipzig that won. Twenty years ago, on 18 July 2001, the BMW Group announced at a press conference in Munich that it would build a new plant in Leipzig. “Here you can see the location… Continue reading @BMW: 20 years ago: BMW Group chooses Leipzig as site for new plant001299
Category: Official Press Release
Netradyne Raises $150 Million in Series C Funding Led by SoftBank Vision Fund 2
SAN DIEGO, July 15, 2021 /PRNewswire/ — Netradyne, a leader in artificial intelligence (AI) and edge computing focusing on driver and fleet safety, today announced a $150 million, Series C funding led by SoftBank Vision Fund 2*, with participation from existing investors Point72 Ventures and M12. This financing, along with earlier investments, brings Netradyne’s total capital… Continue reading Netradyne Raises $150 Million in Series C Funding Led by SoftBank Vision Fund 2
AEye Partners with Sanmina to Scale LiDAR Production
Facility to Handle Final Assembly and Manufacturing for Non-automotive Markets as AEye Prepares to Deliver 4Sight M in Series Production “AEye’s high-performance adaptive LiDAR is industry leading. We’re proud to provide our deep design and process development expertise and state-of-the-art manufacturing capabilities to accelerate series production of AEye’s next generation systems.” Mike Landy, president and… Continue reading AEye Partners with Sanmina to Scale LiDAR Production
Continental Integrates AEye’s Long-range LiDAR Technology into Full Stack Automated and Autonomous Solution
Integration of AEye’s long-range, high performance LiDAR technology creates a unique offering that extends Continental’s integrated Automated Driving (AD) platform for passenger and commercial vehicles Full stack solution combines LiDAR, camera and radar technology Full system and standalone AEye-based long range LiDAR on track for start of production in 2024 Multiple redundant sensor setup, based… Continue reading Continental Integrates AEye’s Long-range LiDAR Technology into Full Stack Automated and Autonomous Solution
Chevron and Cummins Announce Strategic Collaboration on Hydrogen
SAN RAMON, Calif. & COLUMBUS, Ind.–(BUSINESS WIRE)–Chevron U.S.A. Inc., through its Chevron Products Company division (Chevron), and Cummins Inc., (NYSE: CMI) a global power and hydrogen technologies leader, announced a memorandum of understanding (MOU) to explore a strategic alliance to develop commercially viable business opportunities in hydrogen and other alternative energy sources. The MOU provides… Continue reading Chevron and Cummins Announce Strategic Collaboration on Hydrogen
@niche: Israeli EV start-up partners with major US bodywork supplier001039
Israeli start-up REE has partnered with a major US commercial-vehicle bodywork supplier as it targets the e-mobility market with a new platform. EAVX, owned by JB Poindexter, will collaborate with the firm to develop commercial electric work trucks, which the firm says will be “best-in-class and zero-emissions”. REE has also launched an online configurator on which customers… Continue reading @niche: Israeli EV start-up partners with major US bodywork supplier001039
Swarm intelligence for automated driving
Bosch and VW are harvesting real-time information for high resolution maps Go to Source
Efficiently testing power electronics of e-vehicles
Mobility Solutions is the largest Bosch Group business sector. It generated sales of 42.1 billion euros in 2020, and thus contributed 59 percent of total sales from operations. This makes the Bosch Group one of the leading automotive suppliers. The Mobility Solutions business sector pursues a vision of mobility that is safe, sustainable, and exciting,… Continue reading Efficiently testing power electronics of e-vehicles
@Daimler: Preliminary Q2 2021 results above market expectations despite semiconductor shortage
Mercedes-Benz Cars & Vans achieved strong results in the second quarter thanks to convincing products, favorable product mix, pricing and ongoing cost discipline. This was despite negative effects from the very limited availability of semiconductor components. Daimler Trucks & Buses sales increased in almost all regions due to improved market conditions, which translated into higher… Continue reading @Daimler: Preliminary Q2 2021 results above market expectations despite semiconductor shortage
@Daimler: 15. Jul 2021Preliminary Q2 2021 results above market expectations
July 15, 2021 – Mercedes-Benz Cars & Vans achieved strong results in the second quarter thanks to convincing products, favorable product mix, pricing and ongoing cost discipline. This was despite negative effects from the very limited availability of semiconductor components. Daimler Trucks & Buses sales increased in almost all regions due to improved market conditions,… Continue reading @Daimler: 15. Jul 2021Preliminary Q2 2021 results above market expectations