TOKYO — Auto parts supplier Marelli Holdings, owned by U.S. private equity giant KKR, has called on Nissan Motors for help in inventory purchases and requested Mizuho Bank and others to lengthen the grace period for its debt payments, Nikkei has learned. Go to Source
Category: Automotive
Apple assembler Luxshare to build EVs as Foxconn-style contractor
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@Tata-JLR: Alex Smout, Principal at InMotion Ventures, speaks to Automotive World about transforming the customer buying experience
Consumers today are used to having things their own way. Whether it’s recommendations on Netflix and Spotify, or bespoke shopping experiences on Amazon and ASOS, the customer experience is all-important. The automotive industry is no exception. As cars continue to become safer, more comfortable, and more environmentally friendly, the purchasing experience should also evolve. Various… Continue reading @Tata-JLR: Alex Smout, Principal at InMotion Ventures, speaks to Automotive World about transforming the customer buying experience
Britishvolt secures £40m investment for electric vehicle battery factory
Britishvolt secures £40m investment for electric vehicle battery factory Startup to be based near Blyth is regarded as key to prospects for the UK’s automotive industry Peter Rolton, Britishvolt’s executive chairman, shows a billboard at the site of the company’s planned battery plant in the former industrial town of Blyth in Northumberland. Photograph: Nick Carey/Reuters… Continue reading Britishvolt secures £40m investment for electric vehicle battery factory
DENSO to Take Minority Stake in JASM
KARIYA, Japan, Feb. 15, 2022 /PRNewswire/ — TSMC (TWSE: 2330,NYSE: TSM), Sony Semiconductor Solutions Corporation (“SSS”) and DENSO Corporation (“DENSO”) today announced that DENSO will take a minority stake in Japan Advanced Semiconductor Manufacturing, Inc. (“JASM”), TSMC’s majority-owned manufacturing subsidiary in Kumamoto Prefecture, Japan with a US$0.35 billion investment. With this equity investment, DENSO will… Continue reading DENSO to Take Minority Stake in JASM
@Ford: Ford to Webcast Fireside Chats with Company Leaders on Feb. 23 & Feb. 24
About Ford Motor Company Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with… Continue reading @Ford: Ford to Webcast Fireside Chats with Company Leaders on Feb. 23 & Feb. 24
BorgWarner’s All-New 800-Volt Integrated Electric Drive Module Drives Leading Chinese NEV Brands Forward
– 800-Volt integrated drive module (iDM) features high-voltage silicon carbide inverter – The new highly integrated and efficient iDM220 delivers superior performance – Enables global automakers to produce cleaner, more efficient vehicles AUBURN HILLS, Mich., Feb. 15, 2022 /PRNewswire/ — BorgWarner has secured a contract with a Chinese luxury new energy vehicle (NEV) brand to… Continue reading BorgWarner’s All-New 800-Volt Integrated Electric Drive Module Drives Leading Chinese NEV Brands Forward
The EV boom is being fueled by underpaid, underfed cobalt miners
Andre clocks into his job at the Kamoto Copper Company (KCC) in the Democratic Republic of Congo at 7 in the morning, and he leaves at 6 at night. The work is physically demanding, and while KCC provides Andre with lunch, he says the food quality is poor, and he’s often hungry afterward. He is… Continue reading The EV boom is being fueled by underpaid, underfed cobalt miners
The Polestar 5 will be built atop a ‘bespoke’ bonded aluminum platform
The Polestar 5 will be cut from a different cloth than its predecessors when it launches at the end of 2024. Polestar announced on Tuesday that its upcoming electric performance sedan will ride atop an entirely new, lightweight bonded aluminum platform rather, than the welded design used by the 1 and 2. Polestar Because welding… Continue reading The Polestar 5 will be built atop a ‘bespoke’ bonded aluminum platform
Mundimoto raises $22.6M to expand online used motorcycle platform into Europe
Mundimoto, an online motorcycle buying and selling startup, has raised $22.6 million (€20 million) to expand its platform beyond its home country of Spain and into Europe, starting with Italy and Holland. The company plans to hire 50 engineers and 250 new employees to advance the technology product and support international expansion. The round was… Continue reading Mundimoto raises $22.6M to expand online used motorcycle platform into Europe