Category: Automotive

@BMW: BMW Group Report 2021001812

Do you need help? Please contact our support team from 9 to 17 CET via support.pressclub@bmwgroup.com. PressClub Global · Article. Wed Mar 16 07:32:04 CET 2022 Press Release Top Report on the BMW Group’s economic performance and its ecological and social contributions Attached please find the BMW Group Report 2021. The Media Day of the… Continue reading @BMW: BMW Group Report 2021001812

Mercedes-Benz opens new battery plant in the U.S.

Mercedes-Benz opens a new battery plant in Bibb County, Alabama, a few months ahead of the start of production of all-electric Mercedes-EQ vehicles in the United States (U.S.). Mercedes-Benz will produce the EQS SUV and EQE SUV in its plant in Alabama, as part of a global push to produce all-electric vehicles at seven locations… Continue reading Mercedes-Benz opens new battery plant in the U.S.

Nexteer Reports Full Year 2021 Financial Results

AUBURN HILLS, Mich., March 16, 2022 /PRNewswire/ — Nexteer Automotive today reported annual results for its fiscal year ended December 31, 2021. Although 2021 provided another challenging operating environment resulting from the ongoing global pandemic which brought unprecedented supply chain constraints and inflationary pressures to the automotive industry broadly, Nexteer continued to execute its long-term… Continue reading Nexteer Reports Full Year 2021 Financial Results

DENSO Group Company NSITEXE Leads Quadric’s $21 Million Series B Funding Round to Enhance AI Solutions

Investment advances DENSO’s commitment to achieve an environmentally-friendly, safe and secure mobility future NSITEXE, Inc., led Quadric’s $21 million Series B funding round NSITEXE is a DENSO group company that designs and develops key semiconductor components enabling next-generation automotive applications DENSO’s collaboration with Quadric helps the mobility supplier progress its sustainability and safety goals SOUTHFIELD,… Continue reading DENSO Group Company NSITEXE Leads Quadric’s $21 Million Series B Funding Round to Enhance AI Solutions

@Ford: Geared for Success: Ford Now Operates 3D Printers Autonomously, Increasing Efficiency and Reducing Cost

Using a mobile robot, Ford operates 3D printers autonomously; the company has filed several patents for the technology in its drive to innovate Autonomous process enables 3D printer to run continuously with no human interaction needed, increasing throughput and reducing cost of custom-printed products Innovative Ford communication system enables different pieces of equipment from various… Continue reading @Ford: Geared for Success: Ford Now Operates 3D Printers Autonomously, Increasing Efficiency and Reducing Cost

Chinese EV battery maker Phylion looks to raise $236m in new round

Phylion, a maker of lithium-ion batteries for electric vehicles (EVs), is planning to raise up to 1.5 billion yuan ($236 million) in a new round of financing, according to a statement on Tuesday.  State-backed Shenzhen Capital Group, the lead investor of the round, has already seeded 950 million yuan ($149 million), the statement added.  Upon… Continue reading Chinese EV battery maker Phylion looks to raise $236m in new round

Cadillac will offer two new features to select Super Cruise drivers this summer

GM’s Super Cruise will learn two new tricks this summer. GM announced on Tuesday that the driver assist system will offer Automatic Lane Change and Trailering capabilities for eligible owners. Owners of the 2021 Cadillac CT4 and CT5 will have the opportunity to purchase Automatic Lane Change capabilities while 2021 Escalade owners will be given the Trailering option,… Continue reading Cadillac will offer two new features to select Super Cruise drivers this summer

@Daimler: 15. Mar 2022Mercedes-Benz EV ramp-up: new battery plant sets stage for EQS SUV production in the U.S.

Comprehensive sustainability was a central element of the planning criteria, starting with the highly energy-efficient design of the building itself. For instance, solar thermal energy is used to heat water, while rainwater capture and use helps conserve precious natural resources. Further sustainable initiatives include the intelligent and highly efficient control of LED lighting and ventilation… Continue reading @Daimler: 15. Mar 2022Mercedes-Benz EV ramp-up: new battery plant sets stage for EQS SUV production in the U.S.