Tesla will release its “full self-driving” driver-assistance system as a subscription service in early 2021, CEO Elon Musk tweeted Sunday. The carmaker released a beta version of the software to some Tesla owners in October. The “full self-driving” system, which does not give cars full autonomy, is currently a $10,000 add-on. Visit Business Insider’s homepage… Continue reading Elon Musk says Tesla will release its ‘full self-driving’ feature as a subscription in early 2021 (TSLA)
Category: Automotive
ABB establishes new global R&D center for e-mobility
Charging infrastructure giant ABB has established a new E-mobility Innovation Lab. The $10-million, 3,600-square-meter facility is based on the Delft University of Technology campus, in the Netherlands. It will house 120 specialists, who will work on next-generation solutions to drive ABB’s future e-mobility development. ABB strives to ensure seamless connections among vehicles, charging stations, charging… Continue reading ABB establishes new global R&D center for e-mobility
@Daimler: An impressive start to the new year: Mercedes-Benz unveils the MBUX Hyperscreen
World premiere of the MBUX Hyperscreen on January 7th on Mercedes me media Stuttgart. For Mercedes-Benz, 2021 marks the beginning of the next chapter in interaction between vehicle and user: the MBUX Hyperscreen takes the operation and display of infotainment, comfort and vehicle functions to a new level thanks to artificial intelligence (AI). The large,… Continue reading @Daimler: An impressive start to the new year: Mercedes-Benz unveils the MBUX Hyperscreen
Shape Process Automation Brings Advanced Material Processing And Handling Solutions To The Automotive Light-Weighting Initiative
AUBURN HILLS, Mich., Dec. 21, 2020 /PRNewswire/ — WKW Automotive, a major Tier 1 supplier, has awarded Shape Process Automation, a program valued at approximately $15MUSD to provide two inline laser systems complete with material handling capabilities. This program has the potential to be the highest throughput aluminum robotic laser cutting line in the world. Shape… Continue reading Shape Process Automation Brings Advanced Material Processing And Handling Solutions To The Automotive Light-Weighting Initiative
Superpedestrian Raises $60M from Citi, OurCrowd and Others, Fueling Expansion of LINK: Industry’s Only Scooter Fleet with On-Board Intelligence
NEW YORK, Dec. 21, 2020 /PRNewswire/ — Superpedestrian has secured major financial backing from the Citi Impact Fund, OurCrowd, Winthrop Square Capital, and others–part of a new $60 million investment in the transportation robotics company that will fuel responsible growth of its LINK scooter fleet equipped with unique On-Board Intelligence and an active safety system.… Continue reading Superpedestrian Raises $60M from Citi, OurCrowd and Others, Fueling Expansion of LINK: Industry’s Only Scooter Fleet with On-Board Intelligence
Continental bags Hyundai India’s digital instrument cluster order, ramps up capacity
Continental Automotive India has announced that the company has bagged orders to supply digital instrument clusters to Hyundai Motor India for its Venue crossover and Verna sedan. As a result, it has enhanced its production and development capabilities at its manufacturing plant in Bangalore, Karnataka, in order to meet the growing local demand. Part of… Continue reading Continental bags Hyundai India’s digital instrument cluster order, ramps up capacity
@Renault: AVTOVAZ has started production of the new LADA Niva Travel000146
On December 21, the plant ”LADA West Togliatti”, a subsidiary of JSC ”AVTOVAZ”, started series production of the SUV under the new name – LADA Niva Travel. Dmitry Azarov, Governor of the Samara Region, and Yves Karakatzanis, President of AVTOVAZ, took part in the solemn ceremony of the first production car rolling off the assembly… Continue reading @Renault: AVTOVAZ has started production of the new LADA Niva Travel000146
THOR Announces Acquisition Of Luxury RV Manufacturer Tiffin Motorhomes
ELKHART, Ind., Dec. 21, 2020 /PRNewswire/ — THOR Industries, Inc. (NYSE: THO) today announced the acquisition of Tiffin Motor Homes, Inc. and related companies (collectively, the “Tiffin Group”) for $300 million, funded with a combination of available cash and a draw on the Company’s existing asset-based credit facility. The Purchase Agreement was executed and effective… Continue reading THOR Announces Acquisition Of Luxury RV Manufacturer Tiffin Motorhomes
German Handelsblatt: Vehicle manufacturers: engineers in their sights – Opel will cut more jobs in 2021001011
Opel boss Michael Lohscheller Opel costs are expected to drop significantly in 2021. (Photo: dpa) Munich In public, Opel boss Michael Lohscheller likes to mimic the optimist. The brand with the lightning bolt has developed into the “efficiency world champion” and is weatherproof, he rejoiced in the autumn. The forthcoming merger of the French parent… Continue reading German Handelsblatt: Vehicle manufacturers: engineers in their sights – Opel will cut more jobs in 2021001011
German Handelsblatt: British exit from the EU: How BMW is preparing for Brexit001012
Mini production in Oxford Bit by bit, BMW is likely to move production of the Mini to locations outside the UK. (Photo: Bloomberg) Munich Hardly any German company would be as affected by a hard Brexit as BMW. With Mini and Rolls-Royce, two out of three group brands have their headquarters on the island. Since… Continue reading German Handelsblatt: British exit from the EU: How BMW is preparing for Brexit001012