Features advanced technologies including 3D and 360-degree surround view, trailer guidance, mutli-terrain view, and see-through hood Available in the North American market Offers best-in-class image quality AURORA, Ontario, May 04, 2022 (GLOBE NEWSWIRE) — Magna’s advanced driver assist systems (ADAS) are helping pave the way for global automakers to enhance safety, comfort and convenience. The… Continue reading Magna’s Surround View System Launches on All-New Toyota Tundra
Category: Automotive
@Ferrari: Q1 2022: ANOTHER STRONG START000243
Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) today announces its consolidated preliminary results for the first quarter ended March 31, 2022. Total shipments of 3,251 units, up 17.3% versus Q1 2021 Net revenues of Euro 1,186 million, up 17.3% versus prior year EBITDA of Euro 423 million, up 12.5% versus prior year. EBITDA margin… Continue reading @Ferrari: Q1 2022: ANOTHER STRONG START000243
BorgWarner to Provide eMotors for Leading EV Brand in China
BorgWarner’s high-voltage hairpin eMotors to be used in the Chinese brand’s second-generation 800V propulsion system platform Delivers higher efficiency, power and torque density Expected to strengthen BorgWarner’s leadership in electric propulsion systems AUBURN HILLS, Mich., May 4, 2022 /PRNewswire/ — BorgWarner, a global leader in delivering innovative and sustainable mobility solutions for the vehicle market, has… Continue reading BorgWarner to Provide eMotors for Leading EV Brand in China
BorgWarner to Provide Dual Inverter for a Leading Chinese OEM, Further Expanding Its Hybrid System Applications
Partnership demonstrates BorgWarner’s continued leadership in inverter technology for the dedicated hybrid transmission (DHT) segment in China and beyond Technology delivers multi-functionality, cost and weight reduction, flexible packaging and easy installation Dual inverters provide dynamic operating range with enhanced efficiency for greater fuel economy AUBURN HILLS, Mich., May 4, 2022 /PRNewswire/ — BorgWarner, a global leader… Continue reading BorgWarner to Provide Dual Inverter for a Leading Chinese OEM, Further Expanding Its Hybrid System Applications
BorgWarner Secures Business Win for Battery Management System
Flexible battery management system aids in weight savings and vehicle range goals Individual cell balancing optimizes battery pack performance, safety and lifespan B- and C-segment cars as well as light commercial vehicles to be equipped beginning in 2023 AUBURN HILLS, Mich., May 4, 2022 /PRNewswire/ — BorgWarner’s battery management system (BMS) has been selected by… Continue reading BorgWarner Secures Business Win for Battery Management System
BORGWARNER ANNOUNCES MULTIPLE ELECTRIFICATION AWARDS AND REPORTS FIRST QUARTER RESULTS
AUBURN HILLS, Mich., May 4, 2022 /PRNewswire/ — BorgWarner Inc. (NYSE: BWA) today reported first quarter results. New Program Awards and Charging Forward Highlights: BorgWarner announced the first OEM business win for the Company’s flexible battery management system (BMS) technology. The Company’s BMS has been selected by a leading global vehicle manufacturer to equip all… Continue reading BORGWARNER ANNOUNCES MULTIPLE ELECTRIFICATION AWARDS AND REPORTS FIRST QUARTER RESULTS
German Handelsblatt: Electromobility: Porsche invests in new batteries – the new material is that powerful004257
Sports sedan Taycan With new battery materials, Porsche could increase the range and charging speed of its car batteries. For new, high-performance batteries, Porsche is again allowed to go its own way in the Volkswagen Group with a lot of money: First, in 2021, the Zuffenhausen-based company announced that it would build a high-performance battery… Continue reading German Handelsblatt: Electromobility: Porsche invests in new batteries – the new material is that powerful004257
German Manager Magazine: Aston Martin: Amedeo Felisa replaces Tobias Moers001742
The British sports car manufacturer Aston Martin wants to come out of the crisis with a new management team. Amedeo Felisa (76), former Ferrari boss, takes over the top position at the car manufacturer, which became internationally famous through the “James Bond” films. The previous Aston Martin boss Tobias Moers (56) resigns with immediate effect,… Continue reading German Manager Magazine: Aston Martin: Amedeo Felisa replaces Tobias Moers001742
Meritor Reports Second-Quarter Fiscal Year 2022 Results
TROY, Mich., May 3, 2022 /PRNewswire/ — Meritor, Inc. (NYSE: MTOR) today reported financial results for its second fiscal quarter that ended March 31, 2022. Second-Quarter Highlights Sales of $1,154 million Net income attributable to Meritor of $62 million and net income from continuing operations attributable to Meritor of $61 million Diluted earnings per share from… Continue reading Meritor Reports Second-Quarter Fiscal Year 2022 Results
Porsche AG Takes the Lead in Group14 Technologies’ $400M Raise to Accelerate Global Production of Lithium-Silicon Battery Materials
Group14’s Series C supports Porsche AG to electrify its models and meet the demand of the global EV market Diverse set of institutional investors back the latest fundraising, including OMERS Capital Markets, Decarbonization Partners (a partnership between Temasek and BlackRock), Riverstone Holdings LLC, Vsquared Ventures and Moore Strategic Ventures complementing battery industry strategics Porsche subsidiary,… Continue reading Porsche AG Takes the Lead in Group14 Technologies’ $400M Raise to Accelerate Global Production of Lithium-Silicon Battery Materials