“The North American Commercial Vehicle Show is the ideal venue to showcase the latest solutions for our customers,” said Roger Nielsen, president and CEO, Daimler Trucks North America. “The innovative work of our collective team is represented in the products and services displayed in our booth, designed to demonstrate the complete customer journey of today,… Continue reading Daimler Trucks North America Showcases Robust Lineup at NACV
Category: Automotive
BorgWarner Develops Innovative Torque-Vectoring Dual-Clutch System for Electric Vehicles
AUBURN HILLS, Mich., Oct. 28, 2019 /PRNewswire/ — BorgWarner has developed an innovative torque vectoring system for electric vehicles which enables the use of just one electric motor instead of the traditional two that are typically found on electric vehicles. This solution is cost-effective and features a compact design, significantly reducing the vehicle space needed as well… Continue reading BorgWarner Develops Innovative Torque-Vectoring Dual-Clutch System for Electric Vehicles
Bentley’s CEO of North and South America reveals the biggest way millennials are different than older customers
Climate change has received more attention as its current and future effects become increasingly dire.Like other automakers, Bentley plans to increase its electric and hybrid offerings in the coming years.Each of its vehicles will have a hybrid option by 2023, and the luxury automaker plans to release its first fully-electric vehicle in 2025.
BAIC makes capital statement with BEIJING brand launch
China’s BAIC Group, partner of Mercedes-Benz and Hyundai, has unveiled a new brand called BEIJING in an effort to sharpen the competitive edge of its own passenger vehicle business.BJEV spent 159 million yuan ($22.5 million) in research and development in the first half of the year.In five years’ time, the group will invest 20 billion yuan to develop two new product platforms: one for hybrid cars and the other for electric vehicles.
Smart Radar System Raises Series A for the World’s First 4D Image Radar with Sub-1 Degree Angular Resolution
SEONGNAM, Korea, Oct. 28, 2019 /PRNewswire/ — Smart Radar System (SRS), a startup developing radar solutions for autonomous cars and industrial applications, closed a $4 million Series A funding round. The round was led by Kakao Ventures, with participation from Hemi Ventures, Hyundai Investment Partners and other investors. Continue Reading Smart Radar System RETINA 4:… Continue reading Smart Radar System Raises Series A for the World’s First 4D Image Radar with Sub-1 Degree Angular Resolution
VW revs up efforts to take on driverless vehicle rivals
Tech from Silicon Valley to Shenzhen A dedicated team of journalists follow the trillions made and lost in tech, serving crisp analysis, expert opinions and two weekly newsletters to be your guide to global tech trends and their economic impact. Go to Source
ABB to acquire Chinese EV charging provider Chargedot
The acquisition will strengthen ABB’s relationship with leading Chinese electric vehicle manufacturers and broaden the company’s e-mobility portfolio with hardware and software developed for local use ABB is to acquire a majority stake of 67 percent in Shanghai Chargedot New Energy Technology Co, a leading Chinese e-mobility solution provider. The transaction is expected to be… Continue reading ABB to acquire Chinese EV charging provider Chargedot
Great Wall’s recovery seen to be temporary as shares surge
HONG KONG (Nikkei Markets) — The tailwinds that led to Great Wall Motor‘s unexpectedly strong show, propelling its shares on Monday, are unlikely to last for long, say some analysts. The Chinese sports utility vehicle and sedan maker late on Friday said its profit soared more than 500% year-on-year in the third quarter following a… Continue reading Great Wall’s recovery seen to be temporary as shares surge
Dreyev Chooses HERE to Improve Driver Safety
New HERE Live Sense SDK Provides a More Complete Driver Safety Solution for Fleet Managers and Insurance Carriers Go to Source
NIO Inc. Announces Management Change
SHANGHAI, China, Oct. 28, 2019 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NIO), a pioneer in China’s premium electric vehicle market, today announced that Mr. Louis T. Hsieh has tendered his resignation as chief financial officer of the Company for personal reasons, effective October 30, 2019. The Company has commenced the search for… Continue reading NIO Inc. Announces Management Change