Category: Automotive

Chinese electric vehicle maker Leap Motor raises $290m in funding

November 22, 2018 Hangzhou-based electric vehicle maker Leap Motor has raised RMB2 billion ($290 million) for its ongoing Series A round led by Shanghai Electric Group, it said in an announcement on November 21. The startup aims to raise RMB2.5 billion ($360 million) by the end of the year. Other investors that joined the round… Continue reading Chinese electric vehicle maker Leap Motor raises $290m in funding

New Battery Breakthrough Might Reduce Need For Cobalt

Cobalt is expensive, so reduction is key. For Kevin Sahin, 77, innovating is a way of life. This scientist-turned-entrepreneur behind a battery technology adopted by chemical giants BASF SE and Johnson Matthey Plc is now back with yet another invention – one that he claims that will be able to boost electric vehicle performance in the… Continue reading New Battery Breakthrough Might Reduce Need For Cobalt

Subaru Corporation Announces Changes in Areas of Responsibility of the Management(Effective November 1, 2018)

November 22, 2018

Subaru Corporation Announces Changes in Areas of Responsibility of the Management
(Effective November 1, 2018)

Tokyo, November 22, 2018 – Subaru Corporation made the following changes in areas of responsibility of the management. The changes took effect on November 1, 2018.

1. Changes in Directors’ areas of responsibility

Name
Effective November 1, 2018
Former

Yasuyuki Yoshinaga
Director
Chairman
– “Tadashii-Kaisha” Promotion Dept.
– Compliance Office
– “Tadashii-Kaisha” Promotion Dept.
– Compliance Office
– In Charge of Quality

—
—

Tomomi Nakamura
Representative Director
President
– Chief Executive Officer (CEO)
– Aerospace Company
– In Charge of Quality
– Chief Executive Officer (CEO)
– Aerospace Company

—
—

Masaki Okawara
Representative Director
Executive Vice President
– Chief Information Officer (CIO)
– IT Strategy Div.
– In Charge of Manufacturing
– China Project Office
-Chief Information Officer (CIO)
-IT Strategy Div.
-In Charge of Manufacturing

Chief General Manager of IT Strategy Div.
Chief General Manager of IT Strategy Div.

2. Change in Vice President’s areas of responsibility

Name
Effective November 1, 2018
Former

Yasuhiro Hamanaka
Vice President
– Aerospace　Company
– Aerospace　Company

Company Vice President of Aerospace
Company
General　Manager of Kisarazu Maintenance Dept.
Company Vice President of Aerospace
Company
General Manager of Production Planning Dept. and Kisarazu Maintenance Dept.

###

[PDF/226 KB]

Honda launches new all-electric Everus VE-1 for ~$25,000 in China

Honda, with its Chinese partner GAC, has launched a new all-electric crossover in China and it’s going to sell for the equivalent of just ~$25,000 USD. The Japanese automaker doesn’t have much to show for itself when it comes to electrification. It has been delivering relatively low volumes of the electric version of the Clarity and… Continue reading Honda launches new all-electric Everus VE-1 for ~$25,000 in China

Driven to safety — it’s time to pool our data

Kevin Guo Contributor Kevin Guo is the CEO and co-founder of Hive. For most Americans, the thought of cars autonomously navigating our streets still feels like a science fiction story. Despite the billions of dollars invested into the industry in recent years, no self-driving car company has proven that its technology is capable of producing mass-market autonomous vehicles… Continue reading Driven to safety — it’s time to pool our data

ZF Digital Convention: ZF Promotes Digital Transformation with Internal Congress

ZF’s ambitious future vision is clean and safe mobility that is automated, comfortable, affordable and accessible to everyone, everywhere, around the globe. Digitalization plays a central role: “It enables us to offer our products on a networked basis, comprehensively across diverse customer sectors,” said Mamatha Chamarthi, Chief Digital Officer at ZF Friedrichshafen AG. “To retain… Continue reading ZF Digital Convention: ZF Promotes Digital Transformation with Internal Congress

ZF is First in Germany to Fly Drones over Plant Premises

The six-motor drone can transport up to five kilograms in weight by air – or three kilograms of goods after taking into account the grippers and transport box. This is sufficient for the vast majority of spare parts and tools that need to be transported on company premises. Safety is also a top priority when… Continue reading ZF is First in Germany to Fly Drones over Plant Premises

Volkswagen strikes deal with Broadcom to end patent lawsuit – source

FILE PHOTO: Volkswagen logos are pictured during the media day of the Salao do Automovel International Auto Show in Sao Paulo, Brazil November 6, 2018. REUTERS/Paulo Whitaker/File Photo BERLIN (Reuters) – Germany’s Volkswagen (VOWG.DE) has struck a deal with U.S. semiconductor maker Broadcom (AVGO.O), ending a billion-dollar patent lawsuit that pitted the carmaker against its… Continue reading Volkswagen strikes deal with Broadcom to end patent lawsuit – source