We are excited to announce our investment in Kinexon, a Munich-based technology leader for localization solutions based on its software and connected devices for the Internet of Things (IoT). Kinexon’s real-time IoT platform turns critical localization data for all moving parts on the shop floor into actionable insights, enabling the next generation of industrial automation… Continue reading @BMW: Enabling Location-based Process Automation: Our Investment in Kinexon001919
Category: OEMs
@BMW: Process automation for highest demands: BMW Group acquires stake in Munich-based technology provider Kinexon GmbH001919
Press information 26 April 2022 Process automation for highest demands:BMW Group acquires stake in Munich-based technologyprovider Kinexon GmbH Innovative, jointly developed software platform enables process automation in automotive manufacturing Minority stake acquired through BMW i Ventures Board Member for Production Nedeljković: “New standards in digital production steering” Munich/Mountain View, California. The BMW Group has acquired… Continue reading @BMW: Process automation for highest demands: BMW Group acquires stake in Munich-based technology provider Kinexon GmbH001919
@Geely-Volvo: Volvo Cars Tech Fund makes strategic investment in online marketplace carwow
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Electric Corvette Confirmed, Hybrid Arriving in 2023 – Forbes
Chevrolet released a teaser video of the upcoming Corvette hybrid in the wake of GM President Mark Ruess’ unscripted comments in an interview. GM Chairman and CEO Mary Barra later confirmed the statement in a tweet. Chevrolet General Motors’ electrification program is gearing up fast, and, appropriately enough, the automaker now plans to electrify the… Continue reading Electric Corvette Confirmed, Hybrid Arriving in 2023 – Forbes
@GM: BrightDrop and FedEx Take Part in Record-Setting EV Campaign
BrightDrop and FedEx Take Part in Record-Setting EV Campaign 2022-04-22 A BrightDrop driver, in collaboration with FedEx, sets GUINNESS WORLD RECORDS ® title for greatest distance traveled by an electric van on a single charge The near 260-mile road trip was completed in a BrightDrop Zevo 600 from New York City to Washington, D.C. With… Continue reading @GM: BrightDrop and FedEx Take Part in Record-Setting EV Campaign
@Hyundai: Kia announces 1Q 2022 business results
1Q global sales totaled 685,739 units, little changed from 689,990 a year ago 1Q revenue at KRW 18.36 trillion, up 10.7% from KRW 16.58 trillion, 1Q operating profit at KRW 1.61 trillion; net profit KRW 1.03 trillion Operating profit margin at 8.8% in 1Q, a 49.2% increase from year earlier Kia to continue to expand… Continue reading @Hyundai: Kia announces 1Q 2022 business results
Stellantis CEO Carlos Tarvares’ pay brings French rivals together – Automotive News
Carlos Tavares inadvertently united French President Emmanuel Macron and rival Marine Le Pen in opposition to his pay as CEO of Stellantis. Macron criticized Tavares’ 2021 compensation package — worth more than $80 million, Reuters said — in a radio interview about a week ahead of France’s presidential election. “We’re talking about astronomical sums here.… Continue reading Stellantis CEO Carlos Tarvares’ pay brings French rivals together – Automotive News
Autonomous vehicle with no human driver pulled over by U.S. police – Automotive News Europe
In a quiet San Francisco neighborhood earlier this month, three police officers stopped an autonomous vehicle driving with its headlights off and were captured on video trying to communicate with the car which had no human driver. The car’s owner, General Motors-backed Cruise Automation, has been rolling out its robotaxi service in the city since… Continue reading Autonomous vehicle with no human driver pulled over by U.S. police – Automotive News Europe
Exclusive: Bill Ford talks F-150 as it goes electric: ‘Most important launch of my career’ – Detroit News
This week will bring what Ford Motor Co. Executive Chair Bill Ford deems the most important vehicle launch of his career, the culmination of a journey he started 43 years ago when he joined the company founded by his great-grandfather. Ford on Tuesday will launch the F-150 Lightning, an all-electric version of America’s best-selling truck and the automaker’s profit… Continue reading Exclusive: Bill Ford talks F-150 as it goes electric: ‘Most important launch of my career’ – Detroit News
Mercedes EV breaks 1000 km range barrier to outdo Tesla – Automotive News Europe
A Mercedes-Benz electric car drove more than 1,000 km (621 miles) from Germany to the French Riviera on a single charge, taking the fight to seize the technology limelight from Tesla to the next level. The EQXX prototype traveled from Sindelfingen, near Stuttgart, via Switzerland and Italy to the Mediterranean coastal town of Cassis, the… Continue reading Mercedes EV breaks 1000 km range barrier to outdo Tesla – Automotive News Europe