BOSTON/SEOUL/TOKYO, December 11, 2020 – Hyundai Motor Group and SoftBank Group Corp. (SoftBank) today agreed on main terms of the transaction pursuant to which Hyundai Motor Group will acquire a controlling interest in Boston Dynamics in a deal that values the mobile robot firm at $1.1 billion. The deal came as Hyundai Motor Group envisions the… Continue reading @Hyundai: Hyundai Motor Group to Acquire Controlling Interest in Boston Dynamics from SoftBank Group, Opening a New Chapter in the Robotics and Mobility Industry
Category: OEMs
@Nio: 424B5: Form of prospectus disclosing information, facts, events covered in both forms 424B2, 424B3000170
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@Tata-JLR: InMotion invests in Circulor to help Jaguar Land Rover trace sustainable supply chain
InMotion, Jaguar Land Rover’s venture capital and mobility services arm, has invested in blockchain technology firm Circulor Blockchain technology can trace valuable raw materials from origin to supplier Circulor uses combination of GPS, biometrics and QR codes to verify supply chain Investment will help Jaguar Land Rover source premium materials with greater transparency Tuesday 15th… Continue reading @Tata-JLR: InMotion invests in Circulor to help Jaguar Land Rover trace sustainable supply chain
@Daimler: 08. Dec 2020Mercedes-Benz AG sells passenger-car plant in Hambach, France to the British company INEOS Automotive
December 08, 2020 – On the road to CO2 neutrality, Mercedes-Benz AG is investing heavily in the transformation of the company. In the context of increasing efficiency, this also includes the structural adjustment and realignment of production capacity and volume within the Mercedes-Benz Cars global production network. Against this background, Mercedes-Benz AG and INEOS Automotive… Continue reading @Daimler: 08. Dec 2020Mercedes-Benz AG sells passenger-car plant in Hambach, France to the British company INEOS Automotive
@Daimler: 14. Dec 2020Mercedes-Benz Production network goes electric: Six new EW launches by 2022
Mr. Burzer, are you equipped for the production of electric vehicles in your production network? The Mercedes-EQ production network is ready for our electric offensive. We started this transformation several years ago and set up our plants with maximum flexibility. The Mercedes-EQ electric models are gradually being integrated into our existing vehicle plants worldwide. They… Continue reading @Daimler: 14. Dec 2020Mercedes-Benz Production network goes electric: Six new EW launches by 2022
@GM: GM Commits Full Support to SGMW’s NEV Development
GM Commits Full Support to SGMW’s NEV Development 2020-12-14 LIUZHOU – General Motors will continue to fully support its SAIC-GM-Wuling (SGMW) joint venture’s innovation and development of new energy vehicles (NEVs), said GM Executive Vice President and GM China President Julian Blissett during a recent visit to the company’s headquarters in Liuzhou, Guangxi. SGMW has… Continue reading @GM: GM Commits Full Support to SGMW’s NEV Development
@VW Group: Digital Transformation: Volkswagen factories in the U.S. and Mexico to link up with the Industrial Cloud
Dec 14, 2020 Chattanooga (TN), Puebla and Silao (Mexico) are the first Volkswagen factories outside Europe to be connected with the global Industrial Cloud initiative from the Volkswagen Group and Amazon Web Services The Industrial Cloud is an IT industrial platform and designed to increase efficiencies and production innovation on a global scale App store… Continue reading @VW Group: Digital Transformation: Volkswagen factories in the U.S. and Mexico to link up with the Industrial Cloud
@VW Group: Volkswagen Supervisory Board agrees on management positions and reorganisation of Group Board – stronger focus on costs planned
During its meeting today, the Supervisory Board of Volkswagen AG dealt extensively with the Together 2025+ strategy and, in connection with this, a realignment of personnel. The Board unanimously resolved to give its full support to the strategy, in particular the orientation of the company towards electromobility and digitalisation. This results in the following realignment… Continue reading @VW Group: Volkswagen Supervisory Board agrees on management positions and reorganisation of Group Board – stronger focus on costs planned
@VW Group: Clean and cultivated: || the 2.0 TDI engine with new Euro 6d emission standard
Clean and smooth-running – the 2.0 TDI, Volkswagen’s most important diesel engine is now in new top form. Thanks to sophisticated twin dosing technology in the exhaust gas system, it undercuts the Euro 6d emission standard limits while also running quietly and smoothly. “The two-litre TDI engine remains one of our most important engines,” says… Continue reading @VW Group: Clean and cultivated: || the 2.0 TDI engine with new Euro 6d emission standard
@VW Group: Dr Arno Antlitz becomes Board Member for Finance and IT at Volkswagen Group
Today the supervisory board of Volkswagen has taken a far-reaching personnel decision: Dr Arno Antlitz, Board Member for Finance and Legal Affairs at Audi since 1 March 2020, will take over the position of Board Member for Finance and IT in the Volkswagen Group. He will succeed Frank Witter, who will leave the Management Board… Continue reading @VW Group: Dr Arno Antlitz becomes Board Member for Finance and IT at Volkswagen Group