Pony.ai Raises $400 Million from Toyota to Accelerate Autonomous Driving Development

FREMONT, Calif., Feb. 25, 2020 (GLOBE NEWSWIRE) — Pony.ai, an autonomous driving company, announces today that it has raised $400 million from Toyota Motor Corporation to deepen and expand the two companies’ collaboration in mobility services. The investment comes as an extension of a business partnership that was formed between Pony.ai and Toyota in 2019.… Continue reading Pony.ai Raises $400 Million from Toyota to Accelerate Autonomous Driving Development

ON Semiconductor and Pony.ai Collaboration on Next-Gen Image Sensing and Processing Technologies for Autonomous Vehicles

FREMONT, Calif., Jan. 06, 2020 (GLOBE NEWSWIRE) — ON Semiconductor (Nasdaq: ON), driving energy efficient innovations, and Pony.ai, a leading autonomous driving technology company, announced today that they will collaborate on developing next-generation image sensing and processing technologies for machine vision to enhance the reliability and scalability of mass-produced autonomous vehicles.Pony.ai is working to revolutionize… Continue reading ON Semiconductor and Pony.ai Collaboration on Next-Gen Image Sensing and Processing Technologies for Autonomous Vehicles

Ferrari N.V.: informativa periodica sull’acquisto di azioni proprie

Maranello (Italia), 2 marzo 2020 – Ferrari N.V. (“Ferrari” o la “Società”) (NYSE/MTA: RACE) annuncia, nell’ambito della terza tranche del programma di acquisto di azioni proprie annunciata in data 14 novembre 2019 (“Terza Tranche”), di avere acquistato sul Mercato Telematico Azionario (MTA) le ulteriori azioni ordinarie sotto riportate su base giornaliera, in forma aggregata:Dall’annuncio della… Continue reading Ferrari N.V.: informativa periodica sull’acquisto di azioni proprie

Renault Samsung’s Feb. sales plunge 40 pct on lower demand, reduced output

Renault Samsung Motors Corp. said Monday its sales plunged 40 percent last month from a year earlier due to a shortage of parts caused by the outbreak of the new coronavirus.The company stopped the operation of its sole plant in Busan, 453 kilometers south of Seoul, for four working days in February.French carmaker Renault S.A. has an 80-percent stake in Renault Samsung.

Shouqi Limousine & Chauffeur installs in-car ultraviolet air cleaning devices for traveling peace-of-mind, upgrading to a more clean riding environment

Currently, China’s battle against the novel coronavirus outbreak has entered into a critical phase and “epidemic prevention and resumption of production” have become the key words in this period. The missions and responsibilities are resting on our shoulders. In response to the call of the Party and the government, Shouqi Limousine & Chauffeur has continuously… Continue reading Shouqi Limousine & Chauffeur installs in-car ultraviolet air cleaning devices for traveling peace-of-mind, upgrading to a more clean riding environment

Toyota plans $1.2 bil. EV plant in China

BEIJING/TOKYO (Reuters) — Toyota Motor Corp. plans to build a new electric vehicle plant in Tianjin, China, with its local partner FAW Group, a document from the local authorities showed.The joint venture between Toyota and FAW plans to invest around 8.5 billion yuan ($1.22 billion) in the plan…

GM will add more than 1,200 jobs to Michigan assembly plants

A day after pushing off its final Chevrolet Impala, General Motors announced Friday it will add more than 1,200 jobs to it’s Lansing manufacturing operations to meet demands for its mid-size SUVs and the launch of two Cadillac sedans.The remaining 800 will aid the Lansing Delta Township Assembly in building the Chevrolet Traverse and Buick Enclave.The Lansing Grand River Assembly and Lansing Delta Township Assembly will add a second and third shift, respectively, to accommodate the growth in demand.

Polish electric car producer presents partner to design its first models

ElectroMobility Poland, a company founded by four Polish energy companies (Enea, Energa, PGE and Tauron) with the aim of starting production of 100,000 electric cars by 2022 or 2023, has revealed the company which will design the cars according to news portal polandin.com.It is almost certain that manufacturing will be based in one of the regions where Poland’s automotive industry is concentrated, Silesia or Wielkopolska.Almost 10,000 electric cars are currently driven on Polish roads.

BMW Brilliance rolls 3 millionth car off production line

BBA resumed production of its Tiexi and Dadong plants in Shenyang on Feb 17, with nearly 20,000 employees, including those from its suppliers who worked in the plants, returning to work as scheduled.China has become the world’s largest sales market for BMW.The German automaker has invested over 52 billion yuan ($7.4 billion) and built two vehicle plants and one powertrain plant in Shenyang.