Maranello (Italy), 10 December 2020 – Ferrari N.V. (NYSE/MTA: RACE) (”Ferrari” or “the Company”) announces that Mr. Louis Camilleri communicated today to the Company his decision, for personal reasons, to retire with immediate effect from his role as the Company’s Chief Executive Officer and as member of the Board of Directors.Ferrari’s Executive Chairman, John Elkann,… Continue reading Chief Executive Officer Louis Camilleri Retires for Personal Reasons; Executive Chairman John Elkann acting Chief Executive Officer
Category: Newswire
World NM: A wild feud between VW and one of its suppliers led to a ‘spy hunt’, an apparent suicide, and now a $500 million lawsuit000603
Volkswagen’s legal department has been fighting one fire after another: For years, lawyers at the global corporation have been fighting waves of lawsuits from customers and investors as a result of the Dieselgate scandal. Lear and Adient are “Tier 1” suppliers, the largest in their industry, whereas Prevent was a “Tier 2” supplier in the… Continue reading World NM: A wild feud between VW and one of its suppliers led to a ‘spy hunt’, an apparent suicide, and now a $500 million lawsuit000603
Solera Acquires Automotive Software Provider To Accelerate Expansion Of Its Global State-of-the-Art Bodyshop Management Solution
Solera will provide repair shop customers with an unmatched end-to-end data-driven customer journey – powered by dynamic intelligent data. WESTLAKE, Texas, Dec. 11, 2020 /PRNewswire/ — Solera Holdings, Inc. (“Solera”), a global leader in risk and asset management data and software solutions for the insurance and automotive industries, today announces the acquisition of InSyPro. This transaction… Continue reading Solera Acquires Automotive Software Provider To Accelerate Expansion Of Its Global State-of-the-Art Bodyshop Management Solution
Hyundai Motor Group to Acquire Controlling Interest in Boston Dynamics from SoftBank Group, Opening a New Chapter in the Robotics and Mobility Industry
Under the agreement, Hyundai Motor Group will hold an approximately 80% stake in Boston Dynamics and SoftBank, through one of its affiliates, will retain an approximately 20% stake in Boston Dynamics after the closing of the transaction. Hyundai Motor Group’s affiliates – Hyundai Motor Co., Hyundai Mobis Co. and Hyundai Glovis Co. – and Hyundai Motor Group… Continue reading Hyundai Motor Group to Acquire Controlling Interest in Boston Dynamics from SoftBank Group, Opening a New Chapter in the Robotics and Mobility Industry
Goodyear And SafeAI Announce Tire Intelligence For Autonomous Heavy Equipment
AKRON, Ohio, Dec. 10, 2020 /PRNewswire/ — The Goodyear Tire & Rubber Company (NASDAQ: GT) and SafeAI, a pioneer in autonomous heavy equipment, today announced a strategic relationship to incorporate tire intelligence into the programming of autonomous heavy equipment vehicles. Continue Reading (PRNewsfoto/The Goodyear Tire & Rubber Company) (PRNewsfoto/The Goodyear Tire & Rubber Company) Through an… Continue reading Goodyear And SafeAI Announce Tire Intelligence For Autonomous Heavy Equipment
Toyota Moves Closer to Production with Next Generation Fuel Cell Electric Technology for Zero-Emissions Heavy Duty Trucks
Designed to be flexible enough to meet the needs of a wide variety of OEM truck makers, the new fuel cell electric system in the latest prototypes has been adapted to a Kenworth T680 chassis. A more compact hydrogen storage cabinet behind the cab houses six hydrogen tanks with the same capacity as previous prototypes… Continue reading Toyota Moves Closer to Production with Next Generation Fuel Cell Electric Technology for Zero-Emissions Heavy Duty Trucks
DSP Concepts Secures Investment from SUBARU-SBI Innovation Fund to Accelerate Audio & Voice Control Innovation
Santa Clara, Calif., Dec. 10, 2020 /PRNewswire/ — DSP Concepts, whose Audio Weaver development platform powers millions of devices for many of the world’s best consumer and automotive brands, today announced it has secured a $3M strategic investment from the SUBARU-SBI Innovation Fund, marking the first audio investment in the fund’s portfolio. With this investment,… Continue reading DSP Concepts Secures Investment from SUBARU-SBI Innovation Fund to Accelerate Audio & Voice Control Innovation
Solid Power’s High Energy, Automotive-Scale All Solid-State Batteries Surpass Commercial Lithium-Ion Energy Densities
The 330 Wh/kg, 22-layer cells have higher energy density than any commercially available lithium-ion battery manufactured today with a roadmap to surpass 400 Wh/kg by 2022. Solid Power’s truly all solid-state cells can be manufactured at commercial scale using industry standard lithium-ion roll-to-roll production equipment. The 20Ah cells are currently being produced to validate large-format… Continue reading Solid Power’s High Energy, Automotive-Scale All Solid-State Batteries Surpass Commercial Lithium-Ion Energy Densities
Next-Generation Proterra EV Battery Manufacturing Facility Opens in Los Angeles County
The new battery production line will manufacture Proterra’s industry-leading battery packs featuring new, next generation cells and will create dozens of new jobs in Los Angeles County, including more than two dozen positions represented by the United Steelworkers Local 675. The facility will expand Proterra’s battery production capacity to meet growing demand for the company’s… Continue reading Next-Generation Proterra EV Battery Manufacturing Facility Opens in Los Angeles County
Motherson and Aira announce Strategic Partnership to bring FreePower® Wireless Charging to Automakers
Motherson and Aira aim to jointly develop, manufacture, and supply automotive-grade FreePower® wireless charging modules for seamless integration into vehicle interiors. Combining Motherson’s capabilities and Aira’s technology will create synergies that will help automakers in exercising more freedom in vehicle interior design by eliminating the precise alignment and static-positioning limitations of standard wireless charging solutions. This… Continue reading Motherson and Aira announce Strategic Partnership to bring FreePower® Wireless Charging to Automakers