Toyoda Gosei Invests in E-ThermoGentek, a Specialist in Thermoelectric Power Generation

KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO:7282) invested in startup E-ThermoGentek Co., Ltd., which possesses original thermoelectric power generation technology that converts heat to electricity, in August 2021. As it moves toward achieving carbon neutrality by 2050, Toyoda Gosei is switching to the latest energy-saving equipment and machinery and expanding its use of renewable energy.… Continue reading Toyoda Gosei Invests in E-ThermoGentek, a Specialist in Thermoelectric Power Generation

Schaeffler Automotive Aftermarket headquarters move to Frankfurt’s Gateway Gardens district

2021-09-22 | Langen New location offers modern working environment in line with the “Schaeffler New Work Standard” Ten-year lease for new headquarters at Frankfurt Airport Agile, flexible and digital collaboration from July 2022 on around 6,000 square meters of office space The automotive and industrial supplier Schaeffler is a leading provider of repair solutions and… Continue reading Schaeffler Automotive Aftermarket headquarters move to Frankfurt’s Gateway Gardens district

Jing-Jin Electric and Allison Transmission Partner to Accelerate Development of Commercial Vehicle Electrified Powertrain Solutions for Global Markets

INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, and Jing-Jin Electric (JJE), a Chinese electrified propulsion leader in components, assemblies and systems for global automotive and commercial vehicle customers, have signed a broad, global strategic collaboration partnership agreement to accelerate the development of industry-leading electrified… Continue reading Jing-Jin Electric and Allison Transmission Partner to Accelerate Development of Commercial Vehicle Electrified Powertrain Solutions for Global Markets

Bosch and ITK Engineering launch new platform freelancernetwork

Mobility Solutions is the largest Bosch Group business sector. It generated sales of 42.1 billion euros in 2020, and thus contributed 59 percent of total sales from operations. This makes the Bosch Group one of the leading automotive suppliers. The Mobility Solutions business sector pursues a vision of mobility that is safe, sustainable, and exciting,… Continue reading Bosch and ITK Engineering launch new platform freelancernetwork

Li Auto (LI) Slashes Q3 Delivery Forecast Amid Chip Dearth

Li Auto LI recently trimmed its third-quarter 2021 delivery guidance. The China-based electric vehicle (EV) maker now expects to deliver about 24,500 vehicles in the third quarter, down from the previous outlook of vehicle deliveries between 25,000 to 26,000 units. Backed by China’s food delivery giant Meituan, Li Auto, which debuted on Nasdaq on Jul… Continue reading Li Auto (LI) Slashes Q3 Delivery Forecast Amid Chip Dearth

AEye Achieves Significant Milestone, Extends LiDAR IP Leadership with More than 100 Patents Filed Globally

Patents Uniquely Span Intelligent System Architecture, Modular Hardware, and Software Underlying AEye’s Adaptive LiDAR System “We set out to build a flexible architecture that could be expanded and adapted over time, adding new innovations. Our IP strategy, we believe, places us years ahead of others building single use hardware. We will continue to push forward aggressively with… Continue reading AEye Achieves Significant Milestone, Extends LiDAR IP Leadership with More than 100 Patents Filed Globally

Magna And Veoneer Announce Expiration Of Hart-Scott-Rodino Waiting Period

Companies File for Regulatory Approvals in the European Union and China AURORA, Ontario, Sept. 20, 2021 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) and Veoneer, Inc. today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, or HSR Act, in connection with the previously announced acquisition… Continue reading Magna And Veoneer Announce Expiration Of Hart-Scott-Rodino Waiting Period

Aptiv to Present at the Evercore ISI Autotech & AI Forum: New Paradigms In Mobility, Electrification, & Compute

DUBLIN, Sept. 17, 2021 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a global technology company focused on making mobility safer, greener, and more connected, announced that Aptiv’s Chief Financial Officer and Senior Vice President, Business Operations, Joseph Massaro, will present at the Evercore ISI Autotech & AI Forum: New Paradigms In Mobility, Electrification, & Compute, September 21 at… Continue reading Aptiv to Present at the Evercore ISI Autotech & AI Forum: New Paradigms In Mobility, Electrification, & Compute

Schaeffler opens new e-mobility plant built to the very latest standards of sustainability

2021-09-17 | Herzogenaurach/Szombathely Establishment of Szombathely II plant in Hungary highlights Schaeffler Group’s ambitions for growth in electro-mobility 15,000 sqm production facility for electrified powertrain components and systems meets highest standards of sustainability New plant demonstrates Schaeffler’s advanced capabilities in sustainability and e-mobility Automotive and industrial supplier Schaeffler has opened a new production facility at… Continue reading Schaeffler opens new e-mobility plant built to the very latest standards of sustainability