Intel: UAE to Get Auto Safety Tech from Israel-Based Mobileye

Founding Chairman Khalaf Al Habtoor of Al Habtoor Group (left) and Mobileye President and CEO Prof. Amnon Shashua at an event. (Credit: Al Habtoor Group) What’s New: Israel-based Mobileye, an Intel company, and United Arab Emirates-based Al Habtoor Group (AHG) announced a strategic collaboration to propel deployment of autonomous vehicles and mobility services in Dubai,… Continue reading Intel: UAE to Get Auto Safety Tech from Israel-Based Mobileye

VW-backed U.S. battery maker QuantumScape to go public at $3.3 bln valuation

TipRanks 3 “Strong Buy” Stocks That Are Flirting With a Bottom In the investing game, it’s not only about what you buy; it’s about when you buy it. One of the most common pieces of advice thrown around the Street, “buy low” is touted as a tried-and-true tactic.Sure, the strategy seems simple. Stock prices naturally… Continue reading VW-backed U.S. battery maker QuantumScape to go public at $3.3 bln valuation

French ministers to visit Bridgestone plant under threat

Japan’s Bridgestone to close tire factory in Bethune due to low demand More PARIS (Reuters) – The French government is sending two ministers to a tyre plant in northern France next Monday as it reiterated calls on Japanese owners Bridgestone <5108.T> to consider alternatives to closing the site. “I can confirm that I will go… Continue reading French ministers to visit Bridgestone plant under threat

France to fight ‘appalling’ Bridgestone plant closure: finance minister

Japan’s Bridgestone to close tire factory in Bethune due to low demand More By Dominique Vidalon and Kiyoshi Takenaka PARIS/TOKYO (Reuters) – The French government is looking into options to try to prevent the closure of a Bridgestone <5108.T> tyre plant in northern France by its Japanese owner, and save jobs, finance minister Bruno Le… Continue reading France to fight ‘appalling’ Bridgestone plant closure: finance minister

FOCUS-Pandemic e-commerce surge spurs race for ‘Tesla-like’ electric delivery vans

By Nick Carey Sept 9 (Reuters) – Delivery fleet operators face regulatory pressure in California and other states to buy electric vehicles, but a surge in package deliveries thanks to coronavirus lockdowns has major firms itching to switch to electric right now. And they want far more than just battery-powered versions of diesel- or gas-guzzling… Continue reading FOCUS-Pandemic e-commerce surge spurs race for ‘Tesla-like’ electric delivery vans

Continental and Osram plan to repatriate the joint venture for lighting systems

Continental and Osram react to the current difficult market situation The companies have equal shares in the joint venture Negotiations on repatriation to be concluded by the end of the year Continental and Osram plan to remain in a partnership in the automotive industry Orders placed and commitments entered into will be fulfilled Hanover, September… Continue reading Continental and Osram plan to repatriate the joint venture for lighting systems

Li Auto Aims to Extend Lead in Chinese EV Market with NVIDIA DRIVE

One of the leading EV startups in China is charging up its compute capabilities. Li Auto announced today it would develop its next generation of electric vehicles using the high-performance, energy-efficient NVIDIA DRIVE AGX Orin. These new vehicles will be developed in collaboration with tier 1 supplier Desay SV and feature advanced autonomous driving features,… Continue reading Li Auto Aims to Extend Lead in Chinese EV Market with NVIDIA DRIVE

Maserati Awards Global Deal to TomTom

TomTom to Supply Maps, Navigation Software and Connected Services for New Maserati Models including the MC20 Supercar Amsterdam, Netherlands, 22 September 2020  TomTom (TOM2), the leading independent location technology specialist, today announced that it will provide Maserati with maps, navigation software and connected services for the all-new Maserati Intelligent Assistant (MIA) in-vehicle infotainment system. Drivers… Continue reading Maserati Awards Global Deal to TomTom

Hyundai Mobis Accelerate Mobility Technologies Investing in Overseas VC Funds

TipRanks Goldman Sachs: These 3 Stocks Are Poised to Surge by at Least 50% Is it time for the bears to break out the champagne glasses? Not so fast, says Goldman Sachs. Volatility has ruled the Street for the last few weeks, leading some to conclude that those with a more pessimistic outlook had been… Continue reading Hyundai Mobis Accelerate Mobility Technologies Investing in Overseas VC Funds

Hyundai Mobis develops Integrated Communication Controller, the next-generation V2X control technology for the first time in Korea

TipRanks Goldman Sachs: These 3 Stocks Are Poised to Surge by at Least 50% Is it time for the bears to break out the champagne glasses? Not so fast, says Goldman Sachs. Volatility has ruled the Street for the last few weeks, leading some to conclude that those with a more pessimistic outlook had been… Continue reading Hyundai Mobis develops Integrated Communication Controller, the next-generation V2X control technology for the first time in Korea