BEIJING and TEL AVIV, Israel, March 25, 2021 /PRNewswire/ — Jingwei HiRain, a Tier 1 provider and a leading high-tech automotive technology supplier in China, and Foretellix, a leading Automated Driving Systems Verification solution provider, announced a new partnership to accelerate the distribution and adoption of Foretify™, Foretellix’s verification & validation platform and enable mass… Continue reading Foretellix Partners with Jingwei HiRain, to Accelerate the Use of its Automated Driving Systems Verification & Validation Platform in China
Tag: Strategy
Meg Whitman and Mark Tatum Join GM’s Board of Directors
DETROIT, March 25, 2021 /PRNewswire/ — Meg Whitman, a technology leader and former head of Hewlett Packard Enterprise, and Mark Tatum, Deputy Commissioner and Chief Operating Officer of the National Basketball Association, are joining the Board of Directors of General Motors Co. (NYSE: GM) effective today, the company announced. With the election of Whitman, 64,… Continue reading Meg Whitman and Mark Tatum Join GM’s Board of Directors
@Hyundai: Result of The 53rd Annual General Meeting
Result of The 53rd Annual General Meeting 1. Approval of the Financial Statements of the 53rd Fiscal Year – Approved Financial Statements – Approved (Unit: M KRW) Consolidated Separate Auditor’s Opinion Unqualified Unqualified Asset 209,344,212 78,650,683 Liability 133,003,242 25,063,780 Equity 1,488,993 1,488,993 Revenue 103,997,601 50,661,002 Operating Income 2,394,671 768,626 Net Income 1,924,553 526,975 EPS 5,454… Continue reading @Hyundai: Result of The 53rd Annual General Meeting
TuSimple’s IPO filing reveals roadblocks for self-driving startups with Chinese ties
While the governments of the United States and China are pushing policies for technological decoupling, private tech firms continue to tap resources from both sides. In the field of autonomous vehicles, it’s common to see Chinese startups — or startups with a strong Chinese link — keep operations and seek investments in both countries. But… Continue reading TuSimple’s IPO filing reveals roadblocks for self-driving startups with Chinese ties
Hyundai Motor places bet on selling more SUVs amid chip shortage
SEOUL — Hyundai Motor vowed on Wednesday to raise its portion of global SUV sales to 50% this year as the company struggles to boost profitability amid a shortage of key computer chips plaguing the automotive industry. South Korea’s largest automaker, which ranks as No. 5 globally in tandem with affiliate Kia Motors, set the… Continue reading Hyundai Motor places bet on selling more SUVs amid chip shortage
Australian lidar maker Baraja collects $31M B round to illuminate the future of autonomy
Lidar companies across the planet are going SPAC, but Baraja isn’t in a hurry to go public. The Australian lidar maker has raised a $31M B round to continue the deployment and development of its “unique and ingenious” imaging system, with participation beyond the usual VC suspects. Baraja’s lidar uses what the company calls SpectrumScan,… Continue reading Australian lidar maker Baraja collects $31M B round to illuminate the future of autonomy
Berlin’s Blacklane raises $26M to expand its high-end chauffeur-driven sustainable car service
As the Ubers of the world continue to scale, a smaller on-demand transportation startup has raised some funding in Germany, underscoring the opportunities that remain for startups in the space targeting specific service niches. Blacklane — the Berlin startup that provides on-demand black-car chauffeur services in Berlin, London, Dubai, Los Angeles, New York, Paris, Singapore… Continue reading Berlin’s Blacklane raises $26M to expand its high-end chauffeur-driven sustainable car service
Ralf Speth to take over as TVS Motor Chairman in 2023
Ralf Speth, who joined the TVS Motor Company Board of Directors on Wednesday, will take over as Chairman in January 2023. Venu Srinivasan will become Chairman Emeritus at that point in time. The former CEO of Jaguar Land Rover has been appointed to the TVS Motor Board ‘with a clear eye on the future’. Speth… Continue reading Ralf Speth to take over as TVS Motor Chairman in 2023
HAAS Alert Builds Out Connected Vehicle Business Unit
CHICAGO, March 24, 2021 /PRNewswire/ — HAAS Alert, an automotive safety technology startup, announced it has hired Jeff Niermann as Vice President of Connected Vehicle Sales to lead its business development activities with automotive manufacturers, suppliers, and emerging autonomous and electric mobility companies. Jeff brings decades of experience in sales and business development with automotive… Continue reading HAAS Alert Builds Out Connected Vehicle Business Unit
@niche: Unique flat EV chassis maker REE to open large facility in the UK000667
We’ve written about Israeli company REE Automotive and its remarkable super-flat modular EV chassis several times before. The company has a drastically disruptive offer for automakers; we’ll build you a skateboard electric vehicle chassis full of batteries, as well as your entire electric drivetrain, with more or less whatever characteristics you want in the motors,… Continue reading @niche: Unique flat EV chassis maker REE to open large facility in the UK000667