Today, I have the privilege of officially announcing that Embark has hired Sam Abidi as Head of Business Development and Clint Schroer as Head of Partnerships. Together, Sam and Clint will provide crucial leadership and trucking industry expertise as we focus on the foundational business and technical relationships needed to bring autonomous trucks to market. Sam… Continue reading @niche: Embark Welcomes Two Business Development Leaders000368
Tag: Strategy
@Hyundai: Hyundai Motor Group to Acquire Controlling Interest in Boston Dynamics from SoftBank Group, Opening a New Chapter in the Robotics and Mobility Industry
BOSTON/SEOUL/TOKYO, December 11, 2020 – Hyundai Motor Group and SoftBank Group Corp. (SoftBank) today agreed on main terms of the transaction pursuant to which Hyundai Motor Group will acquire a controlling interest in Boston Dynamics in a deal that values the mobile robot firm at $1.1 billion. The deal came as Hyundai Motor Group envisions the… Continue reading @Hyundai: Hyundai Motor Group to Acquire Controlling Interest in Boston Dynamics from SoftBank Group, Opening a New Chapter in the Robotics and Mobility Industry
@GM: GM Commits Full Support to SGMW’s NEV Development
GM Commits Full Support to SGMW’s NEV Development 2020-12-14 LIUZHOU – General Motors will continue to fully support its SAIC-GM-Wuling (SGMW) joint venture’s innovation and development of new energy vehicles (NEVs), said GM Executive Vice President and GM China President Julian Blissett during a recent visit to the company’s headquarters in Liuzhou, Guangxi. SGMW has… Continue reading @GM: GM Commits Full Support to SGMW’s NEV Development
@VW Group: Volkswagen Supervisory Board agrees on management positions and reorganisation of Group Board – stronger focus on costs planned
During its meeting today, the Supervisory Board of Volkswagen AG dealt extensively with the Together 2025+ strategy and, in connection with this, a realignment of personnel. The Board unanimously resolved to give its full support to the strategy, in particular the orientation of the company towards electromobility and digitalisation. This results in the following realignment… Continue reading @VW Group: Volkswagen Supervisory Board agrees on management positions and reorganisation of Group Board – stronger focus on costs planned
@VW Group: Clean and cultivated: || the 2.0 TDI engine with new Euro 6d emission standard
Clean and smooth-running – the 2.0 TDI, Volkswagen’s most important diesel engine is now in new top form. Thanks to sophisticated twin dosing technology in the exhaust gas system, it undercuts the Euro 6d emission standard limits while also running quietly and smoothly. “The two-litre TDI engine remains one of our most important engines,” says… Continue reading @VW Group: Clean and cultivated: || the 2.0 TDI engine with new Euro 6d emission standard
@VW Group: Dr Arno Antlitz becomes Board Member for Finance and IT at Volkswagen Group
Today the supervisory board of Volkswagen has taken a far-reaching personnel decision: Dr Arno Antlitz, Board Member for Finance and Legal Affairs at Audi since 1 March 2020, will take over the position of Board Member for Finance and IT in the Volkswagen Group. He will succeed Frank Witter, who will leave the Management Board… Continue reading @VW Group: Dr Arno Antlitz becomes Board Member for Finance and IT at Volkswagen Group
@Hyundai: Hyundai Motor Group to Acquire Controlling Interest in Boston Dynamics
The combination of the highly complementary technologies of Hyundai Motor Group and Boston Dynamics, and the continued partnership of SoftBank Group, will propel development and commercialization of advanced robots The robotics technologies will lend synergies to autonomous vehicles, UAMs and smart factories Hyundai Motor Group, together with Boston Dynamics, will create robotics value chain ranging… Continue reading @Hyundai: Hyundai Motor Group to Acquire Controlling Interest in Boston Dynamics
@Hyundai: CEO Investor Day
CEO Investor Day Future Business · Management Plans ※ The following is a future strategy, which may be subject to change. 1. Title of Business Plan Hyundai Motor Company Mid- to Long-term Financial Target and Investement Plan 2. Details of Plan and Activity Schedule Purpose Guidline for Mid- to Long-term Profitability and Investment plan Details… Continue reading @Hyundai: CEO Investor Day
@McLaren: MSP investment in F1 team
• US sports investment group MSP Sports Capital acquires significant minority shareholding in McLaren Racing• Introduction of partner capital and expertise forms part of the Group’s ongoing strategy• Transaction values McLaren Racing at £560m post-money, and strengthens team’s long-term plan for regular Formula 1 championship contention• Reaffirms team’s position at the heart of McLaren Group… Continue reading @McLaren: MSP investment in F1 team
In&motion raises $12 million for its wearable airbag systems
French startup In&motion has raised a $12 million (€10 million) funding round led by Upfront Ventures, with 360 Capital also participating. The company has been working on wearable airbag systems for motorbikes. Integrated in a vest, the airbag is completely autonomous and can detect crashes in 60 milliseconds. The company has worked on a device… Continue reading In&motion raises $12 million for its wearable airbag systems