Sony’s current favorite big tease is playing at being a carmaker, and today it announced that it has signed a memorandum of understanding with real automaker Honda to discuss and develop that idea further. The two companies jointly announced that they would explore their intent to build a joint venture sometime this year, which would… Continue reading Sony and Honda reveal plans to jointly make and sell electric vehicles
Tag: M and A
INEOS Grenadier Seeks to Deliver the Classic SUV Experience – Car and Driver
Many of us feel deep regard for our favorite cars, but few can match the commitment Jim Ratcliffe has shown to one of his. The CEO of the INEOS chemical company and one of the U.K.’s richest men, Ratcliffe mourned the passing of the previous-generation Land Rover Defender so much that he ordered the creation… Continue reading INEOS Grenadier Seeks to Deliver the Classic SUV Experience – Car and Driver
Sony will partner with Honda on EVs, first available in 2025
Sony and Honda have signed a memorandum of understanding to jointly develop electric vehicles, with the first car becoming available commercially in 2025, reports Nikkei Asia. Sony has been making their EV ambitions more and more clear over the last few years, showing their VISION-S concept EV at the last three CES conferences. In each… Continue reading Sony will partner with Honda on EVs, first available in 2025
Volocopter Raises USD 170 million in First Signing of Series E Financing Round
Volocopter is developing new and sustainable mobility options for cities around the world. With its family of aircraft (the VoloCity, VoloConnect, and VoloDrone), the company takes a unique approach by developing urban air mobility (UAM) as a holistic ecosystem. Having ten years of development experience, Volocopter is the clear leader in the urban air mobility… Continue reading Volocopter Raises USD 170 million in First Signing of Series E Financing Round
@Honda: Sony and Honda Sign Memorandum of Understanding for Strategic Alliance in Mobility Field
March 4, 2022, Tokyo, Japan – Sony Group Corporation (“Sony”) and Honda Motor Co., Ltd. (“Honda”) today announced that they have agreed to deepen discussion and exploration of forming a strategic alliance that aims to create a new era of mobility and mobility services. Specifically, the two companies have signed a memorandum of understanding that… Continue reading @Honda: Sony and Honda Sign Memorandum of Understanding for Strategic Alliance in Mobility Field
Camozzi Group to “rise to the technological challenge” of Formula 1 in Alfa Romeo partnership
The Camozzi Group, parent firm of large-format 3D printer manufacturer Ingersoll Machine Tools, has entered into a partnership with Alfa Romeo F1 team ORLEN. Set to take on advertorial, technical and sporting dimensions, the deal will see the Camozzi Group use its production expertise to aid the work of both the Alfa Romeo F1 team,… Continue reading Camozzi Group to “rise to the technological challenge” of Formula 1 in Alfa Romeo partnership
@GM: General Motors Announces Jeffrey Morrison to Lead Global Purchasing and Supply Chain
General Motors Announces Jeffrey Morrison to Lead Global Purchasing and Supply Chain 2022-03-03 DETROIT – General Motors (NYSE: GM) today announced the appointment of Jeffrey (Jeff) Morrison as vice president, Global Purchasing and Supply Chain, effective April 1. Morrison replaces Shilpan Amin, who was recently appointed GM senior vice president and president, GM International following… Continue reading @GM: General Motors Announces Jeffrey Morrison to Lead Global Purchasing and Supply Chain
DECKED Acquires CargoGlide
KETCHUM, Idaho, March 3, 2022 /PRNewswire/ — DECKED is pleased to announce the acquisition of industry-leading sliding truck bed accessory manufacturer, CargoGlide. Founded in 2010, CargoGlide designs, manufactures, and sells robust, ergonomic sliding bed platforms, which allow users to easily access gear from their truck bed or cargo van. “We are very excited to bring… Continue reading DECKED Acquires CargoGlide
Exclusive-Chinese automaker SAIC’s MG Motor India to raise funds for EV push -sources
By Aditi Shah and Aditya Kalra NEW DELHI (Reuters) – MG Motor India, which is owned by China’s SAIC Motor, plans to raise funds to develop its Indian electric mobility business, three sources told Reuters, as Chinese investments face increased scrutiny by the government in New Delhi. MG Motor India may try to sell a… Continue reading Exclusive-Chinese automaker SAIC’s MG Motor India to raise funds for EV push -sources
Ford CFO on supply-chain challenges, electric vehicle production
Yahoo Finance anchor Brad Smith talks with Ford CFO John Lawler about the company’s Ford+ plan, supply chain challenges, and production of electric vehicles. Video Transcript BRAD SMITH: Ford announcing the initiation of new internal business units. Ford Model E, which will be dedicated to the electric vehicle business, and Ford Blue whose mission is… Continue reading Ford CFO on supply-chain challenges, electric vehicle production