“The global partnership with TuSimple is another step towards becoming a Global Champion. Innovative future technologies that provide additional value to our customers represent a key part of our strategy,” said Matthias Gründler, Chief Executive Officer at TRATON GROUP. The first test vehicles underway are aiming for Level 4 (high automation). TuSimple has already been… Continue reading The TRATON GROUP and TuSimple Agreed on Global Partnership for Autonomous Trucks
Tag: Strategy
@Ford: The Future Of Music In Cars with Barak Moffitt
By: Alex Roy via the No Parking Podcast Self-driving cars could unlock new opportunities for immersive, in-vehicle entertainment. Barak Moffit is among the crew behind the scenes at Universal Music Group helping imagine how music may one day meet the road. (Pexels) Everyone loves listening to music in cars, and ever since self-driving cars moved from fantasy… Continue reading @Ford: The Future Of Music In Cars with Barak Moffitt
Chinese EV startup WM Motor raises $1.5bn in biggest funding round
HONG KONG — Electric vehicle startup WM Motor, one of China’s ambitious challengers to Tesla, said it raised 10 billion yuan ($1.47 billion) from a group of state-backed investors — among others — after the successful stock market listings of bigger domestic rivals. The latest round of fundraising was led by the investment arm of the… Continue reading Chinese EV startup WM Motor raises $1.5bn in biggest funding round
India: Vehicle rental platform Drivezy in talks to raise up to $35m
The new round will, however, see Drivezy’s post-money valuation drop by nearly a quarter to $100 million, from the $135-million valuation it was seeking in its earlier funding talks in March, said one of the two people mentioned above, who did not wish to be named. “Drivezy is also evaluating shifting its headquarters to UAE… Continue reading India: Vehicle rental platform Drivezy in talks to raise up to $35m
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
EU to investigate Eaton’s $3.3 bln sale of hydraulics unit to Danfoss
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 EU to investigate Eaton’s $3.3 bln sale of hydraulics unit to Danfoss
BASF to reduce 2,000 headcount from Global Business Services unit by end-2022
BASF is planning realignment of its Global Business Services unit. The division was set up on January 1, 2020, as part of the implementation of BASF’s corporate strategy. As of that date, around 8,400 employees worldwide were transferred to Global Business Services and since then have been providing services for BASF’s business units, ranging from… Continue reading BASF to reduce 2,000 headcount from Global Business Services unit by end-2022
Valmet Automotive published the first Sustainability Report
Valmet Automotive has today (September 22, 2020) published the Group’s first sustainability report. As the company aims at a vanguard status of sustainable development in the automotive industry, the report presents comprehensively the main themes of sustainable development, strategic priorities and goals, as well as the highlights of 2019. The report will be published annually.… Continue reading Valmet Automotive published the first Sustainability Report
Windstar Motors Inc. Introduces the First Zero Emission Compressed Air Engine Prototype Vehicle Coming in 2021
A new engine, powered by compressed air, aimed at both increasing fuel economy and decreasing emissions to ZERO, including air pollution and greenhouse (GHG) emissions for future cars and trucks in the U.S. Windstar Motors, Inc. will provide the clear strategy, which will allow a plan for future generations to build state-of-the-art ZERO Emission Vehicles… Continue reading Windstar Motors Inc. Introduces the First Zero Emission Compressed Air Engine Prototype Vehicle Coming in 2021