Uber spent $457 million last year on research and development of autonomous vehicles, flying cars (known as eVTOLs) and other “technology programs” and will continue to invest heavily in the futuristic tech even though it expects to rely on human drivers for years to come, according to the company’s IPO prospectus filed Thursday. R&D costs… Continue reading Uber spent $457 million on self-driving and flying car R&D last year – TechCrunch
Tag: Strategy
Bosch Engineering puts new acoustics test center into operation
About Bosch Engineering GmbH Bosch Engineering GmbH is a wholly owned subsidiary of Robert Bosch GmbH and is head-quartered in Abstatt, Germany. As a systems development partner to the automotive industry since 1999, the company with its more than 2,800 associates offers development services for powertrains, safety and convenience systems, and electrical and electronic systems… Continue reading Bosch Engineering puts new acoustics test center into operation
SEAT partners with UFO to break into kicksharing
Following the launch of the SEAT eXS kickscooter powered by Segway at the Barcelona Smart City Congress and the international presentation of the SEAT Minimó concept car, at the Mobile World Congress the company announced it is going to spearhead the urban micromobility strategy within the Volkswagen Group. Since it was launched, SEAT has sold… Continue reading SEAT partners with UFO to break into kicksharing
2018 Sustainability Report:
Stuttgart – Sustainability is one of the essential elements of Daimler’s corporate strategy. At the same time, it is a measure of business success. The sustainability strategy spans the product development process; from the supply chains, to environmental protection at the company’s plants, the utilisation phase for products and mobility services, and the responsible handling… Continue reading 2018 Sustainability Report:
BMW Group sales up 2.8% in March, beating market trends in several major markets
Munich. March 2019 was the best-ever single sales month in the BMW Group’s history with a total of 263,319 premium BMW, MINI and Rolls-Royce vehicles delivered to customers, an increase of 2.8% on the same month last year. Across the first quarter of the year, the company maintained sales at last year’s high level, with… Continue reading BMW Group sales up 2.8% in March, beating market trends in several major markets
Comment: The first balance sheet of VW boss Herbert Diess falls off meager
Herbert dies The manager has identified many players who are responsible for the misery of VW. He excludes himself. (Photo: Bloomberg) Herbert dies is Chairman of the Board of Volkswagen failed. Measured at least at the current level. A year ago he sat on the executive chair – and he did so with a promise:… Continue reading Comment: The first balance sheet of VW boss Herbert Diess falls off meager
Nidec to Acquire DESCH Antriebstechnik GmbH & Co. KG and Its Group Companies
FOR IMMEDIATE RELEASE
Nidec Corporation
Tokyo Stock Exchange code: 6594
Contact:
Masahiro Nagayasu
General Manager
Investor Relations
+81-75-935-6140
ir@nidec.com
Released on February 1, 2019, in Kyoto, Japan
Nidec to Acquire DESCH Antriebstechnik GmbH & Co. KG and Its
Group Companies
Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) today announced that the Company has agreed to acquire a 70% ownership of a privately owned German company, DESCH Antriebstechnik GmbH & Co. KG and its group companies in Germany and China (collectively “DESCH”), from its owners on January 31, 2019 (the “Transaction”) through Nidec-Shimpo GmbH, a Germany-based affiliate of Nidec’s subsidiary, Nidec-Shimpo Corporation. Details are as follows:
1. Outline of DESCH
(1) Company Name:
DESCH Antriebstechnik GmbH & Co. KG and its group companies
(2) Headquarters:
Arnsberg, Germany
(3) Foundation:
1906
(4) Directors:
Hendrik Desch, CEO
Olaf Desch, Managing ..
A game-changing concept in installation and wireless remote commissioning – saving time by up to 75 percent
The Bosch division Building Technologies is a leading global supplier of security, safety, and communications products and systems. In selected countries Bosch offers solutions and services for building security, energy efficiency and building automation. About 9,000 associates generated sales of roughly 2.0 billion euros in 2018. Protecting lives, buildings and assets is the major aim.… Continue reading A game-changing concept in installation and wireless remote commissioning – saving time by up to 75 percent
The right way to do AI in security
AI often falls short when it comes to cybersecurity, but the benefits can be significant when done correctly Kelly Shortridge 11 hours Artificial intelligence applied to information security can engender images of a benevolent Skynet, sagely analyzing more data than imaginable and making decisions at lightspeed, saving organizations from devastating attacks. In such a world,… Continue reading The right way to do AI in security
SK in talks over battery ventures with Volkswagen, China partners – Automotive News Europe
SEOUL — SK Innovation is in talks to set up separate battery-making joint ventures with Volkswagen and Chinese partners, as the South Korean petrochemicals producer aggressively expands its involvement in electric vehicles. The company confirmed talks with Volkswagen for the first time, saying the two companies were discussing building a factory together. The JV would… Continue reading SK in talks over battery ventures with Volkswagen, China partners – Automotive News Europe