The car was to be the first electric model to be manufactured at the main factory in Wolfsburg. Now Volkswagen has announced that it will continue to build the ID.3 exclusively in Saxony. The demand is too low. Go to Source
Tag: Production/Sales News
Applied Intuition lands $6 billion valuation for AI-powered autonomous vehicle software
Autonomous vehicle software company Applied Intuition has raised $250 million in a round that values the startup at $6 billion, as it pushes to bring more artificial intelligence to the automotive, defense, construction and agriculture sectors. The eye-popping funding round is the latest example of investor fervor for AI. Applied Intuition appears to have nailed… Continue reading Applied Intuition lands $6 billion valuation for AI-powered autonomous vehicle software
DP World Launches Global Freight Forwarding Network
DP World now operates 100 branches, launched in the last eight months in a bold move that has expanded its global freight forwarding offer, with significantly more branches to come Over 1,000 jobs created, with more new roles to be added as DP World expands its freight forwarding offering Unique combination of infrastructure ownership and… Continue reading DP World Launches Global Freight Forwarding Network
HYZON LAUNCHES GLOBAL 200kW FUEL CELL SYSTEM IN PRIME MOVER
The vehicle – Hyzon’s 200kW Prime Mover, the Australian term for a heavy-duty commercial truck designed to tow a semi-trailer – was officially unveiled at the Kangan Institute’s Automotive Centre of Excellence (ACE) in Melbourne, one of the largest educational providers of automotive training and accreditation in Australia. Sporting the company’s bright refreshed branding, the… Continue reading HYZON LAUNCHES GLOBAL 200kW FUEL CELL SYSTEM IN PRIME MOVER
Westport Reschedules Q4 and 2023 Audited Financial Results Release to Post-Market on March 25, 2024
VANCOUVER, BC, March 12, 2024 /PRNewswire/ — Westport Fuel Systems Inc. (TSX: WPRT) (NASDAQ: WPRT) (“Westport” or “The Company”) announces that, in consideration of the Company’s announcement today regarding the signing of an investment agreement to form a joint venture to accelerate the commercialization of its HPDI fuel system, the Company will reschedule the release… Continue reading Westport Reschedules Q4 and 2023 Audited Financial Results Release to Post-Market on March 25, 2024
OTTO Motors Highlights Innovative Manufacturing, Autonomous Production Logistics at LogiMAT 2024
The new manufacturing category unlocks a vision of fully connected factories designed for end-to-end efficiency. DUSSELDORF, Germany, March 11, 2024 /PRNewswire/ — OTTO Motors by Rockwell Automation, the leading provider of autonomous mobile robots (AMRs), today announced its contribution to autonomous production logistics, a new category of innovative manufacturing, will be on display at LogiMAT,… Continue reading OTTO Motors Highlights Innovative Manufacturing, Autonomous Production Logistics at LogiMAT 2024
Winter tests prove BWI Group’s top technology
EMB dynamic test leads brake-by-wire BEIJING, March 11, 2024 /PRNewswire/ — BWI Group conducted dynamic extreme-cold tests for the quality and performance of the product lineup installed on all-new mainstream car models in Europe, North America and Asia, while its revolutionary Electro Mechanic Braking technology dynamic test wrapped up on Mar 8. Continue Reading As… Continue reading Winter tests prove BWI Group’s top technology
Future of Airport Industry Outlook worth $2,404 billion in 2040 – Exclusive Report by MarketsandMarkets™
CHICAGO, March 11, 2024 /PRNewswire/ — According to a research report, ‘Future of Airport Industry to 2030‘ published by MarketsandMarkets: Global Airport investment is estimated to reach USD 2,404 billion in 2040 from USD 200 billion in 2021, at a CAGR of 14.4%. The airport industry’s significant regional investments reflect a broader global trend toward… Continue reading Future of Airport Industry Outlook worth $2,404 billion in 2040 – Exclusive Report by MarketsandMarkets™
Westport Announces Signing of Investment Agreement to Establish Previously Announced Joint Venture with Volvo Group
VANCOUVER, BC, March 11, 2024 /PRNewswire/ — Westport Fuel Systems Inc. (TSX: WPRT) (NASDAQ: WPRT) (“Westport” or the “Company”), a leading supplier of advanced alternative fuel delivery systems and components for the global transportation industry, is pleased to announce the signing of an investment agreement to establish the previously announced joint venture with Volvo Group to… Continue reading Westport Announces Signing of Investment Agreement to Establish Previously Announced Joint Venture with Volvo Group
STOREDOT SIGNS STRATEGIC MANUFACTURING AGREEMENT WITH EVE ENERGY, TAKING A HUGE STEP TOWARDS COMMERCIALIZATION AND MASS PRODUCTION OF EXTREME FAST CHARGING BATTERIES
StoreDot extends collaboration with world-leading battery manufacturer EVE Energy StoreDot will secure manufacturing capacity from EVE to produce its XFC batteries Major step forward for mass production as EVE Energy will manufacture StoreDot’s 100in5 XFC cells to support OEMs immediate needs, taking advantage of EVE’s advanced global manufacturing footprint and facilities EVE Energy is an existing… Continue reading STOREDOT SIGNS STRATEGIC MANUFACTURING AGREEMENT WITH EVE ENERGY, TAKING A HUGE STEP TOWARDS COMMERCIALIZATION AND MASS PRODUCTION OF EXTREME FAST CHARGING BATTERIES