LG Electronics signs $1bn EV parts venture with Canada’s Magna

SEOUL (Financial Times) — LG Electronics will spin off part of its electric vehicle components business and set up a $1 billion joint venture with Canada’s Magna International — a deal that is aimed at capturing a bigger share of the fast-growing global EV parts market and which lifted its shares by nearly one-third. The South… Continue reading LG Electronics signs $1bn EV parts venture with Canada’s Magna

@Toyota: Toyota Shows e-Palette Geared Towards Practical MaaS Applications

Toyota Motor Corporation (Toyota) today announced an operations management system to support the providing of services that will enable practical use of the e-Palette, a battery-electric vehicle for autonomous mobility as a service (Autono-MaaS) applications that will realize future mobility services. In collaboration with a range of partners, it is also planning to operate the… Continue reading @Toyota: Toyota Shows e-Palette Geared Towards Practical MaaS Applications

@Toyota: Toyota Develops Just-in-Time Efficient Operating System for Mobility Services Provided by its e-Palette Autonomous Electric Vehicle

Toyota today announced it has developed a system to manage operation of its e-Palette autonomous battery electric vehicle, to deliver goods, services and mobility to people when and where they are needed. Working with a range of partners, it intends testing the vehicles in a real-world environment in Woven City, the prototype fully connected community… Continue reading @Toyota: Toyota Develops Just-in-Time Efficient Operating System for Mobility Services Provided by its e-Palette Autonomous Electric Vehicle

Toyota to halt plants in Europe as COVID variant disrupts traffic

LONDON — Toyota Motor’s European subsidiary has revealed it will suspend operations at its factories in the U.K. and France on Tuesday in response to the spread of the coronavirus variant that has stopped the flow of logistics between the countries. The factories were planned to close for winter vacation on Thursday, but Toyota has… Continue reading Toyota to halt plants in Europe as COVID variant disrupts traffic

@Toyota: Ultra-Lightweight Intelligent Wheelchair Receives $1M as Winner of Mobility Unlimited Challenge is Announced

The winner of the three-year Mobility Unlimited Challenge has now been announced with Phoenix Instinct from the UK receiving $1 million to further develop their intelligent ultra-light carbon fiber wheelchair, bring it to market, and ultimately, transform millions of lives in the disability community for the greater good. Go to Source

Aurora sends offers to majority of Uber ATG employees, but not the R&D lab

Autonomous vehicle company Aurora Innovation sent offers Thursday to more than 75% of employees at Uber Advanced Technologies Group, just a week after announcing plans to acquire the self-driving subsidiary, according to a source familiar with the post-merger integration plans. Uber ATG Toronto, which employs about 50 people where the subsidiary conducted its research and… Continue reading Aurora sends offers to majority of Uber ATG employees, but not the R&D lab