May 17, 2017 May 17, 2017 – Albuquerque, NM TriLumina Corp., the leading provider of solid-state automotive LiDAR illumination for ADAS and autonomous driving, today announced that it has closed and additional $9 million equity and debt financing. Proceeds will be used to accelerate the development of its cost-effective, compact LiDAR illumination modules to enable… Continue reading TriLumina Closes Additional Round of Funding
Tag: Manufacturing
Panasonic Opens New Automotive Lithium-ion Battery Factory in Dalian, China
With this new factory in China, Panasonic establishes a global battery cell production system for eco-friendly vehicles. Osaka, Japan – Panasonic Corporation announced today that it held an opening ceremony for a new automotive lithium-ion battery factory in Dalian, China. The factory is Panasonic’s first automotive battery cell production site in China. Panasonic will further… Continue reading Panasonic Opens New Automotive Lithium-ion Battery Factory in Dalian, China
Aston Martin Suspends EV Partnership With Struggling Chinese Tech Firm LeEco
Aston Martin Lagonda Ltd, a British luxury sports car manufacturer, has suspended a previously announced partnership with struggling Chinese tech company LeEco to jointly develop electric vehicles for the global markets. It is unclear why Aston Martin decided to suspend the partnership, but it is most likely directly related to LeEco’s financial troubles as LeEco… Continue reading Aston Martin Suspends EV Partnership With Struggling Chinese Tech Firm LeEco
Mon 10 Apr 2017 Detroit Electric prepares EV talent recruitment drive in the UKDetroit Electric’s Chief Technical Officer and Company Director Richie …
Recruitment of new senior team at EV company’s UK facility under way Group CTO and Company Director, Richie Frost, to lead the staffing strategy First technical roles already appointed at Leamington Spa factory Staffing drive is enabled by US$1.8 billion dollar joint venture deal Leamington Spa, UK – Detroit Electric’s Chief Technical Officer and Company… Continue reading Mon 10 Apr 2017 Detroit Electric prepares EV talent recruitment drive in the UKDetroit Electric’s Chief Technical Officer and Company Director Richie …
Aston Martin Vanquish Zagato Shooting Brake styling shown in life-size model
Aston Martin‘s Vanquish Zagato Shooting Brake has been shown in a life-sized model ahead of production. The car will be Aston’s Q bespoke division’s first to be specced in the brand’s Q Lounge virtual reality system. Aston revealed the limited-run Vanquish Zagato Shooting Brake in full late last year, following confirmation that the model will go into 99-unit production.… Continue reading Aston Martin Vanquish Zagato Shooting Brake styling shown in life-size model
Panasonic to Showcase Its Power Device Products at APEC 2017 in the United States
Tampa, FL, U.S. – Panasonic Corporation will showcase its power device products at APEC 2017 (Applied Power Electronics Conference and Exposition 2017), which will be held in Tampa, Florida, USA, March 27 to 29, 2017. At the APEC 2017 Panasonic booth, advanced power management solutions for automotive and industrial applications will be introduced. Panasonic will… Continue reading Panasonic to Showcase Its Power Device Products at APEC 2017 in the United States
Panasonic’s Photovoltaic Module HIT(TM) adopted for Toyota Motor’s New Prius PHV
Newly developed “HIT™ Photovoltaic Module for Automobile” generates power and charges the drive and 12 V batteries Osaka, Japan – Panasonic Corporation today announced that it has recently developed the “HIT™ Photovoltaic Module for Automobile”, which was adopted for the new Prius PHV released in February 2017 by Toyota Motor Corporation (hereafter Toyota Motor).In addition,… Continue reading Panasonic’s Photovoltaic Module HIT(TM) adopted for Toyota Motor’s New Prius PHV
Temasek Invests In Mobile To Bring 2017 Total Funding To $300M For Bike Share Firm
Chinese bike sharing company Mobike has received new strategic investment from Singapore’s state investment firm Temasek Holdings and existing investor Chinese investment firm Hillhouse Capital to raise a total of over US$300 million since the start of 2017, a tremendous feat for a start-up with actual operation time of less than one year. In January,… Continue reading Temasek Invests In Mobile To Bring 2017 Total Funding To $300M For Bike Share Firm
DENZA 400 Electric Vehicle Debuts
Shenzhen, Feb. 20, 2017 —Today, Shenzhen DENZA New Energy Automotive Co., Ltd. officially launched the DENZA 400 Electric Vehicle (hereinafter referred to as “DENZA 400”) alongside the announcement of the manufacturer suggested retail price (MSRP) of each model in the line including the Lifestyle, Executive and Aurora with the respective MSRP of RMB369,800, RMB 415,800… Continue reading DENZA 400 Electric Vehicle Debuts
Foxconn Invests In Mobike As Part Of Strategic Partnership On Global Expansion
Foxconn Technology Group has invested an undisclosed amount in a strategic investment in China’s bike sharing company Mobike as part of a wider partnership, the companies announced today. The exclusive strategic partnership will enable Mobike to increase global production capacity of its smart bikes to over 10 million units annually, and reduce the cost of… Continue reading Foxconn Invests In Mobike As Part Of Strategic Partnership On Global Expansion