11 Feb 2020 Top-tier provider of car parts wants to develop headlamps with built-in lidar sensors. Silicon Valley lidar firm Cepton Technologies says that it expects this year to be a “transformational” one, thanks to a new $50 million injection of funding that should enable it to ramp up development activity. One of dozens of competing players looking… Continue reading Koito invests $50M in lidar firm Cepton – Optics.org
Tag: Manufacturing
Tesla is building a pilot battery cell manufacturing line in Fremont – getting into the cell business
If you needed more proof that Tesla is going to make its own battery cells, we’ve now learned that Tesla is building a pilot battery cell manufacturing line in Fremont and designing its own equipment to produce the cells. For a few months now, Tesla has been rumored to be working on making its own… Continue reading Tesla is building a pilot battery cell manufacturing line in Fremont – getting into the cell business
@VW Group: New, innovative solution for ultra-fast charging electric vehicles
The establishment of a dense public network of ultra-fast e-vehicle charging stations can be realized much faster than previously assumed. E.ON and Volkswagen Group Components are giving a new impetus with the prototype of a new, flexible ultra-fast charging station that will be presented in Essen. By integrating a battery system, it will be possible… Continue reading @VW Group: New, innovative solution for ultra-fast charging electric vehicles
@VW Group: AudiStream: Virtual journey through the world of production at Audi in Ingolstadt
View the Audi A3 body shop on your screen; go to the Audi A4 assembly line with a mouse click: With AudiStream, Audi is the first manufacturer to offer interactive factory tours. Starting from Wednesday, February 12, interested parties can experience production processes of the brand at the Ingolstadt site online and in English language,… Continue reading @VW Group: AudiStream: Virtual journey through the world of production at Audi in Ingolstadt
Peugeot 508 Station Wagon: the road test of the 225 hp GT
TEST DRIVE OF THE WEEK A station wagon that knows how to be sporty and elegant. The Peugeot 508 Sw in the Gt version is a family car with dynamic lines. We tested it with the 225-liter 1.6-liter PureTech by Giulia Paganoni February 11, 2020 2 ‘of reading It is the car you wouldn’t expect.… Continue reading Peugeot 508 Station Wagon: the road test of the 225 hp GT
Daimler CEO Källenius presents future strategy: “The next three years will be a sack full of work”
Annual profit: slumped by a third. The dividend: from 3.25 euros per share to 90 cents. Employee bonuses: plummeted to around EUR 1,000 after around EUR 5,000 the previous year. Daimler’s head of office Ola Källenius, who has been in office since May 2019, has had a catastrophic start – you can’t say it otherwise.… Continue reading Daimler CEO Källenius presents future strategy: “The next three years will be a sack full of work”
Lesjöfors’ new CEO: “We see both challenges and opportunities in 2020”
Tue, Feb 11, 2020 07:30 CET Lesjöfors’ market was heavily affected by external factors last year. An overall downturn in the automotive aftermarket, uncertainty with Brexit and the trade conflict between America and China was some of them. To be prepared for the future, Lesjöfors has made major investments in existing operations and acquired highly… Continue reading Lesjöfors’ new CEO: “We see both challenges and opportunities in 2020”
Carbon Relay Raises $63M in Funding
Carbon Relay, a Boston, MA and Washington, DC-based provider of a solution to optimize application performance in Kubernetes environments, raised $63m in funding. Insight Partners made the investment. The company intends to use the funds to accelerate the growth of its Red Sky Ops solution for optimizing application performance in Kubernetes environments. Founded in 2015… Continue reading Carbon Relay Raises $63M in Funding
@FCA: Michigan Minority Supplier Development Council Names FCA Executive as Chairman of the Board
Michigan Minority Supplier Development Council Names FCA Executive as Chairman of the Board February 11, 2020 , Auburn Hills, Mich. – The Michigan Minority Supplier Development Council (MMSDC) named FCA North America Head of Purchasing and Supply Chain Management Scott Thiele as Chairman of the Board for the next two years, leading the group’s efforts to… Continue reading @FCA: Michigan Minority Supplier Development Council Names FCA Executive as Chairman of the Board
Goodyear Reports Fourth Quarter, Full-Year 2019 ResultsFeb 11, 2020AKRON, Ohio, Feb. 11, 2020 – The Goodyear Tire & Rubber Company today reported resu…
— Full-year cash flow from operations of $1.2 billion, up 32% year over year, reflecting improved working capital performance — U.S. consumer replacement volume increased 4% in 2019, driven by strong growth in the premium, large-rim diameter segment — Fourth quarter global replacement volume growth outpaced the industry — Growth in global commercial truck tire… Continue reading Goodyear Reports Fourth Quarter, Full-Year 2019 ResultsFeb 11, 2020AKRON, Ohio, Feb. 11, 2020 – The Goodyear Tire & Rubber Company today reported resu…