Bugatti has reached another production milestone by completing the assembly of the final Divo at the Atelier in Molsheim. Car #40 is the last of the batch and is about to be delivered to its owner in Europe. Specified in Bugatti EB 110 LM Blue, reminiscent of the company’s last official Le Mans fac… (continue… Continue reading World NM: Bugatti Divo Production Ends, Last Hypercar Built Is Truly Spectacular001389
Tag: Manufacturing
Daimler to invest more than 40 billion euros by 2030 in electric vehicles
By Nick Carey 3 Min Read LONDON (Reuters) -Mercedes-Benz maker Daimler plans to invest more than 40 billion euros ($47 billion) between 2022 and 2030 to develop battery electric vehicles (EVs), and be ready for an all-electric car market by the end of that period. Slideshow ( 2 images ) Outlining its strategy for an… Continue reading Daimler to invest more than 40 billion euros by 2030 in electric vehicles
@niche: News Celebrating the first Lordstown Endurance Betas001064
[embedded content] Today we rolled our first Betas off the line. We are proud of this accomplishment and made today all about thanking our dedicated Ride Associates that have been working tirelessly to make this happen. That’s why we are recognizing them for this milestone achievement, as their skill and work ethic are critical to… Continue reading @niche: News Celebrating the first Lordstown Endurance Betas001064
Cruise expects GM to begin production of new driverless vehicle in early 2023 – CNBC
Cruise expects GM to begin production of new driverless vehicle in early 2023 CNBC Go to Source
Venti Technologies Raises $8M in Seed Funding
Venti Technologies, a Boston, MA-based provider of safe-speed autonomous logistics systems, raised approximately $8m in seed funding. The round was led by LDV Partners and Alpha JWC Ventures. Representatives of the two lead investors, Lake Dai, Partner, LDV Partners , and Chandra Tjan, co-founder and General Partner, Alpha JWC, joined the Venti Board. The company intends to use… Continue reading Venti Technologies Raises $8M in Seed Funding
@Ford: Ford Leaders to Discuss Results for Second-Quarter 2021, Outlook for Full Year During Fireside Chat With Barclays
About Ford Motor Company Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with… Continue reading @Ford: Ford Leaders to Discuss Results for Second-Quarter 2021, Outlook for Full Year During Fireside Chat With Barclays
@GM: GM Announces 2021 Q2 Earnings Conference Call Details July 21, 2021
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RUE-F sixth-generation linear recirculating and guideway assembly sets new standards
2021-07-21 | Schweinfurt Lower operating costs: lubricant use reduced by up to 50 percent New mounting solution reduces cycle times in machine construction Optimized sealing technology ensures longer service life and improved reliability Global automotive and industrial supplier Schaeffler’s “RUE” range of linear recirculating and guideway assemblies has been delivering superior rigidity, load bearing capacity,… Continue reading RUE-F sixth-generation linear recirculating and guideway assembly sets new standards
Auto software company Sonatus raises $35 million from Hyundai Motor Group, SAIC Capital
California-grown automotive software company Sonatus raised $35 million in a Series A round that attracted high-profile technology and automotive industry companies including Hyundai Motor Group’s Kia Corporation, SAIC Capital and LG Electronics. Silicon Valley VC Translink Capital led the round, with other investors including Marvell Technology, UMC Capital and Wanxiang Group Company. Sonatus, which was… Continue reading Auto software company Sonatus raises $35 million from Hyundai Motor Group, SAIC Capital
Tesla (TSLA) sells back Maxwell Technology’s ultracapacitor business to former executives
Tesla (TSLA) has sold back Maxwell Technology’s ultracapacitor business and brand after acquiring it just over two years ago. Back in 2019, Tesla announced the acquisition of Maxwell Technology, a San Diego-based ultracapacitor and battery company, for over $200 million. While the company was mostly known for its ultracapacitor business, it had just developed a dry electrode… Continue reading Tesla (TSLA) sells back Maxwell Technology’s ultracapacitor business to former executives