Recogni Raises $48.9M in Series B Funding

Recogni Inc., a San Jose, CA-based developer of an AI vision cognition system for autonomous vehicles, raised $48.9m in a Series B financing. The round was led by WRVI Capital with participation from new investors Mayfield Fund, Continental, and Robert Bosch Venture Capital and existing investors GreatPoint Ventures, Toyota AI Ventures, BMW i Ventures, Fluxunit –… Continue reading Recogni Raises $48.9M in Series B Funding

Nissan to temporarily suspend output at two assembly plants in Japan due to quake

By Reuters Staff 2 Min Read FILE PHOTO: Nissan Motor’s logo is displayed during a press preview for the company’s new Ariya all-battery SUV at Nissan Pavilion in Yokohama, south of Tokyo, Japan July 14, 2020. REUTERS/Issei Kato/File Photo TOKYO (Reuters) – Nissan Motor Co said on Thursday it will suspend production at two assembly… Continue reading Nissan to temporarily suspend output at two assembly plants in Japan due to quake

Parkopedia Launches Dedicated Japan Business

– Parkopedia announces the launch of its Japanese subsidiary, ‘Parkopedia Japan Limited’ based in Tokyo – Tomohiko Ishibashi has been named as Representative Commercial Director of Japan – Data collection services have now been brought in-house to deliver a heightened level of quality and accuracy for Japanese drivers – The new Parkopedia Japan business website… Continue reading Parkopedia Launches Dedicated Japan Business

China’s Great Wall to kick-start Thai sales with focus on EVs

BANGKOK — Chinese automaker Great Wall Motor will make an official entry into Thailand, Southeast Asia’s largest car market, this year with a focus on electrified cars to break the stranglehold of Japanese brands, which together hold nearly 90% of the market share. Executives of the company met Thai Prime Minister Prayuth Chan-ocha on Monday… Continue reading China’s Great Wall to kick-start Thai sales with focus on EVs

Toyota halts production as Hitachi parts unit hit by quake

NAGOYA — Toyota Motor has halted production at 14 assembly lines in Japan for up to four days through Saturday, due to the shutdown of a Hitachi suspension plant, Nikkei has learned. The plant in Fukushima, owned by Hitachi subsidiary Hitachi Astemo, suspended production due to a power outage after an earthquake hit northeastern Japan on Saturday. That,… Continue reading Toyota halts production as Hitachi parts unit hit by quake

AMP’s Energy Management Systems Are Powering Most of the World’s Top E-OEMs, Investment Round Announced

LOS ANGELES, Feb. 17, 2021 /PRNewswire/ — AMP – a startup led by an EV pioneer from Tesla behind patented charging/battery control solutions that power electric mobility worldwide – is announcing a round of investment led by prominent venture capital firms 8VC, Ajax Strategies and Fontinalis. The company’s explosive growth – fueled by a team with dozens of… Continue reading AMP’s Energy Management Systems Are Powering Most of the World’s Top E-OEMs, Investment Round Announced

Nissan to adjust production due to limited parts supply after quake: sources

By Reuters Staff 2 Min Read TOKYO (Reuters) – Nissan Motor Co Ltd will adjust production in Fukuoka prefecture this week due to disruptions in parts supplies after an earthquake hit northeastern Japan, two sources familiar with the matter said. FILE PHOTO: Nissan Motor’s logo is displayed during a press preview for the company’s new… Continue reading Nissan to adjust production due to limited parts supply after quake: sources

German FAZ: Toyota shakes off the semiconductor shortage000925

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@Toyota: Adjustments to Domestic Production due to Earthquake in February 2021 (as of February 16)

Toyota would like to extend its sincere sympathy to those affected by the earthquakes that occurred on February 13 (Sat), and hope for the earliest possible recovery of the affected areas. Due to the effects of the earthquake, adjustments will be made to production operations of plants for completed vehicles in Japan as follows. We… Continue reading @Toyota: Adjustments to Domestic Production due to Earthquake in February 2021 (as of February 16)

Toyota halts half of Japan production lines after powerful quake

TOKYO — Toyota Motor will halt production at 14 Japanese assembly lines for up to four days through Saturday, after a weekend earthquake in northeastern Japan disrupted operations at the automaker’s suppliers. The suspension begins as early as Wednesday and affects half of Toyota’s 28 lines at nine factories nationwide, including subsidiaries such as Hino… Continue reading Toyota halts half of Japan production lines after powerful quake