Quadric.io, a startup founded by some of the folks behind the once-secretive bitcoin mining operation “21E6,” has raised $15 million in a Series A round that will fund the development of a supercomputer designed for autonomous systems. The round was led by automotive Tier 1 supplier DENSO and its semiconductor products arm NSITEXE, which will also… Continue reading Quadric.io raises $15M to build a plug-and-play supercomputer for autonomous systems
Tag: Toyota
Toyota Alabama Names New President
David Finch to help carry out $288 million expansion at Huntsville engine plant May 20, 2019 HUNTSVILLE, Ala., (May 20, 2019) – Toyota Motor North America (TMNA) today announced that David Finch has been promoted to president at its Huntsville engine plant, effective July 1, 2019. Finch first joined Toyota in 1991 at its… Continue reading Toyota Alabama Names New President
It’s Back: 2020 GR Supra Ready for the Road
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Denso explores buying Toyota Motor’s stake in Aisan
Denso explores buying Toyota Motor’s stake in Aisan
PlanetM Awards New Grants to Advance Mobility Pilots in Michigan
PlanetM, the state of Michigan-backed business development organization, has announced a new batch of grants that aim to entice mobility startups and corporations to pilot their innovations in Michigan, or test and validate their technology at one of Michigan’s proving grounds. PlanetM has awarded a total of $440,000 in grants to five companies. The startups… Continue reading PlanetM Awards New Grants to Advance Mobility Pilots in Michigan
Toyota’s Statement Re: WH Proclamation on 232
May 17, 2019 Today’s Executive Proclamation is a major set-back for American consumers, workers and the auto industry. Toyota has been deeply engrained in the U.S. for over 60 years. Between our R&D centers, 10 manufacturing plants, 1,500-strong dealer network, extensive supply chain and other operations, we directly and indirectly employ over 475,000 in the U.S.,… Continue reading Toyota’s Statement Re: WH Proclamation on 232
Cash-strapped Chinese automaker Haima sells properties to raise funds
Haima reported a 72% plunge in sales in the first four months of this year, following a 48% dive in 2018 revenue. BEIJING: China’s Haima Automotive Group Co Ltd said the company planned to sell over 400 units of real estate to revitalise its corporate assets and boost liquidity, stock exchange filings showed. The unusual… Continue reading Cash-strapped Chinese automaker Haima sells properties to raise funds
Ford revs up to sell hybrids with appeal of speed and power
DETROIT (Reuters) – Ford Motor Co is turning to the automotive marketer’s time-tested themes, speed and power, to sell a new generation of gasoline-electric hybrid vehicles to mass market customers. FILE PHOTO: A 2020 Ford Explorer Hybrid is hooked up to a boat trailer to demonstrate towing power in Dearborn, Michigan, U.S., May 15, 2019.… Continue reading Ford revs up to sell hybrids with appeal of speed and power
DRiV™ to Supply Monroe Intelligent Suspension Technology on 2020 Toyota GR Supra Sports Coupe
LAKE FOREST, Ill., May 17, 2019 /PRNewswire/ — DRiV™, a Tenneco Inc. (NYSE: TEN) business and leading global aftermarket and ride performance supplier, has announced that advanced suspension technology from its Monroe® Intelligent Suspension portfolio is included on the fifth-generation, 2020 Toyota GR Supra sports coupe. The company’s Continuously Variable Semi-Active (CVSAe) suspension technology will be… Continue reading DRiV™ to Supply Monroe Intelligent Suspension Technology on 2020 Toyota GR Supra Sports Coupe
Will Tesla’s Advantageous Panasonic Partnership Come To An End?
Is it all too good to be true moving forward? There’s definitely a chance that Tesla’s advantageous partnership with Panasonic could come to an end at some point. As we previously reported, sometimes it seems the Japanese battery cell maker is enamored with its Tesla partnership, but other times it appears that’s not necessarily the… Continue reading Will Tesla’s Advantageous Panasonic Partnership Come To An End?