Volvo Group Venture Capital has invested in Apex.AI, a leading software company in autonomous mobility. The investment will fund the development of a safety-certified software framework for autonomous systems. Apex.AI, a Palo Alto, California-based company founded in 2017, is building an automotive-grade version of ROS (Robot Operating System), an established open source software framework commonly used in… Continue reading Volvo Group Venture Capital invests in Silicon Valley software firm for autonomous mobility
Tag: People
Larry, Sergey, and the Mixed Legacy of Google-Turned-Alphabet
On August 10, 2015, Google CEO Larry Page shocked the business world by announcing he was restructuring the company he cofounded into a holding company called Alphabet. Page would head the new entity, and Google itself would be one of a number of companies under Alphabet’s control—like Google X, Google Fiber, Google Ventures, and Nest—each… Continue reading Larry, Sergey, and the Mixed Legacy of Google-Turned-Alphabet
GM CEO Dodges Tesla Cybertruck Question: Promises Strong GM Pickup
Mary Barra said that GM’s electric pickup will capitalize on the company’s knowledge and experience in the segment Today has been marked by a welcome announcement about the General Motors/LG Chem battery joint venture, which will result in a huge lithium-ion cell factory (more than 30 GWh annually with options for expansion) in the Lordstown area… Continue reading GM CEO Dodges Tesla Cybertruck Question: Promises Strong GM Pickup
Press: ZF Introduces Condition Monitoring Technology for Thruster Systems in Ships
New Orleans. A global specialist for marine propulsion systems, ZF has introduced an intelligent Condition Monitoring System for thrusters. The technology monitors the status of the thruster system and helps shipyards, shipping companies and fleet operators maintain the safety and efficiency of their ships as well as extend the service life of the propulsion system.… Continue reading Press: ZF Introduces Condition Monitoring Technology for Thruster Systems in Ships
New electric vehicle battery plant will bring 1,100 jobs near former Lordstown auto plant – cleveland.com
CLEVELAND, Ohio — General Motors’ joint venture with a South Korean chemical company to manufacture electric vehicle batteries will create 1,100 jobs at a new facility to be built in Lordstown, the home of a former GM auto plant, the companies said Thursday. The joint venture between GM and LG Chem will invest up to… Continue reading New electric vehicle battery plant will bring 1,100 jobs near former Lordstown auto plant – cleveland.com
@GM: General Motors and LG Chem Team Up to Advance Toward an All-Electric Future, Add Jobs in Ohio DETROIT , Dec. 5, 2019 /PRNewswire/ — Will create mo…
DETROIT, Dec. 5, 2019 /PRNewswire/ — Will create more than 1,100 new jobs in a new, Ohio-based facility Joint venture to drive cost per kilowatt hours to industry-leading levels New battery plant to have an annual capacity of more than 30 gigawatt hours with flexibility for expansion Companies enter joint agreement to develop advanced tech,… Continue reading @GM: General Motors and LG Chem Team Up to Advance Toward an All-Electric Future, Add Jobs in Ohio DETROIT , Dec. 5, 2019 /PRNewswire/ — Will create mo…
@Hyundai: Hyundai Motor Unveils ‘Strategy 2025’ Roadmap
Hyundai to transition into Smart Mobility Solution Provider by 2025 with two pillars Smart Mobility Device will expand beyond automobiles to include Personal Air Vehicle (PAV), robotics, last-mile mobility Smart Mobility Service will offer personalized services and contents on integrated platform Hyundai announces a set of strategic goals achieve balanced and steady growth boost profitability… Continue reading @Hyundai: Hyundai Motor Unveils ‘Strategy 2025’ Roadmap
LG Chem and GM to invest $2+B for Ohio battery factory, Cadillac EV on tap
In July it was announced that LG Chem was working on a potential new billion-dollar US battery cell factory for electric cars. Today in a security filing in South Korea, LG Chem confirmed that investment, and that GM will invest another billion. Reuters reports that the location is expected to be in the area of… Continue reading LG Chem and GM to invest $2+B for Ohio battery factory, Cadillac EV on tap
Retail Therapy: Smart Carts Roll Out to Assist Shoppers and Avoid Checkouts
York Yang is a hardcore millennial: He doesn’t wait for restaurants or mass transit — he orders on-demand meals and wheels. And when it comes to grocery checkouts, he takes matters into his own hands. Yang and three co-founders started Caper, a maker of automated shopping carts, to solve their generation’s distaste for waiting in… Continue reading Retail Therapy: Smart Carts Roll Out to Assist Shoppers and Avoid Checkouts
Nissan orders two-day furlough for U.S. workers to cut costs
Gabrielle Coppola, Bloomberg Published 12:05 p.m. ET Dec. 5, 2019 | Updated 12:09 p.m. ET Dec. 5, 2019 Nissan Motor Co. ordered a furlough of employees for two days at the beginning of January, the latest cost-cutting move as U.S. sales continue to slide. Nissan North America is closing U.S. offices on Jan. 2 and… Continue reading Nissan orders two-day furlough for U.S. workers to cut costs