After many signals suggesting that it would happen, Fisker has officially filed for bankruptcy. The chapter 11 filing came late Monday night in Delaware, where Fisker is incorporated. Soon after, Fisker posted a statement on its website. In the statement, Fisker blamed “market and macroeconomic headwinds that have impacted our ability to operate efficiently.” It… Continue reading The time has come: Fisker has filed for bankruptcy
Tag: Magna
EV startup Fisker files for bankruptcy
Fisker Inc., the EV startup founded by famed designer Henrik Fisker, filed for Chapter 11 bankruptcy protection — a capstone to months of problems with its Ocean SUV that included recalls and dozens of lemon law lawsuits. The California-based company, which filed for bankruptcy in the Delaware Court, had been seeking a deal with another… Continue reading EV startup Fisker files for bankruptcy
Magna wins reconfigurable seating business with Chinese OEM
Magna International, which has achieved many advances in traditional in-cabin vehicle design, has announced that it has won its first contract to deliver a reconfigurable seating system to a Chinese OEM. This innovative technology offers fully rotating front seats paired with long rails, enabling a flexible layout for more in-cabin space. Magna’s reconfigurable seating system… Continue reading Magna wins reconfigurable seating business with Chinese OEM
Magna wins reconfigurable seating business with Chinese OEM
Magna International, which has achieved many advances in traditional in-cabin vehicle design, has announced that it has won its first contract to deliver a reconfigurable seating system to a Chinese OEM. This innovative technology offers fully rotating front seats paired with long rails, enabling a flexible layout for more in-cabin space. Magna’s reconfigurable seating system… Continue reading Magna wins reconfigurable seating business with Chinese OEM
Magna wins reconfigurable seating business with Chinese OEM
Magna International, which has achieved many advances in traditional in-cabin vehicle design, has announced that it has won its first contract to deliver a reconfigurable seating system to a Chinese OEM. This innovative technology offers fully rotating front seats paired with long rails, enabling a flexible layout for more in-cabin space. Magna’s reconfigurable seating system… Continue reading Magna wins reconfigurable seating business with Chinese OEM
Electric Vehicle (EV) Transmission System Market size is set to grow by USD 52.59 billionn from 2024-2028, Increasing demand for bevs boost the market, Technavio
NEW YORK, June 17, 2024 /PRNewswire/ — The global electric vehicle (EV) transmission system market size is estimated to grow by USD 52.59 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 36.38% during the forecast period. Increasing demand for bevs is driving market growth, with a trend towards increase in popularity of E-axle… Continue reading Electric Vehicle (EV) Transmission System Market size is set to grow by USD 52.59 billionn from 2024-2028, Increasing demand for bevs boost the market, Technavio
The Michelin site at Troyes is inaugurating COSMOS, a new innovative machine for the production of agricultural tires
Today, Michelin is announcing the inauguration of the COSMOS machine on its industrial site in Troyes. COSMOS: a new machine for the production of agricultural tires, hitherto unseen in the Michelin group For several months, the factory has been host to an innovative project to install a new agricultural tire production machine, one that… Continue reading The Michelin site at Troyes is inaugurating COSMOS, a new innovative machine for the production of agricultural tires
Jaguar discontinues F-Type production after 11 years
The last Jaguar F-Type has rolled off the brand’s Castle Bromwich production line, ahead of the company’s transition into a maker of low-volume electric luxury cars. The last F-Type was assembled exactly 50 years after the final E-Type, with its specification referencing its ancestor – a Giola Green convertible with a tan leather interior and a… Continue reading Jaguar discontinues F-Type production after 11 years
Automotive Camera Market Size in North America is set to grow by USD 3.93 billion from 2024-2028, Priority of automotive safety among customers boost the market, Technavio
NEW YORK, June 14, 2024 /PRNewswire/ — The automotive camera market size in North America is estimated to grow by USD 3.93 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 17.64% during the forecast period. Priority of automotive safety among customers is driving market growth, with a trend towards increased use of… Continue reading Automotive Camera Market Size in North America is set to grow by USD 3.93 billion from 2024-2028, Priority of automotive safety among customers boost the market, Technavio
Jaguar F-Type production ends after 87,731 examples built
The final Jaguar F-Type has rolled off the firm’s Castle Bromwich production line, ahead of the brand’s transition into a maker of low-volume electric luxury cars. The last F-Type was assembled exactly 50 years after the final E-Type, with its specification referencing its ancestor – a Giola Green convertible with a tan leather interior and a… Continue reading Jaguar F-Type production ends after 87,731 examples built