Waymo’s self-driving cars will make an appearance in New York City on Thursday, but don’t expect to hail a robotaxi in the Big Apple anytime soon — or ever. The company is a long way from testing or launching its autonomous vehicles commercially in the city. Instead, Waymo announced plans to manually drive its vehicles… Continue reading Waymo self-driving vehicles will begin mapping NYC’s streets
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Graybar Announces Acquisition of Metro Electric Supply and Metro Lighting
ST. LOUIS, Miss., Nov. 3, 2021 /PRNewswire/ — Graybar, a leading distributor of electrical, communications and data networking products and provider of related supply chain management and logistics services, today announced that it has acquired Metro Electric Supply and Metro Lighting. Headquartered in St. Louis, Mo., Metro is a regional distributor that primarily serves homebuilders… Continue reading Graybar Announces Acquisition of Metro Electric Supply and Metro Lighting
BorgWarner Captures North American High Voltage Silicon Carbide Inverter Business with Major Global OEM
AUBURN HILLS, Mich., Nov. 3, 2021 /PRNewswire/ — BorgWarner has secured a contract with a major OEM to supply high voltage inverters for battery electric vehicle (BEV) platforms including a variety of passenger cars and trucks. The business award marks the company’s largest major silicon carbide based (SiC) inverter win and the first silicon carbide based… Continue reading BorgWarner Captures North American High Voltage Silicon Carbide Inverter Business with Major Global OEM
BorgWarner to Provide New Silicon Carbide Inverter for German OEM’s Electric Vehicles
AUBURN HILLS, Mich., Nov. 3, 2021 /PRNewswire/ — BorgWarner will be providing a new, high-voltage silicon carbide (SiC) inverter to a large German automaker for implementation in its next-generation electric vehicles. The BorgWarner 800V SiC inverter with proprietary power switches provides a more compact and efficient power module, resulting in higher electric vehicle range and enhanced driving… Continue reading BorgWarner to Provide New Silicon Carbide Inverter for German OEM’s Electric Vehicles
Volkswagen invests in EU-backed energy transformation fund
The move is in line with other steps by Volkswagen, which in September unveiled plans to set up its own 300 million euro ($348 million) venture capital fund to invest in decarbonisation projects and start-ups in the field. Volkswagen is expanding its green strategy by investing in an EU-backed fund to jointly back technology firms… Continue reading Volkswagen invests in EU-backed energy transformation fund
@BMW: Statement Oliver Zipse, Chairman of the Board of Management of BMW AG, Conference Call Quarterly Statement to 30 September 2021001561
A very warm welcome to all of you! The BMW Group is profitable and the company is growing. This is thanks to our customers around the world as well as the strong demand for our diverse range of products and drivetrain technologies. We delivered 1.9 million BMW, MINI and Rolls-Royce vehicles to customers in the… Continue reading @BMW: Statement Oliver Zipse, Chairman of the Board of Management of BMW AG, Conference Call Quarterly Statement to 30 September 2021001561
@BMW: Statement Dr Nicolas Peter, Member of the Board of Management of BMW AG, Finance, Conference Call Quarterly Statement to 30 September 2021001560
Good Morning, Ladies and Gentlemen. The BMW Group’s positive business development in the first nine months of the year confirms our strategic course. Throughout the semiconductor crisis, our employees have delivered outstanding performance, month after month. That is how we were able to raise our expected targets for the year again in September. All segments… Continue reading @BMW: Statement Dr Nicolas Peter, Member of the Board of Management of BMW AG, Finance, Conference Call Quarterly Statement to 30 September 2021001560
Autos & Transportation · 8:07 AM UTCBMW offsets lower deliveries with higher prices, EV salesHigher prices and strong electric vehicle sales helped Ge…
BMW logo is seen during Munich Auto Show, IAA Mobility 2021 in Munich, Germany, September 8, 2021. REUTERS/Wolfgang Rattay Q3 net profit 2.58 bln euros vs forecast 2.38 bln Q3 deliveries fell 12.2%, but revenues up 4.5% Q3 autos EBIT margin 7.8% BERLIN, Nov 3 (Reuters) – Higher prices and strong electric vehicle sales helped… Continue reading Autos & Transportation · 8:07 AM UTCBMW offsets lower deliveries with higher prices, EV salesHigher prices and strong electric vehicle sales helped Ge…
Autos & TransportationVolkswagen invests in EU-backed energy transformation fund8:08 AM UTC
A new logo of German carmaker Volkswagen is unveiled at the VW headquarters in Wolfsburg, Germany September 9, 2019. REUTERS/Fabian Bimmer FRANKFURT, Nov 3 (Reuters) – Volkswagen (VOWG_p.DE) is expanding its green strategy by investing in an EU-backed fund to jointly back technology firms in the field of energy transformation. The carmaker, which has committed… Continue reading Autos & TransportationVolkswagen invests in EU-backed energy transformation fund8:08 AM UTC
Ford and Newlab Announce Startups to Pilot New Electric Vehicle Tech
Ford Motor Company and Newlab, a community of experts and innovators applying transformative technology to solve the world’s biggest challenges, recently announced the five startups that will participate in the inaugural cohort of the Mobility Studio—a new program focused on supporting the advancement of technologies, product collaborations, and business models that drive a cleaner transportation future. The… Continue reading Ford and Newlab Announce Startups to Pilot New Electric Vehicle Tech