In the second week of August, 550 Bolt employees from all around the globe gathered in Tallinn for a company-wide hackathon to improve company culture, network, gain new knowledge and generally share some good vibes! Here’s what happened. Imagine one regular six-year-old. He’s full of questions when it comes to discovering the world in and… Continue reading Bolt gathered in Tallinn for a company-wide hackathon
Tag: People
Battery-powered plane crashes in Norway as country tries to ditch fossil fuels
An all-electric battery-powered plane has crashed into a lake in Norway, in what is a setback for the country’s attempt to move away from fossil fuel-powered flight. Reuters reports that the Alpha Electro G2 plane is owned and operated by Avinor, Norway’s state-run airport operator, and was being flown by its chief executive, Dag Falk-Petersen,… Continue reading Battery-powered plane crashes in Norway as country tries to ditch fossil fuels
Chief fired because of planning mistakes – Setback for Susanne Klatten: profit warning from SGL Carbon shocks investors – threatens the stock market exit?
DPA SGL headquarters in Meitingen (Swabia): Is the main owner Skion taking the company completely from the stock exchange? Bad news for BMW major shareholder Susanne Klatten: The carbon specialist SGL Carbon, in which it is involved through its investment company Skion, must say goodbye to its goals by 2022. The sudden departure of Chief… Continue reading Chief fired because of planning mistakes – Setback for Susanne Klatten: profit warning from SGL Carbon shocks investors – threatens the stock market exit?
Indonesian startup Logisly secures seed funding led by Seedplus, others
In the latest deal in Indonesia’s trucking space, e-forwarding startup Logisly has raised an undisclosed seed funding round led by Singapore-based SeedPlus, Indonesia-based Convergence Ventures and Tokyo-based Genesia Ventures. With the fresh capital, Logisly is set to pursue its goal of easing the high cost of logistics in Indonesia, by increasing utilization of trucks and… Continue reading Indonesian startup Logisly secures seed funding led by Seedplus, others
Opel World Premieres at 2019 IAA: New Astra, New Corsa and Grandland X Plug-In Hybrid
Success story, act six: new Corsa as all-electric version for first time 300hp and AWD: new Grandland X Hybrid4 version tops Opel’s SUV family Really frugal: most efficient Astra of all time makes its debut Space for nine: new Zafira Life generation available in three vehicle lengths Wide choice: intelligent Opel portfolio from electric and… Continue reading Opel World Premieres at 2019 IAA: New Astra, New Corsa and Grandland X Plug-In Hybrid
ADAC test: High additional costs for expensive wall boxes possible
Who has the opportunity to be electric car to load at home, should buy a wallbox for it. A test of the ADAC shows significant price differences among the providers. There are also new connection specifications. August 13, 2019, 16:19, Friedhelm old man Test winner at ADAC: The Wallbox Home Eco from Heidelberg (Photo: Heidelberg)… Continue reading ADAC test: High additional costs for expensive wall boxes possible
Renovation: Opel reduces goods distribution center at the headquarters in Rüsselsheim
Opel Opel has ruled out redundancies in its recovery plan “Pace” until the summer of 2023. (Photo: AP) Ruesselsheim The car maker Opel reduced in the course of its renovation, the goods distribution center at the headquarters Rüsselsheim. Of currently 300 jobs around 200 are deleted, as a company spokesman confirmed on Thursday. The employees… Continue reading Renovation: Opel reduces goods distribution center at the headquarters in Rüsselsheim
VinaCapital Ventures invests in Vietnamese logistics startup An Vui
Vietnam-based VinaCapital Ventures has invested in An Vui, a transportation management system startup, according to an announcement. Founded in 2015, the startup aims to tackle the pain points in road transport in areas such as intercity bus and limousine services, which account for more than three-quarters of Vietnam’s passenger transport methods. Businesses operating in this… Continue reading VinaCapital Ventures invests in Vietnamese logistics startup An Vui
Magna Celebrates Opening of New Electronics Facility
State-of-the-art manufacturing facility in Grand Blanc Township, MichiganSolidifies leadership in vision-based driver assistance systemsDivision has made more than 46 million ADAS components since 2005TROY, Mich., Aug. 14, 2019 (GLOBE NEWSWIRE) — Magna celebrated the opening of a new electronics manufacturing facility today in Grand Blanc Township, Michigan. The facility consolidates three nearby locations into a… Continue reading Magna Celebrates Opening of New Electronics Facility
Rivian might build upcoming Ford electric SUV
Rivian could be entrusted to build an upcoming Ford electric SUV—due within the next few years—at the startup’s former Mitsubishi assembly plant in Normal, Illinois.
“It would be counterproductive for us to try and make what they have capacity to do in the beginning here, because they've got a factory in Illinois that meets a lot of our criteria,” Ford CEO Jim Hackett told MotorTrend, in a story published Tuesday.
That's a departure from what was announced in April, with the formation of a strategic partnership between the two companies. At that time, Ford said that it will build an all-new battery electric vehicle using Rivian’s flexible skateboard platform, and that the companies would develop this next-generation vehicle together.
Rivian R1T, R1S chassis
The Ford truck project, which is now sounding more like an electric SUV than an electric pickup, will leave much to Rivian. It's due to share all of Rivian’s core components, such as its battery pack, power electronics, electric motors, and electronic architecture, but Ford will develop what sometimes in industry terms is called a top hat—a different or fully differentiated body that fits onto the skateboard, with all the key technical components shared.
Ford may have a little more influence in Rivian’s platform as it moves toward production, however—and potentially, many more models. The partnership was spearheaded by a $500 million minority investment from Ford, and under that, Ford President of Global Operations Joe Hinrichs was given a seat on the Rivian board.
Ford emphasized that the deal doesn’t affect its existing $11 billion investment toward electric and electrified vehicles, including the upcoming Mustang-inspired electric crossover, which is due to arrive next year, or work on a fully electric version of the Ford F-150 pickup.
The Rivian R1T pickup is due to arrive in late 2020, with the R1S SUV to follow in 2021—and the Ford product after that.