Ineos will restart production of the Grenadier after it solved supply issues that resulted in all builds being put on hold in September. Autocar understands the pause was down to seat supplier Recaro Automotive filing for insolvency. Ineos Automotive CEO Lynn Clader said at the time that the firm had run out of a trim piece… Continue reading Ineos to restart production after four-month pause
Tag: Manufacturing
Honda has a plan to build solid-state batteries for EVs
/ Honda built a life-sized demonstration factory that outlines its production plan to build energy dense solid-state batteries. By Umar Shakir, a news writer fond of the electric vehicle lifestyle and things that plug in via USB-C. He spent over 15 years in IT support before joining The Verge. Share this story Image: Honda Honda… Continue reading Honda has a plan to build solid-state batteries for EVs
Korea’s Hanwha Life to acquire 75% of US financial firm Velocity ClearingThe management of Velocity will retain the remaining stake.
Hanwha Life, a life insurer under the South Korean conglomerate Hanwha Group, said it has agreed to acquire a 75% stake in the parent company of US-based financial services firm Velocity Clearing. The management team of Velocity Clearing will retain the remaining minority stake, Hanwha Life said in a statement. Financial terms of the deal… Continue reading Korea’s Hanwha Life to acquire 75% of US financial firm Velocity ClearingThe management of Velocity will retain the remaining stake.
Vietnamese behemoth Vingroup establishes $39m robotics company VinRoboticsVingroup holds a 51% ownership in the company.
Vietnamese behemoth Vingroup has established VinRobotics Research, Development and Application Company, with a charter capital of 1,000 billion dong ($39.3 million), according to an announcement. VinRobotics is set to boost production efficiency and streamline processes across various industries, services, and daily life. Vingroup holds a 51% ownership in the company, while billionaire Pham Nhat Vuong… Continue reading Vietnamese behemoth Vingroup establishes $39m robotics company VinRoboticsVingroup holds a 51% ownership in the company.
Visteon launches 30 products in Q3 including Tata Punch Camo edition’s infotainment system
Technology solutions provider Visteon has reported net sales of $980 million (Rs 8,164 crore) in the third quarter of CY2024. The company has stated that in a challenging market environment, it has “delivered 6% outperformance relative to customer vehicle production, driven by strong demand for digital cockpit and electrification products. Our market outperformance was offset… Continue reading Visteon launches 30 products in Q3 including Tata Punch Camo edition’s infotainment system
United Imaging Installs Another Flagship uMR OMEGA®, in New Mexico
X-Ray Associates of New Mexico (XRANM), with their motto “We Don’t Follow. We Lead.”, took decisive action to have the 75 cm 3T MRI scanner installed and clinically operational within ten months of seeing images at RSNA 2023. HOUSTON, Nov. 20, 2024 /PRNewswire/ — United Imaging, a global leader in advanced medical imaging and radiotherapy… Continue reading United Imaging Installs Another Flagship uMR OMEGA®, in New Mexico
Iontra Closes $45 Million Series C to Deliver Launch of the Industry’s First Integrated RISC-V Charge Control and Fuel Gauge Microcontroller
CENTENNIAL, Colo., Nov. 20, 2024 /PRNewswire/ — Iontra Inc, a Colorado-based leader in next-generation battery charging technology, announced today that it has successfully completed its $45M Series C funding round with support from both current and new investors. The company has raised $120.3 Million to date. Combined with the recent DOE award of the $2.15… Continue reading Iontra Closes $45 Million Series C to Deliver Launch of the Industry’s First Integrated RISC-V Charge Control and Fuel Gauge Microcontroller
Dark Horse Stages Unveils New Stages to Boost North Carolina’s Film Industry
Two brand-new 20,000-square-foot stages now compliment the studio’s existing 42,500 square feet of state-of-the-art production space, enhancing Wilmington’s vibrant film scene WILMINGTON, N.C., Nov. 20, 2024 /PRNewswire/ — In a grand opening event complete with legendary rock stars, politicians, film industry veterans, and more, Dark Horse Stages, one of North Carolina’s premier production studios, last week officially opened… Continue reading Dark Horse Stages Unveils New Stages to Boost North Carolina’s Film Industry
U.S. Navy Leverages Beacon’s CBM+ Systems for Joint Awareness with Pacific Partner
WALTHAM, Mass., Nov. 20, 2024 /PRNewswire/ — The U.S. Office of Naval Research (ONR) has awarded Beacon Interactive Systems a contract to provide Operational Condition Based Maintenance (CBM+) in support of a key U.S. Navy Pacific partner. Joining Beacon in this effort, the University of Massachusetts Lowell is developing a bridge simulator for ongoing experimentation. Continue… Continue reading U.S. Navy Leverages Beacon’s CBM+ Systems for Joint Awareness with Pacific Partner
SK hynix Starts Mass Production of World’s First 321-High NAND
Industry’s first 321-high NAND of 1Tb developed for supply in 1H25 “Three Plugs” process technology leads to technological breakthrough for stacking, improves speed, power efficiency Company on track to becoming “Full Stack AI Memory Provider” with enhanced competitiveness in AI storage SEOUL, South Korea, Nov. 20, 2024 /PRNewswire/ — SK hynix Inc. (or “the company”,… Continue reading SK hynix Starts Mass Production of World’s First 321-High NAND