MAUMEE, Ohio, Oct. 30, 2019 /PRNewswire/ — Highlights Sales of $2.16 billion Net income attributable to Dana of $111 million; diluted EPS of $0.77 Adjusted EBITDA of $250 million, increase of $10 million; margin of 11.6 percent Diluted adjusted EPS of $0.74 Operating cash flow of $231 million; adjusted free cash flow of $125 million… Continue reading Dana Incorporated Reports Third-quarter 2019 Financial Results
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Continental Powertrain is now Vitesco Technologies and is exhibiting innovative motorcycle solutions at EICMA
A wide product portfolio, from engine control units to sensors and actuators, fuel and exhaust gas management—customized for the latest regional emission regulations Series development of a 48-volt electric drive is in the starting blocks Vitesco Technologies presents its two-wheeler innovations in Hall 9, Stand O68, together with Continental Regensburg, 30. October 2019. Vitesco Technologies… Continue reading Continental Powertrain is now Vitesco Technologies and is exhibiting innovative motorcycle solutions at EICMA
Robert Bosch Venture Capital participates in US $22.5 Million Series B funding round of CelLink
About RBVC GmbH Robert Bosch Venture Capital GmbH (RBVC) is the corporate venture capital company of the Bosch Group, a leading global supplier of technology and services. RBVC invests worldwide in innovative start-up companies at all stages of their development. Its investment activities focus on technology companies working in areas of business of current and… Continue reading Robert Bosch Venture Capital participates in US $22.5 Million Series B funding round of CelLink
Prophesee Raises $28M in Funding
Prophesee SA (formerly Chronocam), a Paris, France-based developer of an advanced neuromorphic vision system, closed a $28m funding round. The round, which brought total funding to date to $68m, was led by the European Investment Bank, with participation from existing investors such as iBionext, 360 Capital Partners, Robert Bosch Venture Capital and Supernova Invest, as… Continue reading Prophesee Raises $28M in Funding
Tue 29 Oct 2019Lotus named as ‘Luxury Brand of the Year’ at prestigious Luxury Briefing Awards 2019Lotus has won the prestigious ‘Luxury Brand of the …
Award given to Lotus for having “revolutionised and disrupted its sector” during the last year Ongoing enhancements to the brand, including new corporate identity and ‘For the Drivers’ tagline, singled out for praise Lotus CEO Phil Popham paid tribute to employees working tirelessly to take the brand to new levels of success (Hethel, UK –… Continue reading Tue 29 Oct 2019Lotus named as ‘Luxury Brand of the Year’ at prestigious Luxury Briefing Awards 2019Lotus has won the prestigious ‘Luxury Brand of the …
Hyundai Mobis increases the 5G connected car development synergies
Hyundai Mobis and KT to share the results of technology development and discuss future collaboration at the Seosan Proving Ground Completed the first development project, e.g. update of the map and C-V2X six months after the start of full-scale development in January Planning to build the autonomous driving remote monitoring system using the 5G communication… Continue reading Hyundai Mobis increases the 5G connected car development synergies
Visteon Announces Third-Quarter 2019 Results
Sales of $731 million up 7 percent year-over-yearNet income of $14 millionAdjusted EBITDA of $62 million Awarded $4.6 billion in new business year-to-dateVAN BUREN TOWNSHIP, Mich., Oct. 24, 2019 (GLOBE NEWSWIRE) — Visteon Corporation (NASDAQ: VC) today announced third-quarter 2019 results, reporting net income attributable to Visteon of $14 million or $0.50 per diluted share, compared… Continue reading Visteon Announces Third-Quarter 2019 Results
Hyundai Mobis Increases the 5G Connected Car Development Synergies!
SEOUL, South Korea–(BUSINESS WIRE)–Hyundai Mobis (KRX:012330): [Situation #1] Two M.Billys, Hyundai Mobis’ autonomous driving test vehicle, start autonomous driving one after the other. The information, which the preceding vehicle secured through autonomous driving sensors, e.g. cameras and radars, is reflected on the map in real-time, and delivered to the following vehicle. As the preceding vehicle… Continue reading Hyundai Mobis Increases the 5G Connected Car Development Synergies!
BorgWarner Develops Innovative Torque-Vectoring Dual-Clutch System for Electric Vehicles
AUBURN HILLS, Mich., Oct. 28, 2019 /PRNewswire/ — BorgWarner has developed an innovative torque vectoring system for electric vehicles which enables the use of just one electric motor instead of the traditional two that are typically found on electric vehicles. This solution is cost-effective and features a compact design, significantly reducing the vehicle space needed as well… Continue reading BorgWarner Develops Innovative Torque-Vectoring Dual-Clutch System for Electric Vehicles
Reducing loss of resources from waste management is key to strengthening the circular economy in Europe
Waste from electrical and electronic equipment Technological change drives the continuous substitution of electrical and electronic equipment. The amount of waste (WEEE, also called e-waste) is steadily increasing and is one of the fastest growing waste streams in Europe. The amount of WEEE generated in Europe is over 10 million tonnes per year, roughly 40 %… Continue reading Reducing loss of resources from waste management is key to strengthening the circular economy in Europe