Benzinga Is Polkadot the So-Called Ethereum Killer? For years, cryptocurrency upstarts have been searching for a so-called Ethereum (CCC:ETH-USD) killer. Among the most promising candidates is Polkadot (CCC:DOT-USD) as Polkadot was designed to upgrade Ethereum and to overcome its drawbacks. I’m not promising that this, or any other cryptocurrency, will actually “kill” Ethereum. Nor am… Continue reading Fisker Jumps on EV-Production Pact With Magna International
Tag: Magna
Magna to begin manufacturing Fisker Ocean SUV from November 2022
Electric vehicle manufacturer has signed a binding agreement supporting manufacturing with Magna International Inc. Along with the previously signed agreements on electric vehicle (EV) platform sharing and ADAS package, today’s news finalises the framework established between the two companies beginning in October 2020. Fisker and Magna also confirmed that production of the all-electric Fisker Ocean… Continue reading Magna to begin manufacturing Fisker Ocean SUV from November 2022
@BMW: BMW Group creates closed-loop material cycle for tungsten production tools to protect valuable resources001215
Munich. The BMW Group is making raw materials considered to be so-called conflict minerals a special focus of its sustainability strategy. This includes ores where mining or trading is often associated with violations of environmental and social standards. Tungsten is an example of this: Once considered an irritating by-product of tin mining, since it “ate… Continue reading @BMW: BMW Group creates closed-loop material cycle for tungsten production tools to protect valuable resources001215
Waymo, Alphabet’s self-driving arm, raises $2.5B in second external investment round
Waymo, Google’s former self-driving project that is now a business unit under Alphabet, said Wednesday it raised $2.5 billion in its second outside funding round. The company said in a blog post it will use the funds to continue growing Waymo Driver, its autonomous driving platform, and growing its team. The round saw participation from… Continue reading Waymo, Alphabet’s self-driving arm, raises $2.5B in second external investment round
Transforming mobility with the confidence of world-class investors
As we build, deploy, and commercialize the Waymo Driver, it’s gratifying to see so much interest in being part of our journey to transform mobility, making it safer, more accessible, and more sustainable along the way. So we’re proud to announce our latest investment round of $2.5 billion, with participation from Alphabet, Andreessen Horowitz, AutoNation,… Continue reading Transforming mobility with the confidence of world-class investors
Ineos Grenadier prototype 2022 review – AutoExpress
Verdict When the Grenadier is launched, it will be unrivalled in its segment. Buyers who have been waiting for precisely such a car won’t be disappointed, but just how many out there want something like the Grenadier remains to be seen. BMW engines promise performance and durability, and while the suspension tuning focuses on safe… Continue reading Ineos Grenadier prototype 2022 review – AutoExpress
Magna (MGA) Stock Sinks As Market Gains: What You Should Know
In the latest trading session, Magna (MGA) closed at $96.52, marking a -1.83% move from the previous day. This change lagged the S&P 500’s daily gain of 0.18%. Prior to today’s trading, shares of the automotive supply company had gained 1.78% over the past month. This has lagged the Auto-Tires-Trucks sector’s gain of 7.54% and… Continue reading Magna (MGA) Stock Sinks As Market Gains: What You Should Know
Is Magna International Inc.’s (TSE:MG) Recent Price Movement Underpinned By Its Weak Fundamentals?
Magna International (TSE:MG) has had a rough week with its share price down 4.6%. We, however decided to study the company’s financials to determine if they have got anything to do with the price decline. Stock prices are usually driven by a company’s financial performance over the long term, and therefore we decided to pay… Continue reading Is Magna International Inc.’s (TSE:MG) Recent Price Movement Underpinned By Its Weak Fundamentals?
@niche: Production is Just Around The Corner – REE Automotive’s CEO on Partnerships, Going Public And Its New Centre of Excellence000953
Reading Time: 4 minutes REE Automotive is on a roll. In recent months it’s unveiled two major partnerships and the establishment of an Engineering Center of Excellence in the UK. As if these announcements weren’t enough for the Israeli e-mobility start-up, it’s also aiming to list on the NASDAQ through a merger. The stories just… Continue reading @niche: Production is Just Around The Corner – REE Automotive’s CEO on Partnerships, Going Public And Its New Centre of Excellence000953
Rugged Ineos Grenadier SUV coming to US in 2023 – Motor Authority
Rugged, off-road-oriented SUVs like the Ford Bronco, Jeep Wrangler and Land Rover Defender may soon face competition from a formidable contender being developed by the newly minted automotive arm of British chemical giant Ineos. We’re talking about the Grenadier, a boxy, go-anywhere SUV modeled after the previous-generation Land Rover Defender and due to start production… Continue reading Rugged Ineos Grenadier SUV coming to US in 2023 – Motor Authority