Taiwan’s Foxconn shows off three electric vehicle prototypes

Foxtron Vice Chairman Tso Chi-sen told reporters that electric vehicles would be worth a trillion Taiwan dollars to Foxconn in five years time – a figure equivalent to around $35 billion. TAIPEI: Taiwan tech giant Foxconn unveiled its first three electric vehicle prototypes on Monday, underscoring ambitious plans to diversify away from its role of… Continue reading Taiwan’s Foxconn shows off three electric vehicle prototypes

Tesla Roadster production delayed again until 2023

Production of the second-generation Tesla Roadster has been pushed back again to 2023, adding yet another year to the wait between the electric sports car’s initial reveal and its on-sale date. Tesla’s CEO, Elon Musk, made the announcement in his usual roundabout fashion during the company’s annual shareholder meeting, citing supply chain difficulties as the… Continue reading Tesla Roadster production delayed again until 2023

Magna annonce la résiliation d’un accord de fusion avec Veoneer

Magna a renoncé à une période d’égalisation de quatre jours pour faire une contre-proposition Veoneer s’apprête à payer des frais de résiliation La décision de renoncer souligne l’approche disciplinée de Magna en matière d’évaluation AURORA, Ontario, 14 oct. 2021 (GLOBE NEWSWIRE) — Magna International Inc. (TSX : MG ; NYSE : MGA) a annoncé aujourd’hui que le Conseil… Continue reading Magna annonce la résiliation d’un accord de fusion avec Veoneer

Italvolt and ABB announce partnership agreement as a key step in delivering Italian gigafactory

More specifically, the technology partnership with ABB will bring Italvolt: Expertise in design and delivery of electrification and automation solutions for power control, distribution and management, optimization of manufacturing processes and long-term energy efficiency Consultancy on robotics and autonomous operations for transportation and handling of material in the process units of the plant Exploration of solutions… Continue reading Italvolt and ABB announce partnership agreement as a key step in delivering Italian gigafactory

Battery Resourcers Raises $70M in Series B Funding

Battery Resourcers, a Worcester, MA-based lithium-ion battery recycler and manufacturer, raised $70M in Series B funding.  Orbia Ventures and Koura, Orbia’s business focused on the development, manufacture and supply of fluoroproducts and technologies, initiated this funding round later joined by Hitachi Ventures, InMotion Ventures (JLR), Doral Energy, At One Ventures, TDK Ventures and Trumpf Ventures. Founded in 2015… Continue reading Battery Resourcers Raises $70M in Series B Funding

German Handelsblatt: Italy’s first Gigafactory: “As big as VW in Wolfsburg” – one of the largest battery factories in Europe is to be built in northern Italy003074

Scarmagno The old factory halls have started to rust, windows have been smashed, scaffolding supports the ailing concrete ceiling. Everything looks a bit like “The Walking Dead” here. Instead of zombies, a wiry man in a suit walks through the weathered backdrop, blue slippers on his feet, a thick buckle on his belt: Lars Carlstrom… Continue reading German Handelsblatt: Italy’s first Gigafactory: “As big as VW in Wolfsburg” – one of the largest battery factories in Europe is to be built in northern Italy003074

Worldwide Automotive Glass Industry to 2026 – Advancement and Innovation in Windshield Technology Presents Opportunities

DUBLIN, Oct. 6, 2021 /PRNewswire/ — The “Automotive Glass Market Research Report by Application (Backlite, Rear Quarter Glass, and Side & Rear-View Mirror), by Type (Laminated and Tempered), by Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) – Global Forecast to 2026 – Cumulative Impact of COVID-19″ report has been added to ResearchAndMarkets.com’s offering.… Continue reading Worldwide Automotive Glass Industry to 2026 – Advancement and Innovation in Windshield Technology Presents Opportunities

Q3-2021 Results Conference Call

AURORA, Ontario, Oct. 05, 2021 (GLOBE NEWSWIRE) — Magna International Inc. (TSX:MG) (NYSE:MGA) Q3-2021 RESULTS CONFERENCE CALL FRIDAY – NOVEMBER 5, 2021 8:00 AM ET   DIAL IN NUMBERS North America: 1-800-926-9175 International: 1-416-641-6701 Webcast: www.magna.com Slide presentation will be available on our website prior to the call.   REBROADCAST INFORMATION Replay available 2 hours… Continue reading Q3-2021 Results Conference Call

Qualcomm Acquires Veoneer (VNE), Defeats Magna With Higher Bid

Veoneer, Inc. VNE was recently acquired by Qualcomm QCOM for $4.5 billion, as the latter knocked out Magna International MGA with a higher bid. This acquisition puts an end to the bidding war brewing between the chipmaker and the car supplier for control of the Swedish automotive-technology company. Per the deal, Qualcomm partnered with the… Continue reading Qualcomm Acquires Veoneer (VNE), Defeats Magna With Higher Bid

Foxconn will build EVs for Lordstown Motors and Fisker at Ohio plant

Foxconn will build electric vehicles for Lordstown Motors as well as its other partner Fisker Inc. at a former GM factory in Ohio, under an agreement announced Thursday. Lordstown Motors, the beleaguered electric vehicle company that became publicly traded via a merger with a special purpose acquisition company, said Thursday it reached a nonbinding agreement… Continue reading Foxconn will build EVs for Lordstown Motors and Fisker at Ohio plant