Sony seeks new partners for transformative EV project -executive

Sony seeks partners to make cars into entertainment spaces Transformation of cars similar to rise of smartphones TOKYO, Jan 21 (Reuters) – Sony Group (6758.T) will likely add new technology partners to its electric vehicle (EV) project to help it forge a mobility business to transform cars from transportation machines to entertainment spaces, a Sony… Continue reading Sony seeks new partners for transformative EV project -executive

Electric mobility: Valmet Automotive further expands Kinematic Systems product range

Valmet Automotive, a global leader in vehicle contract manufacturing and Tier-1 supplier of battery systems and roof and kinematic solutions, significantly expands its comprehensive product range of kinematic systems for electric vehicles. Due to the strong market trend to electric mobility, the company expects high growth potential in the business of additional comfort systems, but… Continue reading Electric mobility: Valmet Automotive further expands Kinematic Systems product range

AUTOMOBILI PININFARINA EXPANDS PRESENCE IN NORTH AMERICA

MUNICH, and CAMBIANO, Italy, Jan. 18, 2022 /PRNewswire/ — Automobili Pininfarina has expanded its US presence with the appointment of two new retail partners in key locations.  Newport Beach Automotive Group in Orange County and Lake Forest Sportscars in Chicago will be responsible for the sale of the award-winning new Battista pure-electric hyper GT, which… Continue reading AUTOMOBILI PININFARINA EXPANDS PRESENCE IN NORTH AMERICA

Rimac Automobili to become a standalone business as Rimac Technology

The Rimac Group is now fully operational, from January 1, 2022, as an umbrella company that incorporates Bugatti Rimac (active from November 2021) and the new standalone Rimac Technology business. The Rimac Group is the majority shareholder in Bugatti Rimac with a 55% stake and Porsche owning the remaining 45%. Rimac Technology – the sister… Continue reading Rimac Automobili to become a standalone business as Rimac Technology

Magna Announces Date for Q4 & Year End 2021 Results and 2022 Outlook Conference Call

AURORA, Ontario, Jan. 17, 2022 (GLOBE NEWSWIRE) — Magna International Inc. (TSX:MG) (NYSE:MGA) MAGNA ANNOUNCES DATE FOR Q4 & YEAR END 2021 RESULTS and 2022 OUTLOOK CONFERENCE CALL   FRIDAY – FEBRUARY 11, 2022 8:00 AM ET   DIAL IN NUMBERS  Toll-Free: 1-800-909-4145 International: 1-416-981-9023 Webcast: www.magna.com Slide presentation will be available on our website prior to… Continue reading Magna Announces Date for Q4 & Year End 2021 Results and 2022 Outlook Conference Call

Magna acquires tech, hires engineers of autonomous vehicle startup Optimus Ride

Magna has acquired the technology, IP and assets of Optimus Ride, a startup based in Boston that was trying to commercialize electric autonomous shuttles. As part of the deal announced Tuesday, Magna has hired more than 120 employees of Optimus Ride. The financial terms of the agreement were not disclosed, Optimus Ride CEO Sean Harrington… Continue reading Magna acquires tech, hires engineers of autonomous vehicle startup Optimus Ride

Magna Adds More Than 120 Engineers, Strengthens ADAS Capabilities

Majority of Optimus Ride engineering team joins Magna Bolsters Magna’s expertise in advanced sensing technologies Adds engineering center in Boston area AURORA, Ontario, Jan. 11, 2022 (GLOBE NEWSWIRE) — Magna has added more than 120 employees of Optimus Ride, a provider of autonomous vehicle and mobility solutions located in Boston, to enhance Magna’s capabilities in… Continue reading Magna Adds More Than 120 Engineers, Strengthens ADAS Capabilities

Optimus Ride acquired by Magna; CEO stepping down

Motley Fool Is AT&T Still a Great Dividend Stock? In 2021, AT&T (NYSE: T) decided to spin off its DIRECTV and WarnerMedia divisions to raise capital to reduce its massive debt. Unfortunately for income investors, AT&T revealed last year that it intended to slash the payout despite the cash the company will receive from the… Continue reading Optimus Ride acquired by Magna; CEO stepping down

This is the Fittipaldi EF7 Vision Gran Turismo – Top Gear

Sharks. A McLaren P1 GTR. Love of a Brazilian homeland. There’s a selection of the ingredients that were poured into the creation of the Fittipaldi Motors EF7 Vision Gran Turismo by Pininfarina. OK, the name needs a trim, but that’s an intriguing mood board. The EF7 exists because of the most mouthwatering foundation a supercar… Continue reading This is the Fittipaldi EF7 Vision Gran Turismo – Top Gear

@niche: REE Automotive introduces P7 fleet platform for mystery delivery company targeting 370-mile range001546

At CES 2022, REE Automotive announced the start of trials of its all-new EV platform specifically designed for commercial delivery vehicles and walk-in vans called the P7. According to REE, this new entirely flat platform was designed based on specifications from one of the world’s largest delivery companies. REE Automotive ($REE) is an e-mobility solutions company… Continue reading @niche: REE Automotive introduces P7 fleet platform for mystery delivery company targeting 370-mile range001546