LG to Acquire Israeli Vehicle Cybersecurity Risk Assessment Solution Provider Cybellum

September 23, 2021 LG to Acquire Israeli Vehicle Cybersecurity Risk Assessment Solution Provider Cybellum Open share list Share this content. Deal Helps LG Develop More Secure Auto Software, Enhance Growing Vehicle ComponentsBusiness and Allows Cybellum to Expand Security Solutions to Global Customers SEOUL, Sep. 23, 2021 — LG Electronics’ (LG) board of directors has approved… Continue reading LG to Acquire Israeli Vehicle Cybersecurity Risk Assessment Solution Provider Cybellum

TI Fluid Systems Welcomes new CEO And Additions To The Executive Committee

AUBURN HILLS, Mich., Sept. 21, 2021 /PRNewswire/ — TI Fluid Systems (TIFS), a leading global supplier of automotive fluid systems technology, has announced three executive level appointments as Hans Dieltjens assumes the role of President and Chief Executive Officer on 1 October 2021. Hans will succeed William L. Kozyra, who will retire on 1 October… Continue reading TI Fluid Systems Welcomes new CEO And Additions To The Executive Committee

Magna And Veoneer Announce Expiration Of Hart-Scott-Rodino Waiting Period

Companies File for Regulatory Approvals in the European Union and China AURORA, Ontario, Sept. 20, 2021 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) and Veoneer, Inc. today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, or HSR Act, in connection with the previously announced acquisition… Continue reading Magna And Veoneer Announce Expiration Of Hart-Scott-Rodino Waiting Period

Volta Trucks raises €37 million to bring electric delivery trucks to the streets of London and Paris

Trucking tends to be associated with highways, but it’s not uncommon to find large delivery vehicles trundling down the tightly packed streets of the world’s most populated cities. According to EV startup Volta Trucks, that’s far from ideal: in London, large commercial vehicles cause around 26% of pedestrian fatalities and around 80% of cyclist fatalities,… Continue reading Volta Trucks raises €37 million to bring electric delivery trucks to the streets of London and Paris

Europa Wire: New joint venture by IVECO and Nikola in Ulm, Germany to start production of Nikola Tre electric heavy-duty trucks by end of 2021000148

New joint venture by IVECO and Nikola in Ulm, Germany to start production of Nikola Tre electric heavy-duty trucks by end of 2021 The partnership between the global commercial vehicles manufacturer and the US-based group specializing in zero-emission Class 8 heavy-duty trucks and related energy solutions is about to begin its manufacturing journey in Ulm,… Continue reading Europa Wire: New joint venture by IVECO and Nikola in Ulm, Germany to start production of Nikola Tre electric heavy-duty trucks by end of 2021000148

@niche: Lightyear reaches $110 million (€93 million) funding milestone in 2021 YTD These funds are used for the further development and production of Lightyea…001240

Strategic investments were made by insurer DELA and investor Joop van Caldenborgh Additional funding solidifies resources for continued development and production of long-range solar car Helmond, the Netherlands, September 16, 2021 – Lightyear, the high-tech company developing the world’s first long-range solar car, is proud to announce that it has raised $110 million (€93 million)… Continue reading @niche: Lightyear reaches $110 million (€93 million) funding milestone in 2021 YTD These funds are used for the further development and production of Lightyea…001240

IVECO and Nikola sign MoU with Hamburg Port Authority for Zero-Emission Class 8 Battery-Electric Trucks

The first phase involves testing of the Nikola Tre BEVs at the port for transport and logistics operations together with high-performance charging solutions. A more definitive second phase in the project partnership plans to see the full integration of the BEV vehicles in port operations, installation of charging infrastructure and on-site service support including major… Continue reading IVECO and Nikola sign MoU with Hamburg Port Authority for Zero-Emission Class 8 Battery-Electric Trucks

Veoneer sticks with Magna offer after Qualcomm’s revised bid, shares drop

STOCKHOLM, Sept 14 (Reuters) – Shares in Veoneer Inc edged down on Tuesday after the auto tech firm stuck to its recommendation for Magna International’s bid after receiving an updated, non-binding offer from Qualcomm . The Swedish company has become an attractive takeover target as its expertise in making advanced driver assistance systems fits in… Continue reading Veoneer sticks with Magna offer after Qualcomm’s revised bid, shares drop

Qualcomm Said to Place Binding Bid for Auto Tech Firm Veoneer

(Bloomberg) — Qualcomm Inc. has made a formal bid to buy automotive technology company Veoneer Inc. for more than $4 billion, beating a previous offer from Magna International Inc., according to people familiar with the matter. The U.S. semiconductor company has formalized its offer of $37 a share, the people said, asking not to be… Continue reading Qualcomm Said to Place Binding Bid for Auto Tech Firm Veoneer

Italvolt signs one million square meters land purchasing agreement

Italvolt’s gigafactory, which once fully operational, is destined to become one of Europe’s largest production and storage sites of lithium batteries for electric vehicles, with a planned capacity of 45 GWh. This represents one of the most important and largest industrial investment projects in Italy in modern times, involving an overall investment of around 3.4 billion… Continue reading Italvolt signs one million square meters land purchasing agreement