Tag: Contract Manufacturer
General Motors President Leaves Lyft’s Board, Picks Replacement
General Motors Co. President Dan Ammann is stepping down from the board of directors at Lyft Inc., the ride-hailing company said Wednesday. The announcement is the latest sign that GM and Lyft haven’t become the close allies that they once hoped to be. Maggie Wilderotter, a former telecommunications executive who sits on Hewlett Packard Enterprise… Continue reading General Motors President Leaves Lyft’s Board, Picks Replacement
Innoviz Technologies and HiRain Technologies Partner to Bring High-Performance LiDAR and Computer Vision Software to Chinese Auto Manufacturers
KFAR SABA, Israel and BEIJING, June 6, 2018 /PRNewswire/ — Innoviz Technologies, a leading provider of LiDAR sensing solutions, and HiRain Technologies, a leading Tier 1 solution provider for the automotive market in China, announced today a partnership to bring Innoviz’s groundbreaking LiDAR and computer vision technology to Chinese automakers through HiRain’s extensive sales channels… Continue reading Innoviz Technologies and HiRain Technologies Partner to Bring High-Performance LiDAR and Computer Vision Software to Chinese Auto Manufacturers
News Release – Magna to Produce the New Z4 for the BMW Group
Please click HERE for a PDF version of the release. BMW Z4 marks the fifth vehicle nameplate Magna is producing in Graz, Austria, for customers Production will start at the end of 2018 Magna’s unique capabilities make it an ideal mobility partner SAILAUF, Germany, June 05, 2018 (GLOBE NEWSWIRE) — Magna adds to its contract… Continue reading News Release – Magna to Produce the New Z4 for the BMW Group
Magna to Produce the new Z4 for the BMW Group
BMW Z4 marks the fifth vehicle nameplate Magna is producing in Graz, Austria, for customersProduction will start at the end of 2018Magna’s unique capabilities make it an ideal mobility partnerSAILAUF, Germany, June 05, 2018 (GLOBE NEWSWIRE) — Magna adds to its contract vehicle manufacturing line-up in Graz, Austria, with the addition of the new BMW… Continue reading Magna to Produce the new Z4 for the BMW Group
Hyundai Motor says reviews investing in contract manufacturing
SEOUL (Reuters) – Hyundai Motor (005380.KS) on Monday conducted due diligence on a contract car manufacturing plant site for possible investment, as the South Korean firm seeks ways to cut costs and conserve capital to develop new technologies such as electric vehicles. FILE PHOTO: The logo of Hyundai Motor is seen at its dealership in… Continue reading Hyundai Motor says reviews investing in contract manufacturing
Deripaska Plans Auto Stake Sale to Lift Sanctions
Russian billionaire Oleg Deripaska is discussing selling part of his automotive business to minority investors, including former Magna International Inc. chief Siegfried Wolf, as part of a plan to end sanctions on the company. Deripaska is in talks with Wolf, whom he has known for more than a decade, about selling a portion of his… Continue reading Deripaska Plans Auto Stake Sale to Lift Sanctions
Sono Sion solar electric car promises 18 miles of range from solar panels
Solar cells have gotten cheap enough to make solar cars practical. At least that’s the business model of one electric-car startup in Europe. Sono Motors plans to build a $25,000 electric car covered in solar cells that can provide up to 18 miles of range a day. The company plans to introduce it at the… Continue reading Sono Sion solar electric car promises 18 miles of range from solar panels
E-car startup Nio is preparing for US IPO: China’s Tesla rival: One is already heading for Wall Street
Nio: Since the beginning of May 2018, Nio’s first production vehicle ES8 in China is delivered to customers: An electric SUV with a range of 350 kilometers and a replacement battery system priced from $ 68,000. And he’ll soon get siblings: At the Shanghai Auto Show in April 2017, Nio introduced 11 model prototypes. Nio… Continue reading E-car startup Nio is preparing for US IPO: China’s Tesla rival: One is already heading for Wall Street
Apple, Spurned by Others, Signs Deal With Volkswagen for Driverless Cars
Two former Apple employees also recalled how their colleagues built a model of a sport-utility vehicle with four seats facing each other, which some employees tested by sitting inside, similar to a design Mercedes advertised in 2015. As recently as 2016, Apple planned to spend hundreds of millions of dollars to build research and development… Continue reading Apple, Spurned by Others, Signs Deal With Volkswagen for Driverless Cars