Magna to contract manufacture Fisker Ocean in EuropeFisker to leverage Magna’s EV architectureMagna portfolio scalable to meet future mobility needsAURORA, Ontario, Oct. 15, 2020 (GLOBE NEWSWIRE) — As part of Magna’s strategic direction to support traditional automakers as well as new entrants, the company announced today that it has signed agreements with Fisker Inc. that… Continue reading Magna to Cooperate With Fisker on Engineering and Manufacturing of the Fisker Ocean
Tag: Contract Manufacturer
Innoviz sees lower lidar costs accelerating autonomous car development
By Reuters Staff 2 Min Read FILE PHOTO: Omer Keilaf, CEO of Israeli firm, Innoviz Technologies, speaks during an interview with Reuters at the Smart Mobility Summit in Tel Aviv, Israel October 30, 2018. REUTERS/Nir Elias TEL AVIV (Reuters) – Israeli lidar maker Innoviz Technologies said price reductions for the laser-based sensors will be key… Continue reading Innoviz sees lower lidar costs accelerating autonomous car development
Innoviz Technologies stellt seine nächste Generation, InnovizTwo, vor, die die Industrie auf dem Weg zum autonomen Fahren beschleunigen und sichere Mobilität für alle ermöglichen wird
Obwohl die Automobilindustrie auf dem besten Weg in eine hochautomatisierte Zukunft ist, wird es bis dahin noch einige Jahre dauern. Heute sind selbst die fortschrittlichsten L2+1-Plattformen noch mit technischen Einschränkungen konfrontiert, die zu Sicherheitsproblemen führen, das Wachstum behindern und die langfristige Erreichung eines höheren Automatisierungsgrad unmöglich machen. Nur ausgewählte Automobilhersteller sind in der Lage, den… Continue reading Innoviz Technologies stellt seine nächste Generation, InnovizTwo, vor, die die Industrie auf dem Weg zum autonomen Fahren beschleunigen und sichere Mobilität für alle ermöglichen wird
Valmet Automotive sharpening its focus to e-Mobility
On Monday, Oct 12th, Valmet Automotive has reached an agreement to sell its Engineering Services Business Line to Mutares SE & Co. KGaA. The transaction is still subject to authority approvals and it is expected to close in November. The divestment decision has been motivated by Valmet Automotive’s strategy to sharpen its focus to e-Mobility and… Continue reading Valmet Automotive sharpening its focus to e-Mobility
Faraday Future plans to go public through a SPAC deal
Faraday Future, the electric vehicle startup with a messy and complicated past, is planning to go public through a special purchase acquisition company (SPAC) deal. The company’s chief executive Carsten Breitfeld told Reuters that the company is working on a reverse merger with a SPAC and “will be able to announce something hopefully quite soon.”… Continue reading Faraday Future plans to go public through a SPAC deal
EV startup Faraday Future in talks to go public through SPAC merger
By Ben Klayman 3 Min Read DETROIT (Reuters) – Electric vehicle startup Faraday Future aims to close a deal soon to go public through a reverse merger with a special-purchase acquisition company (SPAC), its chief executive said on Monday. Slideshow ( 2 images ) “We are working on such a deal … and will be… Continue reading EV startup Faraday Future in talks to go public through SPAC merger
Vietnam’s Vinfast launches 420hp Pininfarina-designed President SUV
VinFast, the first Vietnamese global car brand, has officially launched VinFast President, the limited edition SUV model. Designed by Pininfarina, only 500 units of the VinFast President are to be made, and exclusively for the Vietnamese market. The SUV is priced at 3.8 billion VND (~ 164K US$ / Rs 1.21 crore) for the first… Continue reading Vietnam’s Vinfast launches 420hp Pininfarina-designed President SUV
Valmet Automotive published the first Sustainability Report
Valmet Automotive has today (September 22, 2020) published the Group’s first sustainability report. As the company aims at a vanguard status of sustainable development in the automotive industry, the report presents comprehensively the main themes of sustainable development, strategic priorities and goals, as well as the highlights of 2019. The report will be published annually.… Continue reading Valmet Automotive published the first Sustainability Report
Ouster Lidar Raises $42M in Series B Funding
Ouster, a San Francisco, CA-based provider of high-resolution digital lidar sensors for autonomous transportation, robotics, industrial automation, and smart infrastructure, raised $42m in Series B funding. The backers were not disclosed. The company intends to use the funds for product development and fuel of worldwide sales. Led by Angus Pacala, CEO, and Mark Frichtl, CTO,… Continue reading Ouster Lidar Raises $42M in Series B Funding
Lidar startup Ouster raises $42M in push to grow sales, diversify products
Lidar startup Ouster has spent the past several years expanding and improving its line of sensors as it jostles for a piece of the crowded and competitive market place. Now, Ouster says it has raised $42 million, fresh capital that will be used to fund product development and ramp up sales. In short: Ouster is… Continue reading Lidar startup Ouster raises $42M in push to grow sales, diversify products