Tag: Volvo

Self-Driving Coalition Announces New Board Members Embark and Aurora

WASHINGTON, June 2, 2021 /PRNewswire/ — The Self-Driving Coalition – dedicated to working with lawmakers, regulators and the public to realize the safety and societal benefits of autonomous vehicles (AVs) – announced today that Aurora and Embark have joined the Coalition’s Board of Directors. Both Embark and Aurora became members in 2020, and their addition… Continue reading Self-Driving Coalition Announces New Board Members Embark and Aurora

Volvo Penta acquires majority stake in marine battery systems pioneer ZEM AS

GOTHENBURG, Sweden, June 2, 2021 /PRNewswire/ — Volvo Penta has announced an exciting new acquisition of ZEM – a company with 12 years of market experience as a supplier of both marine battery systems and complete electric drivelines and a strong track record in Norway, the most mature marine e-mobility market in the world. “As a… Continue reading Volvo Penta acquires majority stake in marine battery systems pioneer ZEM AS

Dirac Raises USD$17.73M in Funding

Dirac, a Uppsala, Sweden-based sound company, raised $17.73m USD (150 MSEK) in funding. Backers in the new round, which valued the company at just under $142.2m USD (1.200 MSEK), included new investor TIN Fonder and current investor DIG Investment. The company intends to use the funds to accelerate global growth. Led by CEO Peter Friedrichsen,… Continue reading Dirac Raises USD$17.73M in Funding

AB Volvo’s Board of Directors proposes a distribution of the proceeds from the sale of UD Trucks

GÖTEBORG, Sweden, June 1, 2021 /PRNewswire/ — AB Volvo’s Board of Directors proposes that the proceeds from the sale of UD Trucks are to be distributed to the shareholders and will convene an Extraordinary General Meeting for a resolution on the proposal. The proposal entails a distribution of SEK 9.50 per share, corresponding to approximately… Continue reading AB Volvo’s Board of Directors proposes a distribution of the proceeds from the sale of UD Trucks

German Handelsblatt: Car manufacturer: dispute over: Daimler pays license fees for Nokia patents002152

Mercedes plant in Untertürkheim Munich Daimler and Nokia have settled their longstanding patent dispute. The Dax group pays Nokia license fees for the use of telecommunications technology in the car, as both companies announced on Tuesday. All legal disputes are off the table, including Daimler’s complaint to the European Commission. The companies did not comment… Continue reading German Handelsblatt: Car manufacturer: dispute over: Daimler pays license fees for Nokia patents002152

Daimler to pay Nokia patent fees, ending German legal spat

By Foo Yun Chee 3 Min Read BRUSSELS (Reuters) -Daimler has agreed to pay Nokia for using its patents, ending a row that highlighted a battle between tech and car companies over royalties for key technologies. Slideshow ( 2 images ) Nokia, which makes 1.4 billion euros ($1.7 billion) in licensing revenues every year, and… Continue reading Daimler to pay Nokia patent fees, ending German legal spat

Cleantechnica: Volkswagen Takes #1 And #2 Positions In European Electric Vehicle Market In April 000925

The European passenger plugin vehicle market continues to rise. There were more than 159,000 plugin vehicle registrations in April, and 616,000 in the year to date (YTD). That’s +136% year over year (YoY). The plugin vehicle share of the overall auto market in April was 15% (7.1% fully electric vehicles), keeping the 2021 plugin vehicle… Continue reading Cleantechnica: Volkswagen Takes #1 And #2 Positions In European Electric Vehicle Market In April 000925

Cheaper lidar sensors brighten the future of autonomous cars

TOKYO — Prices of one key type of the sensors used in autonomous cars are falling rapidly, raising hopes of accelerating progress in the development of self-driving technology. Velodyne Lidar, the leading manufacturer of lidar sensors, has developed a product with a price only one-hundredth of those up until now. This dramatic drop in price… Continue reading Cheaper lidar sensors brighten the future of autonomous cars

2021 BMW 3 Series: this is the diesel access version … with 122 hp and hybridization!

2021 BMW 3 Series: this is the diesel access version … with 122 hp and hybridization! The BMW 3 Series It is one of the most recognized sedans in the entire market. Undoubtedly, the Bavarian manufacturer has won over the public during all its generations, marking as a distinctive point its dynamic behavior, the quality… Continue reading 2021 BMW 3 Series: this is the diesel access version … with 122 hp and hybridization!