WIESELBURG, Austria, Sept. 1, 2021 /PRNewswire/ — ZKW has been manufacturing high-quality lighting systems for the NAFTA region in the Mexican city of Silao since 2016. Now, the lighting specialist is expanding the location by an additional 21,000 square meters. This step increases the production area to a total of 35,000 square meters. In addition, the… Continue reading ZKW Expands Silao Location in Mexico Once Again
Tag: Volvo
The Era of Digitalization in the Malaysia, Thailand, & Philippines Crawler Excavator Market – Arizton
CHICAGO, Sept. 1, 2021 /PRNewswire/ — The trend of government initiatives towards new technology and development in infrastructure is positively impacting the growth of the crawler excavator market. The adoption of crawler excavator is rising due to proper waste management across the globe. In the advent of COVID-19, the digitalization in industrial machinery is highly… Continue reading The Era of Digitalization in the Malaysia, Thailand, & Philippines Crawler Excavator Market – Arizton
Drought and fire fuel chip shortage, TSMC sees it extending into 2022
As the chip shortage continues to affect auto production, spike in demand for electronics may not be the only trigger for the shortage. Drought in Taiwan and fire at Japan’s Renesas Electronics earlier this year may have exacerbated the crisis. One of the world’s biggest semiconductor producers, Taiwan’s TSMC has said the shortages will extend into 2022 but… Continue reading Drought and fire fuel chip shortage, TSMC sees it extending into 2022
Volvo Group Venture Capital welcomes Foretellix, a pioneer in automated vehicle verification and validation
GÖTEBORG, Sweden, Sept. 1, 2021 /PRNewswire/ — Volvo Group Venture Capital AB has announced a new investment in a leading company in the field of measurable safety for driver assistance and autonomous vehicles. Foretellix Ltd was founded in 2018 by a team of verification and validation pioneers whose mission is to make automated driving systems… Continue reading Volvo Group Venture Capital welcomes Foretellix, a pioneer in automated vehicle verification and validation
Foretellix Closes $32M Series B Funding Round For Ensuring The Safe And Efficient Deployment Of Automated Driving Systems
TEL AVIV, Israel, Sept. 1, 2021 /PRNewswire/ — Foretellix, the leading platform provider automating the testing, verification and validation for automated driving systems (ADAS and AV), has secured $32 million in its latest series B funding round, bringing its total raised capital to over $50 million. The round was led by MoreTech Ventures, with participation from several… Continue reading Foretellix Closes $32M Series B Funding Round For Ensuring The Safe And Efficient Deployment Of Automated Driving Systems
Autos & TransportationMercedes-Benz teams up with SSAB to explore fossil fuel-free steel for cars6:41 AM UTC
The Mercedes-Benz logo is seen on a car in front of the Mercedes-Benz Museum in Stuttgart, Germany February 11, 2020. REUTERS/Andreas Gebert BENGALURU, Sept 1 (Reuters) – Swedish steelmaker SSAB (SSABa.ST) said on Wednesday it had partnered with Daimler’s (DAIGn.DE) Mercedes-Benz to introduce fossil fuel-free steel into vehicle production, with prototype parts for body shells… Continue reading Autos & TransportationMercedes-Benz teams up with SSAB to explore fossil fuel-free steel for cars6:41 AM UTC
BMW backs the restructuring of China JV partner’s parent Huachen
BMW said in a statement to Reuters that it also wanted to use Huachen’s existing car manufacturing capacity. Huachen is based in China’s northeastern city of Shenyang in Liaoning province. BEIJING: BMW said on Tuesday it wanted to support the restructuring of Huachen Group, parent of the German premium automaker’s Chinese joint venture partner Brilliance… Continue reading BMW backs the restructuring of China JV partner’s parent Huachen
Autos & TransportationScania stops European truck production this week over chip shortageAugust 30, 2021
A truck of Swedish company Scania is pictured in Hanover, Germany September 19, 2018. REUTERS/Fabian Bimmer STOCKHOLM, Aug 30 (Reuters) – Truckmaker Scania, part of Volkswagen AG’s (VOWG_p.DE) commercial vehicle arm Traton SE (8TRA.DE), will halt production at its European truck plants this week due to the shortage of semi-conductors, it said on Monday. A… Continue reading Autos & TransportationScania stops European truck production this week over chip shortageAugust 30, 2021
Over 139,000 Highly Automated Commercial Vehicles Expected to Ship Globally in 2026
Production-grade autonomous transport begins to scale NEW YORK, Aug. 31, 2021 /PRNewswire/ — As factory production begins for leading OEMs within the next three years, SAE Level 4 autonomy will move from modified heavy-duty trucks and pilots to a reality across multiple regions. According to ABI Research, a global tech market advisory firm, these vehicle… Continue reading Over 139,000 Highly Automated Commercial Vehicles Expected to Ship Globally in 2026
Stellantis extends output halts at several European car plants on chip shortage
Plants at Rennes and Sochaux in France as well as the Eisenach plant in Germany, which produce light commercial vehicles, suffered production halts last week. PARIS: Carmaker Stellantis is extending production halts at several plants in Europe due to a shortage in microchips, a spokesperson for Stellantis said on Monday. Carmakers, increasingly dependent on electronic… Continue reading Stellantis extends output halts at several European car plants on chip shortage