At TC Sessions: Mobility, Luminar founder and CEO Austin Russell admitted that his now successful company was founded in hubris, but that a skeptical eye during peak lidar hype helped them focus on real markets. “It’s no longer about some theoretical promise — you actually have to show real results, real deliveries, real technology and… Continue reading Luminar’s Austin Russell: ‘We probably shouldn’t have existed’ but lidar will drive next-gen safety anyway
Tag: Mobility
From Cloud to Car: How NIO Develops Intelligent Vehicles on NVIDIA HGX
Building next-generation intelligent vehicles requires an AI infrastructure that pushes the cutting edge. Electric vehicle maker NIO is using NVIDIA HGX to build a comprehensive data center infrastructure for developing AI-powered, software-defined vehicles. With high-performance compute, the automaker can continuously iterate on sophisticated deep learning models, creating robust autonomous driving algorithms in a closed-loop environment.… Continue reading From Cloud to Car: How NIO Develops Intelligent Vehicles on NVIDIA HGX
German Handelsblatt: Automaker: New luxury strategy: Mercedes cancels three compact cars and increases target margin to 14 percent004354
Mercedes boss Ola Källenius with the S-Class Anyone who wants to buy a Mercedes in the future will have to pay significantly more for it. (Photo: Bloomberg) Throughout its 135-year history, Mercedes-Benz has always aimed high. But the brand often failed because of its ambitions: whether as an integrated technology group, as a global corporation… Continue reading German Handelsblatt: Automaker: New luxury strategy: Mercedes cancels three compact cars and increases target margin to 14 percent004354
Hyundai Motor Group to Establish First Dedicated EV Plant and Battery Manufacturing Facility in the U.S.
Hyundai Motor Group enters agreement with State of Georgia to build full electric vehicle and battery manufacturing facilities in Bryan County New facilities represent investment of approx. USD 5.54 billion Commercial production to begin 1H 2025 with annual capacity of 300,000 units HMG to produce wide range of innovative EV models at the new facility… Continue reading Hyundai Motor Group to Establish First Dedicated EV Plant and Battery Manufacturing Facility in the U.S.
Shell to deploy 200 ABB 360 kW chargers in Germany
ABB E-mobility and Shell have announced plans to deploy over 200 of ABB’s Terra 360 DC fast chargers across Germany in the next 12 months. Shell says its Recharge network of Terra 360 chargers will be powered by 100 percent renewable electricity. The Terra 360 is available in different configurations that can charge multiple vehicles… Continue reading Shell to deploy 200 ABB 360 kW chargers in Germany
Mercedes-AMG One: board must’ve been “drunk” to approve hypercar
The Mercedes-Benz board must have been “drunk” when they agreed to the delayed and troublesome Mercedes-AMG One, CEO Ola Källenius joked to investors yesterday. The company will reveal news about the Formula 1-engined hypercar “in a couple of weeks”, Källenius said, indicating that Mercedes is finally ready to reveal a car that has given it almost as… Continue reading Mercedes-AMG One: board must’ve been “drunk” to approve hypercar
Linamar Announces Creation of Linamar MedTech, a new group focused on Medical Devices and Precision Medical Components
GUELPH, ON, May 19, 2022 /CNW/ – Linamar Corporation (TSX: LNR) today announced the formation of Linamar MedTech, a new medical manufacturing group which will focus on leveraging its expert capabilities in precision manufacturing to pursue opportunities in the Medical Device and Precision Medical Component markets. Linamar Corporation logo (CNW Group/Linamar Corporation) Linamar MedTech will further… Continue reading Linamar Announces Creation of Linamar MedTech, a new group focused on Medical Devices and Precision Medical Components
Hit the Buy Button on These 3 Oversold Stocks, Say Analysts
Rising interest rates, supply chain constraints and Russia’s invasion of Ukraine are all issues currently plaguing the macro climate. The problem with all three, says Tony Dwyer, Canaccord Chief Market Strategist, is that for each problem there’s “no easy exit strategy.” The tough conditions are likely to persist, then. However, on the plus side, while… Continue reading Hit the Buy Button on These 3 Oversold Stocks, Say Analysts
German Handelsblatt: Automaker: New luxury strategy: Mercedes cancels three compact cars and increases target margin to 14 percent004352
Mercedes boss Ola Källenius with the S-Class Anyone who wants to buy a Mercedes in the future will have to pay significantly more for it. (Photo: Bloomberg) Throughout its 135-year history, Mercedes-Benz has always aimed high. But the brand often failed because of its ambitions: whether as an integrated technology group, as a global corporation… Continue reading German Handelsblatt: Automaker: New luxury strategy: Mercedes cancels three compact cars and increases target margin to 14 percent004352
@Nio: NIO Inc. Successfully Listed on the Main Board of the Singapore Exchange000396
May 20, 2022 NIO Inc. Successfully Listed on the Main Board of the Singapore Exchange SHANGHAI, China, May 20, 2022 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it has successfully listed,… Continue reading @Nio: NIO Inc. Successfully Listed on the Main Board of the Singapore Exchange000396