JV to assemble complete seats for Ford Production expected to start in the second quarter of 2023 More than 390 new jobs to be created AURORA, Ontario, Feb. 22, 2022 (GLOBE NEWSWIRE) — Today Magna announced it has entered into a joint venture (“JV”) with LAN Manufacturing, a minority-owned automotive supplier based in Michigan. The… Continue reading Magna Enters Joint Venture With LAN to Assemble Seats in Michigan
Tag: Mobility
To combat chip shortage, Bosch to invest $296M to produce semiconductors
Bosch is increasing its previously stated investment in semiconductor production in order to stay on top of the ongoing chip shortage. The company is adding an additional $296 million, on top of the $473 million Bosch already pledged to spend in 2022 last year, to new manufacturing facilities. Most of last year’s capital was earmarked… Continue reading To combat chip shortage, Bosch to invest $296M to produce semiconductors
Utilizing key point and pose estimation for the task of autonomous driving
Imagine: you’re driving a car and you see a person standing on the corner of a street. How do you know if they’re going to cross? Interpreting another road user’s intent and actions can be challenging and complex, even for human drivers. It is a driver’s job to gauge whether another road user wants you… Continue reading Utilizing key point and pose estimation for the task of autonomous driving
Autoliv publishes its Annual Report for 2021
STOCKHOLM, Feb. 22, 2022 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV and SSE: ALIV.sdb), the worldwide leader in automotive safety systems has today filed its 2021 Annual Report on Form 10-K with the Securities and Exchange Commission (SEC). The Form 10-K is available at the SEC Edgar website: www.sec.gov and on autoliv.com. Autoliv has also today… Continue reading Autoliv publishes its Annual Report for 2021
ATLIS MOTOR VEHICLES AND UNITED STATES MILITARY SUPPLIER SIGN AGREEMENT TO ELECTRIFY MILITARY VEHICLES
MESA, Ariz., Feb. 22, 2022 /PRNewswire/ — Atlis Motor Vehicles (ATLIS), a start-up mobility technology company, announced today the signing of a collaborative agreement with a U.S. Military supplier to jointly design and produce new technology to convert military vehicles such as gasoline or diesel-powered High Mobility Multipurpose Wheeled Vehicles (HMMWVs) into electric vehicles. Under… Continue reading ATLIS MOTOR VEHICLES AND UNITED STATES MILITARY SUPPLIER SIGN AGREEMENT TO ELECTRIFY MILITARY VEHICLES
Indonesian ride-hailing giant Gojek expands EV trial to boost adoption
Electrum, a joint venture between Indonesian major ride-hailing firm Gojek and energy company TBS Energi Utama, is set to expand Gojek’s electric vehicle (EV) commercial trial to facilitate EV adoption in the country. Electrum, in cooperation with state-owned energy company Pertamina and Taiwanese battery-swapping electric scooter maker Gogoro, will add “thousands” of EVs into Gojek’s… Continue reading Indonesian ride-hailing giant Gojek expands EV trial to boost adoption
Cummins to Acquire Meritor
COLUMBUS, Ind. & TROY, Mich.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) and Meritor, Inc. (NYSE: MTOR) today announced that they have entered into a definitive agreement under which Cummins will acquire Meritor, a global leader of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets. Under the terms of the agreement, Cummins… Continue reading Cummins to Acquire Meritor
07:00 ETDana Technology Featured on 2022 North American Truck and SUV of the YearDana Incorporated (NYSE: DAN) announced today that its innovative tec…
MAUMEE, Ohio, Feb. 21, 2022 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today that its innovative technologies are featured on the 2022 Ford Maverick™ and Ford® Bronco®, the North American Truck and SUV of the Year, respectively. “Dana has been working with Ford since it provided driveline technologies for the revolutionary Model T, and we… Continue reading 07:00 ETDana Technology Featured on 2022 North American Truck and SUV of the YearDana Incorporated (NYSE: DAN) announced today that its innovative tec…
Ford recruits CEO with Detroit roots to run Michigan Central Station, Corktown site
Joshua Sirefman, an urban planner who trained at the University of Michigan and began his career in Detroit, is returning to lead the evolution of Michigan Central Station as the new CEO of what is now a subsidiary of Ford Motor Co. Sirefman, 54, lives in New York City and plans to look for a home within walking… Continue reading Ford recruits CEO with Detroit roots to run Michigan Central Station, Corktown site
Ford’s CEO Is Exploring Ways to Separate Its EV Business to Unlock Tesla-Like Value
(Bloomberg) — Ford Motor Co. is looking at ways to separate its electric-vehicle operation from its century-old legacy business, hoping to earn the sort of investor respect enjoyed by Tesla Inc. and other pure-play EV makers. Most Read from Bloomberg Chief Executive Officer Jim Farley wants to wall off Ford’s electric operations from its internal… Continue reading Ford’s CEO Is Exploring Ways to Separate Its EV Business to Unlock Tesla-Like Value