Hero MotoCorp plans assembly operations in the Philippines

Hero MotoCorp, the world’s largest motorised two-wheeler manufacturer, has announced plans to  commence operations in the Philippines in association with Terrafirma Motors Corporation (TMC), a part of the Columbian Group of Companies, which is among the leading automotive groups in the Philippines and also represents brands like BMW, Kia, Mazda, Range Rover, Peugeot and Mahindra.  As… Continue reading Hero MotoCorp plans assembly operations in the Philippines

Ford Fiesta axed from line-up

It has been confirmed that the Ford Fiesta supermini will be axed from Ford‘s line-up, with production of the brand’s compact hatchback scheduled to end in June 2023. In an official statement Ford of Europe President Martin Sander said: “At Ford in Europe, we are accelerating our efforts to go all-in on electrification with our… Continue reading Ford Fiesta axed from line-up

Magna’s 48-Volt Hybrid Transmission System Started Production With Stellantis

Magna’s 48-Volt hybrid dual-clutch transmission made its debut on the Jeep Renegade and Compass e-Hybrid, Fiat 500 X and Tipo Production taking place in Magna’s Slovakia facility Agreement includes additional hybrid models in the future for Europe AURORA, Ontario, Oct. 26, 2022 (GLOBE NEWSWIRE) — Magna’s 48-Volt hybrid transmission hit the market on the Jeep… Continue reading Magna’s 48-Volt Hybrid Transmission System Started Production With Stellantis

German Handelsblatt: Auto industry: Mercedes doubles profit and increases its forecast again005478

Krieg, Inflation, Zinswende: Über der gesamten europäischen Industrie hat sich ein „perfekter Sturm“ zusammengebraut, bekundete Mercedes-Chef Ola Källenius erst vor wenigen Tagen. Der Manager beobachtet eine nie da gewesene „Makronervosität“. Sein Unternehmen spürt davon im Tagesgeschäft jedoch bis dato nahezu nichts. Im Gegenteil: Der Stuttgarter Autobauer verdient trotz der vielen Krisen weiterhin prächtig.Im dritten Quartal… Continue reading German Handelsblatt: Auto industry: Mercedes doubles profit and increases its forecast again005478

Innoviz and Kudan Announce Partnership for LiDAR-Based Geospatial Mapping Solution Across Various Industries and Use-Cases

TEL AVIV, Israel and TOKYO, Oct. 26, 2022 /PRNewswire/ — Innoviz Technologies (Nasdaq: INVZ) (the “Company” or “Innoviz”), a technology leader of high-performance, automotive-grade LiDAR sensors and perception software, today announced its partnership with Kudan (Tokyo Stock Exchange securities code: 4425, hereafter “Kudan”). Kudan’s perception software allows machines to generate 3D maps of surrounding environments… Continue reading Innoviz and Kudan Announce Partnership for LiDAR-Based Geospatial Mapping Solution Across Various Industries and Use-Cases

Electrify Expo Launches ‘Show Off’ and ‘Speed Shop’ Highlighting EV Customization Culture

Hundreds of EV Enthusiasts to “Show Off” their Unique, Customized Electric Vehicles Experience a live two-day customization of an EV, from stock to customized Electrify Expo Austin at COTA, November 12 & 13 Nearly Sold Out AUSTIN, Texas, Oct. 26, 2022 /PRNewswire/ — Electrify Expo, North America’s largest electric-vehicle festival, closes out its 2022 U.S.… Continue reading Electrify Expo Launches ‘Show Off’ and ‘Speed Shop’ Highlighting EV Customization Culture

German Handelsblatt: Auto industry: Mercedes doubles profit and increases its forecast again005477

Krieg, Inflation, Zinswende: Über der gesamten europäischen Industrie hat sich ein „perfekter Sturm“ zusammengebraut, bekundete Mercedes-Chef Ola Källenius erst vor wenigen Tagen. Der Manager beobachtet eine nie dagewesene „Makronervosität“. Sein Unternehmen spürt davon im Tagesgeschäft jedoch bis dato nahezu nichts. Im Gegenteil: Der Stuttgarter Autobauer verdient trotz der vielen Krisen weiterhin prächtig.Im dritten Quartal konnte… Continue reading German Handelsblatt: Auto industry: Mercedes doubles profit and increases its forecast again005477

Next-generation GaN e-mobility technology; KYOCERA AVX Salzburg and VisIC Technologies expand their collaboration

NESS ZIONA, Israel and SALZBURG, Austria, Oct. 26, 2022 /PRNewswire/ — Combining KYOCERA AVX’s leadership in discrete and module packaging along with VisIC’s expertise in GaN power devices to offer cutting-edge products, including the highest efficiency power module for lead EV OEM and Tier 1 traction inverters. Continue Reading VisIC’s 2nd generation, lowest RDS (on)… Continue reading Next-generation GaN e-mobility technology; KYOCERA AVX Salzburg and VisIC Technologies expand their collaboration

Innoviz Sets Third Quarter 2022 Conference Call for Wednesday, November 9 at 9:00 a.m. ET

TEL AVIV, Israel, Oct. 26, 2022 /PRNewswire/ — Innoviz Technologies (NASDAQ: INVZ), a leading provider of high performance, solid-state LiDAR sensors and perception software, today announced that it will release its earnings results for the third quarter ended September 30, 2022 on Wednesday, November 9, 2022 before the market opens. Innoviz will host a conference call… Continue reading Innoviz Sets Third Quarter 2022 Conference Call for Wednesday, November 9 at 9:00 a.m. ET

Next-generation GaN e-mobility technology; KYOCERA AVX Salzburg and VisIC Technologies expand their collaboration

NESS ZIONA, Israel and SALZBURG, Austria, Oct. 26, 2022 /PRNewswire/ — Combining KYOCERA AVX’s leadership in discrete and module packaging along with VisIC’s expertise in GaN power devices to offer cutting-edge products, including the highest efficiency power module for lead EV OEM and Tier 1 traction inverters. Continue Reading VisIC’s 2nd generation, lowest RDS (on)… Continue reading Next-generation GaN e-mobility technology; KYOCERA AVX Salzburg and VisIC Technologies expand their collaboration