GM Returns To Europe With Mobility Unit

Having sold Saab in 2009 and then quit Europe altogether in 2017 when GM Europe sold its Opel and Vauxhall brands to the PSA Group (now Stellantis), GM Europe is nosing its way back to Europe. But this time the offer isn’t metal so much as mobility.  The brief is for a non-traditional start-up and… Continue reading GM Returns To Europe With Mobility Unit

Comet Raises $50M in Series B Funding

Comet, a NYC-based provider of the development platform for enterprise machine learning (ML) teams, raised $50m in Series B funding. The round was led by OpenView, with participation from existing investors Scale Venture Partners, Trilogy Equity Partners and Two Sigma Ventures. In addition, Ofer Bengal, Founder and CEO of Redis, and Dr. Oren Etzioni, CEO at… Continue reading Comet Raises $50M in Series B Funding

Sono Motors has gone public, aims to get Sion solar electric vehicle to market by 2023

The idea for Sono Motors, the company that wants to power every electric vehicle using solar power, started nine years ago in a Munich basement when two entrepreneurial 18-year-olds starting spitballing solutions to society’s dependence on fossil fuels. Jona Christians and Laurin Hahn, Sono Motors’ co-founders, weren’t that into cars, but they recognized how much… Continue reading Sono Motors has gone public, aims to get Sion solar electric vehicle to market by 2023

Ford and GM are getting into chip development to help deal with the shortage

A year into the computer chip shortage that’s heavily affecting vehicle production, Ford announced a collaboration with chipmaker GlobalFoundries Inc., as The Wall Street Journal first reported. Ford’s press release about the non-binding agreement is light on specifics but mentions plans “to advance semiconductor manufacturing and technology development within the United States.” Without committing to… Continue reading Ford and GM are getting into chip development to help deal with the shortage

Apple accelerates work on car project, aiming for fully autonomous vehicle

This content is only available to subscribers. $1 for 6 Months Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The e-Edition, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that interest you most. Exclusive… Continue reading Apple accelerates work on car project, aiming for fully autonomous vehicle

BorgWarner Awarded Grant to Launch e-Product in Cadillac, Michigan Plant

    CADILLAC, Mich., Nov. 18, 2021 /PRNewswire/ — BorgWarner Thermal Systems has been awarded a grant to grow its electric vehicle business and is set to launch a new high-voltage coolant heater (HVCH) at its existing facility in Cadillac, Michigan. The electrification project is expected to generate a total capital investment of $11.2 million and create… Continue reading BorgWarner Awarded Grant to Launch e-Product in Cadillac, Michigan Plant

Hyundai Debuts All-Electric SUV Concept at LA Auto Show

Hyundai Motor Company presents its all-electric SUV concept SEVEN at AutoMobility LA. Photo: Louis Prejean Hyundai Motor Company debuted its all-electric SUV concept, SEVEN, at AutoMobility LA in the Los Angeles Convention Center on Nov. 17.  The SUV concept was showcased on stage in front of a video presentation featuring José Muñoz, president and CEO… Continue reading Hyundai Debuts All-Electric SUV Concept at LA Auto Show

@Daimler: Milestones in the transformation toward a sustainable future: Mercedes-Benz to manufacture axial-flux electric motors

The Mercedes-Benz site in Berlin will expand its electric product portfolio to include the assembly of YASA high-performance electric motors The “Mercedes-Benz Digital Factory Campus” – competence centre for digitalisation in the global Mercedes-Benz production network – to start operations next year The MO360 training and qualification centre establishes innovative new training concepts Far-reaching digital… Continue reading @Daimler: Milestones in the transformation toward a sustainable future: Mercedes-Benz to manufacture axial-flux electric motors

Veoneer sets ambitious climate targets for a sustainable future

STOCKHOLM, Nov. 18, 2021 /PRNewswire/ — Besides its overall goal to support halving the number of global deaths and injuries from road traffic accidents, the automotive technology company Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), announces ambitious carbon emission targets for a more sustainable future. Veoneer’s portfolio of technologies supports the Sustainable Development Goal… Continue reading Veoneer sets ambitious climate targets for a sustainable future

Voyager Global Mobility Acquires Fast Track Mobility

Both VGM and Fast Track provide vehicles to Uber and Lyft drivers.  Voyager Global Mobility announced its acquisition of Fast Track Mobility on Nov. 8, increasing the company’s for-hire-vehicle operational footprint in New York City. The transaction was arranged by EA Markets with preferred equity from Prudential Private Capital, the private capital arm of PGIM Inc.,… Continue reading Voyager Global Mobility Acquires Fast Track Mobility