Magna Illuminates the Future of Styling With Breakthrough Lighting

Integrated lighting technology for lightweight, recyclable thermoplastic liftgate that remains hidden until lit First-to-market design innovation gives “cool” factor for consumers Ready for production on mobility applications in 2023 AURORA, Ontario, June 02, 2022 (GLOBE NEWSWIRE) — Exterior lighting is increasingly becoming a central styling differentiator while helping to improve safety through greater visibility. Magna’s… Continue reading Magna Illuminates the Future of Styling With Breakthrough Lighting

@Ford: Ford Plans Major Economic Announcement Thursday

About Ford Motor Company Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with… Continue reading @Ford: Ford Plans Major Economic Announcement Thursday

HD Hyundai’s Avikus becomes the world’s first to make transoceanic voyage using its autonomous navigation technology

The PRISM COURAGE departed from the Freeport on the southern coast of the Gulf of Mexico on May 1, passed through the Panama Canal, and finally arrived at the Boryeong LNG Terminal in South Chungcheong Province in Korea after 33 days. The vessel sailed half of roughly 20,000 kilometers in total distance. HiNAS 2.0 creates… Continue reading HD Hyundai’s Avikus becomes the world’s first to make transoceanic voyage using its autonomous navigation technology

As Oil Prices Surge, a Vancouver Cleantech Startup Introduces New Electrical Technology to Reduce Inflation Effects in Marine, Automotive & Housing Industries

VANCOUVER, BC, June 2, 2022 /PRNewswire/ – It seems fitting that a tech start-up headquartered in a city that has seen the highest gas prices in North America this year, is introducing a new technology that allows consumers to optimize electricity usage for their cars, boats and homes right from their phones. As energy demands… Continue reading As Oil Prices Surge, a Vancouver Cleantech Startup Introduces New Electrical Technology to Reduce Inflation Effects in Marine, Automotive & Housing Industries

@Geely: Geespace Successfully Launches First Nine Satellites

Inaugural launch for an expected 240 satellite constellation, with first phase of 72 satellites expected to be completed by 2025. Geely Future Mobility Constellation to provide services for autonomous driving, logistics, drone navigation, mapping and other fields Sustainably developed satellites leave no debris after designed operating lifespan GeeSAT-1 is China’s first modular, high-resilience, high-performance, mass-produced… Continue reading @Geely: Geespace Successfully Launches First Nine Satellites

Global investor Abdul Latif Jameel to invest Rs 1700 crore in Greaves Electric Mobility

Front row: Mohammed Jameel (L), Chairman and CEO, Abdul Latif Jameel and Karan Thapar (R), Chairman, Greaves Cotton Limited. Abdul Latif Jameel, an independent, family-owned, diversified global investor and operator has announced its commitment to invest $220 million (Rs 1700 crores) in Greaves Electric Mobility. Abdul Latif Jameel will initially invest $150 million (Rs 1160… Continue reading Global investor Abdul Latif Jameel to invest Rs 1700 crore in Greaves Electric Mobility

@Hyundai: Kia announces May 2022 global sales results

May global sales at 234,554 units, down 4.9% y/y Sales in Korea recorded 45,663 units, down 4.7% y/y Sales outside of Korea recorded 188,891 units, down 5.0% y/y Kia to continue creating sales momentum and enhancing profitability through new models, such as the Kia EV6 Kia Corporation recorded total global sales of 234,554 units in… Continue reading @Hyundai: Kia announces May 2022 global sales results

GenCell and E.V. Motors Pure Energy Deploy First Autonomous Hybrid Off-Grid EV Charging Stations and Advance Partnership

In accordance with the agreement, the two companies are executing on their cooperation to develop an integration of GenCell’s alkaline fuel cells together with E.V. Motors Pure Energy’s electric vehicle charging technologies to enable autonomous off-grid hybrid electric vehicle charging stations that eliminate the need for fossil fuel generators. Following completion of the deployment of… Continue reading GenCell and E.V. Motors Pure Energy Deploy First Autonomous Hybrid Off-Grid EV Charging Stations and Advance Partnership

Cathay Capital hits $240m first close of Growth RMB Fund II, targets $448m …

Global investment firm Cathay Capital has secured the first close of its second RMB-denominated growth fund at over 1.6 billion yuan (almost $240 million), while it targets 3 billion yuan ($447.6 million) for the final closing, the firm announced on Thursday. Cathay Growth RMB Fund II is backed by cornerstone investors Valeo, a publicly-listed automotive… Continue reading Cathay Capital hits $240m first close of Growth RMB Fund II, targets $448m …