SHANGHAI, China, May 24, 2021 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer and a leading manufacturer of premium smart electric vehicles in China, today announced that it has entered into manufacturing agreements with Jianghuai Automobile Group Co., Ltd., or JAC, and Jianglai Advanced Manufacturing Technology (Anhui) Co., Ltd., or… Continue reading NIO Announces Renewal of Joint Manufacturing Arrangements
Tag: Mobility
DENSO, Honeywell Ascend Into Urban Air Mobility With Expanded Alliance
DENSO and Honeywell are in advanced discussions with current and prospective customers and intend to deliver flight test configurations of the electric propulsion systems within the next year. This focus on electrified power sources will not only help the companies fulfill UAM’s promise of providing cleaner, safer, more efficient, quieter and freer-moving transportation in and… Continue reading DENSO, Honeywell Ascend Into Urban Air Mobility With Expanded Alliance
ATLIS Motor Vehicles Forms Strategic Partnership To Streamline Vehicle Ownership Experience
MESA, Ariz., May 24, 2021 /PRNewswire/ — Atlis Motor Vehicles (ATLIS), a start-up mobility technology company, announced today the signing of a Memorandum of Understanding (MOU) with WhipFlip to handle customer vehicle trade-ins as part of the ATLIS vehicle purchasing experience. ATLIS is developing a fully electric vehicle platform, proprietary battery cells and packs, and the… Continue reading ATLIS Motor Vehicles Forms Strategic Partnership To Streamline Vehicle Ownership Experience
Why India needs to revise its course curriculum to address EV skill demand
EV skilling programmes will also provide tailwinds for faster acceptance of EVs pan-India. Considering India’s 2030 SDGs (Sustainable Development Goals), EVs are essential for lowering carbon emissions. By Nikunj Sanghi Electric vehicles (EVs) have been making headlines for a few decades. But it is only in recent years that EVs have been attracting seminal interest,… Continue reading Why India needs to revise its course curriculum to address EV skill demand
Coventry University, L&T Tech to develop new solutions for automotive and manufacturing industry
Bangalore-headquartered L&T Technology Services (LTTS), a global leading pure-play engineering services company has signed a collaboration agreement with UK’s Coventry University to build and deliver new-generation engineering solutions for the automotive and manufacturing sectors. The partnership will see research undertaken in autonomous mobility solutions and vehicle dynamics with the aim of strengthening LTTS’ technology capabilities… Continue reading Coventry University, L&T Tech to develop new solutions for automotive and manufacturing industry
China Digest: TYK Medicines bags $62m; TAOS Data raises $47m led by Matrix Partners China …
TYK Medicines has garnered nearly 400 million yuan ($62 million) in a Series B+ round led by Sealand Innovation, while TAOS Data has secured $47 million in a Series B round led by Matrix Partners China. TYK Medicines bags nearly $62m Series B+ Chinese biopharmaceutical firm TYK Medicines has garnered nearly 400 million yuan ($62… Continue reading China Digest: TYK Medicines bags $62m; TAOS Data raises $47m led by Matrix Partners China …
Kredivo’s parent firm FinAccel builds 24% stake in Indonesia’s Bank Bisnis Internasional
FinAccel, the parent company of Indonesia’s digital credit platform Kredivo, has acquired a 24% stake in local bank PT Bank Bisnis Internasional Tbk, according to a stock exchange disclosure by the latter. FinAccel spent 551.31 billion rupiah ($38.4 million) to buy the stake in Bank Bisnis Internasional from its existing shareholders PT Sun Land Investasi… Continue reading Kredivo’s parent firm FinAccel builds 24% stake in Indonesia’s Bank Bisnis Internasional
Ford CEO Jim Farley Says US Needs to Regulate Automated Driving Systems – Gadgets 360
The CEO of America’s second-largest auto company is calling for the federal government to set standards for fully or partially automated vehicles to tighten the safety of electronic driving systems. In urging federal regulation, Ford CEO Jim Farley becomes the highest-profile auto executive to publicly recognise a need to more closely monitor the emerging technology,… Continue reading Ford CEO Jim Farley Says US Needs to Regulate Automated Driving Systems – Gadgets 360
Under the skin: This self-driving car ‘brain’ is as quick as yours
It has the uninspiring looks of a run-of-the-mill computer circuit board, but this chunk of electronics measuring just 24cm long, 14cm wide and 5cm tall is smarter than it looks. It can perform a sextillion computing operations per second (about the same as the human brain) and provide the intelligence for level two to level… Continue reading Under the skin: This self-driving car ‘brain’ is as quick as yours
Automakers to up fuel cell vehicle production
Visitors check out a hydrogen fuel cell bus at the 2021 Shanghai auto show, held from April 19-28. [Photo by Long Wei/For China Daily] Hydrogen seen as legitimate clean power source to complement hybrids, full electrics Carmakers in China and abroad are stepping up efforts to build hydrogen fuel cell vehicles, which are thought could… Continue reading Automakers to up fuel cell vehicle production