@Toyota: Toyota Research Institute Commits $36 million in Funding Over the Next Four Years for Accelerated Materials Design and Discovery with University Partners

Leading Research Organization’s Second Wave of Investment Aims to Accelerate the Development of New Materials for Emissions Free and Carbon Neutral Vehicles    LOS ALTOS, Calif. (May 18, 2021) – Toyota Research Institute (TRI) announced today that it is committing another $36 million to its Accelerated Materials Design and Discovery (AMDD) collaborative university research program over… Continue reading @Toyota: Toyota Research Institute Commits $36 million in Funding Over the Next Four Years for Accelerated Materials Design and Discovery with University Partners

Tata Motors’ Q4FY2021 revenue up 42 percent, in-line with estimates

Tata Motors’ India operations continued its strong sequential recovery in the last quarter of FY2021 and Jaguar Land Rover’s business too reflected retail recovery in China and North America in Q4. The consolidated net revenue for Q4 came in at Rs 88,628 crore, up 41.8 percent from the revenue of ₹75,654 crore in the year-ago period. The… Continue reading Tata Motors’ Q4FY2021 revenue up 42 percent, in-line with estimates

@Groupe PSA: PR Stellantis, Foxconn to Develop Breakthrough Digital Cockpits and Personalized Connected Services with Mobile Drive Joint Venture001763

Mobile Drive, with investments from both Foxconn and Stellantis, will accelerate go-to-market timelines for the most advanced in-car and connected-car technologies in the industry Mobile Drive brings together expertise in consumer innovations from the sustainable mobility and advanced electronics industries Joint venture will competitively bid for global vehicle program contracts with Stellantis and other auto… Continue reading @Groupe PSA: PR Stellantis, Foxconn to Develop Breakthrough Digital Cockpits and Personalized Connected Services with Mobile Drive Joint Venture001763

Israel’s ElectReon, Stellantis and Iveco to demonstrate potential of wireless EV charging in Italy

Israel-based ElectReon, a leading provider of inductive in-road charging technology for commercial and passenger electric vehicles (parked, slow-moving or driving at speeds) has announced that it will join ‘Arena of the Future’ project in Brescia, Italy where the company will integrate its wireless technology to charge two Stellantis vehicles, and an Iveco bus while driving.… Continue reading Israel’s ElectReon, Stellantis and Iveco to demonstrate potential of wireless EV charging in Italy

The startup born from Google’s self-driving-car project plans to automate semis. Meet the leaders behind it.

Waymo Via is the trucking arm of Waymo, the Alphabet self-driving startup. Insider spoke with three of Waymo Via’s leaders about the company. Trucking is an $800 billion business in the US, so the opportunity to automate it is huge. See more stories on Insider’s business page. Waymo, formerly known as the Google self-driving-car project,… Continue reading The startup born from Google’s self-driving-car project plans to automate semis. Meet the leaders behind it.

@Daimler: Boardroom change at Daimler Mobility AG

Planned division of Daimler Mobility into two independent financial services companies leads to changes on the Board of Management CFO Stephan Unger to take on the leadership of the new company-owned financial services unit of Daimler Truck AG with effect from 1 July 2021 Supervisory Board appoints Gerrit-Michael Duelks as the new Chief Financial Officer… Continue reading @Daimler: Boardroom change at Daimler Mobility AG

World NM: Didi Partners With GAC Aion to Build Smart Electric Cars001233

Chinese ride-hailing giant Didi Chuxing is making another push into the white-hot electric-car making business through a tie-up with Guangzhou Automobile Group’s electric vehicle unit GAC Aion. In November, Didi and BYD launched the D1 as the world’s first fully electric vehicle designed for ride-hailing produced at volume. A lengthy list of Chinese technology heavyweights… Continue reading World NM: Didi Partners With GAC Aion to Build Smart Electric Cars001233

@FCA: Stellantis, Foxconn to Develop Breakthrough Digital Cockpits and Personalized Connected Services with Mobile Drive Joint Venture

Stellantis, Foxconn to Develop Breakthrough Digital Cockpits and Personalized Connected Services with Mobile Drive Joint Venture Mobile Drive, with investments from both Foxconn and Stellantis, will accelerate go-to-market timelines for the most advanced in-car and connected-car technologies in the industry Mobile Drive brings together expertise in consumer innovations from the sustainable mobility and advanced electronics… Continue reading @FCA: Stellantis, Foxconn to Develop Breakthrough Digital Cockpits and Personalized Connected Services with Mobile Drive Joint Venture

For Greaves Cotton, continuity planning is key during Covid

Greaves Cotton is gearing up for new challenges in the first quarter of this financil year thanks to the Covid resurgence and impact on the supply chain.  Nagesh Basavanhalli, Group CEO & MD, told Autocar Professional that business continuity planning had become critical in this highly unpredictable environment. “We are hoping for things to become normal soon… Continue reading For Greaves Cotton, continuity planning is key during Covid

@niche: Xos, Inc. Announces Filing of Registration Statement on Form S-4 from NextGen Acquisition Corporation000896

LOS ANGELES and BOCA RATON, Fla., May 17, 2021 (GLOBE NEWSWIRE) — Xos, Inc. (“Xos”), a leading manufacturer of fully electric commercial vehicles, announced today that a registration statement on Form S-4 (the “Registration Statement”), which includes a preliminary proxy statement/prospectus, has been filed with the U.S. Securities and Exchange Commission (“SEC”) by NextGen Acquisition… Continue reading @niche: Xos, Inc. Announces Filing of Registration Statement on Form S-4 from NextGen Acquisition Corporation000896