WOODINVILLE, Wash., March 19, 2021 /PRNewswire/ — Group14 Technologies, a global provider of silicon-carbon composite materials for lithium-ion markets, announced the company’s international expansion with new offices in Yokohama, Japan and Seoul, South Korea. With the vast array of major consumer electronics and electric mobility players in APAC, the international expansion positions Group14 as a… Continue reading Group14 Technologies Accelerates Expansion to International Battery Markets with New Offices in Japan and Korea
Tag: Mobility
Betting on China’s driverless future, Toyota, Bosch, Daimler jump on board Momenta’s $500M round
Across the street from Suzhou North, a high-speed railway station in a historic city near Shanghai, a futuristic M-shaped building easily catches the eye of anyone passing by. It houses the headquarters of the five-year-old Chinese autonomous driving startup, Momenta. Like other major Chinese cities, Suzhou, which is famous for its serene canals and classical… Continue reading Betting on China’s driverless future, Toyota, Bosch, Daimler jump on board Momenta’s $500M round
Chinese self-driving startup Momenta raises $500m from SAIC, Toyota, others
Chinese autonomous driving startup Momenta said on Friday it has received $500 million from SAIC Motor, Toyota Motor and auto parts supplier Bosch, as the global auto industry pursues the autonomous future. Other investors in the funding round include Daimler AG, Temasek, Yunfeng Capital and Tencent, Momenta said in a statement. It did not disclose… Continue reading Chinese self-driving startup Momenta raises $500m from SAIC, Toyota, others
Human Horizons Smart Factory Setting Benchmark for Intelligent Vehicle Manufacturing
Assembly of the HiPhi X in the new smart factory will be supported by a number of sophisticated technological tools. Hundreds of Internet-of-Things (IoT) devices connected through 5G and organized by powerful Manufacturing Operating Management (MOM) cloud computing software, ‘Digital Twin’, will ensure the entire operation is managed efficiently and autonomously. For factory operators, the… Continue reading Human Horizons Smart Factory Setting Benchmark for Intelligent Vehicle Manufacturing
@Ford: Ford Global Semiconductor Update
About Ford Motor Company Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford trucks, utility vehicles, and cars – increasingly including electrified versions – and Lincoln luxury vehicles; provides financial services through Ford Motor Credit Company; and is pursuing… Continue reading @Ford: Ford Global Semiconductor Update
SMMT statement on changes to the plug-in car, van and truck grants
18 March 2021 #SMMT News Mike Hawes, SMMT Chief Executive, said, The decision to slash the Plug-in Car Grant and Van & Truck Grant is the wrong move at the wrong time. New battery electric technology is more expensive than conventional engines and incentives are essential in making these vehicles affordable to the customer. Cutting… Continue reading SMMT statement on changes to the plug-in car, van and truck grants
@VW Group: Audi defies the corona crisis with a robust performance in the 2020 financial year002657
Even in 2020, a challenging business year, Audi vigorously drove ahead its transformation into a provider of sustainable and networked premium mobility. As a result of the pandemic, deliveries and sales revenue fell significantly in the first half-year. Thanks to a strong second half, including an excellent fourth quarter, sales revenue reached a total of… Continue reading @VW Group: Audi defies the corona crisis with a robust performance in the 2020 financial year002657
@VW Group: Sound financial results at Audi Hungaria002654
Thanks to the high production volume, Audi Hungaria wrapped up a challeging 2020 with stable financial results. In spite of the pandemic restrictions, our colleagues were able to produce 1,661,599 engines and 155,157 vehicles. In 2020 the company’s turnover was €7.518 billion. Audi Hungaria continued to invest last year, thus the cumulative investment has amounted… Continue reading @VW Group: Sound financial results at Audi Hungaria002654
General Motors was ‘un-Australian’ and treated dealers with disrespect when Holden closed
A Senate committee has called on Australia’s competition watchdog to fast-track its investigation into General Motors’ decision to kill off the iconic Holden brand and its “disappointing” treatment of local car dealers. The committee report, released on Thursday evening, follows a year-long inquiry into the circumstances surrounding the February 2020 decision to end the Holden… Continue reading General Motors was ‘un-Australian’ and treated dealers with disrespect when Holden closed
Air taxi startup Volocopter eyes fresh capital, SPAC an option: CEO
By Nadine Schimroszik, Douglas Busvine 3 Min Read BERLIN (Reuters) – German air taxi startup Volocopter plans to raise fresh funds from investors, its Chief Executive Florian Reuter said on Thursday, adding that a deal to go public via a special purpose acquisition company (SPAC) was one option. FILE PHOTO: A Volocopter air taxi performs… Continue reading Air taxi startup Volocopter eyes fresh capital, SPAC an option: CEO