Record-Setting Aviator, Astronaut, Entrepreneur, Philanthropist Receives 2022 UP.Summit Inspiration Award

Jared Isaacman recognized for his collective work in helping humanity go UP BENTONVILLE, Ark. , June 10, 2022 /PRNewswire/ — UP.Partners is proud to announce Jared Isaacman as the recipient of the 2022 UP.Summit Inspiration Award. The award is presented by UP.Partners to an individual who has inspired others to think bigger and has created a… Continue reading Record-Setting Aviator, Astronaut, Entrepreneur, Philanthropist Receives 2022 UP.Summit Inspiration Award

@Groupe PSA: PR “Arena del Futuro” Demonstrates Capability of Dynamic Inductive Recharging Technology for Electric Vehicles003882

“Arena del Futuro” (“Arena of the Future”) circuit built by A35 Brebemi in collaboration with Stellantis and other partners field tests revolutionary dynamic induction electric charging for EVs Testing with Fiat New 500 shows that Dynamic Wireless Power Transfer (DWPT) simplifies the customer approach to electric mobility by removing range anxiety and supports decarbonization and… Continue reading @Groupe PSA: PR “Arena del Futuro” Demonstrates Capability of Dynamic Inductive Recharging Technology for Electric Vehicles003882

UN-ECE increases speed for autonomous driving to level 3

Autonomous driving at level 3 should soon be possible at 130 kilometers per hour. In Germany there is a model level 3 admitted: the S class from Mercedes Benz. This allows you to let the car take control on certain routes and focus on other things. However, you have to be able to take control… Continue reading UN-ECE increases speed for autonomous driving to level 3

Top Toyota Supplier Denso Mulls $3 Billion Chip Unit Spinoff

(Bloomberg) — Denso Corp., one of the world’s top automotive semiconductor manufacturers and a key supplier to Toyota Motor Corp., may consider spinning off its chip business, which generates around 420 billion yen ($3.1 billion) in sales, the company’s chief technology officer said Friday. Most Read from Bloomberg Well known as the world’s second-biggest auto-parts… Continue reading Top Toyota Supplier Denso Mulls $3 Billion Chip Unit Spinoff

Denso may consider spinning off chip business, Bloomberg says, citing executive

TOKYO (Reuters) – Denso Corp may consider spinning off its chip business, a top executive of the major Japanese maker of semiconductors used in automobiles and a main supplier to Toyota Motor Corp told Bloomberg News on Friday. “We need to think about whether the time will come when we sell semiconductors, alone, externally,” Bloomberg… Continue reading Denso may consider spinning off chip business, Bloomberg says, citing executive

Beware of These 2 Auto Equipment Suppliers Amid Industry Woes

The Zacks  Automotive – Original Equipment industry is in the doldrums as automakers are struggling to meet the mounting demand for vehicles amid microchip crunch. This is prompting them to temporarily suspend operations and slash production targets, thereby resulting in reduced demand and lost revenues for the automotive equipment providers. Evidently, the industry currently carries a Zacks… Continue reading Beware of These 2 Auto Equipment Suppliers Amid Industry Woes

Why Porsche is turning to startup builder UP.Labs to solve its biggest problems

John Kuolt hates the term “incubator” — at least when describing UP.Labs, a new venture that launched this week with inaugural partner Porsche. “It has a connotation that we aren’t,” the CEO and founder of UP.Labs told TechCrunch. So what is UP.Labs beyond the “building transformative companies” tagline on its website? Look closely and some… Continue reading Why Porsche is turning to startup builder UP.Labs to solve its biggest problems

German Handelsblatt: New mobility: This is how a small Greek island becomes the Volkswagen future laboratory004472

Sailing yachts and fishing boats bob in the picturesque harbor, around which whitewashed cube houses are grouped like rows in an amphitheater. A Venetian fortress towers over everything. An idyllic tranquility reigns on the Greek island of Astypalea. The 1300 locals are almost among themselves, only a few visitors stroll through the streets. The small… Continue reading German Handelsblatt: New mobility: This is how a small Greek island becomes the Volkswagen future laboratory004472

Investors are both eager and uneasy as China signals end of crackdown on tech sector

As Chinese authorities signal that a two-year crackdown on the domestic technology sector is over, global investors are relieved and yet loath to take the government at its word. Foreign investors have been returning to mainland markets since May as its stringent COVID-19 lockdowns ease and after pledges from China’s highest policymakers, including Vice Premier… Continue reading Investors are both eager and uneasy as China signals end of crackdown on tech sector