Earlier this week, Hyundai Motor Group disclosed a USD 5.54-billion plan to establish its first dedicated U.S. EV and battery manufacturing facilities in the State of Georgia to build a wide range of new and innovative full electric vehicles for its valued U.S. customers. The new facility, located on a dedicated 2,923-acre site in Bryan… Continue reading Hyundai Motor Group to Strengthen US Investment as the Group Targets Innovation and Mobility Leadership
Tag: Mobility
Would You Dare to Acquire Some Aptiv (APTV) Shares?
ClearBridge Investments, an investment management firm, published its “Sustainability Leaders Strategy” first quarter 2022 investor letter – a copy of which can be downloaded here. The ClearBridge Sustainability Leaders Strategy underperformed its Russell 3000 Index benchmark during the first quarter. On an absolute basis, the Strategy had gains in one of 10 sectors in which… Continue reading Would You Dare to Acquire Some Aptiv (APTV) Shares?
Autonomous driving: Federal Council demands alcohol limit for supervisory staff
The federal states have agreed in principle to the specifications for autonomous driving. But they still require numerous changes. (Autonomous driving, technology) Go to Source
Luminar’s Austin Russell: ‘We probably shouldn’t have existed’ but lidar will drive next-gen safety anyway
At TC Sessions: Mobility, Luminar founder and CEO Austin Russell admitted that his now successful company was founded in hubris, but that a skeptical eye during peak lidar hype helped them focus on real markets. “It’s no longer about some theoretical promise — you actually have to show real results, real deliveries, real technology and… Continue reading Luminar’s Austin Russell: ‘We probably shouldn’t have existed’ but lidar will drive next-gen safety anyway
From Cloud to Car: How NIO Develops Intelligent Vehicles on NVIDIA HGX
Building next-generation intelligent vehicles requires an AI infrastructure that pushes the cutting edge. Electric vehicle maker NIO is using NVIDIA HGX to build a comprehensive data center infrastructure for developing AI-powered, software-defined vehicles. With high-performance compute, the automaker can continuously iterate on sophisticated deep learning models, creating robust autonomous driving algorithms in a closed-loop environment.… Continue reading From Cloud to Car: How NIO Develops Intelligent Vehicles on NVIDIA HGX
German Handelsblatt: Automaker: New luxury strategy: Mercedes cancels three compact cars and increases target margin to 14 percent004354
Mercedes boss Ola Källenius with the S-Class Anyone who wants to buy a Mercedes in the future will have to pay significantly more for it. (Photo: Bloomberg) Throughout its 135-year history, Mercedes-Benz has always aimed high. But the brand often failed because of its ambitions: whether as an integrated technology group, as a global corporation… Continue reading German Handelsblatt: Automaker: New luxury strategy: Mercedes cancels three compact cars and increases target margin to 14 percent004354
Hyundai Motor Group to Establish First Dedicated EV Plant and Battery Manufacturing Facility in the U.S.
Hyundai Motor Group enters agreement with State of Georgia to build full electric vehicle and battery manufacturing facilities in Bryan County New facilities represent investment of approx. USD 5.54 billion Commercial production to begin 1H 2025 with annual capacity of 300,000 units HMG to produce wide range of innovative EV models at the new facility… Continue reading Hyundai Motor Group to Establish First Dedicated EV Plant and Battery Manufacturing Facility in the U.S.
Shell to deploy 200 ABB 360 kW chargers in Germany
ABB E-mobility and Shell have announced plans to deploy over 200 of ABB’s Terra 360 DC fast chargers across Germany in the next 12 months. Shell says its Recharge network of Terra 360 chargers will be powered by 100 percent renewable electricity. The Terra 360 is available in different configurations that can charge multiple vehicles… Continue reading Shell to deploy 200 ABB 360 kW chargers in Germany
Mercedes-AMG One: board must’ve been “drunk” to approve hypercar
The Mercedes-Benz board must have been “drunk” when they agreed to the delayed and troublesome Mercedes-AMG One, CEO Ola Källenius joked to investors yesterday. The company will reveal news about the Formula 1-engined hypercar “in a couple of weeks”, Källenius said, indicating that Mercedes is finally ready to reveal a car that has given it almost as… Continue reading Mercedes-AMG One: board must’ve been “drunk” to approve hypercar
Linamar Announces Creation of Linamar MedTech, a new group focused on Medical Devices and Precision Medical Components
GUELPH, ON, May 19, 2022 /CNW/ – Linamar Corporation (TSX: LNR) today announced the formation of Linamar MedTech, a new medical manufacturing group which will focus on leveraging its expert capabilities in precision manufacturing to pursue opportunities in the Medical Device and Precision Medical Component markets. Linamar Corporation logo (CNW Group/Linamar Corporation) Linamar MedTech will further… Continue reading Linamar Announces Creation of Linamar MedTech, a new group focused on Medical Devices and Precision Medical Components