AUBURN HILLS, Mich. and DARMSTADT, Germany, Feb. 15, 2021 /PRNewswire/ — BorgWarner Inc. (NYSE: BWA) and AKASOL AG (ETR: ASL) today announced that they have signed a Business Combination Agreement (“BCA”) to position BorgWarner to significantly expand its commercial vehicle electrification capabilities. As part of the agreement, a wholly-owned subsidiary of BorgWarner will launch a… Continue reading BorgWarner Agrees to Acquire AKASOL AG, Seeking to Expand Electrification Portfolio
Tag: Mobility
German Handelsblatt: Suppliers: minus less dramatic than feared: ZF Friedrichshafen comes through the corona year 001300 lightly
ZF plant in Friedrichshafen The supplier benefited from the rapid recovery of the Chinese auto market in 2020. (Photo: dpa) Düsseldorf The corona crisis weighs on the results of ZF Friedrichshafen: According to the preliminary figures published by Germany’s third-largest auto supplier this Monday morning, sales have fallen by around eleven percent to 32.6 billion… Continue reading German Handelsblatt: Suppliers: minus less dramatic than feared: ZF Friedrichshafen comes through the corona year 001300 lightly
Hella eMobionics and Kinetic Electric Motor form strategic alliance for EV parts
L-R: Dr Naveen Gautam, Managing Director, Hella eMobionics and Manish Motwani, founder and CEO, Kinetic Electric Motor Company. With the electric vehicle (EV) market in India currently witnessing a spike in sales and new investment from OEMs, the segment is now seen to be moving into the fast lane. The increasing need for last-mile delivery… Continue reading Hella eMobionics and Kinetic Electric Motor form strategic alliance for EV parts
Analysis: Why the British bus industry is on the up
Wrightbus, the Northern Irish bus manufacturer owned by JCB heir Jo Bamford, has announced the creation of more than 40 new jobs as it ramps up production of the world’s first hydrogen-fuel-cell double-deckers. It has made the move in response to the government’s pledge to help fund 4000 new British-built zero-emissions buses over the next… Continue reading Analysis: Why the British bus industry is on the up
@Nissan: 2021/02/15 Nissan announces future plans for small vans in Europe Nissa…000223
2021/02/15 Next generation small van range to be built on Alliance platform All-electric and internal combustion engine versions to be made in France Will include LCV and passenger car options with various size combinations PARIS, France – Nissan today confirmed plans for its next generation of small vans for customers in Europe. Leveraging further the… Continue reading @Nissan: 2021/02/15 Nissan announces future plans for small vans in Europe Nissa…000223
World NM: Goldman Sachs is creating an auto-tech joint venture amid a SPAC boom for EV and lidar companies: Report000858
Goldman Sachs is forming an investment-banking joint venture that will specialise in automotive technology, Bloomberg reported on Friday. Auto technology has provided plenty of dealmaking and underwriting opportunities for Wall Street banks in recent years, as there have been a number of high-profile acquisitions and public listings involving electric-vehicle, autonomous-vehicle, and ride-hailing companies. Goldman has… Continue reading World NM: Goldman Sachs is creating an auto-tech joint venture amid a SPAC boom for EV and lidar companies: Report000858
Daimler recalls 1.29 million U.S. vehicles for software issue
By Reuters Staff 1 Min Read FILE PHOTO: Ola Kaellenius, chairman of Daimler AG attends the presentation of the new Mercedes-Benz S-Class at the Daimler production plant in Sindelfingen near Stuttgart, Germany, September 2, 2020. REUTERS/Ralph Orlowski (Reuters) – Daimler AG’s U.S. unit Mercedes-Benz USA said Saturday it is recalling 1.29 million vehicles sold since… Continue reading Daimler recalls 1.29 million U.S. vehicles for software issue
Japan gas-station operator Idemitsu enters electric vehicle race
TOKYO — Japanese oil company Idemitsu Kosan has partnered with race-car manufacturer Tajima Motor to enter the electric vehicle market as early as this year, aiming to deliver autos as low as 1 million yen ($9,500) as well as car sharing services. This marks the first time in Japan that a non-automaker has made the jump into electric vehicles… Continue reading Japan gas-station operator Idemitsu enters electric vehicle race
Waymo trucks in Texas
About David Fluhr I have been writing about autonomous & connected driving since 2011 and report on it on other sites such as the Smart Mobility Hub. I studied social sciences at the HU Berlin and have been a freelance journalist since 2012. Contact: mail@autonomes-fahren.de Go to source
Uber and Lyft are ‘proxies for the reopening’ as investors look to rideshare to predict the pandemic recovery (UBER, LYFT)
Investors are looking at Uber and Lyft as early signs of how the economic recovery may take shape. Analysts told Insider the companies’ fates are closely tied to post-pandemic travel and consumer trends. They said Uber and Lyft became much more nimble during the pandemic, but uncertainty remains. Visit the Business section of Insider for more… Continue reading Uber and Lyft are ‘proxies for the reopening’ as investors look to rideshare to predict the pandemic recovery (UBER, LYFT)