Luminar, a company that builds vision-based lidar and machine perception technologies for autonomous vehicles, is acquiring high-performance laser manufacturer Freedom Photonics on Monday. The all-stock transaction involves Luminar selling 3 million shares of its common stock, or about $42.3 million at today’s share price, per a regulatory filing. The buy is Luminar’s latest to vertically… Continue reading Luminar acquisition brings high-performance laser capabilities in-house
Tag: Mobility
Europa Wire: BASF and Zhejiang REEF Technology Co partner over improving the quality of recyclates and reducing the use of virgin plastic material000279
BASF and REEF Technology sign strategic cooperation agreement to improve the quality of plastic recyclate materialsThe new IrgaCycle™ solutions improve the processing and long-term stability of recycled plastics fractions strongly contaminated with paint, ink or adhesive residues, e.g. exterior automotive parts (bumpers). BASF to supply its new IrgaCycle™ additive solutions to REEF Technology Builds on extensive… Continue reading Europa Wire: BASF and Zhejiang REEF Technology Co partner over improving the quality of recyclates and reducing the use of virgin plastic material000279
Europa Wire: Volkswagen unveils the software generation 3.0 aimed at enhancing user experience and optimising charging capacity on its all-electric ID. models000277
Travel Assist with Swarm Data. Intelligent driver assistance systems as the “Travel Assist with Swarm Data” set new standards. Copyright: Volkswagen AG ID. Software 3.0 with latest driver assistance systems, greater charging capacity and voice control performance on premium level New “Travel Assist with Swarm Data”1 enables assisted lane changing New at Volkswagen: with “Park Assist… Continue reading Europa Wire: Volkswagen unveils the software generation 3.0 aimed at enhancing user experience and optimising charging capacity on its all-electric ID. models000277
GM to create new import business in China
General Motors Co. is forming a startup within the automaker that will import premium vehicles to China, the company confirmed Monday. “The new business is being built from the ground up and will enjoy a high level of autonomy,” GM spokesman David Barnas said in a statement. “We are inviting talent from across industries to join… Continue reading GM to create new import business in China
@VW Group: Volkswagen Group and Salzgitter AG sign Memorandum of Understanding on supply of low-CO2 steel from the end of 2025004772
The Volkswagen Group and Salzgitter AG have enjoyed a close partnership for over 60 years. Now both want to open the next chapter together in the decarbonisation of their processes and products. The companies are today announcing a Memorandum of Understanding under which Volkswagen will become one of the first customers for the low-CO2 steel… Continue reading @VW Group: Volkswagen Group and Salzgitter AG sign Memorandum of Understanding on supply of low-CO2 steel from the end of 2025004772
To our fellow San Franciscans
Our mission at Waymo is to make it safer and easier for people and things to get where they’re going. It’s in our name, which originated from the belief that there must be a better way forward in mobility. Here in San Francisco, we are privileged to share the road with everyone who makes up… Continue reading To our fellow San Franciscans
Ola Electric makes strategic investment in StoreDot, an Israeli company with extreme fast charging technology
BENGALURU, India, March 21, 2022 /PRNewswire/ — Ola Electric, India’s leading manufacturer of EVs, has invested in an Israeli battery technology company StoreDot, a pioneer in batteries with extreme fast charging (XFC) technology. The investment in StoreDot is the first of several global strategic investments planned by Ola Electric as it looks to ramp up… Continue reading Ola Electric makes strategic investment in StoreDot, an Israeli company with extreme fast charging technology
TuSimple Statement Regarding Exploratory Process for Asia-Pacific Businesses
SAN DIEGO, March 21, 2022 /PRNewswire/ — TuSimple (Nasdaq: TSP), a global autonomous driving technology company, announced today that its Board of Directors, with full support from its management team, intends to explore certain transactions at a subsidiary level for its Asia-Pacific-focused businesses. The Board believes that such a transaction can highlight value in the… Continue reading TuSimple Statement Regarding Exploratory Process for Asia-Pacific Businesses
Tenneco Named a 2021 Supplier of the Year by General Motors
LAKE FOREST, Ill., March 21, 2022 /PRNewswire/ — For the fifth consecutive year, Tenneco (NYSE: TEN) was recognized as a Supplier of the Year by General Motors. As the global automaker celebrated honorees last week at its 30th annual Supplier of the Year awards ceremony in Phoenix, Arizona, Tenneco’s Powertrain Business Group accepted the award… Continue reading Tenneco Named a 2021 Supplier of the Year by General Motors
@Daimler: Engineering desire: How Mercedes-Benz is shaping the future of luxury and efficiency
Insights into key innovations that will define software-driven cars Stuttgart/Los Angeles. Digital and sustainable innovations will be the number-one USP driving desire in the future of luxurious individual mobility. Customers are increasingly viewing luxury through the lens of values and benefits that extend beyond physical experiences. They are seeking priceless commodities such as time and… Continue reading @Daimler: Engineering desire: How Mercedes-Benz is shaping the future of luxury and efficiency