Stuttgart/Munich, May 3, 2022. Mercedes-Benz Mobility and BMW Group intend to sell their joint venture SHARE NOW to Stellantis. The three companies recently signed an agreement to this effect and agreed not to disclose the details of the transaction. It is also subject to the approval of the relevant antitrust authorities. The sale of the… Continue reading @BMW: BMW Group and Mercedes-Benz Mobility intend to sell their car-sharing joint venture SHARE NOW to Stellantis001938
Tag: Mobility
STOREDOT, THE EXTREME FAST CHARGING BATTERY PIONEER, PREPARES FOR FUTURE GROWTH WITH APPOINTMENT OF TAMIR BEN-MOSHE AS VP OPERATIONS
Tamir brings an abundance of experience from a broad spectrum of sectors and a passion for the fast-track development of sustainable solutions. He joins StoreDot having spent ten years working across numerous industries including pharmaceutical, digital technology, automotive, energy and aerospace. He will report directly to Dr Doron Myersdorf, StoreDot CEO and co-founder. Commenting on… Continue reading STOREDOT, THE EXTREME FAST CHARGING BATTERY PIONEER, PREPARES FOR FUTURE GROWTH WITH APPOINTMENT OF TAMIR BEN-MOSHE AS VP OPERATIONS
Stellantis’ $2.8 billion investment secures future for Brampton, Windsor plants
The maker of Chrysler, Dodge, Jeep and Ram vehicles on Monday said it will invest $2.8 billion (3.6 billion Canadian dollars) into its Canadian operations for its electric transition, preserving the futures of both Windsor and Brampton assembly plants and creating its first battery lab in North America. The amount is more than double the commitment Fiat… Continue reading Stellantis’ $2.8 billion investment secures future for Brampton, Windsor plants
@FCA: Stellantis Announces $3.6 Billion CAD Investment for Its Canadian Operations to Accelerate Electrification Plans, Secures Future of Windsor and Brampton Plants
May 2, 2022 , Windsor, Ontario – Stellantis today announced plans to invest $3.6 billion CAD ($2.8 billion USD) to secure the future of its Windsor and Brampton (Ontario) Assembly Plants and to expand its Automotive Research and Development Centre (ARDC) to accelerate the company’s move to a sustainable future. This announcement also supports the company’s… Continue reading @FCA: Stellantis Announces $3.6 Billion CAD Investment for Its Canadian Operations to Accelerate Electrification Plans, Secures Future of Windsor and Brampton Plants
Stellantis Announces $3.6 Billion CAD Investment for Its Canadian Operations to Accelerate Electrification Plans, Secures Future of Windsor and Brampton Plants
WINDSOR, Ontario, May 2, 2022 /PRNewswire/ — Announcement supports company’s long-term strategy to invest $45 billion CAD in electrification and software globally Represents transformation in Canadian operations to achieve electrified future Brings company’s total investment in Canada to $8.6 billion CAD, including recently announced Stellantis-LG Energy Solutions EV battery plant Windsor Assembly to add all-new,… Continue reading Stellantis Announces $3.6 Billion CAD Investment for Its Canadian Operations to Accelerate Electrification Plans, Secures Future of Windsor and Brampton Plants
GM: AI in memory for autonomous driving
With Untether AI, the manufacturer General Motors is developing an improved AI for sensor evaluation. The company Untether AI develops AI inference calculations that run in memory. You now want to work with the manufacturer for this General Motors work together. The project is supported by the Ontario government and aims to take the perception… Continue reading GM: AI in memory for autonomous driving
Magna Begins Production of First Mild Hybrid Transverse Transmission for BMW Group
Magna is the exclusive mild hybrid transmission supplier for all front-transverse applications on BMW Group platform Contract extends across multiple models starting with the new BMW 2 Active Tourer Mild hybrid transmission technology significantly reduces CO2 emissions of an internal combustion engine AURORA, Ontario, May 02, 2022 (GLOBE NEWSWIRE) — Magna continues its accelerated transformation… Continue reading Magna Begins Production of First Mild Hybrid Transverse Transmission for BMW Group
Innoviz Selected by One of the Largest Global Vehicle Groups to be its Direct LiDAR Supplier for Series Production Vehicles; Increases Forward-Looking Order Book by $4 Billion
“We are proud to deliver our outstanding InnovizTwo LiDAR and perception software as the direct supplier to support this new series production program,” said Innoviz CEO and Co-Founder Omer Keilaf. “Being selected by a large-scale multi-brand global vehicle maker is a significant catalyst for Innoviz and we expect this will affect the entire industry which… Continue reading Innoviz Selected by One of the Largest Global Vehicle Groups to be its Direct LiDAR Supplier for Series Production Vehicles; Increases Forward-Looking Order Book by $4 Billion
@Hyundai: Kia announces April 2022 global sales results
April global sales at 238,538 units, down 5.8% y/y Sales outside of Korea recorded 188,443 units, down 6.8% y/y Sales in Korea recorded 50,095 units, down 2.0% y/y Kia to continue creating sales momentum and enhancing profitability through new models, such as the Kia EV6 Kia Corporation recorded total global sales of 238,538 units in… Continue reading @Hyundai: Kia announces April 2022 global sales results
@Nio: NIO Inc. Provides April 2022 Delivery Update000384
May 1, 2022 NIO Inc. Provides April 2022 Delivery Update NIO delivered 5,074 vehicles in April 2022 NIO delivered 30,842 vehicles year-to-date in 2022, increasing by 13.5% year-over-year Cumulative deliveries of vehicles as of April 30, 2022 reached 197,912 SHANGHAI, China, May 01, 2022 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE: NIO;… Continue reading @Nio: NIO Inc. Provides April 2022 Delivery Update000384