@BMW: “Cobalt for Development” project started trainings for mining cooperatives in Kolwezi, Democratic Republic of Congo000696

Kolwezi, Democratic Republic of Congo – The cross-industry initiative “Cobalt for Development” has started trainings for twelve artisanal mining cooperatives in October in Kolwezi, Democratic Republic of Congo (DR Congo). The trainings cover major environmental, social and governance aspects for responsible mining practices. This includes mine site management and legal compliance, human rights, health and… Continue reading @BMW: “Cobalt for Development” project started trainings for mining cooperatives in Kolwezi, Democratic Republic of Congo000696

Volvo Group and Isuzu Motors sign final agreements to form strategic alliance

GÖTEBORG, Sweden, Oct. 30, 2020 /PRNewswire/ — The Volvo Group and Isuzu Motors today signed binding agreements to form a strategic alliance within commercial vehicles in order to capture the opportunities in the ongoing industry transformation, in accordance with the Memorandum of Understanding signed in December 2019. The agreements include Isuzu Motor’s acquisition of UD… Continue reading Volvo Group and Isuzu Motors sign final agreements to form strategic alliance

@Hyundai: In-Car Biometric Technology For Human Interaction

Smartphones have brought many changes to everyday life; they have completely changed the way we communicate, consume, and presumably most importantly, the way we set the passcode. We no longer use numbers, alphabets, or symbols – we now use our body as a password. Biometric technology, which started with a fingerprint recognition system for unlocking… Continue reading @Hyundai: In-Car Biometric Technology For Human Interaction

Tesla has increased the price of its ‘Full Self-Driving’ option to $10,000

Tesla has made good on founder and CEO Elon Musk’s promise to boost the price of its “Full Self-Driving” (FSD) software upgrade option, increasing it to $10,000 following the start of the staged rollout of a beta version of the software update last week. This boosts the price of the package $2,000 from its price… Continue reading Tesla has increased the price of its ‘Full Self-Driving’ option to $10,000

Elmar Degenhart Decides to Resign Early From His Position as CEO for Personal Reasons

Executive Board contract to end early effective November 30, 2020 Decision at personal request “Immediately necessary, preventive health care” as the decisive reason Supervisory Board Chairman Professor Wolfgang Reitzle, acknowledges Degenhart’s “outstanding and exemplary performance and excellent track record” The Supervisory Board will be convened at short notice to decide on the nomination of a… Continue reading Elmar Degenhart Decides to Resign Early From His Position as CEO for Personal Reasons

@Ford: Ford Launches Safety Insights to Help Cities Reduce Car Accidents

Ford Launches Safety Insights to Help Cities Reduce Car Crashes By Brett Wheatley, Director, Mobility Businesses, Autonomous Vehicles LLC & Mobility Partnerships, Ford Motor Company Reducing traffic accidents is a huge priority for cities across the nation. Traffic accidents are the leading cause of death for Americans under the age of 54, according to the U.S. Centers… Continue reading @Ford: Ford Launches Safety Insights to Help Cities Reduce Car Accidents

@GM: General Motors to Upgrade Its Design Capability in China

General Motors to Upgrade Its Design Capability in China GM China Advanced Design Center in Shanghai will grow with evolving trends 2020-10-26 SHANGHAI – General Motors announced today that it will upgrade the GM China Advanced Design Center in Shanghai, more than doubling current studio space and milling capacity. It will adopt cutting-edge technology and… Continue reading @GM: General Motors to Upgrade Its Design Capability in China

Data Makes It Beta: Roborace Returns for Second Season with Updateable Self-Driving Vehicles Powered by NVIDIA DRIVE

Amid the COVID-19 pandemic, live sporting events are mostly being held without fans in the stands. At Roborace, they’re removing humans from the field as well, without sacrificing any of the action. Roborace is envisioning autonomous racing for the future. Teams compete using standardized cars powered by their own AI algorithms in a series of… Continue reading Data Makes It Beta: Roborace Returns for Second Season with Updateable Self-Driving Vehicles Powered by NVIDIA DRIVE

Visteon Announces Third-Quarter 2020 Results

Net sales of $747 million; 3% increase Y/Y excluding currencyNet income of $6 million or $0.21 per diluted shareAdjusted net income of $38 million or $1.36 per diluted share, excluding restructuring chargesAdjusted EBITDA of $87 million, 11.6% of sales$1.5 billion in new business wins and record 23 new product launches in Q3Repaid $400 million on… Continue reading Visteon Announces Third-Quarter 2020 Results

Aptiv Reports Third Quarter 2020 Financial Results

Strong Year-Over-Year Revenue Growth Solid Operating Performance Despite Challenging Environment DUBLIN , Oct. 29, 2020 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a global technology company focused on making mobility safer, greener and more connected, today reported third quarter 2020 U.S. GAAP earnings of $1.05 per diluted share. Excluding special items, third quarter earnings totaled $1.13… Continue reading Aptiv Reports Third Quarter 2020 Financial Results