Ford Motor Co. beefs up tech strength with director known for global dominance

Ford Motor Co. has added to its board of directors John May, CEO of Deere & Co., and analysts say that move illustrates the automaker’s commitment to new technology in the cutthroat race toward electric and autonomous vehicle dominance.  The fact that Deere just resolved a six-week UAW strike, its first in 35 years, is “icing on the cake,” said industry… Continue reading Ford Motor Co. beefs up tech strength with director known for global dominance

Voyant raises $15M to scale production of its tiny, inexpensive lidar tech

The future of lidar is uncertain unless, as Voyant hopes to do, its price and size are reduced to fractions of their current values. As long as lidars are sandwich-sized devices that cost thousands, they won’t be ubiquitous — so Voyant has raised some cash to bring its smaller, cheaper, more easily manufactured, yet still… Continue reading Voyant raises $15M to scale production of its tiny, inexpensive lidar tech

LAZ Parking Announces a Long-Term Investment from Argo Infrastructure Partners

Argo is a leading infrastructure investor based in New York with a long-term investment horizon, targeting higher quality infrastructure assets and businesses. This new partnership will strengthen LAZ’s existing capabilities, contribute and sustain its strong relationships with employees and customers, and support further investment in EV charging infrastructure assets across the U.S. “We are honored… Continue reading LAZ Parking Announces a Long-Term Investment from Argo Infrastructure Partners

Innovation Inspiration: 5 Startup Stories From NVIDIA Inception in 2021

NVIDIA Inception is one of the largest startup ecosystems in the world — and its thousands of members achieved impressive feats in 2021, bringing AI and data science to an array of industries. NVIDIA Inception nurtures cutting-edge AI, data science and HPC startups with go-to-market support, expertise and technology. This year, the program surpassed 9,000… Continue reading Innovation Inspiration: 5 Startup Stories From NVIDIA Inception in 2021

World NM: America’s Waymo partners with China’s Geely to produce electric robotaxis001697

US-based autonomous driving technology development company Waymo has joined up with Chinese multinational automotive company Geely to develop electric robotaxis, CNN reported. The self-driving unit of Google’s parent company Alphabet claims that the partnership is in line with its objective of “expanding access to sustainable transportation,” according to CNN. China’s Geely will design and produce the… Continue reading World NM: America’s Waymo partners with China’s Geely to produce electric robotaxis001697

Foreign carmakers interested in Ford plant in India – state minister

A visitor is reflected as he takes pictures of a Ford Aspire car during its launch in New Delhi, India, October 4, 2018. Picture taken October 4, 2018. REUTERS/Anushree Fadnavis Register now for FREE unlimited access to Reuters.com Register CHENNAI, Dec 30 (Reuters) – Foreign automakers have indicated an interest to the government of India’s… Continue reading Foreign carmakers interested in Ford plant in India – state minister

BMW (BAMXF) to Fuel EV Production Via 6,000 Fresh Positions

BMW AG BAMXF recently confirmed plans to create up to 6,000 new jobs next year to cater to the raging demand for electric vehicles (EVs).The automaker, which currently employs about 120,000 people, is ending its phase of job cuts after trimming about 6,000 jobs since 2020. The new positions will be created primarily in Germany.… Continue reading BMW (BAMXF) to Fuel EV Production Via 6,000 Fresh Positions

Turkey’s Togg to reveal new mobility solution at CES

Togg, Turkey’s first home-grown automotive brand, is to debut a high-concept, forward-thinking mobility solution at CES 2022 that brings together advanced electric, autonomous and connected technologies within one design sphere. Togg says it “will use CES 2022 to not only showcase its forward-thinking technologies and concepts but also announce its arrival on the world stage… Continue reading Turkey’s Togg to reveal new mobility solution at CES

Omega Seiki to set up CoE and R&D centre for EVs

Omega Seiki Mobility (OSM) and Indira Gandhi Delhi Technical University for Women (IGDTUW), a leading premier educational institution have signed a Memorandum of Understanding primarily aimed for developing and setting up a state-of-art testing lab; equipment and electric vehicle battery charging station in the IGDTUW premise to carry out various research and consultancy work. Under the alliance,… Continue reading Omega Seiki to set up CoE and R&D centre for EVs