Volkswagen plans new site in Germany to counter Tesla’s gigafactory

A new logo of German carmaker Volkswagen is unveiled at the VW headquarters in Wolfsburg, Germany September 9, 2019. REUTERS/Fabian Bimmer/File Photo New factory would produce Trinity model from 2026 Decision still requires supervisory board approval Refitting existing Wolfsburg plant subject to limitations FRANKFURT, Nov 9 (Reuters) – Volkswagen (VOWG_p.DE)said on Tuesday it plans to… Continue reading Volkswagen plans new site in Germany to counter Tesla’s gigafactory

@Toyota: Toyota Renews Investment in Collaborative Safety Research Center with Five-Year, $30 Million Commitment to Drive Next Phase of Safety Innovation

Funds for projects designed to explore the safety needs of evolving mobility ecosystem and analyze protection for vulnerable and at-risk populations on our roads CSRC has received $85 million for collaborative safety technology research to help reduce traffic fatalities and injuries since 2011 ANN ARBOR, Mich. (November 9, 2021) – The pursuit of safe mobility… Continue reading @Toyota: Toyota Renews Investment in Collaborative Safety Research Center with Five-Year, $30 Million Commitment to Drive Next Phase of Safety Innovation

@Groupe PSA: PR Stellantis Announces Launch of Stellantis & You, Sales and Services002754

New commercial name for Stellantis’ retail division for Europe and Morocco    A new digital marketplace to enhance customer experience, with e-reservation and a modern responsive design AMSTERDAM – Stellantis N.V. (NYSE/MTA/Euronext Paris: STLA) (“Stellantis”) is pleased to announce the launch of Stellantis & You, Sales and Services, the new commercial name of Stellantis’ retail division… Continue reading @Groupe PSA: PR Stellantis Announces Launch of Stellantis & You, Sales and Services002754

@BMW: BMW i Ventures Invests in Upstream Security to Accelerate the Development of Connected Vehicle Cybersecurity Solutions.001576

Mountain View, CA – November 9, 2021…BMW i Ventures, the venture capital unit of the BMW Group, announced today a strategic investment in Upstream Security, which aims to accelerate the development of innovative automotive cybersecurity technologies and promote strategic connected vehicle cybersecurity projects. Upstream provides a data management platform purpose-built for connected vehicles, delivering unparalleled automotive… Continue reading @BMW: BMW i Ventures Invests in Upstream Security to Accelerate the Development of Connected Vehicle Cybersecurity Solutions.001576

Magna Helps Ford Electrify the Future With Battery Enclosures for F-150 Lightning

Magna Battery Enclosures Magna’s battery enclosure for the 2022 Ford F-150 Lightning protects power source Magna’s battery enclosure for the 2022 Ford F-150 Lightning protects power source Magna’s battery enclosures protect power source Key technology to enable electric vehicles Lightweight aluminum enclosure helps minimize battery mass AURORA, Ontario, Nov. 09, 2021 (GLOBE NEWSWIRE) — When… Continue reading Magna Helps Ford Electrify the Future With Battery Enclosures for F-150 Lightning

Goodyear and SARTA Collaborate to Advance Intelligent Tire Technology and Sustainable Mobility

Goodyear intelligent sensors and prototype tires to fuel extra energy savings for SARTA hydrogen-powered buses AKRON, Ohio –News Direct– Goodyear AKRON, Ohio, November 9, 2021 /3BL Media/ – The Goodyear Tire & Rubber Company and the Stark Area Regional Transit Authority (SARTA), two Northeast Ohio-based leaders in future mobility, today announced a collaboration to test… Continue reading Goodyear and SARTA Collaborate to Advance Intelligent Tire Technology and Sustainable Mobility

Motional and Lyft to launch driverless commercial robotaxi service in Las Vegas in 2023

Lyft and Motional, the Aptiv-Hyundai joint venture aimed at commercializing autonomous driving technology, have announced plans to launch their first fully driverless ride-hail service in Las Vegas in 2023. The news follows multiple years of collaboration, both between the two companies and within the City of Sin. By the second half of next year, Motional… Continue reading Motional and Lyft to launch driverless commercial robotaxi service in Las Vegas in 2023

@Hyundai: Hyundai Motor Group announces the formation of Supernal to lead the Group’s progress in Advanced Air Mobility

Supernal, an evolution of the Group’s Urban Air Mobility Division, is developing an eVTOL vehicle for 2028 entry-into-service and convening diverse stakeholders to responsibly shape the Advanced Air Mobility market Supernal will use the Group’s scaled manufacturing, and mobility technologies and innovations to revolutionize air travel Supernal will take mobility to the next dimension, with… Continue reading @Hyundai: Hyundai Motor Group announces the formation of Supernal to lead the Group’s progress in Advanced Air Mobility

Hyundai Motor Group announces the formation of Supernal to lead the Group’s progress in Advanced Air Mobility

“In adding a new dimension to mobility, we are on a mission to transform how people and society move, connect, and live,” said Jaiwon Shin, Chief Executive Officer of Supernal and President, of Hyundai Motor Group. “We have bold ambitions at Supernal but being first to market is not one of them. We are working… Continue reading Hyundai Motor Group announces the formation of Supernal to lead the Group’s progress in Advanced Air Mobility

M&M Q2 PAT up 214% to INR 1,929 cr

Mahindra said it sold 99,334 vehicles during the period under review, up 9% from 91,536 units in the second quarter of last fiscal. New Delhi: Mahindra & Mahindra (M&M) Group on Tuesday reported a growth of 213.6% in its consolidated PAT to INR 1,928.64 crore in Q2 FY22 as against INR 614.64 crore during Q2… Continue reading M&M Q2 PAT up 214% to INR 1,929 cr