Magna Secures Business For Hybrid Dual-Clutch Transmission Program

Magna’s hybrid dual clutch transmissions will be produced at its facility in Bari, Italy Magna’s hybrid dual clutch transmissions will be produced at its facility in Bari, Italy Next generation compact and mid-size transmissions launching in 2025 with Mercedes-Benz Two HDT programs to launch in the coming months with additional global OEMs Shift to hybrid… Continue reading Magna Secures Business For Hybrid Dual-Clutch Transmission Program

Moovit partners with smart cane company WeWALK to enhance mobility for visually impaired

Intel-owned Moovit, a mobility-as-a-service (MaaS) provider with a globally popular trip planning app, has partnered with WeWALK, a smart cane company, to help visually impaired people reach their destinations safer and more efficiently. WeWALK’s app will now be integrated with Moovit’s Transit API, which combines official local transit agency information with crowdsourced information to get… Continue reading Moovit partners with smart cane company WeWALK to enhance mobility for visually impaired

Uber: Uber CEO to Participate in Fireside Chat Hosted by UBS

SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced that Dara Khosrowshahi, CEO, will participate in a fireside chat hosted by UBS on Tuesday, December 14, 2021. Mr. Khosrowshahi is scheduled to appear at 7:00am PT (10:00am ET). A live webcast of the event will be available on the investor relations section of the Uber… Continue reading Uber: Uber CEO to Participate in Fireside Chat Hosted by UBS

Change in Leadership at Mercedes-Benz Vans and Realignment of the Heritage of Mercedes-Benz

STUTTGART, Germany, Dec. 2, 2021 /PRNewswire/ — Under the leadership of Marcus Breitschwerdt (60), currently Head of Mercedes–Benz Vans, all aspects of brand and corporate heritage incl. the Mercedes–Benz Museum, as well as all business activities in the Classic area will be realigned on January 1, 2022. He will pass his current role as Head of… Continue reading Change in Leadership at Mercedes-Benz Vans and Realignment of the Heritage of Mercedes-Benz

@Nissan: Nissan to enhance EV charging infrastructure with new fast charger rollout across Europe000569

2021/12/02 Nissan partners with leading EV charging suppliers, Allego and E.ON, to provide customers with a comprehensive rapid charger technology offering Extensive rollout of 24kW and 50kW combined CCS and CHAdeMO DC rapid charging units will arrive in Nissan dealerships in 18 countries throughout Europe Advanced charging infrastructure to benefit Nissan Charge and Plugsurfing charging… Continue reading @Nissan: Nissan to enhance EV charging infrastructure with new fast charger rollout across Europe000569

Grammer investing in more sustainable products: Alternative materials and lightweight design improving economic footprint

Raw materials account for up to 70 percent of the carbon footprint of products  Partnership forged with the Institute of Plastics and Circular Economy at Leibniz University Hannover, Germany: advice on materials, support for life cycle assessments   Grammer AG, December 2, 2021 – Hemp, wood and flax as the basis for biopolymers (plastics made… Continue reading Grammer investing in more sustainable products: Alternative materials and lightweight design improving economic footprint

Honda to make swappable EV batteries in India, sets up sharing service subsidiary

A month after it announced plans to begin a battery sharing service for electric rickshaws in India, in the first half of 2022, using its all new portable and swappable batteries christened ‘Honda Mobile Power Pack e:’, Honda has set up an India subsidiary. Honda Power Pack Energy India, Honda’s new subsidiary for battery sharing… Continue reading Honda to make swappable EV batteries in India, sets up sharing service subsidiary

Indian ride-hailing firm Ola plans IPO in H1 2022, readies superapp

Indian ride-hailing company Ola plans to go public in the first half of 2022, Chief Executive Officer Bhavish Aggarwal said on Thursday, undeterred by the recent volatility and lackluster listing of some start-ups in the country. Ola, backed by Japan’s SoftBank Group, is also gearing up to create something of a “super app” with plans… Continue reading Indian ride-hailing firm Ola plans IPO in H1 2022, readies superapp

Kakao Mobility picks up additional $55M funding at over $4.2B valuation 

Kakao Mobility, the South Korea-based mobility as a service (MaaS) startup behind Kakao T, a ride-hailing app, said it has raised an additional $55 million (65 billion won) from strategic investor GS Retail. This brings its total raised to about $941.4 million (1.11 trillion won) and values it at more than $4.2 billion, a spokesperson… Continue reading Kakao Mobility picks up additional $55M funding at over $4.2B valuation 

16:10 ETDana Incorporated Names New Chief Financial OfficerDana Incorporated (NYSE: DAN) today announced the appointment of Dana veteran Timothy R. Kr…

MAUMEE, Ohio, Dec. 1, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) today announced the appointment of Dana veteran Timothy R. Kraus as senior vice president and chief financial officer.  Mr. Kraus succeeds Jonathan Collins, who will be leaving Dana to become CFO of Clarivate plc (NYSE: CLVT), a world-leading information and analytics provider.  Mr. Collins will… Continue reading 16:10 ETDana Incorporated Names New Chief Financial OfficerDana Incorporated (NYSE: DAN) today announced the appointment of Dana veteran Timothy R. Kr…