SEOUL — Hyundai Motor shares surged nearly 20% on Friday after South Korea’s biggest automaker confirmed — but then later played down — reports that it is in talks with Apple to develop self-driving electric vehicles. “We’ve been receiving requests for potential cooperation from various companies regarding developing autonomous EVs. No decisions have been made… Continue reading Hyundai confirms talks with Apple on possible EV project
Tag: Mobility
Sumitomo teams with Mahindra to help Japan’s carmakers go digital
TOKYO — Japanese trading house Sumitomo Corp. and India’s Tech Mahindra have launched a joint venture to offer information-technology-based design and development services to Japan’s automakers and auto parts producers as the industry undergoes digital transformation. SCTM Engineering, the 50-50 venture in Tokyo, will draw on Tech Mahindra’s track record of automotive engineering working chiefly… Continue reading Sumitomo teams with Mahindra to help Japan’s carmakers go digital
Tactile Mobility Receives Strategic Investment
Tactile Mobility, a Haifa, Israel-based tactile virtual sensing and data company, secured funding from Nexteer Automotive and The Group Ventures. The investment acts as an extension to the previous $9 million round led by Porsche, and as a bridge to the next round of funding and brings total funding in the company to over $20M. The company plans to utilize… Continue reading Tactile Mobility Receives Strategic Investment
Magna CEO on what’s next for the auto industry
Magna’s new CEO Swamy Kotagiri on what’s next for him and the auto industry. Video Transcript ADAM SHAPIRO: Swamy Kotagiri is joining us right now. And there’s a lot going on in the US automotive industry. But your company, it’s more than just parts. It’s the technological expertise, and the software, and the different kinds… Continue reading Magna CEO on what’s next for the auto industry
Omega Seiki Mobility opens new dealership in Bangalore
Omega Seiki Mobility (OSM), part of Anglian Omega Group has onboarded a new dealer partner in southern India – Green Drive Auto Services – to open a new electric three-wheeler dealership in Bangalore. OSM says the new dealership is located at Singasandra, Bangalore and is part of the company’s focus to strategically strengthen its roots… Continue reading Omega Seiki Mobility opens new dealership in Bangalore
@Daimler: Mercedes-Benz is accelerating its journey towards CO2 neutrality. Significant progress was made in 2020, with a steep increase in xEV deliveries: More than 160,000 plug-in hybrids and all-electric vehicles were sold by Mercedes-Benz Cars worldwide (+228.8%), including about 87,000 units in the fourth quarter.
Mercedes-Benz Cars & Vans delivered a total of 2,528,349 vehicles Mercedes-Benz Cars sold more than 160,000 plug-in hybrids and all-electric vehicles (xEVs) xEV share of Mercedes-Benz Cars increased to 7.4% China sales of Mercedes-Benz increased by 11.7% to a new record of 774,382 units New S-Class in high demand: More than 40,000 orders already received… Continue reading @Daimler: Mercedes-Benz is accelerating its journey towards CO2 neutrality. Significant progress was made in 2020, with a steep increase in xEV deliveries: More than 160,000 plug-in hybrids and all-electric vehicles were sold by Mercedes-Benz Cars worldwide (+228.8%), including about 87,000 units in the fourth quarter.
Self-driving cars are dangerous in the wrong hands
The unfulfilled promise of vehicle autonomy means that drivers have to learn new skills Go to Source
China’s Baidu said to plan smart EV firm, to make cars at Geely plant
China’s Baidu Inc plans to form a company to make smart electric vehicles (EV), two sources familiar with the matter said, with manufacturing to be carried out at plants owned by automaker Geely. Baidu, the leading search engine company in China, will take a majority stake and absolute voting power in the new company. The venture will revamp some of Geely‘s existing car manufacturing facilities to make the vehicles, with in-car software input from Baidu and… Continue reading China’s Baidu said to plan smart EV firm, to make cars at Geely plant
Baidu plans smart EV company, to make cars at Geely plant: Sources
The venture will revamp some of Geely’s existing car manufacturing facilities to make the vehicles, with in-car software input from Baidu and engineering know-how from Geely, sources told Reuters. By Yingzhi Yang, Yilei Sun and Brenda Goh BEIJING: China’s Baidu Inc plans to form a company to make smart electric vehicles (EV), two sources familiar… Continue reading Baidu plans smart EV company, to make cars at Geely plant: Sources
Teledyne buys FLIR
The Teledyne company buys the infrared specialist FLIR. The sensor and IT conglomerate Teledyne has the manufacturer of infrared cameras FLIR accepted. FLIR switched to Teledyne for an amount of eight billion US dollars, some of which also consists of stock portfolios. Teledyne intends to add the capabilities in this area to its portfolio in… Continue reading Teledyne buys FLIR