Tag: Mobility

Self-driving startup Robotics Research raises $228m from SoftBank, others …

Self-driving technology startup Robotic Research said on Thursday it has raised $228 million from investors including SoftBank to scale up its commercial division’s solutions for trucks, buses and logistics vehicles. The fundraising round also included an investment from Luminar Technologies, which makes lidar sensors used in self-driving cars. Robotic Research has been working on a variety… Continue reading Self-driving startup Robotics Research raises $228m from SoftBank, others …

VW to pay $3.5 million to resolve Illinois diesel lawsuit

WASHINGTON, Dec 9 (Reuters) – Volkswagen AG’s (VOWG_p.DE) U.S. unit will pay $3.5 million to resolve a lawsuit by the state of Illinois against the German automaker for updates of emissions software arising from the 2015 diesel cheating scandal. Last month, the U.S. Supreme Court rejected Volkswagen’s bid to avoid lawsuits filed by officials in… Continue reading VW to pay $3.5 million to resolve Illinois diesel lawsuit

ServCity details urban autonomous testing program

ServCity is a research program that aims to help cities around the world solve a problem: how they can harness the latest autonomous vehicle technologies and successfully incorporate them into complex urban environments. Through this work, it will develop a blueprint that directly tackles the barriers to deploying autonomous vehicles in cities.  [embedded content] Through simulation, end-user experience research, and real-world testing, ServCity will inform how cities can… Continue reading ServCity details urban autonomous testing program

@GM: General Motors and MP Materials Enter Long-Term Supply Agreement to Scale Rare Earth Magnet Sourcing and Production in the U.S. December 9, 202…

General Motors and MP Materials Enter Long-Term Supply Agreement to Scale Rare Earth Magnet Sourcing and Production in the U.S. Rare earth materials sourced from Mountain Pass, California, will be manufactured into magnets at new MP Materials production facility in Fort Worth, Texas Rare earth magnets are critical components in GM Ultium Platform EV motors… Continue reading @GM: General Motors and MP Materials Enter Long-Term Supply Agreement to Scale Rare Earth Magnet Sourcing and Production in the U.S. December 9, 202…

@GM: General Motors and Vacuumschmelze (VAC) Announce Plans to Build a New Magnet Factory in the U.S. to Support EV Growth December 9, 2021

General Motors and Vacuumschmelze (VAC) Announce Plans to Build a New Magnet Factory in the U.S. to Support EV Growth DETROIT – General Motors (NYSE: GM) is taking another major step forward in creating a strong, sustainable and scalable supply chain for electric vehicles. Today, GM and VAC of Germany announced plans for VAC to… Continue reading @GM: General Motors and Vacuumschmelze (VAC) Announce Plans to Build a New Magnet Factory in the U.S. to Support EV Growth December 9, 2021

Volkswagen’s Herbert Diess to Remain C.E.O., With Less Control

BERLIN — Volkswagen’s chief executive, Herbert Diess, won fresh backing from the automaker’s supervisory board on Thursday, but his responsibilities will be pared as the company seeks to win back investor confidence lost in recent weeks during a dispute about his leadership style. As part of a compromise deal reached with Mr. Diess, 63, more… Continue reading Volkswagen’s Herbert Diess to Remain C.E.O., With Less Control

Solid Power ramps up solid-state battery race with public market debut

Solid Power, the solid-state battery developer backed by Ford and BMW, is hitting the public markets running with a spike in stock price shortly after trading opened Thursday. The company is one of a handful in the electric mobility space to have gone public via a merger with a blank-check firm. Solid Power announced the… Continue reading Solid Power ramps up solid-state battery race with public market debut

@VW Group: Planning Round 70: Volkswagen drives forward electrification of its European plants and presents its plan for transforming the Wolfsburg site004332

Within the framework of Planning Round 70, the Volkswagen Group today resolved to further electrify its European plants in pursuit of its goal of becoming global market leader in electric mobility by 2025. Thus, the Group vigorously drives forward the implementation of its NEW AUTO strategy. The Group headquarters and manufacturing site in Wolfsburg will… Continue reading @VW Group: Planning Round 70: Volkswagen drives forward electrification of its European plants and presents its plan for transforming the Wolfsburg site004332

@Toyota: Leading the Charge Toward an Electrified Future

Toyota has been a leader of electrified vehicle technology for more than 20 years. As the industry looks towards an electrified future, Toyota introduces plans for a new BEV brand. It’s a simple question: When will electric vehicles be mainstream for American buyers? Ask Ash Corson, Toyota’s alternative powertrain vehicle manager in Toyota’s Technical Facility… Continue reading @Toyota: Leading the Charge Toward an Electrified Future