TORONTO, Nov. 04, 2021 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX : MRE) a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced Martinrea Innovation Development (MiND), a recently-established organization dedicated towards incubating, developing, and funding innovative technologies that can be… Continue reading Martinrea International Inc. Outlines Its Martinrea Innovation Development Initiative
Tag: Strategy
Cruise lays out its plan for ‘how’ it will make robotaxis a reality
The string of engineers who spoke Thursday night during a deep dive into Cruise’s autonomous vehicle technology never mentioned Tesla’s name. They didn’t have to, although the message was clear enough. GM’s self-driving subsidiary Cruise presented a technical and deployment roadmap — at a granular level — that aimed to show how it has built… Continue reading Cruise lays out its plan for ‘how’ it will make robotaxis a reality
ZF acquires Bestmile’s tech for real-time vehicle-agnostic fleet management
With Bestmile’s technology, ZF is set to build the commercial vehicle industry’s first Mobility Orchestration Platform. ZF has acquired Bestmile’s technology, representing a significant step towards launching the commercial vehicle industry’s first Mobility Orchestration Platform. Advancing ZF’s ‘Next Generation Mobility’ strategy, this platform will help operators to realise ambitions for Transportation as a Service (TaaS)… Continue reading ZF acquires Bestmile’s tech for real-time vehicle-agnostic fleet management
Technology · 10:51 AM UTCSouth Korean chip firms to omit detailed data in response to U.S. request -sourcesSamsung Electronics and SK Hynix plan to le…
SEOUL, Nov 5 (Reuters) – Samsung Electronics (005930.KS) and SK Hynix (000660.KS) plan to leave out detailed information when supplying Washington with data related to the global chip shortage as they want to protect trade secrets, two sources briefed on the matter said. The South Korean firms – the world’s two biggest makers of memory… Continue reading Technology · 10:51 AM UTCSouth Korean chip firms to omit detailed data in response to U.S. request -sourcesSamsung Electronics and SK Hynix plan to le…
TechnologyWhat’s driving the latest Volkswagen power struggle?8:51 AM UTC
Herbert Diess, CEO of German carmaker Volkswagen AG, poses in an ID.3 pre-production prototype during the presentation of Volkswagen’s new electric car on the eve of the International Frankfurt Motor Show IAA in Frankfurt, Germany September 9, 2019. REUTERS/Wolfgang Rattay FRANKFURT, Nov 5 (Reuters) – Volkswagen (VOWG_p.DE) CEO Herbert Diess’ frail relationship with German labour… Continue reading TechnologyWhat’s driving the latest Volkswagen power struggle?8:51 AM UTC
Autonomous driving startup Momenta raises another $500M
In the wake of a $300 million investment from General Motors in September, Momenta, an autonomous driving solution provider from China, announced today an additional $500 million added to its Series C round. The new injection brings the total of the startup’s Series C to over $1 billion. Momenta adapts what it calls a two-legged… Continue reading Autonomous driving startup Momenta raises another $500M
Sustainable BusinessFord to retire $5 billion in high-interest debt, issue green bondsNovember 4, 2021
The body and chassis of a Ford pre-production all-electric F-150 Lightning truck prototype are seen at the Rouge Electric Vehicle Center in Dearborn, Michigan, U.S. September 16, 2021. REUTERS/Rebecca Cook/File Photo/File Photo Nov 4 (Reuters) – Ford Motor Co (F.N) said it plans to retire up to $5 billion in high-interest debt and tap into… Continue reading Sustainable BusinessFord to retire $5 billion in high-interest debt, issue green bondsNovember 4, 2021
@Daimler: Mercedes-AMG Motorsport expands esports involvement and initially starts with five esports teams in 2021 DNLS
Affalterbach. Mercedes-AMG Motorsport is further expanding its esports programme and is starting the third Digital Nürburgring Endurance Series (DNLS) presented by Goodyear season with a total of five Performance Teams. The season-opening event in the virtual Green Hell, the H&R 3h race, will be taking place on Sunday. Mercedes-AMG Motorsport expands esports programme Five Mercedes-AMG… Continue reading @Daimler: Mercedes-AMG Motorsport expands esports involvement and initially starts with five esports teams in 2021 DNLS
@Toyota: The Formulation of an Investment Strategy to Achieve Carbon Neutrality
Toyota Tsusho Corporation (“Toyota Tsusho”) has announced that it will proceed 1.6 trillion yen scale investment by 2030 for the achievement of carbon neutrality, and it will introduce two new internal systems to accomplish the greenhouse gas (“GHG”) emission reduction targets it announced in July. Go to Source
@Ford: Ford, Ford Credit Introduce Sustainable Financing Framework Prioritizing EV, Clean Production, Community Investments
First-of-its-kind framework among North America-based automakers supports Ford+ plan to grow, create value for customers, investors, other stakeholders Will guide Ford’s leadership in sustainability and investments in four key areas, including developing battery electric vehicles and clean manufacturing Framework achieved highest-possible ‘advanced’ rating from Vigeo Eiris, which is globally recognized for its assessments of ESG… Continue reading @Ford: Ford, Ford Credit Introduce Sustainable Financing Framework Prioritizing EV, Clean Production, Community Investments