Magna International has announced it has been awarded a high-volume contract with a Europe-based global premium OEM to supply its new eDrive system (eDS Mid). The eDrive is planned for 2027 model SUVs / sedans, with production expected to begin in 2026. “The electrified powertrain technologies of the future are being developed today. We are… Continue reading Magna wins new high-voltage eDrive business with European premium carmaker
Tag: Strategy
Kia bets big on software-defined vehicle tech with flagship EV9 SUV
Kia today introduced its Software Defined Vehicle (SDV) technology through its EV9 SUV’s on-demand features and over-the-air (OTA) software updates, allowing customers to remotely purchase and install new software functions based on their needs. Kia, which is affiliated with the Hyundai Motor Group, has recently launched its flagship electric SUV, the EV9. Notably, it is… Continue reading Kia bets big on software-defined vehicle tech with flagship EV9 SUV
@BMW: BMW Group achieves healthy margins in volatile environment thanks to high demand002684
Zipse: “Our compelling products inspire customers all over the world” Group EBT margin at 13.9% Automotive EBIT margin climbs to 12.1% Free cash flow of around € 2 billion in Auto Segment Sales of BMW BEVs up 112% 2023 Guidance confirmed in continuing volatility Munich. With its fresh and attractive portfolio and a strong product… Continue reading @BMW: BMW Group achieves healthy margins in volatile environment thanks to high demand002684
Motorsports Veteran Jost Capito Joins Personar.ai as Senior Advisor
MELBOURNE, Australia, May 4, 2023 /PRNewswire/ — Personar.ai, an enterprise artificial intelligence (AI) automation technology changing the way people work, is excited to announce the addition of world-renowned motorsports veteran Jost Capito to the company as Senior Advisor. Mr. Capito, a renowned expert in motorsports and the automotive industry, will play a pivotal role in advancing… Continue reading Motorsports Veteran Jost Capito Joins Personar.ai as Senior Advisor
China’s Liaocheng High tech Zone has achieved great success in attracting investment in Japan and South Korea
LIAOCHENG, China, May 4, 2023 /PRNewswire/ — This is a report from the Shandong office of Hong Kong Business Daily. In order to continuously expand the advantages of opening up and cooperation between the high-tech zone and Japan and South Korea, from April 19th to 26th, Shandong Liaocheng High tech Zone organized a business invitation delegation… Continue reading China’s Liaocheng High tech Zone has achieved great success in attracting investment in Japan and South Korea
Driven by Innovation: DXC Technology Announces Partnership with Scuderia Ferrari
Multi-year agreement includes commitment to engineer automotive digital solutions DXC logo to appear on SF-23 commencing Formula 1 Miami Grand Prix ASHBURN, Va., May 3, 2023 /PRNewswire/ — DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services company, today announced it has signed a multi-year agreement with Scuderia Ferrari, the racing division of… Continue reading Driven by Innovation: DXC Technology Announces Partnership with Scuderia Ferrari
Motorsports Veteran Jost Capito Joins Personar.ai as Senior Advisor
MELBOURNE, Australia, May 4, 2023 /PRNewswire/ — Personar.ai, an enterprise artificial intelligence (AI) automation technology changing the way people work, is excited to announce the addition of world-renowned motorsports veteran Jost Capito to the company as Senior Advisor. Mr. Capito, a renowned expert in motorsports and the automotive industry, will play a pivotal role in advancing… Continue reading Motorsports Veteran Jost Capito Joins Personar.ai as Senior Advisor
Connected Kerb Applauded by Frost & Sullivan for Its Convenient, Affordable, and Reliable EV Charging Infrastructure and Market-leading Position
Connected Kerb is well-positioned in the market with an industry-leading product that provides tremendous value in high-demand sectors. SAN ANTONIO, May 2, 2023 /PRNewswire/ — Recently, Frost & Sullivan assessed the electric vehicle (EV) charging infrastructure industry and, based on its findings, recognizes Connected Kerb with the 2023 European Company of the Year Award. The company provides… Continue reading Connected Kerb Applauded by Frost & Sullivan for Its Convenient, Affordable, and Reliable EV Charging Infrastructure and Market-leading Position
IRP Systems Expands Its Global Presence With a New Office in Spain
TEL-AVIV, Israel and BARCELONA, Spain, May 2, 2023 /PRNewswire/ — IRP Systems, the leading provider of cutting-edge electric powertrain solutions, announced today the opening of a new office in Barcelona, Spain. In addition to serving as the company’s business and R&D center in Europe, the office will also provide customer support to its clients in… Continue reading IRP Systems Expands Its Global Presence With a New Office in Spain
China’s Liaocheng High tech Zone has achieved great success in attracting investment in Japan and South Korea
LIAOCHENG, China, May 4, 2023 /PRNewswire/ — This is a report from the Shandong office of Hong Kong Business Daily. In order to continuously expand the advantages of opening up and cooperation between the high-tech zone and Japan and South Korea, from April 19th to 26th, Shandong Liaocheng High tech Zone organized a business invitation delegation… Continue reading China’s Liaocheng High tech Zone has achieved great success in attracting investment in Japan and South Korea