Israeli startup TriEye has announced the completion of a $3 million seed round led by Grove Ventures. Following the investment Grove Ventures managing partner Dov Moran has become chairman of TriEye. The Netanya-based company will use the funds to expand development of its systems, hire more employees and strengthen its global presence. TriEye has developed… Continue reading Autonomous car nano-optics co TriEye raises $3m
Tag: Mobility
RCI Bank (Renault) buys 75% of fleet management company iCabbi
Posted 6/19/2018 11:27:32 CET PARIS, Jun 19 (EUROPA PRESS) – The financial division of the French automobile consortium Renault, RCI Bank and Services, has acquired 75% of the capital of the Irish technology management company of taxi fleets and vehicles with iCabbi driver, the company said in a statement. The Renault group explained that iCabbi,… Continue reading RCI Bank (Renault) buys 75% of fleet management company iCabbi
Breakthrough recognition for Veoneer’s LIV research platform
Tue, Jun 19, 2018 08:30 CET (Stockholm, Sweden, June 19, 2018) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, announced that Veoneer has received two awards by CLEPA, the European Association of Automotive Suppliers. On June 13, CLEPA, the European Association of Automotive Suppliers, organized for the third… Continue reading Breakthrough recognition for Veoneer’s LIV research platform
Elon Musk says Tesla employee committed ‘sabotage’
David Paul Morris/Bloomberg via Getty Images Tesla may have more trouble on its hands than layoffs and production challenges. Reuters said it had obtained a company-wide email from Elon Musk stating that an unnamed employee had conducted “extensive and damaging sabotage.” The staffer reportedly altered code in a company operating system and, more worryingly, had… Continue reading Elon Musk says Tesla employee committed ‘sabotage’
Elon Musk is accusing a Tesla employee of trying to sabotage the company (TSLA)
Tesla CEO Elon Musk said a Tesla employee has engaged in sabotage against the company, CNBC reports. In an email obtained by the publication, which Musk sent on Sunday night, Musk said the employee had changed parts of the company’s manufacturing operating system code and sent “highly sensitive” company data to outside parties. Musk reportedly… Continue reading Elon Musk is accusing a Tesla employee of trying to sabotage the company (TSLA)
CHASING THE NEW GHOSTS OF MOBILITY, DETROIT FACES AN UNCERTAIN FUTURE.
By Peter M. DeLorenzo Detroit. We’re living in the midst of strange days here. The once-vaunted Motor City, which has been up and down again and again, is now on one of its upward trajectories. And this time it looks like it’s going to stick around for a while. All is sweetness and light of late,… Continue reading CHASING THE NEW GHOSTS OF MOBILITY, DETROIT FACES AN UNCERTAIN FUTURE.
Magna to Jointly Engineer and Build Premium Electric Vehicles for Customers in China
Forming two Joint Ventures with Beijing Electric Vehicle Co.Facility can support up to 180,000 annual vehicle capacityJV is capable of supporting the needs of additional customersSHANGHAI, China, June 18, 2018 (GLOBE NEWSWIRE) — Magna today announced its intention to form two new joint ventures with Beijing Electric Vehicle Co. Ltd (BJEV) for complete vehicle manufacturing… Continue reading Magna to Jointly Engineer and Build Premium Electric Vehicles for Customers in China
Technology Game Changer: Magna’s 48-Volt Transfer Case Leads Array of CO2-Fighting Products
One of the auto industry’s first 48-volt mild-hybrid transfer casesAchieves up to 10% CO2 savings compared to a two-wheel drive systemCan be easily integrated into existing drivetrainsSAILAUF, Germany, June 14, 2018 (GLOBE NEWSWIRE) — Magna is on the fast track to vehicle electrification. With its all-new industry-leading 48-volt transfer case and an array of other… Continue reading Technology Game Changer: Magna’s 48-Volt Transfer Case Leads Array of CO2-Fighting Products
Magna Develops Comfort+ Door Latch to Improve Door Quality and Cabin Quietness
Reduces effort needed to open and close a car door by 40-60 percentAllows increased sealing to create a quieter cabin – a key factor in driver satisfaction ratingsWill enter the market on future models with a European automakerAURORA, Ontario, May 23, 2018 (GLOBE NEWSWIRE) — For automakers, two key customer satisfaction considerations are the feel… Continue reading Magna Develops Comfort+ Door Latch to Improve Door Quality and Cabin Quietness
Toyota Continues Role as Lead Automotive Innovator
Ann Arbor, Mich. (June 18, 2018) – In his address to investors last month, Akio Toyoda spoke of transforming the company that bears his family name from an automaker into a mobility company. While that official change in direction was a recent announcement, Toyota’s engineers and scientists have been expanding their research and development efforts to… Continue reading Toyota Continues Role as Lead Automotive Innovator