Continental is increasing its investment in DigiLens Inc., the Silicon Valley-based company dealing with holographic waveguide projection technology. With its additional investment Continental will hold close to 18% of DigiLens after Series C financing round. Continental first invested in DigiLens in 2016, and through a strategic partnership to jointly develop a waveguide head-up display (HUD) that fulfills… Continue reading Continental increases its investment in DigiLens
Tag: Strategy
Porsche Consulting: The audio manufacturer makes tradition its strategy
For music lovers with a fine ear, the brand name Burmester stands for high fidelity – in the classical sense.
Takeover: Webasto invests in charging solutions
By taking over the business unit Charging Stations at AeroVironment, the supplier is strengthening its long-term e-mobility strategy. The Webasto Group has the planned, strategic takeover of the Efficient Energy Systems (EES) business unit of AeroVironment. Again supplierannounced on Tuesday, the purchase price is about 35 million US dollars. With the acquisition of all EES… Continue reading Takeover: Webasto invests in charging solutions
Continental Calls for Road Traffic’s “Vision Zero” to also Apply to Data Traffic
Data protection deficiencies: Continental prohibits use of WhatsApp and Snapchat with immediate effect Technology company considers it the duty of IT companies to ensure that data protection is a core component of software Continental’s CEO Dr. Degenhart: “Security, protection and frugality when it comes to handling data are core principles in the development of products… Continue reading Continental Calls for Road Traffic’s “Vision Zero” to also Apply to Data Traffic
Difficult last year of office: These five problems must solve Daimler CEO Zetsche
Dieter Zetsche The Daimler CEO is facing major challenges. (Photo: AFP / Getty Images) Stuttgart, Dusseldorf, FrankfurtAll headlights are aimed at him. Before you start, smile Dieter Zetsche again briefly. He finally knows what’s coming. “Hey Mercedes, tell me a joke,” he says Daimler-Chef in front of 400 invited guests at the premiere of the… Continue reading Difficult last year of office: These five problems must solve Daimler CEO Zetsche
Groupe PSA Position on Its Activities in Iran
RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: After signature of the JCPOA1 on July 14th, 2015 and the lifting of international sanctions against Iran on January 16th, 2016, Groupe PSA (Paris:UG) signed joint venture agreements with Iran Khodro on June 21th, 2016 and Saipa on October 6th, 2016. The purpose of these JVs, which are fully compliant with… Continue reading Groupe PSA Position on Its Activities in Iran
Groupe Renault swings into action for CSR with Mobilize Days
Monday 04 June 2018 by Rachida Badri – CSR Rachida Badri Share on Twitter Share on Facebook Share on LinkedIn Share on Pinterest 24 hours before World Environment Day, Groupe Renault launches the first international edition of CSR Week, which takes place from June 4 to 8 across all Groupe Renault sites. The goal is… Continue reading Groupe Renault swings into action for CSR with Mobilize Days
First generation e-cars will be gone tomorrow, says expert
Ding Lei, founder and chairman of electric car startup Huaren Technology R&D Co. [Photo provided to China Daily] Most electric models currently mushrooming in the Chinese auto sector will lose their appeal in two or three years, as they were designed as “makeshift substitutes” for gasoline cars, according to Ding Lei, founder and chairman of… Continue reading First generation e-cars will be gone tomorrow, says expert
Feng Qingfeng to succeed Jean-Marc Gales as Lotus CEO
L-R: Feng Qingfeng and Jean-Marc Gales. Zhejiang Geely Holding Group (Geely Holding), China’s leading privately-owned automotive group, has announced that Feng Qingfeng, vice-president and chief technical officer of Geely Auto Group, has been appointed to succeed Jean-Marc Gales as chief executive officer of Group Lotus effective immediately. Jean-Marc Gales will head up the Essex-based classic car dealer… Continue reading Feng Qingfeng to succeed Jean-Marc Gales as Lotus CEO
Tesla’s Musk laments Singapore electric vehicle stance
SINGAPORE (Reuters) – Elon Musk, chief executive of U.S. electric vehicle (EV) maker Tesla Inc, defended his view that Singapore was not supportive of EV ownership after a commentary in the city-state’s biggest newspaper criticized the billionaire’s social media post. Elon Musk speaks at a Boring Company community meeting in Bel Air, Los Angeles, California,… Continue reading Tesla’s Musk laments Singapore electric vehicle stance