German Handelsblatt: Truck start-up: Deep red numbers: Ex-Opel boss Lohscheller leaves Nikola after only eight months as CEO007434

Michael Loscheller The former Opel manager is leaving the Nikola after less than a year. (Photo: Reuters) The US electric truck manufacturer Nikola is changing its boss for the fourth time in four years. Former Opel manager Michael Lohscheller is leaving the crisis-ridden company for family reasons after less than a year in the top… Continue reading German Handelsblatt: Truck start-up: Deep red numbers: Ex-Opel boss Lohscheller leaves Nikola after only eight months as CEO007434

@niche: Workhorse Highlights ISS Recommendation that Stockholders Vote FOR the Proposal to Increase the Number of Authorized Shares002861

Workhorse Group, Inc. CINCINNATI, Aug. 04, 2023 (GLOBE NEWSWIRE) — Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero emission commercial vehicles, today highlighted the recommendation by leading independent proxy advisor Institutional Shareholder Services Inc. (“ISS”) that Workhorse stockholders vote FOR the proposal to… Continue reading @niche: Workhorse Highlights ISS Recommendation that Stockholders Vote FOR the Proposal to Increase the Number of Authorized Shares002861

The Drone Show Festival, Organised by Flock Drone Art consolidates its position as the leading international drone show festival

BARCELONA, Spain, Aug. 3, 2023 /PRNewswire/ — In just three editions, the Drone Show Festival has established itself as the leading international festival of drone shows. Organised by Flock Drone Art, the industry’s leading company, this summer the festival has hosted artistic works by companies from the United States, France, Portugal, the Netherlands and Spain. This… Continue reading The Drone Show Festival, Organised by Flock Drone Art consolidates its position as the leading international drone show festival

Vehicular Child Presence Detection to Drive 3.5 Million 60GHz Automotive Radar Shipments in 2030

LONDON, Aug. 3, 2023 /PRNewswire/ — Driver and Occupant Monitoring Systems will be the fastest-growing active safety system over the decade, growing at a CAGR of 25% between 2023 and 2030, according to a new report by global technology intelligence firm ABI Research. Regulation and the standardized testing of fatigue detection, attention assistance, and child presence… Continue reading Vehicular Child Presence Detection to Drive 3.5 Million 60GHz Automotive Radar Shipments in 2030

Sojern and Profitroom Join Forces to Drive Direct Hotel Bookings

JOHANNESBURG, South Africa, Aug. 3, 2023 /PRNewswire/ — Sojern, the leading travel marketing platform, and Profitroom, a globally renowned award-winning booking and technology platform, today announced a new collaboration. In today’s era, where hotels closely monitor their budgets, the collaboration aims to equip hotels worldwide with a powerful combination of advanced booking technology and data-driven… Continue reading Sojern and Profitroom Join Forces to Drive Direct Hotel Bookings

German Handelsblatt: Truck start-up: Deep red numbers: Ex-Opel boss Lohscheller leaves Nikola after only eight months as CEO007431

Michael Loscheller The former Opel manager is leaving the Nikola after less than a year. (Photo: Reuters) The US electric truck manufacturer Nikola is changing its boss for the fourth time in four years. Former Opel manager Michael Lohscheller is leaving the crisis-ridden company for family reasons after less than a year in the top… Continue reading German Handelsblatt: Truck start-up: Deep red numbers: Ex-Opel boss Lohscheller leaves Nikola after only eight months as CEO007431

FORVIA and BYD plan seat assembly plant in Thailand as export hub for APAC

FORVIA, the world’s seventh largest supplier of automotive technologies, and Chinese electric vehicle manufacturer BYD are to begin construction of a new state-of-the-art seat-assembly plant in the Rayong province of Thailand. This new facility will produce complete seat sets under Shenzhen Faurecia Automotive Parts Co, a joint venture created by BYD and Faurecia in 2017,… Continue reading FORVIA and BYD plan seat assembly plant in Thailand as export hub for APAC

Bosch opens new semiconductor test centre in Malaysia

With global demand for chips for the automotive and consumer goods industries remaining high, chip majors like Bosch are continuing to expand their semiconductor business. Bosch has now opened a new test centre for chips and sensors in Penang, Malaysia, at a cost of around 65 million euros, with  plans to invest a further 285… Continue reading Bosch opens new semiconductor test centre in Malaysia

Five chip giants to drive RISC-V application in automotive, enhance industry resilience

Semiconductor industry majors Robert Bosch, Infineon Technologies, Nordic Semiconductor, NXP Semiconductors and Qualcomm Technologies, have come together to jointly invest in a company aimed at advancing the adoption of RISC-V (reduced instruction set computer) globally by enabling next-generation hardware development. Formed in Germany, this company will aim to accelerate the commercialisation of future products based… Continue reading Five chip giants to drive RISC-V application in automotive, enhance industry resilience

U.S. and Mongolia strengthen strategic partnership as direct flights planned for 2024

Prime Minister of Mongolia met and held a press conference with Vice-President Harris today as part of his first official visit to the United States Direct flights between the two countries planned to commence in 2024 Mongolia and the U.S. signing agreements this week to strengthen their bilateral relationship   ULAANBAATAR, Mongolia, Aug. 2, 2023 /PRNewswire/… Continue reading U.S. and Mongolia strengthen strategic partnership as direct flights planned for 2024