The state-of-the-art manufacturing plant will be located on an 8.35 million-square-foot site (77.6-hectare) in Kota Deltamas (City of Deltamas), an integrated industrial, commercial and residential district in the eastern outskirts of Jakarta, capital of the fourth-most-populous-nation in the world. The official MOU signing ceremony was held today at the Hyundai Motor plant in Ulsan, South… Continue reading Hyundai Motor to Establish its First Indonesian Manufacturing Plant
Tag: Mobility
MG Motor India, Exicom partner for second-life use of ZS EV batteries
MG Motor India, which is all set to launch its first electric vehicle the ZS EV SUV, partners with Exicom Tele-Systems for second-life use of ZS EV batteries. Under the partnership, Exicom plans to re-deploy MG ZS EV batteries at the end of their useful life with the car and put them through a controlled process of… Continue reading MG Motor India, Exicom partner for second-life use of ZS EV batteries
@GM: GM and Isuzu to Create 100 New Jobs at New Plant in Ohio to Help Meet Demand for Chevrolet Silverado and GMC Sierra Heavy-Duty Diesel Pickups
GM and Isuzu to Create 100 New Jobs at New Plant in Ohio to Help Meet Demand for Chevrolet Silverado and GMC Sierra Heavy-Duty Diesel Pickups 2019-11-21 All-new $175 million facility to be built in Brookville, Ohio Plant will deliver precision-machined components to DMAX engine plant in Moraine, Ohio starting in late 2020 Investments part of… Continue reading @GM: GM and Isuzu to Create 100 New Jobs at New Plant in Ohio to Help Meet Demand for Chevrolet Silverado and GMC Sierra Heavy-Duty Diesel Pickups
@GM: General Motors Files RICO Lawsuit Against Fiat Chrysler Automobiles
General Motors Files RICO Lawsuit Against Fiat Chrysler Automobiles Admissions Revealed in Multi-Year Justice Department Investigation Form Basis of Complaint 2019-11-20 DETROIT — General Motors Co. (NYSE: GM) today announced the filing of a federal racketeering lawsuit against FCA (FCA US LLC and Fiat Chrysler Automobiles NV) and former FCA executives who have pled guilty… Continue reading @GM: General Motors Files RICO Lawsuit Against Fiat Chrysler Automobiles
@GM: General Motors Announces Two Leadership Appointments
General Motors Announces Two Leadership Appointments 2019-11-08 Brian Sweeney moves to a new role as Vice President, Dealer Operations and Innovation Steve Hill continues as U.S. Vice President, Sales, Service and Marketing and will lead Chevrolet DETROIT — General Motors (NYSE: GM) today announced two new executive leadership appointments, effective Nov. 15, 2019. Brian Sweeney, U.S. vice… Continue reading @GM: General Motors Announces Two Leadership Appointments
@Hyundai: “You Don’t Have to Say How You Feel” Emotion Recognition Technology
(From left) Kyung-hoon Kim Senior Researcher, Myung-bin Choi Researcher, Seung-hwan Lee Senior Researchers, Tae-hun Kim Senior Researchers The ultimate goal of many digital technologies is providing a better experience for people. Today, technologies are moving beyond providing useful features that enhance convenience and evolving to understand and empathize with people. Cars are no exception to… Continue reading @Hyundai: “You Don’t Have to Say How You Feel” Emotion Recognition Technology
India’s electric bike rental startup Yulu inks strategic partnership with Bajaj Auto, raises $8M
Yulu, a Bangalore-based electric bike sharing platform that maintains a partnership with Uber, said today it has won the backing of one of the country’s largest automakers. The two-year-old startup said it has entered into a strategic partnership with Bajaj Auto, which has also funded Yulu’s $8 million Series A financing round. As part of the… Continue reading India’s electric bike rental startup Yulu inks strategic partnership with Bajaj Auto, raises $8M
Indian: Bajaj Auto invests $8m in e-bike rental startup Yulu
Indian motorcycle maker Bajaj Auto Ltd (BAL) Tuesday said it is investing $8 million in Bengaluru-based bicycle and electric scooter rental startup Yulu. Per the investment terms, Yulu will source electric two-wheelers from Bajaj. The vehicles will be co-designed and manufactured exclusively for shared micro-mobility. Besides, Bajaj will also consider facilitating the vehicle finance needs… Continue reading Indian: Bajaj Auto invests $8m in e-bike rental startup Yulu
Indian bus aggregator Shuttl raises $18m in Series C round
App-based bus aggregator Shuttl on Monday raised $18 million from SPARX Group (through its Mirai Creation Fund II) and Toyota Tsusho Corporation, as part of its Series C round of funding. Shuttl, which has been on an expansion spree from the past several months, had recently announced the launch of its technology centre in Bengaluru along with… Continue reading Indian bus aggregator Shuttl raises $18m in Series C round
@VW Group: View Beyond the Visible
The view from the thirty-fourth floor extends beyond the office towers and flat Bauhaus roofs, past small houses from the city’s early days, and out to the Mediterranean. The mirrored twin towers behind the highway in Tel Aviv are like an aerie for autonomous driving innovations. A team from the start-up TriEye is here working… Continue reading @VW Group: View Beyond the Visible