Portfolio expansion: Clarios and a European Truck Manufacturer developing 24-volt Lithium-Ion battery

Clarios to showcase a newly developed lighter, safer, and more robust commercial vehicle truck battery at IAA Transportation Battery highlights Clarios’s ability to use advanced chemistry to meet increasing low-voltage electrical demand in heavy-duty vehicles Battery will be offered through VARTA Automotive in European markets GLENDALE, Wis. and HANNOVER, Germany, Sept. 16, 2024 /PRNewswire/ — Clarios, a global… Continue reading Portfolio expansion: Clarios and a European Truck Manufacturer developing 24-volt Lithium-Ion battery

Portfolio expansion: Clarios and a European Truck Manufacturer developing 24-volt Lithium-Ion battery

Clarios to showcase a newly developed lighter, safer, and more robust commercial vehicle truck battery at IAA Transportation Battery highlights Clarios’s ability to use advanced chemistry to meet increasing low-voltage electrical demand in heavy-duty vehicles Battery will be offered through VARTA Automotive in European markets GLENDALE, Wis. and HANNOVER, Germany, Sept. 16, 2024 /PRNewswire/ — Clarios, a global… Continue reading Portfolio expansion: Clarios and a European Truck Manufacturer developing 24-volt Lithium-Ion battery

Chinese warehouse robot maker Quicktron raises over $100m in Series DThe firm closed its $100m Series C+ round led by Kion Group and Prosperity7 Ventu…

Quicktron Intelligent Technology, a Chinese provider of warehouse robot solutions, has secured over $100 million in a Series D round of financing to fuel its global expansion. Shanghai-headquartered Quicktron raised the fresh capital from Taiwanese property development and construction firm Farglory Group and a few investment firms in mainland China, including Wuxi Liangxi Tech Innovation… Continue reading Chinese warehouse robot maker Quicktron raises over $100m in Series DThe firm closed its $100m Series C+ round led by Kion Group and Prosperity7 Ventu…

Samvardhana Motherson to acquire 11% stake in electric tech company REE Automotive

Samvardhana Motherson, one of India’s and the world’s leading specialised automotive component manufacturers, is to acquire an 11% equity stake (on a fully diluted basis and up to 19% non-diluted basis) in REE Automotive. Samvardhana Motherson International is to invest US$15 million (Rs 125 crore) to acquire the shareholding in the Israel-based REE Automotive, which… Continue reading Samvardhana Motherson to acquire 11% stake in electric tech company REE Automotive

Samvardhana Motherson to acquire 11% stake in electric tech company REE Automotive

Samvardhana Motherson, one of India’s and the world’s leading specialised automotive component manufacturers, is to acquire an 11% equity stake (on a fully diluted basis and up to 19% non-diluted basis) in REE Automotive. Samvardhana Motherson International is to invest US$15 million (Rs 125 crore) to acquire the shareholding in the Israel-based REE Automotive, which… Continue reading Samvardhana Motherson to acquire 11% stake in electric tech company REE Automotive

Aptiv PLC (APTV): A Good Car Repair Stock to Consider Buying

We recently compiled a list of the 10 Best Car Repair Stocks to Buy Now. In this article, we are going to take a look at where Aptiv PLC (NYSE:APTV) stands against the other car repair stocks. Price Wars in the Automotive Space Every consumer in the market today has numerous options when it comes to… Continue reading Aptiv PLC (APTV): A Good Car Repair Stock to Consider Buying

Premier: JIDU Unveils its Second Model – Robocar 07 Sedan

BEIJING, Sept. 12, 2024 /PRNewswire/ — A revolution in automotive intelligence, design and technical collaboration is revealed with the JIDU 07, the world’s first premium AI sedan. The ultimate design expression of the world’s first AI pure-electric sedan, the Robocar JIDU 07. Continue Reading Robocar JIDU 07 JIDU (known as ‘Jiyue’ in the Chinese market) is… Continue reading Premier: JIDU Unveils its Second Model – Robocar 07 Sedan

Passenger Car T-Box Market to Reach $5.4 Billion, Globally, by 2033 at 7.2% CAGR: Allied Market Research

The global passenger car T-box market is witnessing growth due to rise in demand for connected car services, regulatory mandates and government initiatives, integration with advanced driver assistance systems (ADAS) and autonomous driving technologies. WILMINGTON, Del., Sept. 12, 2024 /PRNewswire/ — Allied Market Research published a report, titled, “Passenger Car T-Box Market by Type (4G, 5G and… Continue reading Passenger Car T-Box Market to Reach $5.4 Billion, Globally, by 2033 at 7.2% CAGR: Allied Market Research

German FAZ: The myth of the American dream007687

If you want to find out whether Americans are still enterprising, you should take a look at the car market. Despite all the ideological freight that cars carry through the landscape these days, your own four wheels still provide autonomy, freedom and adventure. Personal initiative and mobility are also reflected in owning a car. Go… Continue reading German FAZ: The myth of the American dream007687

“Self-Driving” Cars Have a Dirty Secret

And it’s a big one. Behind the Screen You may be surprised to learn that “self-driving” cars don’t always drive themselves. Because these systems are far from infallible, companies like Amazon’s robotaxi service Zoox often depend on a behind-the-scenes team of human technicians to remotely control their cars when they struggle to pilot themselves. Today this facet… Continue reading “Self-Driving” Cars Have a Dirty Secret