Five Japanese automobile manufacturers (SUBARU CORPORATION, TOYOTA MOTOR CORPORATION, Nissan Motor Co., Ltd., Honda Motor Co., Ltd., and Mazda Motor Corporation) and five parts manufacturers (AISIN CORPORATION, JATCO Ltd, DENSO CORPORATION, Panasonic Corporation, and Mitsubishi Electric Corporation) will be filling the role of executive member in the Japan Automotive Model-Based Engineering center (JAMBE), which went… Continue reading @Honda: Participation in Japan Automotive Model-Based Engineering Center
Tag: Strategy
Supplier Award: Schaeffler honors its top suppliers
2021-09-23 | Herzogenaurach Sustainability is central to Schaeffler’s supply chain and procurement operations Partners for Performance: 17 companies receive Schaeffler Supplier Award Andreas Schick: “Despite high volatility in the markets, Schaeffler has continued to be a reliable partner throughout more than one and a half years.” As an international automotive and industrial supplier, Schaeffler maintains… Continue reading Supplier Award: Schaeffler honors its top suppliers
@VW Group: Volkswagen Group China builds battery system factory in Anhui to strengthen BEV value chain003879
Volkswagen Group China is commencing construction of a battery system production factory in Hefei (Anhui province). VW Anhui Components Company is the first battery system plant to be wholly owned by the Group in China. Its initial annual capacity will be 150,000 to 180,000 high-voltage battery systems for Volkswagen Anhui’s all-electric vehicles based on the… Continue reading @VW Group: Volkswagen Group China builds battery system factory in Anhui to strengthen BEV value chain003879
Wallbox to establish EVSE manufacturing facility in Arlington, Texas
EVSE manufacturer Wallbox has selected Arlington, Texas as the location of its first US manufacturing facility. The 130,000-square-foot plant will have enough capacity to support Wallbox’s expansion plans in North America for the next decade. Wallbox expects to manufacture a total of 290,000 units annually at this facility by 2027, and reach its full capacity… Continue reading Wallbox to establish EVSE manufacturing facility in Arlington, Texas
Xos, Cox Automotive Mobility Partner to Reuse Battery Packs
Cox Automotive Mobility, Spiers New Technologies, and Xos share a common mission in supporting practices that enable the extension of an EV battery’s life cycle. Photo: Spiers New Technologies Xos, Inc. (NASDAQ: XOS), a manufacturer of fully electric Class 5 to Class 8 commercial vehicles, announced Sept. 23 a strategic collaboration with Cox Automotive Mobility… Continue reading Xos, Cox Automotive Mobility Partner to Reuse Battery Packs
Last Mile Delivery Startup MetroSpeedy Closes $5M Seed Funding
NEW YORK, Sept. 23, 2021 /PRNewswire/ — MetroSpeedy, a fast growth, last-mile delivery software and services company with innovative solutions, today announced the close of $5 million in seed funding for technological advancement, additional fulfillment hubs, expansion into new markets, and talent acquisition. AddVenture Fund led the round of financing, which included strategic investments from TMT… Continue reading Last Mile Delivery Startup MetroSpeedy Closes $5M Seed Funding
Strategic Investment in proteanTecs from Industry Leaders MediaTek and Advantest Joined by Porsche Automobil Holding SE to Advance Electronics Health Monitoring
HAIFA, Israel, Sept. 23, 2021 /PRNewswire/ — proteanTecs, a global leader in deep data solutions for advanced electronics, announced today a $50 million extension to their Growth Equity Round, demonstrating accelerated market adoption of system health and performance monitoring across multiple verticals. The round extension was led by Koch Disruptive Technologies (KDT) and joined by… Continue reading Strategic Investment in proteanTecs from Industry Leaders MediaTek and Advantest Joined by Porsche Automobil Holding SE to Advance Electronics Health Monitoring
Zoomlion Leads Industry to Reach Peak Carbon Emissions and Carbon Neutrality with Green Intelligent Manufacturing and Products
CHANGSHA, China, Sept. 23, 2021 /PRNewswire/ — As countries move towards peak carbon emissions and carbon neutrality goals in line with The Paris Agreement, Zoomlion Heavy Industry Science & Technology Co., Ltd. (“Zoomlion”; 1157.HK) is leading the industry by promoting green transformation and development through building intelligent green factories and continuously upgrading manufacturing processes, striving… Continue reading Zoomlion Leads Industry to Reach Peak Carbon Emissions and Carbon Neutrality with Green Intelligent Manufacturing and Products
Sixt Raises Revenue Forecast for 2021
The updated earnings forecast is already at 2019 levels. Sixt says the positive development can be attributed to holiday business. Photo courtesy of Sixt. Sixt’s managing board has increased the previous forecast for its 2021 financial year. The company’s mobility services business has developed more positively than expected in recent months amid the ongoing COVID-19 pandemic.… Continue reading Sixt Raises Revenue Forecast for 2021
LG to Acquire Israeli Vehicle Cybersecurity Risk Assessment Solution Provider Cybellum
September 23, 2021 LG to Acquire Israeli Vehicle Cybersecurity Risk Assessment Solution Provider Cybellum Open share list Share this content. Deal Helps LG Develop More Secure Auto Software, Enhance Growing Vehicle ComponentsBusiness and Allows Cybellum to Expand Security Solutions to Global Customers SEOUL, Sep. 23, 2021 — LG Electronics’ (LG) board of directors has approved… Continue reading LG to Acquire Israeli Vehicle Cybersecurity Risk Assessment Solution Provider Cybellum