Michelin acquires AirCaptif, a specialist in ultralight inflatable structures AirCaptif, a French startup with an innovative know-how, and a specialist in ultralight inflatable structures A confirmed desire by the Group to invest in France, in extremely innovative fields that create jobs. Michelin has acquired 100% ownership of the company AirCaptif, an innovative French startup with… Continue reading Michelin acquires AirCaptif, a specialist in ultralight inflatable structures
Tag: Strategy
ZF and CATL Join Forces for an Optimal Aftermarket Service in E-Mobility and Energy Storage
ZF and CATL signed a global strategic partnership agreement to push forward cooperation in aftermarket services The partnership will improve the core competitiveness of both ZF and CATL in e-mobility Both sides will play a greater role globally in building up sustainable automotive & industrial ecosystem NINGDE, China, Nov. 19, 2021 /PRNewswire/ — On November… Continue reading ZF and CATL Join Forces for an Optimal Aftermarket Service in E-Mobility and Energy Storage
Comet Raises $50M in Series B Funding
Comet, a NYC-based provider of the development platform for enterprise machine learning (ML) teams, raised $50m in Series B funding. The round was led by OpenView, with participation from existing investors Scale Venture Partners, Trilogy Equity Partners and Two Sigma Ventures. In addition, Ofer Bengal, Founder and CEO of Redis, and Dr. Oren Etzioni, CEO at… Continue reading Comet Raises $50M in Series B Funding
GM and Ford ink supplier partnerships to combat chip crisis
American carmakers GM and Ford are taking steps to mitigate the impact of the global semiconductor supply chain crisis, which has adversely impacted the automakers the world over. The just-in-time production bubble has burst catastrophically, the problems accelerated by earthquakes, floods and fires at various manufacturing locations around the world, and exacerbated again by the Covid pandemic in Asia, where… Continue reading GM and Ford ink supplier partnerships to combat chip crisis
@Ford: GlobalFoundries, Ford to Address Auto Chip Supply and Meet Growing Demand
Agreement aims to build and strengthen a collaborative model to accelerate the next wave of innovation in automotive chip design Malta, New York, and Dearborn, Mich., Nov. 18, 2021 – GlobalFoundries Inc. (Nasdaq: GFS) (GF), a global leader in feature-rich semiconductor manufacturing, and Ford Motor Company (NYSE: F) today announced a strategic collaboration to advance… Continue reading @Ford: GlobalFoundries, Ford to Address Auto Chip Supply and Meet Growing Demand
Ford Announces Partnership to Assure Steady Flow of U.S.-Made Chips
About two months ago, the chief executives of Ford Motor and GlobalFoundries, a semiconductor supplier, spent several hours discussing the chip shortage vexing automakers and disrupting production around the world. On Thursday, the companies revealed the result of that meeting — a collaboration aimed at increasing chip manufacturing in the United States and improving Ford’s… Continue reading Ford Announces Partnership to Assure Steady Flow of U.S.-Made Chips
Sono Motors has gone public, aims to get Sion solar electric vehicle to market by 2023
The idea for Sono Motors, the company that wants to power every electric vehicle using solar power, started nine years ago in a Munich basement when two entrepreneurial 18-year-olds starting spitballing solutions to society’s dependence on fossil fuels. Jona Christians and Laurin Hahn, Sono Motors’ co-founders, weren’t that into cars, but they recognized how much… Continue reading Sono Motors has gone public, aims to get Sion solar electric vehicle to market by 2023
BorgWarner Awarded Grant to Launch e-Product in Cadillac, Michigan Plant
CADILLAC, Mich., Nov. 18, 2021 /PRNewswire/ — BorgWarner Thermal Systems has been awarded a grant to grow its electric vehicle business and is set to launch a new high-voltage coolant heater (HVCH) at its existing facility in Cadillac, Michigan. The electrification project is expected to generate a total capital investment of $11.2 million and create… Continue reading BorgWarner Awarded Grant to Launch e-Product in Cadillac, Michigan Plant
@BMW: BMW Manufacturing to Expand Plant Logistics Operations.001598
Spartanburg, S.C. – November 18, 2021… BMW Manufacturing announced today that it will expand its logistics operations to a new building being developed across Interstate 85 from the plant. The facility, located off Freeman Farm Road, is being constructed by Becknell Industrial. Total investment in the project is approximately $100 million. When completed, the new logistics… Continue reading @BMW: BMW Manufacturing to Expand Plant Logistics Operations.001598
Hyundai Debuts All-Electric SUV Concept at LA Auto Show
Hyundai Motor Company presents its all-electric SUV concept SEVEN at AutoMobility LA. Photo: Louis Prejean Hyundai Motor Company debuted its all-electric SUV concept, SEVEN, at AutoMobility LA in the Los Angeles Convention Center on Nov. 17. The SUV concept was showcased on stage in front of a video presentation featuring José Muñoz, president and CEO… Continue reading Hyundai Debuts All-Electric SUV Concept at LA Auto Show