Tag: Manufacturing

@BMW: BMW i Ventures Invests in Inventory Optimization Software Company Verusen to Fuel Intelligent, Connected Supply Chains.000874

Mountain View, CA – January 28, 2021… BMW i Ventures announced today an investment in the Series A financing of Verusen, which provides an AI-driven inventory optimization solution to fuel the intelligent, connected supply chain. The funds will be used to support the company’s seven-fold sales growth in 2020, including its global expansion and scaled… Continue reading @BMW: BMW i Ventures Invests in Inventory Optimization Software Company Verusen to Fuel Intelligent, Connected Supply Chains.000874

Japan’s Renesas moves more automotive chip production in-house

TOKYO — Japan’s Renesas Electronics is fabricating more of its automotive semiconductors in-house as contract manufacturers are swamped with orders, Nikkei learned Thursday. The switch primarily affects 40-nanometer microcontrollers, as Renesas appears to have lifted the ratio of in-house fabrication for that item. The company did not disclose the scale of the shift. Much of… Continue reading Japan’s Renesas moves more automotive chip production in-house

TSMC puts auto chip output in fast lane to ease global crunch

TAIPEI — Taiwan Semiconductor Manufacturing Co. is to fast-track crucial chips for cars in a dramatic move by the world’s biggest contract chipmaker to ease a semiconductor shortage that is crippling the global automotive industry, Nikkei Asia has learned. TSMC expects to bring in so-called “super hot runs” for automotive chips to cut production cycle… Continue reading TSMC puts auto chip output in fast lane to ease global crunch

New 2022 Toyota Aygo gears up for launch in winter tests

A production-ready prototype for Toyota‘s new-generation Aygo has been winter testing ahead of the model’s expected unveiling around the end of this year.  New images give a much clearer idea of what to expect from Toyota’s reborn city car, and suggest that the Aygo is in an advanced stage of testing.  Familiar Aygo design cues include slim… Continue reading New 2022 Toyota Aygo gears up for launch in winter tests

UK car industry needs “significant investment”, says SMMT

It would be “really tough” and require “significant investment” for the UK to return to its recent high point of 1.7 million cars built annually. That’s according to the Society of Motor Manufacturers and Traders (SMMT) boss Mike Hawes, who announced that UK car production in 2020 fell below one million units, to 920,928, the lowest level… Continue reading UK car industry needs “significant investment”, says SMMT

Tesla Slumps After First Results as a Blue Chip Disappoint

(Bloomberg) — Tesla Inc. reported lower-than-expected profit and record revenue, mixed results that disappointed investors used to razzle-dazzle from the newly minted member of the S&P 500 Index. The electric-vehicle market leader reported an adjusted fourth-quarter profit of 80 cents a share Wednesday, falling short of analysts’ consensus for $1.03 and well below the blowout… Continue reading Tesla Slumps After First Results as a Blue Chip Disappoint

General Motors, the Largest U.S. Automaker, Plans to be Carbon Neutral by 2040

DETROIT, Jan. 28, 2021 /PRNewswire/ —   GM plans to be carbon neutralⁱ by 2040 in its global products and operations GM aspires to eliminate tailpipe emissions from new light-duty vehicles by 2035 GM has committed to the Business Ambition Pledge for 1.5⁰C Today, GM announced that it plans to become carbon neutral in its… Continue reading General Motors, the Largest U.S. Automaker, Plans to be Carbon Neutral by 2040

Tesla Teases Electric Van, Sees Delivery Surge While Earnings Miss

TipRanks 2 Big Dividend Stocks Yielding at Least 7%; Raymond James Says ‘Buy’ For investors seeking a strong dividend player, there are some market segments that are known for their high-yield dividends, making them logical places to start looking for reliable payers. The hydrocarbon sector, oil and gas production and mainstreaming, is one of these.… Continue reading Tesla Teases Electric Van, Sees Delivery Surge While Earnings Miss

@Geely: Kandi Contracts to Sell 3,000 EVs to Rideshare Partner

Jinhua, China, Jan. 28, 2021 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the “Company” or “Kandi”) announced today that one of its subsidiaries, Kandi Electric Vehicles (Hainan) Co., Ltd. (Kandi Hainan) signed a contract to sell 3,000 model K23 electric cars to an operating company in its ride-sharing alliance. The cars will… Continue reading @Geely: Kandi Contracts to Sell 3,000 EVs to Rideshare Partner