BLACKSBURG, Va., Jan. 6, 2022 /PRNewswire/ — Torc Robotics will open its third U.S. location — in Austin, Texas, in early 2022. The approximately 21,000-square-foot office will complement the self-driving truck firm’s Blacksburg, Virginia, headquarters and its Albuquerque, New Mexico, test center. The expansion coincides with the recent two-year anniversary of Torc joining the Daimler… Continue reading Torc Robotics expands footprint with new engineering office in Austin, Supporting fast growth in drive to commercialize self-driving trucks
Tag: Strategy
David Slump succeeds Beda Bolzenius as Marelli’s new CEO
Leading global automotive supplier, Marelli has announced that following almost four years with the company, Beda Bolzenius is retiring and will stand down as CEO and president. He will be succeeded by David Slump effective immediately. Dinesh Paliwal, partner at KKR and executive chairman, Marelli said, “I want to thank Beda for his dedication and… Continue reading David Slump succeeds Beda Bolzenius as Marelli’s new CEO
@niche: WL Plastics Completes Acquisition of Charter Plastics’ Titusville, Pennsylvania Site001541
WL Plastics Corporation has announced it has completed the acquisition of the polyethylene pipe extrusion assets of Charter Plastics, Inc. located in Titusville, Pennsylvania. This strategic acquisition provides the opportunity for WL Plastics to further diversify its product offerings, expand its customer base, and enter new regional markets. The Titusville site and associated assets have… Continue reading @niche: WL Plastics Completes Acquisition of Charter Plastics’ Titusville, Pennsylvania Site001541
VINFAST ANNOUNCES ITS ALL ELECTRIC STRATEGY AND FULL ELECTRIC VEHICLE LINEUP AT CES 2022
Following its US debut at the 2021 LA Auto Show, VinFast is taking important steps towards a sustainable future of mobility as it is announcing it will stop producing vehicles with internal combustion engines (ICE) by the end of 2022. VinFast will focus research and development efforts on all-electric powertrains for their vehicles. This bold… Continue reading VINFAST ANNOUNCES ITS ALL ELECTRIC STRATEGY AND FULL ELECTRIC VEHICLE LINEUP AT CES 2022
@GM: The Pickup Reimagined: Introducing the 2024 All-Electric Chevrolet Silverado January 5, 2022
Offering 400 miles of driving range, up to 10,000 pounds trailering capacity and loaded with high-tech innovations DETROIT – Today, Chevrolet introduced the 2024 Silverado EV — the reimagining of the brand’s best-selling nameplate, packed with the power and capability expected of Chevy Trucks, offering: Expected GM-estimated 400-mile range1 on a full charge offered on… Continue reading @GM: The Pickup Reimagined: Introducing the 2024 All-Electric Chevrolet Silverado January 5, 2022
@Hyundai: Kia Canada achieves historic record-breaking year in 2021
Kia reported a total of 79,198 units sold in Canada in 2021, making it the brand’s best year ever The company finishes 2021 with 7 months of record sales, despite a challenging year for the industry Kia’s outstanding year includes an all-time record-breaking June, which saw the automaker’s best-ever sales month in their over twenty-year… Continue reading @Hyundai: Kia Canada achieves historic record-breaking year in 2021
Volvo partners with Luminar and Zenseact to bring autonomous driving feature to new e-SUV
Volvo Cars is working with lidar company Luminar and its autonomous driving (AD) software subsidiary Zenseact to introduce an AD feature to its next generation of fully electric cars, the automaker said on Wednesday at CES. The company aims to first introduce the feature, named “Ride Pilot,” as an add-on subscription to an electric SUV… Continue reading Volvo partners with Luminar and Zenseact to bring autonomous driving feature to new e-SUV
BorgWarner Sells Water Valley, Mississippi Facility to Atar Capital
– Divestiture consistent with BorgWarner’s Charging Forward Strategy AUBURN HILLS, Mich., Jan. 5, 2022 /PRNewswire/ — BorgWarner Inc. (“BorgWarner”) has sold its Water Valley, Mississippi facility to Atar Capital. The sale is consistent with Project Charging Forward, BorgWarner’s accelerated electrification strategy which the Company announced in March 2021. Outlined in this strategy is a target… Continue reading BorgWarner Sells Water Valley, Mississippi Facility to Atar Capital
@Daimler: Mercedes-Benz Vans: Electrifying plans for the motorhome industry
Stuttgart. In recent years, Mercedes‑Benz Vans has increasingly established itself in the motorhome market with its compact ‘in-house’ Marco Polo camper van family; and also as a successful basic vehicle supplier for motorhome manufacturers worldwide – and that across its entire vans portfolio. Now the brand with the three-pointed star is taking the next step and… Continue reading @Daimler: Mercedes-Benz Vans: Electrifying plans for the motorhome industry
@FCA: Amazon, Stellantis Collaborate to Introduce Customer-centric Connected Experiences Across Millions of Vehicles
January 5, 2022 , Seattle/Amsterdam – Amazon (NASDAQ: AMZN) and Stellantis N.V. (NYSE/MTA/Euronext Paris: STLA), a leading global automaker and mobility provider, today announced a series of global, multi-year agreements that will transform the in-vehicle experience for millions of Stellantis customers and advance the mobility industry’s transition to a sustainable, software-defined future. Stellantis will accelerate its… Continue reading @FCA: Amazon, Stellantis Collaborate to Introduce Customer-centric Connected Experiences Across Millions of Vehicles