Geely Automobile Holdings Limited (HK.0175) announced an investment of US$50 million into ECARX Geely Automobile Holdings Limited will acquire approximately 1.51% of ECARX as a result of investment 2021 September 07th, Hong Kong. Geely Automobile Holdings Limited (HK.0175) announced that it has signed a strategic investment agreement with ECARX Technology Co. Ltd.(ECARX) to acquire approximately… Continue reading @Geely: Geely Auto Invests in Leading Automotive Intelligence Technology Solutions Provider ECARX
Tag: Strategy
Tesla Gigafactory Texas attracts suppliers as production nears
A new report shows that several known Tesla suppliers are showing in Texas as the automaker is about to start production at its Gigafactory in Austin. Tesla Gigafactory Texas is an important project for the automaker. It is the first vehicle factory that Tesla is building from the ground up in the US. The automaker… Continue reading Tesla Gigafactory Texas attracts suppliers as production nears
@Hyundai: Hyundai Motor Group Presents Its Vision to Popularize Hydrogen by 2040 at Hydrogen Wave Forum
Hyundai Motor Group (the Group) announces Hydrogen Vision 2040, to popularize hydrogen by 2040 for ‘Everyone, Everything and Everywhere’ at Hydrogen Wave Hydrogen Wave represents the Group’s plans for a new ‘wave’ of hydrogen-based products and technologies toward a hydrogen society The Group to introduce next- generation fuel cell system – 100kW and 200kW variations… Continue reading @Hyundai: Hyundai Motor Group Presents Its Vision to Popularize Hydrogen by 2040 at Hydrogen Wave Forum
BP Ventures invests $11.9M in in-car payments provider Ryd to support expansion
BP Ventures, the investing arm of oil and gas giant BP, has announced a €10 million (~$11.9 million) investment in Ryd, a German in-car digital payments provider. The fresh funds will help Ryd expand its service into international markets and build out its offering, according to a statement. Ryd’s service allows users to lump together… Continue reading BP Ventures invests $11.9M in in-car payments provider Ryd to support expansion
Hyundai Motor Group Presents Its Vision to Popularize Hydrogen by 2040 at Hydrogen Wave Forum
Hyundai Motor Group (the Group) announces Hydrogen Vision 2040, to popularize hydrogen by 2040 for ‘Everyone, Everything and Everywhere’ at Hydrogen Wave Hydrogen Wave represents the Group’s plans for a new ‘wave’ of hydrogen-based products and technologies toward a hydrogen society The Group to introduce next- generation fuel cell system – 100kW and 200kW variations… Continue reading Hyundai Motor Group Presents Its Vision to Popularize Hydrogen by 2040 at Hydrogen Wave Forum
Valeo and Leoni join forces aiming for a leading position within zone controllers
Valeo Group | 7 Sep, 2021 | 2 min Valeo, leader in ADAS sensors and related functional software, with a major electronics expertise, and Leoni, leading supplier of wiring systems and power distribution, synergize their strengths to bring the best in class solution for zone controllers, key elements of the future vehicles. Valeo and Leoni… Continue reading Valeo and Leoni join forces aiming for a leading position within zone controllers
Bosch targets a billion euros from e-mobility business this year
As the automotive industry worldwide makes the transition to electric mobility, component and technology companies are benefitting from the shift. One example is Bosch, whose product portfolio includes everything from e-bikes to construction equipment, from silicon carbide chips to pre-integrated e-axle modules. Bosch says it is growing twice as fast as the market and expects to… Continue reading Bosch targets a billion euros from e-mobility business this year
Bosch does away with the “charging brick”
Mobility Solutions is the largest Bosch Group business sector. It generated sales of 42.1 billion euros in 2020, and thus contributed 59 percent of total sales from operations. This makes the Bosch Group one of the leading automotive suppliers. The Mobility Solutions business sector pursues a vision of mobility that is safe, sustainable, and exciting,… Continue reading Bosch does away with the “charging brick”
IAA Mobility: climate-friendly solutions for all kinds of mobility – Bosch is generating sales of more than one billion euros with electromobility
Mobility Solutions is the largest Bosch Group business sector. It generated sales of 42.1 billion euros in 2020, and thus contributed 59 percent of total sales from operations. This makes the Bosch Group one of the leading automotive suppliers. The Mobility Solutions business sector pursues a vision of mobility that is safe, sustainable, and exciting,… Continue reading IAA Mobility: climate-friendly solutions for all kinds of mobility – Bosch is generating sales of more than one billion euros with electromobility
@Hyundai: Hyundai Motor Presents Carbon Neutral Commitment at IAA Mobility 2021
Seoul/Munich, September 6, 2021 — Hyundai Motor Company today announced its commitment to become carbon neutral by 2045 at IAA Mobility 2021. Hyundai’s integrated strategy to achieve carbon neutrality rests on the following three pillars: clean mobility, next-generation platforms, and green energy. Hyundai is showcasing the full breadth of its electrified vehicle lineup and latest solutions… Continue reading @Hyundai: Hyundai Motor Presents Carbon Neutral Commitment at IAA Mobility 2021