Magna International Inc. Magna eDrive Magna’s eDrive systems deliver smooth, high-performance electric propulsion with scalable architecture for a wide range of BEVs New facility in Wuhu to produce electric drives for Chery and support future growth Magna advances electrification capabilities and market reach in China Expansion expected to create approximately 200 new jobs AURORA, Ontario,… Continue reading Magna Deepens China Footprint to Meet Growing EV Demand
Tag: Mobility
Dana and Allison Announce All Required Regulatory Approvals Received for Off-Highway Business Transaction
MAUMEE, Ohio and INDIANAPOLIS, Nov. 19, 2025 /PRNewswire/ — Dana Incorporated (NYSE: DAN) and Allison Transmission Holdings, Inc. (NYSE: ALSN) today announced that all required regulatory approvals related to the previously announced sale of Dana’s Off-Highway business to Allison have been received. The parties intend to close the transaction at or near the end of this… Continue reading Dana and Allison Announce All Required Regulatory Approvals Received for Off-Highway Business Transaction
Non-Volatile Memory Market Share to Hit USD 104.49 Billion at 5.8% CAGR Growth | Valuates Reports
BANGALORE, India, Nov. 19, 2025 /PRNewswire/ — What is the Market Size of Non-Volatile Memory? The global market for Non-Volatile Memory was valued at USD 70880 Million in the year 2024 and is projected to reach a revised size of USD 104490 Million by 2031, growing at a CAGR of 5.8% during the forecast period.… Continue reading Non-Volatile Memory Market Share to Hit USD 104.49 Billion at 5.8% CAGR Growth | Valuates Reports
Shield AI and Destinus Partner to Integrate Hivemind Across Platforms in Support of Ukraine and European Defense
ROTTERDAM, Netherlands, Nov. 19, 2025 /PRNewswire/ — Shield AI and Destinus today announced a strategic partnership to integrate Hivemind, Shield AI’s mission autonomy software, across Destinus’ aerial platforms. Together, the companies are creating the first scalable, cross-platform autonomy architecture jointly developed by next-generation defense leaders in Europe and the United States. By combining Shield AI’s battle-proven… Continue reading Shield AI and Destinus Partner to Integrate Hivemind Across Platforms in Support of Ukraine and European Defense
Shield AI and Destinus Partner to Integrate Hivemind Across Platforms in Support of Ukraine and European Defense
ROTTERDAM, Netherlands, Nov. 19, 2025 /PRNewswire/ — Shield AI and Destinus today announced a strategic partnership to integrate Hivemind, Shield AI’s mission autonomy software, across Destinus’ aerial platforms. Together, the companies are creating the first scalable, cross-platform autonomy architecture jointly developed by next-generation defense leaders in Europe and the United States. By combining Shield AI’s battle-proven… Continue reading Shield AI and Destinus Partner to Integrate Hivemind Across Platforms in Support of Ukraine and European Defense
MG Windsor Reaches 50,000 Sales Milestone in Record Time
JSW MG Motor India announced that the MG Windsor electric vehicle has surpassed 50,000 units sold in under 400 days, establishing a new benchmark in India’s electric vehicle market. The achievement positions the MG Windsor as the first four-wheeler EV in India to reach this sales figure in such a short timeframe. The vehicle maintained… Continue reading MG Windsor Reaches 50,000 Sales Milestone in Record Time
@FCA: Alfa Romeo Celebrates Italian Performance and Craftsmanship at 2025 LA Auto Show
November 19, 2025 , Auburn Hills, Mich. – Alfa Romeo announces pricing for the new 2026 Tonale, which makes its North American debut at the 2025 Los Angeles Auto Show, reinforcing the premium compact SUV’s position as a standout in the segment. The brand’s ultra-exclusive supercar, the 630-horsepower 33 Stradale, also makes its North American auto… Continue reading @FCA: Alfa Romeo Celebrates Italian Performance and Craftsmanship at 2025 LA Auto Show
German Handelsblatt: Comment: The luxury strategy at Mercedes is giving way to pragmatism011872
Demand for top cars is not as resilient in the economic crisis as CEO Ola Källenius initially assumed. He now has to focus on another project. Go to Source
HERE-SBD EV Index 2025: India’s EV boom outpaces its charging network
The EV market in India is maturing fast. Demand is rising and drivers are optimistic about an electric future. However, slow-moving infrastructure is failing to keep pace with the growth. The insights are from the HERE-SBD EV Index 2025, which ranks countries, states and territories based on infrastructure readiness and EV adoption. The India edition… Continue reading HERE-SBD EV Index 2025: India’s EV boom outpaces its charging network
Pactum Appoints Former SAP Business Network CPO Paige Wei-Cox as Chief Product Officer to Drive Next Phase of Growth
The appointment marks a pivotal step in Pactum’s evolution as a leading enterprise platform trusted by global organizations MOUNTAIN VIEW, Calif., Nov. 19, 2025 /PRNewswire/ — Pactum, the pioneer in agentic AI for enterprise procurement, today announced the appointment of Paige Wei-Cox as Chief Product Officer, effective December 1, 2025. As a recognized expert in… Continue reading Pactum Appoints Former SAP Business Network CPO Paige Wei-Cox as Chief Product Officer to Drive Next Phase of Growth