Menu
Filters
Your Selections
    [clear all]
    Asset
    Published
    Service
    Topical Categories
    Supplier
    OEM
    Region / Country/Territory
    Major revision for global light vehicle production forecast – what it means for OEMs’ technology deployment
    The IHS Markit light vehicle production forecast has been cut by 6.2% or 5.02 million units in 2021, and by 9.3% or 8.45 million units in 2022, to stand at 75.8 million units and 82.6 million units, respectively. For 2023, we have reduced the forecast by 1.05 million units or 1.1% to 92 million unit...
    What Fit for 55 means for all member nations in the European Union
    Unveiling a roadmap to make Europe the world’s first climate neutral continent by 2050, the European Commission rolled out the ‘Fit for 55’ package on 14 July 2021, proposing that the suggestions made by the governing body be made legally binding for all members of the European Union (EU). ...
    19-Aug-2021 Insights Policy & Regulation Pinned
    ParkMobile expands business to Puerto Rico
    ParkMobile has announced expansion into Puerto Rico through a partnership with DISTRITO T-Mobile, it said in a press release on 20 October. Visitors will be able to pay via their mobile phones at nearly 3,000 spaces in the property. ParkMobile plans to add parking reservations to DISTRITO T-Mobile f...
    Microchip announces release of ISO26262 functional safety packages
    According to a press release published on PR Newswire on 20 October, Microchip Technology is now offering newly certified functional safety packages to enable engineers to develop products in accordance with the ISO 26262 functional safety standard. Microchip has announced the availability of ISO...
    Apple granted patent for vehicle active suspension design
    The patent, filed in 2018 under the category ‘Lateral and Longitudinal Vehicle Attitude Control’, details an active suspension design with two different actuators parallelly linking the sprung and unsprung masses of the vehicle. Apple details the first actuator to be of an electromagnetic linear...
    Battery startup Our Next Energy raises USD25 million in series-A funding round
    Michigan-based battery startup Our Next Energy Inc. (ONE) announced on 18 October that it has closed a USD25 million series-A funding round led by Breakthrough Energy Ventures. The fundraise was also joined by other prominent investors, including BMW i Ventures, Assembly Ventures, Flex, and Volta En...
    Amazon-owned Zoox to test self-driving cars in Seattle, US
    Amazon’s Zoox is expanding its operations to Seattle, TechCrunch reported on 18 October. The company is set to open an engineering office and operations facility and test its autonomous vehicles in 2022. Zoox will be testing its Level 3 fleet, comprising of Toyota Highlander SUVs equipped with an ...
    Wejo to provide real-time data to Microsoft Mapping Services
    Wejo has expanded the scope of its collaboration with Microsoft, it said in a press release on 19 October. The partnership will help integrate its real-time mapping and traffic data with Microsoft mapping services to deliver enhanced accuracy, safety, and efficiency to its location services. Wejo’...
    Senmiao Technology announces ride-hailing platform operating metrics for September 2021
    Senmiao Technology, a company focused on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced the operating metrics for its proprietary online ride-hailing platform for the month of September 2021, according to a press release PR N...
    Solvay to develop next-gen solid-state battery electrolytes using EU funding
    Belgian chemical company Solvay announced via press release on 19th October that it had started developing the next generation of solid-state electrolytes for electric vehicle (EV) batteries using funding provided by the EU Important Projects of Common European Interest (IPCEI) programme. Accordi...
    KIA rebrands in-vehicle and app telematics system to KIA CONNECT
    Kia has re-named its in-car and app-based telematics system UVO Connect to Kia Connect, the automaker said in a press release on 29 September. Kia Connect has a series of features to enhance vehicle connectivity, functionality, and user control. Kia Connect will be initially rolled out across Europe...
    Nippon Steel sues Toyota and Baosteel over electrical steel sheet patent infringement
    Japanese steelmaker Nippon Steel announced via press release on 14th October that it had filed lawsuits seeking compensatory damages before Tokyo District Court against Chinese steelmaker Baosteel and Japanese OEM Toyota alleging their infringement of Nippon’s patent relating to non-oriented elect...
    Tesla releases mobile app update with new widgets and Powerwall features
    Tesla has released a new mobile app update with new features, Electrek reported on 14 October. A remote live view feature from Autopilot cameras is made available. The new v4.2 update brings in bigger widgets to iOS and Powerwall features. The larger iOS widget to include quick controls. Solar an...
    Honda announces its vehicle electrification strategy in China
    Japanese vehicle manufacturer Honda Motor Company unveiled its vehicle electrification strategy for the China market in a virtual press conference on 13 October. As part of its electrification strategy for the world’s largest car market, all new models to be launched in China after 2030 will be hy...
    ITS World Congress 2021: 5GAA updates on latest C-V2X developments
    The 5G Automotive Association (5GAA) spoke about latest developments related to cellular vehicle-to-everything (C-V2X) at the ITS World Congress 2021 at Hamburg, Germany. In a press release dated 14 October, 5GAA said 5G-powered vehicles are expected to hit European market this year and the increase...
    Electric Last Mile Solutions opens Urban Mobility Lab in San Francisco
    Michigan-based manufacturer of light electric commercial vehicles, Electric Last Mile Solutions Inc (ELMS) announced the opening of its ‘Urban Mobility Lab’ in San Francisco, the company said in a press release on 13 October. The new Urban Mobility Lab would be ELMS’ new technology hub for inn...
    NXP Semiconductors selects AWS as its preferred cloud provider to power electronic design automation in the cloud
    According to a press release issued by Business Wire on 14 October, Amazon Web Services announced that NXP Semiconductors N.V. has selected AWS as its preferred cloud provider and is migrating the vast majority of its electronic design automation (EDA) workloads from NXP data centers to AWS. NXP'...
    Startup WeRide launches China’s first level 4 self-driving cargo van
    According to a press release published on PR Newswire on 15 October, WeRide entered the urban logistics industry with the unveiling of WeRide Robovan, China's first Level 4 self-driving cargo van. In a strategic collaboration, the company will work with Jiangling Motors (JMC), a major Chinese aut...
    Supplier Novares seeks damages from automakers over cancelled orders
    According to a Reuters press release dated 15 October, French auto supplier Novares is suing its customers for tens of millions of euros in damages after a global shortage of semiconductor chips forced many carmakers to halt production and cancel orders. Novares, which manufactures plastic compon...
    ISO 9001 certification restored for Akebono's four manufacturing subsidiaries
    Japanese manufacturer of brake products Akebono announced via press release on 14 October that the ISO 9001 certification had been restored for its Yamagata, Fukushima, Iwatsuki, and Sanyo brake product manufacturing subsidiaries. According to the press release, the ISO quality management ce...
    Solid-state battery startup LiNa Energy raises USD4.8 million in seed funding round
    LiNa Energy has raised GBP3.5 million (about USD4.8 million) in a seed funding round from a combination of existing and new investors, the solid-state battery startup announced in a press release on 12 October. The funding will enable the company to advance their technology through expanding their l...
    SEA-NI V2X Bench Tester and the SEA-NI V2X Sniffer gets OmniAir Qualified Test Equipment certification
    NI and S.E.A. have jointly announced that SEA-NI V2X Bench Tester and the SEA-NI V2X Sniffer have received OmniAir Qualified Test Equipment (OQTE) certification, according to a press release on 12 October. The products become the first modular bench test solution for cellular vehicle-to-everything (...
    Hyundai Motor builds 'Autonomous Driving Test Bed' at Namyang R&D Center
    Hyundai Motor will construct an autonomous driving test bed at the Hyundai and Kia Namyang Technology Research Institute in Hwaseong, Gyeonggi Province, according to a press release published on Business Korea on October 12th. The autonomous driving test bed project is divided into three tasks: o...
    Startup Pony.ai to start driverless tests on public roads in Beijing
    According to a press release published on Business Newswire on October 15th, Silicon Valley-based leading autonomous driving company Pony.ai announced that it has been granted permission to conduct driverless tests on public roads in China's capital city, Beijing. The company is one of only two auto...
    Quanergy extends the range of OPA-based Multi-Beam Solid-State lidar to 130 m
    According to a press release on Business Wire dated 10 October, Quanergy Systems has announced the successful demonstration of its S3 Series lidar, a true solid-state lidar sensor that employs an industry-first Optical Phased Array (OPA) technology and a scalable CMOS silicon manufacturing proc...
    Green Hills Software expands INTEGRITY support to include RISC-V Architecture
    Green Hills Software announced the availability of its safety and security-critical INTEGRITY® real-time operating system (RTOS) for RISC-V in a press release on PR Newswire on 6 October. With this, electronics manufacturers worldwide can confidently build and deploy safety and security-critical, h...
    Tata Motors raises USD1 billion from PE firm TPG, creates a subsidiary for its EV business
    Indian automaker Tata Motors Ltd and private equity firm TPG Rise Climate have entered into a binding agreement whereby TPG Rise Climate along with its co-investor ADQ, would invest about USD1 billion in a subsidiary of Tata Motors that will be newly incorporated, the company announced on 12 October...
    LG Electronics agrees to pay USD1.9 billion to General Motors for sharing Bolt EV recall expenses
    General Motors and LG Electronics Inc have reached an agreement under which the Korean supplier of electric vehicle (EV) batteries will reimburse the automaker the costs and expenses associated with the recall of Chevrolet Bolt EVs and EUVs due to manufacturing defects in battery modules, GM announc...
    FREYR forms equal JV with Koch Strategic Platforms to set up 50-GWh Gigafactory in the US
    FREYR Battery has formed an equal joint venture (JV) with Koch Strategic Platforms (KSP) to develop an initial 50 GWh of Gigafactory-scale battery cell manufacturing capacity in the US, the company said in a press note on 12 October. The JV aims to produce next-generation battery cells for energy st...
    Startup Hailo raises USD136 million series C funding to fuel AI chip production
    According to a press release published on 11 October in the electronic weekly, Hailo, an artificial intelligence (AI)-focused chipmaker based in Israel, has raised USD136 million in a private funding round led by Poalim Equity and Gil Agmon. Existing investors included Israeli entrepreneur a...
    EU funded project L3Pilot presents automated driving functions in Hamburg
    According to an official press release, the European research project L3Pilot, led by Volkswagen AG and cofunded by the European Commission, will demonstrate automated driving functions in Hamburg and on nearby highways. The L3Pilot partners will present the results of a four-year collaborative e...
    Indian EV technology startup Ola Electric raises USD200 million in a new funding round
    Bangalore-based electric vehicle (EV) technology startup, Ola Electric has raised more than USD200 million in a new funding round at a valuation of USD3 billion, TechCrunch reported on 30 September. The publication said that while the Bangalore-based startup’s financing round was led by Falcon Edg...
    Mitsubishi releases myQ Connected Garage for Outlander and Eclipse Cross vehicles through Apple CarPlay
    Mitsubishi has announced that its Outlander and Eclipse Cross drivers with the My Mitsubishi Connect app and a myQ Connected Garage can now use garage control from their in-vehicle touch screen using Apple CarPlay, according to a company press release on 11 October. It is available in select model&n...
    Chinese EV startup WM Motor expects to raise over USD300 million in series D1 funding round
    WM Motor Holdings Limited, an EV startup from mainland China, is expecting to raise over USD300 million in series D1 funding round, which is led by PCCW Limited and Shun Tak Holdings Limited, it said in a press release on 5 October. The ongoing financing round is also joined by other investors inclu...
    Shell plans to install 50,000 ubitricity EV charge posts across UK by 2025
    Shell plans to install 50,000 on-street electric vehicle (EV) charge posts across the UK by the end of 2025, through its EV charging arm ubitricity, the company had said in a press release on 1 September. The company said that while around 3,600 ubitricity EV chargers are already in place in...
    Trustonic joins Renesas R-Car consortium to increase the availability of cybersecurity solutions in the connected vehicle market
    Trustonic announces the availability of Kinibi 510 on Renesas' R-Car Gen3 automotive reference platform in an official press release dated 7 October. This advancement will facilitate and support collaboration and partnerships within the connected car and electric vehicle (EV) ecosystems. Andrew T...
    Toyota Research Institute announces machine learning advances at the International Conference on Computer Vision
    Toyota Research Institute (TRI) announced the acceptance of six research papers in the field of machine learning at the International Conference on Computer Vision (ICCV) on the 11 October, according to a press release on PR Newswire. The study improves understanding in a variety of tasks critical f...
    Volkswagen presents intelligent mobility solutions at ITS World Congress 2021
    Volkswagen presents intelligent mobility solutions at the ITS World Congress in Hamburg, according to an official press release dated 7 October.Volkswagen Commercial Vehicles, MOIA, and ARGO AI are currently testing an autonomous ridesharing system in a pilot project in Hamburg, with a series produc...
    ParkMobile partners with Leavenworth city for contactless parking payments
    ParkMobile has announced a partnership with the city of Leavenworth, US, under which it will offer a real-time view of space availability and 325 on-street and 350 off-street zone parking spaces for payment in the city, according to a company press release on 8 October. “We love introducing Par...
    AUTOCRYPT to present V2X security solution at ITS World Congress 2021
    According to a press release published on PR Newswire on 8 October, AUTOCRYPT, a leading mobility security solutions provider, has announced its participation in the ITS World Congress 2021 event, which will be held from 11 to 15 October 2021. The ITS World Congress is one of the largest events focu...
    LG Electronics provides ADAS camera module for Mercedes-Benz C-Class
    LG Electronics (LG) announced in an official press release dated 6 October that its innovative advanced driving assistance system (ADAS) camera module is now available in the new 2021 Mercedes-Benz C-Class, which is now being rolled out in markets worldwide. LG's ADAS uses cutting-edge automotive te...
    Grammer AG opens new production plant in Shenyang, mainland China
    Supplier of automotive interior components Grammer AG has opened a new production plant on 28 September in the economic metropolis of Shenyang, mainland China, the company said in a press release on 29 September. The new plant will manufacture high-quality center consoles, armrests, and othe...
    Tritium opens regional office in Singapore, plans to expand APAC, Middle East operations
    Australia-based electric vehicle (EV) DC fast charging equipment manufacturer Tritium Holdings Pty Ltd has opened a new regional office in Singapore as it aims to cater to the increasing demand for EV charging network in the Asia Pacific and Middle East region, the company said in a press release on...
    Lithium extraction technology startup Lilac Solutions raises USD150 million in Series B funding round
    California-based lithium extraction technology startup Lilac Solutions has raised USD150 million in its Series B funding round, it said in a press release issued on 6 October. Lilac said SK Materials, BMW i Ventures, Presidio Ventures (a Sumitomo Corporation Group Company), MCJ Collective, a...
    Faraday Future selects Draexlmaier Group for interior consoles of FF 91
    Faraday Future Intelligent Electric announced Draexlmaier Group as the lead interior consoles supplier for the flagship FF 91 vehicle in an official press release dated 7 October. The FF 91 front and rear centre consoles will be supplied by Draexlmaier. The consoles will include iPad storage, dua...
    Movandi successfully tests 5G mmWave in vehicle
    Movandi has announced test drive results showing success of its 5G mmWave in a moving vehicle using a combination of Movandi BeamXR powered smart repeater with Movandi BeamX cloud software control, machine learning and artificial intelligence (AI), according to a 7 October press release. The test sh...
    Linamar signs manufacturing agreement with startup eMatrix Energy Systems, acquires minority stake
    Canadian powertrain parts supplier Linamar Corporation announced on 28 September that it has entered into an exclusive manufacturing and licensing agreement with Michigan-based eMatrix Energy Systems, Inc. to gain access to latter’s modular battery pack technology. The company said that the agr...
    Tata Power plans to set up 10,000 EV charging station in five years
    Mumbai-based utility company Tata Power Company Ltd is targeting to set up up to 10,000 electric vehicle (EV) charging stations across India over the next five years, news publication ET Auto reported on 6 October. In an interview with the news website, Praveer Sinha, CEO and managing d...
    Peachtree Corners and T-Mobile 5G to launch autonomous shuttle fleet service leveraging C-V2X
    Peachtree Corners has partnered with T-Mobile 5G to launch a new fleet of autonomous shuttles, called Piloting Autonomous Use Locally (PAUL), it said in a press release on 6 October. The service will be implemented by Beep and will operate along Technology Parkway and include stops at popular d...
    General Motors targets EV revenue to grow to USD90 billion per annum by 2030
    Disclosing its strategic growth plans through 2030 on its investor day on 6 October, General Motors’ top leadership said that the company is targeting to grow its projected electric vehicle (EV) revenues from about USD10 million in 2023 to about USD90 million per annum by 2030. GM said it is betti...
    Renesas support ISO/SAE 21434 standard for future automotive microcontrollers and system on chip devices
    According to a press release issued on 6 September, Renesas announced its full commitment to meet the ISO/SAE 21434 road vehicles cybersecurity engineering international standard for its automotive microcontrollers (MCUs) and system-on-chip (SoC) solutions beginning with new developments in January ...
    Yokohama Rubber and Zenrin begin practical testing of tire sensor on inner surface
    According to an official press release dated 6 September, Yokohama Rubber has begun practical testing of a tire sensor attached to the inner surface of the tire. Testing is being carried out on a national scale in collaboration with Zenrin, using test vehicles outfitted with sensor-attached tires. ...
    indie Semiconductor creates business unit for perception-enabled, vision processing solutions for ADAS
    indie Semiconductor has created a business unit focused on high quality perception-enabled, vision processing solutions to address use cases for advanced driver-assistance systems (ADAS)-enabled vehicles, it said in a press release on 5 October. Ramesh Singh will lead indie’s new VisionQ business ...
    GENIVI Alliance renames to Connected Vehicle Systems Alliance, updates on projects
    The GENIVI Alliance has announced that it has been rebranded to the Connected Vehicle Systems Alliance (COVESA), according to a press release on 5 October. The new brand signifies technical focus to connected vehicle systems including in-vehicle, on-edge and in-cloud services, interfaces, and data e...
    Sigma Lithium, LG Energy sign six-year agreement for supply of battery grade lithium
    Canadian mining company Sigma Lithium Corporation has signed a binding term sheet for an offtake agreement on a ‘take or pay’ basis for the sale of 6% battery-grade high purity and environmentally sustainable lithium concentrate to one of the leading electric vehicle (EV) battery makers, LG Ener...
    General Motors to set up battery cell innovation center aimed at lowering EV costs
    General Motors plans to set up an all-new battery cell facility, named Wallace Battery Cell Innovation Center, aimed at significantly expanding the company's battery technology operations and accelerate development and commercialization of longer range, more affordable electric vehicle (EV) batterie...
    Smart Eye announces new design win with Japanese OEM
    Smart Eye announces a new design win with a global Japanese car manufacturer, according to an official press release dated 1 October. Based on estimated product life cycle forecasts, the new order for one new car model on an existing platform is worth SEK25 million (USD2.86 million) The clie...
    Harman gets third Android Auto Projection certification in Poland
    Harman International has announced that its site in Lodz, Poland, has been approved as a third-party laboratory (3PL) for Android Auto Projection (AAP) certifications, according to a press release on 4 October. This will enable the Samsung unit to certify head-units developed by its OEM customers, s...
    Suzuki uses Hitachi Astemo stereo camera in new city car
    Suzuki Motor Co., Ltd. has adopted a stereo camera for the New Wagon R Smile City Car, according to an official press release dated 29 September, according to Hitachi Astemo. Suzuki's first New Wagon R Smile features a passage assist function that allows it to safely navigate narrow roads. The hi...
    HUBER+SUHNER supplies radar antennas to tier-1 automotive supplier
    According to an official press release dated 30 September, HUBER+SUHNER is supplying radar antennas to Continental from series production. Antennas that contribute significantly to next-generation radar applications are included in the scope of supply. HUBER+SUHNER will begin serial production of...
    ZKW provides lighting solutions for new Opel Astra
    According to an official press release dated 28 September, ZKW Group announced that it will supply the new Opel Astra with the “Intelli-Lux” Pixel Lite headlamp. Intelli-Lux delivers a precise and fluid lighting gradient tailored to the specific situation at hand, with a total of 168 LED element...
    Foxconn buys Lordstown Motors’ Ohio plant for USD230 million, future EV programs
    Taiwanese electronic products manufacturer Foxconn and Lordstown Motors Corporation, which makes electric light commercial vehicles (eLCVs), have reached an agreement in principle wherein the former will purchase the latter’s Ohio-based plant for USD230 million, the company announced on 1 October....
    bp invests USD13 million in India’s EV ride hailing and charging startup BluSmart
    Making its first direct investment in India, bp ventures has invested USD13 million in Delhi-based EV ride-hailing and charging startup BluSmart, the company said in a press release on 30 September. bp ventures has led a USD25 million series-A funding round, which also saw investments from Mayfie...
    Adient ends JV in China in a strategic plan to drive business independently
    Supplier of automotive seating systems, Adient announced on 30 September that it has ended its Chinese joint venture—Yanfeng Adient Seating Co., Ltd. (YFAS)—with partner Yanfeng Automotive Trim Systems Ltd. (YF) in a strategic plan to drive its business independently in the world’s largest aut...
    Velodyne Lidar’s intelligent infrastructure solution selected for major deployment in University of California, Irvine Smart Cities Initiative
    According to a press release published on PR Newswire on 28 September, Velodyne Lidar announced that its Intelligent Infrastructure Solution had been chosen by the HORIBA Institute for Mobility and Connectivity2 (HIMaC2) at the University of California, Irvine (UCI) Samueli School of Engineering. As...
    Renesas Electronics to boost semiconductor supply capacity
    According to press release on NIKKEI Asia dated 30 September, Renesas Electronics, a Japanese chipmaker, announced plans to increase its capacity to supply a key component in cars and electronics by more than 50% by 2023, as some industry observers predict a global chip shortage will last into next ...
    5GAA’s event discuss digitalization of road transport in Europe
    The 5G Automotive Association (5GAA) hosted the 5G: Connected Mobility in the Digital Age with European Union (EU) representatives, and the connected automotive ecosystem to discuss the challenges and opportunities due to digitalization of road transport in Europe.  In a press release dated ...
    AEye extends LiDAR IP Leadership with more than 100 patents filed globally
    According to an official press release dated 21 September, AEye has now filed over 100 patents spanning four continents and more than 10 countries. AEye's most recent patents and extensive claims cover a number of ground-breaking concepts that expand new intelligent data collection, data quality, an...
    Startup May mobility launches semi-autonomous shuttle-service in Michigan
    May Mobility announced the launch of its A2GO autonomous shuttle service in Ann Arbor, Michigan, where the company is headquartered, in a press release dated 21 September. The free service will go live on 11 October, and users will be able to hail a ride using an app. The program will use fo...
    Lucid Motors begins production of Lucid Air, customer deliveries to start from October
    California-based electric vehicle (EV) startup Lucid Motors, which kicked off its ‘Production Preview Week’ involving a series of events such as opening the doors of its advanced manufacturing plant (AMP-1) and powertrain plant (LPM-1) located in Casa Grande, Arizona, to investors, customers, an...
    Hyundai opens 2021 EV Open Innovation Challenge
    Hyundai Motor is opening the 2021 EV Open Innovation Challenge, it said in a press release on 28 September. The challenge will help facilitate collaboration with start-ups on projects related to charging infrastructure and service solutions for electric vehicles (EVs). Hyundai intends on discovering...
    Toshiba begins shipments of Pre-Driver IC for automotive brushless motors supporting functional safety
    Toshiba has begun shipping test samples of the "TB9083FTG," a pre-driver IC for automotive applications such as brushless motors for electric power steering systems and electric brakes, according to an official press release dated 27 September. Toshiba will ship final samples in January 2022, and ma...
    Startup Phiar Technologies raises USD12 million in Series A funding round
    Phiar Technologies has raised USD12 million in Series A funding, the startup said in a press release on 27 September. The funding was led by State Farm Ventures that includes new investors Cambridge Mobile Telematics and Telenav, and previous investors Norwest Venture Partners, The Venture Reality F...
    Faurecia launches public takeover offer for HELLA
    According to an official press release dated 27 September, Faurecia, through its wholly owned subsidiary Faurecia Participations GmbH, published the offer document for its cash voluntary public takeover offer for all outstanding shares of HELLA, a major automotive player in lighting and electronics ...
    Sensible 4 plans autonomous public transport service in Northern Norway
    Sensible 4 announced on 21 September that it has partnered with Norway's Mobility Forus to deliver a new autonomous public transportation service north of the Arctic Circle. “Self-driving fleet operation on public streets in urban areas is challenging for any autonomous technology. Doing it in ...
    Geely plans to set up 5,000 EV battery swapping stations for electric cars in China by 2025
    Chinese vehicle manufacturer Geely plans to set up a network of 5,000 battery swapping stations for electric cars in China by 2025, according to a report filed by electrive.com on 27 September. It said that the EV battery swapping service is called as E-Energee, which saw its first battery swapping ...
    Robert Bosch Venture Capital launches new investment platform for China
    The corporate venture arm of the Bosch Group, Robert Bosch Venture Capital GmbH (RBVC) has set up its new investment platform called Boyuan Private Equity Capital Management Company Ltd. (or Boyuan Capital), based in Shanghai, the company announced on 27 September. Boyuan Capital will focus on ma...
    Model-based development center to include 10 Japanese OEMs and suppliers
    Japanese automakers including Subaru, Toyota Motor, Nissan, Honda, and Mazda along with suppliers Aisin, Jatco, DENSO, Panasonic, and Mitsubishi Electric will be joining as executive members in the Japan Automotive Model-Based Engineering center (JAMBE), according to a joint statement dated 24 Septe...
    Samsung in talks with Tesla to make next-gen self-driving chips
    According to a Business Standard press release dated 24 September, Samsung is reportedly in talks with Tesla to produce next-generation self-driving chips based on Samsung's 7-nanometer chip production process. The press release, which quoted Korean Economic Daily, stated that both companies...
    Teijin Group to consolidate composite part manufacturing subsidiaries under single brand
    Japanese conglomerate Teijin Limited announced via press release on 22 September that it will be consolidating its five different automotive composite parts manufacturing subsidiaries under a single Teijin Automotive Technologies brand name. According to the press release, the consolidation ...
    Autonomous vehicle startup Motional expand their footprint in Las Vegas ahead of robo-taxi launch
    According to an official press release dated 22 September, Motional, an autonomous vehicle company, is expanding its operations and employee headcount in Las Vegas, including tripling the size of its testing facility, in preparation for its planned 2023 commercial deployment of robo-taxis. The large...
    BMW uses dSPACE simulators for upcoming vehicle generation
    According to an official press release dated 21 September, dSPACE hardware-in-the-loop simulators are made up of both hardware and software components and will be used by the BMW Group at development sites around the world for comprehensive testing in areas such as electric drives, memory and energy...
    Lotus cars to use Analog Devices’ wireless BMS
    Analog Devices announced in an official press release dated 22 September that renowned British performance brand Lotus Cars intends to incorporate ADI's wireless battery management system (wBMS) in its next-generation electric vehicle (EV) architecture. The wBMS from ADI was chosen due to its increa...
    AI semiconductor firm Deep Vision raises USD35 million in Series-B
    Deep Vision, the developers of an AI processor and comprehensive software development suite for edge computing applications, announced today that it has received USD35 million in a Series B financing round led by Tiger Global, according to a press release on GlobeNewswire dated September 15. The ...
    Alcoa to restart aluminum smelting plant in Brazil
    American aluminum producer Alcoa announced via press release on 20 September that it will be restarting 268,000 metric tons per year of aluminum capacity at the Alumar smelter in São Luís, Brazil immediately. According to the press release, the smelting facility which had been curtailed si...
    Mahle Powertrain's Northampton emissions test center gets ISO accreditation
    Engineering services division of MAHLE GmbH MAHLE Powertrain announced via press release on 15 September that its Real Driving Emissions (RDE) Centre in Northampton had been awarded with the ISO/IEC 17025:2017 accreditation for vehicle emission testing to latest Euro 6 standards. According t...
    EV charging startup AmpUp gets additional capital from Powerhouse Ventures
    Electric vehicle (EV) charging startup AmpUp has received additional funding from cleantech investment firm Powerhouse Ventures, according to a company press release 21 September. Powerhouse joins Goodyear, TechNexus, Foothill Ventures, among other firms. “We're proud to partner with distinguis...
    Osprey Charging plans to install 150 rapid EV charging hubs in the UK
    British EV charging point operator Osprey Charging, formerly known as Engenie, plans to invest nearly GBP75 million (USD103 million) to install over 150 high-powered EV charging hubs across the UK by 2025, according to a report published by Electrive.com on 18 September. Each hub will host up to ...
    EV charging network provider EVgo announces 300,000 customer accounts
    EVgo Inc., one of the leading EV fast charging network providers in the US, has announced that its nationwide customer accounts have crossed the 300,000-mark, indicating its network expansion along with the growing EV adoption among US buyers, the company said in a press release on 21 September. ...
    Plug Power announces expansion to Europe with regional headquarters in Germany
    US-based provider of turnkey hydrogen solutions Plug Power Inc. has announced that it is expanding its operations in Europe and will set up a regional headquarters in North Rhine-Westphalia in Germany, the company said in a press release on 14 September. The announcement was formally made during ...
    Axalta lowers Q3 financial guidance by USD40 million citing chip shortage and inflation
    US coating systems supplier Axalta Coating Systems Ltd announced via press release on 20 September that it was updating its third quarter and full-year 2021 financial guidance given the ongoing supply chain issues its mobility customers are experiencing as well as continued raw material inflation an...
    ams OSRAM to showcase automotive sensors at Sensors Converge 2021
    According to official press release dated 14 September, ams OSRAM announced that it will exhibit its latest advanced sensing technology at Sensors Converge being held during 21–23 September at San Jose’s McEnery Convention Center. The event marks the first time that the company will ex...
    Nexperia, Netherland provides CFP15B clip-bond FlatPower package to leading tier-1 supplier
    According to an official press release dated 10 September, Nexperia, the expert in essential semiconductors, has announced that one of its surface-mount device packages, the clip-bond FlatPower package CFP15B, has been tested for the first time by a leading tier-1 supplier for Board Level Reliabilit...
    Autonomous mobility start-up Wayve partners with Asda for autonomous van trial in London
    According to a Business Wire press release dated 21 September, UK-based autonomous mobility start-up Wayve has today announced a partnership with UK ‘big four' grocer Asda to trial autonomous delivery vans as part of the retailer's last mile operation. Alex Kendall, Wayve CEO, said: “Last mil...
    Magna and Veoneer announce expiration of waiting period under HSR Act
    According to an official press release dated 21 September, Magna and Veoneer announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, or HSR Act, in connection with Magna's previously announced acquisition of Veoneer had expired. The waiting period expired...
    Tesla to work with global regulators for data security
    Tesla will collaborate with global regulators for data security, Reuters reported on 17 September, citing CEO Elon Musk. This comes after the electric vehicle manufacturer came under scrutiny in mainland China earlier this this year over its storage and handling of customer data. “With the rapi...
    Stellantis takes part in C-Roads Italy project
    Stellantis has announced that Stellantis Group Research Center (CRF) has taken part in the “C-Roads Italy: C-ITS cooperative systems aimed at road mobility become a reality,” according to a 16 September press release. The project is in conjunction with the Italian Ministry of Infrastructure and ...
    Hindustan Petroleum Corporation to build 5,000 EV charging stations in India in three years
    Government of India-backed oil and gas company, Hindustan Petroleum Corporation Ltd (HPCL) plans to build 5,000 electric vehicle (EV) charging stations over the next three years, The Economic Times reported on 19 September.  The planned EV charging stations will include slow and fast charg...
    EV battery maker Gotion High-Tech raises its 2025 cell production target to 300 GWh
    Chinese electric vehicle (EV) battery maker Gotion High-Tech has significantly raised its target for battery cell production for 2025 to 300 GWh from 100GWh, Chinese news website Gasgoo reported on 17 September. According to the news publication, the new 2025 target set by Gotion was revealed by a s...
    Genesis EV to install Samsung image sensor
    According to a press release published on Korea iT News on 17 September, Hyundai Motor Company will incorporate a vehicle image sensor from Samsung Electronics into its premium model Genesis. This is the first time a Samsung Electronics image sensor has been mass-supplied to a finished vehicle, and ...
    Merck to spend USD3.5 billion on electronics unit amid chip crunch
    Merck, a leading science and technology company, plans to invest significantly more than USD 3.5 billion in innovation and capacity of its Electronics business sector up to the end of 2025, according to an official press release dated 20 September. The company intends to spend more than EUR 2 billio...
    Solvay installs new thermoplastic composite line in Greenville plant
    Belgian chemical company Solvay S.A. announced via press release on 16 September that it had completed the installation of a new thermoplastic composites (TPC) manufacturing line at its Greenville, South Carolina facility. According to the press release, the new TPC line at full production c...
    loading
    preload preload preload preload preload