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The BMX iX, as a special model to shape the way the company moves forward in EVs, is bound to become the technology flagship. To mark the local launch of the new model, facilities were rented in the building hosting the world’s most powerful laser—in Romania, a few miles away from Bucharest, with a measured power…
Tesla’s Model Y accounted for most of the growth in U.S. EV registrations in H1-2021, which more than doubled from the same point in 2020. The California EV maker registered 82,000 Model Y compact crossovers through June, up from 10,000 in H1-2020, according to data gathered by Experian. The model accounted for 38 per cent…
Toyota, GM, Ford, VW, Audi, all said production would be crimped in the coming weeks due to a shortfall in semiconductors. The global shortage of microchips continues to bedevil the auto industry, with several companies announcing production cuts this week.– Toyota which previously had weathered the crisis without major setbacks said it will slash global output…
Great Wall, a major private Chinese light-vehicle manufacturer looking to expand globally, signed an agreement with Daimler to purchase the German automaker’s factory in Brazil. Under the deal inked last week, Great Wall will acquire land, buildings, machinery and equipment at the manufacturing site in Iracemapolis in the southeast Brazilian state of Sao Paulo, but not…
After his apprenticeship as an electrician and the completion of his engineering studies in optoelectronics at Aalen University of Applied Sciences in 1996, Martin Enenkel consistently engaged himself in well-known German industrial companies in optoelectronics, sensor technology and lighting technology. This included almost 20 years of work for Phillips Technology, where he held various strategic…
French supplier Faurecia will buy a majority stake in Hella and make a public tender offer for the remaining shares for €60 each—all of which values Hella at around €7bn.The deal was made with a group of family-related shareholders’ 60% stake; the group considered binding offers from Faurecia, Plastic Omnium, and Mahle, and worked with…
The front of Audi’s Skysphere roadster concept is an EAV—an electric autonomous vehicle—so it has no need of a radiator grill Instead, there’s a great big front display with a 3-dimensional, LED-lit rendition of the four-rings Audi logo in the middle. The front display, plus the adjacent surfaces on either side of it, are packed…
Koito will buy USD $50m worth of additional shares in Cepton Technologies, a US startup who design, manufacture, and sell lidar for ADAS and AD. Cepton say their Micro Motion Technology lidar has long product life due to its frictionless actuator, and that it outperforms other companies’ products in terms of monitoring distance and angular…
Rivian Automotive, the EV startup backed by Amazon and Ford, are in talks to invest at least $5bn to build a factory near Fort Worth, Texas. The factory would be able to produce 200,000 vehicles a year, and could create at least 7,500 jobs by 2027. The capital investment commitment from Rivian includes a minimum…
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