Delphi Automotive is planning to spin off its Powertrain Systems segment into a new, independent publicly traded company, which will allow it to focus on technology for electrically powered and self-driving vehicles. The transaction is ...
FCA US will supply an additional 500 of its Chrysler Pacifica Hybrid minivans to Waymo’s self-driving program. Last year, the automobile company delivered 100 modified minivans to Waymo. Production of the 500 minivansi s expected ...
Tags: Chrysler, Hybrid minivans
Driverless cars are set to hit UK roads in 2019 after a consortium of British companies unveiled plans to test the vehicles between London and Oxford. Driven, led by driverless software group Oxbotica, received a £8.6 million grant ...
Tags: Driverless Car, autonomous vehicle
This month Apple received a permit to test autonomous vehicles on California roads, which suggested the company was moving forward with its self-driving car plans after months of speculation as to whether the project had been shelved. ...
KapStone Paper and Packaging Corporation recently received a Silver Outstanding Merchandising Achievement (OMA) award in the food category at the annual Shop! Association OMA Awards at GlobalShop 2017 in Las Vegas, Nevada. The ...
Tags: KapStone Paper, Packaging
General Motors (Gm) said it will invest $14m on a new facility in San Francisco for Cruise Automation to accelerate the development of autonomous cars. GM acquired the driverless tech startup last March. The new R&D facility, which is ...
Self-adhesive label materials producer UPM Raflatac has two new lightweight solutions for wash-off logistics labeling applications. The new materials include Thermalite Top+ PEFC and Thermalite Eco+ PEFC. They can be paired with the RP45 ...
Tags: Self-adhesive label, Packaging
Months after the firm was thought to have cooled its 'Project Titan' automotive ambitions, Apple has received a permit to test autonomous vehicles on California roads. The Department of Motor Vehicles in the company’s home state ...
Naura Technology (formerly Beijing Sevenstar Electronics) has started shipping ion etch equipment for the manufacture of 14nm chips to chipmakers, while Advanced Micro-Fabrication Equipment (AMEC) is being engaged in the development of etch ...
Tags: chipmakers, Electronics, chip
US ride-hailing firm Lyft has raised $600m in new round of financing at a $7.5bn valuation. The investors in the funding round include KKR, Baillie Gifford, Alliance Bernstein, Canada’s Public Sector Pension Investment Board (PSP) ...
Tags: Lyft, self-driving car
Ford has unveiled the second of 13 new electrified vehicles the company plans to introduce in the next five years. The industry’s first pursuit-rated hybrid police car, the all-new Ford Police Responder Hybrid Sedan, is part of a ...
Tags: Ford, Hybrid Police Car
Russian meat and feed producer Cherkizovo has agreed to acquire domestic grain producer Napko for around RUB5bn ($88m). Cherkizovo will also assume the net debt of the grain producer which stood at RUB751m ($13m) as of 31 March 2017. ...
Tags: meat, feed producer
Self-adhesive label materials manufacturer UPM Raflatac has collaborated with wine industry leaders on sustainability at Vinitaly 2017 wine exhibition. The company partnered with Italian wine producer Cielo e Terra and natural cork ...
Tags: Self-adhesive label, wine bottle
Ride-hailing company Lyft has reportedly raised $500m in a new round of funding that valued the company at about $7.5bn. Uber's rival has been trying to raise investment for some time to enter new markets. In the first quarter of this ...
Tags: Lyft, Ride-hailing
Daimler and Bosch are partnering to speed up the development of self-driving cars. The two companies have signed a development agreement to bring fully automated (SAE Level 4) and driverless (SAE Level 5) driving to urban roads by the ...
Tags: Daimler, Driverless System