The Utah Transit Authority (UTA) has reportedly trialled a new all-electric bus which will operate with less noise and emit no pollution. The first-of-its-kind vehicle is manufactured by China-based lithium-ion batteries maker BYD. The ...
Tags: All-Electric Bus, no pollution Bus, BYD
Renault-Nissan Alliance and Daimler have agreed to extend their partnership to develop a pickup truck for Mercedes-Benz, which recently forayed into the segment. The Mercedes-Benz 1-ton pickup truck is said to share certain features ...
Tags: Pickup Truck, Mercedes-Benz
Berkshire Hathaway has signed a deal to acquire 8.7% stake in Axalta Coating Systems from Carlyle Group for $560m. Under the stock purchase agreement, Berkshire Hathaway will purchase 20 million Axalta's common shares at $28 each. The ...
Autonet Mobile has partnered with AT&T to offer its next generation of connected car software to the automotive segment. The new solution, which will run on AT&T 4G LTE network, will allow the user to access their cars using mobile ...
Tags: Autonet Mobile, 4G LTE network, Auto Parts
Taxi hailing service is reportedly hiring mechanical engineers and software engineers to work on sensors and vehicle controls, hinting the company’s ambition to venture into self-driving technology. According to reports, the ...
Toyota Motor is planning to invest around CNY150bn ($1.3bn) to set up two new car plants in Mexico and China, marking an end to the three-year freeze to expansion plan. Reuters reported citing two people familiar with plans that the ...
Tags: Toyota Motor, annual production, Auto Parts
Continental has introduced a trailer detection and control system called, Trailer Reverse Assist, which is designed to make parking of vehicles with trailers easier. This system uses an Intelligent Rear Camera Module, which facilitates ...
Tags: Systems, Rear Camera Module, Auto Parts
Royal Philips NV of Amsterdam, The Netherlands (the world's largest lighting producer) has agreed to sell an 80.1% stake in its combined LED components and Automotive lighting business to GO Scale Capital, a new growth-stage investment fund ...
Tags: Lumileds, Royal Philips, Electronics
Energized by growing demand for power supplies, hybrid and electric vehicles, photovoltaic (PV) inverters and other established applications, the emerging global market for silicon carbide and gallium nitride power semiconductors will grow ...
Tags: GaN SiC Power electronics, power supplies, Electronics
Funded by Science Foundation Ireland (SFI), Invest Northern Ireland (InvestNI) and the US National Science Foundation (NSF) government agencies through the US-Ireland R&D Partnership program, over €1m has been awarded for the project ...
Arcus Hunting, LLC, a Bregal Partners company, has completed its acquisition of premium bow maker Obsession Archery, Inc. Dennis and Angela Lewis, the company’s founders, will continue to lead Obsession following the acquisition. ...
Tags: Arcus Hunting, Obsession, Sporting Goods
US-based natural gas fuel storage and delivery systems provider Agility Fuel Systems has secured an order from United Parcel Service (UPS) to deliver 445 of its new 160 DGE Behind-the-Cab CNG fuel system. These new heavy duty trucks are ...
Tags: successful deployment, United Parcel Service, Auto Parts
General Motors is expected to generate $350m in profit over three years through the roll out of its 4G LTE mobile broadband in its cars and trucks. General Motors chief financial officer Chuck Stevens was quoted by Reuters as saying: ...
Tags: General Motors, cars, Auto Parts
Royal Philips has announced that it has signed an agreement with a consortium led by GO Scale Capital through which it will acquire an 80.1% interest in Philips' combined LED components and automotive lighting business, with Philips ...
Tags: automotive lighting, Philips, LED
Global independent toy firm is looking to expand in the RC sector, an 'important category' to its growth plans. Goliath has acquired the leading French RC developer, manufacturer and distributor, Modelco. Known for its portfolio of ...
Tags: Global independent toy, Flying Dragon, Toys