Italian automotive component manufacturer Eldor will invest about $75m in the Botetourt County of Virginia, US. The plant will create 350 jobs in the region which will be Eldor's first plant in the country. The company manufactures ...
IBM announced that its Watson IoT technology is being used by Honda R&D for monitoring and analyzing data from more than 160 sensors in Formula One (F1) cars. Now, drivers and crews can apply data and analytics in real-time to help ...
Tags: IBM, Watson Iot Tech, Formula One cars
eMotorWerks announces JuicePlug, a universal charging station adapter for EV supply equipment that will extent its smartphone and web interfaces to pre-existing, non-networked charging station. This will enable every EV driver to ...
Tags: eMotorWerks, JuicePlug, EV supply equipment
BMW has announced a new strategy under which it would focus on electric vehicle technology, autonomous driving technology and invest in new technology to complete against companies like Google and Uber. It will focus on broadening its ...
Tags: BMW, Vehicle technology, Automated driving, Goole, Uber
Mercedes-Benz Style has joined hands with Italian light design company Artemide and the two companies will showcase their latest product at the “Light + Building” trade fair in Frankfurt. It embodies the Mercedes-Benz design ...
Tags: VMercedes-Benz, Artemide, Frankfurt, Light, Building
GM and its business partner Lyft announced the launch of a short-term car rental program, known as Express Drive. This rental program is exclusively for the Lyft platform, which will make automobiles available for Lyft users at cheaper ...
Tags: GM, Lyft, Rental program, Express Drive
Gimv has announced that its Belgain company Punch Powertrain has been 100% acquired by Chiense Yinyi group. The valuation agreed upon in the context of this transaction indicates that the contemplated sale could have a positive impact of ...
Tags: Gimv, Yinyi group, Punch Powertrain, Aquisition
Ford announced that it will strengthen its police interceptor sedans and utility with ballistic panels and protection against armor-piercing rifle ammunition. Ford North American fleet, lease and remarketing operations general marketing ...
Tags: Ford, Police interceptors, Type IV
Ford has disclosed that it is developing a driver-less car which can be driven under snowy conditions. The company uses LiDAR (Light Detection and Ranging) technology to create 3D maps of the roads that the AV (Autonomous Vehicles) will ...
Tags: Ford, Drive-less car, LiDAR, 3D maps, Snow
Mazda Motor Corp will unveil its all-new Mazda CX-4 crossover SUV at the Beijing Motor Show in April 2016. The automaker's stand at the show will feature twelve vehicles, including new-generation models such as the Mazda3, Mazda CX-5, ...
Ford has established Ford Smart Mobility, a subsidiary which will specifically design, build, grow and invest in emerging or future mobility technology. Jim Hackett, the former chairman and CEO of Steelcase has been appointed as the ...
Tags: Ford, Mobility technology, Jim Hackett
General Motors announced that it is acquiring Cruise Automation, a startup company that makes self-driving kits for certain types of cars. With this deal, General Motors will add Cruise Automation's software talent and rapid ...
The Foam Company, one of the UK’s leading experts in foam products, has invested in a new top of the range wrapping machine for its mattresses. The company has purchased a Sala automatic wrapping machine which is now in operation at ...
Tags: wrapping machine, Foam Company
Energized by demand from hybrid and electric vehicles, power supplies and photovoltaic (PV) inverters, the emerging global market for silicon carbide (SiC) and gallium nitride (GaN) power semiconductors will rise from just $210m in 2015 to ...
Tags: Semiconductor Market, GaN, SiC
Ford Escape models can now be equipped to help taking away winter headache to maintain clear windshield. No more wiper blades freezing to the glass. And the funny-looking parking lot ritual of pulling wipers off the windshield and ...
Tags: Ford Escape, Wiper De-Icer, SUV