Briefs: The company grows to a $6 billion valuation, securing $250 million in funding to advance vehicle software and AI capabilities to accelerate the adoption of safe and intelligent machines via an advanced driving assistance system and automated driving toolchain.
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The high-performance and passively cooled iMotion iDC High domain controller, to be deployed in mass production by a Chinese OEM this year, uses a Hailo-8 AI accelerator selected and Renesas R-Car SoC for more affordable advanced driving and parking applications in mass-market vehicles.
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CES Brief: Among the products to be showcased in Las Vegas next month to potential clients will be future mobility core technologies such as the Innovative Display series, which the company says is “rich” in high-value advanced technology, and a high-power integrated charging control unit.
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At the MOVE America 2023, the logistics software startup’s CEO and Founder will propose that the U.S. must prioritize commercial fleets and its least fuel-efficient vehicles over passenger cars to drastically reduce transport emissions now.
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Combined with an overmolding process, it results in a more robust inverter module with increased power density, lower cost, and reduced weight to be supplied to a major global customer from mid-2025.
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The LG Magna e-Powertrain joint venture is expanding its operations with a new factory in Hungary, with plans to start production with e-motors in 2026 and offer a suite of electrified powertrain solutions in the future including inverters and onboard chargers.
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The Swedish innovators will use Volta Zero electric trucks and Cake electric motorcycles to decarbonize and decongest city center streets starting with the first customer trial with H&M Group in Paris in the first quarter of 2023.
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The Anglo-Korean battery manufacturer plans to build a gigafactory in the UK, the Netherlands, or Spain, transferring its technology from Korea for lithium-ion batteries said to last ten times longer than conventional examples for energy storage and e-mobility applications.
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The combined company becomes the world’s seventh-largest automotive supplier with a vision built on four pillars: safety, sustainability, advanced solutions, and customized experiences.
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Emerging from stealth last week with seed funding led by Fine Structure Ventures, the startup is engineering a spaceplane that can fly to space, perform a mission, return, refuel, and fly again almost immediately.
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