Business

Tesla Buys Canadian Battery Maker

October 07, 2019 at 1:30 PM

Tesla Inc. has acquired Hibar Systems Ltd., a Richmond Hill, Ont.-based battery company.

Karma, Hella & Advances in Tech

By: Gary S. Vasilash - October 07, 2019 at 6:30 AM

From electrically driven luxury vehicles to headlamps that shine better than jewels

AMS Falls Short in Osram Takeover Bid

October 04, 2019 at 4:25 PM

Austria’s sensors supplier AMS AG says it has failed to attract the 62.5% of shares in Osram Light AG necessary to acquire the German lighting systems supplier.

Bird Raises $275 Million in Funding

October 04, 2019 at 2:23 PM

Bird Rides Inc., a Los Angeles-based electric-scooter sharing service, has raised $275 million in its latest funding round.

VW Eager to Share Know-How for Premium EVs

October 04, 2019 at 1:50 PM

Volkswagen AG says it is talking with other carmakers about sharing key technologies for premium electric vehicles in hopes of cutting development and production costs.

Audi, Deutsche Telekom Partner on 5G

October 04, 2019 at 11:12 AM

Audi AG and Deutsche Telekom AG are developing a 5G-based connected transportation infrastructure in Ingolstadt, Germany.

Zoox to Add Autonomous Testing in Las Vegas

October 04, 2019 at 9:53 AM

California-based autonomous-car startup Zoox Inc. plans to begin testing self-driving electric vehicles in Las Vegas.   

Bosch Touts Tech as Car Production Stalls

October 04, 2019 at 12:35 AM

Robert Bosch GmbH aims to offset a prolonged slump in car production by pursuing its expertise in electrification, fuel cells and artificial intelligence.

What to Do In an R&D Overcapacity Situation

By: Gary S. Vasilash - October 04, 2019 at 7:00 AM

Opel is making a big change in staffing in Rüsselsheim

Traton to Invest €1 billion in Next-Gen Truck Tech

October 03, 2019 at 3:48 PM

 

Volkswagen AG’s Traton commercial truck unit plans to spend €1 billion ($1.1 billion) over the next five years on advanced research and development.

Antitrust Panel Questions Hyundai-Ola Deal

October 03, 2019 at 3:18 PM

India’s antitrust commission has challenged Hyundai Group’s 6-month-old plan to invest $300 million in Ola Cabs, the country’s largest ride-hailing service.

Dana, Valeo Team Up on 48-Volt Hybrid Tech

October 03, 2019 at 10:26 AM

Dana Inc. and Valeo SA are partnering to supply 48-volt electric systems for all-wheel-drive hybrid cars and low-speed electric vehicles.