Latest IT & Technology News – Page 2
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A divided global electric vehicle market could limit OEM economies of scale in manufacturing
Sales of hybrid and battery electric vehicles are set for significant regional divergence, which could fragment economies of scale across automotive production, R&D and technology costs, according to a new powertrain forecast by Automotive from Ultima Media
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Global trade disputes could dim electric vehicle technology development in key markets
Trade uncertainties such as those between the US and China, or the UK and the EU, could put the brakes on growth in the electric vehicle and battery technology for some OEMs and countries, despite bullish forecasts for alternative powertrains
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FCA will construct a battery assembly facility to support electrification
FCA plans to construct a battery assembly facility at its plant in Mirafiori, Italy. Preparations will begin in early 2020, with an initial investment of €50m (US$55.52m).
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Johan de Nysschen returns to VW as regional COO in North America
Volkswagen Group of America (VWGoA) has appointed Johan de Nysschen (pictured) as chief operating officer (COO) for its North America region.
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Hanna Hennig to become new CIO at Siemens
Hanna Hennig will become the next CIO of Siemens early in 2020. She will succeed Helmuth Ludwig, who is leaving the German engineering group of his own accord.
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Porsche and SAP to cooperate more closely on digital transformation
Porsche and SAP will work closely together on new initiatives for the digital transformation of the German sports car maker.
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Powertrain forecast to 2030: Navigating the road to electrification
Download this report for forecasts of eight different powertrains across major regions, including hybridisation, electrification and internal combustion engines, which reveal changes that will have huge implications for automotive technology and IT. The latest insight by the business intelligence unit of Automotive from Ultima Media
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Hyundai Mobis invests in Velodyne Lidar
Hyundai Mobis will invest $50 million in Velodyne Lidar to speed up the mass production of lidar systems for level 3 automated driving.
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From Hyundai, a smart cruise control system that can learn
Hyundai Motor is developing a smart cruise control system that can learn a driver’s behavior and create a customized self-driving experience.
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Honda accelerates European electrification plans
Honda is accelerating plans to roll out hybrids and full electric vehicles across its European model range.
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Renault conducts autonomous car service trial in Paris, plans route with Waymo
Renault is conducting a test in Paris of an on-demand car service using two autonomous electric vehicles. The French carmaker is also teaming up with driverless-car specialist Waymo to explore the possibility of driverless transportation to and from the main Paris airport.
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Volvo Group invests in Israeli cyber security firm, establishes separate autonomous-transport division
Volvo Group said its venture capital arm has invested in Israeli automotive cybersecurity specialist Upstream Security. It also announced that it would form a dedicated new business arm for autonomous vehicles.
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CIO Klaus Straub leaves BMW
Klaus Straub, CIO of BMW has left the company, the German premium car maker confirmed Thursday.
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BMW executive: German automakers opt for steady, profitable growth in mobility services
It’s been less than a year since archrivals BMW and Daimler received the regulatory approvals needed to merge their mobility services into a new jointly owned company and the two German premium car groups are moving steadily ahead with plans to develop revenue streams that can, one day, offset expected declines in traditional new-car sales.
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Toyota to show new Mirai fuel-cell vehicle at Tokyo show
Toyota Motor will show the second generation of the fuel cell-powered Mirai sedan at the upcoming Tokyo Motor Show. The car, which is set to go into production late next year, will have greater driving range, improved performance and an updated design.
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Consortium to develop computing platform for autonomous vehicles
Under pressure to cut costs, a group of automotive and IT companies has formed a consortium to develop a common computing platform for autonomous vehicles.
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Dyson scraps plan to build electric vehicle
Vacuum cleaner maker Dyson has scrapped plans to build an electric vehicle, highlighting the difficulties non-automotive companies face when they want to build a car.
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Renault names CFO Delbos interim CEO; ends mandate of Bollore
Renault named CFO Clotilde Delbos interim chief executive with immediate effect and terminated the mandate of its previous top executive, Thierry Bollore. The French carmaker didn’t give any reasons for the change, but said Delbos will serve as CEO until a new permanent chief executive is appointed.
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McDermott steps down as CEO of SAP
Bill McDermott is stepping down as CEO of SAP with immediate effect, the company said Thursday. He is succeeded by management board members Jennifer Morgan and Christian Klein, who will serve as co-CEOs of the world’s largest business software group.
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At Renault, ‘Mobility as an Industry’ is a new business unit
Renault, acknowledging the transformation of the automotive industry, will bundle all its mobility activities in a new operating subsidiary called ‘Mobility as an Industry (MAI).’