EV Startup Rivian Shares Jump Over 50% After $1 Billion Investment from Volkswagen

EV Startup Rivian Shares Jump Over 50% After  Billion Investment from Volkswagen

Volkswagen Group plans to enter a joint venture (JV) with US-based EV startup Rivian to leverage the latter’s electronic control units (ECU) architecture and software stack to create an industry-leading software-defined vehicle (SDV) technology platform. As part of the strategic partnership, Volkswagen will initially invest $1 billion in Rivian and an additional $4 billion by … Read more

No U-turn on VEP, motorists asked to abide by Malaysia laws: Transport minister

No U-turn on VEP, motorists asked to abide by Malaysia laws: Transport minister

DIFFICULTIES REGISTERING FOR VEP To obtain a VEP, drivers must first register online and subsequently collect a radio frequency identification (RFID) tag which must be attached to their vehicle.  However, many have since reported difficulties with the process with some Singapore drivers telling CNA that they were unable to register their cars or renew their … Read more

Lexus y Amazon Music presentan “Destination.Paak

Lexus y Amazon Music presentan “Destination.Paak

Anderson .Paak estrena la remezcla y el video musical de “Celebrate” y anima a sus seguidores a salir al aire libre PLANO, Texas, 22 de junio de 2024 /PRNewswire-HISPANIC PR WIRE/ — Para celebrar el Día Mundial de la Música, Lexus y Amazon Music se han asociado con el artista ganador de 8 premios Grammy, … Read more

Toyota reconoce a los proveedores norteamericanos de piezas y componentes por su excelencia en 2023

Toyota reconoce a los proveedores norteamericanos de piezas y componentes por su excelencia en 2023

YORK TOWNSHIP, Michigan, 21 de junio de 2024 /PRNewswire-HISPANIC PR WIRE/ — Toyota Motor North America (‘Toyota’) está reconociendo con premios el desempeño excepcional en 2023 de sus proveedores norteamericanos de partes y componentes. El programa anual de reconocimiento de Toyota rinde homenaje tanto a sus proveedores directos como indirectos, que han superado consistentemente las … Read more

ProLogium Technology Releases Video Showcasing World’s First Giga-Level Factory for Lithium Ceramic Batteries

ProLogium Technology Releases Video Showcasing World’s First Giga-Level Factory for Lithium Ceramic Batteries

Explore the Revolutionary Processes and Exclusive Technologies Behind Lithium Ceramic Batteries TAOYUAN, June 21, 2024 /PRNewswire/ — ProLogium Technology, the pioneer in mass-producing lithium ceramic batteries, has released a video showcasing its cutting-edge giga-level factory in Guanyin District, Taoyuan. This facility, which started operations in January, marks a significant milestone as ProLogium transitions to full-scale … Read more

Motorcycle Rental Market size is set to grow by USD 354.4 million from 2024-2028, Increase in road-trip tourism boost the market, Technavio

Motorcycle Rental Market size is set to grow by USD 354.4 million from 2024-2028, Increase in road-trip tourism boost the market, Technavio

NEW YORK, June 14, 2024 /PRNewswire/ — The global motorcycle rental market size is estimated to grow by USD 354.4 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 15.42% during the forecast period. Increase in road-trip tourism is driving market growth, with a trend towards rise in popularity of renting motorcycles … Read more

Revolutionizing Hardtop Removal and Storage

Revolutionizing Hardtop Removal and Storage

MELBOURNE, Fla., June 14, 2024 /PRNewswire/ — TopLift Pros, the leading manufacturer of hardtop removal and storage tools for Jeep and Ford Bronco, is thrilled to announce the launch of TopLift Pro™ version 2.0. This major upgrade marks the most substantial improvement in the self-supporting hardtop removal and storage tool industry, delivering enhanced features and … Read more

Minda Corp joins hands with Taiwan firm to locally produce sunroof for PVs

Minda Corp joins hands with Taiwan firm to locally produce sunroof for PVs

New Delhi: Auto components maker Minda Corporation on Friday said it has inked a pact to form a joint venture with Taiwan-based HSIN Chong Machinery Works Co to locally produce sunroofs for passenger vehicles. The 50:50 partnership aims to localise the production of sunroof and closure technology products. “This collaboration underscores our commitment to Atmanirbhar … Read more

Standard Motor Products’ VVT Program Expands

Standard Motor Products’ VVT Program Expands

NEW YORK, June 10, 2024 /PRNewswire/ — Standard Motor Products, Inc. (SMP) continues to expand its industry-leading Variable Valve Timing (VVT) program. The program already offers more than 600 part numbers for import and domestic vehicles, with new numbers added each month. Standard® and Blue Streak® VVT components are developed and tested at SMP’s Poland facility, … Read more

Cloud ERP in Automotive: Insights from Epicor and Industry Experts – The Economic Times Video

Cloud ERP in Automotive: Insights from Epicor and Industry Experts – The Economic Times Video

In a webinar presented by The Economic Times in collaboration with Epicor, Vishal Raj Saini, Country Head – India and Indian Subcontinent at Epicor Software, was joined by Ashish Sinha, Head Operational Excellence India Operations of Autoliv India and Parna Ghosh, CIO at Minda Industries, CIO, Uno Minda Group, to deliberate on the topic: ‘Implementing … Read more