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Tesla CEO Elon Musk dismissed rumors that he would build a private airport in Austin, Texas, today, after reports circulated last week. Musk was rumored to be building an airport for personal use somewhere east of Austin, near the town of Bastrop. In reality, there was no plan for one. ” Not true.
In the fourth quarter, the company produced more 439,000 vehicles and delivered more than 405,000 vehicles. The event will be live streamed from Gigafactory Texas, with the option for some institutional and retail investors to attend in person. For the year, Model 3/Y deliveries accounted for 95% (1,247,146 units).
This reflects a continuous shift in consumer preference towards personal mobility, fueled by the COVID-19 pandemic, as car ownership today is seen as a safeguard against the risk and spread of infection. Meanwhile, 78% of consumers will opt for using their personal vehicles over taking public transport.
Nissan began a field test of new mobility services as part of a partnership to promote future community building in Japan. The partnership agreement between three local governments and eight companies aims to develop new modes of transportation, and to promote the use of renewable energy, in the Hamadori area of Fukushima Prefecture.
At IAA Mobility, during his first in-person keynote since taking the helm of Intel in February, CEO Pat Gelsinger predicted that semiconductors will account for more than 20% of the total premium vehicle bill of materials (BOM) by 2030. He also detailed elements of the company’s previously announced IDM 2.0
Airspace Experience Technologies ( ASX ), an aviation technology start-up, and Spirit AeroSystems, a global aircraft design and manufacturing company, have signed a memorandum of understanding and a definitive agreement to cooperate on creation of affordable, certified all-electric, vertical take-off and landing (eVTOL) aircraft.
Ford celebrated the production start of the all-new F-150 at the Ford Rouge Center and confirmed construction of the new Rouge Electric Vehicle Center where it will build the all-electric F-150 by mid-2022. The F-Series franchise alone generates more revenue than major companies such as McDonalds, Nike, Coca-Cola, Visa and Netflix.
Working with a company like Kitty Hawk brings us closer to our goal of safely advancing the future of mobility. headquartered in Mountain View, California, builds electric transportation solutions to free people from traffic and decrease carbon footprint. Kitty Hawk Corp., The agreement with Kitty Hawk Corp.
The Boring Company continues to develop its Las Vegas Loop with underground tunnels, and one person from a local tourism organization says that the Teslas in them will soon be using driver assistance technology. Additionally, The Boring Company’s vehicles also still require a driver behind the wheel of the Teslas.
In Japan, Toyota and other automotive-related companies are about to begin a collaborative effort to expand the range of fuel options for internal combustion engines. At the same time, ‘Motor’ is in our company name and we accordingly have a strong passion for and level of commitment to the internal combustion engine. Earlier post.).
Phillips 66 has entered into an agreement to acquire a 16% stake in NOVONIX Limited, an Australia-based company that develops and supplies synthetic graphite materials for lithium-ion battery anodes. This investment is driven by Phillips 66’s Emerging Energy organization, which is tasked with building a lower-carbon business platform.
On the heels of an quarterly report marked by an underwhelming profit, and amid a general “lack of fitness” according to CFO Bob Shanks, Ford Motor announced that it is accelerating and expanding its activities in 2018 to deliver a broad suite of mobility products and services to personal vehicle owners, fleet owners and cities globally.
CNH Industrial has entered into an exclusive, multi-year licensing agreement for electrification technologies with Monarch Tractor , a US-based AgTech company specializing in fully electric autonomous tractors. The company has secured several hundred working farms as preliminary customers.
Ricardo has partnered with UK-based technology company Brightec to develop a smartphone app which will enable hybrid vehicles to sense that they have entered a clean air zone and encourage a switch to electric mode. The project addresses both the existing vehicle fleet and also extends to long-term improvements in air quality.
Electra will complete the build-out of a green-iron refining pilot plant in 2023 at its headquarters in Boulder, CO, and plans to have a commercial-scale demonstration plant qualified by the second half of this decade. Electra plans to forge additional partnerships across the entire steel value chain.
After all, because you hold the proverbial keys to your customers’ data and personal information, it’s ultimately your responsibility as a business owner to protect it. With this in mind, here are several ways your company can focus on military-grade cybersecurity in order to maintain and improve customers’ brand loyalty.
He said he’d try to get his boat, a 42-footer with three people on board, back to Atwood’s , a lobster company on Spruce Head Island, Maine. Secret Service claims to be able to identify an unknown person in a voice-only lineup, comparing a recording of an unknown voice with a recording of a known speaker, as a reference. A 2020 U.S.
Building on its initial concept presented at CES 2017, the new model features rear-wheel drive, a lithium-ion battery and stylish front and rear lights. This is the vehicle-mounted personal scooter which could be featured in future Hyundai Motor Group vehicles. Hyundai Motor Group has developed a new prototype electric scooter.
Volvo Cars has opened order books for the XC40 Recharge P8 AWD ( earlier post ), the company’s first fully electric car which is based on the best-selling SUV, in selected markets. The company says it has already received “several thousands” of firm orders even before the formal start of sales.
The Blockchain Lab has moved forward with initiatives for using blockchain technology including, to date, verifying the usefulness of the technology through demonstration trials, and global collaboration with Group companies. In this regard, Toyota Blockchain Lab will expand collaborations more with its various partner companies.
The new VersiCharge XL concept was created to electrify new or existing parking lots and building structures quickly and efficiently by using a modular, scalable design made in partnership with Nexii Building Solutions (Nexii) using their proprietary, sustainable building material with low carbon footprint.
Our goal is to further build on the momentum already established with the Texas Technology Task Force and the Texas Innovation Alliance, and work with interested parties on the latest and greatest in CAV projects and enhancements.
At the BMW AG Annual General Meeting in May 2018, Harald Krüger, Chairman of the Board of Management at the BMW Group, said that the iNext would provide its building blocks for the future, from which the entire company and all of its brands are set to benefit. Personal mobility is set to experience significant change.
United Airlines announced a commercial agreement with Denver-based aerospace company Boom Supersonic to purchase 15 of Boom’s Overture supersonic airliners, once Overture meets United’s safety, operating and sustainability requirements, with an option for an additional 35 aircraft. Boom is working with Rolls-Royce on propulsion.
We’re moving toward a transportation system of reduced personal car ownership. As that transportation shift progresses, motor companies are interested in opening up secondary markets for their vehicles. They will also conduct surveys to determine how people’s opinions change about electric vehicles before and after driving one.
The design itself of the tri-axle bus of 15 meters is nothing new for the company. The decision to build a new bus was triggered not only by market interests, but also by the technical progress with regard to electric buses, and in terms of energy storage in particular.
Momenta is committed to developing breakthrough artificial intelligence solutions to push beyond the frontier of possibilities today and significantly improve personal mobility experiences. —Julian Blissett, executive vice president of General Motors and president of GM China. —Xudong Cao, CEO of Momenta.
Hyundai Motor Company will establish a Hyundai Mobility Global Innovation Center in Singapore (HMGICs) to accelerate its innovation efforts, with support from the Singapore Economic Development Board (EDB). HMGICs will occupy a footprint of 44,000 m 2 with the building area of 28,000 m 2.
Highlights of the proposed collaboration, codenamed “Project PEAR” (Personal Electric Automotive Revolution): Fisker and Foxconn to jointly develop a breakthrough new segment vehicle. Interest in the Ocean continues to build, with more than 12,000 global paid reservations as of today. Fisker Inc. —Young-way Liu.
Reports from South Korea are claiming that Hyundai will build a limited number of the N Vision 74, pegging the production figure at just 100 units. Now, we’re starting to see vehicles modeled inspired by cars that were made after the invention of the personal computer. But Hyundai has also been trying to broaden its image.
Their company has proven visionary in its focus and unique ability to enable long-range sensing and high-speed driving on the highway. Luminar is a leading autonomous vehicle sensor and software company and has rapidly gained 50 industry partners, including 7 of the top 10 global automotive OEMs.
Cavnue, a subsidiary of Sidewalk Infrastructure Partners (SIP) with a focus on building the future of roads, has been selected by the state to serve as Master Developer of the corridor project. This includes leading test tracks, universities, automotive companies, and key economic anchors.
The report highlights the importance of near-term action to ensure the long-term sustainability of personal mobility. Understanding the future of personal mobility requires an integrated analysis of technology, infrastructure, consumer choice, and government policy. —MITEI Director Robert C. From Insights into Future Mobility.
China-based smart electric vehicle company NIO unveiled details of its products and services for Germany, the Netherlands, Denmark, and Sweden at a European launch event in Berlin. The company also said that it plans to build 20 Power Swap Stations (PSS) in Europe this year. In 2023, this number is expected to reach 120.
Kia Motors Corporation plans to expand its partnerships with global mobility companies to meet the needs of a diverse range of customers worldwide. In 2018, Kia established a car-sharing service called ‘WiBLE’ with Spanish energy company Repsol. In emerging markets, Kia is also preparing for changes in the mobility service domain.
TWAICE, a battery analytics company, has secured $30 million in additional Series B financing led by global investment firm Coatue. The round extension, which includes personal investment from Lip-Bu Tan and participation from existing investors, builds on TWAICE’s $26 million Series B in May 2021 led by Energize Ventures.
This new generation of precipitated silica will also address the needs of the home & personal care and the feed & food industries. Solvay is the first company to commit to circular HDS production at a European site within a concrete timeframe and is now focused on building the necessary ecosystem to bring it to market.
Vehicle-to-everything (V2X) company Commsignia is collaborating with Vulnerable Road User (VRU) safety experts Spoke to provide automotive-grade Cellular-V2X (C-V2X) software solutions for cyclists, motorcyclists and e-scooter riders.
Harnessed effectively, sensor and other data available from connected vehicles can enable a wide range of services and applications with compelling benefits, ranging from personalized usage-based insurance to road hazard detection and traffic management. —Sanjiv Ghate, Mobilisights CEO.
Sony Honda Mobility (SHM), the newly formed mobility joint venture between Honda and Sony ( earlier post ), held a press conference announcing its establishment and outlining its direction and approach to becoming a software-oriented “Mobility Tech Company” providing high value-added products and services.
Ford Motor Company is researching new smartphone-based communications technology that could potentially help warn drivers of pedestrians, bicyclists and more—even those approaching a vehicle’s path but blocked from a driver’s view. BLE connectivity technology creates wireless personal area networks using radio waves in the 2.4-gigahertz
is designed to connect the major aspects of the company’s value chain, including development, production, omni-channel commerce and services—effectively making it an operating system for the entire Mercedes-Benz business. The effects of MB.OS
The company, based in Silverstone, England will create an initial run of 50 of the luxury SUVs built in the ‘classic era’ between 1970 and 1994. Every car by Lunaz represents an individual customer build. This provides extraordinary scope for personalization. It starts with an exhaustive inspection.
Additionally, Ford has just announced a ‘resizing’ in plans to build a $3.5 Through the on-board user interface, drivers can personalize their in-vehicle experience, and purchase or subscribe to additional features such as heated seats, additional horsepower and so on. The post Are Auto Companies Ready for the Future?
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