BorgWarner, a global leader in delivering innovative and sustainable mobility solutions for the vehicle market, has entered into a partnership with ZEEKR Intelligent Technology Co., Ltd. (hereinafter referred to as ZEEKR),owned by Geely Holding Group (hereinafter referred to as Geely).
Automotive Industry News
Riding on heightened demand for automotive aftermarket services, Ziebart – the global leader in automotive appearance and protection services for over 60 years – has signed multiple franchise agreements that will expand the legendary brand's footprint across the country and internationally.
Michelin will begin distributing its new MICHELIN Scorcher Adventure tire line to all current powersports distributors starting Aug. 1, 2021.
Global leading tire company Hankook Tire is expanding its original equipment business for the supply of tires for electric vehicles to include the ID.4, Volkswagen's first e-SUV.
Renesas Electronics Corporation (TSE:6723), a premier supplier of advanced semiconductor solutions, today added a new series to its popular R-Car system-on-chips (SoCs) with the R-Car Gen3e.
Baidu, Inc. is partnering with BAIC Group's EV brand ARCFOX to jointly release Apollo Moon, a new generation of robotaxis that are set to be mass-produced with a per unit manufacturing price of RMB 480,000.
Faction is excited to announce the completion of $4.3M in seed funding led by Trucks Venture Capital and Fifty Years. The round follows an investment from Y Combinator and participation in their Winter 2021 startup batch.
ROCSYS, the global leader in robotic EV charging solutions, has raised 6.3 million dollars (5.25 million Euros) in a round led by Forward.One.
Leclanché SA (SIX: LECN) will provide its proprietary battery technology to Canadian Pacific (TSX: CP) (NYSE: CP) for its innovative Hydrogen Locomotive Program.
Marelli, a leading global automotive supplier, and PUNCH, a supplier for the development, integration and manufacturing of driveline and powertrain solutions, have reached an agreement to form a joint venture focused on e-axle solutions.