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Valens Semiconductor to Participate in the Goldman Sachs 15th Annual Global Automotive Conference in London
HOD HASHARON, Israel, Nov. 22, 2023 /PRNewswire/ — Valens Semiconductor (NYSE: VLN), a premier provider of high-performance connectivity solutions for the audio-video and automotive markets, today announced that it will participate in the Goldman Sachs Global Automotive Conference being held in London on December 6, 2023. 15th Annual Global Automotive Conference: Valens Semiconductor CEO Gideon Ben-Zvi…
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Q&A: Fabrice Derepas, CEO of TrustInSoft
Fabrice Derepas, CEO TrustInSoft, discusses how the company’s analysis technology addresses today’s automotive software development quandaries What R&D challenges does TrustInSoft currently face? The rapid growth and mainstream acceptance of EV, and the associated connectivity infrastructure changes taking place alongside that transformation, are having a profound effect on the automotive software industry at large and its testing technology. The…
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ThyssenKrupp Stock Climbs On Positive FY24 Outlook
Shares of thyssenKrupp AG were gaining more than 7 percent in the morning trading in Germany after the industrial engineering and steel company Wednesday said it expects a profit in its fiscal 2024 and higher sales. This was despite reporting a loss in fiscal 2023, compared to prior year’s profit, along with weak sales and…
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Alchip Technologies launches advanced Automotive ASIC platform By Investing.com
The company’s CEO, Johnny Shen, highlighted the potential impact of this development on the acceleration of Advanced Driver-Assistance Systems (ADAS) and the progress of autonomous vehicle technologies. The platform is directed at transforming automotive electronics innovation with its comprehensive suite, which includes: These modules are expected to streamline ADAS projects and boost the capabilities of…
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AEM expands sustainable EV motor production with £23m investment
Advanced Electric Machines (AEM), a specialist in sustainable motor manufacturing primarily for the automotive industry, has secured £23m (US29m) in investment that will be used to scale up production capacity at its facility in the UK Northeast, deliver ambitious growth plans to establish a global sales footprint, and bolster R&D capabilities. AEM’s motor technologies remove…
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6 spots around downtown Austin to check out
Check out the latest on these six downtown Austin-area businesses Now open RedFarm Operating partners Zach Chodorow and Jesse Herman, along with chef Joe Ng, opened the 5,700-square-foot modern Chinese restaurant in the Second Street District in early November. RedFarm uses locally sourced, seasonal ingredients to create unique dim sum and main dishes, such as…
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Autel Energy and Vattenfall Forge Strategic Partnership to Debut MaxiCharger AC Compact in Europe, Paving the Way for a Revolution in EV Charging
#inform-video-player-1 .inform-embed { margin-top: 10px; margin-bottom: 20px; } #inform-video-player-2 .inform-embed { margin-top: 10px; margin-bottom: 20px; } MUNICH–(BUSINESS WIRE)–Nov 22, 2023– Autel Energy, a leading provider of EV charging solutions, announced a collaboration with, Vattenfall that operates InCharge, one of Europe’s largest charging networks. This strategic partnership with Vattenfall, which will herald the launch of Autel’s…
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THYSSENKRUPP : Baader Bank keeps its Buy rating
thyssenkrupp AG is a Germany-based group of industrial and technology companies. It operates in five segments: Materials Services is engaged in the global distribution of materials and the provision of technical services for the production and manufacturing sector; Industrial Components manufactures forged components and system solutions for the resource, construction and mobility sectors, as well…
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Construction on battery research site underway
The Stellantis Automotive Research and Development Centre is starting to take shape. Construction is underway and the first of 228 steel columns are being installed at the new centre being built in Windsor. When complete, the 100,000 square foot facility will include 35 climatic test cells and 11 reach-in test cells to conduct climatic and…
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Thyssenkrupp : net annual loss of 2 billion euros
thyssenkrupp announces that sales amounted to 8.8 billion euros in the 4th quarter of its fiscal year (i.e. July-August-September 2023), down 17% on Q4 2022. At the same time, EBITDA fell by 60% to 283 ME, while EBIT came in at -1.7 billion euros, versus +432 ME previously, and adjusted EBIT stood at 88 ME…