Volta Trucks confirms successful Series B funding round with a total capital raise of €37 million into the company. Existing investor, New York-based Luxor Capital Group, LP, leads the funding round, further reinforcing their confidence in the Volta Trucks journey. Funding round also saw the participation of strategic partners such as Proterra and Agility, who showed strong conviction in the Volta Trucks story and a common vision for the future. Pre-orders for the Volta Zero now exceed 2,500 vehicles, with an order value of more than €600m, having doubled in the past three months.
Since 2017, the frames of the Mercedes G-Class have been manufactured fully automatically at MAGNA Presstec thanks to a KUKA production line. Now the off-road icon is getting an electrified update and a new production line for the electric variant. Here, the Austrian automotive supplier is once again relying on KUKA's technology expertise.
The number of digital and connected components in vehicles is steadily increasing, thus making their integrated control and monitoring more and more important. With the cloud-based platform e-connected, thermal management expert Eberspaecher will enable digital components and services to be intelligently applied and connected in the future.
Mouser Electronics Inc. today releases the fifth installment of the 2021 Empowering Innovation Together (EIT) program. The latest instalment offers deeper insight into the trends surrounding intelligent transportation systems through a featured blog, infographic, video and more.
Faurecia, one of the world’s leading automotive technology companies, has selected ENGIE to become a partner, supportingFaurecia in its commitment to reach CO2 neutrality for scopes 1 and 2 by 2025. Under this partnership, ENGIE, a world leader in low-carbon energy and services, will provide energy solutions to be deployed across 100+ Faurecia sites worldwide by mid-2022.
Design Features Renesas’ New Automotive HD Link (AHL) Technology and OmniVision’s OX01F10 1.3MP SoC to Deliver Low Cost, High Quality Video; Demonstration to be Available at AutoSens Belgium, September 15-16.
This year’s automechanika will see Continental unveil three new products that expand the automotive supplier’s already broad product range: air suspension dampers, compressors, and coolant thermostats.