Foxconn to Invest $170 Million in EV Truck Maker Lordstown Motors

Car News, Automotive Trends, and New Model Announcements

Whether on servers, PCs, or workstations, GDDR can be harnessed for video processing, gaming and more. Energy & Environment We advance the industry’s environmental goals by working with policymakers to create smart regulations, spur innovation, and account for the needs of consumers. No other industry in America has such an expansive reach to every state, delivering economic benefits and creating jobs in so many different sectors. In this Future Driven Forum, we’re joined by leading government officials to examine the benefits of V2X, identify the remaining barriers, and explore ways to foster widespread deployment. Intuitive, informative, and immersive in-vehicle experiences, enriching travel for drivers and passengers.

Our employees are the foundation of our company and are crucial to our success. The obvious signs of climate change, growing demands for social justice and rapidly changing expectations regarding work-life balance require a dedicated effort to renew the corporation. Consumers are increasingly weighing up auto manufacturers’ commitments to sustainability and ethical standards when making their vehicle purchase decisions. Large institutional investors have started to ban investments in companies in the industry that don’t meet stringent ESG standards.

  • Chery and Israel Corporation has a joint venture called Qoros, both companies hold a 50-50% stake.
  • In this brand-new era of automotive innovation, are you ready to develop and deploy next-gen software-defined vehicles?
  • Our portfolio includes solutions for any applications – for cars with combustion engines and for electrified vehicles.
  • Here, the ams motor control sensor portfolio offers high accuracy at high rotation speeds, while remaining inherently immune to the external magnetic fields induced by the high currents flowing through the motor.

Looking to branch out, Volkswagen has tried its hand at designing transport for workers stuck behind a desk. VW’s new high-tech office chair comes complete with an electric motor, headlights, horn, an entertainment system, and even a trailer hitch. These example sentences are selected automatically from various online news sources to reflect current usage of the word ‘automotive.’ Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Imagine my surprise to have read that the 1980s were actually a golden age of American automotive manufacturing — thanks, of course, to Reaganite protectionism. Theoretically, someone on foot, bicycle or other non-automotive vehicles could travel from Bear Lake to St. George using primarily this new system.

Safety for the automobiles themselves implies that there is no risk of damage. Expect dramatic changes as cars morph from machines into devices in the coming years. Here are 16 notable changes and four interviews with industry leaders behind the vehicle’s digital transformation. In close collaboration with Synopsys, the EDA leader for comprehensive automotive solutions, we have reached a higher standard with a unified automotive reference flow based on our 14LPU process technology. Samsung Foundry’s automotive reference flow, enabled using Synopsys’ differentiated automotive design flow, will help our customers streamline their safety-critical SoC design projects, including ISO compliance. Finding more energy-efficient and environmentally friendly paint systems is a key challenge for automotive manufacturers.

Trends such as Mobility, Autonomous driving, Digitalization and Electrification are causing fundamental shifts in both technology and business models. Autonomous driving – self-driving cars – especially at level 4+, threatens to further exacerbate the shared mobility trend with the promise of drastically reduced costs per mile. Digitalization and software have become the new battleground for differentiation in the automotive industry and has carmakers losing ground to tech companies and digital players.

The bank that turned social innovation into profit

Our Future Mobility North America online event brings together more than 1,000 stakeholders to discuss the business models, technologies and trends shaping the future of mobility. Our Future Mobility Europe online event brings together more than 1,000 stakeholders to discuss the business models, technologies and trends shaping the future of mobility. The nation’s largest manufacturing sector, the auto industry, remains focused on ensuring our workforce and customers are safe and have a path to economic recovery. We strongly support initiatives to help those affected by the current public health and economic situation while returning the economy to full strength. Together with our unique, powerful partner ecosystem, Arm can resolve the most demanding automotive hardware and software challenges, from the sensor to the cloud.

Buying into better™: Shaping tomorrow’s consumer industry today

Connecting advanced technologies and trusted technical knowledge to your automotive workflows. AutomotiveMastermind helps dealers predict future buyers from their loyal, service-not-sold and conquest portfolio and from one innovative platform. Strategic insights and forward-looking advice to give you an edge in today’s ever-changing automotive landscape.

Isuzu and Anadolu Group have a 50-50% joint venture called Anadolu Isuzu. Dongfeng Motor and PSA Group have a 50-50% joint venture called Dongfeng Peugeot-Citroën. Daimler AG and BYD Auto have a joint venture called Denza, both companies hold a 50-50% stake.

Toyota holds a 16.7% stake in Subaru Corporation, parent company of Subaru. Renault and Nissan Motors have an alliance (Renault-Nissan Alliance) involving two global companies linked by cross-shareholding, with Renault holding 43.4% of Nissan shares, and Nissan holding 15% of (non-voting) Renault shares. Please help update this article to reflect recent events or newly available information. Yes, I’d like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. Teton Motors in Jackson, Wyo., has invested in 12 housing units to rent to its workers at a lower market rate.

Each contributes its own highly specialized know-how to the company – and ultimately to our customers. We are the European network for the engineering and manufacturing of future vehicles. Learn more about how software platforms are disrupting the automotive industry, especially Tier 1 suppliers, and how this affects the automotive value chain.