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Cars are getting bigger and more complicated, parking spaces feel smaller and smaller. With a rear view camera, parking is easier and safer. But what if your own car doesn't have one?
(Reuters) - Germany's southern state of Bavaria is in talks with Intel to build a European chip factory in a bid to counter supply bottlenecks that have hampered production in the automotive sector, the local economy minister said on Friday.
Several new electric vehicle manufacturers have hit snags, with the part forward not as optimistic as what was sold to investors.
SEOUL (Reuters) -Hyundai Motor Group is in talks with South Korean chip companies to help it reduce reliance on foreign supplies amid a global shortage that has halted assembly lines at automakers around the world, four people familiar with the matter told Reuters.
DETROIT (Reuters) - General Motors Co will supply electric batteries and hydrogen fuel cell systems for rail supplier Wabtec Corp's locomotives, in a move extending the No. 1 U.S. automaker's reach outside the automotive sector.
SINGAPORE (Reuters) - Singapore-headquartered Carro, a Southeast Asian online automotive marketplace, said on Tuesday it has raised $360 million in its latest funding round led by SoftBank Vision Fund 2, becoming the region's latest unicorn.
The US' Democratic Party are pushing to pass legislation to boost its semiconductor industry, as part of a US$250bil (RM1.02tril) package meant to improve the country's innovation.
(Reuters) -Apple Inc has hired Ulrich Kranz, a former senior executive at BMW AG's electric car division, to help its vehicle initiatives, Apple confirmed on Thursday.
Tesla executive Jerome Guillen has left the company after 10 years there, in part of a pattern of high-level executive departures, say analyst.
BERLIN (Reuters) -Robert Bosch opened a 1 billion euro ($1.2 billion) chip plant in Germany on Monday, a record investment by the leading automotive supplier as it stakes a claim to equipping the latest electric and self-driving cars.