Rivian selects AWS as preferred Cloud provider to deliver connected services & aid vehicle engineering
Key Signals in Automotive
Centre Setup and Expansion New technology development center of FAW-Volkswagen inaugurated The New Development Center (NDC) of FAW-Volkswagen aims to strengthen the innovation and R&D capacity of FAW-Volkswagen and help accelerate the company’s pace of electrical and digital transformation. Read More>> Dana TM4 to establish a new electrodynamics facility in Amal, Sweden The Dana TM4 Motive series permanent-magnet electric motors are designed as an efficient solution to meet the highest standards for efficiency, reliability, and performance. Dana TM4 is a joint venture between Dana Incorporated and Hydro-Qubec, North America’s largest renewable energy producer. Read More>> General Motors announces it will build a new cathode plant in North America The company will spend over USD 4 Bn to construct two battery factories in North America with South Koreas LG Chem. The new cathode facility will supply battery materials to the two factories that are currently under construction: the Ultium Cells facilities in Lordstown, Ohio, and Spring Hill, Tennessee. Read More>>Deals Knorr-Bremse wins contract for extensive remote condition The contract is a first for the rail industry and will help the operator to offer its passengers an even more sustainable, affordable, and modern rail service. Knorr-Bremse is upgrading a total of 733 HVAC systems on 172 trains with its digital remote condition monitoring solution, enhancing Siemens Mobility’s condition-based maintenance (CBM) capability. Read More>> DTEK Grids to implement GE Digital Advanced Distribution Management System as part of the digital transformation process GE Digital today will implement its Advanced Distribution Management System (ADMS) in DTEK Kyiv Grids Distribution System Operator (DSO), part of DTEK Grids in Ukraine. DTEK Grids’ goal with this implementation is to centralize small DSO dispatching centers and have a single unified network management system to reduce the power interruption time for customers. Read More>> Rivian selects AWS as its preferred cloud provider to drive efficiency, performance, and refinement of electric vehicles Rivian applies these innovations across its vehicle lines, including custom-built electric delivery vans (EDVs) for Amazon.com. AWS powers Rivian’s software-defined vehicle (SDV) architecture and over-the-air software updates, which will deliver new and improved functionality remotely. Read More>> Rheinmetall to supply new simulation technology for the German army’s Combat Training Centre The new simulation technology for the German army’s Combat Training Centre as part of a procurement contract for 440 state-of-the-art Training Device, Duel Simulator (AGDUS), Passive Vehicle systems awarded to the company by the Federal Office for Bundeswehr Equipment, Information Technology, and In-Service Support. Read More>>Partnerships Kyndryl and NetApp form strategic partnership to deliver critical enterprise data infrastructure to BMW Group Kyndryl will serve as the lead integrator. It will apply its expertise and global reach to manage the enterprise storage infrastructure critical to the automaker’s production process. NetApp provides the hybrid cloud data infrastructure foundation for all of BMW Group’s data center needs, delivering best-in-industry network-attached (NAS) and scale-out storage infrastructure. Read More>> Daimler, Bosch partner to bring driver-assistance tech to trucks Big rigs inadvertently drifting into another lane could become less of a hazard on roadways as Daimler Trucks North America and supplier Robert Bosch roll out a new driver-assist feature for trucks. The technology, which received a 2021 Automotive News PACE Award, underscores how advanced driver-assistance systems are increasingly moving into the commercial vehicle space. Read More>> Geely’s Zeekr gets smarter and signs lidar cooperation with Robosense The two entities will gather resources to help Zeekr create intelligent vehicles. Zeekr will only focus on premium electric vehicles; consequently, the 001 is the first vehicle built on Geely’s all-electric Sustainable Experience Architecture (SEA). Read More>> Tech leaders partner with TomTom to transform the digital cockpit experience through TomTom IndiGO By joining the TomTom IndiGOs ecosystem, vendors have a new way to bring their solutions into the cockpit. TomTom IndiGO makes it easy for automakers and Tier 1s to integrate the Amazon Alexa Auto SDK into their digital cockpit software platforms. Read More>>Mergers and Acquisitions IBM acquired SXiQ to modernize applications and technology infrastructure in the cloud Companies are very clearly deploying hybrid cloud strategies as interoperability, security, compliance, and avoiding vendor lock-in are top of mind, said John Granger, Senior Vice President, Hybrid Cloud Services, IBM Consulting. Read More>> Hankook Tire acquires a controlling stake in Canada’s Preciseley Microtechnology Micro-electromechanical systems (MEMS) are used to create tiny integrated devices or systems that combine mechanical and electrical components. Preciseley develops MEMS solutions for optical communications systems, automotive and 3D sensing applications. Read More>> Greenhous Group adds four DAF locations with Heatons Truck Group acquisition Greenhous Group has continued its growth in commercial vehicles with the acquisition of Heatons Truck Group. Derek Passant, the chief executive of the Greenhous Group, said: Were delighted to welcome these four new sites into the Greenhous Group. Read More>>Executive Movement Dana Incorporated names new Chief Financial Officer Mr. Kraus succeeds Jonathan Collins will leave Dana to become CFO of Clarivate plc, world-leading information and analytics provider. An officer of the company with more than a decade of experience at Dana, Mr. Kraus most recently served as senior vice president of finance and treasurer. Read More>> Meet Nicolas Brown, the new President of McLaren McLaren, The Americas have announced that Nicolas Brown has been given the permanent appointment as President of the Americas region. Brown is a perfect pick for the position as he has spent many years within the automotive industry. His interim position will be a permanent one, which spells great news for the McLaren brand in the Americas. Read More>>
Latest Industry Insights from Draup Braindesk
Draup has analyzed the key initiatives of the top OEM and Solution Providers across the automotive battery sector. We had identified the market overview and some of the key trends across the battery market.
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Key Funding Alert
Vietnamese EV maker VinFast eyes IPO in the US in H2 of 2022
The offering will aim to raise at least USD 3 Bn. Vingroup established VinFast to produce electric cars and two-wheelers locally. Besides the US, it opened branches in Canada, France, Germany, and the Netherlands. It aims to begin delivery in late 2022 in the US. Read More>>
Startup Spotlight
Company – Trojan Energy Total Funding – USD 8.12 Mn About: Trojan Energy supports the roll-out of its on-street flat and flush electric vehicle charging points, aiming to solve the issue for vehicle owners who do not have access to off-street parking. It addresses the lack of EV charging infrastructure within the urban environment. Read More>>
Latest Reports Published in Draup
Lamborghini Account Intelligence Report: Lamborghini has adapted carbon fiber for lightweight, highly resistant structural parts in exterior, interior, engine bay cover, and rims. It is developing a supercapacitor, next-gen vehicle accessories, and digital connectivity solutions. Read More>>
Magna International Account Intelligence Report: Magna stretches its growth by expanding seating production capabilities and addressing the driving capacity for Eastern Europe. It intends to develop powertrain electrification, advanced assistance systems, electric vehicles for venerable conveyance manufacturing. Read More>>
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