Teco invests in ZEPT
Teco Electric & Machinery has acquired a 25% stake in ZEPT, a Taiwan-based startup that develops powertrain modules used in electric vehicles (EVs), for cooperation in developing EV-use power systems and tapping corresponding markets......»»
Holman invests in FM Capital; both will boost auto tech deals
Holman is a conglomerate that owns a alrge dealership group and its own venture capital arm......»»
GM invests in agile manufacturing strategy, building EVs alongside gas vehicles
The automaker has set up a flexible manufacturing strategy, with dedicated plants that build gasoline vehicles and EVs as well as plants that build both......»»
Alphabet invests another $5 billion in self-driving startup Waymo
Waymo is conducting more than 50,000 paid rides a week, Alphabet says. Enlarge / If you live in San Francisco, you might start to see these Waymo Zeekrs driving around. (credit: Waymo) Google's parent company, Alphabet,.....»»
TikTok Studio is a new platform to help creators manage their account
As TikTok increasingly invests in tools for creators, the social network announced on Friday a new TikTok Studio platform, which aims to help creators manage many aspects of their account in one place, whether on their smartphone or computer. mor.....»»
Ford invests in hybrids and battery recycling amid EV transition, company vice president says
Lisa Drake spoke about strategy changes that Ford has made involving EVs, as part of a keynote discussion at the Automotive News Leading Women Conference......»»
Toyota CEO Sato leads automaker to record profit, sales, production
Toyota reported record quarterly sales and record profits, but warned earnings will retreat in the current year as it takes a break from hectic expansion and invests in next-generation EVs, software and AI......»»
Toyota invests $1.4 billion in Indiana plant for large EV
The investment will add 340 jobs and a new battery pack assembly line, but details signal that either the Toyota Sienna or Toyota Highlander will become a full EV in 2026......»»
Tim Cook visits Singapore as Apple invests in a $250 million AI campus expansion
CEO Tim Cook has continued his tour of Asia by visiting Singapore, where he announced that Apple will spend $250 million to expand its existing campus there.Apple Marina Bay Sands store, SingaporeApple does not release Tim Cook's schedule in advance,.....»»
Tim Cook visits Singapore as Apple invests $250 million
CEO Tim Cook has continued his tour of Asia by visiting Singapore, where he announced that Apple will spend $250 million to expand its existing campus there.Apple Marina Bay Sands store, SingaporeApple does not release Tim Cook's schedule in advance,.....»»
Alethea raises $20 million to combat disinformation campaigns
Alethea announced the close of a $20 million Series B funding round led by GV, with participation from Ballistic Ventures, who led Alethea’s Series A funding in 2022. Also participating in the round is Hakluyt Capital, which invests alongside l.....»»
Disney invests $1.5B in Epic Games, plans new “games and entertainment universe”
Major move continues Disney's decades-long, up-and-down relationship with gaming. Enlarge / What is this, some sort of "meta universe" or something? (credit: Disney / Epic) Entertainment conglomerate Disney has announced.....»»
Toyota invests another $1.3 billion for EV production in Kentucky
The automaker will build a three-row EV in the US in 2025. Enlarge / Toyota Kentucky currently churns out Camry sedans, but from next year it will also make electric vehicles. (credit: Toyota) Toyota's factory in Georget.....»»
Toyota invests $1.3 billion more into Kentucky plant for EVs
Toyota will add $1.3 billion into its massive Kentucky assembly plant to build battery assemblies for future EVs and support "future electrification efforts.".....»»
NASA invests in new nuclear rocket concept for the future of space exploration and astrophysics
In the coming years, NASA plans to send several astrobiology missions to Venus and Mars to search for evidence of extraterrestrial life. These will occur alongside crewed missions to the moon (for the first time since the Apollo Era) and the first cr.....»»
Stellantis invests in French sodium-ion battery startup Tiamat
Sodium-ion batteries could offer an alternative to lithium, especially for inexpensive short-range EVs......»»
U.K. private firm invests in Dave Cantin Group
CEO Dave Cantin said the investment will help his firm expand its advisory services and geographic reach in the U.S., and eventually to international markets......»»
Apple supplier Luxshare invests $330 million in Vietnam plant
Vietnamese authorities are allowing AirPods supplier Luxshare to expand its production facilities, more than doubling its investment to $504 million.Apple CEO Tim Cook at a Luxshare plantLuxshare began as a company making accessories such as cables,.....»»
China Invests $5.4 Billion in Two-Year-Old Memory Chipmaker
The investment is a sign Beijing is doubling down on its efforts to achieve technological self-sufficiency and counter U.S. sanctions Semiconductor startup Changxin Xinqiao Memory Technologies Inc. has raised 39 billion yuan ($5.4 b.....»»
Amazon takes on Microsoft as it invests billions in Anthropic
The company is in a race among big tech firms to exploit the potential of artificial intelligence......»»
Amazon takes on Microsoft as invests billion in Anthropic
Amazon is in a race among big tech firms to exploit the potential of artificial intelligence......»»