The leading original equipment manufacturers (OEMs) in the automotive industry are expected to gain a 9% higher share through Software-driven transformation, as per the report from the Capgemini Research Institute.
Tag: automotive
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POSCO International to supply EV components to American startup
POSCO International Corp., a South Korean trading company along with a local auto parts manufacturer, Erae Automotive Systems Co., has received an order to supply electronic vehicle components to a North American startup.
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Pricol allies with Candera for global human machine interface
Pricol Limited announced a strategic partnership with Candera, a leading Human-Machine Interface (HMI) tool provider and development partner for worldwide automotive and industrial customers.
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Ramkrishna Forgings wins multi-year order from European auto customer
Ramkrishna Forgings Ltd won a multi-year order from a European customer in the auto segment worth 20 mn euros. The order will be implemented over four years and increases visibility for the company’s business.
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Sundaram Finance buys additional 8.3 % stake in Mind Srl
SFHL’s board of directors approved an investment of two million euros in the form of cash consideration. This move will increase SFHL’s stake in Mind Srl from 40.6% to 48.9%.
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Continental to acquire stake in Kopernikus Automotive
Continental is going to hold a minority stake in Leipzig-based start-up Kopernikus Automotive. The size of the investment has not yet been disclosed by either of the parties.
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DESTACO launches Model 84A40-1/84A50-1 Power Clamps
Double-arm design with tolerance compensation saves space and improves flexibility
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Continental to Celebrate 150th Anniversary
On October 8, 2021, Continental will celebrate its 150th anniversary. Since its foundation in Hanover, Germany in 1871, Continental has developed pioneering technologies and services for mobility.
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STMicroelectronics unveils ALED6000 single-chip automotive LED driver
STMicroelectronics’ ALED6000 single-chip automotive LED driver comes with an integrated DC/DC converter. It is a low-BoM solution that offers design flexibility and also keeps the lighting intensity consistent.
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Valeo to provide electric powertrains for Omega Seiki’s 2-3 wheelers
Valeo and Omega Seiki Mobility have signed a Memorandum of Understanding (MoU) under which Valeo will provide the electric powertrains for the OSM vehicle range.