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Renesas acquires Indian 4D imaging radar start-up Steradian

Renesas Electronics Corporation announced that it has completed the acquisition of Steradian Semiconductors Private Limited (“Steradian”), a fabless semiconductor company providing 4D imaging radar...

Apple Music and Mercedes-Benz Bring Premium Immersive Spatial Audio to Drivers Worldwide

Apple and Mercedes‑Benz announced that Apple Music’s highly acclaimed Spatial Audio with support for Dolby Atmos is now available as a native experience in...

BMW Comments on Shift of Production to China From UK

According to a report by The Times on October 14, German auto company BMW Group will stop producing its MINI electric vehicles in Oxford,...

Chinese Auto Brands Are Surpassing Global Firms Like BMW, Mercedes and Audi

According to data released on October 11 by the China Passenger Car Association (CPCA), the cumulative retail share of Chinese car brands in the...

Global 300mm Semiconductor Fab Capacity Projected To Reach New High in 2025

Semiconductor manufacturers worldwide are forecast to expand 300mm fab capacity at a nearly 10% compound average growth rate (CAGR) from 2022 to 2025, reaching...

VW to invest €2.4 billion to form JV with Chinese firm Horizon Robotics

Volkswagen will take a 60 percent stake in the joint venture, and its software subsidiary Cariad will develop autonomous driving solutions with Horizon Robotics. Cariad,...

Amazon Web Services and BMW Collaborate to Deliver New Cloud-Based Vehicle Data Platform

Joint software will accelerate the introduction of new data-driven features, services, and enhancements for drivers, and help automakers advance connected-car and software-defined vehicle capabilities Amazon...

Mercedes-Benz and Microsoft collaborate to boost efficiency in car production

Mercedes-Benz and Microsoft Corp. collaborate to make vehicle production more efficient, resilient and sustainable. With the new MO360 Data Platform, Mercedes-Benz is connecting its...

500 million connected cars provide major new opportunity for media companies

The connected car market is the latest battleground for media companies, as they prepare to fight for a piece of an addressable market that...

NIO to Introduce Purchasing Option in Four European Countries

Chinese electric vehicle firm NIO officially launched in the German, Dutch, Danish and Swedish markets last week under a lease-only business model, meaning that...

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