Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today that it has adopted at a meeting of the Board of Directors held on August 1, 2019 a resolution to execute a contract with GAC Components Co., Ltd. (“GAC Components”), a member of China-based Guangzhou Automobile Group Co., Ltd. (“Guangzhou Automobile Group”), to establish a joint venture to manufacture automotive traction motors
Valvoline Inc. – a leading worldwide supplier of premium branded lubricants and automotive services – announced today its franchisee, Westco Lube, Inc., has acquired a quick-lube location that is now operating as a Valvoline Instant Oil ChangeSM (VIOC) service center in Topeka, Kansas
On July 26, TÜV Rheinland Group (TÜV Rheinland) delivered the German certificate according to small electric vehicles directive (eKFV) to Segway-Ninebot, a Xiaomi Ecosystem smart travel product company, for its two vehicle types of electric scooter
Recogni Inc., the designers of a vision-oriented artificial intelligence platform for autonomous vehicles, recently announced $25M in Series A financing led by GreatPoint Ventures with participation from Toyota AI Ventures, BMW i Ventures, Faurecia (one of the world’s leading automotive technology companies), Fluxunit (VC arm of lighting and photonics company OSRAM), and DNS Capital
Seoul Robotics, a dynamic provider of perception software for autonomous systems introduced SENSR, a 3D perception software platform compatible with major 3D LiDAR sensors