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GAC and Toyota sign strategic cooperation framework agreement to deepen partnership in electrification and intelligent networking

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Guangzhou Automobile Group Co., Chairman of Guangzhou Automobile Group Zeng Qinghong (left) and Toyota President Akio Toyoda (right). and Toyota Motor Corporation signed a Strategic Cooperation Framework Agreement to deepen their partnership in the fields of electrification and intelligent networking.

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MIT study finds materials risk exposure increases significantly with vehicle electrification

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Modern automobiles are built with more than 2,000 different compounds comprising 76 different elements. The researchers devised a metric of vulnerability, referred to as exposure, which captures economic importance and susceptibility to price changes. Karan Bhuwalka, Frank R. Field, Robert D. De Kleine, Hyung Chul Kim, Timothy J.

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Hyundai Motor Group’s Supernal unveils eVTOL vehicle cabin concept at 2022 Farnborough International Airshow

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Beyond the vehicle, Supernal is collaborating with external partners and the Group’s more than 50 affiliates—which span automobiles, automotive parts, construction, robotics and autonomous driving—to co-create the expansive AAM value chain. —Jaiwon Shin, President of Hyundai Motor Group and CEO of Supernal.

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Archer taps FCA to accelerate eVTOL production

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Archer, a manufacturer of electric vertical takeoff and landing (eVTOL) aircraft, and Fiat Chrysler Automobiles (FCA) have entered into a definitive agreement to enable Archer to benefit from access to FCA’s low-cost supply chain, advanced composite material capabilities, and engineering and design experience. trillion by 2040.

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Honda to invest $40B over 10 years in electrification and software; launching 30 EV models by 2030; > 2M units p.a.

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In a press briefing held in Tokyo on its initiatives in automobile electrification, Honda announced that it will spend approximately ¥5 trillion (US$40 billion) in the area of electrification and software technologies to further accelerate its electrification over the next 10 years, including both R&D expenses (¥3.5 trillion / US$12 billion).

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Larry Burns: Holistic approach required to achieve transformational change of transportation and the automobile; the power of “And”

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Stressing the power of “ and ” rather than “ or ”, he asserted that: The automobile is unsustainable without transformational change. The consumer value has to be greater than the market price. The energy challenge is not due to a lack of resources or knowledge; the challenge is due to a lack of integrated systems.

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Innovusion announces high-resolution image-grade LiDAR system Cheetah

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Our technology strategy was to create the Cheetah platform using a judicious combination of mature industry-proven technology combined with innovative in-house optical and systems expertise to be able to optimize the price/performance and manufacturability of the resulting solution. Junwei Bao, Innovusion CEO.

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