Month: May 2023

Bosch is reorganizing its Mobility Solutions business sector, giving it more autonomy within the huge supplier’s corporate structure, and forecasting a surge in revenue to $88 billion by the end of this decade. The change reflects the auto industry’s global shift away from the parts and hardware that make up vehicles powered by internal combustion
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Founders: Praveen Penmetsa (CEO), Mark Schwager, Zachary Omohundro, Carlo MondaviLaunched: 2018Headquarters: Livermore, CaliforniaFunding: $116.4 millionValuation: $271 millionKey technologies: Autonomous vehicles, roboticsIndustry: AgriculturePrevious appearances on Disruptor 50 List: 1 (No. 20 in 2022) Persephone Kavallines Agriculture has been difficult to disrupt, and decarbonize. As the producer of the world’s first-ever fully electric, driver-optional smart tractor, Monarch Tractor’s goal
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TOKYO — Nissan Chief Operating Officer Ashwani Gupta will not be reappointed to the automaker’s board when his term expires next month, casting doubt on the future of the high-profile executive who had been seen in the running for CEO. The departure from the board of directors of the former long-time Renault executive comes as
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Terafab is an automated digital system featuring robots that build utility-scale solar farms, and its creators claim it’s able to double installation productivity yet reduce cost. Berkeley, California-based Terabase Energy‘s Terafab system features solar panel installation robots that can operate “24/7” on an automated assembly line on the solar farm’s site. The system uses robotic arms that
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MILAN – Cupra’s small full-electric hatchback to be launched in 2025 will be called the Raval, after a neighborhood in Barcelona. The first EV from Volkswagen Group’s sporty Spanish brand, the Born compact hatchback, was also named after a district in the city. Cupra’s main factory is in Martorell, west of Barcelona.  The Raval was
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Associated Press May 12, 2023, 05:52 PM ET INDIANAPOLIS — Danish driver Christian Lundgaard won his first IndyCar pole Friday, claiming the No. 1 starting spot for Saturday’s Indianapolis Grand Prix. Last season’s rookie of the year posted a fast lap of 1 minute, 9.3321 seconds on Indianapolis Motor Speedway’s 14-turn, 2.439-mile road course. It’s
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WASHINGTON, May 12 (Reuters) -The National Highway Traffic Safety Administration demanded the recall of 67 million air bag inflators because it believes there is a safety defect, but auto supplier ARC Automotive Inc. rejected the U.S. regulator’s request, documents released on Friday show. ARC air bag inflators are in General Motors, Stellantis, BMW, Hyundai Motor,
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