Indigo Technologies Secures Investment from Foxconn to Accelerate Smart EV Development
Indigo Technologies, a Smart EV Original Equipment Manufacturer (OEM) specializing in robotics, announced an investment from Foxconn.
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Indigo Technologies, a Smart EV Original Equipment Manufacturer (OEM) specializing in robotics, announced an investment from Foxconn.
Nidec: With the appointment, the Kyoto-based maker of automotive components and precision motors seeks to bring to an end a long-running succession struggle as it faces heavy price competition in China's electric vehicle market.
(Bloomberg) -- Tesla Inc. supplier and motors maker Nidec Corp. slashed its full-year operating income guidance by almost 20% on what its chairman said was “an ocean of red” in China’s electric-vehicle market. Most Read from BloombergApple Dials Back Car’s Self-Driving Features and Delays Launch to 2028China Weighs Stock Market Rescue Package Backed by $278 BillionRussia Says Military Plane With 65 Ukrainian POWs CrashedAckman Boosts Israel Support With 5% Stake in Tel Aviv BoursePrices are plun
The Apple iPhone contract manufacturer accelerates EV plans with a new Chinese base amid the slowing of smartphone contracts.
It’s become a cliche in the auto industry that modern vehicles are “iPhones on wheels.” Cars and SUVs are packed with computer chips, sophisticated sensors, touchscreens and data connections.