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Hyundai and Wind River to create a virtual environment to test autonomous driving solutions

Key Insights and Signals – Automotive

Partnerships
Hyundai Mobis partners with South Korean Marine Corps to combat motion sickness in military vehicles
Hyundai Mobis is collaborating with the Republic of Korea Marine Corps to integrate motion sickness mitigation technologies in military vehicles, with the goal of improving comfort and combat performance while also exploring broader applications in defense and mobility. Read More>>
MG Motor India partners with Zeon Electric to accelerate EV charging infrastructure
MG Motor India will collaborate with Zeon Electric to improve EV charging infrastructure in strategic places, hence strengthening the electric vehicle ecosystem. The alliance seeks to create smooth charging experiences and accelerate the adoption of electric mobility in India. Read More>>
Hyundai Mobis, Wind River partner to set up virtual world for SDV Vehicle Solutions
Hyundai Mobis collaborated with Wind River to develop a software-defined vehicle digital twin technology. The collaboration intends to provide a virtual testing ground that will allow for extensive testing and development of automotive technologies. Read More>>


Centre Setup and Expansion
Continental headquarters opens in Hanover
Continental AG’s new headquarters in Hanover, Germany, brings together 2,400 people in a vibrant, campus-like environment that promotes collaboration and creativity. Continental’s growth into an innovative technological organization in the automotive industry is reflected in the design. Read More>>
Rivian announces plans for state-of-the-art EV manufacturing center in Georgia
Rivian’s new cutting-edge EV manufacturing facility will be located in Georgia for efficiency and sustainability, creating 7,500 employment, contributing to regional growth, and investing in charging infrastructure to support the rise in electric car usage. Read More>>


Executive Movement
Marc Hedrich becomes President and CEO of Kia Europe
Marc Hedrich is named President and CEO of Kia’s regional headquarters in Europe. Hedrich, who succeeded Won Jeong Jeong, is a European Business School alumnus with a wealth of experience in the automobile sector. Read More>>
Yamaha Motor Europe promotes Olivier Prévost to President and CEO
With over three decades of experience in numerous capacities across Yamaha Motor Group organizations, including Yamaha Motor R&D Europe and Yamaha Motor Europe, Olivier Prévost is scheduled to become President and CEO of Yamaha Motor Europe N.V. Read More>>


New Product Development and Product Launch
Tesla’s potential India launch sparks excitement for electric vehicle enthusiasts
Tesla’s India launch has sparked interest among car aficionados. It hopes to increase electric vehicle adoption and explore the nation’s potential in battery technology by releasing popular models. The move intends to transform the automobile sector and speed the use of electric vehicles. Read More>>
MG Motor India sets ambitious plan to launch seven new vehicles, focus on electrification
MG Motor India intends to launch seven new electric and hybrid vehicles in order to lead India’s sustainable mobility. The company anticipates a revolutionary impact through strategic collaborations and an expanded dealership network. Read More>>
Tata Motors set to launch affordable electric vehicle – Tata Nano EV
Tata Motors has introduced the Tata Nano EV. It intends to make electric transportation accessible in India. With a range of 250 kilometers, safety features, and fast charging capabilities. The goal is to make sustainable transportation affordable and convenient for the middle class. Read More>>

Latest Industry Insights from Draup Braindesk

Electric Vehicles and Autonomous Driving Solutions
  • VinFast intends to expand semiconductors and sensors for innovative applications to help streamline next-generation designs, technology, and manufacturing to enable safe, secure, and electric mobility, as well as develop a fully digital and in-store trade-in solution to provide customers with a convenient, seamless transition to electrified mobility. 
  • VinFast focuses on increasing battery research and development for automobiles, as well as expanding the business network to make electric vehicles available to consumers and distribute electric vehicle models by 2024. 
  • VinFast seeks to strengthen and simplify the network of charging stations in order to address the obstacles associated with EV adoption, contribute to the expansion of sustainable transportation, and provide electric car users with an accessible charging experience. 
  • VinFast focuses on the development of electric vehicles and autonomous driving technologies, as well as the integration of vehicles and smart technologies to provide a more seamless and safe autonomous driving experience.
ADAS and In-Cabin Radar Technology
  • VinFast focuses on improving autonomous driving technologies to identify possible collisions, provide driver warnings, and automatically take remedial actions to prevent accidents. 
  • VinFast employs In-Cabin Radar Technology, which detects and alerts when youngsters are left alone in a vehicle, contributing to increased passenger safety. Service providers with extensive experience in these areas would have a higher possibility to service VinFast.

Key Funding Alert

Riding the EV Wave: Ashok Leyland expands into electric vehicles
Ashok Leyland invested INR 662.5 Cr (US$ 79.5 Mn) strategically in the electric vehicle market, aligning with the worldwide shift toward cleaner transportation. Sharekhan’s ambitious objectives and confident outlook position the company for long-term growth in the expanding EV sector. Read More>>

Latest Reports Published in Draup

Gentherm Incorporated Account Intelligence Report
With climatesense technology, Gentherm focuses comfort in autonomous vehicles, giving individualized four-zone microclimate control. This improves general well-being and attentiveness, resulting in a premium driving experience for passengers. Read More>>

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