“Our successful merger with Tyco has greatly enhanced our existing capabilities and expanded our portfolio of products and solutions. Our combined insights and world-class technologies will help us to better meet the needs of our customers throughout the entire lifecycle of their buildings,” said On display at the Johnson Controls booth at ACREX 2017 were technologies designed to advance energy efficiency and increase building intelligence.
Category: Automakers
VW Subsidiary Invests $2 Billion to Promote Electric Cars
Volkswagen AG has formed a new subsidiary to manage the $2 billion it is required to spend over the next decade in support of zero-emission vehicles in the U.S. The company, Electrify America LLC, will invest in the construction and maintenance of electric vehicle charging stations, including a “high-speed, cross-country” network of more than 200 fast-charging stations for electric cars. It will also install more than 300 chargers in 15 U.S. metropolitan areas and fund “brand-neutral” advertising campaigns to promote awareness about electric cars, among other activities, the company announced Tuesday.
It’s Pedal to The Metal for Driverless Cars
When a May 2016 crash killed the person operating a Tesla Model S driving in Autopilot mode , advocates of autonomous vehicles feared a slowdown in development of self-driving cars. October saw Tesla itself undeterred by the fatality.
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This transformative initiative will ensure agility and flexibility across Daimler’s global contracting in their passenger cars, commercial vehicles, and financial services divisions. The company chose the ICM platform because of its ease of use, ability to address every phase in the contract lifecycle and seamless integration with third party systems that support the entire procurement process.
Press Digest – Wall Street Journal – Jan 11
Jan 11 The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
VW Taps Hippie Heritage With Electric Microbus Amid Revamp
Volkswagen AG unveiled a battery-powered version of its iconic hippie-era Microbus as the carmaker overhauls its U.S. lineup to move beyond its emissions-cheating scandal. The latest iteration of the van, a concept dubbed the I.D. Buzz, is part of the VW brand’s strategy to deliver 1 million electric vehicles annually by 2025.
Ford and Toyota Establish SmartDeviceLink Consortium
Ford and Toyota are establishing SmartDeviceLink Consortium, a nonprofit to manage open source software for smartphone app development for vehicles Members include automakers Mazda Motor Corporation, PSA Group, Fuji Heavy Industries Ltd. and Suzuki Motor Corporation, as well as suppliers Elektrobit, Luxoft, and Xevo Consortium focused on significantly increasing choice for consumers in how they connect and control their smartphone apps on the road LAS VEGAS, Jan. 4, 2017 — Ford Motor Company and Toyota Motor Company are forming SmartDeviceLink Consortium, a nonprofit organization working to manage an open source software platform with the goal of giving consumers more choice in how they connect and control their smartphone apps on the road.
Ford, Toyota Form Telematics Bloc to Stymie Google and Apple
Ford Motor Co. and Toyota Motor Corp. have formed a consortium with four medium-size automakers to speed development of auto-industry standards for in-vehicle apps, a step toward preventing Apple Inc. and Google from controlling how drivers connect smartphones to their cars and trucks.
Mistry Steps Down From Tata Companies Amid Fight With Scion
Ousted Tata Sons Ltd. Chairman Cyrus Mistry resigned as director of group companies on the eve of shareholder meetings to remove him and pledged to take the fight with the scion of the $100 billion conglomerate to a “larger platform.” Mistry stepped down as a director in Tata Steel Ltd., Tata Chemicals Ltd., Tata Global Beverages Ltd. and Indian Hotels Co., and as chairman of Tata Motors Ltd., the five companies said in stock exchange filings.