NXP (NXPI) and NIO (NIO) Collaborate on 4D Imaging Radar Deployment

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'We are not setting up a joint venture', VW and Bosch cancel plans for battery cells

May 4, 2023 9:22 AM EDT

Bosch announced Thursday along with German carmaker, Volkswagen that the two companies have cancelled their plans to create a joint venture to equip battery cell factories.

The joint venture, announced at the beginning of 2022, was designed to deliver battery production systems, as well as assisting battery cell manufacturers... More

Nio (NIO) collaborates with NXP (NXPI) to leverage 4D imaging radar

May 2, 2023 1:40 PM EDT

Premium electric vehicle maker Nio Inc. (NYSE: NIO) announced alongside NXP Semiconductors N.V. (NASDAQ: NXPI) on Tuesday that the Chinese automaker will leverage NXPs leading automotive radar technology, including its ground-breaking imaging radar solution.

With NXPs lates 4D imaging radar, cars will be able to detect and classify objects such as other vehicles and... More

Fisker (FSR) partners with Ample to employ battery swapping technology

May 2, 2023 12:12 PM EDT

Electric automaker, Fisker Inc (NYSE: FSR) said Tuesday that it would be partnering with new energy company, Ample to deliver Ocean electric SUVs with swappable batteries by the start of next year.

Fisker is hoping its partnership with the battery startup will help the... More