Hyundai Motor Group Takes a Stake in AI Semiconductor Firm Tenstorrent to Drive Future Mobility Development
Hyundai Motor Group (the Group) announced a strategic investment in Tenstorrent, an artificial intelligence (AI) semiconductor company based in Toronto, Canada, which will allow the Group to integrate AI into future Hyundai, Kia and Genesis vehicles, and other future mobilities, including robotics and advanced air mobility (AAM).
Continental has expanded its tool box for automotive software development: With the future virtual ECU Creator software (vECU Creator), developers at vehicle manufacturers, suppliers and third parties will be able to configure and run virtual cloud-based electronic control units in their specific development environments to help develop code for micro-controller and processor hardware that does not yet exist. The virtual ECU Creator is part of the Continental Automotive Edge (CAEdge) framework, which runs on Amazon Web Services (AWS).
Energy prices jumped nearly 6% in July, led by natural gas U.S. (17%) and oil (7.8%). Non-energy prices rose by 0.7%.
Metal prices gained 0.4%, led by tin (5.6%). Precious metals increased 0.9%.
Comau and Fincantieri, two Italian world leaders in their respective markets, present the first result of their joint collaboration: MR4Weld (Mobile Robot for Welding) mobile robot, an innovative outdoor automation solution to improve quality, performance and well-being during labor-intensive welding activities. The two Italian companies who started collaborating in 2021, continue their on-going relationship with the signing of a renewed agreement that includes the development of new robotic products and high-technology solutions.
The European Union (EU), through CINEA, will grant Renovatio e-charge 9.5 million euros for the construction of 242 new high-power charging stations for electric vehicles in Romania.
The EXPAND-E Consortium will install a total of 2,100 charging points (150-350 kW) for light and heavy electric vehicles in over 450 locations across 22 EU member states from June 2022 to June 2025. The EU is financing this project with a total grant of 70 million euros, of which 9.5 million euros goes to Romania.
HELLA, the automotive supplier operating under the umbrella brand FORVIA, and the luxury car manufacturer Porsche, have, in close cooperation with other partners, launched the world's first high-resolution headlamp based on matrix LED technology. With over 32,000 individually controllable pixels per headlamp, it raises automotive lighting technology to a new level. The digital headlamp system SSL | HD is now available for the first time in the new Porsche Cayenne as optional extra equipment.
Energy prices eased by 1.8% in June, led by coal (-13.1 %) and oil (-1.2%).
Non-energy prices fell by 1.9%.
Fertilizer prices dropped 9.3%.