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Apple to buy stake in McLaren, acquire Lit Motors - report

2016-09-22 08:53:00| Telecompaper Headlines

(Telecompaper) Apple is seeking a stake in luxury carmaker McLaren and is in talks to buy Lit Motors, an electric motorbike startup, people with knowledge of the matter told Bloomberg. The company is expected to make a large investment in McLaren, which would bring brand strength, advanced engineering and a portfolio of patents to Apple's efforts to develop self-driving cars. Lit Motors also has several international self-driving patents, and BMW, Audi and a South Korean automaker are also interested in acquiring Lit, the report said. McLaren denied it was negotiating with Apple. Apple and Lit Motors declined to comment.

Tags: report buy apple motors

 

NanoXplore awarded $3.3M from SDTC to explore use of graphene-enhanced plastics in electric motors

2016-09-21 12:55:25| Green Car Congress

Tags: explore electric motors awarded

 
 

Sika Automotive to Present at 2016 Insigh Edition at General Motors

2016-09-15 07:00:00| Coatings World Breaking News

Tags: general present edition automotive

 

General Motors: 4m vehicles recalled over safety bug

2016-09-09 18:48:39| BBC News | Business | UK Edition

The car company General Motors is recalling more than four million vehicles worldwide due to a software defect linked to at least one death.

Tags: general safety bug vehicles

 

Report: Daido Steel to make neodymium magnets in US for motors in hybrids and EVs

2016-08-26 12:55:31| Green Car Congress

Tags: make report steel motors

 

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