U.S. shares of Mobileye saw a 1.5% uptick in premarket trading as the announcement came through.
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This strategic move comes as a response to the anticipated scarcity of crucial chips that are essential for modern vehicles.
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The revamped Tiguan is anticipated to come with a range of powertrain options, including a plug-in hybrid variant.
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AUTOSAR aims to standardize vehicle ECU software architecture, enhancing the efficiency of automotive system software integration and development.
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INDUSTRY NEWSLatest News
Volkswagen Group Celebrates Outstanding Suppliers with 2023 Best Supplier Awards
Eleven Companies Recognized for Excellence in Five Categories at Prestigious Award Ceremony in Berlin
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INDUSTRY NEWSLatest News
Volkswagen Group Surges Forward: BEV Sales Skyrocket 48% to 321,600 Units in H1 2023
Europe Leads the Charge with 68% Growth; Volkswagen Brands Deliver Breakthrough Performance in BEV Segment
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Ford Keeps Doors Open to Reborn Electric Fiesta, Focusing on Strategic Priorities Amid VW Partnership
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Innovative ‘Dry Coating’ Technique Enhances Efficiency and Cuts Costs