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Aurora closes upsized public offering with gross proceeds of $483M

Robotics Business Review

and Morgan Stanley acted as joint book-running managers. Evercore ISI, Canaccord Genuity, TD Cowen, and Wolfe | Nomura Alliance acted as book runners for the offering. Goldman Sachs & Co., Allen & Co.,

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UK Automotive must be connected and informed

SMMT

The chance to network with innovative, well-informed automotive businesses and wider stakeholders is a huge advantage of SMMT membership, providing opportunities to form partnerships and accelerate growth at home and abroad. The post UK Automotive must be connected and informed appeared first on SMMT.

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Volkswagen Unveils Production-Ready Robotaxi

MBT

“With our fully autonomous complete solution, we are creating a mobility offering that is unique in this form: cities, municipalities, and fleet operators can provide autonomous mobility for all simply and reliably. Our driverless ID. The solution is rounded out by a third component: Operator Enablement.

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Five minutes with… Gary Pearson, Head of Sales & Marketing UK, MENA at INEOS Automotive

SMMT

Pricing and specifications for the Grenadier have been announced and order books opened in May 2022, with customers holding reservations now able to finalise their orders directly with INEOS online. It is one of Europe’s most modern automotive manufacturing sites with an established world-class workforce.

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Automotive can lead Britain’s recruitment drive

SMMT

The UK automotive sector is constantly striving for a commercial edge to attract global investment and the sharpest minds that make success happen on our shores, and with international competition for skilled workers more fierce than ever, business recruitment strategies have growing importance.

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Tire-changing startup RoboTire files for Chapter 7 bankruptcy

Robotics Business Review

Chapter 7 bankruptcy is the most common form of bankruptcy in the U.S. As customer expectations around the ‘buy and book online’ experience and our ability to deliver reduced wait times continue to grow, we will continue to pursue automation and enhancements that ensure an inviting, easy and safe experience for all our customers.”

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ATS gets US$140M in EV orders

Canadian Manufacturing

says its industrial automation business has received order bookings totalling USD $140 million from an existing global automotive customer. They also form part of a previously disclosed multi-phrase enterprise program. CAMBRIDGE — ATS Automation Tooling Systems Inc.