Magneti Marelli

The Battery Show and Electric & Hybrid Vehicle Technology Expo North America Sells Out 2022 Expo Show Floor

Retrieved on: 
Friday, June 10, 2022
Other Energy, Hardware, Data Management, Alternative Vehicles, Fuels, Energy, Technology, Automotive, Other Manufacturing, Automotive Manufacturing, Other Automotive, Other Technology, Manufacturing, EV, Original equipment manufacturer, Program, Conference, Suburban Collection Showplace, Battery, Magneti Marelli, Solution, ATS Automation Tooling Systems, Method, Technology, Thermo Fisher Scientific, National Instruments, Electricity, NSF, Mobile phone, Navistar International

Slated to take place from September 13-15, 2022, the co-located trade show expanded the show floor to accommodate an extra 8,000 NSF, packed full of hundreds more industry-leading suppliers.

Key Points: 
  • Slated to take place from September 13-15, 2022, the co-located trade show expanded the show floor to accommodate an extra 8,000 NSF, packed full of hundreds more industry-leading suppliers.
  • "With the global battery technology market forecasted to grow from 92 billion in 2020 to 152+ billion by 2025 , consumers and OEMs alike are increasingly interested and investing in an electric and battery-powered future," said Kayle Kvinge, event manager of The Battery Show and Electric & Hybrid Vehicle Technology Expo.
  • Open Tech Forum Serves as the epicenter of the expo floor, hosting panel discussions, live demos, thought leadership presentations, and more.
  • Network with the advanced battery and electric & hybrid vehicle community over German beers, pretzels, bratwurst, and more on Wednesday, September 14.

Asset Value Investors (AVI) Submits Shareholder Proposals to Tokyo Radiator, a Subsidiary of Marelli, to Address the Weak Governance of the Listed-subsidiary Structure

Retrieved on: 
Monday, May 23, 2022
Professional Services, Finance, KKR, TYO, AVI, KVH Co. Ltd., Communication, Magneti Marelli, CEO

Asset Value Investors (AVI) today announces that it has submitted shareholder proposals to Tokyo Radiator Mfg.

Key Points: 
  • Asset Value Investors (AVI) today announces that it has submitted shareholder proposals to Tokyo Radiator Mfg.
  • Co. Ltd. (TYO 7235, Tokyo Radiator), a subsidiary of Marelli Corporation (Marelli), to address conflicts of interest between the parent company and minority shareholders arising from Tokyo Radiators listed subsidiary structure.
  • Joe Bauernfreund, CEO of AVI, comments: For almost five years, we have been in communication with Tokyo Radiator; Marelli, which holds approximately 40.1% of Tokyo Radiators shares; and Marellis parent company KKR, to resolve governance issues caused by Tokyo Radiators listed subsidiary structure and enhance Tokyo Radiators corporate value.
  • We submitted shareholder proposals in June 2021 as part of our engagement activities, but, since then, Tokyo Radiator has continued to ignore our proposals and has made little effort to improve its weak governance.

Marelli launches its Wireless Distributed Battery Management System

Retrieved on: 
Monday, May 23, 2022
Wired, Engineering, BMS, Electric vehicle, Multimedia, View, Solution, Wireless, Architecture, Algorithm, Efficiency, Brain, Industry, EV, Electronics, Communication, Technology, Battery management system, Sensor fusion, Charles Panati, Electron capture, Magneti Marelli, Video game console, Mobile phone, Electric battery

DETROIT, May 23, 2022 /PRNewswire/ -- Marelli, a leading global automotive supplier, expands its range of battery management technologies for electric vehicles with a new state-of-the-art Wireless Distributed Battery Management System (wBMS). This technology eliminates the wired physical connections typically needed in other Battery Management System (BMS) architectures, allowing for greater flexibility, increased efficiency, improved reliability and reduced costs, all crucial aspects in electric vehicles. Marelli is making available the solution starting from the second quarter of 2022, to support customer launches in 2024.

Key Points: 
  • The system reduces wiring harness by 90%, allowing for more flexibility, efficiency, reliability and reduced costs in electric vehicles
    DETROIT, May 23, 2022 /PRNewswire/ -- Marelli, a leading global automotive supplier, expands its range of battery management technologies for electric vehicles with a new state-of-the-art Wireless Distributed Battery Management System (wBMS).
  • Marelli is making available the solution starting from the second quarter of 2022, to support customer launches in 2024.
  • Developing an advanced Battery Management System is a fundamental task for the Electric Vehicles design, since it is a core and smart component in the complex architecture of the EV energy management.
  • In addition to this new wireless solution, Marelli already has a consolidated experience in the development of integrated and distributed BMS architectures over the years.

Technical partnership between Peugeot Sport and Marelli aimed at the 9X8 Hypercar hybrid powertrain system

Retrieved on: 
Monday, May 16, 2022
Knowledge, Engineering, Peugeot Sport, Telemetry, History, WEC, Electronics, News, Personality, Silicon, Marketing, Efficiency, Partnership, Le Mans, Kinetic energy recovery system, 2021 FIA World Endurance Championship, Hypercar, Technology, 905, 1992 World Sportscar Championship, Adoption, Peugeot, Magneti Marelli, Motor vehicle, Rail transport, Excellence

This crucial technological partnership is based on the development of the most efficient electric solution to match the extreme performance requirements of the hybrid powertrain system of the PEUGEOT 9X8 Hypercar, that will compete from 2022 in the World Endurance Championship (WEC).

Key Points: 
  • This crucial technological partnership is based on the development of the most efficient electric solution to match the extreme performance requirements of the hybrid powertrain system of the PEUGEOT 9X8 Hypercar, that will compete from 2022 in the World Endurance Championship (WEC).
  • Based on the partnership, Marelli will also get the exclusive status of "Peugeot Sport Official Partner", which, on top of the technology partnership, also foresees collaboration and mutual benefits in sponsorship, branding and marketing fields.
  • "We are excited for this new collaboration with Peugeot Sport" said Riccardo De Filippi, Head of Marelli Motorsport.
  • Find all the latest news about Peugeot Sport on its new website ( www.peugeot-sport.com ) and via the following platforms:

KKR Announces Tender Offer to Acquire Hitachi Transport System

Retrieved on: 
Thursday, April 28, 2022
Finance, Consulting, Logistics, Supply Chain Management, Professional Services, Transport, PHC, ESG, Life, NYSE, CEO, Sale, Share repurchase, Magneti Marelli, KKR, Twitter, Investment, TSE, HTS, Technology, Efficiency, Growth, Company, Mitsubishi, Voice acting in Japan, Transport, Biophysical environment, Retirement, Insurance, Software as a service, Security (finance), Cryptocurrency, Financial services, Social, Offer and acceptance

In connection with the tender offer, the Offeror has entered into an agreement (the Agreement) with Hitachi, Ltd. (Hitachi), the lead shareholder of HTS, under the terms of which, following a share consolidation after the tender offer, HTS will acquire Hitachis 39.91% holding in a share buyback.

Key Points: 
  • In connection with the tender offer, the Offeror has entered into an agreement (the Agreement) with Hitachi, Ltd. (Hitachi), the lead shareholder of HTS, under the terms of which, following a share consolidation after the tender offer, HTS will acquire Hitachis 39.91% holding in a share buyback.
  • The proposed tender offer price represents1:
    A premium of 166.22% to Hitachi Transport Systems 12-month average closing price to June 16, 2021
    A premium of 161.53% to Hitachi Transport Systems 6-month average closing price to June 16, 2021
    KKR expects to commence the tender offer by late September 2022, subject to regulatory approvals in Japan and other jurisdictions.
  • For details regarding the conditions of the commencement of the tender offer, please refer to the full text of the filing notice issued today titled, Notice regarding the commencement of the tender offer for Hitachi Transport System Ltd. (TSE stock code 9086).
  • If shareholders wish to make an offer to sell their shares in the tender offer, they should first read the tender offer explanation statement for the tender offer and offer their shares or stock options for sale at their own discretion.

Marelli Selects Upstream's AutoThreat® Intelligence to Achieve Unparalleled Cybersecurity for its Connected Vehicle Components

Retrieved on: 
Tuesday, April 12, 2022
Vilniaus prekyba, Magneti Marelli, Original equipment manufacturer, CEO, Intelligence, OEM, Industry, Herzliya, Ecosystem, Risk assessment, Medical device, Petroleum, Upstream

Herzliya, ISRAEL, April 12, 2022 /PRNewswire/ -- Upstream Security, provider of a cloud-based mobility cybersecurity and data analytics platform, which is purpose-built for connected vehicles and smart mobility services, announced today that Marelli, a leading Tier 1 global automotive supplier, selected Upstream's AutoThreat® PRO solution to leverage multiple data sources and advanced AI-based methodologies to secure its products and comply with current and future cybersecurity standards and regulations.

Key Points: 
  • Marelli will be utilizing Upstream's AutoThreat PRO, the automotive industry's leading cyber threat intelligence and risk assessment solution.
  • "Marelli is a strong partner in securing the automotive ecosystem, going above and beyond today's cybersecurity standards to collect critical in-field data."
  • Upstream Security provides a cloud-based data management platform purpose-built for connected vehicles, delivering unparalleled automotive cybersecurity detection and response (V-XDR)and data-driven applications.
  • The Upstream Platform unlocks the value of vehicle data, empowering customers to build connected vehicle applications by transforming highly distributed vehicle data into centralized, structured, contextualized data lakes.

Southfield Mayor Siver Delivers 2022 State of the City Address

Retrieved on: 
Friday, April 8, 2022
Housing, Lawrence Technological University, COO, Magneti Marelli, Ascension, Bikeability, State of the City address, CEO, Senior, Government, Commerce, Education, History, City, Retail, Interior design

SOUTHFIELD, Mich., April 8, 2022 /PRNewswire/ -- City of Southfield Mayor Kenson Siver gave his seventh State of the City Address on Wednesday, March 23, 2022. Business leaders and government officials mingled while enjoying a highlight video from the Southfield Area Chamber of Commerce. View video. 220 guests enjoyed lunch and listened to several engaging presenters. View full event video. 

Key Points: 
  • SOUTHFIELD, Mich., April 8, 2022 /PRNewswire/ -- City of Southfield Mayor Kenson Siver gave his seventh State of the City Address on Wednesday, March 23, 2022. Business leaders and government officials mingled while enjoying a highlight video from the Southfield Area Chamber of Commerce.
  • Mayor Siver began his remarks with announcements regarding new housing, business developments, and public art in Southfield.
  • Mr. Dedvukaj supported this, as the Northland City Center development will be a green-friendly downtown attraction for the City of Southfield.
  • Lathrup Village Mayor Kelly Garrett announced a 3-year commitment from Oakland County to have a Business Forward consultant housed in their city hall.

IndyKite, Marelli and Red Hat Join Automotive Grade Linux

Retrieved on: 
Wednesday, April 6, 2022
Adoption, Electronic Systems, Magneti Marelli, Linux Foundation, Growth, Semantic Web, Red Hat, Automotive Grade Linux, IVI, Linux, CEO, CTO, Software, Red, Industry, Technology, Ecosystem, Machine learning, IOT, UCB, Policy, ADAS, SAN, AGL, Satellite navigation device

SAN FRANCISCO, April 6, 2022 /PRNewswire/ -- Automotive Grade Linux (AGL), a collaborative cross-industry effort developing an open source platform for all connected car technologies, announces IndyKite, Marelli and Red Hat as new Bronze members.

Key Points: 
  • SAN FRANCISCO, April 6, 2022 /PRNewswire/ -- Automotive Grade Linux (AGL), a collaborative cross-industry effort developing an open source platform for all connected car technologies, announces IndyKite, Marelli and Red Hat as new Bronze members.
  • "Our active community of automakers and suppliers continues to expand and invest resources in AGL, demonstrating the value of participating in the AGL ecosystem," said Dan Cauchy, Executive Director of Automotive Grade Linux at the Linux Foundation.
  • "Red Hat is looking forward to working alongside AGL as we bring our open source, Linux-based expertise to the automotive software ecosystem," said Francis Chow, Vice President, Red Hat In-Vehicle OS.
  • Automotive Grade Linux is hosted at the Linux Foundation.

BlackBerry and Marelli Expand Collaboration in China Region to Power Next Generation Cockpit Technology

Retrieved on: 
Tuesday, March 22, 2022
Infotainment, SVP Worldwide, BB, QNX, EVP, DCU, Transport, Glass, NYSE, Ownership, BlackBerry, Original equipment manufacturer, SVP, TSX, Industry, Technology, Safety, Digital, Cockpit, Machine learning, Solution, BlackBerry Limited, Domain controller (Windows), AI, Mobile phone, Video game, Renewable energy, Magneti Marelli

Marelli has chosen the BlackBerry QNX Neutrino RTOS and BlackBerry QNX Hypervisor to power their Cockpit Domain Controller, a critical in-vehicle system featuring Infotainment and Digital Cluster functions.

Key Points: 
  • Marelli has chosen the BlackBerry QNX Neutrino RTOS and BlackBerry QNX Hypervisor to power their Cockpit Domain Controller, a critical in-vehicle system featuring Infotainment and Digital Cluster functions.
  • "We are pleased to expand our long-term collaboration with Marelli to further empower the automotive industry and our customers across the world," said John Wall, SVP and Co-Head, BlackBerry Technology Solutions.
  • "Together, we will continue to deliver innovative, integrated and intelligent next generation cockpit technology to the market underpinned by BlackBerry's safety-certified, secure and reliable solutions."
  • "A strong collaboration between BlackBerry and Marelli allows us to provide a safe, secure and reliable Digital Cockpit for Chinese OEMs and auto manufacturers."

Automotive Display Market to hit US$ 24 billion by 2028, Says Global Market Insights Inc.

Retrieved on: 
Wednesday, March 9, 2022
Hyundai Mobis, Industry, Volvo, Harman International, Alpine Electronics, BMW AG, USD, Hyundai, Google, Denso, Electronics, Visteon, Mitsubishi Electric, CES, Investment, Blaupunkt, MEA, Adoption, Original equipment manufacturer, OTT, Continental, Magneti Marelli, Sale, EVS, MTA, Continental AG, Technology, BMW, Environment, Yazaki, Video game, Satellite navigation device

SELBYVILLE, Del., March 9, 2022 /PRNewswire/ -- The automotive display market is expected to surpass USD 24 billion by 2028, as reported in a research study by Global Market Insights Inc. The rising popularity of infotainment systems and requirement of navigation systems are propelling the industry revenue.

Key Points: 
  • The proliferation of the automotive sector at a significantly pace across the globe is driving the automotive display market demand.
  • For instance, in June 2021, AB Volvo partnered with Google, Inc. to develop next generation automotive displays and display software.
  • The automotive display market was drastically affected in 2020 & 2021 due to the considerable transmission of COVID-19 virus.
  • Some major findings in the automotive display market report include:
    Availability of larger potential consumers for infotainment systems is boosting the business growth in North America.