Week In Review: Auto, Security, Pervasive Computing


Automotive, mobility The BMW Group will invest $1.7 billion in its U.S. operations to build electric vehicles and batteries, mostly in South Carolina. BMW will drop $1 billion in its South Carolina plant for EV production and $700 million for a new battery-assembly facility in the state. BMW also agreed to purchase battery cells from Japan-based Envision AESC, which plans to construct a new ba... » read more

Week In Review: Auto, Security, Pervasive Computing


Automotive, mobility Stellantis is buying Share Now, a car sharing service owned by BMW and Mercedes-Benz. Through the acquisition, Stellantis will be adding 3.4 million car sharing customers, 10,000 vehicles, and 14 new European cities to its Free2move car sharing service, which currently has 2 million users, 2,500 vehicles, and has 7 “mobility hubs” in the U.S. and Europe. ShareNow was a... » read more