Mercedes-Benz Group News
8 articles
growth-positive
Strength Seen in Gauzy Ltd. (GAUZ): Can Its 9.4% Jump Turn into More Strength?
Gauzy Ltd. experienced a 9.4% increase in its stock price, closing at $6.51, driven by high trading volume. The company is seeing strong demand for its smart glass and safety technologies, supported by strategic partnerships with major automakers like General Motors and Mercedes-Benz. A significant milestone was achieved with the first delivery of General Motors’ Cadillac CELESTIQ featuring Gauzys SPD smart glass technology. Despite an expected quarterly loss of $0.40 per share, revenues are projected to rise by 18.6% to $28.96 million. The stock carries a Zacks Rank #2 (Buy), indicating positive growth potential.
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Mercedes to Test Autonomous Electric Sedan in Israel
Mercedes-Benz is preparing to test an autonomous car on public roads in Israel later this year. The company is working to obtain regulatory approval from Israeli authorities. Mercedes will manage the test out of its research and development center in Tel Aviv. The automaker is already conducting research with self-driving vehicles in the U.S. and Europe. Mercedes aims to find technology in Israel to shape its future self-driving cars. Mobileye is the only company that has obtained authorization to conduct tests on public roads in Israel.
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http://www.jpost.com/Israel-News/Mercedes-Benz-and-BGU-launch-innovation-challenge-519705
Mercedes-Benz has launched a challenge in collaboration with Ben-Gurion University in Israel called The Next 100 Million. The challenge invites all Israeli students to develop ideas for the competition, aiming to define what constitutes the 100 million. The collaboration with the university is part of Mercedes-Benzs strategy to create an ecosystem of innovative concepts for future products and technologies. The challenge seeks to strengthen the bond between the brand and its customers by uncovering new and groundbreaking ideas. The partnership with Ben-Gurion Universitys Bengis Center for Entrepreneurship and Innovation allows Mercedes-Benz to tap into the entrepreneurial and innovative spirit of Israel.
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http://www.jpost.com/Israel-News/Mercedes-Benz-and-BGU-launch-innovation-challenge-519705
Mercedes-Benz has launched a challenge in collaboration with Ben-Gurion University called The Next 100 Million. Israeli students from all fields are invited to develop ideas for the competition, which aims to define what constitutes the 100 million. The challenge connects competitors to real-world opportunities and allows global organizations to access innovative thinking from students. Mercedes-Benzs collaboration with Ben-Gurion University is part of their strategy to create an ecosystem of innovative concepts for future products and technologies. The company recently opened an R&D center in Israel and aims to integrate the ideas from the challenge into their future technologies and business models.
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Daimler CEO inaugurates Tel Aviv R&D center
Daimler CEO and Mercedes-Benz chairman Dieter Zetsche inaugurated Daimlers Israel research and development center, which will focus on the companys Connected and Autonomous Shared and Service Electric Drive (CASE) strategy. The center will help develop the new generation of Mercedes-Benz autonomous cars and technologies appropriate for the current generation of vehicles. Daimler also plans to partner with startups and invest in or acquire technologies. The company has already invested in Israeli smart transportation company Via, battery charging startup Storedot, and smart glass developer Gauzy. The new hub in Tel Aviv aims to meet customer expectations for software and data protection.
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Israeli start-up announces collaboration with Mercedes-Benz
Israeli start-up Gauzy has been working in collaboration with Mercedes-Benz Cars Daimler AG for the past three years. Gauzy has developed technology using liquid crystal film that can be embedded into raw materials, with a focus on glass, to control transparency and opacity. The technology is set to be incorporated into future Mercedes models. Gauzys CEO delivered a keynote speech at an automotive high-tech competition, where he showcased the companys technology. The collaboration between Gauzy and Mercedes-Benz has been praised by Professor Thomas Weber, a member of the Board of Management of Daimler AG. The event also highlighted the strong presence of Israeli start-ups in the competition.
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Daimler to open Israeli R&D center
Daimler, the German corporation that controls car manufacturer Mercedes Benz, is opening a new R&D center in Tel Aviv. The center will focus on car mobility and information services, as well as the development and testing of various projects and user interfaces. It will also seek connections with Israeli startup companies and explore financial, legal, and strategic aspects of cooperation with local partners. This move aligns with the trend in the automotive industry of opening research or development centers in Israel. General Motors and Renault already have R&D centers in Israel, and other manufacturers are considering investment opportunities in Israeli companies.
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http://www.jpost.com/Business-and-Innovation/Daimler-plans-to-open-R-and-D-center-in-Tel-Aviv-471932
German corporation Daimler plans to open a new R&D center in Tel Aviv, focusing on car mobility and information services. The center will also develop connections with Israeli start-ups and explore investment opportunities in automotive or car-related technology companies. This move aligns with the trend of automotive companies opening research or development centers in Israel. Daimlers expansion is expected to have a positive impact on the companys growth.
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