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Added on the 19/05/2016 14:22:08 - Copyright : Reuters EN
Kia has revealed its Platform Beyond Vehicle (PBV) future strategy at the 2024 Consumer Electronics Show (CES) in Las Vegas. Kia’s PBV business will initially be based around the introduction of an all-new, modular vehicle, previewed by the Kia Concept PV5.This future vision was presented alongside a multi-phase plan that will see PBVs revolutionize the mobility industry while helping to advance Hyundai Motor Group’s ambitions in robotics, Advanced Air Mobility (AAM), and autonomous driving.Kia PBVs are a total mobility solution that combines fit-for-purpose EVs with advanced software solutions based on the Hyundai Motor Group’s software-to-everything, or SDx, strategy. As a Platform Beyond Vehicle, Kia PBVs will open the door to new businesses and lifestyles by redefining the concept of space thanks to advanced, tailored interiors that provide ultimate freedom and flexibility.
The EU on Wednesday approved the proposed blockbuster buyout of US agri-giant Monsanto by German chemical firm Bayer after securing concessions in order to win approval. SOUNDBITE
The German drug and chemicals company is paying a hefty premium for the American seeds maker. As Fred Katayama reports, the deal will likely face close regulatory scrutiny.
Germany's Bayer has raised its offer for Monsanto to $65bn, or $127.50 a share, and says that negotiations to create the world's biggest agricultural seeds supplier are advancing. But will it be enough to seal a deal? David Pollard reports.
Monsanto is talking to Bayer AG and others about "alternative strategic options," a month after the U.S. seed producer rejected the German company's $62 billion takeover offer. Bobbi Rebell reports.
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