IVEX, Belgium's #DeepTech#startup developing technology for #automotive#safety testing, has raised €5 million in Series A to accelerate its #engineering roadmap and expand its presence in North America and Asia. 🇧🇪 🚗🛡️
BMW is set to cut 8,000 jobs globally as it restructures to counter slowing demand and intensifying competition from Chinese EV makers. The automaker's shares are down 36% this year, with analysts calling its recent outlook downgrade a wake-up call. #BMW#EV#Automotive#China
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