According to those in the industry, and researchers too, driverless cars will totally revolutionize the way we think about individual transport. They will change the way we work and rest. They could herald the end of traffic jams, and have the potential to change the lives of disabled people, to give a few examples. But… Continue reading As Cars Become Increasingly Driverless, People Are Already Seeking Analogue Motoring Experiences – Singularity Hub
Author: Google News Scanning
Local vehicle production to resume in Adelaide – WhichCar
While Holden’s Elizabeth car plant in Adelaide sits dormant since shuttering in 2017, just 20km down the road a new Australian electric vehicle startup will begin producing vehicles once more. ACE EV is the first company to build electric commercial vehicles on Australian soil, and has set a target to build 15,000 EVs by 2025.… Continue reading Local vehicle production to resume in Adelaide – WhichCar
Geely cashes in on AB Volvo volatility to raise €400m – GlobalCapital
Geely, which is rated BBB- with a stable outlook by S&P, worked with banks for more than a year, before launching the transaction late on Wednesday morning, following an extensive pre-sounding exercise with Asian and European investors that covered 90% of the deal prior to launch. UBS, Citi, Please take a trial or subscribe to access… Continue reading Geely cashes in on AB Volvo volatility to raise €400m – GlobalCapital
Jobs at risk at Telford Mahle car filter plant – BBC News
Up to 180 jobs are under threat as a car component manufacturer considers closing its plant in Telford. Mahle said its decision was due to a decline in order levels and a “planned reduction in investments and production locations”. The firm said the Halesfield 25 site in Shropshire was “no longer sustainable” and it was… Continue reading Jobs at risk at Telford Mahle car filter plant – BBC News
180 jobs under threat as manufacturer plans to close Telford site – shropshirestar.com
German-owned Mahle blamed falling orders for the potential closure of its site at Halesfield 25, where it makes air filtration products for the car industry. The group, which also has a distribution facility in Bilston, Wolverhampton, said it was now in consultation with its employees about the move. A statement on behalf of the firm… Continue reading 180 jobs under threat as manufacturer plans to close Telford site – shropshirestar.com
Henrik Fisker delays his luxury sports car and announces ‘mass-market’ electric SUV – The Verge
Henrik Fisker, the man behind the ill-fated Tesla-challenging Karma hybrid sports car and current CEO of Fisker Inc., has announced a new electric SUV with “close to 300 miles” of range that will start “below $40,000.” The car, which is the second that Fisker Inc. has announced, is due in the back half of 2021.… Continue reading Henrik Fisker delays his luxury sports car and announces ‘mass-market’ electric SUV – The Verge
South Korea’s LG Chem to team up with China’s Geely on EV batteries – Reuters UK
SEOUL (Reuters) – South Korean battery maker LG Chem Ltd said on Thursday it had signed an agreement to set up a joint venture with China’s Geely Automobile Holdings Ltd to produce batteries for electric vehicles. The two parties would invest $94 million each in the venture, LG Chem said in a statement. The joint… Continue reading South Korea’s LG Chem to team up with China’s Geely on EV batteries – Reuters UK
Yandex promises 100 driverless cars on the road by 2020 – VentureBeat
Russian tech giant Yandex has been testing autonomous vehicles on public roads since December 2017, starting in Moscow and later expanding to Innopolis and Skolkovo, Russia, as well as Las Vegas. The program’s next phase saw cars reach Tel Aviv’s city limits, and now, after five months of successful testing in Israel, the company is… Continue reading Yandex promises 100 driverless cars on the road by 2020 – VentureBeat
Henrik Fisker is back with his latest Hail Mary, a $40,000 electric SUV – Los Angeles Times
“At least with Elon, sometimes the timelines are a little bit hazy, but he has always pretty much delivered pretty soon after,” Urquhart said. “Eventually, Elon gets there. Henrik needs to eventually get there. He needs to show the industry, show customers, show the world, that he can do it.” Go to Source Go to… Continue reading Henrik Fisker is back with his latest Hail Mary, a $40,000 electric SUV – Los Angeles Times
China Moves to Stop a Crash in Booming Electric-Car Industry – Bloomberg
China Moves to Stop a Crash in Booming Electric-Car Industry Bloomberg As big as its car market is, China has decided that its 486 aspiring electric-vehicle companies are too many. The country is considering rules to raise the barrier to entry for electric-vehicle makers and nurture fewer but more competitive players, according to people familiar with… Continue reading China Moves to Stop a Crash in Booming Electric-Car Industry – Bloomberg