Vietnam’s first domestic automaker is leveraging Italian design along with German and Austrian engineering and manufacturing expertise, including Magna International subsidiary Magna Steyr, for its first two production vehicles. After an extremely short time to market, VinFast debuts a Pininfarina-designed SUV and sedan this week at the Paris auto show. These vehicles will arrive roughly… Continue reading Vietnam’s VinFast taps Magna Steyr, other suppliers to become a global player – Automotive News
Author: Google News Scanning
UPDATE 1-Self-driving startup Zoox gets OK to offer autonomous rides to the public – Reuters
SAN FRANCISCO (Reuters) – Self-driving car startup Zoox Inc has become the first company to receive approval from California regulators to operate an autonomous ride service for public passengers, state regulators said on Friday. The California Public Utilities Commission said Silicon Valley-based Zoox is the first company to join a state pilot program in which… Continue reading UPDATE 1-Self-driving startup Zoox gets OK to offer autonomous rides to the public – Reuters
Sweden’s Folksam buys AP1 stake in Geely’s Volvo Cars – TimesLIVE
21 December 2018 – 10:55 By Reuters VolvoImage: Supplied Sweden’s Folksam has acquired Swedish national pension fund AP1’s preference shares in Geely-owned Volvo Car Group, the insurance and savings group said on Friday. Folksam said in a statement it had bought preference shares, which would be converted to common stock if the carmaker were to… Continue reading Sweden’s Folksam buys AP1 stake in Geely’s Volvo Cars – TimesLIVE
Tesla-rival Lucid Motors hiring is up 300% since Saudi investment – Thinknum Media
Last fall, California-based electric vehicle startup Lucid Motors ($LUCIDMOTORS) picked up a massive billion-dollar investment from the Public Investment Fund of Saudi Arabia. We reported on the deal last month, nothing that Lucid had embarked on a massive hiring spree. At the time, Lucid had already doubled the number of openings at the company. As of… Continue reading Tesla-rival Lucid Motors hiring is up 300% since Saudi investment – Thinknum Media
‘Waymo’s not on our radar’ – Henrik Fisker on the future of premium shared mobility – Automotive World
At the tap of a button, your ride from the coffee shop to the airport has been confirmed – a ticker on the smartphone displays an approximate arrival time, and a pin highlights the exact pickup location. With little more than a whirr from its electric motors, a shuttle soon glides to the side of… Continue reading ‘Waymo’s not on our radar’ – Henrik Fisker on the future of premium shared mobility – Automotive World
Dr M hopes Proton Geely collaboration will produce truly Malaysian car – New Straits Times
Dr M hopes Proton Geely collaboration will produce truly Malaysian car New Straits Times KUALA LUMPUR: Prime Minister Tun Dr Mahathir Mohamad said he hoped the Proton-Geely collaboration will lead to the production of a truly Malaysian car in … Go to Source Go to Source
Chinese startup buys automaker for shortcut to EV production – Nikkei Asian Review
SHENZHEN — Chinese electric car startup CHJ Automotive will acquire Chongqing-based automaker Lifan Motors, shifting from an earlier plan to outsource production to the company. With China moving to curb automobile production capacity in the country, electric car startups face difficulty obtaining a license for production. Many startups are outsourcing production or acquiring licensed manufacturers instead.… Continue reading Chinese startup buys automaker for shortcut to EV production – Nikkei Asian Review
AID teams up with Luminar for advanced LiDAR sensing technology – RealWire
Press Release AID’s goal of bringing autonomous driving to urban mobility services by 2021 is being supported by an ambitious strategic Partnership Program. München, Germany – December 18, 2018. AID-Autonomous Intelligent Driving GmbH, a wholly owned subsidiary of AUDI AG and the ‘center of excellence’ for urban autonomous driving in the Volkswagen Group, announced today… Continue reading AID teams up with Luminar for advanced LiDAR sensing technology – RealWire
Driverless car bill a disaster waiting to happen – Baltimore Sun
Despite almost daily reports of crashes or non-responsive technology on public roads involving driverless cars, Congress is trying to hitch a new law to Santa’s sleigh in the form of the year-end-keep-the-government-open spending bill, just ahead of a new majority come January. Today, all motor vehicle operators, particularly commercial drivers, are required to pass a… Continue reading Driverless car bill a disaster waiting to happen – Baltimore Sun
Henrik Fisker: ‘We’re keen to set up a tech centre in India, a battery factory and vehicle assembly too.’ – Autocar Professional
The Chairman and CEO of Fisker Inc is one of the world’s most prolific car designers and entrepreneurs and wants to change the paradigm of mobility with non-conformist and extreme electric vehicles. He lays out his vision for the future, which could include make in India through a manufacturing partnership, while also offering top tips… Continue reading Henrik Fisker: ‘We’re keen to set up a tech centre in India, a battery factory and vehicle assembly too.’ – Autocar Professional