Sean Gallup/2017 Getty Images Sean Gallup/2017 Getty Images Related content LONDON (CNNMoney) – Global trade tensions have put automakers under pressure. But Volkswagen says new emission tests in Europe pose the biggest threat to its business. “We cannot rest on our laurels because great challenges lie ahead of us in the coming quarters — especially… Continue reading Volkswagen says new emission tests pose biggest threat
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Swedish driverless e-truck startup Einride just unveiled its latest invention – the ‘T-log’
Swedish startup Einride is at the forefront of autonomous truck development, with its first vehicle, the ‘T-pod’, already in trials on public roads. Introducing Einride’s latest model, the ‘T-log’, which is more durable and capable of operating in a more demanding environment – the forest. TheT-log could be introduced on public roads as soon as… Continue reading Swedish driverless e-truck startup Einride just unveiled its latest invention – the ‘T-log’
UPDATE 1-Honda hikes annual profit view, posts surprise Q1 rise on N.America sales
* Sees annual operating profit 710 bln yen, prior view 700 bln yen * Cuts global group vehicle sales f’cast from previous view * Expects to sell record 5.29 mln vehicles, prior view 5.38 mln (Recasts, adds details on results) TOKYO, July 31 (Reuters) – Honda Motor Co raised its full-year forecast operating profit forecast… Continue reading UPDATE 1-Honda hikes annual profit view, posts surprise Q1 rise on N.America sales
BMW to build 1 billion euro car factory in Hungary
FRANKFURT/BUDAPEST (Reuters) – BMW (BMWG.DE) said it is investing 1 billion euros ($1.17 billion) in a new car factory in eastern Hungary, a project that could contribute to the country’s growth and strengthen its position as a centre for premium car manufacturing in the region. FILE PHOTO: The BMW logo is seen on a vehicle… Continue reading BMW to build 1 billion euro car factory in Hungary
New Geely platform to spawn sedan and crossover
Geely Auto Group has confirmed that two new forthcoming models will utilise its BMA global architecture, which it revealed to the world yesterday. The China-based automotive manufacturer says its latest compact sedan, the Bin Rui, and a crossover SUV code-named SX11, will be the first two models produced on the BMA platform. The Bin Rui… Continue reading New Geely platform to spawn sedan and crossover
Tata Motors Stops Production Of The Nano; Available On Order Basis
Homegrown car-maker Tata Motors launched India’s most affordable car, the Tata Nano almost 10 years back and was the brain child of chairman emeritus Tata Sons, Ratan Tata. According to a report in Bloomberg, the company has stopped the production of the Nano hatchback as a result of poor sales and decline in demand for… Continue reading Tata Motors Stops Production Of The Nano; Available On Order Basis
Geely BMA modular platform – more details released
Geely has released more details of its B-segment Modular Architecture (BMA), its first modular platform designed fully in-house. The Chinese conglomerate says that BMA shares the flexibility and scalability of the larger Compact Modular Architecture (CMA), which was developed in partnership with Volvo. Developed over four years with nearly 100 modular architecture experts from over… Continue reading Geely BMA modular platform – more details released
Look inside the new headquarters of self-driving car company Zoox in Foster City
Jul 26, 2018, 6:26am PDT Self-driving car company Zoox is on a growth streak in more than one sense, landing $500 million in new funding and moving into a new Foster City headquarters this year. Zoox’s $500 million funding round brought its valuation to $3.2 billion. The money will help fuel Zoox’s focus on building… Continue reading Look inside the new headquarters of self-driving car company Zoox in Foster City
China launches pilot EV battery recycling schemes
SHANGHAI (Reuters) – China will launch a pilot electric vehicle battery recycling scheme in 17 cities and regions, the industry ministry said, with Beijing keen to head off an emerging pollution threat. The Ministry of Industry and Information Technology said in a notice published on its website late on Wednesday the cities and regions would… Continue reading China launches pilot EV battery recycling schemes
After the Fatal Crash, Uber Revamps Its Robo-Car Testing
In the four months since an Uber self-driving car struck and killed a woman in Arizona, the ride-hail company’s autonomous vehicle tech has stayed off public roads. The governor of that state banned Uber from testing there; the company let its autonomous vehicle testing permit lapse in California; it pulled its vehicles off the streets… Continue reading After the Fatal Crash, Uber Revamps Its Robo-Car Testing