Successful Australian entrepreneur predicts driverless cars in Australia by 2021 as Melbourne born Tim Kentley-Klay manages US$1 billion car start up ZooxThe automobile company is currently listed as a private company that was backed early on by Sydney based investment company Blackbird VenturesTim Kentley-Klay has ambitions of beating Apple, Tesla and Uber in automobiles By… Continue reading Australian tech entrepreneur, 40, develops a driverless car company now worth $1BILLION – and he’s ready to take on …
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ComfortDelGro, Uber call off acquisition deal
Taxi giant ComfortDelGro and ride-hailing firm Uber have agreed to dissolve a strategic agreement which they entered into last December. In a statement yesterday, ComfortDelGro said it will no longer be acquiring a 51 per cent stake in Uber’s wholly owned car rental subsidiary in Singapore, Lion City Holdings. The acquisition, valued at about $642… Continue reading ComfortDelGro, Uber call off acquisition deal
Fisker’s comeback powered by new battery
“We are going to see a huge disruption in mobility. We will see a large amount of new type of vehicles emerge, which will make 20 or 30, or 40 percent of our time more efficient”Henrik Fisker Automotive design maven Henrik Fisker’s new venture might be less about the automobile than the technology that will… Continue reading Fisker’s comeback powered by new battery
Windsor Assembly expected to resume full production next week
CTV Windsor Published Wednesday, May 23, 2018 4:59 PM EDT Last Updated Wednesday, May 23, 2018 6:15PM EDT Fiat-Chrysler Automobiles is still feeling the effects after a plant fire stateside created a part shortage for car-makers. While all three shifts continue to work at the Windsor Assembly Plant, the line has slowed down since the… Continue reading Windsor Assembly expected to resume full production next week
Exclusive: Henrik Fisker Talks EMotion, Solid-State Batteries
2 H BY DOMENICK YONEY Now, this is an EMotion-al interview! The Fisker EMotion is not just a car. It’s a shot at redemption for Henrik Fisker: the man whose first attempt at automaking — see the Fisker Karma — ended in tears and a lawsuit. But more than that, it could also herald a new age of… Continue reading Exclusive: Henrik Fisker Talks EMotion, Solid-State Batteries
Geely launches new energy strategy
Shanghai (Gasgoo)- China powerful automaker Geely launched the Baorui GE on May 28 in Ningbo Hangzhou Bay New Area. During the launching ceremony, Geely also launched its latest new energy strategy. It is revealed that the Baorui GE has a PHEV version and a MHEV version involving 8 variants with price range between RMB 136,800… Continue reading Geely launches new energy strategy
Nissan to cut North American output by 20 percent to shore up US profitability: Nikkei
(Reuters) – Nissan Motor Co Ltd (7201.T) is slashing vehicle production by as much as 20 percent in North America to cope with falling profitability in the United States, its biggest sales market, Japan’s Nikkei business daily reported on Monday. A car with the Nissan logo badge is seen on display at the North American… Continue reading Nissan to cut North American output by 20 percent to shore up US profitability: Nikkei
Uber Opens Paris Research Center to Develop Flying Cars
The company is aiming for test flights in 2020. YouTube / Uber Uber will open an “Advanced Technologies Center” in Paris that will, among other things, become a development hub for the ride-hailing company’s flying car project, known as Uber Elevate. Uber previously said it wanted to begin demonstration flights in three cities in 2020.… Continue reading Uber Opens Paris Research Center to Develop Flying Cars
Tata Motors stops production of Indica and Indigo
Launched in 1998, the Tata Indica has been the frontrunner of Tata Motors’ PV line-up. NEW DELHI: Home-grown automaker Tata Motors has stopped the production of its compact sedan Indigo and compact hatchback Indica impacted by low sales and stiff competition in the segment, according to a company executive close to the develoment. However, the… Continue reading Tata Motors stops production of Indica and Indigo
Shift cuts announced at Birmingham Mercedes supplier
Production has slowed at Mercedes-Benz in Vance as a result of a factory fire in Michigan. (Joe Songer | jsonger@al.com). Joe Songer | jsonger@al.com The effects of a Michigan auto supply plant fire have now hit a Birmingham supplier of Mercedes-Benz in Vance. MISA, a subsidiary of Marubeni-Itochu Steel, is cutting some shifts as a… Continue reading Shift cuts announced at Birmingham Mercedes supplier