Electric vehicle chassis provider Motiv announces fresh funding

(Reuters) – Motiv Power Systems, which provides chassis and software systems for medium-duty trucks and buses, said on Monday it had secured $15 million in additional funding from GMAG Holdings Corp to fund technology and scaling up its manufacturing operations. The latest funding follows a $60 million funding round last October led by GMAG, Motiv’s… Continue reading Electric vehicle chassis provider Motiv announces fresh funding

@VW Group: A new era for Volkswagen innovation in America begins with the Type 20 Concept Some two decades ago, the Volkswagen Group opened a …

Concept vehicle shown. Not available for sale. Modifying vehicles can adversely affect warranty coverage & compliance with required safety and other standards Some two decades ago, the Volkswagen Group opened a three-person office in Silicon Valley, looking to tap the region’s burgeoning tech scene for new transportation breakthroughs. Today, that office includes more than 180… Continue reading @VW Group: A new era for Volkswagen innovation in America begins with the Type 20 Concept Some two decades ago, the Volkswagen Group opened a …

@VW Group: Meet the ID. CROZZ, a Preview of Volkswagen’s First Electric SUV Expected in 2020 Electric vehicles are the future of transportatio…

Electric vehicles are the future of transportation, but making that future a reality will require a lot of innovation and manufacturing know-how. Today, Volkswagen unveiled one of its major steps toward an electric future with the first North American appearance of the ID. CROZZ concept vehicle in Los Angeles – a four-door, all-wheel-drive SUV that… Continue reading @VW Group: Meet the ID. CROZZ, a Preview of Volkswagen’s First Electric SUV Expected in 2020 Electric vehicles are the future of transportatio…

@Groupe PSA: PR AMI – 100% ËLECTRIC : CITROËN UNVEILS ITS ADVERTISING CAMPAIGN000095

Revealed on February 27 at Paris La Défense Arena, commercialized in Fnac and Darty stores and in the Citroën dealership network since June 15, Ami – 100% ëlectric unveils its very first advertising campaign. Broadcast from Sunday August 23 in France, the TV film is to be discovered in preview on YouTube: Film : https://youtu.be/CWKbsfpNUGQ… Continue reading @Groupe PSA: PR AMI – 100% ËLECTRIC : CITROËN UNVEILS ITS ADVERTISING CAMPAIGN000095

Chinese EV maker XPeng looks to raise up to $1.11 billion in U.S. IPO

FILE PHOTO: A woman walks by an Xpeng Motors showroom at its headquarters in Guangzhou, Guangdong province, China May 18, 2020. Picture taken May 18, 2020. REUTERS/Yilei Sun (Reuters) – Chinese electric vehicle manufacturer XPeng Inc said it is hoping to raise up to $1.11 billion in its U.S. initial public offering, seeking to ride… Continue reading Chinese EV maker XPeng looks to raise up to $1.11 billion in U.S. IPO

Toyota sees higher vehicle output in Japan in September

FILE PHOTO: The logo of Toyota is seen on a car during the Prague Autoshow in Prague, Czech Republic, April 13, 2019. REUTERS/David W Cerny/File Photo TOKYO (Reuters) – Toyota Motor Corp (7203.T) on Friday said its domestic vehicle production would be 1% higher than initially planned in September, as its plants resume output levels… Continue reading Toyota sees higher vehicle output in Japan in September

@VW Group: ŠKODA AUTO produces its 13 millionth current-generation gearbox

Michael Oeljeklaus, ŠKODA AUTO Board Member for Production and Logistics, stressed, “Today we have reached the impressive mark of 13 million current-generation gearboxes built. This production milestone is the result of our team’s high level of expertise and formidable team spirit. Due to these strengths, ŠKODA AUTO’s component production has continuously gained in strategic importance and… Continue reading @VW Group: ŠKODA AUTO produces its 13 millionth current-generation gearbox

Former Zoox employees sue, alleging rival offer was better than Amazon’s

(Reuters) – Two shareholders in self-driving car startup Zoox Inc have sued the company, alleging that a rival bid would have been better for common stockholders than a $1.3 billion offer from Amazon.com (AMZN.O) announced in June. The lawsuit in the Delaware Court of Chancery filed August 18 but publicly released on Wednesday alleges that… Continue reading Former Zoox employees sue, alleging rival offer was better than Amazon’s

California court ruling gives voters last word over Uber, Lyft worker rights

LOS ANGELES/NEW YORK (Reuters) – A California appeals court ruling on Thursday avoided a shutdown of ride-hailing services Uber and Lyft in the state, effectively handing a decision over gig worker benefits and pay to voters in a November ballot measure. Rideshare driver Jesus Jacobo Zepeda of Lancaster, California takes part in a rally as… Continue reading California court ruling gives voters last word over Uber, Lyft worker rights

@VW Group: The Electric Vehicle Module Volkswagen’s Modular Electrification Toolkit (MEB), currently under development, is a modular system fo…

Volkswagen’s Modular Electrification Toolkit (MEB), currently under development, is a modular system for manufacturing electric vehicles. But exactly how will the MEB work and what do we need it for? We answer ten important questions. TextJoachim Hentschel PhotosVolkswagen AG Go to Source