Ford Realigns Mobility Group; Acquiring Autonomic, TransLoc to Accelerate Growth

The Ford Mobility team is accelerating and expanding its activities in 2018 to deliver a broad suite of mobility products and services to personal vehicle owners, fleet owners and cities globally Ford is enabling an increase in speed and scale through four newly established, integrated teams that will deliver new business innovation, business scaling and… Continue reading Ford Realigns Mobility Group; Acquiring Autonomic, TransLoc to Accelerate Growth

ZF Friedrichshafen picks Mahle CEO as new chief

Scheider is currently the CEO of auto parts supplier Mahle. Automotive supplier ZF Friedrichshafen has picked Wolf-Henning Scheider as its new chief executive, online publication manager-magazin.de reported on Thursday, citing no sources. Scheider will replace Stefan Sommer, who stepped down with immediate effect last month, the online outlet of monthly said. Scheider is currently the… Continue reading ZF Friedrichshafen picks Mahle CEO as new chief

BMW says it can build electric cars and regular ones on same platforms: interview

Follow John As the auto industry plans more electric cars in higher volumes for the 2020s, one of the great debates is whether they will need to be designed from the ground up solely for battery power. Doing so allows designers to offer larger cabins due to the more compact drive motors and electronics. One… Continue reading BMW says it can build electric cars and regular ones on same platforms: interview

Apple grows fleet of self-driving test cars to 27

Apple has expanded its autonomous vehicle test fleet, according to Bloomberg, jumping from just three cars registered with the California DMV last year, to 27 vehicles in total now. The fleet consists entirely of Lexus RX450h SUVs, a popular choice for anyone working on autonomous car tech because they can be fairly easily retrofitted with… Continue reading Apple grows fleet of self-driving test cars to 27

Citygoo completes third round of fundraising

Connective By Gredy Raffin, the 25/01/2018 The carpool actor who was looking for capital to finance its territorial development has just completed a fundraising of 800,000 euros. Citygoo wants to put a whip in 2018. The start-up that evolves in the urban carpool market has just achieved a new round, the third since its inception… Continue reading Citygoo completes third round of fundraising

Tesla Installed 1,021 Superchargers To Date In China

46 mins ago by Mark Kane Tesla Model S and Model X at Supercharger The Tesla Supercharging infrastructure in China is growing quickly – already tallying 1,021 stalls at 188 stations through the end of 2017. Tesla Model S at Urban Supercharging station Additionally, China is the only country with big 50-stall stations – three of… Continue reading Tesla Installed 1,021 Superchargers To Date In China

Hyundai Mobis 2017 net plunges 48 pct on strong won

SEOUL, Jan. 25 (Yonhap) — Hyundai Mobis Co., South Korea’s biggest auto parts maker, said Thursday its net profit plunged 48 percent last year on a strong won and decreased sales in China. For all of 2017, net profit fell to 1.579 trillion won (US$1.5 billion) from 3.047 trillion won a year earlier, the company… Continue reading Hyundai Mobis 2017 net plunges 48 pct on strong won

Uber CEO: Flying cars across U.S. skies within 10 years

Senior flight dynamics engineer Hans Joore demonstrates a simulator of the PAL-V flying car at the company’s headquarters in Raamsdonksveer, Netherlands, last May. (Photo: Emmanuel Dunand / Getty Images) Flying cars will be zipping across U.S. skies within the coming decade — at least that’s what Uber Technologies Inc.’s Chief Executive Officer Dara Khosrowshahi predicts.… Continue reading Uber CEO: Flying cars across U.S. skies within 10 years

Hyundai Motor posts 3% gain in quarterly profit

This was the first gain in quarterly profit in four years, analysts had been expecting it given a low base for comparison from a year ago. SEOUL: Hyundai Motor eked out a small 3 percent gain in quarterly net profit, but posted a fifth straight drop in annual earnings as a stronger local currency and… Continue reading Hyundai Motor posts 3% gain in quarterly profit