Aston Martin Suspends EV Partnership With Struggling Chinese Tech Firm LeEco

Aston Martin Lagonda Ltd, a British luxury sports car manufacturer, has suspended a previously announced partnership with struggling Chinese tech company LeEco to jointly develop electric vehicles for the global markets. It is unclear why Aston Martin decided to suspend the partnership, but it is most likely directly related to LeEco’s financial troubles as LeEco… Continue reading Aston Martin Suspends EV Partnership With Struggling Chinese Tech Firm LeEco

Yidao CEO blames LeEco for cash problems

Yidao CEO blames LeEco for cash problems · TechNode Jan 18, 2018 Dec 26, 2017 Oct 26, 2017 Jan 8, 2018 Dec 21, 2017 Aug 2, 2017 Jan 3, 2018 Dec 1, 2017 Aug 1, 2017 Dec 29, 2017 Dec 1, 2017 Jun 28, 2017

Mon 10 Apr 2017 Detroit Electric prepares EV talent recruitment drive in the UKDetroit Electric’s Chief Technical Officer and Company Director Richie …

Recruitment of new senior team at EV company’s UK facility under way Group CTO and Company Director, Richie Frost, to lead the staffing strategy First technical roles already appointed at Leamington Spa factory Staffing drive is enabled by US$1.8 billion dollar joint venture deal Leamington Spa, UK – Detroit Electric’s Chief Technical Officer and Company… Continue reading Mon 10 Apr 2017 Detroit Electric prepares EV talent recruitment drive in the UKDetroit Electric’s Chief Technical Officer and Company Director Richie …

BMW announces record profit for 2016

In terms of sales and profits, BMW achieved record figures last year. However, the core business was weaker for the Group. BMW headquarters in Munich Thursday, 09.03.2017 13:35 clock BMW achieved a record profit last year. The bottom line was the car maker 6.9 billion euros, or eight percent more than last year. This was… Continue reading BMW announces record profit for 2016

TI Automotive Names Andy Ridgway Vice President, Thermal Products

AUBURN HILLS, Mich. (March 31, 2017) — TI Automotive, a leading global supplier of automotive fluid systems technology, has named Andy Ridgway vice president, Thermal Products. Ridgway joins TI Automotive from IAV, where he was Chief Executive for the Americas. In his new role, he will direct all activities related to TI Automotive’s Global Thermal… Continue reading TI Automotive Names Andy Ridgway Vice President, Thermal Products

Didi Ponders SoftBank-Led $6B Investment As China’s Ride Share Giant Suffers Volume Declines

China’s Uber equivalent Didi Chuxing is considering whether to take a US$6 billion investment backed by SoftBank Group Corp. – which could be the largest private fundraising for an Internet company anywhere, anytime – as the Chinese ride sharing giant suffers volume declines after regulations were rolled out across the country. SoftBank might be investing… Continue reading Didi Ponders SoftBank-Led $6B Investment As China’s Ride Share Giant Suffers Volume Declines

Aston Martin Vanquish Zagato Shooting Brake styling shown in life-size model

Aston Martin‘s Vanquish Zagato Shooting Brake has been shown in a life-sized model ahead of production. The car will be Aston’s Q bespoke division’s first to be specced in the brand’s Q Lounge virtual reality system. Aston revealed the limited-run Vanquish Zagato Shooting Brake in full late last year, following confirmation that the model will go into 99-unit production.… Continue reading Aston Martin Vanquish Zagato Shooting Brake styling shown in life-size model