Continental is getting chip maker Nvidia on board for the development of artificial intelligence for self-driving cars.
Category: News Site
Nissan puts the turbo in the electric in China
The automaker plans to invest nearly 8 billion euros in five years in China. More than 20 electrified models will be marketed by 2022.
Mercedes trade: Stern Auto takes over dealership Sternagel
Following the integration of the Daimler branch offices in 2016/17, Germany’s largest Mercedes dealer is now driving the expansion of its sales network.
Autonomous driving: Hyundai wants on board BMW Alliance
Hyundai apparently wants to enter the alliance of BMW and Intel for autonomous driving. The talks could soon come to a conclusion.
Nissan will invest 7.65 billion euros in China
BEIJING (Reuters) – Nissan Motor plans to invest 60 billion yuan (7.65 billion euros) in China over the next five years with its local partner, with the goal of moving to the top three main players in the world’s largest car market. For a long time confined to the background in China, Nissan and Dongfeng… Continue reading Nissan will invest 7.65 billion euros in China
Geely wants to join Daimler
The Chinese car giant Geely wants to join Daimler. According to media reports, the Chinese automaker Geely is to enter Mercedes-Benz and buy large blocks of shares there. Geely also owns the company Volvo, which is also active in the field of autonomous driving and especially with Uber work together. Mercedes-Benz is also developing autonomous… Continue reading Geely wants to join Daimler
Donnelly Group acquires County Londonderry Vauxhall franchise from Eakin Bros
Northern Ireland’s Donnelly Group has acquired Eakin Bros’ County Londonderry Vauxhall franchise in an expansion which saw it claim to be “the home of Vauxhall in the North West”.
China Digest: Gay dating app Blued, new energy vehicle firm SKIO secure funding
Chinese technology companies continue to secure funding from venture capital and private equity firms. The latest recipients are gay dating app Blued and new energy vehicle firm SKIO Matrix. Blued secures $100m in Series D Beijing-headquartered Blued, one of the world’s largest social network and dating apps for the LGBT community, has closed its Series… Continue reading China Digest: Gay dating app Blued, new energy vehicle firm SKIO secure funding
Hyundai at BMW Cooperation Group
The manufacturer Hyundai joins the BMW Alliance – probably as the last member. As late as December last year, there were disagreements in the cooperation group with BMW with the goal to realize autonomous driving until 2021. The difference of opinion involved other cooperation members. Only reluctantly, BMW agreed to the further recording, which probably… Continue reading Hyundai at BMW Cooperation Group
(2nd LD) Hyundai aims to sell 10,000 hydroelectric vehicles by 2022
(ATTN: ADDS details throughout) By Choi Kyong-ae PYEONGCHANG, South Korea, Feb. 5 (Yonhap) — Hyundai Motor Co., South Korea’s largest carmaker by sales, said Monday it aims to have sold 10,000 hydrogen-powered NEXOs in global markets by 2022. T