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German Manager Magazin: Bernd Pischetsrieder as Chairman of the Daimler Supervisory Board: The last solution000383
Since taking office as Daimler-Boss tries Ola Källenius (51) as a green visionary. The group should be climate neutral by 2039. It goes without saying that “electric first” applies to all models. But while the CEO is building a more modern future, part of his supervisory body looked rather yesterday. The man who is largely… Continue reading German Manager Magazin: Bernd Pischetsrieder as Chairman of the Daimler Supervisory Board: The last solution000383
Daimler to cut out suppliers to fund software hiring spree
German group wants to own more of its technology to compete with the likes of Tesla Go to Source
The Supercar Factory That Gets You To The Shops And Back At 230mph – The Sportsman
If you were a teenager in the late 80s and 90s, then there’s a high chance you’ve already stumbled across the work of Jim Glickenhaus. Not in the form of the sleek supercars that his company Scuderia Cameron Glickenhaus build today, but through films. As a writer and director, Glickenhaus made his name through writing… Continue reading The Supercar Factory That Gets You To The Shops And Back At 230mph – The Sportsman
AutoX becomes China’s first to remove safety drivers from robotaxis
Residents of Shenzhen will see truly driverless cars on the road starting Thursday. AutoX, a four-year-old startup backed by Alibaba, MediaTek and Shanghai Motors, is deploying a fleet of 25 unmanned vehicles in downtown Shenzhen, marking the first time any autonomous driving car in China tests without safety drivers or remote operators on public roads.… Continue reading AutoX becomes China’s first to remove safety drivers from robotaxis
Europcar Announces Financial Restructuring Plan
The agreement was made with private equity firm Eurazeo and holders of the agency’s 2024 and 2026 senior notes. Photo via Depositphotos. Europcar’s creditors have agreed to decrease the car rental company’s debts by 1.1 billion euros ($1.33 billion) in exchange for shares and control of the company, Europcar announced. The agreement was made with private equity… Continue reading Europcar Announces Financial Restructuring Plan
Sequoia India’s Surge leads $2m round in Indonesian automotive service firm
Otoklix will use the funds to drive its plans to procure 75% of wallet share by partner workshops by Dec 2021, among other ambitions. Go to Source
Germany scraps renewable fee on green hydrogen to encourage new technology
The government also intends to monitor effects of the measure in 2022 and look into further activities to boost green electricity in power systems. BERLIN: Germany‘s government on Wednesday lifted a charge levied on power prices to support renewable energy for producers of so-called green hydrogen, part of a bid to encourage the nascent technology… Continue reading Germany scraps renewable fee on green hydrogen to encourage new technology
Daimler chief hails ‘V-shaped’ recovery in China car sales
Sharp rebound a rare bright spot for global auto industry hit hard by coronavirus Go to Source
Uber in advanced talks to sell air taxi unit Uber Elevate to Joby Aviation
Uber Technologies is in advanced talks to sell its air taxi business, “Uber Elevate”, to aerospace firm Joby Aviation, news website Axios reported on Wednesday, citing sources. Uber did not immediately respond to a Reuters request for comment. Its shares rose over 6% following the news. Hyundai Motor Co, which in January announced a partnership… Continue reading Uber in advanced talks to sell air taxi unit Uber Elevate to Joby Aviation