The introduction of a four-day week is out of the question for the automaker Daimler. “A four-day week with wage compensation, as demanded by IG Metall, is neither expedient nor economically feasible in view of the situation in the automotive industry,” said HR director Wilfried Porth (61) on Wednesday. It is a matter of securing… Continue reading German Manager Magazin: Daimler Board of Management rejects four-day working week000040
Category: News Site
Lucid Motors boasts it will have ‘the fastest charging electric vehicle ever offered’
Lucid Motors announced that its forthcoming all-electric sedan, the Lucid Air, will be the “fastest charging electric vehicle ever offered.” The company claims the Air will have the capability to charge at rates of up to 20 miles per minute — which translates to 300 miles in about 20 minutes. This charging time is possible… Continue reading Lucid Motors boasts it will have ‘the fastest charging electric vehicle ever offered’
Hands-free driving could be made legal on UK roads
Hands-free driving could be legal on UK roads by spring next year, the government has said, as it launched a consultation on the technology. The Department for Transport (DfT) has issued a call for evidence into automated lane keeping systems (ALKS). Such technology controls a car’s movements and can keep it in lane for extended… Continue reading Hands-free driving could be made legal on UK roads
Bollinger Motors plans to sell its electric truck in Canada by 2022 – Driving
Electric truck start-up Bollinger Motors has announced a move to a new and larger headquarters, and its plans include selling those battery-powered vehicles to Canadians. The company has moved from Ferndale, Michigan to nearby Oak Park; both are part of the Detroit metropolitan area. The new facility is more than four times larger than the… Continue reading Bollinger Motors plans to sell its electric truck in Canada by 2022 – Driving
Self-driving cars could be allowed on UK motorways next year
Self-driving cars Industry welcomes consultation for use of technology in slow lane, but risk concerns some A vehicle belonging to the self-driving startup Zoox. Photograph: Zoox/Reuters Motorists could be allowed to let their cars drive themselves on motorways, using automated technology, as early as next year, under proposals being considered by the government. Manufacturers are… Continue reading Self-driving cars could be allowed on UK motorways next year
Tesla Roadster: Elon Musk confirms race car-like centerlock wheels
Tesla CEO Elon Musk confirmed the smallest little detail about the new Roadster: it will have race car-like one-nut wheels. We are kind of starving for information when it comes to Tesla’s new Roadster. The electric supercar is supposed to come deliver the “ultimate smackdown” to gasoline-powered cars by outperforming all other supercars and becoming… Continue reading Tesla Roadster: Elon Musk confirms race car-like centerlock wheels
Hero Electric partners OTO Capital to bring subscription plan
Hero Electric has partnered OTO Capital, a vehicle leasing startup to provide consumers with affordable and flexible financing options to own their electric two-wheelers. The partnership will allow consumers to save up to 30 percent on their e-scooter by paying monthly OMIs (OTO monthly instalments) compared to other financing options in the market. The scheme… Continue reading Hero Electric partners OTO Capital to bring subscription plan
MG is first OEM partner for Zoomcar Mobility Services for subscriptions, more to join
In the fast evolving auto industry, MG Motor India is the latest to offer an alternate ownership model. The OEM has joined hands with personal mobility platform Zoomcar, to offer its vehicles on a subscription-based ownership model. Through this tie-up, MG Motor will leverage Zoomcar’s end-to-end technology solution for its vehicle subscription platform. The move… Continue reading MG is first OEM partner for Zoomcar Mobility Services for subscriptions, more to join
Omio takes $100M to shuttle through the coronavirus crisis
Multimodal travel platform Omio (formerly GoEuro) has raised $100M in late stage funding to help see its business through the coronavirus crisis. It also says it’s eyeing potential M&A opportunities within the hard-hit sector. New and existing investors in the Berlin-based startup participated in the late stage convertible note, although omio isn’t disclosing any new… Continue reading Omio takes $100M to shuttle through the coronavirus crisis
Xos Trucks Raises $20M in Funding
Xos Trucks, Inc., a Los Angeles, CA-based manufacturer of fully electric commercial vehicles, raised $20m in funding. Backers included Proeza Ventures, a mobility-focused VC firm backed by Metalsa’s holding company, and Build Capital Group. In conjunction with the funding, Rodolfo Elias Dieck of Proeza Ventures, and Mark Lampert of Build Capital Group and former Daimler… Continue reading Xos Trucks Raises $20M in Funding