January 20, 2018 Byton, the Chinese electric-car startup founded by former BMW AG executives, is seeking about $400 million in a new round of funding, people with knowledge of the matter said. The Nanjing-based company, which showcased a concept car at the Consumer Electronics Show in Las Vegas this month, has been reaching out to… Continue reading China: BMW alums’ electric car startup said to seek $400m in funding
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Ferrari 488 ‘Sport Special Series’ info leaked online
It’s no secret Ferrari is working on a high-performance version of its 488 supercar and new information leaked online has provided us with the first details of the upcoming model. The leaked images show a slideshow presentation titled ‘New V8 Sport Special Series’, which shows that a hardcore, race-derived Ferrari 488 is in Maranello’s pipeline;… Continue reading Ferrari 488 ‘Sport Special Series’ info leaked online
Toyota will invest 400 million euros in Valenciennes
It had been a long time since we had seen such an investment in cars in France. According to our information, Toyota will invest 400 million euros in its plant in Onnaing, near Valenciennes, to allow the site to host the new platform of the manufacturer (the “New Global Platform Architecture”) and a new vehicle… Continue reading Toyota will invest 400 million euros in Valenciennes
PSA: the conventional collective break signed by 5 unions concerns sites in the Paris region
The FO, CFE-CGC, CFDT, CFTC and GSEA organizations, which account for nearly 78% of the votes, signed the Collective Conventional Breakdown (CCR) project, management said in a statement. Only the CGT (19.6%) opposed it. The Central Works Council (CCE) has at the same time examined all the “job and skills adjustment” measures for 2018. In… Continue reading PSA: the conventional collective break signed by 5 unions concerns sites in the Paris region
Collective bargaining breaks at PSA: unions say yes
PSA’s plan for collective breaks has been widely approved by the unions. Review: 1,300 departures and 1,300 hires planned this year, which should allow a renewal of trades. It’s official: PSA will be the first company to use the conventional collective breaks device. While the unions had already largely voted in favor of this device,… Continue reading Collective bargaining breaks at PSA: unions say yes
VW subsidiary Electrify America to install 2,800 charging stations at workplaces and multi-unit dwellings
Electrify America has announced it will install more than 2,800 workplace and residential charging stations by June 2019 in 17 of the biggest US metropolitan areas, part of a $2-billion investment in EV infrastructure and education in the US over the next 10 years. Electrify America is the Volkswagen subsidiary established to fulfill Volkswagen’s commitments… Continue reading VW subsidiary Electrify America to install 2,800 charging stations at workplaces and multi-unit dwellings
Audi aims to compete with Tesla Energy through a new ‘Smart Energy Network’
Ever since Tesla launched its own ‘Tesla Energy’ division to address the energy storage and generation side of the electric vehicle revolution, several automakers have launched similar programs. Audi becomes the latest with its ‘Smart Energy Network’. Home Solar Power The program is currently being tested in a pilot project in households located in the… Continue reading Audi aims to compete with Tesla Energy through a new ‘Smart Energy Network’
PSA wants to deploy Opel out of Europe
It’s a beginning. While Opel wants to enter twenty new countries in five years, the new property of PSA will start by pushing the fires in Chile and Ukraine, two countries where the mark with the lightning is already present epsilonnesque. Along the Andes Cordillera, “we want to triple or quadruple sales in 2018,” says… Continue reading PSA wants to deploy Opel out of Europe
Number of electric cars California needs to cut 2030 emissions unclear: 4 million or 7 million?
2018 Kia Niro Plug-In Hybrid charging at Crevier BMW, Santa Ana, California, Dec 2017 Enlarge Photo One of California’s largest electricity producers recently published a white paper that analyzed how the state will achieve its 2030 greenhouse-gas targets—and it called into question targets set forth by California regulators. Specifically, Southern California Edison (SCE) said the… Continue reading Number of electric cars California needs to cut 2030 emissions unclear: 4 million or 7 million?
Collective bargaining breaks at PSA: Mulhouse would lose 177 jobs according to the CGT
Following the announcement on January 9 of PSA to want remove 2200 jobs(while hiring 1,300 people), the CGT detailed the entire plan by site. According to the trade union organization, 177 jobs would be cut on the PSA site in Mulhouse. In this conventional disruption process, PSA management gained support from FO, CFTC, CFDT and… Continue reading Collective bargaining breaks at PSA: Mulhouse would lose 177 jobs according to the CGT