“In the first half of this year, we will establish a North American sales company that will be responsible for developing the dealership network,” Mr. Jun said. “We will explore all sorts of channels including partnering with F.C.A. as well as others.” Sergio Marchionne, Fiat Chrysler’s chief executive, said his company was ready to assist… Continue reading Chinese Carmaker May Use Fiat Chrysler for Foothold in United States
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Self-driving car startup Pony.ai raises $112m led by Legend Capital, Morningside
January 16, 2018 Autonomous driving technology firm Pony.ai, a startup co-located in Silicon Valley and in China’s Guangzhou, announced that it has raised $112 million in series A funding round co-led by Morningside Venture Capital and Legend Capital. Sequoia Capital China and investor IDG Capital also participated in the round, along with Hongtai Capital, Legend… Continue reading Self-driving car startup Pony.ai raises $112m led by Legend Capital, Morningside
Electromobility driver at car manufacturers: These men trim German carmakers on electric
All articles and backgrounds 01/16/2018 Electromobility driver at car manufacturers These men trim German carmakers on electric AUDI Audi e-tron quattro: The electric SUV comes in 2018 to the dealers Germany’s automakers are facing a feat of strength this year: they need to invest a lot of money to make their electric car announcements come… Continue reading Electromobility driver at car manufacturers: These men trim German carmakers on electric
Cisco & Hyundai Network Car
The two companies, Cisco and Hyundai, plan to have the new vehicle network ready for the market by 2019. Still on the CES 2018 has the IT specialist Cisco with the manufacturer Hyundai announces that they will jointly launch a highly networked vehicle. More specifically, Hyundai 2019 Launch the car with Cisco’s help. The cooperation… Continue reading Cisco & Hyundai Network Car
Reinvent or die: Fiat CEO to car companies
Marchionne has witnessed major changes already leading Fiat for almost 14 years, overseeing the combination with Chrysler in 2014 and the 2016 spinoff of Ferrari DETROIT: Sergio Marchionne, one of the longest-serving CEOs in the automotive industry, has a blunt warning: Carmakers have less than a decade to reinvent themselves or risk being commoditised amid… Continue reading Reinvent or die: Fiat CEO to car companies
China has 310 mn registered vehicles, 385 mn drivers in 2017
A total of 53 cities had over one million automobiles while 24 cities had over two million, the state-run Xinhua news agency reported. Beijing: Over 33 million vehicles were newly-registered in China last year, taking to 310 million the total number of automobiles in the country by the end of 2017. Also, 30.54 million new… Continue reading China has 310 mn registered vehicles, 385 mn drivers in 2017
Toyota unit takes stake in Australian lithium producer
Keep abreast of significant corporate, financial and political developments around the world. Stay informed and spot emerging risks and opportunities with independent global reporting, expert commentary and analysis you can trust. Choose the subscription that is right for you Read more For 4 weeks receive unlimited Premium digital access to the FT’s trusted, award-winning business… Continue reading Toyota unit takes stake in Australian lithium producer
Research Team from POSTECH Develops a Technology That Can Charge 75% of a Battery within 6 Minutes
A research team from Pohang University of Science & Technology (POSTECH, Chancellor Kim Do-yeon) developed an electrode material that can charge up to 75% of a lithium-ion battery within 6 minutes by synthesizing and applying porous inorganic material.POSTECH made an announcement that a research team led by Professor Lee Jin-woo of Chemical Engineering Department developed… Continue reading Research Team from POSTECH Develops a Technology That Can Charge 75% of a Battery within 6 Minutes
Samsung SDI Introduces Many Innovative Products for Electric Vehicle Batteries at Detroit Motor Show
Samsung SDI announced that it introduced many innovative materials and high-tech products for electric vehicle batteries that will popularize electric vehicles at ‘2018 Detroit Motor Show (North American International Auto Show)’, which had its opening day on the 13th at Cobo Center.Concept of its exhibition is ‘Future Starts Today’, which means that future of electric… Continue reading Samsung SDI Introduces Many Innovative Products for Electric Vehicle Batteries at Detroit Motor Show
Daimler doubts to be able to meet CO2 emission ceilings by 2021
It’s hard for Daimler to get involved. The German manufacturer can not guarantee that it will respect the European ceilings of CO2 emissions in 2021, estimated this Monday in Detroit its CEO, Dieter Zetsche, during a round table with journalists. “I can not say that I guarantee that we will be compliant in 2021,” he… Continue reading Daimler doubts to be able to meet CO2 emission ceilings by 2021