Category: News Site

ABB to acquire Chinese EV charging provider Chargedot

The acquisition will strengthen ABB’s relationship with leading Chinese electric vehicle manufacturers and broaden the company’s e-mobility portfolio with hardware and software developed for local use ABB is to acquire a majority stake of 67 percent in Shanghai Chargedot New Energy Technology Co, a leading Chinese e-mobility solution provider. The transaction is expected to be… Continue reading ABB to acquire Chinese EV charging provider Chargedot

Great Wall’s recovery seen to be temporary as shares surge

HONG KONG (Nikkei Markets) — The tailwinds that led to Great Wall Motor‘s unexpectedly strong show, propelling its shares on Monday, are unlikely to last for long, say some analysts. The Chinese sports utility vehicle and sedan maker late on Friday said its profit soared more than 500% year-on-year in the third quarter following a… Continue reading Great Wall’s recovery seen to be temporary as shares surge

Hyundai partners with Pony.ai, Via to launch self-driving fleet in US

Oct 28, 2019 2 min read In this image from Pony.ai, a fleet of self-driving Hyundai KONA Electric SUVs will provide a free ride-sharing service to the community of Irvine, Calif. starting Nov. 4, 2019. (Image credit: Hyundai) Hyundai Motor Group is partnering with Chinese self-driving startup Pony.ai and US mobility firm Via to launch… Continue reading Hyundai partners with Pony.ai, Via to launch self-driving fleet in US

Didi opens transit datasets to public for urban planning use

Oct 21, 2019 2 min read Zhang Bo, CTO of Didi Chuxing, spoke at the China National Computer Congress in Suzhou on Friday, Oct. 18, 2019. (Image credit: Didi Chuxing) Chinese ride-hailing giant Didi Chuxing is opening up its significant stores of transit data with the release of two major datasets in order to improve… Continue reading Didi opens transit datasets to public for urban planning use

Electric Ariel Nomad created as one-off technology showcase

Leading automotive engineering firm BorgWarner has converted an Ariel Nomad off-roader into a fully electric vehicle. The one-off machine was produced as a showcase for electric powertrain technology developed by the US company and its partners. It swaps the 235bhp Honda-built 2.5-litre petrol engine usually found in the Nomad for an electric system that uses two… Continue reading Electric Ariel Nomad created as one-off technology showcase

Yamaha drops all car development plans

Yamaha has confirmed it has suspended all car projects indefinitely, having concluded that it would struggle to deliver a unique selling point for any of the vehicles it developed in collaboration with Gordon Murray Design. The firm showed two car concepts at Tokyo motor shows in 2013 and 2015, the Motiv and the Sports Ride Concept, both based around… Continue reading Yamaha drops all car development plans

Audi looks to revive its India growth story with ‘Strategy 2025’

Audi India recently launched the 2019 A6 – the eighth generation of the luxury sedan. German luxury carmaker Audi India has revealed that it is actively working on a new growth plan called ‘Strategy 2025’, which is designed to arrest the fall in its sales and bring in a new wave of buyers. The new… Continue reading Audi looks to revive its India growth story with ‘Strategy 2025’

Bollinger Motors Announces Pricing for B1 + B2 Electric Trucks

“We’re going to production with all of the components and features that our team developed from the start; we’re staying true to our DNA” says founder Robert Bollinger. “Our trucks deliver a level of performance unlike anything on the market or coming to market.”  Targeting low-volume production, Bollinger Motors will build both the Bollinger B1… Continue reading Bollinger Motors Announces Pricing for B1 + B2 Electric Trucks

GM strike ends after 40 days with 48,000 staff to return to work

General Motors Strike that started 16 September cost GM more than $2bn Employees wanted fair share of GM’s $25bn profits The UAW plans to have a final tally after the 4pm vote deadline on Friday. Photograph: Troy Stolt/AP The longest strike by autoworkers in a decade came to an end on Friday as United Auto… Continue reading GM strike ends after 40 days with 48,000 staff to return to work