Category: News Site

Panasonic Increased Battery Sales In Q2, But Sells Them At A Loss

Panasonic sells more lithium-ion batteries as production at the Tesla Gigafactory “significantly increased.” Panasonic recently released financial results for the second quarter of 2019 revealing that overall sales decreased 6% year-over-year, which also has affected net profits (down 13% year-over-year). Our focus is on the Automotive category, which includes lithium-ion batteries. Here, thankfully, sales increased… Continue reading Panasonic Increased Battery Sales In Q2, But Sells Them At A Loss

New electric Citroen C4 hatch to target VW ID. 3

Citroen will take a “bold step” with its replacement for the C4 when the car arrives next year, the company’s product strategy boss has promised. As revealed by Auto Express earlier this year, the Ford Focus and VW Golf rival is being replaced by an all-new model. However, it won’t sit on the PSA Group’s EMP2 platform, like the Peugeot 308, but rather… Continue reading New electric Citroen C4 hatch to target VW ID. 3

Australia’s Splend Relocates Headquarters to London

The new headquaters features a 2,300-square-meter driver hub where drivers can pick up their vehicles and undergo training. Photo via City and Color/Flickr.  Car rental startup Splend has moved its headquarters to London, as the Uber-affiliated company looks to expand its base, City A.M. reports. Splend primarily rents vehicles to Uber drivers, in addition to supplying other… Continue reading Australia’s Splend Relocates Headquarters to London

965bhp Puritalia Berlinetta hybrid coming to Salon Prive

Puritalia Automobili is due to showcase its Berlinetta hybrid sports car at this year’s Salon Privé motoring event.  The Italian firm launched the Berlinetta at the Geneva motor show earlier this year, revealing it to be what it calls a ‘Super Hybrid’ hand-built grand tourer with a top speed of 208mph. A front-mounted V8 petrol engine runs… Continue reading 965bhp Puritalia Berlinetta hybrid coming to Salon Prive

Audi E-tron 50 revealed as value version of flagship EV

Audi has revealed the E-tron 50 as a cheaper and lighter version of its flagship electric SUV. Due to arrive in the UK in early 2020, the new variant weighs roughly 120kg less than the 2565kg E-tron 55, primarily as a result of its smaller battery pack. The E-tron 50’s 71kWh pack – likely to be the… Continue reading Audi E-tron 50 revealed as value version of flagship EV

New Ford Puma: pricing revealed for sporty compact SUV

Officially, the company describes the Puma as an “SUV-inspired crossover”, with its three standout virtues claimed to be “seductive styling”, ingenious rear stowage and the new 48V mild-hybrid petrol drivetrain.  The body’s flowing surfaces have been developed under what designer George Saridakis labels an “anti-wedge” policy. What he calls “separated” headlights and tail-lights are also… Continue reading New Ford Puma: pricing revealed for sporty compact SUV

Fiat Chrysler sales of new cars in Italy drop 19% y/y in July

MILAN, Aug 1 (Reuters) – Fiat Chrysler’s sales of new cars in Italy declined by 19.4% year-on-year in July, against a 0.1% contraction in the market, Reuters calculations based on transport ministry data showed on Thursday. The ministry said new car sales in Italy totalled 152,800 last month against 152,949 new car registrations a year… Continue reading Fiat Chrysler sales of new cars in Italy drop 19% y/y in July

Analysis: Harald Krüger leaves a legacy at BMW with dark sides

Harald Kruger The CEO retires after 27 years at BMW. (Photo: Sepp Spiegl) Munich is two weeks Harald Kruger still BMW-Chef, the 16th of August is his last working day. Before his designated successor Oliver Zipse the Transactions in the corporate headquarters takes over, Harald Krüger took stock on Thursday. over the first half of… Continue reading Analysis: Harald Krüger leaves a legacy at BMW with dark sides

An autonomous robot EV charger is coming to San Francisco

Electrify America will pilot the tech designed for fleets Kirsten Korosec 7 hours Electric-vehicle chargers today are designed for human drivers. Electrify America and San Francisco-based startup Stable are preparing for the day when humans are no longer behind the wheel. Electrify America, the entity set up by Volkswagen as part of its settlement with… Continue reading An autonomous robot EV charger is coming to San Francisco