Denso Corporation has taken an equity stake in Japanese company Creationline, which excels at deploying and integrating cloud and other technologies that enable next-generation software development, including open source software. The auto industry is undergoing a once-in-a-century paradigm shift. Competition continues to intensify as new players from other industries enter the market and as speed… Continue reading Denso strengthens connectivity business, takes stake in Creationline
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Dyson will produce not one, not two, but three electric cars
James Dyson has said that the company has invested “heavily” in solid-state battery technology Electric cars are all the rage now, with manufacturers from Ford and Citroen to BMW and Tesla getting in on the action. What we didn’t expect was a vacuum vendor to make their mark. British firm Dyson, best known for its… Continue reading Dyson will produce not one, not two, but three electric cars
Cummins acquires Johnson Matthey’s automotive battery systems business
Cummins Inc has announced the acquisition of Johnson Matthey’s UK automotive battery systems business, a subsidiary of Johnson Matthey that specialises in high-voltage automotive grade battery systems for electric and hybrid vehicles. As part of the acquisition, Cummins and Johnson Matthey also agreed to collaborate on the development of high energy battery materials for commercial… Continue reading Cummins acquires Johnson Matthey’s automotive battery systems business
Lost in translation? GM plant shutdown shocks South Korea
SEOUL (Reuters) – Only weeks into a new job heading General Motors Co’s international operations, Barry Engle flew into a frigid South Korea in January and held a series of meetings with government officials to discuss the future of GM’s loss-making local unit. In what they thought were meet-and-greet introductions, senior officials agreed to work… Continue reading Lost in translation? GM plant shutdown shocks South Korea
Fight against driving bans: Taxpayers to finance retrofitting for diesel
All articles and backgrounds 02/16/2018 Fight against driving bans Diesel retrofits are apparently to be paid from tax money DPA Traffic in Dusseldorf The discussed hardware retrofits for older diesel cars are to be promoted according to media reports also with state money. But the plans encounter resistance. Owners of diesel cars should possibly be… Continue reading Fight against driving bans: Taxpayers to finance retrofitting for diesel
Plastic Omnium sets new “records” in 2017
“2017 was a new record year,” said Jean-Michel Szczerba, co-CEO of Plastic Omnium, at the presentation of the financial results on February 15th. Last year, the equipment manufacturer recorded a 15% increase in both its turnover (8 billion euros) and its operating margin (which now represents 9.5% of sales) . The net result jumped by… Continue reading Plastic Omnium sets new “records” in 2017
Faraday Future: Money & Partners
The startup Faraday Future has found new money and partners for the further development of the FF91. Faraday Future wants to push with an autonomous luxury e-car on the market and thus especially against Tesla compete. That failed in the meantime at the high costs. Now you have obviously found money and cooperation partners. Screenshot… Continue reading Faraday Future: Money & Partners
Mahindra & Mahindra to take 16 percent stake in Zoomcar
In November 2017, Mahindra Electric and Zoomcar launched 20 Mahindra e20 PLus EVs for hire by residents and visitors in Mysore. Mahindra & Mahindra (M&M) has announced that it is to invest in Zoomcar India and in Zoomcar Inc, its US incorporated holding parent company, in line with the automaker’s thrust on the shared mobility… Continue reading Mahindra & Mahindra to take 16 percent stake in Zoomcar
U.S. SAAR History by Month, 1980-current
Feb 12, 2018 U.S. vehicle sales SAAR (seasonally adjusted annual rates) by vehicle type and source by month for 1980-current. Premium Content (PAID Subscription Required) “U.S. SAAR History by Month, 1980-current” is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access… Continue reading U.S. SAAR History by Month, 1980-current
Lyft’s Baltimore deal turns bike sharing stops into pickup points
Isaac Brekken/Getty Images for Lyft Uber isn’t the only ridesharing outfit with an interest in bike sharing. Lyft has formed a partnership with Baltimore Bike Share that will launch hybrid pickup points and bike sharing hubs across the Maryland city. The aim, of course, is to help you switch transportation methods with a minimum of… Continue reading Lyft’s Baltimore deal turns bike sharing stops into pickup points