EV Connect is now a qualified EV charging infrastructure provider under the Charging Forward program from Michigan-based utility DTE Energy. As part of the program, EV Connect will offer chargers to DTE customers and help integrate EV charging loads with DTE’s distribution system. DTE’s Charging Forward program sets aside $10 million to build out approximately… Continue reading EV Connect to build charging infrastructure for Michigan utility DTE Energy
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Volkswagen aims to boost in-house software development to 60% by 2025
FILE PHOTO: The logo of Volkswagen carmaker is seen at the entrance of a showroom in Nice, France, April 8, 2019. REUTERS/Eric Gaillard/File Photo BERLIN (Reuters) – Volkswagen said on Tuesday it would put 5,000 digital experts into a new unit called “Car.Software” by 2025 as the German carmaker aims to develop at least 60%… Continue reading Volkswagen aims to boost in-house software development to 60% by 2025
Japan unveils moves to stop car crashes caused by elderly
The National Policy Agency will also consider introducing a new category of driving licence for elderly people Tokyo: Japan announced a series of measures Tuesday to prevent car accidents caused by elderly drivers, including emergency brakes and vehicle-free zones around schools, following a string of crashes involving children. One in four people aged 80 or… Continue reading Japan unveils moves to stop car crashes caused by elderly
Renault-Nissan alliance remains priority for French finance minister
FILE PHOTO: French Economy and Finance Minister Bruno Le Maire delivers a speech during a high-level forum on debt at the Finance ministry in Paris, France, May 7, 2019. REUTERS/Benoit Tessier/File Photo PARIS (Reuters) – Renault’s alliance with Japanese partner Nissan remains French Finance Minister Bruno Le Maire’s priority ahead of any further consolidation with… Continue reading Renault-Nissan alliance remains priority for French finance minister
Jaguar recalls I-Pace with electrical regenerative braking system
Jaguar recalls I-Pace with electrical regenerative braking system
UPDATE 1-Infineon raises $1.7 billion to help fund Cypress deal
FILE PHOTO: The logo of semiconductor manufacturer Infineon is seen at its Austrian headquarters in Villach, Austria, June 3, 2018. REUTERS/Lisi Niesner/File Photo FRANKFURT (Reuters) – Infineon Technologies raised 1.545 billion euros ($1.74 billion) in an accelerated capital increase to help fund the cost of its planned acquisition of Cypress Semiconductor, it said late on… Continue reading UPDATE 1-Infineon raises $1.7 billion to help fund Cypress deal
Uber to retain Careem brand for now -Careem CFO
FILE PHOTO: An employee shows the logo of ride-hailing company Careem on his mobile in his office in the West Bank city of Ramallah July 17, 2017. Picture taken July 17, 2017. REUTERS/Mohamad Torokman DUBAI (Reuters) – Uber and Middle East ride-hailing business Careem will remain separate entities until at least the first quarter of… Continue reading Uber to retain Careem brand for now -Careem CFO
Cars: Until the VW robot car it takes “a few more days”
Volkswagen has created a new board position: the software board. He sees the autonomous driving still in the distance. June 18, 2019, 7:45 am, Andreas Donath Volkswagen does not expect a quick break in autonomous driving (Image: Pexels /CC0 1.0) Tesla boss Elon Musk thinks autonomous driving is still in to be able to offer… Continue reading Cars: Until the VW robot car it takes “a few more days”
Why it did not work between Aurora and VW
Why did the startup Aurora and the manufacturer Volkswagen separate? Aurora In recent years, the media attention has often surfaced, mainly because of the many cooperation agreements. Autonomous parking of VW. Source: VW Aurora was founded by former professionals of Google (Chris Urmson), Tesla and Over founded and focuses on the provision of autonomous driving… Continue reading Why it did not work between Aurora and VW
Ford issues safety recall on Explorer SUVs, citing potential steering problem
2014 Ford ExplorerSource: Ford Motor Co.Ford is issuing a safety recall on 1.2 million Explorer SUVs, primarily in the United States, citing a potentially dangerous suspension defect, the company said Wednesday.
The defect could cause a component in the suspension on select vehicles sold in the 2011 to 2017 model years to break, compromising drivers' control of steering. Ford said in its statement that a customer reported an accident with a curb when the component broke but that the company was not aware of any injuries attributable to the problem.
Ford estimates repairing the suspension issue in the vehicles will cost $180 million, and it will be incurred in the second quarter, according to a filing with the Securities and Exchange Commission. The company's annual revenue in 2018 was $160.3 billion.
The company also issued recalls on F-150 trucks and Econoline vans, as well as Taurus and Flex sedans and Lincoln MKS and MKT sedans in Canada, citing suspension issues, transmission calibration problems and faulty welding, which could lead to a sudden loss of engine power in some vehicles. These recalls affect about 139,000 vehicles total.
Ford did not specify how much these repairs will cost the company. Affected vehicles came from Ford plants throughout the U.S., including Ford's Chicago, Dearborn, Kansas City and Oakville plants.
Ford shares were trading down less than 1% on the news.