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Chinese auto sales fall for second month in August

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Former Volkswagen boss dragged feet on ‘dieselgate’: judge

BRAUNSCHWEIG, Germany (Reuters) – Former Volkswagen boss Martin Winterkorn was slow to address emissions test cheating that led to huge U.S. fines, a judge hearing a damages case brought by investors against the German carmaker said on Tuesday. FILE PHOTO: Former Volkswagen chief executive Martin Winterkorn arrives to testify to a German parliamentary committee on… Continue reading Former Volkswagen boss dragged feet on ‘dieselgate’: judge

UPDATE 2-Wrong Brexit will cost tens of thousands of UK car jobs, warns Jaguar boss

BIRMINGHAM, England (Reuters) – The wrong Brexit deal could cost tens of thousands of British car jobs and risks production at Britain’s biggest carmaker Jaguar Land Rover, its boss warned, adding he had no idea if his plants could function after Britain quits the European Union. FILE PHOTO: Ralf Speth, CEO of Jaguar Land Rover,… Continue reading UPDATE 2-Wrong Brexit will cost tens of thousands of UK car jobs, warns Jaguar boss

UPDATE 1-Wrong Brexit deal will cost thousands of jobs- Jaguar Land Rover CEO

BIRMINGHAM, England (Reuters) – The wrong Brexit deal could cost tens of thousands of jobs, the boss of Britain’s biggest carmaker Jaguar Land Rover warned on Tuesday, saying he had no idea whether his plants would be able to operate after Britain leaves the European Union next year. FILE PHOTO – Jaguar Land Rover (JLR)… Continue reading UPDATE 1-Wrong Brexit deal will cost thousands of jobs- Jaguar Land Rover CEO

Bjørn Visits Daeyoung Chaevi: Developer Of 400 kW Chargers

43 M BY MARK KANE Daeyoung Chaevi targets 400 kW chargers, expands to Europe. In one of the most recent episodes, Bjørn Nyland (with support from the Korea Electric Vehicle User Association) takes us to the South Korean company Daeyoung Chaevi, which offers all kind of charging equipment from AC stations to DC chargers – currently… Continue reading Bjørn Visits Daeyoung Chaevi: Developer Of 400 kW Chargers

Europe Overtakes Japan In Number Of CHAdeMO Chargers

1 H BY MARK KANE Europe is now the most CHAdeMO-rich place in the world The number of CHAdeMO chargers increases consistently over the years and after the recent update of stats by the CHAdeMO Association, it turns out that there are more CHAdeMO-compatible chargers (often multi-standard) in Europe (7,900) than in Japan (7,400), where the… Continue reading Europe Overtakes Japan In Number Of CHAdeMO Chargers

Could Dodge take Roadkill Nights amateur drag racing elsewhere in U.S.?

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Musk ditches two car paint options to simplify Tesla production

NEW DELHI: Elon Musk’s efforts to streamline production at Tesla Inc. have gotten down to the paintwork. The electric-car maker will ditch two of seven colors offered to buyers on Wednesday to simplify manufacturing, Musk, Tesla’s chief executive officer, said in a tweet. The only forecast Tesla had given previously for the third quarter was… Continue reading Musk ditches two car paint options to simplify Tesla production

Pay-with-your-face systems and self-driving cars: Inside Baidu’s headquarters in Beijing

Pay-with-your-face systems and self-driving cars: Inside Baidu's headquarters in Beijing

A trip to Baidu's headquarters may offer a glimpse into the future of payments, building security and driving.

Baidu is often referred to as the “Google of China” because the tech titan commands roughly 70 percent of China's internet searches. Like Alphabet in the U.S., the Chinese company is also working on a host of other technologies.

CNBC recently visited its headquarters in Beijing, which is home to around 20,000 of its 40,000-person workforce. Similar to companies in Silicon Valley, Baidu has multiple buildings spread across a sprawling campus boasting amenities from yoga classes to rock climbing walls.

Employees now have the option of registering their faces, which they can use to get through security checkpoints and even pay for things like lunch or items at vending machines.

Uptin Saiidi | CNBC
An employee pays with his face at Baidu's cafeterira in Beijing, China

Meanwhile, a small park on its campus is used to try out autonomous vehicles. During CNBC's visit, staff tested a combination of vehicles, including passenger cars, 14-passenger buses and logistics vehicles that could eventually deliver packages.

This week, Baidu announced it will work with BYD — China's leading electric car maker, which is backed by Warren Buffett — to reach mass production of autonomous cars within three years.

Baidu has already produced more than 100 autonomous buses and has plans to sell to foreign markets, including Japan, which is set to receive 10 in early 2019.

Baidu has partnered with companies including Microsoft, BMW, Ford and Intel as part of its autonomous driving project.

Baidu, BYD partner to bring mass production of self-driving cars
4:16 AM ET Thu, 6 Sept 2018 | 02:31

Elon Musk says Tesla is ditching some paint options to ‘simplify manufacturing’

Yuriko Nakao | Bloomberg | Getty Images
Elon Musk, co-founder and chief executive officer of Tesla

Tesla will scrap some paint options for the firm's luxury electric cars on Wednesday to ease the manufacturing process, CEO Elon Musk said.

The carmaker is ditching two colors — “obsidian black” and “metallic silver” — but both will remain available so long as customers are willing to pay more.

“Moving 2 of 7 Tesla colors off menu on Wednesday to simplify manufacturing,” the firm's chief said in a tweet Tuesday. “Obsidian Black & Metallic Silver will still be available as special request, but at higher price.”

Tesla's decision to pull two color options for its vehicles follows a flurry of headlines about the automaker and its boss Musk.

The company was hit with the loss of two C-suite executives last week as an interview between the firm's chief and comedian Joe Rogan went viral.

On Rogan's “The Joe Rogan Experience” podcast, Musk smoked marijuana, sipped a glass of whiskey and showed off his tunnelling firm's flamethrower, while discussing a number of issues including humanity, artificial intelligence and Tesla.

The next day, Chief Account Officer Dave Morton and Chief People Officer Gaby Toledano both resigned from Tesla. Sarah O'Brien, the firm's vice president of communications, also left but her departure had been announced by the company last month. Overall, 41 executives have left Tesla this year.

Musk's leadership has come into question over the past few months, especially after he surprised investors by announcing he wanted to take the electric car manufacturer private — only to then make a U-turn, deciding it was better to remain public.

It also comes amid pressure on Tesla to continue increasing production and improve its financial performance.

The company managed to meet a self-imposed deadline of producing 5,000 of its Model 3 cars at the start of July. But concerns have been raised over its decision to skip a standard brake test in the final days of production to reach targets.

In a company update detailing recent management changes following the exit of top executives, Musk said the carmaker would build and deliver more than twice as many cars as it did in the previous quarter.

The firm produced 53,339 vehicles in the second quarter and delivered 40,768, according to its most recent quarterly results.