Published 02/20/2018 12:51:56CET BRUSSELS, 20 Feb. (EUROPA PRESS) – The European Commission gave the green light to the alliance between Repsol and Kia on Tuesday to create a joint venture to operate in the car sharing business, concluding that the operation will not have a negative impact on the European economic space. The resulting company… Continue reading Brussels gives ‘green light’ to the alliance of Repsol and Kia in the car sharing business
Category: Automotive
Model S conquers top position in sales ranking: Tesla beats Mercedes and BMW in the domestic market
All articles and backgrounds 02/20/2018 Model S conquers top position in sales ranking Tesla beats Mercedes and BMW in the domestic market Tesla; Daimler Tesla Model S, Mercedes S-Class US electric car maker Tesla Show stock market chart has climbed for the first time in Europe the top spot in car sales in the luxury… Continue reading Model S conquers top position in sales ranking: Tesla beats Mercedes and BMW in the domestic market
VW: I.D. VIZZION
At the Geneva Motor Show, Volkswagen shows its I.D. VIZZION concept. With the concept one follows also in the name of the I.D. Buzz, which develops as a concept, until 2022 become reality. Also Sedric should be off 2021 be built. Common to both is the electric drive and the automation. VW I D Vizzion.… Continue reading VW: I.D. VIZZION
New Toyota magnet cuts dependence on key rare earth metal for EV motors
FILE PHOTO: A Toyota Prius and a Prius V are displayed at the North American International Auto Show in DetroitThomson Reuters TOKYO (Reuters) – Toyota Motor Corp has found a way to reduce the amount of a key rare earth metal used in magnets for electric car motors by around 20 percent, which could tame… Continue reading New Toyota magnet cuts dependence on key rare earth metal for EV motors
Uber parks its service in Morocco
Uber is pulling the brakes on its service in Morocco, which will cease on February 23, as it waits (and hopes) for local regulators to accommodate app-based ride-hailing. The company announced the move on its country blog yesterday, writing that it has “not had any clarity” on how its service can be integrated into the… Continue reading Uber parks its service in Morocco
Marchionne leaves Fiat … and among these is his substitute
The charismatic CEO of the FCA Group, Sergio Marchionne, has barely a year left to retire and, as pointed out by some information such as that offered by Automotive News, the Italian leader would already be organizing his farewell. After almost 15 years at the top of the Executive Board of Fiat (he was named… Continue reading Marchionne leaves Fiat … and among these is his substitute
CORRECTED-UPDATE 3-Japan’s Sony to form alliance to build taxi-hailing system
TOKYO (Reuters) – Sony Corp said on Tuesday it would become the latest blue-chip firm to jockey for position in Japan’s taxi and ride-hailing market, with plans for a joint venture to develop an artificial intelligence-based hailing system. The partnership is the latest in a growing array of tie-ups between domestic taxi firms and tech… Continue reading CORRECTED-UPDATE 3-Japan’s Sony to form alliance to build taxi-hailing system
Car Sales in Europe: Tesla’s Model S sells better than the Mercedes S-Class and the BMW 7 Series
Shiny numbers The Tesla Model S is for the first time also in Europe the best-selling model in the upper class. (Photo: Reuters) For the German premium car maker is the US Elektropionier Tesla long ago a more than unpleasant challenger. Although the Californians are clearly struggling to conquer the volume market, robs Tesla the… Continue reading Car Sales in Europe: Tesla’s Model S sells better than the Mercedes S-Class and the BMW 7 Series
Sony Corp. to launch an AI-based taxi-hailing service in Japan
Sony Corporation said today that it will build an AI-based ride-hailing system in Japan in partnership with five taxi companies. The service will use artificial intelligence to manage taxi dispatches and forecast demand based on factors like weather, traffic and local events. Sony’s announcement came just before Uber chief executive officer Dara Khosrowshahi, who is… Continue reading Sony Corp. to launch an AI-based taxi-hailing service in Japan
Toyota Develops New Magnet for Electric Motors Aiming to Reduce Use of Critical Rare-Earth Element by up to 50%
Toyota Motor Corporation (Toyota) announces that it has developed the world’s first neodymium-reduced, heat-resistant magnet. Neodymium magnets are used in various types of motors such as the high-output motors found in electrified vehicles, use of which is expected to increase rapidly in the future. The new magnet uses significantly less neodymium, a rare-earth element (“rare… Continue reading Toyota Develops New Magnet for Electric Motors Aiming to Reduce Use of Critical Rare-Earth Element by up to 50%