The University of NTU and the manufacturer Volvo want to jointly develop an autonomous e-bus for Singapore. Volvo still has some difficulties at home approval to receive, but in Singapore If you want to stir up the public transport right now. Autonomous E-bus Singapore. Source: NTU In fact, there are some autonomous driving projects in… Continue reading NTU & Volvo for Autonomous Electric Buses in Singapore
Category: Automotive
GLOBAL SALES RESULTS IN 2017: A new record for Groupe Renault with 3.76 million vehicles sold, a rise of 8.5%
3.76 million vehicles sold, a rise of 8.5% in a market that grew 2.3%. A record year for Renault, the world’s leading French brand, and for Dacia. Renault is the number-two brand in Europe. Renault remains the leader in Europe’s electric-vehicle segment with market share of 23.8%. All the regions of the group increased both… Continue reading GLOBAL SALES RESULTS IN 2017: A new record for Groupe Renault with 3.76 million vehicles sold, a rise of 8.5%
“We will take care of white spots”: ZF thinks after debt reduction back to acquisitions
ZF Friedrichshafen “If we spot white spots, then we’ll take care of it.” (Photo: AP) The auto supplier ZF Friedrichshafen can imagine larger takeovers after reducing its debt burden. The US billion purchase TRW is now almost completed, said since December acting CEO Konstantin Sauer on Sunday (local time) in the context of the US… Continue reading “We will take care of white spots”: ZF thinks after debt reduction back to acquisitions
ZF off to a Strong Start in 2018
“The improved rating highlights our solid financial policies and is a milestone in securing financial independence which is firmly anchored into the long-term ZF 2025 Strategy,” added Sauer, who is also CFO of the ZF Group. “We are making excellent progress in reducing debt that originated from the TRW acquisition in 2015. In fact, progress… Continue reading ZF off to a Strong Start in 2018
Electric offensive as in VW – even pick-up F-150 as a hybrid: Ford wants to invest 11 billion dollars in e-cars
01/15/2018 Electric offensive as in VW – also pick-up F-150 as a hybrid Ford wants to invest 11 billion dollars in e-cars ford Rethink: Also PS monster like the F-150 Ford wants to offer in the future as a hybrid vehicle The second largest US automaker Ford ill will massively increase its involvement in electric… Continue reading Electric offensive as in VW – even pick-up F-150 as a hybrid: Ford wants to invest 11 billion dollars in e-cars
Ford Goes ‘All In’ on Electric Cars
Ford Motor Co. will more than double spending on electrified vehicles, amplifying its investment in a segment that the auto industry sees growing from what’s now just a fraction of the market. The carmaker will shell out $11 billion bringing 40 electrified vehicles to market by 2022, Jim Farley, president of global markets, said during… Continue reading Ford Goes ‘All In’ on Electric Cars
UPDATE 1-VW brand car sales hit record 6.23 mln in 2017
DETROIT (Reuters) – Volkswagen’s (VOWG_p.DE) core autos division increased vehicle sales to a record 6.23 million cars last year, as rising demand for VW brand models in the Americas and the key Chinese market offset a decline in western Europe. Although the emissions test-cheating scandal of September 2015 has cost the German group billions of… Continue reading UPDATE 1-VW brand car sales hit record 6.23 mln in 2017
UPDATE 3-Ford plans $11 billion investment, 40 electrified vehicles by 2022
DETROIT (Reuters) – Ford Motor Co (F.N) will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the Detroit auto show. The investment figure is sharply higher than a previously announced target… Continue reading UPDATE 3-Ford plans $11 billion investment, 40 electrified vehicles by 2022
VW Brand to Invest $3.3 Billion in Quest for U.S. Relevance
Volkswagen AG, unveiling a version of the revamped Jetta sedan, said it’ll invest more than $3.3 billion in North America to help lift the brand out of irrelevance in the U.S. The spending through 2020 will mostly go toward new models, including two more planned sport utility vehicles designed to finally turn VW’s fortunes, after lingering at… Continue reading VW Brand to Invest $3.3 Billion in Quest for U.S. Relevance
Alibaba Said To Buy $3B Stakes In Chinese Bike Sharing Firm Ofo From GSR
Chinese tech giant Alibaba Group Holding Ltd. is reported to have bought a US$3 billion stake in bike sharing firm ofo from GSR Ventures. According to multiple Chinese media reports, Ou Chengxiao, brother-in-law of GSR’s managing partner Allen Zhu, stated in an open course he teaches that GSR sold its entire stake in ofo to… Continue reading Alibaba Said To Buy $3B Stakes In Chinese Bike Sharing Firm Ofo From GSR