Category: Automotive

Uber’s CEO said that self-driving cars will hit the road in less than 2 years

Uber CEO Dara Khosrowshahi. Getty The world’s most powerful and influential people are meeting in Davos, Switzerland, to discuss various important topics and issues. Bloomberg hosted a conference named “The Year Ahead” there, where Uber CEO Dara Khosrowshahi attended and spoke. He said that he fully expects autonomous cars to hit the road within 18 months,… Continue reading Uber’s CEO said that self-driving cars will hit the road in less than 2 years

Thales and Vector collaborate on connected car cybersecurity

Thales, through its German company Sysgo, and Vector, the Stuttgart-based specialist for automotive embedded electronics founded a joint-venture to address the critical issue of multiple software managing multiple – often safety-critical – functions. The volume and complexity of software used to manage virtually every aspect of a connected or autonomous vehicle, both mechanic and electronic,… Continue reading Thales and Vector collaborate on connected car cybersecurity

Car sharing services from BMW and Daimler: Car2Go and DriveNow merger on the home straight

All articles and backgrounds 01/24/2018 Carsharing services from BMW and Daimler Car2Go and DriveNow merger on the home straight PR Carsharing cars from Car2Go (left, Daimler) and Drive Now (right, BMW): Still in February probably official Will it finally be something with the merger of Car2Go and DriveNow? In front more than a year The… Continue reading Car sharing services from BMW and Daimler: Car2Go and DriveNow merger on the home straight

Indonesia’s BeliMobilGue raises $3.7M to let consumers sell their cars quickly and easily

A new startup in Indonesia wants to car owners in Southeast Asia’s country sell their vehicle with more security and reliability. BeliMobilGue — meaning ‘Buy My Car’ — was quietly started last year as a joint venture from Berlin-based Frontier Car Group and Intudo Ventures. It acts as a middleman between Indonesia’s car dealers and consumers… Continue reading Indonesia’s BeliMobilGue raises $3.7M to let consumers sell their cars quickly and easily

ContiTech Invests €20 Million in Hungarian Nyíregyháza Location

New production facilities to meet rising demand Capacity expansion and technology development subsidized by the Hungarian Government Up to 300 new workplaces are expected in the future Nyíregyháza, January 23, 2018. ContiTech is building on its commitment to Hungary. Over the past one and a half years, the industrial supplier – part of German technology… Continue reading ContiTech Invests €20 Million in Hungarian Nyíregyháza Location

Admiral Insurance demands higher premiums for Hotmail users compared to Gmail

Insurance companies are discriminating against potential customers based on their email address, with Hotmail users being quoted higher premiums compared to Gmail users.  The insurance companies claim that the difference is based on data that suggests that Hotmail users cost them more in terms of claims compared to Gmail users. The findings come from an… Continue reading Admiral Insurance demands higher premiums for Hotmail users compared to Gmail

Berlin’s Blacklane raises $40-45M for its high-end transport on demand service

Transportation-on-demand startups betting on growth by homing in on specific market segments continue to play strong with both investors and customers looking for alternatives to traditional taxis and Uber. Today, Blacklane, a Berlin-based business that offers limousines and other high-end cars for airport and other medium-length journeys, is announcing that it has raised a significant… Continue reading Berlin’s Blacklane raises $40-45M for its high-end transport on demand service

Nissan and Shikoku Electric join forces to promote electric cars

Buyers of new Nissan LEAF in Japan’s Shikoku region to earn points toward electricity bill YOKOHAMA, Japan (Jan. 24, 2018) – Buyers of the new Nissan LEAF in a region of western Japan will earn points that they can use to help pay their utility bills, as part of a partnership to promote electric cars.… Continue reading Nissan and Shikoku Electric join forces to promote electric cars

China fuel economy rules set to drive EV production 

Keep abreast of significant corporate, financial and political developments around the world. Stay informed and spot emerging risks and opportunities with independent global reporting, expert commentary and analysis you can trust. Choose the subscription that is right for you Read more For 4 weeks receive unlimited Premium digital access to the FT’s trusted, award-winning business… Continue reading China fuel economy rules set to drive EV production