The US technology company Applecould partner with the South Korean automaker Hyundai in the development and construction of a self-driving one Electric cars and choose from batteries for such vehicles. Talks about a cooperation are at an early stage and nothing has yet been decided, the South Korean company initially announced to the Bloomberg news… Continue reading German Manager Magazin: Hyundai share rises sharply – Alleged discussions with Apple about e-car partnership but possibly price maintenance PR000458
Category: Automotive
German Manager Magazin: Tesla at record high: Will Elon Musk now buy BMW or Daimler? 000459
The price of Tesla’s stock market valuation increased sevenfold in the last year and is currently around 700 billion US dollars (570 billion euros). The German car company VW (79 billion euros), Daimler (61 billion euros) and BMW (46 billion euros) come together to around 186 billion euros. Long before Tesla’s course exploded, there was… Continue reading German Manager Magazin: Tesla at record high: Will Elon Musk now buy BMW or Daimler? 000459
German Manager Magazin: New car registrations: Electric cars are growing strongly, but the German car market will shrink by 19 percent in 2020
In 2020, fewer new cars were registered nationwide than in ten years. With 2.92 million new registrations, the German fell Car market in the Corona crisis by a good 19 percent, as shown by figures from the Federal Motor Transport Authority. At the end of the year, sales were stronger than expected and so mitigated… Continue reading German Manager Magazin: New car registrations: Electric cars are growing strongly, but the German car market will shrink by 19 percent in 2020
@Toyota: Toyota Tsusho Makes Equity Investment into Vietnam Ngoi Phat Hydropower Plant- First overseas hydropower generation business for the company –
Toyota Tsusho Corporation (“Toyota Tsusho”) announced today that it has acquired 35% of the issued shares for the Northern Electricity Development & Investment Joint Stock Company No. 2 (“NEDI2”), a company that operates the Ngoi Phat Hydropower Plant (installed capacity: 84 MW), from Vietnam Construction and Import-Export Joint Stock Corporation (“VINACONEX”), a major construction and… Continue reading @Toyota: Toyota Tsusho Makes Equity Investment into Vietnam Ngoi Phat Hydropower Plant- First overseas hydropower generation business for the company –
Apple Is Trying to Find a Manufacturer For Its Self-Driving Car
Apple x Hyundai South Korean automaker Hyundai Motors is in early stage talks with tech titan Apple to develop an electric car, CNBC reports. Shares of the manufacturer surged by 19 percent following the news. Hyundai isn’t the only carmaker in talks with Apple. “We understand that Apple is in discussion with a variety of… Continue reading Apple Is Trying to Find a Manufacturer For Its Self-Driving Car
@FCA: S&P raises its ratings on FCA N.V.
S&P raises its ratings on FCA N.V.S&P Global Ratings communicated today that it has upgraded its long term corporate credit rating on FCA N.V. from “BB+” to “BBB-”; Outlook is Stable.The short-term credit rating is upgraded from “B” to “A-3”.London, 8 January 2021AttachmentS&P raises the ratings of FCA N.V. Go to Source
Nissan to cut car production due to lack of chips
TOKYO — Nissan Motor is to reduce production of automobiles due to a lack of semiconductors, Nikkei has learned. The Japanese automaker will cut production of its flagship Note compact car by 5,000 units in January. The production reduction may continue in February. The use of semiconductors in smartphones and communication base stations is increasing,… Continue reading Nissan to cut car production due to lack of chips
Tesla’s Chinese rivals strike back with new models
HONG KONG — Upstart Chinese challengers to Elon Musk’s Tesla are raising the stakes in the race to carve up the world’s largest electric vehicle market with plans to launch new models for the year ahead. Nio, the U.S.-listed carmaker whose market value rose more than 12-fold during 2020, will launch its first flagship sedan… Continue reading Tesla’s Chinese rivals strike back with new models
Hyundai confirms talks with Apple on possible EV project
SEOUL — Hyundai Motor shares surged nearly 20% on Friday after South Korea’s biggest automaker confirmed — but then later played down — reports that it is in talks with Apple to develop self-driving electric vehicles. “We’ve been receiving requests for potential cooperation from various companies regarding developing autonomous EVs. No decisions have been made… Continue reading Hyundai confirms talks with Apple on possible EV project
Sumitomo teams with Mahindra to help Japan’s carmakers go digital
TOKYO — Japanese trading house Sumitomo Corp. and India’s Tech Mahindra have launched a joint venture to offer information-technology-based design and development services to Japan’s automakers and auto parts producers as the industry undergoes digital transformation. SCTM Engineering, the 50-50 venture in Tokyo, will draw on Tech Mahindra’s track record of automotive engineering working chiefly… Continue reading Sumitomo teams with Mahindra to help Japan’s carmakers go digital