The guessing game on Li Shufu’s intentions after buying the biggest stake in Daimler is up: Automakers must cooperate, or risk being swallowed up. That’s the takeaway from an editorial written by the owner of China’s biggest non-state carmaker in Frankfurter Allgemeine Zeitung on Sunday. Li, who in February bought a 9.7 percent stake in… Continue reading Daimler Investor Li Says Carmakers Must Talk or Face Oblivion
Category: Automotive
Feeling Grateful Since Day 1: $500 Million in Driver Tips
Less than a year ago, we celebrated a big milestone: Over a quarter of a billion dollars in tips had been received by Lyft drivers (as well as a few donuts and even a snare drum). Today, the community has reached an even bigger one: $500 million in tips that help our drivers get closer… Continue reading Feeling Grateful Since Day 1: $500 Million in Driver Tips
US truck manufacturers: Rumors about Navistar acquisition burden VW
All articles and backgrounds 04/16/2018 US truck manufacturers rumors about Navistar takeover charge VW DPA The shares of the US commercial vehicle manufacturer Navistar have received on Monday tailwind by takeover fantasy. In early trading, they climbed more than 5 percent to $ 38.90. Market participants referred to comments from the German major shareholder Volkswagen… Continue reading US truck manufacturers: Rumors about Navistar acquisition burden VW
Fastned to deploy fast chargers with up to 350 kW in UK cities of Newcastle and Sunderland
Dutch charging provider Fastned has won a tender from the North East Combined Authority (NECA) and Newcastle University to deploy two fast charging stations in the city centers of Newcastle and Sunderland (where Nissan manufactures LEAFs for the UK market). Each “Go Ultra Low Filling Station” will house six DC fast chargers, two of which… Continue reading Fastned to deploy fast chargers with up to 350 kW in UK cities of Newcastle and Sunderland
Daimler major shareholder Geely urges cooperation: Li Shufu has bad cards for new Daimler alliances
All articles and backgrounds 04/16/2018 Daimler giant shareholder Geely urges cooperation Li Shufu has bad cards for new Daimler alliances REUTERS Li Shufu, founder and head of Chinese auto giant Geely Forge new partnerships, build digital platforms: The wishes are not revolutionary, the new major Daimler shareholder Li Shufu in the direction of the Stuttgart… Continue reading Daimler major shareholder Geely urges cooperation: Li Shufu has bad cards for new Daimler alliances
Network termination: new contracts for Opel dealers
Jürgen Keller: “The Opel dealers remain the interface to the customer.” © Photo: Dietmar Stanka / AUTOHAUS The fears of Opel dealers come true. The Rüsselsheim car manufacturer announces the existing contracts throughout Europe and wants to “tackle the basics”. The key messages from Germany boss Jürgen Keller. By Ralf Padrtka / AUTOHAUS Opel wants… Continue reading Network termination: new contracts for Opel dealers
Carpool: Karos raises 4.2 million to lead the race
New proof of the enthusiasm of investors for car pooling. The start-up of Olivier Binet, Karos, has completed a tour de table amounting to 4.2 million euros. The competition is raging on the carpool market. In the middle of a series of strikes at the SNCF, the alternative mobility solution signs a new fundraiser. This… Continue reading Carpool: Karos raises 4.2 million to lead the race
Panasonic Commercializes a High Vibration Acceleration-resistant, Power Choke Coil for Automotive Use
Osaka, Japan – Panasonic Corporation announced today that it has commercialized a high vibration acceleration-resistant (50 G or higher), surface-mounted type power choke coil [1] (10 mm square size) suitable for power circuits in automotive electronic control units (ECUs) employed in hybrid electric vehicles, electric vehicles, and gasoline-powered vehicles. The company will launch the new… Continue reading Panasonic Commercializes a High Vibration Acceleration-resistant, Power Choke Coil for Automotive Use
Inside BMW’s Autonomous Driving Campus and plans
Dr. Dirk Wisselmann, senior expert for autonomous driving at BMW, tells me that the automaker’s first level 3 car will have the technical capabilities for level 4 or 5 highway driving. “We can create a software update (for the car) and inform our drivers, ‘We are are very confident on this road. We are very… Continue reading Inside BMW’s Autonomous Driving Campus and plans
Alibaba Accelerates Autonomous Driving Research, Following In Footsteps Of Baidu And Tencent
Alibaba Group Holding Ltd. is accelerating its research and development of autonomous driving technology, and is looking to recruit more than 50 people to build up its team, people familiar with the matters told China Money Network. The news comes a week after Alibaba’s rival Tencent Holdings Ltd. set up a joint venture with Chinese automobile manufacturer… Continue reading Alibaba Accelerates Autonomous Driving Research, Following In Footsteps Of Baidu And Tencent