Category: Automotive

Agreement reached on cutting CO2 emissions from cars further in 2020

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Agreement reached on cutting CO2 emissions from cars further in 2020

25/06/2013The European Parliament, Council and European Commission reached agreement late yesterday on a further reduction in CO2 emissions from cars.
Connie Hedegaard, EU Commissioner for Climate Action, said:

“The European Parliament and the EU governments reach a deal on the European Commission's car emissions proposal: the 95g CO2/km 2020 target is secured and there is a limited use of supercredits. Also, the European Commission is asked to propose a 2025 target by end-2015.”

Key details of the agreement:
Emissions target: The agreement will reduce average CO2 emissions from new cars to 95g per kilometre from 2020, as proposed by the Commission. This represents a 40% reduction from the mandatory 2015 target of 130g/km. The target is an average for each manufacturer's new car fleet; some models will emit less than the average and some will emit more.
2025..

Tata Motors defers planned fundraise of up to $1.5b

 Tata Motors Ltd has indefinitely deferred a planned fundraise of up to $1.5 billion in foreign currency loans after failing to garner sufficient interest from potential lenders, two people directly aware of the development said, requesting anonymity. The funds were to be raised by a Singapore-based entity of Tata Motors to refinance existing loans of Tata Motors… Continue reading Tata Motors defers planned fundraise of up to $1.5b

Nissan’s Infiniti names new design chief as another non-Japanese executive exits

The logo of Infiniti, Nissan Motor’s premium brand, is seen at its Global Design Center in Atsugi, Japan, April 18, 2018. REUTERS/Toru Hanai BEIJING (Reuters) – Nissan Motor Co’s (7201.T) premium brand Infiniti said it has named Taisuke Nakamura as its new design chief, replacing Karim Habib who resigned from the post. Canadian designer Habib,… Continue reading Nissan’s Infiniti names new design chief as another non-Japanese executive exits

Self-driving cars will only last four years, Ford says – The Telegraph

Self-driving cars will only last four years because they will be used so much, a Ford executive has predicted. John Rich, operations chief of Ford Autonomous Vehicles, dismissed concerns that demand for cars would wane in the future. “The thing that worries me least in this world is decreasing demand for cars. We will exhaust… Continue reading Self-driving cars will only last four years, Ford says – The Telegraph

Low-Cost LiDAR Startup Oryx Vision Shuts Down – CTech

Israel-based low-cost LiDAR startup Oryx Vision Ltd. has shut down as of Thursday, Oryx’s CEO Ran Wellingstein said in a Friday interview with Calcalist. Oryx was a direct competitor of Israel-based LiDAR startup Innoviz Technologies Ltd., which announced the completion of a $170 million series C funding round in June.   Founded in 2009, Oryx… Continue reading Low-Cost LiDAR Startup Oryx Vision Shuts Down – CTech

Tesla scouting sites for possible factory in Germany’s NRW: Rheinische Post

FILE PHOTO: A Tesla car is seen in Santa Monica, California, United States, October 23, 2018. REUTERS/Lucy Nicholson/File Photo FRANKFURT (Reuters) – Electric carmaker Tesla (TSLA.O) is scouting out locations for a possible factory in the German state of North Rhine-Westphalia (NRW), Germany’s most populous state, daily Rheinische Post reported on Sunday, citing people familiar… Continue reading Tesla scouting sites for possible factory in Germany’s NRW: Rheinische Post

Commission approves second eco-innovation for cars

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Commission approves second eco-innovation for cars

27/06/2013The European Commission today approved an eco-innovation by French manufacturer Valeo Equipements Electriques Moteur to help reduce CO2 emissions from passenger cars.
Valeo has demonstrated that the use of Valeo Efficient Generation Alternator, with an efficiency of at least 77%, is innovative within the meaning of the relevant legislation and reduces CO2 emissions by at least 1g CO2/km.

The vehicle-specific CO2 savings from the eco-innovation will be certified for each version of the car that is equipped with this technology as part of the vehicle type approval procedure. The reduction in CO2 emissions will be counted towards the achievement of the manufacturer's annual CO2 emissions target, up to a maximum level of 7gCO2/km per year.

This is the second eco-innovation approved. In March 2013, Audi AG won approval for an eco-innovation involving the use of light emitting d..

Driving Volkswagen’s all-electric ID Buggy concept

The VW electric ID Buggy concept is delightful and bright, stout and smiling. It’s a vehicle fit for the sunshine and sand dunes, or perhaps a less committing slow roll along the beach. And so my first drive in a prototype of the all-electric buggy — along the coast near Spanish Bay in Monterey, Calif.,… Continue reading Driving Volkswagen’s all-electric ID Buggy concept

Profit of battery giant CATL surges in H1

SHENZHEN, Aug. 24 (Xinhua) — Contemporary Amperex Technology Co., Ltd. (CATL), China's largest automotive lithium-ion battery maker, posted a 130.8 percent net profit growth in the first half of 2019 amid a booming new energy vehicle (NEV) market.
Net profit in the January-June period rose to 2.1 billion yuan (296 million U.S. dollars), CATL said in its interim statement filed to the Shenzhen Stock Exchange Friday.
During the six months, its total revenue soared 116.5 percent year on year to 20.3 billion yuan. The revenue from its automotive lithium-ion battery systems business surged 135 percent to 16.9 billion yuan, according to the statement.
In the first half, CATL had a 46 percent share of the automotive lithium-ion battery market in China.
Despite sluggish sales for gasoline-powered vehicles, the NEV market has experienced a boom in China and thus resulted in a strong demand for lithium-ion batteries.
In the six months, automobile sales in China fell 12.4 percent year on ye..

Shell installs first ABB EV fast charger in Singapore

Shell subsidiary Greenlots has installed an ABB DC fast charger in Singapore, the first of 10 to be installed at Shell stations in the country over the next few months. Singapore has amped up its efforts to establish an EV infrastructure in anticipation of increased demand. In October, it attracted Dyson to open an EV… Continue reading Shell installs first ABB EV fast charger in Singapore