European Battery Union: Volkswagen founds European battery alliance

Companies from seven countries join forces under the leadership of VolkswagenGroup and Northvolt to the European Battery Union (EBU). This is how research on electricity storage systems should be promoted. March 22, 2019, 7:49 am, Andreas Donath VW worries about batteries. (Image: Werner Pluta / Golem.de) The Volkswagen Group and other European partners have founded… Continue reading European Battery Union: Volkswagen founds European battery alliance

Complaints from the industry: Tesla & Arizona

The autonomous driving industry has some legal complaints a week to report. All complaints relate to the US, where the convictions can quickly take on exorbitant sums. So had Tesla announced the startup Zoox to sue and the survivors of the Uber-accident sue against US state Arizona and the city of Tempe. Tesla vehicle The… Continue reading Complaints from the industry: Tesla & Arizona

Opel agrees with works council on the development center

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Porsche boss proposes subscription model to deter speculators

Porsche CEO Oliver Blume has proposed a subscription model as a potential solution to speculators buying the firm’s limited edition cars to sell on at huge profits. Although the problem of investors making huge mark-ups is industry-wide, Porsche’s volume of highly collectable, very limited run models, ranging from the Boxster Spyder through to Porsche 911… Continue reading Porsche boss proposes subscription model to deter speculators

Next-gen Porsche Cayenne could be fully electric

The next-generation Porsche Cayenne, due around 2025, could be fully electric – but only if battery technology has advanced significantly. Porsche has already committed to launching the fully electric Taycan saloon later this year, and will follow it with launches of the Taycan Cross Turismo estate and the next-generation Porsche Macan, which will launch in… Continue reading Next-gen Porsche Cayenne could be fully electric

Daimler taps Goldman to raise China BAIC shareholding – sources

HONG KONG (Reuters) – Daimler has asked Goldman Sachs to help it explore increasing its stake in Chinese carmaker BAIC Motor Corp, its main China joint venture partner, two people with knowledge of the matter said. The Daimler is seen during a press conference on the second press day of the Paris auto show, in… Continue reading Daimler taps Goldman to raise China BAIC shareholding – sources

Velodyne on Nvidia platform & Lidotive’s new lidar system

The top dog in the lidar sensor area, Velodyne, is available on the Nvidia Drive platform. The manufacturer Lumotive has developed a new Lidarsensor-type, which is inexpensive and small. The market for lidar sensors is contested, not least has Google’s sister Waymo started their eyelid sensors too marketto cover the costs of developing autonomous driving.… Continue reading Velodyne on Nvidia platform & Lidotive’s new lidar system

Chinese auto, internet giants set up $1.46b fund to invest in ride-sharing industry

March 22, 2019 China’s major automobile and internet companies, including Chongqing Changan Automobile, Alibaba and Tencent, are setting up a 9.76 billion yuan ($1.46 billion) joint venture to invest in ride-sharing industry, Chongqing Changan Automobile said on Friday. Chongqing Changan Automobile has invested 1.6 billion yuan ($238.70 million) in the investment company in Nanjing with… Continue reading Chinese auto, internet giants set up $1.46b fund to invest in ride-sharing industry