The automaker plans to invest nearly 8 billion euros in five years in China. More than 20 electrified models will be marketed by 2022.
Category: Automotive
Uber, Lyft Want to Ban Personal Use of Self-Driving Cars in Urban Areas
Uber, Lyft Want to Ban Personal Use of Self-Driving Cars in Urban Areas ExtremeTechFull coverage
Mercedes trade: Stern Auto takes over dealership Sternagel
Following the integration of the Daimler branch offices in 2016/17, Germany’s largest Mercedes dealer is now driving the expansion of its sales network.
Chipmaker Nvidia, Auto Supplier Continental in Self-Driving Tie-Up
Chipmaker Nvidia, Auto Supplier Continental in Self-Driving Tie-Up U.S. News & World ReportNvidia, Continental AG team up on self-driving vehicle project Seeking AlphaContinental teams with NVIDIA on self-driving car system Seattle TimesFull coverage
Lyft Product Chief on What to Expect From the Ride-Hailing Service in 2018
Lyft Product Chief on What to Expect From the Ride-Hailing Service in 2018 NDTV Full coverage
Autonomous driving: Hyundai wants on board BMW Alliance
Hyundai apparently wants to enter the alliance of BMW and Intel for autonomous driving. The talks could soon come to a conclusion.
Profitable Growth Delivered Under Challenging Conditions
Strong turnaround in the domestic business Tata Motors Ltd today announced its results for the quarter ending Dec 31, 2017. Performance Highlights (Q3 FY18) Consolidated Rs. Cr (Ind AS) Q3 FY 18 Vs FY’17 9M FY 18 Vs FY’17 Net Revenue 74,156 16.1% 202,963 5.4% PBT 2,029 239% 8,847* 113% EBIT (%) 3.6 80 bps… Continue reading Profitable Growth Delivered Under Challenging Conditions
JAGUAR LAND ROVER REPORTS THIRD QUARTER RESULTS
Jaguar Land Rover Automotive plc today reported pre-tax profits of £192 million for the three months to 31 December 2017, as major investment in new models and challenging trading conditions in key markets offset a solid rise in unit sales.
Nissan will invest 7.65 billion euros in China
BEIJING (Reuters) – Nissan Motor plans to invest 60 billion yuan (7.65 billion euros) in China over the next five years with its local partner, with the goal of moving to the top three main players in the world’s largest car market. For a long time confined to the background in China, Nissan and Dongfeng… Continue reading Nissan will invest 7.65 billion euros in China
Porsche plans to invest more than six billion euro in electromobility by 2022
Doubling investment in the future: Porsche has been putting together an unprecedented future development plan. By 2022, the sports car manufacturer will invest more than six billion euro in electromobility, focusing on both plug-in hybrids and purely electric vehicles.