Category: Automotive

Porsche accelerates EV supercar ambitions with investment in Rimac

Porsche and Rimac both made electric car news at the Geneva Motor Show this year, showing off the Mission E Cross Turismo and Concept Two, respectively. Now the two companies are preparing to enter into what’s described as a close collaboration, on the heels of Porsche’s announcement that it’s purchased 10 percent of Rimac Automobili.… Continue reading Porsche accelerates EV supercar ambitions with investment in Rimac

Elon Musk says Tesla could put its first European Gigafactory in Germany

Elon Musk said Tesla favors Germany as the location for its first European Gigafactory. Industry experts expect a green car revolution to boost Europe’s battery market to around 250 billion euros ($290 billion) by 2025. Tesla has faced challenges ramping up Model 3 production, forcing it in recent days to announce plans to cut several… Continue reading Elon Musk says Tesla could put its first European Gigafactory in Germany

Deutsche Post wants street scooters by 2020 itself to produce

N After the expulsion of Executive Board member Jürgen Gerdes, the post-chairman of the board of directors commits himself Frank Appel to the street scooter. The electric transporter powered by Gerdes will continue to be produced by Deutsche Post. “At least in the next two years, we will continue,” said Appel the Frankfurter Allgemeine Zeitung.… Continue reading Deutsche Post wants street scooters by 2020 itself to produce

VW and Ford are exploring Alliance

V olkswagen and Ford want to cooperate according to insiders in the construction of vans and in other areas. The Supervisory Board of the Wolfsburg Group have given the green light for talks with the second largest American carmaker to explore ways for cooperation, said two people with knowledge of the facts of the news… Continue reading VW and Ford are exploring Alliance

Toyota captures data goldmine in $1 billion Grab bet

TOKYO/SINGAPORE (Reuters) – By pumping $1 billion into ride-hailing firm Grab, Toyota Motor Corp stands to gain a passenger-side view of tens of thousands of cars across Southeast Asia, tracking how fast they drive, how far they travel and the time they spend stuck in traffic. FILE PHOTO: Commuters walk past a Grab transport booking… Continue reading Toyota captures data goldmine in $1 billion Grab bet