FILE PHOTO: The logo of PSA Peugeot Citroen is seen at the company’s plant in Poissy, near Paris, October 31, 2019. REUTERS/Charles Platiau PARIS/BEIJING (Reuters) – Peugeot maker PSA Group (PEUP.PA) is preparing to sell its 50% stake in a joint venture with Chongqing Changan Automotive (000625.SZ), a Chinese partner also exiting the manufacturing tie-up,… Continue reading PSA readying sale of its stake in Chinese tie-up with Changan
Tag: Strategy
Bajaj Auto backs ride-sharing platform Yulu in EV push
MUMBAI (NewsRise) — Bajaj Auto‘s investment in electric cycle-sharing platform Yulu underscores the rush of conventional two-wheeler makers in India to gain a toe-hold in the growing electric-vehicle market. Bajaj has already unveiled its first electric scooter, marking the return of its marquee brand ‘Chetak.’ The Pune, western India-based company, which exited the scooter market… Continue reading Bajaj Auto backs ride-sharing platform Yulu in EV push
@BMW: BMW announces new possibilities at the crossroads of sound, music, and technology. Long-term collaborations with world-renowned orchestras and musicians.
Munich. London Symphony Orchestra. Teatro alla Scala. Bolshoi Theatre. Bayerische Staatsoper. Staatsoper Unter den Linden. Elbphilharmonie. Polish National Opera. The Munich Philharmonic. For many years and often even decades, BMW has been collaborating with world-renowned orchestras in creating formats such as “BMW Opera Next” and “BMW Classics” to offer entirely novel ways to experience music.… Continue reading @BMW: BMW announces new possibilities at the crossroads of sound, music, and technology. Long-term collaborations with world-renowned orchestras and musicians.
Press: ZF Establishes Third Research and Development Center in China
New center in Guangzhou strengthens development expertise in the Asia-Pacific region Focus on future technologies such as automated driving and electric mobility Guangzhou, China/Friedrichshafen, Germany. ZF Friedrichshafen AG is establishing a third Chinese research and development center in Guangzhou southern China. Representatives of ZF and the local authorities have signed an agreement and ZF plans… Continue reading Press: ZF Establishes Third Research and Development Center in China
Panasonic denies plan to partner with Tesla on Gigafactory 3 battery production
Tesla is making deals with several battery manufacturers in China for Gigafactory 3 in Shanghai, but the company is expected to eventually make its own batteries. Now Panasonic, Tesla’s partner for Gigafactory 1, denies any plan to partner with Tesla on Gigafactory 3 battery production. As of now, Panasonic is the only approved battery cell… Continue reading Panasonic denies plan to partner with Tesla on Gigafactory 3 battery production
ZF sets up third R&D centre in China
ZF Friedrichshafen AG is setting up a third Chinese research and development centre in Guangzhou, southern China. Representatives of ZF and the local authorities have signed an agreement and ZF plans to invest approximately 90 million euros (Rs 710 crore) in the new development centre. The move is in line with ZF’s strategy to localise… Continue reading ZF sets up third R&D centre in China
@Daimler: “Enjoy Electric.” – The campaign for the Mercedes-Benz EQC: A new era of mobility
Stuttgart. November sees the start of the advertising campaign “Enjoy Electric.” for the market launch of the Mercedes-Benz EQC (combined electrical consumption: 20.8–19.7 kWh/100 km; combined CO2 emissions: 0 g/km)[1] with various moving image formats and a major print and online communication initiative. The teaser phase leads to the launch of the campaign on November 29,… Continue reading @Daimler: “Enjoy Electric.” – The campaign for the Mercedes-Benz EQC: A new era of mobility
Tata Motors rolls out production-ready Altroz
Guenter Butschek, CEO and MD, Tata Motors, at the rollout of the first Altroz from the Pune plant, ahead of the launch in January 2020. It is the first product to be launched on the ALFA platform. Tata Motors is gearing up to open 2020 with a bang. The carmaker is currently building up hype… Continue reading Tata Motors rolls out production-ready Altroz
GAC MOTOR to Launch its Brand and GS8 SUV as Its First Model in Russia
The GS8 luxury flagship 7-seat SUV, which is certified for sale in Russian, is a special edition that offers a multi-terrain driving mode, smart security protection, intelligent 4WD system, independent suspension system and high-performance chassis shock absorber. The first batch of GS8 SUV has arrived in Russia and will bring greater mobility to local consumers.… Continue reading GAC MOTOR to Launch its Brand and GS8 SUV as Its First Model in Russia
@VW Group: Volkswagen is making faster progress towards sustainable and efficient production
Volkswagen Group is making faster progress towards sustainable and efficient production. At the same time, the company continues to make good progress towards reducing its production costs. Oliver Blume, Member of the Board of Management of the Volkswagen Group and Chairman of the Board of Porsche AG says: “We are producing more environmentally friendly than… Continue reading @VW Group: Volkswagen is making faster progress towards sustainable and efficient production