The appointment of the boss of Nissan, major parameter of the future of Renault

Posted on Oct 7, 2019 at 6:30 am Pile or face? Which side will the room fall on? At Renault, many hold their breath, as the fate of the Franco-Japanese alliance will depend on the profile of Nissan’s new boss . “It’s a heavy choice, which will give a clear signal for the future,” insists… Continue reading The appointment of the boss of Nissan, major parameter of the future of Renault

Jaguar Land Rover opens giant Advanced Production Creation Centre

Jaguar Land Rover (JLR) has unveiled a new Advanced Product Creation Centre at its Gaydon HQ, on an expanded site now equal in area to 480 football pitches. Widely known as the Gaydon Triangle because of its unusual layout, the £500 million centre will be a base for almost 13,000 engineers and becomes by far the… Continue reading Jaguar Land Rover opens giant Advanced Production Creation Centre

U.S., Japan sign limited trade deal, leaving autos for future talks

NEW YORK (Reuters) – U.S. President Donald Trump and Japanese Prime Minister Shinzo Abe signed a limited trade deal on Wednesday that cuts tariffs on U.S. farm goods, Japanese machine tools and other products while further staving off the threat of higher U.S. car duties. Trump said the deal would open up Japanese markets to… Continue reading U.S., Japan sign limited trade deal, leaving autos for future talks

Nio raising more cash amid cost-cutting campaign

BEIJING (Reuters) – Nio Inc, one of China’s high-profile electric car startups, disclosed a fresh money-raising push this week, saying it had issued $200 million worth of bonds and was accelerating cost-cutting programs to slow cash burn as the company seeks to attract more investors in a slumping market. FILE PHOTO: Chinese electric vehicle start-up… Continue reading Nio raising more cash amid cost-cutting campaign

TuSimple adds another $120 million to its self-driving trucks war chest

Self-driving truck startup TuSimple has added another $120 million to a Series D funding round led by Sina, operator of China’s biggest microblogging site Weibo, bringing the total haul to $215 million as it seeks to expand. The company, which launched in 2015 and has operations in China, San Diego and Tucson, Arizona, hit unicorn… Continue reading TuSimple adds another $120 million to its self-driving trucks war chest

Carmakers near CO2 cliff-edge in electrification race

PARIS/FRANKFURT (Reuters) – Time is running out for European carmakers, which have waited until the last minute to try to meet ambitious EU emissions targets and face billions in fines if they fail to comply. FILE PHOTO: A model of an electric Mini car is pictured at the booth of Siemens at the Hanover trade… Continue reading Carmakers near CO2 cliff-edge in electrification race

Renault boss Bolloré: “Electric car for 10,000 euros, there will be in five years”

REUTERS Renault boss Thierry Bolloré: “The prices for electric cars have to fall dramatically, that is a necessity” So far you have to spend at least around 20,000 euros for one electric car output. But RenaultCEO Thierry Bolloré expects that the Stromer will be available in the future for 10,000 euros. “We’re working on that,… Continue reading Renault boss Bolloré: “Electric car for 10,000 euros, there will be in five years”

Daimler Trucks begins testing automated trucks on public roads

The deployment on public roads takes place after months of extensive testing and safety validation on a closed loop track. As part of the comprehensive safety process by Daimler Trucks and Torc Robotics, both test track and on-road validation play an integral role in establishing the essential building blocks for successfully advancing automated technology. Martin… Continue reading Daimler Trucks begins testing automated trucks on public roads

Byton Set To Unveil Production M-Byte At Frankfurt

It’s show time For Byton Next week at the Frankfurt Motor Show (IAA), Byton will formally introduce the production version of its all-electric SUV, the M-Byte. Byton News I’ve been keeping a close eye on Byton since they made their world debut at CES 2018. I was there at the time to talk with their… Continue reading Byton Set To Unveil Production M-Byte At Frankfurt