Zhejiang Geely Holding Group will invest in German flying taxi company Volocopter, and set up a joint venture with the startup to launch air taxis in China, the company said on Monday.Since its foundation in 2011, Volocopter has built three generations of Volocopter aircraft, two of which received licenses for manned and unmanned flight with a total funding of 35 million euros.After the Series C funding round, Geely will become a minority investor in Volocopter, next to existing strategic investors like Daimler AG. More sourcesGeely to take stake in flying taxi JV (China Daily (Europe): Sep 10, 2019 at 12:00 AM)
Tag: Strategy
HONDA ANNOUNCE NEXT STEPS TOWARDS ELECTRIFICATION OF EUROPEAN BUSINESS
Honda make a series of announcements as the next phase of its “Electric Vision” strategy for Europe takes shape Honda e makes first appearance in final mass production form Next-generation Jazz confirmed to be 100% hybrid in Europe market Further information given on Honda’s developing energy management technologies First energy management services to be available… Continue reading HONDA ANNOUNCE NEXT STEPS TOWARDS ELECTRIFICATION OF EUROPEAN BUSINESS
BMW Group Thailand is plugging in for Thailand’s electric future with the local assembly of High-Voltage Batteries for BMW Plug-in Hybrid Vehicles
Chonburi. BMW Group Thailand is marking another historic milestone with the inauguration of a local high-voltage battery production plant in partnership with the DRÄXLMAIER Group, one of the world’s leading automotive suppliers and a partner of BMW Group since 1966. BMW Group Thailand launched the local assembly lines in July 2019 at the DRÄXLMAIER Group… Continue reading BMW Group Thailand is plugging in for Thailand’s electric future with the local assembly of High-Voltage Batteries for BMW Plug-in Hybrid Vehicles
Daimler CEO says meeting 2021 emissions targets will be significant challenge
FILE PHOTO: Ola Kaellenius, chairman of Daimler AG talks to Dr. Nicole Hoffmeister-Kraut, economics minister of state Baden-Wuerttemberg before CEOs of German carmakers meet to discuss the industry’s challenges and strategy in Berlin, Germany, July 4, 2019. REUTERS/Annegret Hilse/File Photo FRANKFURT (Reuters) – Cutting average emissions from the Mercedes-Benz passenger car fleet to meet the… Continue reading Daimler CEO says meeting 2021 emissions targets will be significant challenge
MITSUBISHI MOTORS PASSES MILESTONE OF FOUR MILLION VEHICLES EXPORTED FROM THAILAND
Aug 16, 2019 ID: 15884 Immediate Release Tokyo – Mitsubishi Motors Corporation (MMC) announced today that it had passed the milestone of exporting four million vehicles from Thailand, and held the ceremony at Laem Chabang, Chonburi Province. Mitsubishi Motors (Thailand) Co., Ltd. (MMTh), MMC’s subsidiary in Thailand, has three car production plants and an engine facility… Continue reading MITSUBISHI MOTORS PASSES MILESTONE OF FOUR MILLION VEHICLES EXPORTED FROM THAILAND
The BMW i Hydrogen NEXT at the IAA Cars 2019
Munich. As one of the pioneering figures in the field of electric mobility, the BMW Group is equipping itself for the myriad requirements of future mobility, as illustrated by the BMW i Hydrogen NEXT fuel cell development vehicle awaiting visitors at the IAA Cars 2019 show. The BMW Group is working on the assumption that,… Continue reading The BMW i Hydrogen NEXT at the IAA Cars 2019
BMW at the IAA Cars 2019 in Frankfurt.
Franfurt am Main. The BMW stand at the IAA Cars 2019 international motor show in Frankfurt am Main focuses on the theme of future driving pleasure. Alongside the latest new additions across a broad range of segments revealed by BMW as part of its ongoing product offensive, the premium carmaker is also exhibiting fascinating vehicle… Continue reading BMW at the IAA Cars 2019 in Frankfurt.
Speech Oliver Zipse, BMW Group Press Conference at the Frankfurt Motor Show 2019
Oliver Zipse, Chairman of the Board of Management of BMW AG: Ladies and Gentlemen, Good morning and a very warm welcome! Thank you for joining us, it’s a great pleasure to be here. Also a big “hello” to everyone watching on livestream. At the BMW Group, we are always looking ahead, thinking about the next… Continue reading Speech Oliver Zipse, BMW Group Press Conference at the Frankfurt Motor Show 2019
Next milestone: BMW Group aims to have one million electrified vehicles on the roads in 2021
Munich. The BMW Group is focusing on the next electromobility milestone: “By the end of 2021, we aim to have a total of one million electrified vehicles on the roads,” stated Oliver Zipse, Chairman of the Board of Management of BMW AG, at the International Motor Show (IAA) in Frankfurt on Tuesday. “We are already… Continue reading Next milestone: BMW Group aims to have one million electrified vehicles on the roads in 2021
The Tipping Point – Ford’s New Breed of Electrified Vehicles to Surpass Combined Diesel and Petrol Models by 2022
Ford reinforces commitment to cleaner electric future by showcasing at the Frankfurt Motor Show its strongest line-up of electrified vehicles, including new Puma Titanium X debut By the end of 2022, electrified vehicles will account for more than 50 per cent of all Ford car sales in Europe – surpassing combined sales of conventional petrol… Continue reading The Tipping Point – Ford’s New Breed of Electrified Vehicles to Surpass Combined Diesel and Petrol Models by 2022