Autobinck acquires ROI Fleet&Mobility

Utrecht-based automotive group Autobinck has acquired ROI Fleet&Mobility, a Dutch fleet management company with about 10,000 vehicles in portfolio.  “This acquisition fits with our strategy to further develop the range of mobility services that we provide”, said Paul Zekhuis, CEO of Autobinck. The activities of ROI Fleet&Mobility will be bundled with those of Fleet Support,… Continue reading Autobinck acquires ROI Fleet&Mobility

Lots of voltage, little power

Officially, the German automakers have settled their dispute over the mobility of the future. But that is only temporary. For which technology and which company will win, is unclear. Uli deck / DPA VW boss Herbert Diess in an electrical ID. buggy Saturday, 23.03.2019 15:55 clock Everything was just a misunderstanding. After days of public… Continue reading Lots of voltage, little power

Electromobility under extreme conditions: The BMW iX3, the BMW i4 and the BMW iNEXT undergo cold testing in the Arctic Circle.

Munich. BMW i is preparing to launch the next generation of solely electrically powered models. Three of the brand’s electric models are currently going through a key phase of their series development process at the BMW Group’s winter test centre in Arjeplog, Sweden. Together with the BMW iX3 already due to go on sale next… Continue reading Electromobility under extreme conditions: The BMW iX3, the BMW i4 and the BMW iNEXT undergo cold testing in the Arctic Circle.

Chinese EV startup XPeng is at the center of major trade secret disputes with Apple and Tesla

Last summer, a former Apple employee was charged by the FBI for allegedly stealing trade secrets related to the company’s secretive self-driving car project. This week, Tesla sued a former employee for allegedly stealing trade secrets related to Autopilot. While they happened many months apart, both sets of allegations have something in common: the employees… Continue reading Chinese EV startup XPeng is at the center of major trade secret disputes with Apple and Tesla

SK Innovation Plans 100 GWh Of Battery Production Capacity

1 H BY MARK KANE Break even expected in 2021 SK Innovation has bold investment plans in new lithium-ion cell production capacity around the world. The output is set to increase from 5 GWh annually today, to 20 GWh annually by the end of 2019, to 40 GWh annually in 2020 and 100 GWh annually… Continue reading SK Innovation Plans 100 GWh Of Battery Production Capacity

Velodyne’s Godfather Of Laser Sensors Hits $500 Million Milestone, Sets His Sights On Safer Self-Driving Cars – Forbes

Velodyne CEO and founder Dave Hall is finding new automotive applications for the laser lidar technology he developed more than a decade ago. Velodyne Spinning laser lidar sensors, invented by Velodyne’s David Hall more than a decade ago, helped kick off a race to create self-driving cars. As his company marks a sales milestone for… Continue reading Velodyne’s Godfather Of Laser Sensors Hits $500 Million Milestone, Sets His Sights On Safer Self-Driving Cars – Forbes

GM makes $300 million investment to produce new Chevrolet EV based on Bolt EV

General Motors has announced a $300 million investment to produce a new Chevrolet electric vehicle that will be based off an “advanced version” of the Bolt EV architecture. The money will go to GM’s Orion Township, Mich. plant, where the Bolt EV is currently made. GM said the investment will bring 400 new jobs to the… Continue reading GM makes $300 million investment to produce new Chevrolet EV based on Bolt EV

first ever CKD assembly plant for Proton vehicles in Pakistan

Islamabad, Pakistan, 22 March 2019 – A project for the first ever CKD assembly plant for Proton vehicles in Pakistan officially began today when the Prime Minister of Malaysia, Yang Amat Berhormat Tun Dr Mahathir Mohamad and the Prime Minister of Pakistan, His Excellency Mr Imran Khan, signed a ceremonial marble plaque at an event held in Islamabad, Pakistan.

The plant, to be built at a Greenfield site in Karachi, will be owned and operated by ALHAJ Automotive, the official distributor for Proton vehicles in Pakistan and is expected to commence operations before the end of 2020.

PROTON aims to grow overseas sales to meet long term objectives

In 2017, PROTON unveiled the seven stars strategy, a roadmap to achieve their long term goals including targeting to sell 400,000 units by 2027. A major future growth area for the Company is export sales and the establishment of CKD assembly plants in overseas markets is one of the steps taken to grow those numbers.

To establish PROTON in P..

Decisions taken by Valmet Oyj’s Annual General Meeting and Board of Directors

Decisions taken by Valmet Oyj’s Annual General Meeting and Board of Directors Valmet Oyj’s stock exchange release on March 21, 2019 at 4:30 p.m. EET The Annual General Meeting of Valmet Oyj was held in Helsinki today on March 21, 2019. The Annual General Meeting adopted the Financial Statements for 2018 and discharged the members… Continue reading Decisions taken by Valmet Oyj’s Annual General Meeting and Board of Directors

Next-gen Porsche Cayenne could be fully electric

The next-generation Porsche Cayenne, due around 2025, could be fully electric – but only if battery technology has advanced significantly. Porsche has already committed to launching the fully electric Taycan saloon later this year, and will follow it with launches of the Taycan Cross Turismo estate and the next-generation Porsche Macan, which will launch in… Continue reading Next-gen Porsche Cayenne could be fully electric