The bedroom community of Frisco, Texas might seem like an unusual place to find a self-driving vehicle. But here in this city of nearly 175,000 people, there are seven. And as of Monday, they’re available for the public to use within a specific sector of the city that has a concentration of retail, entertainment venues… Continue reading Drive.ai’s self-driving vehicle service is now live in Texas
Tag: Strategy
China’s Didi pumps $1B into its rebranded driver services business
Didi Chuxing is going pedal to the metal for its automobile services business after it announced it will invest $1 billion into the division, which is also getting a rebrand. The Chinese ride-hailing firm had been tipped to spin out the business and raise $1.5 billion from investors ahead of an IPO, according to a recent Reuters… Continue reading China’s Didi pumps $1B into its rebranded driver services business
Jörg Stratmann in an interview: “We need to be open to technology” – Mahle-Chef does not write down Verbrenner
Jörg Stratmann The new Mahle boss wants to bring the technology for electric cars on the road. (Photo: Verena Müller for Handelsblatt Verena Müller for Handelsblatt) StuttgartMahle boss Jörg Stratmann is unpretentious. When looking out of his office, he looks directly at the Stuttgart Wilhelma. But he cares less about the animals in the zoo… Continue reading Jörg Stratmann in an interview: “We need to be open to technology” – Mahle-Chef does not write down Verbrenner
UK Will Require EV Chargers At Newly Built Homes, Lampost Chargers Too
Electric car charging points will also be installed in newly built houses. Under the Road to Zero Strategy, which was announced today, the government will invest £400 million in charging infrastructure. This investment includes a £40 million scheme to develop low-cost wireless and on-street charging technology, as well as providing grants of up to £500… Continue reading UK Will Require EV Chargers At Newly Built Homes, Lampost Chargers Too
UPDATE 1-GM seeks to exclude China-made Buick SUV from tariff
(Reuters) – General Motors Co (GM.N) is seeking an exemption to a 25 percent U.S. tariff on its Chinese-made Buick Envision sport utility, the automaker said on Thursday, in a move to prevent the key model in the brand’s U.S. lineup from becoming a victim of the U.S.-China trade war. FILE PHOTO: General Motors Co.… Continue reading UPDATE 1-GM seeks to exclude China-made Buick SUV from tariff
Earnings boosted: “It’s hard to believe” – VW return on Toyota level
All articles and backgrounds 08/03/2018 Earnings boosted “It’s hard to believe” – VW returns close to Toyota DPA Volkswagen headquarters in Wolfsburg Toyota In terms of earning power, it ties in with earlier heydays. The Japanese group increased its operating profit in its first quarter by just under one-fifth to the equivalent of around 5.3… Continue reading Earnings boosted: “It’s hard to believe” – VW return on Toyota level
Nissan finally sells its battery cell manufacturing division
Nissan wants to ramp up its electrification effort, but it doesn’t want to make its own batteries anymore. It had a lot of difficulties getting rid of its battery manufacturing subsidiary, but they have now finally found a buyer. For over two years now, the Japanese automaker has been rumored to be looking for a… Continue reading Nissan finally sells its battery cell manufacturing division
Fiat-Chrysler shares jump nearly 4% as Magneti Marelli spinoff appears more likely
Fiat-Chrysler Automobiles has rebuffed buyers interested in its automotive parts unit Magneti Marelli and is holding fast to its plan to spin off the business, reported Bloomberg Thursday, citing sources.
UPDATE 1-Ferrari confirms guidance as new CEO takes the wheel
MILAN (Reuters) – Ferrari (RACE.MI) reported a 7 percent rise in second-quarter adjusted core earnings and confirmed its outlook for the year as a new boss takes charge at the Italian supercar maker following the death of Sergio Marchionne. FILE PHOTO: The Ferrari Insignia is seen at the back of a Ferrari Testarossa during a… Continue reading UPDATE 1-Ferrari confirms guidance as new CEO takes the wheel
MAHLE Powertrain reduces bottlenecks in the availability of WLTP-capable dyno stands for the auto industry
MAHLE Powertrain opens new test and certification center Simulation of the entire WLTP and RDE regimes enables testing in accordance with the new test procedure under controlled and reproducible conditions The commissioning of the RDEC marks a further step in the strategic expansion of MAHLE Powertrain’s capabilities in the development and certification of vehicles with… Continue reading MAHLE Powertrain reduces bottlenecks in the availability of WLTP-capable dyno stands for the auto industry