Honda is working on affordable all-electric Fit-based car with biggest battery maker for global release

Honda is currently seen as lagging behind when it comes to electrification at this moment with very little electric vehicle efforts. But the Japanese automaker is now reportedly working on an important new global electric vehicle program in partnership with CATL, China’s biggest battery maker. Home Solar Power Contemporary Amperex Technology (CATL) has been signing a… Continue reading Honda is working on affordable all-electric Fit-based car with biggest battery maker for global release

Car manufacturers penalized by rising steel prices

Peter laughing, John crying. If the spectacular rise in steel prices over the last two years (nearly 70%) is pleasing to the giants of the steel industry, it is not doing the car manufacturers’ business. Last year, the rise in material costs (and other external costs) weighed 358 million euros on the results of the… Continue reading Car manufacturers penalized by rising steel prices

Diesel Fears Become Reality With First Driving Ban in Germany

LISTEN TO ARTICLE SHARE THIS ARTICLE Hamburg, Germany’s second-largest city, will restrict older diesel vehicles from selected urban areas starting next week, marking the first driving ban in the country for the embattled technology. Beginning May 31, the port city of 1.8 million people will prevent cars and trucks that don’t meet at least Euro-6… Continue reading Diesel Fears Become Reality With First Driving Ban in Germany

Dana Inaugurates New Facility to Support Automakers with Thermal-Management and New-Energy Solutions in Yancheng, China

YANCHENG, China, May 23, 2018 /PRNewswire/ — Dana Incorporated (NYSE: DAN) today inaugurated a facility in Yancheng, China, that will manufacture thermal-management products for conventional and new-energy vehicles. Dana repurposed an 8,000 square-meter (86,000 square-foot) plant with an investment of CNY105 million (US$16.7 million), making it the company’s 16th facility in China and the second in… Continue reading Dana Inaugurates New Facility to Support Automakers with Thermal-Management and New-Energy Solutions in Yancheng, China

Israel’s defense expertise drives tech boom for autonomous cars

SHFAYIM, Israel (Reuters) – Technology that has helped Israel’s military drive tanks, guide and intercept missiles, and keep its computer systems secure is being redeployed in the development of driverless cars. FILE PHOTO: The logo Israeli driverless technology firm Mobileye is seen on the building of their offices in Jerusalem March 13, 2017. REUTERS/Ronen Zvulun/File… Continue reading Israel’s defense expertise drives tech boom for autonomous cars

Luc Chatel: “The auto industry will play its survival in the coming years”

Remember that ten years ago, the French automobile almost died. The industry has recovered thanks to considerable efforts to adapt to globalization, to improve competitiveness, innovation and employee skills. Today, we have two major manufacturers and four global equipment manufacturers. But the sector will play its survival in the coming years on its ability to… Continue reading Luc Chatel: “The auto industry will play its survival in the coming years”

Electric car: the state promises 100,000 terminals in 2022

The whole family. The faces of the French automotive industry were all there, Tuesday afternoon in Bercy, for the signing of the new strategic contract of the automotive industry, ratified by no less than three ministers – Bruno Mayor, Elisabeth Borne and Nicolas Hulot. Rarely, even Carlos Ghosn and Carlos Tavares, the bosses of PSA… Continue reading Electric car: the state promises 100,000 terminals in 2022

New Renault-Nissan-Mitsubishi VC fund invests first $50m in car tech startups

May 22, 2018 The Renault-Nissan-Mitsubishi alliance’s new venture capital fund has agreed five investments in four months totaling $50 million and will present another to its supervisory board next week, the fund’s head said. The alliance said in January it was setting up the fund with plans to invest as much as $1 billion over… Continue reading New Renault-Nissan-Mitsubishi VC fund invests first $50m in car tech startups

China slashes auto import tariffs in boost to BMW, Tesla

SHANGHAI/BEIJING (Reuters) – China will steeply cut import tariffs for automobiles and car parts, opening up greater access to the world’s largest auto market amid an easing of trade tensions with the United States. FILE PHOTO: Visitors pass by a booth with long wheelbase BMW X1 xDrive25Li displayed during the Auto China 2016 auto show… Continue reading China slashes auto import tariffs in boost to BMW, Tesla