Volvo XC40 Starts Production, T5 Twin Engine PHEV And EV Coming In 2018 And 2019

The smallest utility vehicle Volvo ever made is now production reality. The XC40 started rolling off the assembly line in Ghent, Belgium today, and the first customer-bound crossovers are en route to Volvo dealers.

To date, Volvo received more than 13,000 orders for the newcomer of the XC family… (continue reading >>)

Dual-Motor Model 3 Production Imminent As Tesla Registers First VINs

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Dual-Motor Model 3 Production Imminent As Tesla Registers First VINs

23 Jan 2018, 13:09 UTC · by Mircea Panait
/ Home / News / Car Profile

Production of the Model 3 started with great pomp and circumstance in July 2017, and to this day, Tesla has yet to hit the production target it has set for the most affordable car it has ever offered. But 2018 will see Tesla hopefully get its act together.
5 photosA quick look at Tesla.com reveals all-wheel-drive Model 3s will start production in spring 2018, with international deliveries of left-hand drive vehicles to start in the second half of the year. Come 2019, the Fremont plant will welcome the right-hand drive Model 3 for markest such as the UK.
But first, let’s focus on the Dual-Motor Model 3. According to Model 3 VINs on Twitter, the Palo Alto-based electric vehicle automaker registered 19 examples of the dual-motor variant, ranging from vehicle identification numbers 8370 to 8388. A look-up on NHTSA.gov confirms the info.
Given these circumstances, Tesla is certain to have addressed some of the bottlenecks that hampered the Model 3 in the past. And as it’s the case with the S and X, the 3 with Dual-Motor integrates a permanent-magnet motor in the front axle that should mirror the output of the rear drive unit.
It remains to be seen if it’s the same design as the electric motor in the rear-wheel-drive Model 3, which develops 258 horsepower according to the EPA filing when matched with the extended-range battery. The Model 3 Performance, on the other hand, is certain to up the ante even further. The difference is likely to be made by the output of the rear electric motor.
Whatever kind of surprise the automaker has in mind for the Model 3 Dual-Motor and Model 3 Performance, you can bet your sweet bippy 2018 will be a better year for Tesla's new contender in the EV arena. Production was upped in December 2017 to more than 1,000 Model 3s per week. By the end of the first quarter of 2018, the production target is 2,500 units per week.
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Continued growth in asset finance

6 October 2017
New figures released today by the Finance & Leasing Association (FLA) show that asset finance new business (primarily leasing and hire purchase) grew by 3% in August, compared with the same month last year.
The plant and machinery finance sector reported new business up in August by 4% compared with the same month in 2016, while new finance for business equipment was up by 8% over the same period.
Commenting on the figures, Geraldine Kilkelly, Head of Research and Chief Economist at the FLA, said:
“The asset finance industry has reported solid new business growth so far in 2017. Growth in asset finance provided to manufacturers has been particularly robust, with new business for production and processing plant up by more than 40% in the first eight months of 2017.”
Aug 2017
% change on prev. year
3 months to Aug
2017
% change on prev. year
12 months to Aug
2017
% change on prev. year
Total FLA asset finance (£m)
2,204
+3
7,957
+6
31,803
+6
Total excluding high value (£m)
2,163
+4
7,726
+10
30,643
+7
Data Extracts:
By asset:
Plant and machinery finance (£m)
502
+4
1,773
+21
6,546
+14
Commercial vehicle finance (£m)
513
-7
1,771
+1
7,479
+2
IT equipment finance (£m)
171
-3
595
+3
2,224
-2
Business equipment finance (£m)
187
+8
694
+10
2,567
+14
Car finance (£m)
613
+10
2,452
+9
9,842
+7
Aircraft, ships and rolling stock finance (£m)
7
-76
27
-82
611
+12
By channel:
Direct finance (£m)
1,108
+2
4,041
+9
15,571
+6
Broker-introduced finance (£m)
453
+7
1,385
+7
5,744
+16
Sales finance (£m)
602
+7
2,300
+12
9,327
+6
By product:
Finance leasing (£m)
272
0
989
+5
4,018
-2
Operating leasing (£m)
470
+4
1,687
+9
7,107
+8
Lease/Hire purchase (£m)
1,194
+3
4,201
+7
16,618
+9
Other finance (£m)
268
+4
1,080
0
4,059
+3
Note to editors:
In 2016, FLA members provided £118 billion of new finance to UK businesses and households. £30 billion of finance was provided to businesses and the public sector. FLA members financed more than a third of UK investment in machinery, equipment and purchased software in the UK in 2016.For media enquiries, please contact the FLA press office on 020 7420 9656.

Panasonic Supports the Tokai University Solar Car Team in a World-Leading Solar Car Race, “2017 Bridgestone World Solar Challenge”

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Panasonic to Start Mass Production of Electronic Rear-view Mirrors, the First Product Jointly Developed with Ficosa

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BMW are less subsidized for plant in Leipzig to

Tuesday, 09/12/2017 12:51 clock BMW stand for the production of electric cars in Leipzig, according to a ruling of the EU court less subsidies than announced. Instead of a regional investment subsidy of 45 million euros, the state could only help with 17 million euros, judges ruled in Luxembourg. The court followed the view of… Continue reading BMW are less subsidized for plant in Leipzig
to

Chinese Bike Sharing Firm Ofo Partners With SoftBank C&S To Expand Into Japan

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Wed 06 Sep 2017 Detroit Electric outlines plans for new pure electric sports car, crossover and saloon UK-based electric vehicle startup, Detroit Elec…

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