The industry disruptor talked about his upcoming autonomous vehicles. DAVID MCNEW—AFP/Getty Images Fisker Inc., the electric car manufacturer and Tesla rival, has big plans in the works. The Drive spoke with CEO Henrik Fisker about his plans for solid-state batteries and his upcoming electric and autonomous vehicles. Fisker, the controversial innovator who designed the BMW… Continue reading Henrik Fisker Talks Batteries and Autonomous Transportation
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Ofo Borrows $280M From Alibaba As Financial Troubles Escalate At Bike Sharing Firm
In a sign of financial distress derived from shareholder disagreements, bike sharing company Ofo has mortgaged its own bicycles in order to receive two loans worth RMB1.77 billion (US$280 million) from Alibaba’s affiliates, according to data from the National Enterprise Credit Information Publicity System. By pledging more than four million bikes, ofo risks losing its most… Continue reading Ofo Borrows $280M From Alibaba As Financial Troubles Escalate At Bike Sharing Firm
Pininfarina HK GT: 792bhp coupe concept launched
Pininfarina has revealed its latest joint project with Hong Kong-based Hybrid Kinetic Group – a 792bhp 2+2 coupé with gullwing doors. Like the previous concepts, badged K550 and K750 for the two SUVs and H600 for the saloon, the HK GT has a micro-turbine generator acting as a range extender. The previous concepts’ ranges were quoted at around 621… Continue reading Pininfarina HK GT: 792bhp coupe concept launched
Audi and FAW will create two companies in China for the sale of vehicles, digital services and mobility
Posted 07/03/2018 12: 34: 13CET INGOLSTADT (GERMANY), 7 Mar. (EUROPA PRESS) – The automotive company Audi has signed on Wednesday an agreement with its Chinese partner FAW for the creation of two new companies for the sale of vehicles, as well as digital and mobility services, according to the German firm in a statement. “With… Continue reading Audi and FAW will create two companies in China for the sale of vehicles, digital services and mobility
Renault says Zity will be the first cost-effective car sharing service in Europe
Published 3/7/2018 12:33:43 PM GENEVA (SWITZERLAND), 7 Mar. (EUROPA PRESS) – The Zity shared mobility company, created through the collaboration between Renault and Ferrovial, can become very soon the first cost-effective car sharing service in Europe, according to Ivan Segal, CEO of Renault Iberia. Just three months after its launch, Segal has assured Europa Press… Continue reading Renault says Zity will be the first cost-effective car sharing service in Europe
Applied Research Associates Teams with MSU on Autonomous Vehicle R&D
The Michigan State University Foundation, an independent nonprofit that works to commercialize university inventions, has a new tenant in its 300,000-square-foot corporate research park in East Lansing. Applied Research Associates (ARA), a contract R&D firm based in Albuquerque, NM, has moved a team to Michigan in order to support MSU’s autonomous vehicle research and development… Continue reading Applied Research Associates Teams with MSU on Autonomous Vehicle R&D
Continental and CITC Establish Joint Venture for Production of 48-Volt Battery Systems
New joint venture expected to begin operations in mid-2018 and operate worldwide from China Continental to hold 60 percent of the shares, 40 percent with Chinese automotive supplier CITC, whose subsidiary CALB develops and produces battery cells CEO Dr. Degenhart: “In the fast-growing 48-volt mild hybrid market, Continental will soon be able to offer a… Continue reading Continental and CITC Establish Joint Venture for Production of 48-Volt Battery Systems
Fiat Chrysler CEO open to tie-up talks, just not yet
Tommaso Ebhardt, Bloomberg News Published 11:54 a.m. ET March 6, 2018 Sergio Marchionne, center, CEO of FCA attends the North American International Auto Show in this Tuesday, Jan. 16, 2018 file photo. Fiat Chrysler Automobiles NV, which held informal talks with Zhejiang Geely Holding Group Co. about a potential takeover by the Chinese manufacturer, would… Continue reading Fiat Chrysler CEO open to tie-up talks, just not yet
Aston Martin’s opulent autonomous car concept comes draped in cashmere and silk
Aston Martin, like many carmakers around the globe, has pledged to add electric technology to its cars in the near future. After getting off to a rocky start, thanks to a busted partnership with sinking Chinese tech conglomerate LeEco, the British automotive company seems ready to refocus its effort around something new by resurrecting its… Continue reading Aston Martin’s opulent autonomous car concept comes draped in cashmere and silk
Uber’s self-driving trucks haul cargo on Arizona highways
(Reuters) – Uber’s [UBER.UL] self-driving trucks have been hauling cargo on Arizona highways, the U.S. ride-hailing firm said on Tuesday, laying out plans for autonomous vehicles to work with truck drivers to move freight around the country. The Uber logo is seen on a screen in Singapore August 4, 2017. REUTERS/Thomas White Uber’s trucks are… Continue reading Uber’s self-driving trucks haul cargo on Arizona highways