Year of new departures: Audi informs its shareholders about the company’s transformation

New production launches every three weeks, new segments and drive technologies, new organizational structures: Audi has started an extremely eventful and ambitious year. At this Wednesday’s 129th Annual General Meeting in Ingolstadt, the Board of Management informs the shareholders about the current course of business, the model and technology initiative, and the objectives of the… Continue reading Year of new departures: Audi informs its shareholders about the company’s transformation

New ultra-capacitor tech could drastically boost battery EV range

A fast-acting carbon ‘ultra-capacitor’ that could take 30% off the weight of a lithium ion EV battery pack is under development in France. The ultra-capacitor, which is built using carbon and graphene nano-technology, is claimed to store and discharge electrical energy much more quickly than a lithium ion cell. “Our advantage is the speed of charge… Continue reading New ultra-capacitor tech could drastically boost battery EV range

Jaguar Land Rover retail sales up 11.9% to 45,180 units in April

Retail sales for April were up significantly year-on-year in China (28.9 per cent), the UK (25.9 per cent), overseas markets (21.3 per cent) and North America (2.5 per cent) but down in Europe (-10.2 per cent), with continuing uncertainty over diesel in the UK and Europe. Whitley, UK: Jaguar Land Rover on Wednesday reported total… Continue reading Jaguar Land Rover retail sales up 11.9% to 45,180 units in April

Press Releases – Truck CO2 standards must not follow same approach as cars, industry cautions

Brussels, 9 May 2018 – One week before the European Commission publishes its proposal for the first-ever CO2 emission standards for heavy-duty vehicles, the European Automobile Manufacturers’ Association (ACEA) urges policy makers to take into account the specific complexities of the truck market when setting the targets. “Unlike passenger cars, trucks are not consumer goods.… Continue reading Press Releases – Truck CO2 standards must not follow same approach as cars, industry cautions

Uber Autonomous Vehicle in Deadly Arizona accident allegedly ignored passer-by

This new information may increase the responsibility ofUber in the fatal accident involving one of his autonomous vehicles. On March 18, as part of a test on US highways, a Volvo Modified XC90 spilled a woman in the city of Tempe, Arizona. A video published by the local police shows the victim crossing the road… Continue reading Uber Autonomous Vehicle in Deadly Arizona accident allegedly ignored passer-by

Hyundai Mobis to make inroads into automotive digital instrument cluster market

SEOUL, May 9 (Yonhap) — Hyundai Mobis Co., South Korea’s biggest auto parts maker by sales, said Wednesday it aims to make inroads into the global automotive digital instrument cluster market to generate future growth. Hyundai Mobis, the auto component affiliate of Hyundai Motor Group, said it began production of 7-inch digital instrument clusters for… Continue reading Hyundai Mobis to make inroads into automotive digital instrument cluster market

A Look at Uber’s Flying Car Dream

Karem Aircraft Inc., founded by the inventor of the predator drone, said Tuesday that it’s developing a flying vehicle for Uber Technologies Inc.’s envisioned network of electric air taxis. That makes Karem the fifth company working on the project, with its new aircraft called the Butterfly. While Uber isn’t building its own flying cars, the company… Continue reading A Look at Uber’s Flying Car Dream

Tesla Gets a Vote of Confidence as Supplier Orders Accelerate

The Tesla Model 3 debate received further fodder on Tuesday after JL Warren Capital LLC said it has noticed “encouraging signs” of a potential pickup in the pace of production. Suppliers for the electric vehicle maker’s more affordable sedan have started seeing increased orders, the research firm said in a note to clients. SAS Automotive,… Continue reading Tesla Gets a Vote of Confidence as Supplier Orders Accelerate

Audi Targets $1.2 Billion Profit Boost From Car-Data Services

Audi is gearing up to boost profit outside its traditional business of producing and selling upscale cars in a push against Silicon Valley’s software giants that are keen to mine potentially lucrative vehicle data. The world’s third-largest luxury-car brand expects to generate operating profit of 1 billion euros ($1.2 billion) in 2025, the Volkswagen AG… Continue reading Audi Targets $1.2 Billion Profit Boost From Car-Data Services