February 9, 2018 Venture capital and private equity firms in China continue to invest in the country’s tech firms, with Farasis Energy and Codoon raising fresh funds recently, according to a China Money Network report. China Venture Capital backs Farasis Energy’s $790m Series C Farasis Energy (Ganzhou), a Chinese lithium-ion battery company headquartered in California,… Continue reading China Digest: Farasis Energy raises $790m, Codoon secures $20m
Tag: Manufacturing
A new ‘ultra fast’ electric car charging network in Europe receives backing from Renault-Nissan
Europe is starting to get more than its fair share of electric car fast-charging networks – making the rest of the EV world jealous and now we learn of again a new one as French automaker Renault announces its backing of the project. Home Solar Power The network, called E-VIA FLEX-E, was actually announced in December, but… Continue reading A new ‘ultra fast’ electric car charging network in Europe receives backing from Renault-Nissan
2018:THE WORLD IS MOVING IN RIVERSIMPLE’S DIRECTION
Air pollution concerns have really brought the need for clean cars to the fore. Now that combustion-engined vehicles have a ‘Sell By’ date of 2040, there is much greater focus on practical and viable alternatives and the question of scale is surfacing. What are the 34 million cars in the UK alone going to be… Continue reading 2018:THE WORLD IS MOVING IN RIVERSIMPLE’S DIRECTION
Elon Musk: Tesla wants to build 100,000 electric trucks a year
Tesla Semi (Photo: Tesla) Elon Musk has announced to investors that in four years 100,000 Tesla– Electric tractors could be sold per year. Tesla boss Elon Musk expects the production of up to 100,000 electric trucks per year, said Musk on one investor conference With. The Tesla Semi is scheduled to go into production in… Continue reading Elon Musk: Tesla wants to build 100,000 electric trucks a year
PROTON RECORDED A MARKET SHARE INCREASE OF 2.1% IN JANUARY 2018
PRESS PROTON RECORDED A MARKET SHARE INCREASE OF 2.1% IN JANUARY 2018 Posted on Feb 09, 2018 Subang Jaya, 9 February 2018 – PROTON registered sales of 4,783 units in January 2018 with forecasted market share of 10.9%, an increase from the 8.8% market share in the previous month, despite registering lower sales from 4,802… Continue reading PROTON RECORDED A MARKET SHARE INCREASE OF 2.1% IN JANUARY 2018
DENSO Taps Technical Expert Takuya Oikawa to Enhance Information and Communications Technology Business
KARIYA (Japan) ― DENSO Corporation, one of the world’s largest automotive suppliers, today announced it has agreed to a technical adviser contract with Takuya Oikawa, a leading global developer of software products. The global automotive industry continues to shift dramatically, with greater concentration on electrification, automated driving and connected driving. Competition from other diverse industries… Continue reading DENSO Taps Technical Expert Takuya Oikawa to Enhance Information and Communications Technology Business
February 6, Geely Automobile Group released January sales announcement: single-month sales break 150,000, reaching 15,5089 units, an increase of 51%, with a record high hit the 2018 market sentiment. It is worth mentioning that, Bo Yue, …
February 6, Geely Automobile Group released January sales announcement: single-month sales break 150,000, reaching 15,5089 units, an increase of 51%, with a record high hit the 2018 market sentiment. It is worth mentioning that, Bo Yue, the new Imperial Regal, Imperial GL, Imperial GS and other eight models have sold over 10,000 vehicles, including Bo… Continue reading February 6, Geely Automobile Group released January sales announcement: single-month sales break 150,000, reaching 15,5089 units, an increase of 51%, with a record high hit the 2018 market sentiment. It is worth mentioning that, Bo Yue, …
Ford’s Facelifted Van Aimed at Baby Boomers Reliving Glory Days
Ford Motor Co. is looking to revive an aging workhorse with a facelift, technology injection and appeal to baby boomers looking to relive their “magic bus” days. The automaker pioneered the compact commercial van market in the U.S. when it brought the Transit Connect over from Europe about nine years ago. Ford still controls nearly… Continue reading Ford’s Facelifted Van Aimed at Baby Boomers Reliving Glory Days
Deloitte anticipates the disastrous impact of Brexit on cars
The so-called “hard Brexit” scenario will have disastrous consequences for the British car industry, according to a study by Deloitte. The radical version of Brexit will take the UK back ten years, at the height of the financial crisis. This is the conclusion drawn by the Deloitte study, published on February 8, 2018. In its… Continue reading Deloitte anticipates the disastrous impact of Brexit on cars
Continental Eyes Entry Into Battery Production
3 hours ago by Mark Kane Continental Continental is entering the electric vehicle battery business, most likely through a consortium in order to better share the start-up cost of €3 billion ($3.5 billion USD) for the first plant to be set up in Europe. AllCharge Technology from Continental Makes EVs Fit for Any Type of Charging… Continue reading Continental Eyes Entry Into Battery Production