SAIC’s innovative vehicles shine at industry fair

SAIC Motor Corporation Limited exhibited eight vehicles at the 2017 China International Industry Fair held in Shanghai on Nov 7. The intelligence-and-green oriented vehicles typified the fair’s theme of “innovation, intelligence and green” and also demonstrated SAIC Motor’s capacity for independent innovation and determination to become a world-renowned automobile enterprise.  Using development trends in technology,… Continue reading  SAIC’s innovative vehicles shine at industry fair

 SAIC brings NEVs to energy-saving exhibition

SAIC Motor Corporation Limited brought seven vehicle models to the 5th China International Energy-saving and New Energy Vehicles Exhibition & Energy-saving and New Energy Vehicles Achievement Exhibition held in Beijing on Oct 18. The exhibited vehicle models were the pure electric internet SUV Roewe ERX5, the plug-in hybrid internet sedan Roewe ei6, the plug-in hybrid… Continue reading  SAIC brings NEVs to energy-saving exhibition

 SAIC Motor expands finance business with FOF founding

SAIC Motor Corporation Limited and Zhongyuan Asset Management Co Ltd announced on Sept 26 that they had co-established a company to conduct fund of funds (FOF) business. Approximately six billion yuan ($925 million) will be invested in the company with SAIC Capital Co Ltd appointed as FOF manager. The company was established to guide social… Continue reading  SAIC Motor expands finance business with FOF founding

Electric car Pioneer spartan Warehousing: Tesla lets German customers wait for spare parts for months

All articles and backgrounds 05/17/2018 Electric car pioneer spartan warehousing Tesla lets German customers wait for spare parts for months REUTERS New bumper, new fender? It can sometimes take months for the spare parts of a Tesla to reach German customers German TeslaCustomers often have to wait three to four weeks for simple spare parts… Continue reading Electric car Pioneer spartan Warehousing: Tesla lets German customers wait for spare parts for months

Press Releases – Truck industry reacts to EU proposal for first-ever CO2 standards

Brussels, 17 May 2018 – The European Automobile Manufacturers’ Association (ACEA), representing the seven major EU producers of heavy-duty vehicles, takes note of the European Commission’s proposal for CO2 emission standards for EU trucks, published today. This is one important part of a broader strategy to further decarbonise road transport – an objective to which… Continue reading Press Releases – Truck industry reacts to EU proposal for first-ever CO2 standards

Shock study for BMW, Daimler and Co .: Chinese carmakers catching up on innovations

All articles and backgrounds 05/17/2018 Shock study for BMW, Daimler and Co. Chinese carmakers are catching up fast on innovations Tom Grünweg Small car from BAIC Autoworkers in the West have long been ridiculing the competition in China – but it is becoming apparent that manufacturers from the People’s Republic could become real challengers. Because… Continue reading Shock study for BMW, Daimler and Co .: Chinese carmakers catching up on innovations

Uniti One: Cheap electric car from Sweden is ready

On electric car for 15,000 euros? That works, as the Swedish company Uniti shows in a video. This partly per crowdfunding Financed vehicle is ready and driving. The market launch is planned for the coming year. May 17, 2018, 11:55 am, Werner Pluta Electric car Uniti One: no car to the lawn (Image: Uniti Sweden… Continue reading Uniti One: Cheap electric car from Sweden is ready

Exclusive: Intel’s Mobileye gets self-driving tech deal for 8 million cars

JERUSALEM (Reuters) – Mobileye, Intel Corp’s Israel-based autonomous driving unit, has signed a contract to supply eight million cars at a European automaker with its self-driving technologies, a company official told Reuters. A general view of a Mobileye autonomous driving test vehicle, at the Mobileye headquarters in Jerusalem, May 15, 2018. Picture taken May 15,… Continue reading Exclusive: Intel’s Mobileye gets self-driving tech deal for 8 million cars

Roadstar.ai Raises $128M in Round-A and Announces 1st Generation Product “Aries”

SHENZHEN, China, May 16, 2018 /PRNewswire/ — World leading level-4 autonomous technology pioneer Roadstar.ai announced US$128 million in Series-A funding on May 15th, which was led by Wu Capital and Shenzhen Capital Group, joined by Yunqi Partners, CMB International Capital, and Vision Plus Capital. Together with the announcement, Roadstar.ai also released its first self-driving tech kit “Aries”, which is… Continue reading Roadstar.ai Raises $128M in Round-A and Announces 1st Generation Product “Aries”

UPDATE 2-Ford resuming production of lucrative F-150 trucks on Friday

DETROIT (Reuters) – Ford Motor Co (F.N) said on Wednesday that production of its popular and highly profitable F-150 pickup trucks would resume on Friday at its Dearborn, Michigan, plant, which had been closed for more than a week because of parts shortages caused by a fire at a key supplier. FILE PHOTO: All-new Ford… Continue reading UPDATE 2-Ford resuming production of lucrative F-150 trucks on Friday