China Digest: Tsign, HUAZHI, 4K Garden, Weacar, Fit-Start raise funds

January 12, 2018 China’s venture capital and private equity firms continue to invest in the country’s startup community. Here are some of the firms that received fresh funding from Chinese investors, based on a China Money Network Report. Tsign secures $23m in series B+ Hangzhou-based electronic signature service provider Tsign has secured $23 million in… Continue reading China Digest: Tsign, HUAZHI, 4K Garden, Weacar, Fit-Start raise funds

FCA moves Ram production to Mich., gives $2K bonuses

2017 Ram Power Wagon(Photo: FCA) Fiat Chrysler Automobiles NV will invest $1 billion at its Warren Truck Assembly plant to bring production of its Ram Heavy Duty truck to the U.S. from Mexico. The company said Thursday the move will add 2,500 jobs in Metro Detroit by 2020, when the plant retooling is completed. The… Continue reading FCA moves Ram production to Mich., gives $2K bonuses

FCA Announces Plan to Invest More Than $1 Billion in Michigan Plant, Add 2,500 New Jobs

January 11, 2018 , Auburn Hills, Mich. – FCA announced today two actions made possible in part by the passage of U.S. tax reform legislation late last year — an additional investment in its U.S. manufacturing operations and a special payment to recognize employees for their continued efforts toward the success of the Company. First, the Company confirmed that… Continue reading FCA Announces Plan to Invest More Than $1 Billion in Michigan Plant, Add 2,500 New Jobs

Australia’s first hypercar? The Quantum GP700 was built in a shed

Great Britain is pretty marvellous at building tiny, lightweight pocket rockets on a slim budget and in difficult circumstances – just think of the Ariel Atom, the Noble M600, or Morgan. Now, Australia’s getting in on the action with this – the Quantum GP700. The brainchild of Melbourne-based Jeff David, the Quantum has some serious… Continue reading Australia’s first hypercar? The Quantum GP700 was built in a shed

Electric Supercar Platform in Development at Porsche

Last year, Lamborghini showed off the Terzo Millennio concept, its vision of what an electric supercar could be. Until battery technology takes another huge leap forward, the Terzo Millennio will stay a concept, but that hasn’t stopped Volkswagen Group from beginning work on a platform. And it looks like Porsche has been chosen to lead the… Continue reading Electric Supercar Platform in Development at Porsche

Battery That Charges in One Minute Could Beat Tesla in the Race for Tomorrow’s Clean Car

In Brief A former chief designer for Aston Martin is working on a new solid-state battery design that could be vastly superior to the currently available lithium-ion batteries used in electric cars. Fast Charging Henrik Fisker, a former chief designer for Aston Martin, claims that he will soon revolutionize the world of electric cars with… Continue reading Battery That Charges in One Minute Could Beat Tesla in the Race for Tomorrow’s Clean Car

Byton Concept electric SUV: full specs, CES debut and launch date

The surprise car star at this year’s Consumer Electronics Show in Las Vegas came from a brand few had ever heard of before – Byton. This Chinese start-up, headed by former BMW man Carsten Breitfeld, showed its SUV concept, the production version of which will rival electric cars from established makers as well as relative… Continue reading Byton Concept electric SUV: full specs, CES debut and launch date

Nissan: Nissan, KEPCO and Sumitomo Electric launch VPP pilot program

YOKOHAMA/OSAKA, Japan – Nissan Motor Co., Ltd., Kansai Electric Power Co., Inc. (KEPCO) and Sumitomo Electric Industries, Ltd. today started testing tools to charge electric vehicles via remote control. Sixty electric and plug-in hybrid vehicles owned by customers and KEPCO will be outfitted with EV switches, which are control instruments for electric vehicle charging developed… Continue reading Nissan: Nissan, KEPCO and Sumitomo Electric launch VPP pilot program

I rode in the Mercedes concept car that shut down the Las Vegas Strip

Self-driving cars are a long way from the hands of customers, but the race to get there is fierce, and no company wants to look like it’s been left behind. The biggest automakers seem especially eager to remind us constantly that they’re just as focused on the future as Silicon Valley. That’s why Mercedes-Benz shut… Continue reading I rode in the Mercedes concept car that shut down the Las Vegas Strip

Audi opens reservations with deposits for its two new e-tron vehicles (quattro and sportback) in more markets

With the imminent launch of the production version of the new e-tron quattro later this year, Audi is opening up reservations with deposits for the vehicle to new markets and it is adding the new all-electric e-tron sportback to the mix. Home Solar Power The German automaker had already opened reservations in a few markets,… Continue reading Audi opens reservations with deposits for its two new e-tron vehicles (quattro and sportback) in more markets