Dyson is seeking an extra 300 engineers in a push to build its first electric car by 2020. Best known for its vacuum cleaners and hand dryers, the firm caused a stir when it announced plans for a battery powered vehicle. Dyson already has a 400-strong team working on the project and has doubled the… Continue reading Dyson creates 300 new electric car jobs
Tag: People
NIO Issued First Shanghai Intelligent Connected Vehicle Test Permit
Shanghai, China – March 1 – NIO has obtained the permit required for testing autonomous vehicles on public roads in Shanghai. The permit was issued by the Shanghai Municipal Government, becoming the first company to receive such a permit in China. During the event, Huang Ou, Vice Chairman of Shanghai Municipal Commission of Economy and… Continue reading NIO Issued First Shanghai Intelligent Connected Vehicle Test Permit
1 Mar 2018 Driveline GKN’s next-generation electric vehicle driveline now in prototype test phase
Integrated ‘eTwinsterX’ system on test in prototype vehicle at GKN Wintertest New eDrive system is an ‘all in one’ unit with torque vectoring capability and two-speed e-transmission Latest technology incorporates learnings from GKN’s family of pioneering Twinster systems Petrol-powered AWD SUV reengineered as a plug-in hybrid with pure electric drive mode Redditch, UK – 01… Continue reading 1 Mar 2018
Driveline
GKN’s next-generation electric vehicle driveline now in prototype test phase
FAURECIA COMPLETES PURCHASE OF HUG ENGINEERING
Faurecia today announced that it had completed the acquisition of 100% of the Swiss company Hug Engineering, a market leader in complete exhaust gas purification systems for high horsepower engines (above 750hp). These engines are used in applications including marine propulsion, power generation, rail, agricultural and other industries. This acquisition represents a major step forward… Continue reading FAURECIA COMPLETES PURCHASE OF HUG ENGINEERING
Withdrawal from joint venture: MAHLE plans to sell HBPO shares to Plastic Omnium
HBPO is specialized in the assembly, logistics, development, and design of front-end modules, consisting of bumpers, lighting systems, and cooling components. Assembly of front-end modules is not integral to MAHLE’s core business. MAHLE focuses on the development and production of cooling modules. The cooling modules installed in the front-end module are usually commissioned by the… Continue reading Withdrawal from joint venture: MAHLE plans to sell HBPO shares to Plastic Omnium
How Geely’s Li Shufu spent months stealthily building a $9 billion stake in Daimler
SHANGHAI/BEIJING (Reuters) – When Daimler announced that Li Shufu had acquired almost 10 percent of the automaker last Friday, it caught financial markets – and German regulators – by surprise. Although the move seemed sudden, the head of the Chinese carmaker Geely had, according to multiple sources and documents reviewed by Reuters, spent months stealthily… Continue reading How Geely’s Li Shufu spent months stealthily building a $9 billion stake in Daimler
Porsche Reports February 2018 Sales
ATLANTA, March 1, 2018 /PRNewswire/ — Porsche Cars North America, Inc. (PCNA), importer and distributor of the Porsche 911, 718 Boxster and Cayman, Panamera, Cayenne, and Macan, today announced February 2018 retail sales of 4,382 vehicles, up 20.5 percent from February 2017. Year-to-date, Porsche recorded sales of 9,198, an 11.6 percent increase over the same period… Continue reading Porsche Reports February 2018 Sales
Subaru of America, Inc. Announces February Sales
CHERRY HILL, N.J., March 1, 2018 /PRNewswire/ — Best February ever – monthly sales increase 3.8 percent over February 2017 75 consecutive months of yearly month-over-month growth Best February ever for Crosstrek and Outback 48 consecutive months of more than 10,000 Outbacks sold 55 consecutive months of more than 10,000 Foresters sold Subaru of America,… Continue reading Subaru of America, Inc. Announces February Sales
Toyota Motor North America Reports February 2018 Sales
PLANO, Texas, March 1, 2018 /PRNewswire/ — Toyota Motor North America (TMNA) today reported February 2018 sales of 182,195 vehicles, an increase of 4.5 percent from February 2017 on a volume basis. With the same amount of selling days in February 2018 compared to February 2017, sales were up 4.5 percent on a daily selling rate… Continue reading Toyota Motor North America Reports February 2018 Sales
Harley-Davidson and Alta Motors to co-develop electric motorcycles
Motorcycle giant Harley-Davidson is now a stakeholder in Alta Motors, the electric motorcycle and light vehicle EV drivetrain maker based in Brisbane, California. Harley-Davidson and Alta made the investment public today, and also announced that Alta Motors will collaborate with the legendary motorbike maker on building future electric motorcycles as part of the deal. This… Continue reading Harley-Davidson and Alta Motors to co-develop electric motorcycles