(Reuters) – U.S. demand for electric vehicles, including hybrids, could rise to 1.28 million by 2026, a new study projected on Wednesday, but most brands will struggle to make money on the new models. FILE PHOTO: The 2020 Mercedes-Benz GLC EQC is revealed at the 2019 New York International Auto Show in New York City,… Continue reading Outside of Tesla, future EV sales in U.S. may be thin for most brands-study
Tag: Ford
Chinese Startup Neolix Mass Producing Driverless Delivery Vans – pymnts.com
Neolix, a Chinese startup, has begun mass producing small driverless delivery vans, with customers like JD.Com and Huawei already signed on as clients, according to a report by Bloomberg. The company’s vehicles look like tiny vans, and it expects the delivery of about a thousand of them inside of the first year. The company’s timing… Continue reading Chinese Startup Neolix Mass Producing Driverless Delivery Vans – pymnts.com
SF will allow additional dockless bike-share operators
Uber’s JUMP will soon no longer be the sole operator of stationless bike-share programs in San Francisco. Today, the San Francisco Municipal Transportation Agency announced the expansion of its stationless bike-share program to allow additional companies to operate in the city. JUMP received an exclusive, 18-month permit to operate a stationless electric bike-share service in… Continue reading SF will allow additional dockless bike-share operators
How Renault, Fiat Chrysler could save through sharing
(Reuters) – If French automaker Renault green-lights a proposed merger with Fiat Chrysler Automobiles, the companies almost immediately could begin saving money by consolidating components and basic structures on many of their most popular vehicles, an industry analyst said on Tuesday. FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is seen at the U.S. headquarters… Continue reading How Renault, Fiat Chrysler could save through sharing
Ford’s Kumar Galhotra: Job cuts had to be slow – Automotive News Canada
Galhotra pointed to his North America team as an example of how Ford Motor wants to “fundamentally change” how it operates. After Galhotra was promoted to his position last year, he took over the 11th floor of Ford’s headquarters, converting executive offices into “franchise rooms” for individual nameplates. The franchise rooms — there are 17,… Continue reading Ford’s Kumar Galhotra: Job cuts had to be slow – Automotive News Canada
DHL And StreetScooter To Deploy 100 Hydrogen Fuel Cell Vans
Deutsche Post DHL expanded the StreetScooter all-electric business, but now seeks hydrogen fuel cells too? Deutsche Post DHL announced that together with its subsidiary StreetScooter iw ill develop a hydrogen fuel cell version of the StreetScooter WORK XL van – the StreetScooter H2 Panel Van. The all-electric StreetScooter WORK XL is produced at Ford’s plant… Continue reading DHL And StreetScooter To Deploy 100 Hydrogen Fuel Cell Vans
Fiat Chrysler and Renault pursue $35 billion merger to combat car industry upheaval
MILAN/PARIS (Reuters) – Fiat Chrysler pitched a finely balanced merger of equals to Renault on Monday to tackle the costs of far-reaching technological and regulatory changes by creating the world’s third-biggest automaker. If it goes ahead, the $35 billion-plus tie-up would alter the landscape for rivals including General Motors and Peugeot maker PSA Group, which… Continue reading Fiat Chrysler and Renault pursue $35 billion merger to combat car industry upheaval
Factbox: Auto industry consolidation – mega-mergers and alliances
FRANKFURT (Reuters) – Italian-American carmaker Fiat Chrysler on Monday proposed a merger of equals with France’s Renault in a deal that could create the world’s third-biggest carmaker and trigger a fresh round of industry consolidation. FILE PHOTO: The logo of French car manufacturer Renault is seen at a dealership of the company in Illkirch-Graffenstaden near… Continue reading Factbox: Auto industry consolidation – mega-mergers and alliances
Fiat Chrysler proposes 50-50 merger with Renault
Fiat Chrysler Automobiles has proposed merging its business with Renault that, if accepted, would create the third largest global automaker with 8.7 million in annual vehicle sales. FCA delivered Monday a non-binding letter to Renault’s board that proposes combining the business as a 50-50 merger. FCA’s proposal illustrates the growing desire among automakers to consolidate,… Continue reading Fiat Chrysler proposes 50-50 merger with Renault
IONITY Installed First 100 Ultra-Fast Charging Stations
With 100 sites, IONITY realized 25% of its plan for 2020. The Tesla Supercharging network consists of 450+ sites The IONITY charging network recently achieved a milestone of installing its first 100 ultra-fast charging stations in Europe. As of May 25, 2019 there were 101 installed and available and another 50 under construction with a total… Continue reading IONITY Installed First 100 Ultra-Fast Charging Stations