(Reuters) – Canadian auto parts supplier Magna International Inc will partner with Michigan startup May Mobility on self-driving shuttles, the companies said on Wednesday. Magna will outfit low-speed electric shuttles equipped with May Mobility self-driving software. The shuttles will be deployed initially this summer in a commercial ride-sharing service in downtown Detroit. Investors in May… Continue reading Magna to partner with May Mobility on low-speed self-driving shuttle
Tag: BMW
Magna and May Mobility Partner to Build, Deploy and Scale Self-Driving Shuttles
ANN ARBOR, Mich., June 13, 2018 (GLOBE NEWSWIRE) — Getting around in crowded city streets of America is about to get a little easier. May Mobility, an Ann Arbor, Michigan startup building self-driving shuttles, has partnered with Magna (NYSE:MGA), a mobility technology company and one of the world’s largest automotive suppliers, to retrofit and scale… Continue reading Magna and May Mobility Partner to Build, Deploy and Scale Self-Driving Shuttles
China start-up readies capacity for 150,000 electric cars per year
FRANKFURT: Future Mobility Corporation (FMC), the Chinese parent company behind electric car start-up Byton, has placed an order for a paint shop capable of handling 150,000 cars per year, German supplier Duerr said on Wednesday. China’s Byton, a newcomer headed by the former head of BMW‘s i8 programme, has already released plans for a premium… Continue reading China start-up readies capacity for 150,000 electric cars per year
Cobalt Hunt Takes Aussie Explorer to Forest on BMW’s Doorstep
LISTEN TO ARTICLE SHARE THIS ARTICLE The search for cobalt, a key component of the battery-powered auto fleets of the future, has arrived on BMW AG’s doorstep with a discovery of an ore deposit not far from the plant where the German manufacturer makes its i3 electric city car. The cobalt find in a forested… Continue reading Cobalt Hunt Takes Aussie Explorer to Forest on BMW’s Doorstep
ERJ Business News Tracker
SBR shut-downs in China… EU chemical output up… India NR warning… Pirelli in F1… SBR prices’ uptrend… German rubber pay rise… Wanli shelves US tire plant?… Rubber share prices… India tire price hikes… BMW investing in 3D technology… JUNE 2018 15/6 China’s Shen Hua Chemical Industrial is planning to carry out maintenance work on a 70… Continue reading ERJ Business News Tracker
BMW sales fall, so too does German investor confidence
Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world’s media organizations, and directly to consumers at Reuters.com and via Reuters TV. Learn… Continue reading BMW sales fall, so too does German investor confidence
BMW Trails Mercedes, Audi in China With Sales Drop in May
LISTEN TO ARTICLE SHARE THIS ARTICLE BMW sales in China, the carmaker’s biggest national market, dropped for the first time in over two years in May after buyers delayed purchases, hoping for better deals following a cut in import duties. Deliveries of BMW-brand and Mini city cars in China fell 10 percent in May compared… Continue reading BMW Trails Mercedes, Audi in China With Sales Drop in May
BMW says May sales of BMW, Mini vehicles dip due to China tariffs
FRANKFURT (Reuters) – BMW (BMWG.DE) said vehicle sales fell 2.1 percent in May, weighed down by China tariffs, the launch of a new model, and a 13.6 percent drop in German deliveries as cities like Hamburg started banning older diesel vehicles from key streets. BMW said plans to retool its China factory to produce the… Continue reading BMW says May sales of BMW, Mini vehicles dip due to China tariffs
Over a million BMW Group vehicles delivered in first five months of 2018
Munich. The BMW Group has sold more vehicles than ever before in the first five months of the year: more than a million customers worldwide have already taken delivery of their new BMW, MINI or Rolls-Royce vehicle in 2018 (1,003,573 / +1.6%). This record result was achieved despite the ongoing global ramp-up of BMW X3… Continue reading Over a million BMW Group vehicles delivered in first five months of 2018
Billions investment planned in Thuringia: Chinese are duping German industry with battery project
All articles and backgrounds 06/12/2018 Billions invested in Thuringia planned Chinese are duping German industry with battery project ford The Chinese battery giant CATL apparently wants to build a large production facility in Germany and invest up to one billion euros for it. News Agency reports “Bloomberg” and the “Thuringian General” According to the announcement… Continue reading Billions investment planned in Thuringia: Chinese are duping German industry with battery project