Desktop Metal, a 3D printer manufacturer, has received $65 Million in a new funding round led by Ford. The latest financing round follows a successful 2017 for the Burlington Massachusetts based company and brings total funding to $277 Million. In June 2017 the closure of a series D finance round brought unicorn status to the… Continue reading Desktop Metal close new financing round with Ford
Tag: BMW
Adaptation to new fuel consumption and emissions tests: BMW takes 7th in Europe for year from the offer
All articles and backgrounds 03/19/2018 Adaptation to new fuel consumption and exhaust emissions tests BMW takes 7 Series in Europe for a year from the offer BMW 7 Series: BMW wants to suspend the production of its flagship in the gasoline version in Europe but also the other models temporarily In view of future new… Continue reading Adaptation to new fuel consumption and emissions tests: BMW takes 7th in Europe for year from the offer
BMW Group publishes Sustainable Value Report 2017: “For us, sustainability means future viability.”
Munich . The BMW Group made significant progress in shaping sustainable mobility in 2017. For the first time, the company sold more than 100,000 electrified vehicles in a single year. Although the percentage of diesel vehicles in Europe decreased, fleet consumption was further reduced – to an average of 122 grams per kilometre. As part… Continue reading BMW Group publishes Sustainable Value Report 2017: “For us, sustainability means future viability.”
Press Releases – Brexit: EU auto makers call for urgent action to solve sector-specific issues
Brussels, 19 March 2018 – Just a few days ahead of the EU summit, where the 27 heads of state are set to approve the European Council’s Brexit guidelines, the European Automobile Manufacturers’ Association (ACEA) is calling on the negotiators to pay urgent attention to sector-specific issues in order to avert potentially disastrous implications on… Continue reading Press Releases – Brexit: EU auto makers call for urgent action to solve sector-specific issues
Top Automotive Industry News for Week of March 12 – March 18, 2017
Here is the most important news associated with the automotive industry identified by the SEA for the week March 12, 2018 – March 18, 2018. We hope it helps you stay up to speed on the key developments in our industry: -AEA Membership News- The 2018 NADA AEA Member Reception is coming soon! The next… Continue reading Top Automotive Industry News for Week of March 12 – March 18, 2017
BMW Vets Raise A Stunning $1 Billion For Stealth EV Startup
EVelozcity EVelozcity founders are CEO Stefan Krause, left, design chief Richard Kim, center, and technology chief Ulrich Kranz. The BMW veterans plan to create a series of all-electric vehicles built off a common “skateboard” platform that are to hit the market by 2021. In the decade since Tesla survived the startup valley of death on its mission… Continue reading BMW Vets Raise A Stunning $1 Billion For Stealth EV Startup
INEOS Automotive Announces Appointment of Mbtech as its Engineering Partner for Projekt Grenadier
German company MBtech, a subsidiary of Mercedes Benz, has been awarded the engineering contract for INEOS Automotive�s planned 4×4, announced in September 2017 as Projekt Grenadier.The appointment represents a significant step forward in the realisation of INEOS�s plans to build an uncompromising world class 4×4 vehicle.Over 200 German engineers will be working full-time on the… Continue reading INEOS Automotive Announces Appointment of Mbtech as its Engineering Partner for Projekt Grenadier
After leaving DriveNow: Sixt attacks BMW and Daimler with a new kind of car sharing
All articles and backgrounds 03/15/2018 After leaving DriveNow Sixt, BMW and Daimler attack with a new kind of car sharing DPA Sixt employee The car rental company Sixt Show stock market chart engages in car sharing: the company wants to say goodbye to the joint with BMW Show stock market chart operated sub-car company DriveNow… Continue reading After leaving DriveNow: Sixt attacks BMW and Daimler with a new kind of car sharing
UPDATE 2-All change for Audi as it predicts short-term pain
INGOLSTADT, Germany (Reuters) – Audi (NSUG.DE) said it is bracing for a difficult year on Thursday as the effects of its biggest-ever model overhaul and the emissions scandal keep Volkswagen’s main earner from catching up with German rivals Mercedes-Benz and BMW. Audi CEO Rupert Stadler (L) and CFO Alexander Seitz pose next to the Audi… Continue reading UPDATE 2-All change for Audi as it predicts short-term pain
Drover picks up £5.5M funding for its car subscription marketplace
Drover, a London-based startup that lets you take out a “car subscription” as an alternative to car ownership, has picked up £5.5 million in seed funding. The round was led by VC firms Cherry Ventures, Partech and BP Ventures (the venture arm of BP), and adds to an earlier £2 million ‘pre-seed’ investment from Version… Continue reading Drover picks up £5.5M funding for its car subscription marketplace