Press Releases – Auto industry sets out plan for carbon neutrality under EU Green Deal, amid shrinking market

Brussels, 22 January 2020 – Forecasting the first downturn in EU car sales in seven years this year, the European Automobile Manufacturers’ Association (ACEA) today outlined the major challenges faced by the EU auto industry, as it embarks on the transition to carbon-neutral transport. “One of the biggest drivers of change for our sector is… Continue reading Press Releases – Auto industry sets out plan for carbon neutrality under EU Green Deal, amid shrinking market

Toyota recalls 361,000 vehicles for air bag inflator issue

FILE PHOTO: Toyota Motor’s logo is pictured at the 45th Tokyo Motor Show in Tokyo, Japan October 27, 2017. REUTERS/Kim Kyung-Hoon WASHINGTON (Reuters) – Toyota Motor Corp (7203.T) said on Wednesday it is recalling 361,000 older vehicles worldwide for potentially defective air bag inflators. The defect involves a different type of Takata inflator than those… Continue reading Toyota recalls 361,000 vehicles for air bag inflator issue

How Lotus stays disruptive after 72 years | Latest Norfolk and Suffolk Business News – Eastern Daily Press

Video PUBLISHED: 13:27 21 January 2020 | UPDATED: 13:45 21 January 2020 Stevie Smith �[The Evija] is something new for us and I don�t think the marketplace was expecting it.� Matt Windle, executive director of sports car engineering at Lotus. Photo: Lotus Lotus In a new video, Matt Windle, executive director of sports car engineering… Continue reading How Lotus stays disruptive after 72 years | Latest Norfolk and Suffolk Business News – Eastern Daily Press

@BMW: Electromobility market shares (1/2020 Info-graphics)

Do you need help? Please contact our support team from 9 to 17 CET via support.pressclub@bmwgroup.com. PressClub Global · Article. Wed Jan 22 08:00:00 CET 2020 Press Release BMW Group market position within competition. Electromobility in Germany, Europe, Globally. Source: IHS Markit New Registrations 1-12/2019. (1/2020 report) My.PressClub Login BMW Group Streaming. LA AUTO SHOW 2019… Continue reading @BMW: Electromobility market shares (1/2020 Info-graphics)

Software Motor Company Raises $25M in Funding

Software Motor Company, a Sunnyvale, Calif.-based provider of optimal motor systems, closed a $25m financing round. The round included a first-time investment from BMW i Ventures. The company – which has now raised over $70M since 2014 and intends to raise its final round in summer 2020 – plans to use the funds to expand… Continue reading Software Motor Company Raises $25M in Funding

Erstmals Reparaturlösung für hybride 48-Volt-Zukunft von Schaeffler

2020-01-21 | Langen Neu und nur bei Schaeffler für den freien Ersatzteilmarkt – das INA FEAD KIT für 48-Volt-Mild-Hybride. Schaeffler ist gut gerüstet für die Reparatur von heutigen und zukünftigen hybriden Fahrzeug-Generationen. Bereits heute bieten die Aftermarket-Experten für mehr als 85 Prozent aller hybriden Pkws Fahrwerkskomponenten an. Auch für den Steuer- und Nebenaggregatetrieb gibt es… Continue reading Erstmals Reparaturlösung für hybride 48-Volt-Zukunft von Schaeffler

First repair solution for hybrid 48-volt future from Schaeffler

2020-01-21 | Langen New and only from Schaeffler for the automotive aftermarket – the INA FEAD KIT for 48-volt mild hybrids. Schaeffler is well equipped for the repair of current and future hybrid vehicle generations. Already today, the aftermarket experts offer chassis components for more than 85 percent of all hybrid passenger cars. Repair solutions… Continue reading First repair solution for hybrid 48-volt future from Schaeffler

Hyundai Motor chief proposes 3 requirements to promote hydrogen society

SEOUL, Jan. 21 (Yonhap) — Hyundai Motor Group Executive Vice Chairman Chung Euisun has proposed three requirements to realizing a hydrogen-powered society during a global business meeting in Paris, his company said Tuesday. In the Hydrogen Council’s general meeting on Jan. 20 (local time), Chung suggested three key methods to promote the use of hydrogen… Continue reading Hyundai Motor chief proposes 3 requirements to promote hydrogen society

Lucid Air: 235mph EV to be launched at New York motor show

American electric vehicle (EV) start-up Lucid Motors has announced that it will reveal the Air – a luxurious saloon capable of 235mph – in production form at the New York motor show in April.  First revealed in prototype form in December 2016, the Air is positioned as a rival to the Tesla Model S as well as conventionally… Continue reading Lucid Air: 235mph EV to be launched at New York motor show

Software Motor Company raises new $25 million round

SAN FRANCISCO, Jan. 21, 2020 /PRNewswire/ — Software Motor Company (SMC) has completed a $25 million financing round, including a first-time investment by BMW i Ventures. This fundraise will permit SMC to continue accelerating product development efforts and achieve new milestones. SMC intends to raise its final round in summer 2020. SMC has now raised… Continue reading Software Motor Company raises new $25 million round