Volkswagen‘s software unit Cariad will spend more than $2 billion and take a 60% stake in a new venture with Chinese technology firm Horizon Robotics, it said on Thursday, tackling two big challenges: software and the Chinese market. The carmaker will invest $1 billion in Horizon Robotics and a further 1.3 billion euros ($1.26 billion) in the joint venture, with the transaction to be completed in the first half of 2023. Together the… Continue reading Volkswagen to pick up 60% stake in $2b tech JV with China’s Horizon Robotics
Tag: Tesla
Carl Icahn Stock Portfolio: Top 12 Picks
In this article, we shall discuss the top 12 picks in Carl Icahn’s stock portfolio. To skip our detailed analysis of Icahn’s history, his investment strategy, and hedge fund performance, go directly and see Carl Icahn Stock Portfolio: Top 5 Picks. Carl Icahn is an American financier and currently serves as the Chief Executive Officer… Continue reading Carl Icahn Stock Portfolio: Top 12 Picks
German Handelsblatt: Electric cars: software partner to make VW competitive again in China005404
Elektroautos von Volkswagen sind auf dem chinesischen Markt vielen Konkurrenzprodukten unterlegen. Die in Deutschland entwickelten Fahrzeuge bieten den Kunden in China zu wenig digitale Features und lassen auch beim autonomen Fahren zu wünschen übrig. Um in diesen Bereichen aufzuholen, gründet der Autohersteller ein Gemeinschaftsunternehmen mit dem chinesischen Software- und Chipspezialisten Horizon Robotics. Der VW-Aufsichtsrat hat… Continue reading German Handelsblatt: Electric cars: software partner to make VW competitive again in China005404
Long queue for utility vehicles in India
Interestingly topping the list is M&M’s Scorpio model having a wait ing period of about 21 months. Chennai: Even as the demand for passenger vehicles going up, the supplies of semi-conductors easing and manufacturers launching new models, the waiting period for customers for some models is nearly two years, states a report. The car companies… Continue reading Long queue for utility vehicles in India
Automotive Glass Market worth $30.6 billion by 2027 – Exclusive Report by MarketsandMarkets™
CHICAGO, Oct. 13, 2022 /PRNewswire/ — Automotive Glass Market is projected to grow at a CAGR of 5.4%, from an estimated USD 23.6 billion in 2022 to USD 30.6 billion by 2027, over the forecast period, according to a new report by MarketsandMarkets™. Increasing global vehicle production, growing demand for cabin comfort, and government safety regulations for enhanced vehicle… Continue reading Automotive Glass Market worth $30.6 billion by 2027 – Exclusive Report by MarketsandMarkets™
There’s ‘no evidence’ Tesla cheated crash tests with special code, Euro NCAP says
An investigation into Tesla using special code marked for crash-testing vehicles hasn’t found any evidence that the automaker cheated on its crash tests. Tesla has an incredible record when it comes to crash safety. Its electric vehicles have consistently achieved top safety ratings with auto safety agencies around the world. The latest safety accolade came… Continue reading There’s ‘no evidence’ Tesla cheated crash tests with special code, Euro NCAP says
German Manager Magazin: Renault, Audi, VW, Tesla, Luca de Meo, Electromobility, Amazon: The new newsletter manage:mobility002074
Dear reader, get a car company on track that burned eight billion euros in 2020? Sounds like gambling. But that’s Luca de Meo’s job at Renault. The basic renovation was remarkably successful, and the French returned to profitability in 2021. That doesn’t make it any easier for de Meo. Now he has to create a… Continue reading German Manager Magazin: Renault, Audi, VW, Tesla, Luca de Meo, Electromobility, Amazon: The new newsletter manage:mobility002074
Cheaper night tariff: Tesla introduces dynamic charging prices
In the past few months, Tesla has increased the price of superchargers several times. Now there are time-dependent tariffs. (electric car, Tesla) Go to Source
New Vehicle Prices Back Off Record High
Slight price dips are emerging among some automakers, but overall new vehicle prices are still above sticker and above last year. Graphic: Kelley Blue Book The average price paid for a new vehicle in the U.S. in September 2022 was down from August’s record but remains solidly above the $48,000 mark, according to new data… Continue reading New Vehicle Prices Back Off Record High
Clean Tecnica: Tesla to Build the Future with $10 Trillion Valuation — HyperChange 002309
Many investors and onlookers are wondering what the future of Tesla’s valuation will look like, especially knowing how the company could revolutionize the world with its products. From electric vehicles to sustainable energy, some have even made the case that Tesla could someday become the world’s largest company — likely shifting the way the world… Continue reading Clean Tecnica: Tesla to Build the Future with $10 Trillion Valuation — HyperChange 002309