In this wacky new world of bike shares, electric scooters, OneWheels, and transit apps, automotive companies aren’t quite famous for their inspired, innovative business moves. But today, BMW is sending up the industry’s latest trial balloon. And it’s headed straight for airspace currently occupied by Uber and Lyft. Starting today, the automaker’s ReachNow arm, which… Continue reading BMW’s Launching an Uber Competitor in Seattle
Tag: BMW
UPDATE 1-Ford agrees to $299.1 mln U.S. Takata air bag settlement
WASHINGTON (Reuters) – Ford Motor Co (F.N) agreed to a so-called economic loss settlement of $299.1 million covering at least 6 million U.S. vehicles with potentially faulty Takata air bag inflators, court documents filed in a federal court in Miami on Monday show. The Ford logo is pictured on the company’s stand during the 88th… Continue reading UPDATE 1-Ford agrees to $299.1 mln U.S. Takata air bag settlement
Ford agrees to $299.1 mln U.S. Takata ‘economic loss’ settlement
WASHINGTON (Reuters) – Ford Motor Co (F.N) agreed to a $299.1 million so-called economic loss settlement covering at least 6 million U.S. vehicles with potentially faulty Takata air bag inflators, court documents filed in a federal court in Miami on Monday show. The Ford logo is pictured on the company’s stand during the 88th Geneva… Continue reading Ford agrees to $299.1 mln U.S. Takata ‘economic loss’ settlement
China is Europe in battery production consider
D The first battery cell production for electric cars on German soil is being built in Erfurt, Thuringia. But her owner is not a German automaker. The operator comes from far away China. Contemporary Amperex Technology Co. Limited (CATL) is the name of the company, which is currently emerging as the world leader in the… Continue reading China is Europe in battery production
consider
BMW can take majority stake in China
Thursday, 07/12/2018 20:20 BMW can in China the majority of the previous joint venture with the local carmaker Brilliance take. The State Council in Peking quoted Prime Minister Li Keqiang on its website with the statement: “That the company BMW takes over in a joint venture in China more than 50 percent of the shares,… Continue reading BMW can take majority stake in China
UPDATE 1-Tesla hits 200,000 cars, meaning lower tax credit for buyers
(Reuters) – Tesla Inc has delivered 200,000 electric cars to buyers in the United States, a spokesperson said on Thursday, meaning tax credits will now begin to be lowered, while rivals such as Mercedes-Benz, BMW AG and Audi AG will bring electric models to the market with a full tax credit in place. FILE PHOTO:… Continue reading UPDATE 1-Tesla hits 200,000 cars, meaning lower tax credit for buyers
Press Releases – Environmental impact of car production strongly reduced over last decade
Brussels, 12 July 2018 – The latest data from the European Automobile Manufacturers’ Association (ACEA) shows that auto makers have significantly reduced the environmental impact of manufacturing over the last decade, even though the number of cars produced increased from 11.9 million in 2013 to 17 million in 2017. The new figures, recently published in… Continue reading Press Releases – Environmental impact of car production strongly reduced over last decade
Henrik Fisker is latest to claim solid-state battery breakthrough
In the race to build solid state batteries for electric cars, almost nobody is counting on Henrik Fisker and his latest electric-car venture, the EMotion, which debuted at the Consumer Electronics Show in Las Vegas in January. Fisker, however, now says the car will launch in 2020 with his long-promised solid-state batteries. “We’re actually ahead… Continue reading Henrik Fisker is latest to claim solid-state battery breakthrough
BMW says no change in South Carolina expansion plans
SPARTANBURG, S.C. (AP) – BMW says it is sticking with plans to add 1,000 workers in South Carolina, even though the company will start production of a new vehicle in China. BMW and Chinese partner Brilliance Automotive Group Holdings said Monday a joint venture called BMW Brilliance Automotive will increase the number of vehicles made… Continue reading BMW says no change in South Carolina expansion plans
Tesla reaches deal to build electric vehicle factory in China
Tesla has reached a deal with the Shanghai government to build a factory capable of producing 500,000 electric vehicles a year. The factory would be the automaker’s second assembly plant and aimed at serving the alluring Chinese market. Tesla and the Shanghai Municipal People’s Government announced Tuesday they had signed the cooperative agreement. Tesla announced… Continue reading Tesla reaches deal to build electric vehicle factory in China