Today, we wrote about how Benchmark Mineral Intelligence believes controlling the price of raw materials may help reduce battery prices and keep them low. That would require getting car companies involved with the mining business. We also published that recycling may help keep those prices down as well. Whether with mining or recycling, BMW believes… Continue reading BMW Thinks The Key To Wider EV Adoption Is Battery Price Reduction
Tag: BMW
@BMW: ROLLS-ROYCE DAWN AERO COWLING
The Rolls-Royce Dawn was created to deliver the world’s most social, seductive open-top motoring experience for four people. In doing so, it attracted a new type of client to the marque – successful, young and dynamic men and women drawn to Dawn’s contemporary aesthetic and compelled by its owner/driver appeal. To add yet more aesthetic… Continue reading @BMW: ROLLS-ROYCE DAWN AERO COWLING
@BMW: Ad-hoc release: BMW AG updates guidance for financial year 2020
Munich. The Board of Management of BMW AG has decided today to update its guidance for the financial year 2020. The decisive factor for the adjustment is that the measures to contain the corona virus pandemic are lasting longer in several markets and are thus leading to a broader negative impact than was foreseeable in… Continue reading @BMW: Ad-hoc release: BMW AG updates guidance for financial year 2020
Press Releases – COVID-19: Automotive sector calls for vehicle renewal incentives to kickstart economic recovery
Brussels, 5 May 2020 – COVID-19 is having a major impact on the economy, with retail and manufacturing activity crippled without precedence and concerns mounting on consumer sentiment. The European automotive sector, which has been hit particularly badly, proposes a plan comprised of 25 key actions to ensure a strong restart of the sector and… Continue reading Press Releases – COVID-19: Automotive sector calls for vehicle renewal incentives to kickstart economic recovery
CORRECTED-UPDATE 2-Intel buys Moovit transit app for $900 mln to help develop robotaxis
JERUSALEM/NEW YORK (Reuters) – Chipmaker Intel Corp (INTC.O) has bought Israeli public transit app maker Moovit for about $900 million to help it develop self-driving “robotaxis” that could take to the streets in early 2022, the company said on Monday. FILE PHOTO: U.S. chipmaker Intel Corp’s logo is seen on their “smart building” in Petah… Continue reading CORRECTED-UPDATE 2-Intel buys Moovit transit app for $900 mln to help develop robotaxis
Audi gives up plan for hands-off autonomy for next A8
Despite all the hype about high levels of vehicle autonomy, drivers always need to keep their hands on the wheel. Audi had planned to be the first automaker to introduce so-called Level 3 autonomy, where you could take your eyes off the road and let the car drive. But the combination of legislative uncertainty and… Continue reading Audi gives up plan for hands-off autonomy for next A8
Boosted’s planned products included e-bikes and an ‘Ultimate’ skateboard
Sponsored Links Jon Turi/Engadget Boosted as you know it is no more, but it apparently had ambitious plans before Lime snapped up its assets. YouTuber Sam Sheffer has obtained images of what the company had been working on before its effective shutdown, and it was clearly keen to expand into new areas. There were two… Continue reading Boosted’s planned products included e-bikes and an ‘Ultimate’ skateboard
Toyota and Honda to ramp up China plants to make up lost output
TOKYO — Japanese auto companies will accelerate production in China from May as the country recovers from the coronavirus pandemic earlier than other parts of the world. The carmakers are moving to pump up output to position themselves as they see the massive market re-emerging as the global sales leader. Toyota Motor and Honda Motor… Continue reading Toyota and Honda to ramp up China plants to make up lost output
Otonomo Raises $46M in Series C Funding to Expand Its Automotive Data Services Platform
HERZLIYA, ISRAEL, April 30, 2020 (GLOBE NEWSWIRE) — Otonomo, the leading automotive data services platform, today announced $46 million in series C funding. The round includes investments from SK Holdings, Avis Budget Group, and Alliance Ventures as well as participation from existing investors such as Bessemer Venture Partners. This round brings the company’s total funding… Continue reading Otonomo Raises $46M in Series C Funding to Expand Its Automotive Data Services Platform
Nissan plans to restart output at UK’s biggest car factory in June
FILE PHOTO: A Nissan logo is pictured at Brussels Motor Show, Belgium, January 9, 2020. REUTERS/Francois Lenoir LONDON (Reuters) – Nissan (7201.T) will restart phased production in early June at its northern English Sunderland factory, Britain’s biggest car plant, as the sector tries to resume operations amid the coronavirus outbreak. Output at the site, which… Continue reading Nissan plans to restart output at UK’s biggest car factory in June