When Tesla started production of the Model S saloon in 2012, the start-up had fewer than 3,000 employees. Chief executive Elon Musk had the luxury of beginning with a blank page, to hire just the specialists he needed and to even risk complete failure in his quest to launch the first successful electric-only car brand.… Continue reading Electric switch poses existential challenge to carmakers
Tag: Daimler
Electric Mercedes opens German assault on Tesla
STOCKHOLM/PARIS (Reuters) – Mercedes-Benz is set to unveil its much-anticipated electric SUV on Tuesday, marking the start of a German onslaught against Tesla’s (TSLA.O) dominance of the fast-growing market for premium battery cars. FILE PHOTO: A Tesla Model S electric car is seen at its dealership in Seoul, South Korea July 6, 2017. REUTERS/Kim Hong-Ji/File… Continue reading Electric Mercedes opens German assault on Tesla
Daimler, Aerotec, Eos pilot plant starts operations for industrial 3D printing process
One year ago, Premium Aerotec, Daimler, and EOS jointly initiated the NextGenAM project to develop the basis of a future system for series production using 3D printing technologies. Now, the partners have achieved a key milestone, with the first pilot plant put into operation at Premium Aerotec in Varel, Germany. As metal 3D printing technology… Continue reading Daimler, Aerotec, Eos pilot plant starts operations for industrial 3D printing process
Behind the scenes at Britain’s ice-cream van HQ
Not that Ed Whitby, operations director, is complacent. Rather, as the third generation of the Whitby family to be involved with the business, he’s passionate about building and converting ice cream vans, and ensuring the nation’s love for soft scoop never wanes. “At any point in time there’s someone, somewhere in the world smiling because… Continue reading Behind the scenes at Britain’s ice-cream van HQ
Wiesmann returns! New model and Salon Privé display announced
…* Driving the BMW 328, the car that silenced the critics* Evolution of the Mercedes G-Wagen* Great classic German cars for sale! Founded in 1988, Wiesmann started out as a manufacturer of low-volume sports cars. Each one was hand built, finished to a high standard and boasted some of the best German precision engineering. Although… Continue reading Wiesmann returns! New model and Salon Privé display announced
Luxury, the solid gold vein of the automobile
Trees do not climb to the sky unless they are called Ferrari. A shining symbol of the insolent health of the luxury automobile, the Italian brand has flown on the stock market since coming to Wall Street three years ago. The prancing horse is currently worth 24.5 billion dollars in the market (21 billion euros),… Continue reading Luxury, the solid gold vein of the automobile
Waymo is expanding to China
Google’s sister Waymo has set foot in China. The enterprise Waymo is considered the leading company in the field of autonomous driving – at least according to the Navigant Study. Very soon you plan a robot taxi service in Arizona To start, where you have already gathered some cooperation partners around. Intel Waymo-minivan. Source: Intel… Continue reading Waymo is expanding to China
UPDATE 3-Aston Martin plans to go public as turnaround picks up speed
LONDON (Reuters) – Luxury carmaker Aston Martin plans to float on the London Stock Exchange, completing a turnaround for the once perennially loss-making company that could now be valued at up to 5 billion pounds ($6.4 billion). FILE PHOTO: A company logo is seen on the new Aston Martin Vantage car at a media event… Continue reading UPDATE 3-Aston Martin plans to go public as turnaround picks up speed
James Bond cult brand: Aston Martin reviews IPO
All articles and backgrounds 08/29/2018 James Bond cult brand Aston Martin reviews IPO DPA James Bond aka Daniel Craig gets out of an Aston Martin DB 10 British sports car maker Aston Martin wants to go public. A corresponding registration document as a condition for the Gang on the floor the automaker had submitted to… Continue reading James Bond cult brand: Aston Martin reviews IPO
Aston Martin London Stock Exchange flotation intent confirmed
After rumours began circling last year, Aston Martin has confirmed it intends to float the company on the London Stock Exchange within the next few weeks. The formal launch of the firm’s initial public offering (IPO) will see up to £1bn of shares in Aston offered for sale. The firm has today submitted a Registration Document with… Continue reading Aston Martin London Stock Exchange flotation intent confirmed