Tag: People

Volkswagen draws first consequences as a result of animal tests

News Personnel Announcements News Group Wolfsburg, 30 January 2018 Volkswagen draws first consequences as a result of animal tests Volkswagen has drawn the first consequences in connection with the animal tests financed by the European Research Group on Environment and Health in the Transport Sector (EUGT e.V., Europäische   …more

Brand new Aston Martin dealership to open in China 

Flagship showroom and service centre to open in Wuhan New dealership part of significant investment in Chinese market​ 31 January 2018, Wuhan, China:  A brand new flagship Aston Martin dealership will launch in Wuhan, China later this year. The 500m2 two-floor showroom will welcome customers from the centre of China to browse a state-of-the-art display… Continue reading Brand new Aston Martin dealership to open in China 

2017 UK car manufacturing declines by -3% but still second biggest output since turn of the century

1.67m cars built in the UK in 2017, a decline of -3.0% with production for domestic demand down -9.8%. Car exports remain at historically high level, down just -1.1% with 1.34m shipped worldwide – 79.9% of total production. British engine manufacturing at record-ever levels, with 2.72m produced, up 6.9% on 2016. SMMT restates need for… Continue reading 2017 UK car manufacturing declines by -3% but still second biggest output since turn of the century

Faraday Future Claims Ex-CFO Stole Trade Secrets From Electric Car Company

Faraday Future, the Los Angeles based electric car company run by China’s Jia Yueting, who also founded LeEco, has filed a lawsuit against Evelozcity, a start-up founded by its former chief financial officer Stefan Krause, for allegedly stealing trade secrets. Faraday Future also accused Krause and former CTO Ulrich Kranz of luring away at least 20… Continue reading Faraday Future Claims Ex-CFO Stole Trade Secrets From Electric Car Company

Nuro Raises $92 Million for Adorable Autonomous Delivery Vehicles

Somewhere between a delivery truck and a sidewalk robot, Nuro’s robotic vehicles want to deliver your groceries Photo: Nuro It seems like we’ve gotten to the point with self-driving vehicles where it’s no longer enough to “just” be developing a car that could at some point be used as an autonomous rideshare vehicle. That space… Continue reading Nuro Raises $92 Million for Adorable Autonomous Delivery Vehicles

Electric Vehicle Manufacturer XPENG Motors kicks off RMB 2.2 Billion of Series B Capital Funding with Alibaba, Foxconn and IDG Capital, as Joint-Major Investors

HONG KONG, Jan. 29, 2018 /PRNewswire/ — XPENG Motors on Monday announced at a Hong Kong press conference the kick-off of its Series B capital funding of  RMB 2.2 billion, with Alibaba Group, Foxconn and IDG Capital as three  major investors. That will bring the total raised by XPENG Motors in capital market to over… Continue reading Electric Vehicle Manufacturer XPENG Motors kicks off RMB 2.2 Billion of Series B Capital Funding with Alibaba, Foxconn and IDG Capital, as Joint-Major Investors

FCA US LLC Set to Deliver Thousands of Chrysler Pacifica Hybrid Minivans to Waymo’s Self-driving Service

AUBURN HILLS, Mich., Jan. 30, 2018 /PRNewswire/ — Expanded delivery of vehicles signifies commitment to support the launch of the world’s first driverless ride-hailing service Vehicle delivery begins in late 2018 with Pacifica Hybrid minivans to be deployed across multiple U.S. cities FCA US LLC announced today an agreement to supply thousands of Chrysler Pacifica… Continue reading FCA US LLC Set to Deliver Thousands of Chrysler Pacifica Hybrid Minivans to Waymo’s Self-driving Service

Maruti to start manufacturing budget electric vehicle on its own – Times of India

NEW DELHI: India’s largest carmaker Maruti Suzuki will start making its first affordable electric vehicle (EV) by 2020 based on technology from parent Suzuki Motor, ahead of products developed in partnership with Toyota.The company and its parent are focusing on in-house capabilities but are also looking for partners to put in place the ecosystem for… Continue reading Maruti to start manufacturing budget electric vehicle on its own – Times of India