Tag: People

German auto giant BMW presents research facility for battery cells in Munich

BERLIN, Nov. 15 (Xinhua) — German auto giant BMW presented a battery cell research center on Thursday to “advance battery cell technology and carefully dissect the production processes.”
According to BMW, total investments for the research center in Munich, where 200 people will be employed, are 200 million euros (219.9 million U.S. dollars).
Battery cell technology is a “key success factor” for BMW vehicle fleet because it affects both the operational performance of cars as well as battery costs, said Oliver Zipse, chief executive officer of BMW.
BMW announced that it would not manufacture the battery cells itself but would only develop batteries specially tailored to the needs of its cars in cooperation with the battery manufacturers. Furthermore, scientists at the facility would research new materials to produce battery cells.
Employee representatives at the BMW Group would be “actively involved” with the aim of developing expertise within the company to secure jobs “for the long t..

Toyota: Toyota News And Features

The latest from the UK and overseas Click the “read more” links to access the full stories and pictures. Get the latest Toyota media news first – sign up for our email service here All-new Yaris revealed Toyota has revealed the all-new Yaris ahead of its market launch in the second half of 2020. The… Continue reading Toyota: Toyota News And Features

Markus Duesmann to be new Audi CEO

Markus Duesmann will become the new CEO of Audi on April 1, 2020. The 50-year-old mechanical engineer will succeed Bram Schot, who has held the position since June 2018. Duesmann has been active in the automotive industry for almost three decades, most recently as Board of Management Member for Purchasing at BMW. Bram Schot, 58,… Continue reading Markus Duesmann to be new Audi CEO

Groupe PSA: Handicap International and PSA Foundation sign a partnership for a Road Prevention Project in India

Road safety actions with 1,500 students from two schools in Chennai Multimedia awareness campaign targeting 200,000 children, adolescents and young adults Launch of the program on November 15 at Madras Christian College Higher Secondary School “We are very proud to enter into this partnership with Handicap International in India in a new territory where Groupe… Continue reading Groupe PSA: Handicap International and PSA Foundation sign a partnership for a Road Prevention Project in India

Automaker: VW invests 60 billion euros in electromobility and digitization – Duesmann will head Audi

Production of electric car ID.3 By the end of 2029, around 26 million electric vehicles will be produced. (Photo: AP) Wolfsburg The Volkswagen Group increases his Investments in electromobility and digitization, For the next five years until 2024, the Wolfsburg-based car manufacturer will spend just under 60 billion euros. This is what the Supervisory Board… Continue reading Automaker: VW invests 60 billion euros in electromobility and digitization – Duesmann will head Audi

Automaker: VW invests around 60 billion euros in electromobility and digitization

Production of electric car ID.3 By the end of 2029, around 26 million electric vehicles will be produced. (Photo: AP) Wolfsburg The Volkswagen Group increases his Investments in electromobility and digitization, For the next five years until 2024, the Wolfsburg-based car manufacturer will spend just under 60 billion euros. This is what the Supervisory Board… Continue reading Automaker: VW invests around 60 billion euros in electromobility and digitization

Siberian taxi firm bringing fare-haggling to Moscow plans expansion

FILE PHOTO: People hail taxis near the exit of Park Kultury metro station during a train service disruption in Moscow March 29, 2010. REUTERS/Denis Sinyakov/File Photo MOSCOW (Reuters) – A Siberian ride-hailing firm that allows customers to haggle over their fares is investing to beef up its presence in Moscow, a market dominated by New… Continue reading Siberian taxi firm bringing fare-haggling to Moscow plans expansion

Volkswagen to invest 60 billion euros in e-mobility, digital tech by 2024

FILE PHOTO: The revised logo of German carmaker Volkswagen AG is pictured during a preview of the world’s biggest automaker at the international Frankfurt Motor Show IAA in Frankfurt, Germany September 9, 2019. REUTERS/Wolfgang Rattay FRANKFURT (Reuters) – Volkswagen (VOWG_p.DE) will invest 60 billion euros ($66.12 billion) until 2024 to develop electromobility and digital technologies,… Continue reading Volkswagen to invest 60 billion euros in e-mobility, digital tech by 2024

New Ford Mustang Mach-E leaked on Ford’s website

Ford has accidentally published official images and details of the new, all-electric Mustang Mach-E on its website ahead of the car’s planned launch at a special event later this month. The details on the car’s US pricing, performance and range were quickly removed by Ford – but not before these screenshots were taken. The Ford… Continue reading New Ford Mustang Mach-E leaked on Ford’s website