BERLIN (Reuters) – German carmakers Daimler (DAIGn.DE) and BMW (BMWG.DE) are close to agreeing to combine their car-sharing services Car2Go and DriveNow, a senior executive at one of the carmakers told Reuters on Tuesday. The merger talks are in the final stages and the combined company will be independently run, with BMW and Daimler as… Continue reading BMW and Daimler close to merging car-sharing units – executive
Tag: BMW
GCA takes over BMW in Meaux and Fiat in Avranches
The group led by David Gaist begins the 2018 exercise with two new developments. With the German brand, the operator is opening a new geographical map … It’s hard to start the year 2018. Indeed, the GCA group continues to grow in the BMW / MINI brands by taking over the JDB concession from Meaux… Continue reading GCA takes over BMW in Meaux and Fiat in Avranches
China’s Biggest Electric-Car Maker to List in $4.5 Billion Deal
China’s biggest electric-car maker will gain a stock market listing in an asset swap valuing the state-backed manufacturer at 28.8 billion yuan ($4.5 billion) and giving investors a bigger chance to participate in the world’s largest market for new-energy vehicles. One of BAIC Group’s publicly traded affiliates, Chengdu Qian Feng Electronics Co., will buy Beijing Electric… Continue reading China’s Biggest Electric-Car Maker to List in $4.5 Billion Deal
22 Jan 2018 Driveline Major programme wins power GKN to £2bn eDrive order book
Significant contract wins strengthen GKN’s leadership position in eDrive Sales forecast to grow from £33 million in 2017 to £500 million by 2022 Company introducing next-generation electric driveline technologies and rapidly bringing full systems capability to the market R&D spend in 2017 totals £36 million making £123 million over the past six years and securing… Continue reading 22 Jan 2018
Driveline
Major programme wins power GKN to £2bn eDrive order book
BMW Alums’ China Electric-Car Maker Seeks $400 Million
Byton, the Chinese electric-car startup founded by former BMW AG executives, is seeking about $400 million in a new round of funding, people with knowledge of the matter said. The Nanjing-based company, which showcased a concept car at the Consumer Electronics Show in Las Vegas this month, has been reaching out to potential investors to… Continue reading BMW Alums’ China Electric-Car Maker Seeks $400 Million
BMW boss Harald Krüger: “Maybe some underestimated me”
As BMW chairman of the board for the last three two years, Harald Krüger was faced with many challenges during his tenure, from the industry-wide diesel issues in Europe to electrification of the fleet and fierce competition from new and old automakers. However, in an interview with the German Manager Magazin that the 53-year-old Krüger… Continue reading BMW boss Harald Krüger: “Maybe some underestimated me”
China: BMW alums’ electric car startup said to seek $400m in funding
January 20, 2018 Byton, the Chinese electric-car startup founded by former BMW AG executives, is seeking about $400 million in a new round of funding, people with knowledge of the matter said. The Nanjing-based company, which showcased a concept car at the Consumer Electronics Show in Las Vegas this month, has been reaching out to… Continue reading China: BMW alums’ electric car startup said to seek $400m in funding
Audi aims to compete with Tesla Energy through a new ‘Smart Energy Network’
Ever since Tesla launched its own ‘Tesla Energy’ division to address the energy storage and generation side of the electric vehicle revolution, several automakers have launched similar programs. Audi becomes the latest with its ‘Smart Energy Network’. Home Solar Power The program is currently being tested in a pilot project in households located in the… Continue reading Audi aims to compete with Tesla Energy through a new ‘Smart Energy Network’
Number of electric cars California needs to cut 2030 emissions unclear: 4 million or 7 million?
2018 Kia Niro Plug-In Hybrid charging at Crevier BMW, Santa Ana, California, Dec 2017 Enlarge Photo One of California’s largest electricity producers recently published a white paper that analyzed how the state will achieve its 2030 greenhouse-gas targets—and it called into question targets set forth by California regulators. Specifically, Southern California Edison (SCE) said the… Continue reading Number of electric cars California needs to cut 2030 emissions unclear: 4 million or 7 million?
Mini opens the fourth edition of Urban-X, the accelerator of ‘startups’ to improve urban life
Published 1/19/2018 11:22:27 CET MADRID, Jan. 19 (EUROPA PRESS) – The automotive firm Mini has launched the fourth edition of Urban-X, an accelerator of ‘startups’ aimed at improving life in large cities, in which, every six months, the brand invests 100,000 dollars (more than 81,000 euros ) in up to ten companies, the company said… Continue reading Mini opens the fourth edition of Urban-X, the accelerator of ‘startups’ to improve urban life