RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Carlos Tavares, Chairman of Groupe PSA (Paris:UG) Managing Board, and Opel CEO Michael Lohscheller had today fruitful discussions with Peter Altmaier, German Federal Minister of Economic Affairs and Energy and Hubertus Heil, German Federal Minister of Labor and Social Affairs. The dialogue was open and constructive expressing shared desire to work… Continue reading Groupe PSA: Press Release
Tag: Autonomous
NIO Capital Is Said Close to Completing $500 Million Auto Fund
NIO Capital, the investment firm affiliated to Chinese electric-vehicle startup NIO, is close to completing the first round of its $500 million offshore fund that will put money in new automotive technologies, according to people with direct knowledge of the matter. The company is discussing with sovereign-wealth funds, energy and insurance companies in Asia and… Continue reading NIO Capital Is Said Close to Completing $500 Million Auto Fund
NIO Capital nears completing first round of $500m auto fund to tap new tech
April 22, 2018 NIO Capital, the investment firm backed by Chinese electric-vehicle startup NIO, is close to completing the first round of its $500 million offshore fund that will put money in new automotive technologies, according to people with direct knowledge of the matter. The company is discussing with sovereign-wealth funds, energy and insurance companies… Continue reading NIO Capital nears completing first round of $500m auto fund to tap new tech
Insight: Waymo – Google’s self-driving division
The boss of the most powerful self-driving car technology company in the world has a Porsche 911 GT3 on order. And a Caterham in his garage. And two more Porsche 911s nestling alongside that: a 997-series C2 S and a 964-series Targa. Easy natured and always the evangelist, John Krafcik – CEO of Waymo, part… Continue reading Insight: Waymo – Google’s self-driving division
China-Backed SF Motors Debuts Electric SUVs As Rival Tesla Hits Rocky Patch
SF Motors will start taking orders for its SF5 SUV in late 2018, with initial deliveries to begin in 2019. Detailed pricing isn’t yet available. Surely it’s a coincidence that Silicon Valley-based Chinese EV maker SF Motors chose to unveil two elegant battery-powered crossovers just as Elon Musk tries to stem Tesla’s plunging stock price.… Continue reading China-Backed SF Motors Debuts Electric SUVs As Rival Tesla Hits Rocky Patch
Aston Martin’s e-Lagonda to challenge Rolls-Royce and Bentley “duopoly”
Andy Palmer: “In powertrain technology, we want to keep complete control over our V12 engine, and we want to keep control of the electrical motor because we think this is important going forward.” Andy Palmer, CEO of Aston Martin reveals how the British sports car maker aims to be the first luxury car maker to… Continue reading Aston Martin’s e-Lagonda to challenge Rolls-Royce and Bentley “duopoly”
More Than Just Miles: Our Self-Driving Vehicle Testing Helps Steer Miami Students Toward a Future…
More Than Just Miles: Our Self-Driving Vehicle Testing Helps Steer Miami Students Toward a Future of Robotics By Peter Rander, President, Argo AI Joel Cruz, a high school student from Miami, and Peter Rander, President, Argo AI. After a year spent testing self-driving vehicles in Pittsburgh and Southeast Michigan — not to mention enduring some cold winter weather — the Argo AI… Continue reading More Than Just Miles: Our Self-Driving Vehicle Testing Helps Steer Miami Students Toward a Future…
Lyft Delivers Carbon-Neutral Rides
The ride-hailing company announced on Thursday that it plans to become one of the largest voluntary purchasers of carbon offsets in the world. Over the years, John Zimmer, the co-founder and president of Lyft, has often pointed to a class he took as an undergraduate as the source of his ideas about environmental sustainability—and by… Continue reading Lyft Delivers Carbon-Neutral Rides
Antitrust chief calls Hyundai Motor’s governance restructuring ‘right direction’
SEOUL, April 20 (Yonhap) — The head of South Korea’s antitrust regulator said Friday that Hyundai Motor Group has taken a step in the right direction, citing its latest plan to streamline its complicated governance structure through business spinoffs and mergers. In a meeting with foreign correspondents in Seoul, Korea Fair Trade Commission Chairman Kim… Continue reading Antitrust chief calls Hyundai Motor’s governance restructuring ‘right direction’
Too radical, too innovative, too fast: why Tesla could fail
All articles and backgrounds 04/20/2018 Too radical, too innovative, too fast For what Tesla could fail An opinion made by Jens-Uwe Meyer SpaceX Tesla Roadster in space: Will Elon Musk too much at once? The term “digital disruption” – the radical change of business models and markets through the digitization – may currently be missing… Continue reading Too radical, too innovative, too fast: why Tesla could fail