Photo: FCA The founder and chairman of China’s Zhejiang Geely Holding Group Co. has global expansion on his mind. Last week, Li Shufu succeeded in becoming Daimler’s largest single shareholder. But before that he made a play for Fiat Chrysler, and today, we may know more about how that went down. The Billionaire Who Controls… Continue reading Chinese Automaker Geely Offered To Buy Fiat Chrysler For $22 Billion: Report
Tag: Tier 1 Suppliers
Jaguar I-Pace First Edition 2018 first drive
For a while I watch others drive, noting the reluctance of this long wheelbase, ultra low-centre of gravity car to roll its body, or slide, or do anything very much except squeal its tyres in extremis and go where it is steered. It does indeed change direction brilliantly – you can see that with the… Continue reading Jaguar I-Pace First Edition 2018 first drive
May Mobility CEO: We’ll Beat Waymo, Uber, and Cruise to Market
When we spoke with Ed Olson, CEO of May Mobility, in January, he told us that his driverless-vehicle company had raised a little over $11 million in seed funding in 2017. Last week, May disclosed more details about its $11.5 million seed round: it was led by venture investment arms of Toyota and BMW, and… Continue reading May Mobility CEO: We’ll Beat Waymo, Uber, and Cruise to Market
News Release – First-Ever All-Electric Jaguar Unveiled at Magna
Please click HERE for a PDF version of the release. World premiere of the Jaguar I-PACE Magna is only contract manufacturer that can build vehicles across a range of propulsion systems Second Jaguar model that will be built by Magna GRAZ, Austria, March 02, 2018 — Magna’s complete vehicle manufacturing facility in Graz, Austria, hosted… Continue reading News Release – First-Ever All-Electric Jaguar Unveiled at Magna
Elon Musk to open Tesla R&D plant in Greece
Tesla Billionaire entrepreneur’s electric car company to set up engineering facility in Athens Tesla factory in Fremont, California, US. Photograph: Tesla Elon Musk may have plans to colonise Mars but back on planet Earth he is extending his reach to Athens, by opening an engineering facility called Tesla Greece. Musk’s electric car business is an… Continue reading Elon Musk to open Tesla R&D plant in Greece
Toyota starts a new $2.8 billion company to develop self-driving software
Toyota is expanding its pursuit of self-driving cars by starting a new company called Toyota Research Institute-Advanced Development, or TRI-AD. The Japanese automaker is starting the company in conjunction with automotive supplier Aisin Seiki and Denso, and together, they plan to invest $2.8 billion into TRI-AD in the coming years and hire around 1,000 employees… Continue reading Toyota starts a new $2.8 billion company to develop self-driving software
Toyota, group suppliers to form $2.8b self-driving R&D JV
March 2, 2018 Toyota Motor Corp and group suppliers Denso Corp and Aisin Seiki Co said on Friday they would form a joint venture for researching and developing automated-driving technology, investing more than 300 billion yen ($2.8 billion). The Tokyo-based venture will be formed later this month and aim to employ about 1,000 workers, including… Continue reading Toyota, group suppliers to form $2.8b self-driving R&D JV
Toyota to form $2.8 bln venture with group cos for self-driving R&D
TOKYO (Reuters) – Toyota Motor Corp and group suppliers Denso Corp and Aisin Seiki Co said on Friday they would form a joint venture for researching and developing automated-driving technology, investing more than 300 billion yen ($2.8 billion). FILE PHOTO: A Toyota Motor Corp. logo is seen on a car at the International Auto Show… Continue reading Toyota to form $2.8 bln venture with group cos for self-driving R&D
NIO Issued First Shanghai Intelligent Connected Vehicle Test Permit
Shanghai, China – March 1 – NIO has obtained the permit required for testing autonomous vehicles on public roads in Shanghai. The permit was issued by the Shanghai Municipal Government, becoming the first company to receive such a permit in China. During the event, Huang Ou, Vice Chairman of Shanghai Municipal Commission of Economy and… Continue reading NIO Issued First Shanghai Intelligent Connected Vehicle Test Permit
1 Mar 2018 Driveline GKN’s next-generation electric vehicle driveline now in prototype test phase
Integrated ‘eTwinsterX’ system on test in prototype vehicle at GKN Wintertest New eDrive system is an ‘all in one’ unit with torque vectoring capability and two-speed e-transmission Latest technology incorporates learnings from GKN’s family of pioneering Twinster systems Petrol-powered AWD SUV reengineered as a plug-in hybrid with pure electric drive mode Redditch, UK – 01… Continue reading 1 Mar 2018
Driveline
GKN’s next-generation electric vehicle driveline now in prototype test phase