China’s Zhejiang Geely Holding Group, which owns Volvo Cars and holds 9.7% of Daimler, said on Tuesday it has signed an agreement with Tencent Holdings Ltd to develop smart vehicle cockpit and autonomous driving. In the latest such partnership in the fast-evolving sector, the companies will jointly develop smart car cockpits to have more mobile and mobility service applications, and explore testing of autonomous driving, Geely said in… Continue reading China’s Geely ties up with Tencent on smart car tech
Tag: Tesla
China’s Geely teams up with Tencent on smart car tech
By Reuters Staff 1 Min Read Slideshow ( 4 images ) BEIJING/SHANGHAI (Reuters) – China’s Zhejiang Geely Holding Group, which owns Volvo Cars and holds 9.7% of Daimler, said on Tuesday it has signed an agreement with Tencent Holdings Ltd to develop smart vehicle cockpit and autonomous driving. In the latest such partnership in the… Continue reading China’s Geely teams up with Tencent on smart car tech
Tesla gets a new head of its Advanced Battery Research in Canada, renews contract
Tesla now has a new head with its Advanced Battery Research group in Canada and renewed the contract with the organization, which has been producing a lot of battery technology for the automaker. Tesla Advanced Battery Research For the past five years, Tesla has been working with a battery research group in Canada, also known… Continue reading Tesla gets a new head of its Advanced Battery Research in Canada, renews contract
German Handelsblatt: PSA boss: Carlos Tavares takes over management of the transatlantic auto company Stellantis001122
Carlos Tavares For the manager only his own performance counts. (Photo: Bloomberg) Paris Since the weekend there is a new group in the top league of the auto industry: Stellantis. The artificial name stands for the merger of Peugeot SA (PSA) and Fiat-Chrysler (FCA). In terms of the number of vehicles sold, Stellantis will be… Continue reading German Handelsblatt: PSA boss: Carlos Tavares takes over management of the transatlantic auto company Stellantis001122
World NM: Baidu unlikely to sell vehicles to individuals000749
Baidu’s decision to produce cars have caused a stir in the capital and automotive markets, but the Chinese tech company is more likely to build robotaxi fleets than sell vehicles to individual customers. Baidu did not offer details on how its vehicles will be different than those from Tesla or any other gasoline car challenger… Continue reading World NM: Baidu unlikely to sell vehicles to individuals000749
TDK eyes $5bn push into electric vehicle batteries and clean energy
TOKYO — Japanese electronic parts manufacturers are making big investments to scale up output of components for electrified vehicles, seeking to establish a place in the coalescing supply chains for the rapidly growing field. TDK expects to budget more than 520 billion yen ($5.01 billion) over three years starting in April to boost production of batteries… Continue reading TDK eyes $5bn push into electric vehicle batteries and clean energy
Tesla strengthens its network in France
Posted on Jan 16, 2021, 11:19 AM And 18. Tesla will inaugurate, at the end of this first quarter, three new branches in France – in Chambéry, Mulhouse and Montpellier – which will be added to the already existing network. After the recent openings of Lille and Strasbourg, the manufacturer of electric vehicles is gaining… Continue reading Tesla strengthens its network in France
In Depth: Tesla powers on as rival EV makers scramble to compete in China
On New Year’s Day, Tesla lobbed a bomb into China’s electric vehicle market with the sudden announcement that it was dropping the price of its new Shanghai-made Model Y cars by 30%. The new starting price of 339,900 yuan ($52,550) was around 100,000 yuan less than the presale price announced in August. Showrooms were swamped,… Continue reading In Depth: Tesla powers on as rival EV makers scramble to compete in China
LG, Panasonic and Sony step up EV efforts
TOKYO — Asian companies highlighted their efforts to create cost-efficient and eco-friendly electric vehicle parts at CES, as the auto sector drew more notice at the world’s biggest consumer electronics and technology expo this week. “Our aim is to be one of the industry’s leading suppliers of automotive components and solutions,” said Brian Kwon, CEO of LG Electronics, at a Tuesday media… Continue reading LG, Panasonic and Sony step up EV efforts
BMW aims to double fully-electric vehicle sales in 2021
By Reuters Staff 2 Min Read FILE PHOTO: BMW i3 drives during electric car E-Rallye Baltica 2019 near Iecava, Latvia July 23, 2019. REUTERS/Ints Kalnins (Reuters) – BMW said on Friday that it aims to double its sales of fully-electric vehicles this year as the German carmaker and rivals race to release new models to… Continue reading BMW aims to double fully-electric vehicle sales in 2021