Flat fare? Dodgy meter blocks rollout of London’s electric cabs

Automotive industry Flat fare? Dodgy meter blocks rollout of London’s electric cabs Zero-emission TX eCity cab can’t ply for hire until problem is sorted … and don’t get cabbies started on the lack of charging points Be lucky? Not likely. LEVC’s TX4 eCity has an iffy meter which makes trade as flat as January, the… Continue reading Flat fare? Dodgy meter blocks rollout of London’s electric cabs

Ferrari Announces An All-Electric Supercar Is Coming

Head honcho Sergio Marchionne says it will be the first of its kind, though it has been done before. A Ferrari without a combustion engine already exists in the shape of the all-electric 308 GTS pictured here, but it didn’t come like that straight from Maranello. If you’re keen on the idea of buying a… Continue reading Ferrari Announces An All-Electric Supercar Is Coming

Self-driving car startup Pony.ai raises $112m led by Legend Capital, Morningside

January 16, 2018 Autonomous driving technology firm Pony.ai, a startup co-located in Silicon Valley and in China’s Guangzhou, announced that it has raised $112 million in series A funding round co-led by Morningside Venture Capital and Legend Capital. Sequoia Capital China and investor IDG Capital also participated in the round, along with Hongtai Capital, Legend… Continue reading Self-driving car startup Pony.ai raises $112m led by Legend Capital, Morningside

Reinvent or die: Fiat CEO to car companies

Marchionne has witnessed major changes already leading Fiat for almost 14 years, overseeing the combination with Chrysler in 2014 and the 2016 spinoff of Ferrari DETROIT: Sergio Marchionne, one of the longest-serving CEOs in the automotive industry, has a blunt warning: Carmakers have less than a decade to reinvent themselves or risk being commoditised amid… Continue reading Reinvent or die: Fiat CEO to car companies

BMW wants to grow stronger in 2018: BMW expects sales growth of up to 5 percent

All articles and backgrounds 01/15/2018 BMW wants to grow stronger in 2018 BMW Group sold 2.46 million cars last year BMW BMW X2: In the US, the X-series is very popular. With her, BMW wants to make the U-turn in the current year BMW Show stock market chart expects further growth for 2018. The sales… Continue reading BMW wants to grow stronger in 2018: BMW expects sales growth of up to 5 percent

Adapt or Die Is Marchionne’s Stark Farewell Message to Carmakers

Sergio Marchionne, one of the longest-serving CEOs in the automotive industry, has a blunt warning: Carmakers have less than a decade to reinvent themselves or risk being commoditized amid a seismic shift in how vehicles are powered, driven and purchased. Developing technologies like electrification, self-driving software and ride-sharing will alter consumers’ car-buying decisions within six… Continue reading Adapt or Die Is Marchionne’s Stark Farewell Message to Carmakers

Electric offensive as in VW – even pick-up F-150 as a hybrid: Ford wants to invest 11 billion dollars in e-cars

01/15/2018 Electric offensive as in VW – also pick-up F-150 as a hybrid Ford wants to invest 11 billion dollars in e-cars ford Rethink: Also PS monster like the F-150 Ford wants to offer in the future as a hybrid vehicle The second largest US automaker Ford ill will massively increase its involvement in electric… Continue reading Electric offensive as in VW – even pick-up F-150 as a hybrid: Ford wants to invest 11 billion dollars in e-cars

Ford Goes ‘All In’ on Electric Cars

Ford Motor Co. will more than double spending on electrified vehicles, amplifying its investment in a segment that the auto industry sees growing from what’s now just a fraction of the market. The carmaker will shell out $11 billion bringing 40 electrified vehicles to market by 2022, Jim Farley, president of global markets, said during… Continue reading Ford Goes ‘All In’ on Electric Cars

UPDATE 3-Ford plans $11 billion investment, 40 electrified vehicles by 2022

DETROIT (Reuters) – Ford Motor Co (F.N) will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the Detroit auto show. The investment figure is sharply higher than a previously announced target… Continue reading UPDATE 3-Ford plans $11 billion investment, 40 electrified vehicles by 2022

Ford Doubling Electric Vehicle Spending to $11 Billion by 2022

Ford Motor Co. will more than double spending on electrified vehicles, amplifying its investment in a segment that still comprises a fraction of the auto market. The carmaker will shell out $11 billion by 2022, Jim Farley, president of global markets, said during a presentation at the Detroit auto show. That’s up from the $4.5… Continue reading Ford Doubling Electric Vehicle Spending to $11 Billion by 2022