New rules coming into force today (1 July) dictate that all new fully electric vehicles must be fitted with an audible warning device to aid safety. In response to concerns that EVs pose a risk to pedestrians at low speed, the new ‘Regulation on the Sound Level of Motor Vehicles’ calls for silent vehicles to… Continue reading All electric cars to have pedestrian warning noise
Tag: Mitsubishi
AM100 newcomer Richmond Motor Group acquires Sparshatts Group
Richmond Motor Group has completed the acquisition of Sparshatts Group less than a fortnight after being named as the highest-placed newcomer to the AM100 ranking of the UK largest franchised car retailers. The Portsmouth-based group said in a statement issued today (July ) that the deal, which was brokered by MotorVise (Automotive) Ltd, would see… Continue reading AM100 newcomer Richmond Motor Group acquires Sparshatts Group
Toyota to invest $2b in developing electric vehicles in Indonesia
Toyota Motor Corp plans to invest $2 billion to develop electric vehicles (EVs) in Indonesia over the next four years, starting with hybrid vehicles, Indonesia’s coordinating ministry for maritime affairs said. “From 2019 to 2023, we will progressively increase our investment to 28.3 trillion rupiah ($2 billion),” Toyota president Akio Toyoda was quoted as saying in a… Continue reading Toyota to invest $2b in developing electric vehicles in Indonesia
Mitsubishi Motors to relocate North America HQ from California to Tennessee
Mitsubishi Motors announced on Tuesday that it is relocating its North America headquarters from California to Tennessee, a move that will bring the Japanese automaker closer to its sister company Nissan and strengthen Tennessee’s growing reputation as an epicenter of the automotive sector.Bill Lee and Department of Economic and Community Development Commissioner Bob Rolfe — who made the announcement with Mitsubishi Motors North America — say the headquarters move from Cypress, California, to Franklin, Tennessee, will result in an $18.25 million investment in the region and approximately 200 jobs.It is unclear what financial incentives state officials offered Mitsubishi to move to Tennessee.
Alliance Ventures | Jun 27th 2019ALLIANCE VENTURES INVESTS IN THE MOBILITY HOUSE TO BOOST ELECTRIC MOBILITY Read more
PRESS RELEASE – Paris/Munich, June 27, 2019 Alliance Ventures, the strategic venture capital arm of Renault-Nissan-Mitsubishi, announces an investment in The Mobility House, a technology company that provides a platform for integrating vehicle batteries into power grids using intelligent charging, energy and storage solutions. That investment is the latest by Alliance Ventures in start-up, early-stage… Continue reading Alliance Ventures | Jun 27th 2019ALLIANCE VENTURES INVESTS IN THE MOBILITY HOUSE TO BOOST ELECTRIC MOBILITY Read more
APPOINTMENTS TO THE EXECUTIVE COMMITTEE OF RCI BANK AND SERVICES
RCI Bank and Services is changing its organization structure. It has created a Group Compliance Division, effective from July 1, 2019. Jean-Louis Labauge has been appointed Chief Compliance Officer and a member of the Executive Committee. He reports to Bruno Kintzinger, CEO. Frédéric Schneider has been appointed Vice President, Sales and Marketing of… Continue reading APPOINTMENTS TO THE EXECUTIVE COMMITTEE OF RCI BANK AND SERVICES
ALLIANCE VENTURES INVESTS IN THE MOBILITY HOUSE TO BOOST ELECTRIC MOBILITY
Paris/Munch, June 27 2019 – Alliance Ventures, the strategic venture capital arm of Renault-Nissan-Mitsubishi, announces an investment in The Mobility House, a technology company that provides a platform for integrating vehicle batteries into power grids using intelligent charging, energy and storage solutions. That investment is the latest by Alliance Ventures in start-up, early-stage development… Continue reading ALLIANCE VENTURES INVESTS IN THE MOBILITY HOUSE TO BOOST ELECTRIC MOBILITY
China’s Didi Chuxing to expand partnership with automaker GAC Group
Chinese ride-hailing giant Didi Chuxing said on Wednesday it would expand its partnership with Guangzhou Automobile Group Co Ltd (GAC Group) to areas such as ride-hailing operations and autonomous driving. China’s largest ride-hailing firm and Guangzhou-based GAC Group will work on fleet expansion and management, development of new mobility products, and collaboration on smart driving,… Continue reading China’s Didi Chuxing to expand partnership with automaker GAC Group
In Japan, Nissan shareholders have rallied against … the French
Hiroto Saikawa will have finally had a good day. The CEO of Nissan, whose the future at the helm of the company is increasingly questioned , had planned to let its shareholders express their annoyance at the general meeting. Since the fall of Carlos Ghosn, the value of their shares has plummeted by 30% over… Continue reading In Japan, Nissan shareholders have rallied against … the French
Between Fiat and Renault, the fragrance of the wedding still floats in the air
His clan supports him. Fifteen days after the night withdrawal of its offer of merger between Fiat Chrysler (FCA) and Renault Last week, John Elkann received the support of his family at the general meeting of Giovanni Agnelli BV, the annual grandmother of the family holding company. The Renault project is his idea, and “it… Continue reading Between Fiat and Renault, the fragrance of the wedding still floats in the air