Ford is increasing its investment in electric and autonomous vehicles to $29 billion, the company’s top executives said in an earnings call Thursday. The automaker had previously committed to spend $11.5 billion on electrifying its vehicle lineup through 2022. Now, Ford says it will spend double that amount, while extending the timeline to 2025. The… Continue reading Ford is more than doubling its investment in electric and autonomous vehicles to $29 billion
Tag: VW
@VW Group: New Bugatti Showroom Breaks Ground in Southern California
Bugatti is pleased to announce the groundbreaking of the new Bugatti Newport Beach showroom and service center in Irvine, California. Led by Dealer Principal Pietro Frigerio, Bugatti Newport Beach is set to open its new location in 2022 and will offer the world-class Bugatti experience customers have come to expect from the historic French marque.… Continue reading @VW Group: New Bugatti Showroom Breaks Ground in Southern California
@VW Group: Blume: “The pandemic reveals who’s done their homework“
It has become noticeably quieter than usual in front of the Porsche headquarters in Stuttgart, with strict work from home rules resulting in empty offices and deserted car parks. Despite this, Porsche CEO Oliver Blume is in the office for this interview – in a large meeting room on the first floor of the administrative… Continue reading @VW Group: Blume: “The pandemic reveals who’s done their homework“
@VW Group: Porsche Taycan races into the record books
Brands Hatch is no stranger to historic feats of endurance from Porsche. In April 1970, a 917 in the hands of Pedro Rodriguez and Leo Kinnunen won the rain-soaked 1,000-kilometre race by an incredible five laps. And in July 1984, Porsche claimed the top six places at the same event, with victory going to the… Continue reading @VW Group: Porsche Taycan races into the record books
@VW Group: Personalised recommendations using artificial intelligence
The Porsche Newsroom is a service provided by the Porsche Communication for journalists, bloggers and the online community. © 2021 Dr. Ing. h.c. F. Porsche AG * Data determined in accordance with the measurement method required by law. Since 1 September 2017 certain new cars have been type approved in accordance with the Worldwide Harmonised Light Vehicles… Continue reading @VW Group: Personalised recommendations using artificial intelligence
@VW Group: Audi site Neckarsulm: next steps to fully connected factory
Making systematic progress toward the fully connected factory: Audi’s Neckarsulm site is the first automotive plant in the Volkswagen Group to use RFID (radio-frequency identification) technology for vehicle identification throughout the entire production process, thereby laying another cornerstone for fully connected production. An enhanced RFID data carrieris being used for the first time in the… Continue reading @VW Group: Audi site Neckarsulm: next steps to fully connected factory
Electric vehicle sales surge in EU amid Covid slump
Renault’s Zoe hatchback took poll position thanks to strong sales in France and Germany in particular, with nearly 100,000 sold last year on 23 key European markets Paris: Demand for electric vehicles soared in the EU last year as buyers took advantage of government subsidies for clean cars aimed at helping manufacturers weather the unprecedented… Continue reading Electric vehicle sales surge in EU amid Covid slump
Luokung Announces Partnership Between EMG and Leading Electric Vehicle Manufacturer BAIC BJEV to Jointly Develop Mapping Services for Autonomous Driving
BEIJING, Feb. 4, 2021 /PRNewswire/ — Luokung Technology Corp. (NASDAQ: LKCO) (“Luokung” or the “Company”), a leading interactive location-based services company in China, today announced that its previously announced acquisition candidate, eMapgo Technologies (Beijing) Co., Ltd. (“EMG”) and Beijing New Energy Automobile Co., Ltd. (BAIC BluePark New Energy Technology Co., Ltd., Ticker: 600733.SH) (“BAIC BJEV”)… Continue reading Luokung Announces Partnership Between EMG and Leading Electric Vehicle Manufacturer BAIC BJEV to Jointly Develop Mapping Services for Autonomous Driving
Microchip Shortage Stunts GM’s Assembly Plant Production
General Motors will shutdown or reduce production at four of its global assembly plants beginning the week of Feb. 8, 2021 due to the ongoing automotive semiconductor shortage, according to the automaker. GM said it will close down its assembly plants in Fairfax, Kansas; Ingersoll, Ontario; and San Luis Potosi, Mexico. The automaker said it… Continue reading Microchip Shortage Stunts GM’s Assembly Plant Production
Daimler to spin off truck unit, give clear investor focus on Mercedes-Benz
By Nick Carey 2 Min Read (Reuters) – German carmaker Daimler plans to spin-off Daimler Truck, the world’s largest truck and bus maker, as it seeks to increase its investor appeal as a focused electric, luxury car business. FILE PHOTO: Ola Kaellenius, chairman of Daimler AG attends the presentation of the new Mercedes-Benz S-Class at… Continue reading Daimler to spin off truck unit, give clear investor focus on Mercedes-Benz