Category: Automotive

BMW: we won’t mass-produce electric cars until 2020, with cheaper cells

Follow John BMW sold more than 100,000 cars with plugs last year, adding together its battery-electric and plug-in hybrid models. That’s roughly on a par with Tesla, and ahead of both General Motors and Nissan, two other pioneers in modern electric cars. The company has put far more plug-in cars on the road to date… Continue reading BMW: we won’t mass-produce electric cars until 2020, with cheaper cells

BMW, Toyota venture units back lidar developer Blackmore

23 Mar 2018 US-based technology firm raises $18M in series B round aimed at ramping ‘long-range’ system for autonomous vehicles. Blackmore Sensors and Analytics, a Bozeman, Montana, firm working on lidar technology for future deployment in autonomous vehicles, says it has raised $18 million in a series B round of venture finance. Led by BMWi Ventures, and with… Continue reading BMW, Toyota venture units back lidar developer Blackmore

Car manufacturers despair of the new emission regulations: BMW also stops production of X5 and X6 gasoline

All articles and backgrounds 03/23/2018 Car manufacturers desperate for new emission regulations BMW also stops production of X5 and X6 petrol engines BMW BMW X5: From late May to early 2019 no longer available with gasoline engine For a year, the BMW 7 Series is in Europe not available as gasoline engine – This sales… Continue reading Car manufacturers despair of the new emission regulations: BMW also stops production of X5 and X6 gasoline

Ford partners with India’s Mahindra Group to build new electric vehicle

The latest step towards the large-scale transition to electric vehicles was signalled this week. Car giants Ford and the Mahindra Group have agreed to work together on developing a new EV for the huge Indian market, but potentially for sale elsewhere. The two companies signed five separate, non-binding memoranda of understanding (MoU) which will develop… Continue reading Ford partners with India’s Mahindra Group to build new electric vehicle

UPDATE 2-Nissan sees electric car sales surging to 1 mln annually by 2022

YOKOHAMA, Japan (Reuters) – Nissan Motor Co (7201.T) announced plans to sell 1 million electric vehicles (EVs) annually by 2022, a six-fold jump from what it sold last year, and said it had no plans to stop testing its self-driving cars on public roads, calling them safe. FILE PHOTO: The logo of Nissan is seen… Continue reading UPDATE 2-Nissan sees electric car sales surging to 1 mln annually by 2022

Vospers invests £12m in Exeter multi-franchise dealership

Vospers is investing £12m in a new multi-franchise site in Matford, Exeter to open in late 2018. The site will have a FordStore, showrooms for Ford, Mazda, Fiat, Jeep, and Alfa Romeo and a 28-bay workshop. There will also be four larger car and van bays for while u wait servicing, where two technicians will… Continue reading Vospers invests £12m in Exeter multi-franchise dealership

200,000 electric audis until 2021: Audi CEO Stadler sets high electrical targets

All articles and backgrounds 03/23/2018 200,000 electric audis until 2021 Audi CEO Stadler sets high electrical targets Audi Audi A8: In the future only electric? The Ingolstadt-based car manufacturer Audi Show stock market chart wants to sell significantly more electric cars in the next few years than previously known. “We want to sell around 200,000… Continue reading 200,000 electric audis until 2021: Audi CEO Stadler sets high electrical targets

Jim Ratcliffe’s battle plan for his own Land Rover Defender

Jim Ratcliffe, the billionaire chemicals tycoon, is nearing a decision on where to build his new alternative to the Land Rover Defender — with two sites in Britain still in the running. The £700m project is expected to create 1,000 direct jobs and support possibly 5,000 more in the supply chain. A team of 200… Continue reading Jim Ratcliffe’s battle plan for his own Land Rover Defender

Vietnam: Singapore’s Insignia Ventures invests $600K in truck platform LOGIVAN

March 23, 2018 Singapore-based Insignia Ventures Partners, founded by former Sequoia Capital venture partner Yinglan Tan, has invested $600,000 in Vietnamese freight-with-trucker connecting platform LOGIVAN. Linh Pham, Founder of LOGIVAN confirmed the investment with DEALSTREETASIA in an interaction. She told the portal that the newly-raised capital will enable it to expand to Ho Chi Minh… Continue reading Vietnam: Singapore’s Insignia Ventures invests $600K in truck platform LOGIVAN