VW’s Traton Group strikes a deal with TuSimple to develop autonomous trucks

The Traton Group, Volkswagen AG’s heavy-truck business, has taken a minority stake in TuSimple as part of an agreement between the two companies to develop self-driving trucks. Neither company disclosed the financial terms of the partnership or the percentage of the minority stake. Traton did make a direct capital investment into TuSimple, according to one… Continue reading VW’s Traton Group strikes a deal with TuSimple to develop autonomous trucks

The TRATON GROUP and TuSimple Agreed on Global Partnership for Autonomous Trucks

“The global partnership with TuSimple is another step towards becoming a Global Champion. Innovative future technologies that provide additional value to our customers represent a key part of our strategy,” said Matthias Gründler, Chief Executive Officer at TRATON GROUP. The first test vehicles underway are aiming for Level 4 (high automation). TuSimple has already been… Continue reading The TRATON GROUP and TuSimple Agreed on Global Partnership for Autonomous Trucks

@VW Group: NEWSROOM: How Volkswagen is helping diverse suppliers find their footing

Sep 22, 2020 Automakers may be fierce competitors on the showroom floors and production lines, but in one critical area they share a common goal: working to equip diverse suppliers to help build the future of electric mobility and autonomous cars. The Automotive Industry Group (AIG)—a coalition of industry competitors including Volkswagen Group of America—works… Continue reading @VW Group: NEWSROOM: How Volkswagen is helping diverse suppliers find their footing

Aurora Labs Raises $23M in Series B Funding

Aurora Labs, a Tel Aviv, Israel-based provider of self-healing software for connected cars, secured $23m in Series B funding. The round was led by LG Technology Ventures, the investment arm of the LG Group, and Marius Nacht, co-founder of Check Point Software Technologies. Porsche SE, majority owner of the VW group which includes Volkswagen, Audi,… Continue reading Aurora Labs Raises $23M in Series B Funding

German Manager Magazin: Tesla Battery Day: Elon Musk slows down battery euphoria000153

Tesla-Boss Elon Musk (49) tried to curb the self-generated hype about the “Battery Day” he staged. The event, which was already announced for Tuesday in 2019, had aroused great expectations. Tesla’s share price had also risen against the market at the beginning of the week, the company is now around four and a half times… Continue reading German Manager Magazin: Tesla Battery Day: Elon Musk slows down battery euphoria000153

@VW Group: Electrify America and Volkswagen of America announce agreement providing unlimited charging plan for owners of the all-new 2021 ID.4 electric SUV

Sep 21, 2020 2021 VW ID.4 customers will receive three years of unlimited charging¹ on Electrify America’s nationwide network of ultra-fast chargers at no additional cost to the vehicle’s purchase price Herndon, VA — Volkswagen of America, Inc. announced an agreement with Electrify America today to provide owners of the all-new 2021 VW ID.4 electric SUV… Continue reading @VW Group: Electrify America and Volkswagen of America announce agreement providing unlimited charging plan for owners of the all-new 2021 ID.4 electric SUV

China’s Didi, BYD to launch co-designed ride-hailing EV this year

China’s ride-hailing giant Didi Chuxing and electric vehicle maker BYD plan to launch this year a test batch of a vehicle they have designed for ride-hailing services, people familiar with the matter said. BYD received approval from China’s Ministry of Industry and Information Technology to sell an electric sedan model called D1 last month, according to government… Continue reading China’s Didi, BYD to launch co-designed ride-hailing EV this year

China’s Didi, BYD to launch co-designed ride-hailing EV: sources

By Yilei Sun, Brenda Goh 3 Min Read Slideshow ( 2 images ) BEIJING (Reuters) – China’s ride-hailing giant Didi Chuxing and electric vehicle maker BYD plan to launch this year a test batch of a vehicle they have designed for ride-hailing services, people familiar with the matter said. BYD received approval from China’s Ministry… Continue reading China’s Didi, BYD to launch co-designed ride-hailing EV: sources

Under the skin: The Octopus that’s helping Bentley’s sustainability

Electric drive units (EDUs) – integrating motors, electronics and transmissions into a single, compact drivetrain – are for making sure the various elements work together as efficiently as possible. With the Octopus research study (it stands for optimised components, test and simulation, toolkits for powertrains which integrate ultra high-speed motor solutions), Bentley and its 15… Continue reading Under the skin: The Octopus that’s helping Bentley’s sustainability

German FAZ: Corona lets the bus market collapse000242

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