Audi reportedly in ‘advanced talks’ with Chinese state-owned SAIC Motor to buy EV platform

The rumor mill is gaining momentum in China as two more sources have shared new details of Audi’s alleged plans to source its next EV platform from an OEM overseas. Chinese-state owned SAIC Motor appears to be the current frontrunner as discussions with Audi are reportedly advancing and pertain to the former’s luxury sub-brand IM… Continue reading Audi reportedly in ‘advanced talks’ with Chinese state-owned SAIC Motor to buy EV platform

NIO CEO cites Tesla’s warm welcome in China as it demands equal access from US gov’t

As an American automaker, Tesla continues to grow its production footprint (and sales sheet) in China, but the same opportunities are not currently available to Chinese EV automakers, like NIO, hoping to enter the US market. NIO CEO William Li hopes that will soon change as both he and Elon Musk stress the need for… Continue reading NIO CEO cites Tesla’s warm welcome in China as it demands equal access from US gov’t

Geely, Renault to build powertrain joint venture

Geely showcases one of its methanol trucks at the 5th Methanol Vehicles and Fuel Application Equipment Exhibition held in Beijing from June 15 to 16, 2023. [Photo provided to chinadaily.com.cn] Geely said on Tuesday it has signed a binding agreement with Renault to build a powertrain technology company that will offer products to both of… Continue reading Geely, Renault to build powertrain joint venture

German Manager Magazin: Bosch: The world’s largest automotive supplier invests billions of euros in hydrogen and starts series production002603

The technology company Bosch wants to become a major player in the future hydrogen market and is pushing politicians in Europe to promote more climate-friendly technology. With investments of 2.5 billion euros in the period from 2021 to 2026, the foundation group from Stuttgart is using several levers: the fuel cell drive for trucks, the… Continue reading German Manager Magazin: Bosch: The world’s largest automotive supplier invests billions of euros in hydrogen and starts series production002603

Intelligent Evolution Strategies of Global and Chinese Automakers: Modular Platforms and Technology Planning

DUBLIN, July 13, 2023 /PRNewswire/ — The “Global and Chinese Automakers’ Modular Platform and Technology Planning Research Report, 2023” report has been added to ResearchAndMarkets.com’s offering. This report explores the significance of modular platform architectures in new energy vehicles and the intelligent evolution strategy of automakers. It analyzes the planning of international automakers, Chinese conventional automakers, and… Continue reading Intelligent Evolution Strategies of Global and Chinese Automakers: Modular Platforms and Technology Planning

German Handelsblatt: Truck manufacturer: Daimler Truck wants to grow by 60 percent and establish new combustion engines007264

Den Ort des ersten Kapitalmarkttags seit knapp zwei Jahren hat Daimler Truck bewusst ausgesucht. Der Dax-Konzern lud am Dienstag in das einst größte Elektrizitätswerk der Welt in Boston. „Daimler Truck treibt die Transformation zu nachhaltigen Antrieben voran“, sagte Konzernchef Martin Daum vor rund 50 Analysten und Reportern. „Wir haben einen klaren Plan. Und wir wollen,… Continue reading German Handelsblatt: Truck manufacturer: Daimler Truck wants to grow by 60 percent and establish new combustion engines007264

Autonomous Vehicles Market to grow at a CAGR of 38.45% from 2022 to 2027 | Historical and current forecast analysis research report-Technavio

NEW YORK, July 13, 2023 /PRNewswire/ — The autonomous vehicles market size is estimated to grow by USD 319.41 billion between 2022 and 2027 accelerating at a CAGR of 38.45% during the forecast period., according to the latest research report from Technavio. Discover Auto Parts & Equipment industry potential and make informed business decisions based… Continue reading Autonomous Vehicles Market to grow at a CAGR of 38.45% from 2022 to 2027 | Historical and current forecast analysis research report-Technavio

Global Flying Cars Market Set to Reach USD 17.84 Bn By 2030 | Dataintelo

PUNE, India, July 10, 2023 /PRNewswire/ — According to a market study published by Dataintelo, titled, “Global Flying Cars Market By Type, By Application, By Components, By System, By Technology, By End User, and Region: Size, Share, Trends and Opportunity Analysis, 2022-2030,” the market size was USD 1.9 Bn in 2020 and is anticipated to… Continue reading Global Flying Cars Market Set to Reach USD 17.84 Bn By 2030 | Dataintelo