According to those in the industry, and researchers too, driverless cars will totally revolutionize the way we think about individual transport. They will change the way we work and rest. They could herald the end of traffic jams, and have the potential to change the lives of disabled people, to give a few examples. But… Continue reading As Cars Become Increasingly Driverless, People Are Already Seeking Analogue Motoring Experiences – Singularity Hub
Tag: VW
Awake at the wheel: Automakers tap VR to banish boredom in autonomous cars
SHANGHAI (Reuters) – Audi, Nissan and other car makers are banking on talking cartoon characters and other virtual reality experiences to keep drivers and other occupants of future autonomous vehicles entertained, auto industry executives said. A screen shows Audi China President Thomas Owsianski as he introduces Audi connect, an open app ecosystem, at the CES… Continue reading Awake at the wheel: Automakers tap VR to banish boredom in autonomous cars
Volkswagen to float 10% of truck unit, seeks to raise 1.9 billion euros
FRANKFURT (Reuters) – Volkswagen aims to raise up to 1.9 billion euros ($2.1 billion) by listing truck unit Traton, it said on Friday, scaling back earlier ambitions to list up to a quarter of the unit by opting to float a 10% stake. FILE PHOTO: The logo of Volkswagen carmaker is seen at the entrance… Continue reading Volkswagen to float 10% of truck unit, seeks to raise 1.9 billion euros
Volkswagen aims to raise 1.9 billion euros from truck unit IPO
FILE PHOTO: The logo of Volkswagen carmaker is seen at the entrance of a showroom in Nice, France, April 8, 2019. REUTERS/Eric Gaillard/File Photo FRANKFURT (Reuters) – Volkswagen said on Friday that it aims to raise up to 1.9 billion euros ($2.1 billion) by floating a stake of at least 10% in its Traton trucks… Continue reading Volkswagen aims to raise 1.9 billion euros from truck unit IPO
Mate Rimac Presents Rimac Automobili Episode 3: Video
Here is how the Rimac C_Two all-electric hypercar is developed in Croatia with heavy use of software simulations. The third part of the Rimac Automobili factory tour with Mate Rimac presents the design, engineering and the development of the upcoming C_Two hypercar. Once again it’s awesome to see how the top electric cars arise from… Continue reading Mate Rimac Presents Rimac Automobili Episode 3: Video
European lithium projects gain attention amid push toward electric vehicles
SANTIAGO (Reuters) – European lithium projects are making a fresh push for capital, eager to supply the white metal to a burgeoning network of battery manufacturers and electric vehicle makers across the continent, the world’s second-largest EV market after China. A regional EV supply chain would help achieve European Union goals to lower carbon emissions,… Continue reading European lithium projects gain attention amid push toward electric vehicles
VW boss Diess wants to expand cooperation with Ford – even with electric cars: “VW is very strongly influenced by Chinese – we need a counterweight in the US”
DPA “We need a counterbalance in the US”: Ford CEO Jim Hackett (r) and Volkswagen CEO Herbert Diess know each other well, they agreed at the beginning of the year, together to develop vans and mid-sized pick-ups The speculation about a close cooperation of Volkswagen and ford Autonomous driving and electric car technology have been… Continue reading VW boss Diess wants to expand cooperation with Ford – even with electric cars: “VW is very strongly influenced by Chinese – we need a counterweight in the US”
Car manufacturers are the largest customer group: weakness of the German car industry also reaches BASF
DPA Paint inspection at Porsche: With a sales share of just under 20 percent, car manufacturers are one of BASF’s most important customers The flagging automobile industry makes the German chemical giant BASF Show stock market chart to accomplish. In the Coatings division, up to 200 jobs will be cut at the Münster site by… Continue reading Car manufacturers are the largest customer group: weakness of the German car industry also reaches BASF
Northvolt Raises $1 Billion: Announces JV With Volkswagen
Northvolt raised €900 million for its first lithium-ion cell gigafactory in Sweden and together with Volkswagen, plans a 50/50 JV for a second gigafactory in Germany June 12, 2019 was a big day for Northvolt, which completed a huge €900 million ($1 billion) equity capital raise, led by Volkswagen Group and Goldman Sachs Merchant Banking… Continue reading Northvolt Raises $1 Billion: Announces JV With Volkswagen
Swedish battery maker secures $1bn funding for Europe’s first ‘gigafactory’
Swedish start-up Northvolt Wednesday (12 June) announced it had secured funding.In 2017 Northvolt announced plans for battery factory “Northvolt Ett”, to employ between 2000 to 2500 people and be located in Skelleftea, a coastal town in Sweden’s industrial north-east.In May, Volkswagen already announced it would spend close to €1 billion building a factory for battery cells in Salzgitter.