By Johannes Hellstrom, Yilei Sun 2 Min Read STOCKHOLM/BEIJING (Reuters) – Swedish truck maker Scania, a unit under Volkswagen AG’s commercial vehicle arm Traton SE, has bought a truck company in China to start making vehicles for the first time in the world’s biggest auto market, it told Reuters. FILE PHOTO: The logo of Swedish… Continue reading Sweden’s Scania to start making trucks in China after acquisition
Tag: Volvo
Daimler, Geely mull China as production hub for hybrid powertrains
By Reuters Staff 2 Min Read FILE PHOTO: The Daimler logo is seen before the carmaker’s annual shareholder meeting in Berlin, Germany, April 5, 2018. REUTERS/Hannibal Hanschke/ FRANKFURT (Reuters) – Daimler AG DAIGn.DE and Geely Holding on Friday said China could emerge as a manufacturing and export hub for hybrid powertrains jointly developed for Volvo… Continue reading Daimler, Geely mull China as production hub for hybrid powertrains
Mobileye taps Luminar to supply lidar for its robotaxi fleet
Luminar, the buzzy sensor startup that is on the verge of becoming a publicly traded company, locked in a supplier deal to furnish Intel subsidiary Mobileye with lidar for its fleet of autonomous vehicles. The deal, announced Friday, will see a rising star paired with a company that has long dominated the automotive industry. While… Continue reading Mobileye taps Luminar to supply lidar for its robotaxi fleet
Luminar to supply lidar sensors for Mobileye’s self-driving fleet
By Paul Lienert 2 Min Read (Reuters) – Luminar Technologies, the self-driving sensor startup that is about to go public, said on Friday that it will supply laser-based lidar sensors to Intel Corp’s INTC.O Mobileye subsidiary for its test fleet of self-driving vehicles. FILE PHOTO: The logo of Israeli technology firm Mobileye is seen on… Continue reading Luminar to supply lidar sensors for Mobileye’s self-driving fleet
@Daimler: 20. Nov 2020Daimler AG, Geely Holding Group and its subsidiary brands to join forces on a highly efficient powertrain system specified […]
November 20, 2020 – Daimler AG and Geely Holding, the respective parent companies of Mercedes-Benz AG and Volvo Cars, have launched plans to collaborate on developing highly efficient powertrain systems for next-generation hybrid vehicle applications. The cooperation is expected to see the companies work together on hybrid powertrain solutions to enhance their global competitiveness and… Continue reading @Daimler: 20. Nov 2020Daimler AG, Geely Holding Group and its subsidiary brands to join forces on a highly efficient powertrain system specified […]
@Geely-Volvo: Volvo Cars “ultimate driving simulator” uses latest gaming technology to develop safer cars
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German Handelsblatt: Daimler and Geely: “Horus” secret project: the Chinese will build Mercedes engines on a grand scale in future 000788
Engine production at Mercedes The DAX group Daimler and its Chinese shareholder Geely want to leverage synergies in production. (Photo: dpa) Munich, Frankfurt When Geely founder Li Shufu spectacularly secured almost ten percent of the shares in Daimler at the beginning of 2018, the reservations in Stuttgart were great. The new major shareholder from the… Continue reading German Handelsblatt: Daimler and Geely: “Horus” secret project: the Chinese will build Mercedes engines on a grand scale in future 000788
Laser focus on costs has brightened the 2021 outlook for stocks
Businesses have slashed expenses materially this year to cope with the fallout of pandemic-induced shutdowns. By Sam Unsted Corporate profits around the globe comfortably topped expectations in the third quarter, helped in no small part by cost cuts, and optimism is growing that earnings momentum will carry on in 2021 even if the bar to… Continue reading Laser focus on costs has brightened the 2021 outlook for stocks
Daimler to revamp China plant to make Actros trucks as sales surge
By Yilei Sun, Brenda Goh 3 Min Read BEIJING (Reuters) – Germany’s Daimler AG DAIGn.DE and its China commercial vehicle partner Beiqi Foton Motor Co 600166.SS plan to invest 2.75 billion yuan ($415.32 million) to build Mercedes-Benz-branded Actros heavy trucks for the first time in China, a document showed. FILE PHOTO: The Daimler logo is… Continue reading Daimler to revamp China plant to make Actros trucks as sales surge
Inside the industry: Self-driving tech is beset with difficulties
Perhaps the most complex challenge facing the car industry today is vehicle autonomy, the path to achieving it and the motivations for doing so. To most, the end goal isn’t in question; a utopia of zero accidents is too compelling for legislators to ignore and the rewards of success (this is an industry estimated to be… Continue reading Inside the industry: Self-driving tech is beset with difficulties