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 […]

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

Electric Lotus SUV due in 2022 with 750bhp, 360-mile range

Lotus is already far into the development of one of the most important models in its history: an SUV tasked with generating sales volumes the British marque has never seen before. It’s the key component in Chinese parent company Geely’s commitment to “restoring Lotus into being a leading global luxury brand”. Autocar has learned that… Continue reading Electric Lotus SUV due in 2022 with 750bhp, 360-mile range