Herbert Diess, CEO of German carmaker Volkswagen AG talks to members of Greenpeace ahead of the Munich Motor Show IAA Mobility 2021, in Munich, Germany, September 5, 2021. REUTERS/Jan Schwartz Diess speaks ahead of Munich car show Shift towards electric vehicles was “kind of easy” 15% of Volkswagen’s business will be mobility services MUNICH, Sept… Continue reading Change SuiteVolkswagen CEO: smart cars, not e-cars, are ‘gamechanger’8:15 PM UTC
Tag: Mobility
Auto shows are back and automakers have wheeling-and-dealing to do
When automotive chieftains collect in Munich this week for Europe’s first main automotive present in two years, they’ll do extra than simply raise the veil on shiny sheet steel. These are events the place large offers have a tendency to get achieved. Consider one of many final occasions the auto world descended on a European… Continue reading Auto shows are back and automakers have wheeling-and-dealing to do
China ride-hailer Caocao Chuxing receives billions of yuan in funding
BEIJING — Caocao Chuxing, the ride-hailing arm of automaker Geely, took in billions of yuan (a nine-figure dollar amount) in a recent funding deal, a source told 36Kr. The investment is China’s first domestic equity deal in the ride-hailing industry this year. Hangzhou Youxing Technology, which operates Caocao Chuxing, adjusted its share structure on Aug.… Continue reading China ride-hailer Caocao Chuxing receives billions of yuan in funding
World NM: Toyota plots green transport revolution in Derby001555
The programme is hoped to eventually encompass everything from driverless buses to scooters to autonomous cars Initially targeting this year’s intake of 10,000 students at Derby University and College, it is hoped that the company’s programme will eventually encompass everything from bicycles and scooters to autonomous cars. The test is being funded from the Government’s… Continue reading World NM: Toyota plots green transport revolution in Derby001555
Didi denies reports that Beijing city is coordinating firms to invest in it
China’s ride hailing giant Didi Global Inc said on Saturday that media reports that the Beijing city government is coordinating companies to invest in it are not correct. “Didi is currently actively and fully cooperating with cybersecurity probe, foreign media reports that Beijing city government is coordinating companies to invest in it are incorrect,” it said on Weibo. Bloomberg News reported on Friday, citing unidentified people familiar with the matter, that China’s capital city was considering taking Didi under state control and… Continue reading Didi denies reports that Beijing city is coordinating firms to invest in it
Mercedes-Benz takes another shot at launching an electric SUV in the US
Just months after Mercedes-Benz launched its first true compact electric SUV, the EQA, the German automaker now has a slightly larger and more capable companion: the EQB. Revealed in full today at the 2021 IAA Mobility show in Germany, the company will start building the EQA in Hungary and China this month, and it will… Continue reading Mercedes-Benz takes another shot at launching an electric SUV in the US
@FCA: Comella Drives ’68 Cuda to Victory at 20th Anniversary Dodge HEMI® Challenge
September 4, 2021 , Indianapolis, IN – The 20th anniversary edition of the Dodge HEMI® Challenge saw a new winner crowned at Lucas Oil Raceway as a determined Steve Comella drove his 1968 Plymouth Barracuda from a runner-up finish in last year’s event to earn his first victory at longest running, continuous, specialty race in National… Continue reading @FCA: Comella Drives ’68 Cuda to Victory at 20th Anniversary Dodge HEMI® Challenge
NTU Singapore and Hyundai to explore 3D printing for EV production
Nanyang Technological University Singapore (NTU Singapore) and automotive manufacturer Hyundai Motor Group are partnering to carry out four pilot projects exploring how 3D printing and artificial intelligence (AI) can transform the manufacturing of electric vehicles (EVs). The joint research projects will focus on leveraging 3D printing for the production of customized components for EVs and… Continue reading NTU Singapore and Hyundai to explore 3D printing for EV production
@GM: General Motors and TELUS Redefine Automotive Connectivity for Canadian Customers
General Motors and TELUS Redefine Automotive Connectivity for Canadian Customers Multi-year agreement to provide Canadian drivers with the ultimate in connected car technology backed by world-leading connectivity 2021-09-01 Oshawa, ON and Vancouver (September 1, 2021) –GM Canada and TELUS are working together to connect GM’s next-generation vehicles to TELUS’ 5G network. This represents the first… Continue reading @GM: General Motors and TELUS Redefine Automotive Connectivity for Canadian Customers
Elon Musk says Tesla (TSLA) is worth $3,000 a share ‘if they execute really well’
Elon Musk told employees that he agrees with Ark Invest that Tesla (TSLA) is worth $3,000 a share “if they execute really well.” The CEO has often commented on Tesla’s stock price, but surprisingly, it was often to say that the price was too high. In 2020, when Tesla’s stock was reaching new high, Musk… Continue reading Elon Musk says Tesla (TSLA) is worth $3,000 a share ‘if they execute really well’