ANALYSIS-Electric shock: German auto stocks get a new lease of life

By Danilo Masoni, Thyagaraju Adinarayan 5 Min Read LONDON (Reuters) – Volkswagen and BMW’s plans to grab market share in the fast-growing electric car market and challenge Tesla could shift the dial for their cheaply priced shares. FILE PHOTO: The BMW iNEXT electric autonomous concept car is introduced during a BMW press conference at the… Continue reading ANALYSIS-Electric shock: German auto stocks get a new lease of life

Daimler Says Denza X Crossover’s Success Key To Chinese Brand’s Future – CarScoops

Daimler CEO Ola Kallenius stated that sales of the Denza X SUV in China will play a crucial role in the future of the brand. The German car manufacturer established Denza through a 50:50 joint venture with BYD and unveiled the production-spec Denza X SUV in late 2019. It is a sleek-looking vehicle using many… Continue reading Daimler Says Denza X Crossover’s Success Key To Chinese Brand’s Future – CarScoops

Daimler will shrink with shift to EVs, AVs, CEO says – Automotive News Europe

FRANKFURT — Daimler will be a smaller company five years from now, focused on capturing recurring revenues with software-based services as Mercedes-Benz seeks to redefine luxury in an era of electric and self-driving cars, CEO Ola Kallenius said. The company founded by Carl Benz, who patented the first gasoline-powered car in 1886, is accelerating plans… Continue reading Daimler will shrink with shift to EVs, AVs, CEO says – Automotive News Europe

@BMW: New operating system and additional digital services for the MINI 3-door, MINI 5-door and MINI Convertible.001004

Munich. Perfectly networked, always online, seamlessly integrated and always ready for typical MINI driving pleasure. This is how urban premium mobility presents itself in the digital age. Alongside the fresh, strikingly purist design and new equipment features, the extensively enhanced operating system with its additional digital services is a major highlight of the new editions… Continue reading @BMW: New operating system and additional digital services for the MINI 3-door, MINI 5-door and MINI Convertible.001004

Toyota invests in Chinese self-driving partner Momenta

TIANJIN, China — Toyota Motor has invested in Chinese autonomous-driving startup Momenta as part of a $500 million fundraising round, expanding the Japanese automaker’s development infrastructure in China as tensions between Beijing and the U.S. simmer. Momenta’s systems use deep learning to analyze information from a vehicle’s cameras and sensors and construct a map of its… Continue reading Toyota invests in Chinese self-driving partner Momenta

@Hyundai: Hyundai and Shell sign new agreement to expand collaborations

Partnership will undertake new cooperative projects focused on the transition to clean mobility and carbon reduction Partners plan to establish new type of service channels overseas and start to cooperate on energy supply business expansion into EV and FCEV charging services The partnership is extended until 2026, having started from 2005  18 March 2021 –… Continue reading @Hyundai: Hyundai and Shell sign new agreement to expand collaborations

@Hyundai: Hyundai Motor reveals additional design details of STARIA

STARIA is Hyundai’s new MPV lineup with futuristic and iconic design STARIA is designed with ‘inside-out’ approach, reflecting recent shifts in consumer needs that prioritize the use of interior space Exterior gives seamless look defined by streamlined silhouette, panoramic windows and pure body volume Lounge-inspired interior offers premium styling and sense of openness The high-end… Continue reading @Hyundai: Hyundai Motor reveals additional design details of STARIA

@VW Group: Charging electric cars conveniently with ŠKODA iV Chargers and POWERPASS002662

ŠKODA iV Chargerss enable electric vehicles to be charged quickly and conveniently.The iV Chargers can be used at home or be offered as a benefit for company employees or guests in private hotels and restaurants. Thanks to their robust and weatherproof construction, the boxes can be used outdoors as well as indoors. The Chargers are… Continue reading @VW Group: Charging electric cars conveniently with ŠKODA iV Chargers and POWERPASS002662

Autonomous driving startup Momenta raises $500 mln from SAIC, Toyota, others

TipRanks Analysts Say ‘Buy the Dip’ in These 3 Stocks Smart stock investing shouldn’t be emotional, but investors are only human, after all, making it difficult to follow a rational trading strategy. Investors should remember the advice of Warren Buffett: “We simply attempt to be fearful when others are greedy and to be greedy only… Continue reading Autonomous driving startup Momenta raises $500 mln from SAIC, Toyota, others

Chinese military bans Tesla cars in its complexes on camera concerns: sources

By Reuters Staff 3 Min Read (Reuters) – The Chinese military banned Tesla cars from entering military housing complexes, citing security concerns over the cameras installed on the vehicles, according to two people who saw notices of the directive. FILE PHOTO: A man wearing a face mask following the coronavirus disease (COVID-19) outbreak walks by… Continue reading Chinese military bans Tesla cars in its complexes on camera concerns: sources