Didi said cybersecurity review completion a “prerequisite” for new listing

On Wednesday, China’s ride-hailing giant Didi urged US investors to vote yes on delisting its shares from New York. Didi said it can’t pursue a new listing as it faces a cybersecurity review launched last July by Chinese regulators, which still has no clear end in sight.  Why it matters: The company said in a… Continue reading Didi said cybersecurity review completion a “prerequisite” for new listing

Mercedes-Benz CEO hints A-Class living on borrowed time – The Citizen

Charl Bosch Current fourth generation of the three-pointed star’s smallest model could well be the last. Around since 2018, the fourth generation Mercedes-Benz A-Class could potentially be the moniker’s swansong. With arch-rival Audi having announced the end of the A1 and Q2 after the current generations, Mercedes-Benz has now hinted the same fate could befall… Continue reading Mercedes-Benz CEO hints A-Class living on borrowed time – The Citizen

@BMW: International collaboration develops progressive vision for urban production at the BMW Group001976

Munich. BMW Munich – Urban Production is an international architecture competition organised by the BMW Group in close cooperation with the City of Munich. The aim is to realise outstanding, future-ready production in the urban setting of the company’s home plant in Munich. The competition has now finished successfully, with the two winning architects’ practices… Continue reading @BMW: International collaboration develops progressive vision for urban production at the BMW Group001976

@Renault: RENAULT GROUP: Renault Group studies the creation of two specialized centers of excellence000385

PRESS RELEASEMay 12, 2022 Renault Group studies the creation of two specialized centers of excellence An entity dedicated to the development, production and sales of electric vehicles An entity dedicated to the development and production of new generation E-TECH ICE and hybrid engines and transmissions Boulogne-Billancourt, May 12, 2022 – As part of its “Renaulution”… Continue reading @Renault: RENAULT GROUP: Renault Group studies the creation of two specialized centers of excellence000385

@VW Group: CEO Herbert Diess at the Annual General Meeting: “Volkswagen delivered – financially and strategically”005042

The Volkswagen Group is making good progress with its transformation into a sustainable, software-centric mobility provider, despite a challenging environment. Speaking at the virtual Annual General Meeting, CEO Diess said: “We delivered in 2021. Backed by good crisis management, we are financially robust and have strengthened our resilience. At the same time, we have made… Continue reading @VW Group: CEO Herbert Diess at the Annual General Meeting: “Volkswagen delivered – financially and strategically”005042

@Fisker: Fisker and Foxconn Confirm Fisker PEAR Production in Ohio000079

LOS ANGELES–(BUSINESS WIRE)– #EVs–Fisker Inc. (NYSE: FSR) (“Fisker”) — passionate creator of the world’s most sustainable electric vehicles and advanced mobility solutions — confirms that it will produce its second vehicle, the Fisker PEAR, at a factory Foxconn (Hon Hai Precision Industry Co. Ltd.) acquired in Ohio. The Fisker PEAR will enter production in 2024.… Continue reading @Fisker: Fisker and Foxconn Confirm Fisker PEAR Production in Ohio000079

Hyundai Mobis inks MoU to develop software platform

MOU with the AUTOSAR software platform expert Vector expected to boost software platform competitiveness. The partnership is a preemptive move for forecasted increase in demand from global clients for software-installed auto components related to autonomous driving and infotainment. SEOUL, South Korea, May 12, 2022 /PRNewswire/ — Hyundai Mobis and Vector have agreed to the joint development… Continue reading Hyundai Mobis inks MoU to develop software platform

Motional will drive autonomously from 2023

The joint venture Motional wants to start using robot taxis in the USA as early as next year. Founded in 2020 aptive With Hyundai the enterprise motional, which offers robotic taxi rides primarily in Las Vegas. Nice last year the company announced that it would enter the commercial phase in 2023. This plan seems to… Continue reading Motional will drive autonomously from 2023

German Handelsblatt: Annual General Meeting: Volkswagen: Parts from the Ukraine are coming reliably again004299

VW-Hauptversammlung Volkswagen-CEO Herbert Diess warnte auf der virtuellen HV vor einem Aufbrechen der Weltwirtschaft in mehrere Blöcke. (Foto: IMAGO/sepp spiegl) Der VW-Konzern erwartet keine neuen Probleme bei der Teileversorgung wegen des Ukrainekriegs. „Wir gehen davon aus, dass sich die Versorgungssituation auch bei einem länger anhaltenden Krieg normalisieren wird“, sagte der Vorstandsvorsitzende Herbert Diess am Donnerstag auf der… Continue reading German Handelsblatt: Annual General Meeting: Volkswagen: Parts from the Ukraine are coming reliably again004299

Ford drops India plans for EV exports

Ford has withdrawn its application from the Centre’s production-linked incentive (PLI) scheme for export of electric vehicles. Consequently, the company will not use any of its existing facilities in India for this purpose. Speculation was rife that the Maraimalainagar plant near Chennai would be the right for EV manufacturing since reports have been doing the… Continue reading Ford drops India plans for EV exports