China Automotive Systems Announces Share Repurchase

–  CAAS’s board of directors approved a share repurchase program of up to $5 million of its outstanding common shares periodically over the next 12 months – WUHAN, China, April 11, 2022 /PRNewswire/ — China Automotive Systems, Inc. (Nasdaq: CAAS) (“CAAS” or the “Company”), a leading power steering components and systems supplier in China, today announced that… Continue reading China Automotive Systems Announces Share Repurchase

Hyzon Motors sells 18 trucks to Hylane GmbH, subsidiary of major German motor insurance provider DEVK Versicherung

ROCHESTER, N.Y., April 11, 2022 /PRNewswire/ — Hyzon Motors Inc. (NASDAQ: HYZN) today announced it will supply its fuel cell electric trucks to Hylane GmbH, a wholly owned subsidiary of DEVK Versicherung, one of Germany’s largest motor insurers. Hylane has purchased 18 Hyzon vehicles, with deliveries expected to begin in late 2022. Under Hylane’s sustainable… Continue reading Hyzon Motors sells 18 trucks to Hylane GmbH, subsidiary of major German motor insurance provider DEVK Versicherung

Wejo announces RTTI, a traffic intelligence solution

Wejo has launched Wejo RTTI, a Real-Time Traffic Intelligence solution capable of providing insights through an up-to-date, holistic, view of traffic conditions and road safety incidents. Leveraging aggregated data derived from millions of connected vehicles, the solution has been designed for use by public agencies, civil engineering firms, mapping & navigation providers, and logistics companies.… Continue reading Wejo announces RTTI, a traffic intelligence solution

@VW Group: The sound of the Taycan004884

01/04/2022 Many people could recognise the sound of a Porsche even when blindfolded – even one of the sports car manufacturer’s all-electric models. For drivers of a classic Porsche 356, the clatter, purr and gentle hiss of the early air-cooled boxer engine is music to their ears – generated from a mechanical orchestra of pistons… Continue reading @VW Group: The sound of the Taycan004884

@VW Group: Operation Powerhouse004877

Despite all its retro charm, Wolfsburg’s “alte Gießerei” (“old foundry”) constitutes the control center of a new world. Its light-filled industrial halls with a non-hierarchical open-space design house the management of the Volkswagen AG Technology division and of “Components,” as employees still call the independent Volkswagen Group Components unit. With 75,000 employees at 45 locations worldwide, Components is a core part… Continue reading @VW Group: Operation Powerhouse004877

Inside Mercedes’ plan to deliver hands-free driving to the masses

I’m sitting in the passenger seat of a special Mercedes Benz S-Class on a blindingly bright California spring day, casually watching an autonomous delivery robot roll through a crosswalk on its way to deliver someone’s takeout meal in Santa Monica. The test driver next to me chuckles as we’re about to merge onto the highway… Continue reading Inside Mercedes’ plan to deliver hands-free driving to the masses

Green Ambitions Energize Hydrogen-Powered Hydrofoil Startup

“No other industry is undergoing as rapid technological change as the auto industry,” says Zoran Filipi, Chair of the Department of Automotive Engineering at Clemson University’s International Center for Automotive Research. “This is driven by the need to address impending, evermore stringent CO2 and criteria emission regulations, while sustaining unprecedented rate of progress with development… Continue reading Green Ambitions Energize Hydrogen-Powered Hydrofoil Startup

Tesla Subscription Service Launches in San Diego

Autonomy also operates in Los Angeles and San Francisco. Scott Painter, CEO and founder of the company, also founded Fair Inc., an automotive fin-tech company. Painter also founded and served as CEO of TrueCar Inc.  Photo: Autonomy Electric vehicle subscription company Autonomy continues its expansion in the state of California, now adding the San Diego market to its coverage… Continue reading Tesla Subscription Service Launches in San Diego

Arrival’s Avinash Rugoobur to reveal EV built with Uber at TC Sessions: Mobility 2022

Arrival, a U.K.-based electric vehicle company that went public last year, has set itself a lofty goal. The company aims to produce electric vehicles that cost less than other EVs and competes with pricing on fossil fuel-powered vehicles. A lofty goal requires a bold plan. For Arrival, that means bypassing the traditional large-scale or even… Continue reading Arrival’s Avinash Rugoobur to reveal EV built with Uber at TC Sessions: Mobility 2022