Volkswagen AG is donating €10 million for European sustainability projects under an agreement entered into with the European Investment Bank (EIB). A decisive criterion in the selection of the projects was their proven experience in major environmental protection measures. The future of sustainable mobility was a further key factor. The donations are being made under… Continue reading @VW Group: Volkswagen AG donates €10 million for European environmental projects under agreement with European Investment Bank
Tag: Mobility
German Manager Magazin: Hyundai share rises sharply – Alleged discussions with Apple about e-car partnership but possibly price maintenance PR000458
The US technology company Applecould partner with the South Korean automaker Hyundai in the development and construction of a self-driving one Electric cars and choose from batteries for such vehicles. Talks about a cooperation are at an early stage and nothing has yet been decided, the South Korean company initially announced to the Bloomberg news… Continue reading German Manager Magazin: Hyundai share rises sharply – Alleged discussions with Apple about e-car partnership but possibly price maintenance PR000458
German Manager Magazin: Tesla at record high: Will Elon Musk now buy BMW or Daimler? 000459
The price of Tesla’s stock market valuation increased sevenfold in the last year and is currently around 700 billion US dollars (570 billion euros). The German car company VW (79 billion euros), Daimler (61 billion euros) and BMW (46 billion euros) come together to around 186 billion euros. Long before Tesla’s course exploded, there was… Continue reading German Manager Magazin: Tesla at record high: Will Elon Musk now buy BMW or Daimler? 000459
Apple Is Trying to Find a Manufacturer For Its Self-Driving Car
Apple x Hyundai South Korean automaker Hyundai Motors is in early stage talks with tech titan Apple to develop an electric car, CNBC reports. Shares of the manufacturer surged by 19 percent following the news. Hyundai isn’t the only carmaker in talks with Apple. “We understand that Apple is in discussion with a variety of… Continue reading Apple Is Trying to Find a Manufacturer For Its Self-Driving Car
Tesla’s Chinese rivals strike back with new models
HONG KONG — Upstart Chinese challengers to Elon Musk’s Tesla are raising the stakes in the race to carve up the world’s largest electric vehicle market with plans to launch new models for the year ahead. Nio, the U.S.-listed carmaker whose market value rose more than 12-fold during 2020, will launch its first flagship sedan… Continue reading Tesla’s Chinese rivals strike back with new models
Hyundai confirms talks with Apple on possible EV project
SEOUL — Hyundai Motor shares surged nearly 20% on Friday after South Korea’s biggest automaker confirmed — but then later played down — reports that it is in talks with Apple to develop self-driving electric vehicles. “We’ve been receiving requests for potential cooperation from various companies regarding developing autonomous EVs. No decisions have been made… Continue reading Hyundai confirms talks with Apple on possible EV project
Sumitomo teams with Mahindra to help Japan’s carmakers go digital
TOKYO — Japanese trading house Sumitomo Corp. and India’s Tech Mahindra have launched a joint venture to offer information-technology-based design and development services to Japan’s automakers and auto parts producers as the industry undergoes digital transformation. SCTM Engineering, the 50-50 venture in Tokyo, will draw on Tech Mahindra’s track record of automotive engineering working chiefly… Continue reading Sumitomo teams with Mahindra to help Japan’s carmakers go digital
Tactile Mobility Receives Strategic Investment
Tactile Mobility, a Haifa, Israel-based tactile virtual sensing and data company, secured funding from Nexteer Automotive and The Group Ventures. The investment acts as an extension to the previous $9 million round led by Porsche, and as a bridge to the next round of funding and brings total funding in the company to over $20M. The company plans to utilize… Continue reading Tactile Mobility Receives Strategic Investment
Magna CEO on what’s next for the auto industry
Magna’s new CEO Swamy Kotagiri on what’s next for him and the auto industry. Video Transcript ADAM SHAPIRO: Swamy Kotagiri is joining us right now. And there’s a lot going on in the US automotive industry. But your company, it’s more than just parts. It’s the technological expertise, and the software, and the different kinds… Continue reading Magna CEO on what’s next for the auto industry
Omega Seiki Mobility opens new dealership in Bangalore
Omega Seiki Mobility (OSM), part of Anglian Omega Group has onboarded a new dealer partner in southern India – Green Drive Auto Services – to open a new electric three-wheeler dealership in Bangalore. OSM says the new dealership is located at Singasandra, Bangalore and is part of the company’s focus to strategically strengthen its roots… Continue reading Omega Seiki Mobility opens new dealership in Bangalore