June 26, 2018 Evergrande Health Industry Group Limited, an arm of property developer China Evergrande Group, has acquired 45 per cent stake in Faraday Future, the new-energy vehicle startup founded by Jia Yueting whose conglomerate LeEco is battling a severe cash crunch. Evergrande Health has come in as a strategic investor after buying out the… Continue reading China Evergrande arm to buy 45% in EV startup Faraday Future
Tag: Mobility
Mobility of the future: Groupe Renault partners with the Île-de-France Region
Tuesday 19 June 2018 by Emmanuel GENTY – Innovation Emmanuel GENTY Share on Twitter Share on Facebook Share on LinkedIn Share on Pinterest Saving time and money while taking the stress out of travel is a dream that is probably shared by all regular travelers in Paris. How can travelers make the best choices for… Continue reading Mobility of the future: Groupe Renault partners with the Île-de-France Region
Mahindra launches the All-New TUV300 PLUS
Mahindra launches the All-New TUV300 PLUS With the powerful mHAWKD120 engine,a luxurious 9-seater configuration and premium interiorsAttractively priced at Rs 9.47 lakh (ex-showroom Mumbai) SYNOPSIS: The new TUV300 PLUS is: Targeted at discerning customers who are looking to upgrade their lifestyle and don’t want to settle for the ordinary. Plus on Power with the proven… Continue reading Mahindra launches the All-New TUV300 PLUS
£25 million boost for self-driving technology: apply for funding
The Centre for Connected and Autonomous Vehicles (CCAV) has up to £25 million to invest in up to 4 pilot schemes for self-driving vehicles. Funding is for pilots of self-driving passenger vehicles which include at least a 6-month trial in a public or semi-controlled setting. Trials should have a clear commercial focus, with potential to… Continue reading £25 million boost for self-driving technology: apply for funding
What the VW billion is used for
Monday, 06/25/2018 14:52 clock The country Lower Saxony wants to put the imposed on VW billion bills mainly in fast Internet and in the university hospitals in Hanover and Göttingen. The remaining money should flow into the debt reduction, the rehabilitation of sports facilities and an environmental fund, said Prime Minister Stephan Weil (SPD). Each… Continue reading What the VW billion is used for
Electric collective taxis from Moia from 2019 in use
D The VW subsidiary Moia, responsible for mobility services, will be launching its shuttle service in Hamburg in the first months of 2019. At the beginning, a double-digit number of electric minibuses will chauffeur passengers through the city, announced a spokesman. This number should then rise soon after the official start to 200, by the… Continue reading Electric collective taxis from Moia from 2019 in use
Top Automotive Industry News for Week of June 18 – June 24, 2018
Here is the most important news associated with the automotive industry identified by the AEA for the week June 18, 2018 – June 24, 2018. We hope it helps you stay up to speed on the key developments in our industry: -Automotive Manufacturing News- Cars.com 2018 American-Made Index: What’s the Most American Car? (Cars.com) Detroit… Continue reading Top Automotive Industry News for Week of June 18 – June 24, 2018
Automakers are burning through billions in EV, AV race
The race to develop autonomous and electric vehicles could be a race to the bottom for the automotive industry — at least in the near-term. A new global study by consulting firm AlixPartners paints an ominous forecast for automakers in the next few years, a toxic cocktail of big spending and lots of competition mixed… Continue reading Automakers are burning through billions in EV, AV race
Uber safety driver of fatal self-driving crash was watching Hulu, not the road
A safety driver operating an Uber self-driving vehicle looked down at a phone that was streaming The Voice on Hulu 204 times during a 43-minute test drive that ended when pedestrian Elaine Herzberg was struck and killed in Tempe, Arizona, according to a 318-page police report reviewed by TechCrunch. The Tempe Police Department released late… Continue reading Uber safety driver of fatal self-driving crash was watching Hulu, not the road
Toyota To Provide Suzuki Technology To Build New Compact Car Engine
Toyota Motor Corp. and Suzuki Motor Corp. today agreed to start discussions on undertaking new joint projects for technological and market development, and vehicle production. As part of the new arrangement, Toyota will offer Suzuki the technology to develop a new compact and highly efficient car engine for India and other global markets, Toyota said… Continue reading Toyota To Provide Suzuki Technology To Build New Compact Car Engine