The Divergent 3D node-based additive manufacturing technology, used to make the Blade supercar, is to be the driver of a new electric vehicle (EV) production plant in Shanghai. The forthcoming factory is a joint development between EV investment firm We Solutions, and Shanghai Alliance Investment, a private equity and venture capital arm of Shanghai Municipal Government.… Continue reading Shanghai commits to Divergent 3D printed electric vehicle production
Tag: Strategy
Deutsche Post wants street scooters by 2020 itself to produce
N After the expulsion of Executive Board member Jürgen Gerdes, the post-chairman of the board of directors commits himself Frank Appel to the street scooter. The electric transporter powered by Gerdes will continue to be produced by Deutsche Post. “At least in the next two years, we will continue,” said Appel the Frankfurter Allgemeine Zeitung.… Continue reading Deutsche Post wants street scooters by 2020 itself to produce
VW and Ford are exploring Alliance
V olkswagen and Ford want to cooperate according to insiders in the construction of vans and in other areas. The Supervisory Board of the Wolfsburg Group have given the green light for talks with the second largest American carmaker to explore ways for cooperation, said two people with knowledge of the facts of the news… Continue reading VW and Ford are exploring Alliance
Fosun agrees to buy German production systems firm FFT
June 20, 2018 Chinese conglomerate Fosun International has agreed to acquire Germany-based automated and flexible production systems provider FFT GmbH & Co. KGaA (FFT) for a still undisclosed amount. In a statement, Fosun said it will acquire FFT from ATON GmbH, a German family-owned private investment firm, through the funds managed by Fosun, giving FFT… Continue reading Fosun agrees to buy German production systems firm FFT
Uber’s plan to get more electric cars on the road
While electrifiying the U.S.’s ride-hailing fleet could have a tremendous impact on reducing emissions, operating an electric vehicle on today’s streets is challenging for drivers. A new program at Uber wants to make it easier for its drivers to go electric—and get more EVs on the road. “What we’ve learned from drivers is that they… Continue reading Uber’s plan to get more electric cars on the road
Varroc set to acquire Turkish lighting equipment supplier, also partner Italian co for EFI
Varroc Group’s MD, Tarang Jain: “Turkey is going to be a key market. Its car industry is 1.7 million units strong.” Homegrown auto component major Varroc Engineering is set to take a couple of steps aimed at strengthening its lighting business and entering into a new space. The Aurangabad-headquartered company is set to acquire a… Continue reading Varroc set to acquire Turkish lighting equipment supplier, also partner Italian co for EFI
Daimler partner presses ahead with autonomous shuttle: autonomous, electric, Russian – the prestige bus from Kamaz
All articles and backgrounds 06/19/2018 Daimler partner pushes ahead with autonomous shuttle Autonomous, electric, Russian – the prestige bus from Kamaz REUTERS Kamaz shuttle on the way in Kazan REUTERS Interior view of the WM shuttle from Kamaz Kamaz demonstrates: The Russian truck manufacturer brings to the World Cup a driverless, electrically powered bus on… Continue reading Daimler partner presses ahead with autonomous shuttle: autonomous, electric, Russian – the prestige bus from Kamaz
Volvo Group appoints Jan Ytterberg as new financial director
Posted 06/19/2018 11:27:11 CET GÖTEBORG (SWEDEN), 19 Jun. (EUROPA PRESS) – The industrial consortium Volvo has appointed Jan Ytterberg as the company’s new financial director to replace Jan Gurander, who had been combining this responsibility with that of the company’s vice president, Volvo Group said in a statement. With this appointment, the company plans to… Continue reading Volvo Group appoints Jan Ytterberg as new financial director
Magna to Jointly Engineer and Build Premium Electric Vehicles for Customers in China
Forming two Joint Ventures with Beijing Electric Vehicle Co.Facility can support up to 180,000 annual vehicle capacityJV is capable of supporting the needs of additional customersSHANGHAI, China, June 18, 2018 (GLOBE NEWSWIRE) — Magna today announced its intention to form two new joint ventures with Beijing Electric Vehicle Co. Ltd (BJEV) for complete vehicle manufacturing… Continue reading Magna to Jointly Engineer and Build Premium Electric Vehicles for Customers in China
Technology Game Changer: Magna’s 48-Volt Transfer Case Leads Array of CO2-Fighting Products
One of the auto industry’s first 48-volt mild-hybrid transfer casesAchieves up to 10% CO2 savings compared to a two-wheel drive systemCan be easily integrated into existing drivetrainsSAILAUF, Germany, June 14, 2018 (GLOBE NEWSWIRE) — Magna is on the fast track to vehicle electrification. With its all-new industry-leading 48-volt transfer case and an array of other… Continue reading Technology Game Changer: Magna’s 48-Volt Transfer Case Leads Array of CO2-Fighting Products