VW CEO Worried About Tesla’s Industry Lead In Autonomous Tech And Software

It’s plainly obvious just by looking at what it has to offer compared to the established automakers that Tesla is ahead of them in so many fields. It not only provides the some of the quickest and longest range EVs around, but its Autopilot semi-autonomous driving tech and over the air updates have other manufacturers… Continue reading VW CEO Worried About Tesla’s Industry Lead In Autonomous Tech And Software

CATL’s LFP CTP Batteries Coming To European EVs In 2020

With New Partners, CATL Strengthens Commitment to Commercial Vehicle Electrification in Europe NINGDE, China, April 27, 2020 /PRNewswire/ — Reacting to the growing trend towards e-mobility, Contemporary Amperex Technology Co. Limited (CATL) (300750.SZ), the global leading EV battery manufacturer, is expanding partnerships with VDL Bus & Coach B.V. and Quantron AG to optimize local product… Continue reading CATL’s LFP CTP Batteries Coming To European EVs In 2020

@GM: General Motors Takes Additional Steps to Fortify Balance Sheet DETROIT , April 27, 2020 /PRNewswire/ —  General Motors Co. (NYSE:GM) has extended …

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@VW Group: Audi realigns its commitment in motorsport

On its way to becoming a provider of premium mobility with a carbon-neutral footprint, Audi is realigning the brand’s motorsport program: The four rings will not extend their commitment in the DTM touring car racing series beyond the 2020 season. The management board of AUDI AG made this decision also in light of the economic… Continue reading @VW Group: Audi realigns its commitment in motorsport

China self-driving truck startup Inceptio raises US$100m from investors including GLP: sources

China’s Inceptio Technology, a startup developing self-driving trucks, has raised US$100 million in its latest funding round from logistics firm GLP, its key strategic investor G7 and other investors, two sources familiar with the matter told Reuters.The company, which aims to operate a freight network with autonomous driving trucks in China from 2022, has partnerships with Dongfeng Automobile Co, Sinotruk Hong Kong and Foton.The two-year-old firm is developing autonomous driving software and an in-car computing system while the truckmakers are responsible for the vehicles’ platforms.

With New Partners, CATL Strengthens Commitment to Commercial Vehicle Electrification in Europe

NINGDE, China, April 27, 2020 /PRNewswire/ — Reacting to the growing trend towards e-mobility, Contemporary Amperex Technology Co. Limited (CATL) (300750.SZ), the global leading EV battery manufacturer, is expanding partnerships with VDL Bus & Coach B.V. and Quantron AG to optimize local product solutions and services for commercial vehicle electrification in Europe. The new partnerships… Continue reading With New Partners, CATL Strengthens Commitment to Commercial Vehicle Electrification in Europe

Chinese self-driving truck startup Inceptio raises $100m from GLP, others

China’s Inceptio Technology, a startup developing self-driving trucks, has raised $100 million in its latest funding round from logistics firm GLP, its key strategic investor G7 and other investors, two sources familiar with the matter told Reuters. The proceeds from its series A funding round will be used to further develop its technologies and to start commercial… Continue reading Chinese self-driving truck startup Inceptio raises $100m from GLP, others

Hyundai Motor Company to Equip Its Next “G90” with Two LiDAR Sensors

Hyundai Motor Company is planning to equip its next-generation Genesis “G90” with two “LiDAR (Light Detection and Ranging) sensors that will be the first within the global automotive industry. Two LiDAR sensors will be able to provide the level 3 of autonomous driving along with previous camera and radar sensors and Hyundai’s own control algorithm.… Continue reading Hyundai Motor Company to Equip Its Next “G90” with Two LiDAR Sensors

FreeWire Technologies Raises $25 Million: ABB Joins The Board

FreeWire Technologies Raises $25 Million in Financing Funding led by BP Ventures, ABB Technology Ventures and Energy Innovation Capital accelerates expansion of FreeWire’s infrastructure-light ultrafast charging solutions SAN LEANDRO, Calif.–(BUSINESS WIRE)– FreeWire Technologies, a pioneer in delivering flexible and future-proof power solutions for the grid edge, has announced the successful closing of $25 million Series… Continue reading FreeWire Technologies Raises $25 Million: ABB Joins The Board

Volkswagen restarts production in Germany after coronavirus shutdown

BERLIN, April 23 (Xinhua) — After around five weeks of shutdown due to the coronavirus crisis, Germany's largest car manufacturer Volkswagen restarted production in two of its plants on Thursday.
Volkswagen's vehicle plant in Zwickau, Saxony would “cautiously resume” production of its all-electric model ID.3, according to the company.
“We all have a historic task to accomplish,” said Thomas Ulbrich, Volkswagen brand board member for e-mobility. “That task is to protect the health of our employees and at the same time get business back on track responsibly.”
Volkswagen announced that with an initial production of 50 vehicles per day, operations were restarted “at reduced speed.” Before COVID-19, production volumes at the plant had been around three times as high.
To ensure the health of its employees, Volkswagen introduced new rules at the workplace, such as an obligation to wear mouth and nose protection when keeping the minimum distance of 1.5 meters between employees was n..