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
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
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PSA maps out Vauxhall’s path to profitability
Opel and Vauxhall have not posted a full-year profit this century, losing about £15 billion in the past 17 years. That represents a catastrophic failure by any measure, but it also highlights just how ambitious the recovery plan set out by new owner the PSA Group is. The strategy, called ‘Pace’, calls for (among other… Continue reading PSA maps out Vauxhall’s path to profitability
Volkswagen aims for solid-state battery production by 2025
Volkswagen has announced that it aims to have a production facility for solid-state batteries by 2025. The announcement comes with the VW Group’s £75 million investment in Californian battery technology company QuantumScape, following six years of collaboration with the firm. Solid-state battery technology, Volkswagen claims, would more than double the capacity compared with the brand’s current… Continue reading Volkswagen aims for solid-state battery production by 2025
Shanghai commits to Divergent 3D printed electric vehicle production
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
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