Daimler AG’s (DAIGn.DE) main China joint venture with BAIC Motor (1958.HK) plans to add a shift and working days at two Beijing plants that will boost nominal capacity to make Mercedes-Benz cars by 45%, a document on the venture’s Chinese website showed. The projected upgrade at Beijing Benz Automotive Co (BBAC), 49%-owned by Stuttgart-based Daimler… Continue reading Daimler’s China venture aims to raise capacity 45% at Mercedes-Benz plants: document
Tag: Geely
Clean Technica: Tour Of Oldtimer EV Conversions At eDub Services — Check Out That Golf Mk2!000943
After 1 year in its new premises, Kit Lacey of eDub Services gives a tour of his latest projects. In the video Kit talks about the 1973 VW T2 “Indie” that we followed in its making earlier, which unfortunately has had a bad scratch. He shows us the super cool Tesla-powered 1991 VW Golf Mk2… Continue reading Clean Technica: Tour Of Oldtimer EV Conversions At eDub Services — Check Out That Golf Mk2!000943
How Geely, GWM steered Chinese car firms to wins
Great Wall Motors displays its cars at an international auto expo in Beijing. DING HONGFA/XINHUA Until very recently, Li Shufu, chairman of Geely that owns Volvo and a major stake holder in Mercedes parent Daimler, was ribbed from time to time because of a remark he made 22 years ago that “cars are nothing more than… Continue reading How Geely, GWM steered Chinese car firms to wins
Why a silicon chip shortage has left carmakers in the slow lane | John Naughton
Here’s a tale of two industries – cars and computers. In February, major car manufacturers such as Nissan and Honda began to warn shareholders that revenues were likely to fall significantly below expectations. And the reason wasn’t Covid-19 – well, not directly anyway: the pandemic had already significantly depressed sales in 2020. No, the problem… Continue reading Why a silicon chip shortage has left carmakers in the slow lane | John Naughton
Autonomous vehicle startup Aurora in final talks to merge with Reid Hoffman’s newest SPAC
Autonomous vehicle startup Aurora is close to finalizing a deal to merge with Reinvent Technology Partners Y, the newest special purpose acquisition company launched by LinkedIn co-founder and investor Reid Hoffman, Zynga founder Mark Pincus and managing partner Michael Thompson, according to several sources familiar with the talks. One of the sticking points is the… Continue reading Autonomous vehicle startup Aurora in final talks to merge with Reid Hoffman’s newest SPAC
Hyundai Motor Americas Region Names Carlos Servin Chief Cost Optimization Officer
FOUNTAIN VALLEY, Calif., June 4, 2021 /PRNewswire/ — Hyundai Motor Americas Region has appointed Carlos Servin as the Chief Cost Optimization Officer. Servin will be responsible for leading the strategy and execution of all cost optimization initiatives across North and South America. This includes benchmarking and implementing best practices for localization, supplier assessments and cost… Continue reading Hyundai Motor Americas Region Names Carlos Servin Chief Cost Optimization Officer
Automotive Natural Gas Vehicle Markets, 2021-2028: Global Focus on Passenger Vehicles, Light-duty & Heavy-duty Buses and Trucks, and Three-wheelers
DUBLIN, June 3, 2021 /PRNewswire/ — The “Automotive Natural Gas Vehicle Market Size, Share & Trends Analysis Report by Fuel Type, by Vehicle Type, by Region, and Segment Forecasts, 2021-2028” report has been added to ResearchAndMarkets.com’s offering. The global automotive natural gas vehicle market demand is expected to reach 38,856.33 thousand units by 2028. The… Continue reading Automotive Natural Gas Vehicle Markets, 2021-2028: Global Focus on Passenger Vehicles, Light-duty & Heavy-duty Buses and Trucks, and Three-wheelers
Movin’On Challenge Design Reveals Top Concepts
All 170 entries this year sought to create inclusive mobility for those who are often overlooked when mobility solutions are being designed. For Spahn’s concept, the Crosswing enables people with amputations to move around cities more efficiently by giving them the ability to skate for transport or leisure. The second-place spot went to Danish design… Continue reading Movin’On Challenge Design Reveals Top Concepts
Xiaomi-Backed Fund Invests in Autonomous Driving Startup Zongmu
(Bloomberg) — An investment fund backed by Xiaomi Corp. is among a new slew of investors in Zongmu Technology Shanghai Co. as the Chinese autonomous driving system startup raised $190 million in its latest funding round. Zongmu conducted the series D fundraising in three stages and Hubei Xiaomi Changjiang Industrial Investment Fund Management Co. led… Continue reading Xiaomi-Backed Fund Invests in Autonomous Driving Startup Zongmu
Volvo Cars to strengthen its digital drive in India
Volvo Car India is looking to strengthen its footprint in the country. The company, which set up CKD operations in Bangalore three years ago, a spare parts warehouse in Mumbai and is expanding its sales and service network, is expanding its Digital Technology Hub in Bangalore. As part of the move, the company has appointed… Continue reading Volvo Cars to strengthen its digital drive in India