SAN FRANCISCO/BOSTON (Reuters) – Tesla Inc shareholders approved a compensation package potentially worth $2.6 billion for Chief Executive Elon Musk on Wednesday in a test of their confidence in the leader of the electric car company. Elon Musk speaks at a press conference following the first launch of a SpaceX Falcon Heavy rocket at the… Continue reading UPDATE 3-Tesla shareholders approve CEO Musk’s $2.6 bln compensation plan
Tag: Tata
Press Releases – Focus on vehicle safety measures with most tangible results, auto industry says
Brussels, 21 March 2018 – Before the European Commission publishes its proposal on the revision of the General Safety Regulation this May, the European Automobile Manufacturers’ Association (ACEA) is calling on policy makers to focus on the most effective vehicle safety measures with the strongest positive impact. “It goes without saying that our industry is… Continue reading Press Releases – Focus on vehicle safety measures with most tangible results, auto industry says
120 kWh battery pack: Bollinger electric SUV should be able to continue driving
Bollinger B1 (Image: Bollinger) larger batteries mean more weight, but also more reach. For the electric SUV Bollinger B1, an option with 120 kWh is now being developed. The advance reservations for the chunky electric car go into the hundreds of thousands. What it will cost remains unclear. The startup Bollinger continues working on his… Continue reading 120 kWh battery pack: Bollinger electric SUV should be able to continue driving
Press Releases – Brexit: EU auto makers call for urgent action to solve sector-specific issues
Brussels, 19 March 2018 – Just a few days ahead of the EU summit, where the 27 heads of state are set to approve the European Council’s Brexit guidelines, the European Automobile Manufacturers’ Association (ACEA) is calling on the negotiators to pay urgent attention to sector-specific issues in order to avert potentially disastrous implications on… Continue reading Press Releases – Brexit: EU auto makers call for urgent action to solve sector-specific issues
Tata Motors to drive in new products to expand market presence
GENEVA:Tata Motors plans to bring in new products in order to have a presence in around 95 per cent of Indian passenger vehicles market by 2020, besides working on offering “electric solution” on most of its portfolio going forward. The company currently sells a range of vehicles from hatchback to SUVs playing in about 70… Continue reading Tata Motors to drive in new products to expand market presence
Top Automotive Industry News for Week of March 12 – March 18, 2017
Here is the most important news associated with the automotive industry identified by the SEA for the week March 12, 2018 – March 18, 2018. We hope it helps you stay up to speed on the key developments in our industry: -AEA Membership News- The 2018 NADA AEA Member Reception is coming soon! The next… Continue reading Top Automotive Industry News for Week of March 12 – March 18, 2017
UK’s new petrol and diesel car ban could be enforced from 2030
The UK’s ban on new petrol and diesel cars could be brought forward, possibly to 2030, if plans laid out by MPs get the green light. The respective committees for Environment, Food and Rural Affairs; Environmental Audit; Health and Social Care; and Transport have published a report that claims the Government’s current plan to ban the sale… Continue reading UK’s new petrol and diesel car ban could be enforced from 2030
New car factory that could come to the North East takes major leap forward
Plans to potentially build a new car factory in the UK have moved closer after billionaire Ineos boss selected a designer for the new ‘spiritual successor’ to the Land Rover Defender. Multibillionaire chemicals tycoon Jim Ratcliffe announced his intention to create a new car factory, and said a base in the North of England was… Continue reading New car factory that could come to the North East takes major leap forward
Lister Motor Company previews Storm II
The Lister Motor Company was revived back in 2014, and since then the British company’s boss, Lawrence Whittaker, has made no secret of his desire to see the company produce a hypercar capable of taking on the likes of McLaren, Pagani and Koenigsegg. It now appears those plans may finally be coming to fruition after… Continue reading Lister Motor Company previews Storm II
BREAKTHROUGH IN LIGHTWEIGHT BIOMATERIALS GAINS MOMENTUM
As Faurecia’s NAFILean™ lightweight hemp-based biomaterials are increasingly adopted by OEMs, the company has developed new figures showing the significant energy and environmental benefits of the innovative breakthrough. Not to mention a positive impact on agriculture. Following their initial registration with Peugeot PSA, the biomaterials are now being used in the car parts of six… Continue reading BREAKTHROUGH IN LIGHTWEIGHT BIOMATERIALS GAINS MOMENTUM