Strategy – Page 6754 – I wish I had more to offer

Simulation: The Invisible Gatekeeper

By: Hugh Reynolds, Senior Director of Engineering, Simulation [embedded content] At Uber Advanced Technologies Group (ATG), safety is at the core of everything we do. As part of our commitment to safety, we are investing heavily in simulation technology that enables us to test our self-driving system in a virtual environment before it ever reaches… Continue reading Simulation: The Invisible Gatekeeper

NIO Inc. Provides May 2019 Monthly Delivery Update

Delivered 1,089 ES8 vehicles in May 2019 Delivered 2,213 ES8 vehicles through first two months of second quarter 2019 Cumulative deliveries of ES8 reached 17,550 SHANGHAI, China, June 04, 2019 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium electric vehicle market, today provided its May 2019 delivery results. 1,089 ES8s were… Continue reading NIO Inc. Provides May 2019 Monthly Delivery Update

Michelin, GM Take The Air Out Of Tires For Passenger Vehicles

Michelin and GM are testing the Uptis Prototype, beginning with vehicles like the Chevrolet Bolt EV. Later this year, the companies will initiate real-world testing of Uptis on a test fleet of Bolt EV vehicles in Michigan. Because Uptis is airless, the breakthrough wheel assembly eliminates the dangerous risk of flat tires and blowouts: Drivers… Continue reading Michelin, GM Take The Air Out Of Tires For Passenger Vehicles

UPDATE 2-Uber says IRS probing its 2013-14 tax returns

(Reuters) – The U.S. Internal Revenue Service is auditing Uber Technologies Inc’s taxes for 2013 and 2014 and the ride-hailing company expects unrecognized tax benefits to be reduced within the next year by at least $141 million. FILE PHOTO: A screen displays the company logo for Uber Technologies Inc. on the day of it’s IPO… Continue reading UPDATE 2-Uber says IRS probing its 2013-14 tax returns

Volkswagen to float stake of less than 25% in Traton – source

WOLFSBURG, Germany (Reuters) – Volkswagen will place a stake of less than 25% in truck unit Traton in a listing planned before the end of June, a person familiar with the matter said on Tuesday. FILE PHOTO: Visitors stand at the booth of Volkswagen’s truck unit Traton Group, former Volkswagen Truck & Bus AG, in… Continue reading Volkswagen to float stake of less than 25% in Traton – source

SEAT’s first electric car called Mii to debut in Oslo, Europe’s EVs capital

The SEAT on Tour roadshow will visit Oslo, Liverpool, Frankfurt, Paris and Milan

OSLO, 4-Jun-2019 — /EuropaWire/ — SEAT will debut its first ever electric car, Mii electric, in Oslo as part of its inaugural ‘SEAT on Tour’ roadshow. During SEAT’s European roadshow the company will bring the spirit of ‘Created in Barcelona’as well as its latest SEAT and CUPRA models, including the CUPRA Formentor and the all-electric SEAT el-Born, in Oslo, Liverpool, Paris and Milan.

SEAT is the brand with the youngest customer base, 10 years younger than the average and is one of the fastest growing volume car brands in Europe. The brand sold 202,600 cars in just the first four months of 2019, breaking all records. 80% of its cars are exported to 80 countries around the world.

Oslo, known as the electric vehicle capital of Europe, is going to be the first stop of the brand on its inaugural ‘SEAT on Tour’ roadshow. In Oslo, SEAT’s Mii electric will be premiered. The new electrical vehicle of SEAT is expected on the market by end of 2019 and will be one of the most affordable electric vehicles on offer. According to the company, the pre sales of the new Mii electric will begin in September 2019.

SEAT Minimó concept car, part of the brand’s micromobility strategy, will also be demonstrated in Oslo, along with the Mii electric. The SEAT Minimó concept car reaffirms SEAT’s commitment to urban micromobility and expands the easy mobility ecosystem that the brand is fostering.

SEAT is going to lead the urban micromobility strategy for the Volkswagen Group with the international premier of the Minimó concept vehicle that follows the launch of the SEAT eXS KickScooter powered by SEGWAY.

SEAT’s first all-electric vehicle, SEAT el-Born, based on the Volkswagen Group’s MEB platform, will also be on display in Oslo. SEAT el-Born is the second Group car to be built on the MEB platform.

Commenting on the exiting premieres, SEAT President Luca de Meo, said:

“Accessibility is one of most outstanding SEAT values and the ‘SEAT on Tour’ initiative reinforces it by bringing our novelties close to some of the key countries for the brand. As a world reference in electric mobility, it makes complete sense to take the Mii electric as a world premiere to Norway and showcase SEAT’s latest technology with two products that will shake the market in 2020, the SEAT el-Born and the CUPRA Formentor. Now is the right time and Oslo is the right place.”

CUPRA, just an year after it has become an independent brand, will join the SEAT on Tour roadshow to continue conquering car enthusiasts around the world.

CUPRA has remarkable sales achievements in the first four months of 2019 with the brand having sold 7,900 vehicles, which represents 82,3% growth over previous year.

Commenting on this achievement, CUPRA CEO and SEAT Executive Vice-President for Sales and Marketing Wayne Griffiths, said:

“We are expanding our footprint by strengthening our product range and completing the implementation of our distribution network, currently at 222 CUPRA Corners. In addition, the CUPRA Formentor and its high-performance plug-in hybrid engine revs up our path towards electrification. In the next few months we will prove that performance can also be electrified.”

Following the roadshow in Oslo, Norway, SEAT and CUPRA will be in Liverpool on June the 18th, where SEAT classic cars will also be on display. Paris will follow the Frankfurt Motorshow at end of September and the journey will finish in Milan during November 2019.

SEAT is considering to take its roadshow to Latin America, once its tour across Europe is over. Latin America is a key market for SEAT, which shows strong sales performance especially in Mexico.

Media contacts:

Cristina Vall-Llosada
Head of Corporate Communications
M/ +34 646 295 296
cristina.vall-llosada@seat.es

Daniel Martínez
Corporate Communications
M/ +34 648 280 851
daniel.martinez@seat.es

SOURCE: SEAT

Mii electric

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Carmakers wrestle with diesel’s decline

Five years ago, Toyota took an unusual decision — not to fit its newly developed C-HR model with a diesel engine. At the time, diesel-fuelled cars accounted for half of all new vehicles sold across Europe and a higher percentage in the sport utility vehicle market. Half a decade later, that move looks prescient. Diesel… Continue reading Carmakers wrestle with diesel’s decline

Bus passengers in Finland will have a chance to reduce the carbon footprint of their bus trips with new Green Travel service

ESPOO, 15-May-2019 — /EuropaWire/ — Bus operator Savonlinja is partnering with Neste to introduce lower-emission traveling solution to its customers. Starting from mid-May 2019, the bus service will include a Green Travel surcharge on the normal bus ticket price, which will be up to the customer to decide on its exact amount.

Savonlinja will reduce its greenhouse gas emissions by fueling its buses with Neste MY Renewable Diesel™ by using the money the company will collect from the Green Travel service. Neste MY Renewable Diesel™ is produced entirely from waste and residues.

Furthermore, Savonlinja, as part of the cooperation, will double the amount of money its customers pay for Green Travel service and will use these funds to cut down greenhouse gas emissions by refueling with Neste MY Renewable Diesel.

Under this kind of arrangement, which is the first of its kind in Finland, the customers will contribute to the reduction of their bus ride’s greenhouse gas emissions by an average of 90% compared to fossil diesel.

All Savonlinja’s long-distance passengers will be offered the new Green Travel service. It can be purchased for regular long-distance tickets via the mobile application “Linjalla” and at the Savonlinja online store. Customers will be given the option to decide on the price of the Green Travel themselves as the minimum amount for the service is set to one euro. The low-emission option will also be available to the customers for charter bus services.

Commenting on the Savonlinja / Neste partnership, Tuomas Kulola, Head of Sales, Marketing & Services at Neste, said:

“Climate change does not wait and solutions are needed right here and now. The key to fighting climate change is introducing innovations of all sizes to help bring about a more sustainable future. Developed in collaboration with Savonlinja, Green Travel is a good example of how important partnerships are to creating effective solutions. We are very proud to collaborate with Savonlinja on offering consumers the opportunity to reduce the carbon footprint of their bus trips.”

Harri Leskinen, Savonlinja’s Chief Business Officer, comments:

“Customers have told us that they would like to have more climate and environmentally friendly transport options. Green Travel is the answer to this. Our long-term goal is to be able to use only renewable fuel in our entire fleet.”

Produced entirely out of waste and residues, Neste MY Renewable Diesel reduces vehicle emissions. The MY Renewable Diesel has been available on the market in Finland since 2017 as its performance matches the best fossil-based diesels on the market. According to Neste, approximately one-fifth of consumers in Finland already use Neste MY Renewable Diesel when it is available at their local gas station. Nearly 50 filling stations throughout Finland are currently offering the Neste MY Renewable Diesel. The fuel can be used without any modifications to the vehicle’s engine and is compatible with all diesel engines.

Media contacts:
Neste Corporation
Kaisa Lipponen
Director of Corporate Communications

Tuomas Kulola
Head of Sales, Marketing & Services, Neste Corporation
+358 50 458 4481
tuomas.kulola(at)neste.com

SOURCE: Neste

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The city of Valladolid will deploy an intelligent mobility solution based on Kapsch’s EcoTrafiX™ software

VIENNA/MADRID, 27-May-2019 — /EuropaWire/ — Kapsch Group‘s Kapsch TrafficCom will implement an intelligent mobility solution in the city of Valladolid in Spain. It will help the city get one step closer to becoming a smart city. The new system will enable different transportation agencies to integrate easily their data and provide Valladolid’s citizens with a single information point on schedules or incidents across various means of transport.

As part of the deployment, the project will offer an integrated traffic control system, which includes parking management and public transport. Reliable information about the transport in the city will be made available to the citizens coming from a single source on the municipal website. In addition, message panels have been installed across the town to help travelers find valuable information.

The new system will be based on Kapsch’s EcoTrafiX™ software, which will allow users to plan their journeys more rationally and efficiently. Kapsch’s system will analyse data from the different public transport means in Valladolid in order to propose effective routes and organize traffic in real time. Furthermore, Kapsch’s system will optimize the mobility conditions of collective transport, will as well reduce traffic congestion in the city center, and thus will guarantee that people have access to mobility in the best conditions possible.

From Valladolid City Council’s perspective, the Kapsch’s system will work as a “system of systems”, which will also include event and incident management, asset management, data analysis, report generation, as well as the availability of data on the municipal website.

The current deployment is part of Valladolid City Council’s strategy originally launched back in 2015. Kapsch’s intelligent mobility solutions are deployed in many cities across Spain including Madrid, Malaga, Bilbao, Vitoria, Castellón, Donostia, La Coruña, Palencia and Huelva.

Kapsch TrafficCom is active in the fields of tolling, traffic management, smart urban mobility, traffic safety and security, and connected vehicles.

Kapsch TrafficCom provides end-to-end solutions covering the entire value creation chain of its customers, from components and design to the implementation and operation of systems. Kapsch TrafficCom’s mobility solutions help make road traffic safer and more reliable, efficient, and comfortable in urban areas and on highways alike while helping to reduce pollution.

The company is an internationally renowned provider of intelligent transportation systems thanks to the many projects it has brought to successful completion in more than 50 countries around the world. Kapsch TrafficCom is part of the Kapsch Group and has subsidiaries and branches in over 30 countries. It has been listed in the Prime Market of the Vienna Stock Exchange since 2007 (ticker symbol: KTCG). Currently Kapsch TrafficCom employs more than 5,200 people and in fiscal year 2017/18 its revenue was approximately EUR 693.3 million.

Media contacts:

Alf Netek
Chief Marketing Officer & Press Officer
Kapsch Aktiengesellschaft
Am Europlatz 2, 1120 Vienna, Austria
P +43 50 811 1700
alf.netek@kapsch.net

Alexandra Vieh
Head of Marketing and PR, Global
Kapsch TrafficCom AG
Am Europlatz 2, 1120 Vienna, Austria
P +43 50811 1728
alexandra.vieh@kapsch.net

SOURCE: Kapsch TrafficCom AG

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Amazon to open 10 stores across the UK

Amazon’s Clicks and Mortar pop-up shops in the UK follow on from Amazon Go in the US Online commerce giant Amazon is planning to open ten ‘pop-up stores’ across the UK, offering a range of goods for sale, as well as Amazon lockers for buyers to collect or return goods. In addition, the stores will… Continue reading Amazon to open 10 stores across the UK