The energy infrastructure platform is a first-of-its-kind universal architecture solution that works across various two and three-wheeler vehicles. NEW DELHI: Chetan Maini-led Sun Mobility on Tuesday launched a swappable battery station for two and three-wheeler electric vehicles at its brand new 47,500 sq. ft. technology development centre in Bengaluru. The energy infrastructure platform is a… Continue reading Sun Mobility opens swappable battery station for two, three wheelers in B’luru
Tag: M and A
Personnel changes in BMW Group production network
Munich. Effective 1 August 2018, Robert Engelhorn will take over as director of BMW Group Plant Munich. Engelhorn joined the BMW Group in 2011 and occupied various positions at the Munich and Regensburg plants. In 2016, he moved to the BMW Brilliance Automotive (BBA) joint venture in China, where he currently heads the Technology and… Continue reading Personnel changes in BMW Group production network
Truck manufacturer: VW and Daimler compete in the IPO of the truck divisions
Scania Truck With the brands Scania and MAN VW wants to attack the market leader Daimler Trucks. (Photo: Scania ImageDesk) MunichAndreas Renschler is in a hurry. Last week he was still in TokyoNow the plane is going to Chicago. In between, he still has time to be happy that the VW-Supervisory green light for the… Continue reading Truck manufacturer: VW and Daimler compete in the IPO of the truck divisions
After crisis summit in Berlin: PSA puts investments in Opel plant Eisenach on ice
All articles and backgrounds 04/16/2018 After crisis summit in Berlin PSA puts investments in Opel plant Eisenach on ice AFP The boss and his Opel boss: Carlos Tavares (left) and Michael Lohscheller leave open the future of 1800 Opel employees in Eisenach Due to the dispute over the Opel refurbishment, the French PSA group has… Continue reading After crisis summit in Berlin: PSA puts investments in Opel plant Eisenach on ice
Daimler Investor Li Says Carmakers Must Talk or Face Oblivion
The guessing game on Li Shufu’s intentions after buying the biggest stake in Daimler is up: Automakers must cooperate, or risk being swallowed up. That’s the takeaway from an editorial written by the owner of China’s biggest non-state carmaker in Frankfurter Allgemeine Zeitung on Sunday. Li, who in February bought a 9.7 percent stake in… Continue reading Daimler Investor Li Says Carmakers Must Talk or Face Oblivion
US truck manufacturers: Rumors about Navistar acquisition burden VW
All articles and backgrounds 04/16/2018 US truck manufacturers rumors about Navistar takeover charge VW DPA The shares of the US commercial vehicle manufacturer Navistar have received on Monday tailwind by takeover fantasy. In early trading, they climbed more than 5 percent to $ 38.90. Market participants referred to comments from the German major shareholder Volkswagen… Continue reading US truck manufacturers: Rumors about Navistar acquisition burden VW
Daimler major shareholder Geely urges cooperation: Li Shufu has bad cards for new Daimler alliances
All articles and backgrounds 04/16/2018 Daimler giant shareholder Geely urges cooperation Li Shufu has bad cards for new Daimler alliances REUTERS Li Shufu, founder and head of Chinese auto giant Geely Forge new partnerships, build digital platforms: The wishes are not revolutionary, the new major Daimler shareholder Li Shufu in the direction of the Stuttgart… Continue reading Daimler major shareholder Geely urges cooperation: Li Shufu has bad cards for new Daimler alliances
Network termination: new contracts for Opel dealers
Jürgen Keller: “The Opel dealers remain the interface to the customer.” © Photo: Dietmar Stanka / AUTOHAUS The fears of Opel dealers come true. The Rüsselsheim car manufacturer announces the existing contracts throughout Europe and wants to “tackle the basics”. The key messages from Germany boss Jürgen Keller. By Ralf Padrtka / AUTOHAUS Opel wants… Continue reading Network termination: new contracts for Opel dealers
Inside BMW’s Autonomous Driving Campus and plans
Dr. Dirk Wisselmann, senior expert for autonomous driving at BMW, tells me that the automaker’s first level 3 car will have the technical capabilities for level 4 or 5 highway driving. “We can create a software update (for the car) and inform our drivers, ‘We are are very confident on this road. We are very… Continue reading Inside BMW’s Autonomous Driving Campus and plans
Alibaba Accelerates Autonomous Driving Research, Following In Footsteps Of Baidu And Tencent
Alibaba Group Holding Ltd. is accelerating its research and development of autonomous driving technology, and is looking to recruit more than 50 people to build up its team, people familiar with the matters told China Money Network. The news comes a week after Alibaba’s rival Tencent Holdings Ltd. set up a joint venture with Chinese automobile manufacturer… Continue reading Alibaba Accelerates Autonomous Driving Research, Following In Footsteps Of Baidu And Tencent