Bridgestone Named to the Dow Jones Sustainability World Index for the Third Consecutive Year

News – 2018

Bridgestone Named to the Dow Jones Sustainability World Index for the Third Consecutive Year
– Achieved the highest score in the Auto Components industry sector in the environmental dimension –

2018/09/19

TOKYO (September 19, 2018) – Bridgestone Corporation (Bridgestone) has been named to the Dow Jones Sustainability World Index (DJSI World) for the third consecutive year and the Dow Jones Sustainability Asia Pacific Index for the ninth consecutive year. These indices, maintained collaboratively by S&P Dow Jones Indices and RobecoSAM, measure the performance of the world's sustainability leaders based on a comprehensive analysis of long-term economic, environmental and social criteria.

Bridgestone achieved again the highest score in the Auto Components industry sector in the environmental dimension and the maximum score of 100 in the environmental assessment criteria: environmental reporting. Bridgestone also obtained the highest score in its sector for climate strategy in the environmental dimension.

In February 2018, Bridgestone launched a new Global Sustainable Procurement Policy for further driving sustainable procurement. It is applicable to all purchased materials and services, as well as all suppliers globally. Such an advanced effort that enhanced the sustainability of Bridgestone is highly evaluated.

In March 2017, the Bridgestone Group launched its global Corporate Social Responsibility (CSR) commitment, Our Way to Serve. This commitment organizes Bridgestone’s CSR efforts under three Priority Areas: Mobility, People and Environment to improve the way people move, live, work and play through innovation and technology. Along with these Priority Areas, the Group continues to strengthen the basic governance, compliance and behavioral characteristics expected of any responsible company through its Management Fundamentals.

Priority Areas and Management Fundamentals of “Our way to Serve”

About DJSI World
DJSI World is a stock index that was launched through collaboration between S&P Dow Jones Indices and RobecoSAM. Every year, DJSI World evaluates and quantifies the sustainability of roughly 2,500 major companies around the world from an environmental, economic and social perspective. Companies within each industry that rank in the top 10 percent are selected for inclusion in the index. This year, nearly 320 companies were selected for inclusion, with Bridgestone being selected within the Automobiles & Components industry group category.

Related links:
Bridgestone’s CSR web page
Bridgestone Group’s Sustainability Report 2017-18
Bridgestone Group’s Annual Report 2017
Bridgestone’s Sustainable Procurement web page

Our Way to Serve special web page
External Assessments for Bridgestone

About Bridgestone Corporation:
Bridgestone Corporation, headquartered in Tokyo, is the world’s largest tire and rubber company. In addition to tires for use in a wide variety of applications, it also manufactures a broad range of diversified products, which include industrial rubber and chemical products and sporting goods. Its products are sold in over 150 nations and territories around the world.

Mahindra Racing’s Futuristic All-New M5Electro Race Car Makes Its India Debut

Mahindra Racing’s Futuristic All-New M5Electro Race Car Makes Its India Debut

10 DEC 2018 – MUMBAI, INDIA Mahindra Racing's M5Electro race car made its India debut today, in full race livery, days ahead of the start of the 2018/19 ABB FIA Formula E Championship– Season 5. The first race is scheduled on December 15 in Ad Diriyah, Saudi Arabia with a total of 13 races across various cities in the world (it will be broadcasted live on Sony ESPN SD/HD– qualifying at 1:00pm and race at 5:00pm IST). Shell, with a heritage of more than 100 years inmotorsports, has also come onboard as the latest sponsor for Mahindra Racing. The Shell logo is part of the new race car livery of the M5Electro which was displayed in India in its race-ready avatar.In addition, Mahindra Racing and Shell will work on the joint development of lubricants and fluids for electric vehicles.

The M5Electro is based on generation two of the Formula E race car, featuring cutting edge EV powertrain technology that has been aggressively developed through the rigour of four seasons of top level Formula E racing. It will be able to touch 100km/h in just 2.8 seconds and go on to a top speed of 280km/h.The design sees an evolution of the team’s iconic and unique red, white and blue colour scheme, updated and created to reflect the exhilarating new design of the Gen2 car. The new team kit draws inspiration from iconic Indian symbols, the Bengal tiger and the Lotus flower.

DR. PAWAN GOENKA | Managing Director, Mahindra & Mahindra Ltd. and Chairman, Mahindra Racing

“Formula E represents the cutting edge of EV technology and plays a strategic role in realizing Mahindra's vision of the Future of Mobility through our 'Race to Road strategy. Racing is at the pinnacle of global EV motorsport, it puts Mahindra on the fast track toward the development of an entirely new generation of EVs that offer clean, exciting yet affordable mobility to our customers.We are geared up to begin racing in Season 5 of Formula E in the next few days and will push hard toward victory. We look forward to growing interest and support from our Indian fans for a championship that is helping to develop sustainable mobility solutions for the future.”

DILBAGH GILL | CEO and Team Principal, Mahindra Racing

“We have set a razor-sharp focus to build on our base from the last few seasons and continue to be one of the top teams in season 5 of Formula E. The ultimate objective, is to claim the championship title. Our team coupled with our strong pool of partners, will enable us to achieve this aspiration. We are thrilled to have Shell onboard as it will help us explore powerful opportunities in the area of lubricant technology and engineering, the results of which will be visible on and off the race track.”

PATRICK CARRE | Vice President, Shell Global Lubricants

“We see great opportunities from the association between Mahindra Racing, a founding Formula E team with a powerful brand and credibility in India, and Shell Lubricants with our deep global automotive expertise and technology capabilities. We are pleased to join forces to develop lubricants and fluids that will make electric vehicles more efficient and unlock great opportunities for continued growth in the Indian market.”

Mahindra Racing team is also supported by Renesas, Lear Corporation, AVIS, Umicore, Pininfarina, Voxdale, Errea, Bahco, Nippon, Alpinestars and Greenhills as sponsors for the upcoming championship.

EVOLUTION OF E-PRIX RULES IN SEASON 5

The race will now last for 45-minutes and an extra lap without any pit stops. Drivers can use the 'Attack Mode', which lets them pick up an extra hit of power and to arm this they will need to drive their cars off the racing line, through the Activation Zone. As a reward for taking a slower line through the corner, they will be able to collect an extra 25 kW of power. In another groundbreaking Formula E initiative, the five drivers who receive the highly-acclaimed FANBOOST from fan voting ahead of the race, are awarded a significant burst of power, which they can deploy in a five-second window during the second half of the race. (You can vote for your favourite driver now, click here to cast your vote.)

MAHINDRA RACING

Mahindra Racing is one of ten founding teams – and the only Indian team – to compete in the ABB FIA Formula E Championship, the world’s first all-electric racing series. Mahindra Racing has impressive credentials; after scoring it's breakthrough win at the Berlin E-Prix in 2017, the squad now has three race victories to it's name in addition to 15 podiums, six pole positions and 516 points from 45 starts. After four seasons with the first generation race car, all eyes now turn to season five. Mahindra Racing has high ambitions with the Gen2 M5Electro, a technical innovation that will see the car last the duration of a race as Formula E continues to push the limits of technology and electrification.

MAHINDRA GROUP

The Mahindra Group is a USD 20.7 billion federation of companies that enables people to rise through innovative mobility solutions, driving rural prosperity,enhancing urban living, nurturing new businesses and fostering communities.It has a leadership position in utility vehicles, information technology, financial services and vacation ownership in India and is the world’s largest tractor company, by volume. It also enjoys a strong presence in agribusiness,components, commercial vehicles, speedboats, consulting services, energy,industrial equipment, logistics, real estate, steel, aerospace, defence and two wheelers. Headquartered in India, Mahindra employs over 240,000 people across 100 countries. Learn more about Mahindra at www.mahindra.com

Supporting Mahindra Racing is Tech Mahindra which was recently ranked in 15th on the Forbes' Digital 100 list-the highest-ranked non-US company to feature. After receiving previous accolades for its sustainability vision, Tech Mahindra was honoured for the fourth consecutive year as a leader in the 2018 Dow Jones Sustainability Indices (DJSI).

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TechM Leadership Appointments

TechM Leadership Appointments

New leadership roles to accelerate the organization's digital transformation journey

New Delhi – December 11, 2018: Tech Mahindra Ltd. a leading provider of digital transformation, consulting and business re-engineering services and solutions, today announced key leadership appointments to drive the organization’s growth and lead the digital transformation journey. The leadership changes will be effective January 1, 2019.

Jagdish Mitra, currently the Chief Strategy & Marketing Officer, will take over the responsibility of driving growth of the Enterprise Business. With his rich experience in the digital space, he will drive growth across Enterprise Business Verticals and Strategic Business Units. He will also drive Strategic Partnerships and Alliances for Tech Mahindra. Manoj Chugh, who is currently the Enterprise Business Head at Tech Mahindra, will be taking over as President, Corporate Affairs at Mahindra & Mahindra Group.

Sanjeev Nikore, currently leading Strategic Initiatives, will now take over as the Head of Marketing at Tech Mahindra.

Commenting on the appointments, CP Gurnani, Managing Director and Chief Executive Officer, Tech Mahindra said, “I wish everyone a great success in their respective roles. This will help the organization accelerate the digital transformation journey, as part of the TechMNxt charter. I am confident that this team will propel Tech Mahindra’s growth globally.”

Earlier this year, Tech Mahindra had announced the appointment of Manoj Bhat as the Chief Financial Officer, and Harshvendra Soin as the Chief People Officer.

About Tech Mahindra

Tech Mahindra represents the connected world, offering innovative and customer-centric information technology experiences, enabling Enterprises, Associates and the Society to Rise™. We are a USD 4.9 billion company with 118,390+ professionals across 90 countries, helping over 930 global customers including Fortune 500 companies. Our convergent, digital, design experiences, innovation platforms and reusable assets connect across a number of technologies to deliver tangible business value and experiences to our stakeholders. Tech Mahindra is the highest ranked Non-U.S. company in the Forbes Global Digital 100 list (2018) and in the Forbes Fab 50 companies in Asia (2018).

We are part of the USD 21 billion Mahindra Group that employs more than 200,000 people in over 100 countries. The Group operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, after-market, information technology and vacation ownership.

Connect with us on www.techmahindra.com || Our Social Media Channels
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For more information on Tech Mahindra, please contact:

Tuhina Pandey,
Global Corporate Communications
Email: media.relations@techmahindra.com;
Tuhina.Pandey@TechMahindra.com

Tesla Seeking To Construct Factory In China To Build Global Presence, Avoid Tariffs

Tesla Inc. is reportedly carrying out preparations for the construction of their first Chinese factory in Shanghai, reported Business Insider. According to sources and documents divulged by Reuters, bidding has already begun on the Shanghai Gigafactory and preparations are nearly complete.

The company made the decision to open a factory in China after foreign sales took a hit when China imposed U.S.-built car tariffs during President Donald Trump’s ongoing trade war. No longer one of the few companies manufacturing electric vehicles, Tesla began facing rising competition in China and was forced to search for alternative options in order to increase their presence in the world’s biggest auto market.

The company already has plans to begin producing the Model 3 mass-market car as soon as the second half of 2019.

Tesla, headed by Chief Executive Elon Musk, has been searching for construction bidders to build the plant and has reportedly already received a bid from state-owned Shanghai Construction Group Co. Ltd. The names of several other firms involved in the bidding were not released.

Shanghai Baoye Group Co. Ltd., a China Minmetals subsidiary, has also confirmed involvement in the project and is preparing for a shipment of concrete pipe piles and steel pile tips before the end of the year. The plant’s 860,000-square-meter site already has the external fence and groundwork nearly completed.

The Gigafactory would be the first car plant in China to be owned by a foreign company. The move is seen as progress in terms of U.S.-Sino relations and China’s willingness to expand their markets.

In an official statement, Shanghai’s Mayor Ying Yong commented that construction work on the factory would start soon and encouraged the builders to work quickly in order to begin production by the end of 2019.

He added that “it is necessary to further promote the ‘four new economy,’ intelligent manufacturing, industrial innovation, industrial strength, quality improvement and other series of projects to accelerate the development of Shanghai’s real economy.”

“It is [also] necessary to focus on the country’s major development strategy, fully support the construction of major projects in the strategic emerging industries, and strive to achieve early results. The industrial park should do a good job in regional overall planning, ensure good project access, and improve land use efficiency.”

The Chinese market is crucial for the electric vehicle industry, making Tesla’s decision to open a plant in China incredibly promising.

Ford’s Ranger rides again. But will it win in a crowded truck market?

Ford
2019 Ford Ranger

Just weeks before Ford rolls out its new Ranger pickup, the automaker finds itself in a strange position: playing catch up on trucks.

After eight years of ignoring the midsize truck market while Toyota and General Motors racked up strong sales, Ford believes it's not too late for the new Ranger to make a splash.

“Ford is a huge truck seller,” said Karl Brauer, executive publisher of Cox Automotive. “They have built up a huge loyal truck buyer audience, and this group will look at the Ranger as another great Ford pickup truck.”

With pickup buyers wanting trucks that have greater capability and more technology, Ford has packed the Ranger with plenty of features, including a 10-speed transmission and towing capacity of 7,500 pounds. Both will be tops in the midsize category. And with a base model starting at just over $25,000, Ford believes the Ranger will have no problem attracting customers.

Ford's fight to remain an American auto icon
6:01 PM ET Thu, 6 Dec 2018 | 08:36

“We expect the buyers to come from new customers who want an open bed and a truck small enough to garage, but who also want to get out on the weekend,” said Brian Bell, marketing manager for Ford.

There's no doubt Americans have rediscovered smaller pickups. A decade ago Toyota's Tacoma defined the midsize truck category as Ford, GM and Fiat Chrysler's Ram focused on building bigger, more capable and more expensive full-size pickups. In 2011, with the country recovering from a recession and auto sales still lagging, Ford dropped the Ranger and said it would concentrate on its top-selling F-Series lineup of trucks. At the time, few argued with Ford's strategy.

A few years later, General Motors made a bigger push for midsize trucks with all-new versions of the Chevrolet Colorado and GMC Canyon, two models that hit showrooms just as Americans started buying more SUV's and trucks.

The timing was fortuitous. Since 2013, midsize pickup sales have doubled and are expected to top a half million vehicles this year, according to the auto website Edmunds.

Did Ford miss the boat by failing to bring back the Ranger sooner?

Brauer calls ignoring the midsize truck market a mistake.

“I think it is one of the reasons possibly why Mark Fields isn't at the helm [at Ford] anymore because this was seen as a miss,” Brauer said.

Instead of rehashing past decisions, Ford executives are looking to the future and predicting the Ranger model will hit the sweet spot of a hot segment. Sales of midsize pickups have jumped 22 percent this year, but the Ranger will face stuff competition. In addition to the Toyota Tacoma, Chevy Colorado and GMC Canyon, the new Jeep Gladiator will hit showrooms next spring. Given the popularity of the Fiat Chrysler's Jeep brand and the Gladiator's bold look, industry analysts will not be surprised if the new truck attracts people who otherwise would consider buying a traditional looking pickup.

It will be one of the story lines the auto industry will be watching closely next year. Ford, a company that has lead the full-size pickup market for more than 40 years thanks to the long-standing popularity of F-Series, will soon find out if the Ranger rides high with Americans who want a smaller truck.

— CNBC's Meghan Reeder contributed to this article.

Questions? Comments? BehindTheWheel@cnbc.com.

Meghan Reeder | CNBC
2019 Ford Ranger pickup

WATCH: How automakers sell a $71,000 version of a $27,000 car

How automakers sell a $71,000 version of a $27,000 car
10:40 AM ET Thu, 28 June 2018 | 02:46

Rivian R1T all-electric pickup revealed – WJAC Johnstown

With the Rivian R1T pickup revealed this morning, just ahead of the Los Angeles auto show, and the R1S SUV expected to be shown here this week, a Michigan-based electric-vehicle startup called Rivian might have something that’s been a long time coming: the first widely available fully electric light-duty pickup. Along with that, it might… Continue reading Rivian R1T all-electric pickup revealed – WJAC Johnstown

China says it will suspend additional tariffs on US autos

China to suspend tariffs on US automobiles and auto parts
6:46 AM ET Fri, 14 Dec 2018 | 03:49

China has said it will temporarily halt its additional 25 percent tariff on vehicles made in the United States.

The relief will last for three months staring from January 1, as part of an agreed truce between Beijing and Washington.

The Chinese finance ministry said on its website that China will suspend 25 percent tariffs on 144 vehicles and auto parts originating from the U.S. and 5 percent tariffs on an additional 67 auto items.

U.S. President Donald Trump and President Xi Jinping agreed to lessen the impact of trade tariffs for the first 90 days of 2019, following a dinner in Argentina on December 1.

The U.S. has slapped a 25 percent tariff on finished vehicles built in China and 10 percent on most auto parts. China's 40 percent tariff on U.S. car imports will now reduce to 15 percent for 90 days.

That brings the auto tariffs in China back down to the same level as before the point that the two countries began imposing tit-for-tat levies.

Tariffs help the big three?

Ina note released Thursday, auto analysts at the Swiss bank UBS said trade risks continue to linger and that under their worst scenario, U.S. sales could slump by as much as 12 percent.

But UBS highlighted Ford, General Motors and Fiat Chrysler as potential winners should tariffs prohibit imports, as all three have capacity to boost domestic production.

Meanwhile, auto sales in China fell 14 percent in November over the same month in 2017, the Chinese Association of Automobile Manufacturers said Tuesday.

That slowdown, while part blamed on the trade war, is also reflective of Chinese domestic demand losing steam.

And Anna-Marie Baisden, head of autos research at Fitch Solutions told CNBC on Friday that getting a tariff deal in place may not spark fresh demand.

“Lowering tariffs might not actually make a big difference because the Chinese market is slowing anyway so even domestic brands are suffering,” she said via email.

European auto stocks hit hard

Auto stocks in Europe were among the leading losers on Friday following a steep drop in the number of new car registrations.

European car sales dropped 8.1 percent in November, falling for the third straight month after the introduction of a new emissions-testing regime in September.

The Stoxx 600 Autos sector dipped 2.2 percent following the data but has since pared losses. At 6:02 a.m. Eastern Time, the index of major European auto and auto-supplier stocks was lower by 1.4 percent.

China Daily | Reuters
Employees assemble vehicles at a plant of SAIC Volkswagen in Urumqi, Xinjiang Uighur Autonomous Region, China September 4, 2018.

For new car registrations, Renault led the declines with sales falling by 16 percent, while Volkswagen and Fiat Chrysler also posted disappointing numbers.

Over the summer, auto dealers had offered incentives to empty stock before new emissions rules came into effect, according to the European Automobile Manufacturers' Association (ACEA).

“Ahead of the introduction of the new WLTP test in September, car registrations jumped by 31.2 percent in August, which has led to a drop in demand in the following months,” the ACEA said in a statement Friday.

The EMEA added that car demand for November had shrunk in all of Europe's five biggest markets.

Aside from the technology hurdle that prompted a summer rush of European car registrations, one analyst at Citi told “Squawk Box Europe” on Friday that said there was also evidence of a slowdown in the consumer's desire to borrow and spend.

“It is about lending conditions. It is not only the nominal rate but what kind of coverage is the bank charging on the loan,” said Luis Costa, head of CEEMEA FX and rates strategy at Citi.

Costa cautioned however that there had been no “massive tightening of lending conditions yet.”

European stocks as a whole have performed poorly Friday morning as the drumbeat of weak data has continued from China. Overnight investors learned that November's retail sales in China grew at their weakest monthly pace since 2003, hurting autos and other stocks with exposure to the country.

Daimler at Consumer Electronics Show 2019

17.

December 2018

Stuttgart/Las Vegas

World première of the new Mercedes-Benz CLA Two US premières: Mercedes-Benz EQC and Vision URBANETIC Daimler Trucks at CES with significant news about the strategy for automated driving Follow the Daimler Trucks press conference live at daimler.com/live/ Experience the Mercedes-Benz Cars press conference and talks live at Mercedes me media: media.mercedes-benz.com/ces2019 Stuttgart/Las Vegas. Daimler's trade fair exhibition at the Consumer Electronics Show in Las Vegas (CES; 8 to 11 January 2019) will be focusing fully on the outlook on the future of mobility. Highlights include the world première of the new Mercedes-Benz CLA, US premières of the battery-electric Mercedes-Benz EQC (combined power consumption: 2 kWh/100 km; combined CO2 emissions: 0 g/km, provisional figures)[1] as well as the revolutionary Vision URBANETIC mobility concept plus essential news about the Daimler Trucks' strategy for automated trucks. After the Mercedes-Benz press conference, Sajjad Khan, Member of the Divisional Board of Mercedes-Benz Cars, CASE and Vice President Digital Vehicle & Mobility, will be giving an insight into the current developments within the context of the Daimler-wide CASE digitalisation strategy – Connected, Autonomous, Shared & Service and Electric Drive. In the afternoon, Wilfried Porth, Member of the Board of Management of Daimler AG and Human Resources and Director of Labour Relations at Daimler AG's Mercedes-Benz Vans, will be explaining the future of mobility using Vision URBANETIC as an example.
On the day before (Monday, 7 January), Daimler Trucks will be providing an overview of the most recent company and technology developments at the Keep Memory Alive Center (KMAC) and will be announcing the company's next steps within the context of automated driving. Media representatives will subsequently be given the opportunity to experience the most recent products from the North American truck and bus/coach portfolio at the Las Vegas Motor Speedway.
The new Mercedes-Benz CLA will be showcased to the global public for the very first time, featuring its evolved MBUX (Mercedes-Benz User Experience) infotainment system, a technological innovation that premièred at CES in 2018. New functions have already been added a mere 12 months later. As a result, the new Mercedes-Benz CLA Coupé is not only the most emotional vehicle of its class, it is also a highly intelligent automotive specimen: the new CLA offers a number of clever solutions, from the MBUX Interior Assistant that identifies operation requests on the basis of movements to lend the vehicle interior a certain level of intelligence, to augmented reality for navigation and the ability to understand indirect voice commands as well as ENERGIZING COACH featuring individual fitness recommendations.
The Mercedes-Benz EQC will be celebrating its US première – the first purely battery-electric Mercedes-Benz EQ series production model as a symbol for the start of a new mobility era at Daimler. Visually the crossover SUV is a pioneer of avant-garde electric aesthetics, representing an impressive combination of convenience, quality and everyday suitability. These elements are accompanied by dynamic performance, thanks to two electric motors at the front and rear axles with a combined output of 300 kW. Thanks to a sophisticated operating strategy, the EQC delivers an electric range of over 450 km according to NEDC (provisional figures).
The Vision URBANETIC will also be celebrating its US première – a completely new mobility concept for demand-based, efficient and sustainable mobility. The visionary concept is based on an autonomously driving, electrically driven chassis suitable for bodies intended to transport passengers or cargo. The fully network-compatible Vision URBANETIC forms part of an ecosystem in which logistics companies, local public transport companies as well as private individuals can digitally send their transport requests across urban environments. The concept reduces traffic volume, relieves inner-city infrastructure and contributes to a new, urban quality of life. The show car also demonstrates how an innovative and intelligent UI/UX design can also maintain the smooth functioning of mobility even without a driver.
The Daimler Trucks press conference will start on Monday, 7 January, at 9 am (CET -9 hours) at the Keep Memory Alive Center (KMAC). Afterwards media representatives will have the opportunity to exchange ideas about current trends and innovations with Daimler Trucks experts. You can also watch the live stream of the Daimler Trucks press conference at daimler.com/live/.
The Mercedes-Benz Cars press conference will start on the first press day, 8 January, at 11 am (CET -9 hours) at the Mercedes-Benz exhibition stand. The press conference, subsequent insight into CASE with Sajjad Khan (8 January, 2 pm (CET -9 hours) and Wilfried Porth's presentation about the future of mobility (8 January, 3.30 am (CET -9 hours) can also be viewed as part of multi-angle live streams on Mercedes me media at mercedes-benz.com/ces2019. This is where you will also find press materials, images and video clips relating to Daimler Trucks, Mercedes-Benz Cars and Mercedes-Benz Vans at CES via the continously updated Mediahub.
[1] Figures for fuel consumption/power consumption and CO2 emissions are provisional and were determined by the technical service for the certification procedure in accordance with the WLTP test procedure and correlated in NEDC values. EC type approval and a certificate of conformity with official figures are not yet available. Differences between the stated figures and the official figures are possible.

Press Contact

Katja Bott

Head of Global Communications Mercedes-Benz Cars

katja.bott@daimler.com

Tel: +49 711 17 75841

Fax: –

Florian Martens

Head of Global Communications Trucks & Buses

florian.martens@daimler.com

Tel: +49 711 17-41525

Fax: +49 711 17-52006

LinkedIn: https://www.linkedin.com/in/florian-martens/

Twitter: https://twitter.com/florian_martens

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UPDATE 1-Self-driving startup Zoox gets OK to offer autonomous rides to the public – Reuters

SAN FRANCISCO (Reuters) – Self-driving car startup Zoox Inc has become the first company to receive approval from California regulators to operate an autonomous ride service for public passengers, state regulators said on Friday. The California Public Utilities Commission said Silicon Valley-based Zoox is the first company to join a state pilot program in which… Continue reading UPDATE 1-Self-driving startup Zoox gets OK to offer autonomous rides to the public – Reuters

‘Waymo’s not on our radar’ – Henrik Fisker on the future of premium shared mobility – Automotive World

At the tap of a button, your ride from the coffee shop to the airport has been confirmed – a ticker on the smartphone displays an approximate arrival time, and a pin highlights the exact pickup location. With little more than a whirr from its electric motors, a shuttle soon glides to the side of… Continue reading ‘Waymo’s not on our radar’ – Henrik Fisker on the future of premium shared mobility – Automotive World