Buy Photo Michigan Central Depot would anchor Ford’s next-generation mobility, electrification and autonomous vehicle development. (Photo: Daniel Mears / The Detroit News)Buy Photo Ford Motor Co.’s directors are expected this week to be told negotiations are continuing for the automaker to acquire the Michigan Central Depot, says a source close to the situation. No deal… Continue reading Ford advancing talks for train depot amid speculation
Tag: M and A
China’s SF Express invests $100m in US freight forwarder Flexport
April 30, 2018 Chinese express delivery firm SF Express has invested $100 million in US-headquartered Flexport, a full-service global freight forwarder and logistics platform named last year by Forbes as one of the 25 next billion-dollar startups. SF Express, China’s leading courier company, now joins existing investors, including First Round Capital, Bloomberg Beta, Founders Fund,… Continue reading China’s SF Express invests $100m in US freight forwarder Flexport
Nissan to gradually withdraw from diesel vehicle market in Europe
PARIS (Reuters) – Japanese carmaker Nissan will gradually stop selling diesel cars in Europe, in a further sign of weakening demand for those cars as customers worry about tax rises and looming bans and restrictions related to diesel in many countries. FILE PHOTO: The logo of Nissan is seen during the 88th International Motor Show… Continue reading Nissan to gradually withdraw from diesel vehicle market in Europe
China’s BYD, US Hybrid to develop first-ever hydrogen electric bus
China’s leading electric vehicle maker BYD announced Wednesday to team with US Hybrid Corporation to develop a hydrogen fuel cells battery-electric bus.[Photo/IC] LOS ANGELES – China’s leading electric vehicle maker BYD announced Wednesday to team with US Hybrid Corporation to develop a hydrogen fuel cells battery-electric bus. According to a press release of BYD (Build… Continue reading China’s BYD, US Hybrid to develop first-ever hydrogen electric bus
Nissan to gradually withdraw from diesel vehicle market in Europe
PARIS: Japanese carmaker Nissan will gradually stop selling diesel cars in Europe, in a further sign of weakening demand for those cars as customers worry about tax rises and looming bans and restrictions related to diesel in many countries. A Nissan spokeswoman said there would be a gradual withdrawal of diesel cars in Europe. A… Continue reading Nissan to gradually withdraw from diesel vehicle market in Europe
CNG fueling provider Trillium expands into EV charging
Trillium CNG, a provider of CNG fueling solutions, is expanding into EV charging, and dropping the “CNG” from its name (but not yet from its service offerings). Trillium has formed a partnership with EV Connect to install EV charging infrastructure at three Love’s Travel Stops stores in California. The charging sites will feature DC fast… Continue reading CNG fueling provider Trillium expands into EV charging
Volvo Cars to embed Google Assistant, Google Play Store and Google Maps in next-generation infotainment system
Volvo Cars to embed Google Assistant, Google Play Store and Google Maps in next-generation infotainment system Volvo Cars, the premium car maker, today announced it is working with Google to embed the voice-controlled Google Assistant, Google Play Store, Google Maps and other Google services into its next-generation Sensus infotainment system, based on Google’s Android… Continue reading Volvo Cars to embed Google Assistant, Google Play Store and Google Maps in next-generation infotainment system
Volvo Cars and Volvo Trucks share live vehicle data to improve traffic safety
Volvo Cars and Volvo Trucks share live vehicle data to improve traffic safety Volvo Cars, the premium car maker, and leading truck maker Volvo Trucks will share real-time data to expand coverage of the companies’ connected safety technology, a cloud-based system that allows vehicles to communicate with each other and alert drivers of nearby… Continue reading Volvo Cars and Volvo Trucks share live vehicle data to improve traffic safety
Ford turns to start-up teams to develop new businesses
GoRide, a non-emergency medical transportation service by Ford, grew out of an idea from an employee. (Photo: Ford) Ford Motor Co. is tapping into the company’s entrepreneurial roots to look at new ways it can expand into moving people and things. Most recently, Ford launched its GoRide non-emergency medical transportation service with Beaumont Health. The… Continue reading Ford turns to start-up teams to develop new businesses
BMW And Sila Nano Partner On Silicon-Dominant Anode Materials
6 M BY MARK KANE BMW is going to work on new battery materials for next-generation batteries with California-based Sila Nanotechnologies, founded in 2011. BMW iVision Dynamics Sila Nanotechnologies developed a family of silicon-dominant anode materials that replace conventional graphite electrodes to increase cell capacity. The new anode materials works with the the existing battery… Continue reading BMW And Sila Nano Partner On Silicon-Dominant Anode Materials