Published 3/14/2018 12:30 AM: 56CET STUTTGART (GERMANY), 14 Mar. (EUROPA PRESS) – The Mercedes-Benz Cars automobile group will invest 100 million euros in Bangkok, together with its local partner TAAP, for the production of electric vehicle batteries, the German company said in a statement. This investment will go towards the expansion of the existing car… Continue reading Mercedes-Benz will invest 100 million in Thailand for the production of batteries for vehicles
Tag: Strategy
UK: Law on Autonomous Driving & New Offenses
The Government of Great Britain is currently reviewing an Act on Autonomous Driving on Public Roads. The British government wants to have a law in the drawer before the autonomous driving technique is on the road. It also contemplates new criminal offenses. To the rules up 2021 In fact, according to the British Minister of… Continue reading UK: Law on Autonomous Driving & New Offenses
Alliance leadership appointments to accelerate synergies
From April 1st, additional convergence will be put in place to accelerate synergies in key operational areas as part of the Alliance 2022 mid-term plan. Renault, Nissan and Mitsubishi today announced that they have met with the necessary employee representative groups for the convergence projects unveiled on March 1st. The following management organization will be… Continue reading Alliance leadership appointments to accelerate synergies
E-mobility 12.03.2018 The New E-xpert Thomas Ulbrich talks about working with the G4 series and the role of the Zwickau plant. mehr
Mr. Ulbrich, before we look forward, let’s first take a quick look back. Do you still remember the day when you started your apprenticeship as a car mechanic at Volkswagen? Do I ever. It was September 1, 1983. We had a cold late summer that year, and I was so glad to finally be able… Continue reading E-mobility 12.03.2018 The New E-xpert Thomas Ulbrich talks about working with the G4 series and the role of the Zwickau plant. mehr
P2P car marketplace Shift pauses DC operations, lays off 10% of staff
After Beepi shut down its service and transferred its operations to stealth Fair.com, its closest competitor Shift is facing some downsizing, too — a measure of the challenges of the peer-to-peer car selling business model that both had been trying to establish. TechCrunch has learned and confirmed that Shift has laid off just under 10 percent of… Continue reading P2P car marketplace Shift pauses DC operations, lays off 10% of staff
Electric car startup spun out of Faraday Future ‘EVelozcity’ claims to have raised $1 billion
We first revealed the existence of Evelozcity, an electric vehicle startup founded by former Faraday Future (FF) executives, a few months ago and it might already be a $1 billion company. The startup now claims to have raised ~$1 billion to bring its electric vehicles to market. Home Solar Power As we previously reported, Stefan Krause, former… Continue reading Electric car startup spun out of Faraday Future ‘EVelozcity’ claims to have raised $1 billion
Grab and Chubb sign partnership to provide innovative in-app insurance solutions throughout Southeast Asia
SINGAPORE, March 13, 2018 /PRNewswire/ — Grab, the leading on-demand transportation and fintech platform in Southeast Asia, has announced a partnership with Chubb, the world’s largest publicly traded property and casualty insurance company, to offer insurance solutions for Grab’s driver-partners. Using the Grab app, drivers will be able to select different insurance options to protect their… Continue reading Grab and Chubb sign partnership to provide innovative in-app insurance solutions throughout Southeast Asia
SHAPING THE FUTURE OF MOBILITY IN THE SILICON VALLEY
Reinforcing our innovation ecosystem is one of our top 2018 priorities following the January launch of our new TechCenter in Silicon Valley. We’re excited to be at the heart of open collaboration that’s connecting the automotive industry to start-ups, universities and tech entrepreneurs to explore the car of the future. To highlight this, we opened… Continue reading SHAPING THE FUTURE OF MOBILITY IN THE SILICON VALLEY
Dongfeng Peugeot-Citroen sales stall on brand confusion
Following a series of management reshuffles and a slow start in the world’s largest market, Dongfeng Peugeot-Citroen Automobile’s sales in China barely made it past the half-way mark of their 2017 target, resulting in substantial losses for the joint venture carmaker. Dongfeng Peugeot-Citroen saw a loss of 30 billion euros ($36.94 billion) last year, despite… Continue reading Dongfeng Peugeot-Citroen sales stall on brand confusion
China’s WM Motor Open to U.S. IPO, Shrugging Off Trade Tensions
China’s WM Motor Technology Co., set to take on Tesla Inc. with an electric SUV going on sale this year, is open to holding an initial public offering in the U.S. as its founder shrugs off a potential trade war between the world’s two biggest economies. The company has a team looking into proposals for… Continue reading China’s WM Motor Open to U.S. IPO, Shrugging Off Trade Tensions