By Nick Carey, Riham Alkousaa 3 Min Read (Reuters) – BMW expects at least half of its sales to be zero emission vehicles by 2030, setting a more conservative target than some rivals in the race to embrace cleaner driving. In the short term, the German carmaker forecast on Wednesday a big rise in pretax… Continue reading BMW expects at least half of sales to be electric cars by 2030
Tag: Geely
Toyota invests in Chinese self-driving partner Momenta
TIANJIN, China — Toyota Motor has invested in Chinese autonomous-driving startup Momenta as part of a $500 million fundraising round, expanding the Japanese automaker’s development infrastructure in China as tensions between Beijing and the U.S. simmer. Momenta’s systems use deep learning to analyze information from a vehicle’s cameras and sensors and construct a map of its… Continue reading Toyota invests in Chinese self-driving partner Momenta
Exclusive: Foxconn and Vietnam’s VinFast explore partnership, talks focus on batteries, EV parts
By Reuters Staff 3 Min Read TAIPEI/HANOI (Reuters) – Vietnam’s largest conglomerate Vingroup said on Friday its car unit was in early stage talks with Taiwan’s Foxconn about working together and that any partnership formed would focus on developing batteries and electric car parts. Slideshow ( 2 images ) Foxconn has proposed acquiring EV production… Continue reading Exclusive: Foxconn and Vietnam’s VinFast explore partnership, talks focus on batteries, EV parts
Human Horizons Smart Factory Setting Benchmark for Intelligent Vehicle Manufacturing
Assembly of the HiPhi X in the new smart factory will be supported by a number of sophisticated technological tools. Hundreds of Internet-of-Things (IoT) devices connected through 5G and organized by powerful Manufacturing Operating Management (MOM) cloud computing software, ‘Digital Twin’, will ensure the entire operation is managed efficiently and autonomously. For factory operators, the… Continue reading Human Horizons Smart Factory Setting Benchmark for Intelligent Vehicle Manufacturing
Exclusive: Targeting Tesla, China’s Geely to launch new premium EV brand – sources
By Yilei Sun, Tony Munroe 3 Min Read BEIJING (Reuters) – China’s Geely plans to roll out electric vehicles under a new marque with different branding and sales strategies, people familiar with the matter said, as the Volvo owner looks to take on its main EV rival Tesla with higher-end vehicles. FILE PHOTO: A building… Continue reading Exclusive: Targeting Tesla, China’s Geely to launch new premium EV brand – sources
World NM: SK, Geely to jointly chip in for fund for mobility solutions001001
SK Holdings Co., the holding firm of the South Korean energy-to-telecom conglomerate. SK Holdings and Geely will each chip in $30 million for the proposed fund, and draw the rest to be financed from global investors, including European banks and Asian pension funds. SK Group has a portfolio ranging from semiconductors and batteries to energy… Continue reading World NM: SK, Geely to jointly chip in for fund for mobility solutions001001
Toyota, Honda cut North America production amid supply chain woes
By David Shepardson 2 Min Read FILE PHOTO: The Toyota logo is seen on a Corolla model at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Denis Balibouse WASHINGTON (Reuters) – Toyota Motor Corp and Honda Motor Co Ltd announced on Wednesday new North American production cuts, citing supply chain issues… Continue reading Toyota, Honda cut North America production amid supply chain woes
Toyota cutting some North America production this week
By Reuters Staff 2 Min Read FILE PHOTO: The Toyota logo is seen on a Corolla model at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Denis Balibouse WASHINGTON (Reuters) – Toyota Motor Corp said on Wednesday it will cut some production this week at plants in Kentucky, West Virginia and… Continue reading Toyota cutting some North America production this week
BMW says every other car it sells to be fully electric by 2030
By Nick Carey, Riham Alkousaa 3 Min Read (Reuters) – BMW expects at least half of its sales to be zero emission vehicles by 2030, setting a more conservative target than some rivals in the race to embrace cleaner driving. Slideshow ( 2 images ) In the short term, the German carmaker forecast on Wednesday… Continue reading BMW says every other car it sells to be fully electric by 2030
BMW expects half of its sales to be electric cars by 2030
By Nick Carey, Riham Alkousaa 2 Min Read (Reuters) – BMW expects at least half of its sales to be zero emission vehicles by 2030, setting a more conservative target than some rivals in the race to embrace cleaner driving. Slideshow ( 2 images ) In the short term, the German carmaker forecast on Wednesday… Continue reading BMW expects half of its sales to be electric cars by 2030