SHANGHAI, June 6, 2018 /PRNewswire/ — The global automotive market has more than 1.3 billion cars and is a 10 trillion US dollar market. However, it is a typical lemon market due to asymmetric information. George A. Akerlof won the Nobel Prize in Economics for his paper “The Market for Lemons: Quality Uncertainty and the… Continue reading AlphaCar, the First Community Token Economy with Large Scale Application on Blockchain
Tag: Financial Results
Tesla ‘quite likely’ to meet Model 3 goal
SAN FRANCISCO: Tesla Inc Chief Executive Elon Musk said on Tuesday that building 5,000 Model 3s per week by the end of June was “quite likely” as the company’s production lines were now demonstrating the ability to make 3,500 vehicles per week. “This is the most excruciating hellish several months I’ve ever had… but I… Continue reading Tesla ‘quite likely’ to meet Model 3 goal
Tesla's Musk again says company is close on Model 3 production
Tesla’s Elon Musk says the electric-car maker will produce 5,000 Model 3s a week by the end of June — twice the rate estimated by Bloomberg’s Model 3 Tracker. (Photo: John Raoux / AP, file) Tesla Inc. CEO Elon Musk vowed Tuesday that his teams would hit Model 3 production targets by the end of June, and he predicted… Continue reading Tesla's Musk again says company is close on Model 3 production
News Release – Magna to Produce the New Z4 for the BMW Group
Please click HERE for a PDF version of the release. BMW Z4 marks the fifth vehicle nameplate Magna is producing in Graz, Austria, for customers Production will start at the end of 2018 Magna’s unique capabilities make it an ideal mobility partner SAILAUF, Germany, June 05, 2018 (GLOBE NEWSWIRE) — Magna adds to its contract… Continue reading News Release – Magna to Produce the New Z4 for the BMW Group
Peugeot to start Nigeria assembly plant by Q1
The DS 7 Crossback, launched this month in China, is the first vehicle to benefit from the CVMP. By Chijioke Ohuocha and Alexis Akwagyiram LAGOS: PSA Peugeot Citroen plans to start assembling cars in Nigeria by first quarter of 2019, via a joint venture with Africa’s richest man Aliko Dangote and five state governments, one… Continue reading Peugeot to start Nigeria assembly plant by Q1
Peugeot to start Nigeria assembly plant by Q1 -local partner
LAGOS, June 5 (Reuters) – PSA Peugeot Citroen plans to start assembling cars in Nigeria by first quarter of 2019, via a joint venture with Africa’s richest man Aliko Dangote and five state governments, one of the local partners told Reuters. The joint venture, Peugeot Automobile Nigeria (PAN) Ltd, will assemble 3,500 units in its… Continue reading Peugeot to start Nigeria assembly plant by Q1 -local partner
Magna to Produce the new Z4 for the BMW Group
BMW Z4 marks the fifth vehicle nameplate Magna is producing in Graz, Austria, for customersProduction will start at the end of 2018Magna’s unique capabilities make it an ideal mobility partnerSAILAUF, Germany, June 05, 2018 (GLOBE NEWSWIRE) — Magna adds to its contract vehicle manufacturing line-up in Graz, Austria, with the addition of the new BMW… Continue reading Magna to Produce the new Z4 for the BMW Group
30/2018, Setting the course for the automotive industry – electrification as a major challenge for employment in Germany
Electrification of the powertrain leads to significantly lower manpower requirements. This concerns above all the supplier area The transformation to electromobility can succeed if the framework conditions are right Politicians and businesses are now challenged to develop strategies to meet this challenge Frankfurt am Main – By 2030, every second workstation in the drive technology… Continue reading 30/2018,
Setting the course for the automotive industry – electrification as a major challenge for employment in Germany
electric cars
05.06.2018 Ι A study shows that the conversion of traffic to electric vehicles has a lot to do with the car industry. Above all, about 100,000 employees who produce drive trains. The IG Metall says: It can be done when politics and industry no longer miss any time, but now set the right course. The… Continue reading electric cars
Alternative Fuel Vehicle (AFV) Market Report 2017-2027 – Visiongain Report
LONDON, June 5, 2018 /PRNewswire/ — Forecasts by Fuel Type (Gaseous, Electric, Others), by Vehicle Type (Two-Wheelers, Passenger Cars (Battery Electric, Hybrid Electric, Gaseous & Other), Commercial Vehicles (Battery Electric, Hybrid Electric, Gaseous & Other) plus Analysis of Top Companies Developing BEV, HEV, LNG, CNG, LPG, Biofuel, Bio-Diesel & Fuel Cell Technologies The increasing demand… Continue reading Alternative Fuel Vehicle (AFV) Market Report 2017-2027 – Visiongain Report