Today, the Volkswagen Group and leading self-driving technology company, Aurora, announced a strategic partnership that brings the two companies together to bring self-driving electric vehicles to cities as Mobility-as-a-Service (MaaS) fleets. The Volkswagen Group defined its goal of becoming a global leader in autonomous driving with its dedicated Self-Driving System (SDS) in its future program… Continue reading Volkswagen Group and leading self-driving technology company, Aurora, announce strategic partnership at CES 2018
Tag: Strategy
Mercedes-Benz India sells record 15,330 units in 2017 (+16%)
The Long Wheelbase E-Class has been a significant contributor to Mercedes-Benz India’s sales in 2017. MD and CEO Roland Folger seen at the car’s launch on February 28, 2017. Mercedes-Benz India, the largest luxury car brand in the country, has announced record sales of highest ever yearly, half-yearly and also Q4 sales in 2017. By… Continue reading Mercedes-Benz India sells record 15,330 units in 2017 (+16%)
FAURECIA TO PURCHASE HUG ENGINEERING AND BECOME MAJOR PLAYER IN DEPOLLUTION SYSTEMS FOR HIGH HORSEPOWER ENGINES
Faurecia today announced that it had entered into an agreement for the acquisition of 100% of the Swiss company Hug Engineering. The company is a market leader in complete exhaust gas purification systems for engines above 750hp. Hug Engineering is currently owned by the German Group ElringKlinger. High horsepower engines are used in marine propulsion,… Continue reading FAURECIA TO PURCHASE HUG ENGINEERING AND BECOME MAJOR PLAYER IN DEPOLLUTION SYSTEMS FOR HIGH HORSEPOWER ENGINES
FRANÇOIS TARDIF NAMED EXECUTIVE VICE PRESIDENT, FAURECIA CHINA
Faurecia announces the appointment of François Tardif as Executive Vice President, Faurecia China, effective January 1, 2018. He succeeds Jean-Michel Vallin, who is taking his retirement after 10 years in Asia, during which time he expanded Faurecia’s business in China with professionalism and energy. Mr. Tardif is tasked with maintaining Faurecia’s strategy of profitable growth… Continue reading FRANÇOIS TARDIF NAMED EXECUTIVE VICE PRESIDENT, FAURECIA CHINA
Asia tech news roundup – Jan 8
Ooi Huey Tyng, GrabPay’s new managing director for Singapore, Malaysia, and the Philippines. Photo credit: Grab / MovingStills Photography Funding for a used luxury goods marketplace, corporate backing for Mobike’s ride-hailing venture, and another high-profile executive appointment at Grab. Here are the day’s top tech news stories from around the region. Transportation More details of Didi’s… Continue reading Asia tech news roundup – Jan 8
Continental’s 3D touchscreen for cars wins innovation award at CES 2018
German technology major Continental unveiled the world’s first touchscreen, featuring a 3D surface, that combines a unique visual appearance with a brand-new operating concept at the CES 2018. The company claims that the innovative 3D touch surface display can be operated instinctively, enhancing the user experience and increasing safety. The technology company was awarded the… Continue reading Continental’s 3D touchscreen for cars wins innovation award at CES 2018
Volkswagen and NVIDIA to Infuse AI into Future Vehicle Lineup
CES—Volkswagen and NVIDIA today shared their vision for how AI and deep learning will shape the development of a new generation of intelligent Volkswagen vehicles using the NVIDIA DRIVE™ IX platform to create new cockpit experiences and improve safety. At the kickoff of CES 2018, Volkswagen CEO Herbert Diess and NVIDIA founder and CEO Jensen… Continue reading Volkswagen and NVIDIA to Infuse AI into Future Vehicle Lineup
China’s FAW Car buys 10 percent stake in Mobike’s new car-sharing unit
BEIJING (Reuters) – FAW Car Co Ltd (000800.SZ) said on Sunday it was taking a 10 percent stake in Chinese bicycle-sharing startup Mobike’s new car-sharing unit Mobike Chuxing Technology Co. Mobike Chuxing was set up in December with registered capital of 20 million yuan ($3 million). With the strategic investment, FAW will provide electric cars… Continue reading China’s FAW Car buys 10 percent stake in Mobike’s new car-sharing unit
China’s Didi Rumored To Buy Failed Bike Sharing Firm Bluegogo As Didi-Ofo Relations Worsen
China’s largest ride sharing firm Didi Chuxing has reportedly acquired collapsed bike sharing firm Bluegogo and is incubating an internal bike sharing brand, as Didi’s relationship with Chinese bike sharing leader ofo worsens. The Didi-ofo alliance appears on the verge of collapsing, Chinese media reported citing insiders with knowledge of the situation. Didi, which reportedly… Continue reading China’s Didi Rumored To Buy Failed Bike Sharing Firm Bluegogo As Didi-Ofo Relations Worsen
Aptiv and Lyft to Bring Self-Driving Rides to Las Vegas in January 2018
SAN FRANCISCO, Jan. 2, 2018 /PRNewswire/ — Aptiv (NYSE: APTV), a global technology company that provides leading automated driving solutions, and ride-hailing leader Lyft, today announced a partnership to demonstrate a first-of-its-kind fully automated point-to-point ride-hailing experience during the Consumer Electronics Show (CES) 2018 in Las Vegas. “This partnership represents a real-life application of scalable, automated… Continue reading Aptiv and Lyft to Bring Self-Driving Rides to Las Vegas in January 2018