DETROIT, Jan 17 (Reuters) – General Motors Co’s China unit will sell a “substantial portion” of the automaker’s future electric vehicles, GM China President Matt Tsien said on Wednesday. In a briefing at GM headquarters, Tsien said, “China is at the heart of our electrification strategy.” Tsien did not say which GM brands would sell… Continue reading Big portion of future GM electric vehicles for China market -exec
Tag: Electric vehicles
Federal-Mogul Powertrain Supplies Engine Technologies for All 10 of Wards 10 Best Engines for 2018
SOUTHFIELD, Mich., Jan. 17, 2018 /PRNewswire/ — Federal-Mogul Powertrain is supplying engine technologies for all 10 of Wards 10 Best Engines for 2018 model year vehicles. Since the inception of the Wards 10 Best Engines competition 24 years ago, Federal-Mogul Powertrain has designed and manufactured leading technologies for many of the engines recognized each year as… Continue reading Federal-Mogul Powertrain Supplies Engine Technologies for All 10 of Wards 10 Best Engines for 2018
UPDATE 1-Mazda vows to stay independent despite deeper ties with Toyota
DETROIT (Reuters) – Japan’s Mazda Motor Corp (7261.T) on Wednesday said that while it is deepening its development and production partnership with Toyota Motor Corp (7203.T), the small automaker would remain a company independent from its much bigger rival. Mazda and Toyota last week said they will build a $1.6 billion joint assembly plant in… Continue reading UPDATE 1-Mazda vows to stay independent despite deeper ties with Toyota
Kia records a sales record in Europe in 2017, with 472,125 vehicles, 8.5% more
Posted 1/17/2018 2:09:08 PM MADRID, Jan. 17 (EUROPA PRESS) – The car company Kia recorded a record sales in Europe in 2017, with 472,125 new vehicles registered, representing an increase of 8.5% over the previous year, according to data from the Association of European Automobile Manufacturers (ACEA) that collects the signature in a statement. These… Continue reading Kia records a sales record in Europe in 2017, with 472,125 vehicles, 8.5% more
Most new cars must be electric by 2030, ministers told
Media playback is unsupported on your device Three-fifths of new cars must be electric by 2030 to meet greenhouse gas targets, ministers have been warned. Homes also need to be built to a higher standard, the Committee on Climate Change – the official watchdog – says. The government says the UK is cutting emissions faster… Continue reading Most new cars must be electric by 2030, ministers told
Ford Cutting Loose From Cars After Years of Missing Margin Goal
Ford Motor Co., the more than century-old company that was first to make cars for the masses, is calling off its pursuit of everyman sedan buyers. The company responsible for putting the world on wheels with Henry Ford’s then-innovative assembly line will pivot away from being a full-line automaker, shrinking its passenger-car lineup and shifting… Continue reading Ford Cutting Loose From Cars After Years of Missing Margin Goal
Geely-backed Chinese Ride-Sharing Firm Caocao Zhuanche Raises $156M Series A Round At $1.6B Valuation
Caocao Zhuanche, an electric vehicle sharing company backed by Chinese automaker Geely, has completed a RMB1 billion (US$156 million) series A round from various investors, at a valuation of over RMB10 billion (US$1.6 billion), according to its official Weibo account. The identity of investors in the round was not disclosed. Launched in 2015, Hangzhou-based Caocao… Continue reading Geely-backed Chinese Ride-Sharing Firm Caocao Zhuanche Raises $156M Series A Round At $1.6B Valuation
INFINITI to go electric from 2021
INFINITI will launch its first pure electric vehicle in the same year Electrified vehicles will comprise more than half of INFINITI global sales by 2025 DETROIT – INFINITI Motor Company will introduce new vehicles with electrified powertrains from 2021, said Nissan Chief Executive Officer Hiroto Saikawa at the Automotive News World Congress today. Customers can expect… Continue reading INFINITI to go electric from 2021
Electric Ferrari supercar is under consideration
Ferrari is investigating building an all-electric supercar, Fiat Chrysler CEO Sergio Marchionne has admitted. The flamboyant exec had already made waves at the Detroit Motor Show by confirming his brand’s controversial SUV will be ready by late 2019 or early 2020. But Marchionne admitted the brand still has some way to go before an EV… Continue reading Electric Ferrari supercar is under consideration
Is BMW going to make you pay for Apple CarPlay every year?
Unlike many automakers that offer Apple CarPlay in their new cars, BMW makes you pay for it on all of their models. That’s unlikely to change, but it may soon cut a break to those who don’t use iOS or don’t like Apple’s smartphone integration system for the car. The automaker next year will turn… Continue reading Is BMW going to make you pay for Apple CarPlay every year?