Twelve new safety features are to become mandatory on cars from 2021 onwards in the EU’s latest effort to cut road deaths. Currently, road deaths stand at 26,000 per year across the EU. The aim is to reduce this to 13,000 and halve the number of serious injuries by 2030. Since 2010, fatalities on EU roads have reduced by… Continue reading European Union lists safety features mandate for 2021
Tag: Strategy
Aston Martin commences production of the new Vantage
Six months after it first revealed the bold new Vantage, Aston Martin has commenced production of the most sporting model in the luxury carmaker’s series production range. With the first Vantage coming off the British brand’s Gaydon production line today, deliveries to customers will commence later this month. Aston Martin president and CEO, Dr Andy Palmer,… Continue reading Aston Martin commences production of the new Vantage
Continental Increases Investment in DigiLens
Continental increases its investment in Silicon Valley-based DigiLens to close to 18 percent Promising results of joint development for automotive waveguide head-up displays are paving the way for augmented reality Thorsten-Alexander Kern (Continental) joins DigiLens’ Board of Directors Auburn Hills, Mich., May 17, 2018 – The technology company Continental is increasing its investment in DigiLens… Continue reading Continental Increases Investment in DigiLens
European Commission begins legal action against UK over air quality
The European Commission is cracking down on EU member states’ lax air quality standards, referring the UK and six other countries to the EU Court of Justice over their failure to significantly improve air quality. Three ‘pillars’ of air quality improvement have been pegged by the Commission: setting out air quality standards, targets for reducing emissions… Continue reading European Commission begins legal action against UK over air quality
Boosted Boards founders launch heavy-duty scooter renter Skip
All electric scooters are not created equal. I’ve found ones from Spin, Bird, and Lime to often be broken, shaky, or out of battery. But now the founders of Boosted Boards, which makes the steadiest and safest-feeling electric skateboards, are bringing their rugged hardware expertise to the scooter world. Today, they’re coming out of stealth… Continue reading Boosted Boards founders launch heavy-duty scooter renter Skip
Honda Cars India prepares for multiple electric mobility scenarios
The future of mobility is electric. That seems to be clear to almost every OEM. But what is not clear is how India will progress in that direction. Japanese major Honda has embarked on preparing its strategy for a future of electric mobility in India. That strategy would include plug-in, hybrid, full electric and fuel-cell… Continue reading Honda Cars India prepares for multiple electric mobility scenarios
SAIC Motor expands finance business with FOF founding
SAIC Motor Corporation Limited and Zhongyuan Asset Management Co Ltd announced on Sept 26 that they had co-established a company to conduct fund of funds (FOF) business. Approximately six billion yuan ($925 million) will be invested in the company with SAIC Capital Co Ltd appointed as FOF manager. The company was established to guide social… Continue reading SAIC Motor expands finance business with FOF founding
SAIC pioneer HD map for intelligent driving
SAIC Motor Corporation Limited (SAIC Motor) made a further step in promoting intelligent driving by signing an agreement with Wuhan KOTEI Informatics Co Ltd to develop a high-definition (HD) map in Wuhan on Sept 28. The HD map is a key part of intelligent driving as it can provide real-time data for the decision making… Continue reading SAIC pioneer HD map for intelligent driving
(LEAD) Hyundai Motor CEO defends group’s overhaul plan amid growing opposition
(ATTN: ADDS Truston Asset Management’s view in paras 12-13) SEOUL, May 17 (Yonhap) — Hyundai Motor Co. President and Chief Executive Lee Won-hee on Thursday came forward to defend the parent conglomerate’s governance overhaul plan amid an escalating campaign of opposition by foreign investors. “We strongly urge our shareholders to give full their support to… Continue reading (LEAD) Hyundai Motor CEO defends group’s overhaul plan amid growing opposition
Press Releases – Truck industry reacts to EU proposal for first-ever CO2 standards
Brussels, 17 May 2018 – The European Automobile Manufacturers’ Association (ACEA), representing the seven major EU producers of heavy-duty vehicles, takes note of the European Commission’s proposal for CO2 emission standards for EU trucks, published today. This is one important part of a broader strategy to further decarbonise road transport – an objective to which… Continue reading Press Releases – Truck industry reacts to EU proposal for first-ever CO2 standards