Munich. Within a challenging market environment, the BMW Group has started the financial year 2019 in line with expectations in operational terms. Contrary to the prevailing trend in the sector, the Group’s attractive and significantly younger model range enabled the company to set a new record in terms of deliveries to customers in the first… Continue reading BMW Group’s operational performance on course
Tag: Strategy
As IPO looms, Uber clings to hard-knuckled tactics in pursuit of growth
SAN FRANCISCO/ CAPE TOWN (Reuters) – Uber co-founder and former CEO Travis Kalanick used to tell investors he liked to keep his company teetering between order and chaos. A traffic official checks an impounded Uber vehicle during a clampdown on drivers operating without permits in Cape Town, South Africa, May 4, 2019. REUTERS/Sumaya Hisham By… Continue reading As IPO looms, Uber clings to hard-knuckled tactics in pursuit of growth
Elon Musk to investors: Self-driving will make Tesla a $500 billion company
Elon Musk, chief executive officer of Tesla Inc., smiles while speaking to members of the media outside federal court in New York, U.S., on Thursday, April 4, 2019.Natan Dvir | Bloomberg | Getty ImagesCitigroup and Goldman Sachs, who are underwriting Tesla's latest effort to raise $2 billion in new funds, held a “broad investor call” on Thursday, where CEO Elon Musk and CFO Zach Kirkhorn answered brokers' questions about their plans for the electric vehicle maker.
According to two invitees who attended the call, CEO Elon Musk talked up Tesla's self-driving strategy right off the bat, expanding what he and other execs said at a recent event for investors that the company dubbed “Autonomy Day. ”
Musk confidently told investors on the call that autonomous driving will transform Tesla into a company with a $500 billion market cap, these people said. Its current market cap stands around $42 billion. He also said that existing Teslas will increase in value as self-driving capabilities are added via software, and will be worth up to $250,000 within three years.
The call came as the company is looking to raise $650 million in equity and $1.35 billion in convertible bonds. Filings indicate that Tesla plans to use the capital for general corporate purposes. On the call, Musk said Tesla would be able to fund its business needs through cash flow, but that it was wise to have a buffer in case of a recession or weak global auto demand.
Kirkhorn reminded investors on the call that nothing has changed in Tesla's outlook for Q2. The company still expects to deliver 90,000 to 100,000 vehicles in the second quarter, and 360,000 to 400,000 vehicles total this year.
On an unadjusted basis, Tesla lost $702.1 million, or $4.10 a share, during the first quarter of 2019. The company's shares rose more than 4% on Thursday following the announcement of the new funding solicitation, but remain down more than 25% year to date.
It's all about driverless nowAccording to the two investors who heard the call, Musk described Tesla's existing electric vehicle, solar, and energy storage business lines as a backstop of value to Tesla's business in a new driverless era.
He said that even though Tesla drivers need to keep hands on the wheel today, that will become less necessary over time. Musk said that competitors such as GM's Cruise and Alphabet's Waymo can't catch up because Tesla has a fleet of connected cars on the road today, and a proprietary chip.
The hundreds of thousands of Teslas already on the road constantly slurp up data and send it back to Tesla's servers, which helps the company improve and advance its Autopilot and Full Self-Driving systems. Meanwhile, the company's self-driving computers, which it started working on about three years ago, are exclusive to Tesla and allegedly use less power in the vehicle than offerings from competitors like Nvidia.
Musk reiterated that because Teslas can be upgraded “over-the-air” with new software-enabled features and functionality, they will appreciate in value, unlike nearly every other car on the market. A Tesla will be worth $150,000 to $250,000 in 3 years, he claimed. He also said that a full self-driving upgrade will increase the value of any Tesla by a half order of magnitude, or five times.
Tesla expects to have 1 million vehicles on the road next year that are able to function as “robo-taxis,” Musk said, reiterating statements made at Autonomy Day and on the company's Q1 earnings call. Each car should be able to do 100 hours of work a week for its owner, making money as a robo-taxi he told investors.
Some investors and analysts have expressed skepticism about the robo-taxi plan and Tesla's self-driving strategy in general.
For instance, in a note to investors after Autonomy Day, Cowen analyst Jeffrey Osborne wrote: “We see a significant amount of technology and execution risk in the shift in strategy from competing in just electrification to Tesla also beating Nvidia in hardware, Google in software, and building a better ride-hailing service than current ride hailing leaders. ”
He added in the note, “The Tesla Network robotaxi plans seemed half baked, with the company appearing to either not have answers to or not even considered pretty basic question on the pricing, insurance liability, or regulatory and legal requirements.”
Zachary Kirkhorn, CFO, TeslaSource: TeslaOn Thursday's investor call, according to the people who heard it, Musk and other Tesla execs declined to give details when it came to more pragmatic issues like where the company's order book stands today, what they are doing to ameliorate problems with Tesla service and repairs, how much income Tesla expects to generate from regulatory credits for the rest of this year, and who will supply battery cells to Tesla in Asia as it begins manufacturing Model 3s in Shanghai.
One person asked what Tesla could do to improve its gross margins from the approximately 20% reported in the first quarter of 2019. The company previously promised it could achieve 25% margins.
Musk told investors Tesla would try to improve efficiency in its supply chain, but would feel good about 20% gross margins moving forward.
But he also tried to drive the conversation back to autonomy, calling it the fundamental driver of value for Tesla, and urged investors to stop nit-picking over vehicle margins.
WATCH: We went inside Tesla's first Gigafactory
VIDEO8:5008:50We went inside Tesla's first GigafactoryCNBC Reports
21st Technical Congress in Berlin: artificial intelligence key for connected and automated driving
21st Technical Congress in Berlin: artificial intelligence key for connected and automated driving
BERLIN, 21-Mar-2019 — /EuropaWire/ — High-level stakeholders from the industry and politics comment and share their views on mobility, transport, logistics and production, in both plenary and specific technical sessions during the second day of 21st Technical Congress in Berlin. The gathering is organized by the German Association of the Automotive Industry (VDA).
Key topics discussed were artificial intelligence (AI) and and how it contributes to automated driving, world trade, commercial vehicles and future production, among others. Brexit remains major topic as well as the transport of tomorrow and how is digitization changing production.
According to VDA Managing Director Dr. Joachim Damasky the artificial intelligence (AI) is playing a very important role in automated driving. Commenting on connected and automated driving, Dr. Andree Hohm, Director Driverless Mobility at Continental Teves AG & Co. oHG, finds the reliable detection of the vehicle’s environment to be a key foundation for automated driving. Alexander Kraus from TÜV SÜD Auto Service GmbH thinks simulations and data-based methods must be integrated during vehicle development and enshrined in global standards. Furthermore, artificial intelligence (AI) and generating knowledge from data are the drivers of the fourth industrial revolution, according to Ulrich Schrickel from Robert Bosch GmbH.
Commentaries made by key stakeholders during the second day of the congress.
Dr. Joachim Damasky, VDA Managing Director:
“Automation and connectivity are two of the central drivers of innovation in the automotive industry. AI is also a deciding factor when it comes to deploying connected and automated vehicles in highly complex traffic situations. AI will be essential for realizing ‘Vision Zero’, that is, a future without accidents. For this vision to become reality, AI systems must evaluate digitized data. The applications become better, the more data they can evaluate.”
Dr. Damasky underlined the fact that manufacturers and suppliers drive forward the development of AI systems with the required caution.
“AI applications do not learn in an uncontrolled way. Instead the algorithm is trained because the applications will be used in safety-relevant parts of the vehicle. Moreover, they must satisfy the international regulations for approving technical vehicle systems. The German automotive industry sees huge opportunities in AI technology and is driving its development forward with care.”
Dr. Andree Hohm, Director Driverless Mobility at Continental Teves AG & Co. oHG:
“Reliable detection of the vehicle’s environment is a key foundation for automated driving. Technology, type approval and acceptance are inextricably intertwined. Broad acceptance demands that people can trust the technology and this makes riding in a driverless car as normal as riding in a driverless elevator.”
Alexander Kraus, Senior Vice President Business Unit Automotive, TÜV SÜD Auto Service GmbH:
“Automated and connected vehicles mean that the safety checks have to be adjusted. We are working on adapting the testing methods to take account of new technological challenges and furthering their development. For this, simulations and data-based methods already have to be integrated during vehicle development and enshrined in global standards. And in the future, after market launch we will have to consider software updates and make a shift from periodic servicing to continuous servicing.”
Thorsten Freund, Vice President Sales & Services Automotive at Siemens Industry Software GmbH:
“Our slogan is ‘Digitization path – smart and fast from today into your digitization of tomorrow,’ as we present our cutting-edge solutions for comprehensive digitization of product development and production processes in the automotive industry. We are not only using expert solutions to connect data models in the various realms of mechanics, electronics, software and automation, but we also provide the necessary IT architectures such as micro services. So we are ready to move with you into an agile world of tomorrow’s mobility. How ready are you?”
Ulrich Schrickel, Executive Vice President of Robert Bosch GmbH:
“Artificial intelligence (AI) and generating knowledge from data are the drivers of the fourth industrial revolution. Today we are challenged by the complex and heterogeneous data architecture. Our vision is therefore to have orchestrated production ecosystems: data standards will enable efficient data analyses. Homogeneous platforms will share knowledge gained and facilitate AI. Automation will relieve the burdens on employees and allow them to obtain further training.”
Prof. Peter Gutzmer, Deputy CEO and Chief Technology Officer at Schaeffler AG:
“The current trends are changing mobility demands and require new solutions. Schaeffler is actively shaping the change with its technologies. As a partner in the mobility industry we are developing new system solutions such as the Schaeffler Mover and the Bio-Hybrid for series production. Parallel to that, we are concentrating on fully electric powertrains, which offer the greatest growth potential. Agility and innovations ensure sustainable success. That means both developing what is already tried and tested, and breaking into new fields.”
SOURCE: German Association of the Automotive Industry (VDA)
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Mercedes-Benz EQC sales release & start of production: Electrified Mercedes hits the road
06.
May 2019
Stuttgart/Bremen
EQC (electricity consumption combined: 20.8 – 19.7 kWh/100 km; CO2 emissions combined: 0 g/km)* *Electric energy consumption and range have been determined on the basis of Regulation (EC) No. 692/2008. Electric energy consumption and range depend on the vehicle configuration.Stuttgart/Bremen. The Mercedes-Benz of electric vehicles is ready for launch. The Mercedes-Benz EQC (combined electrical consumption: 20.8 – 19.7 kWh/100 km; combined CO2 emissions: 0 g/km)[1] is produced at the Mercedes-Benz Bremen plant – and can be ordered now. There the EQC can be flexibly integrated into the ongoing series production of vehicles with combustion engine or hybrid drive. The high Mercedes-Benz production standards therefore ensure top quality across all vehicle models. As a CASE pioneer, the EQC 400 4MATIC offers extensive standard equipment and attractive services.
“With the Mercedes-Benz EQC, we are entering a new era of mobility. It is part of the growing family of all-electric vehicles at Mercedes-Benz and combines brand-defining features such as quality, safety and comfort. We offer our customers progressive design and unique ride comfort – and this with a range absolutely suitable for everyday use,” states Britta Seeger, Member of the Board of Management of Daimler AG responsible for Mercedes-Benz Cars Sales.
With its seamless, clean design and colour highlights typical of the brand, the Mercedes-Benz EQC is a pioneer for an avant-garde electric look while representing the design idiom of Progressive Luxury. In combination with the extensive services and a range of 445 – 471 km (NEDC)1, it makes electric mobility convenient and suitable for everyday use. The charismatic EQC impresses with the sum of its attributes. With its effortlessly superior driving impression, high level of acoustic comfort and exciting driving dynamics, the EQC displays all the brand's hallmark attributes – the Mercedes of electric vehicles. Prices for the Mercedes-Benz EQC start at €71,281[2] for the already generously equipped base version. Its net basic price of less than €60,000 makes it eligible for an environmental bonus in Germany – regardless of individual equipment.
Start of production: EQC ideally integrated into ongoing series production
The first EQC will roll off the production line at the Mercedes-Benz plant in Bremen. There it is being produced on the same line as the C-Class Saloon and Estate as well as the GLC and GLC Coupé – digitally, flexibly and sustainably. Production of vehicles with various drive systems can be adapted variably and efficiently in line with market demand. This approach is an ideal way to ensure the best possible use of capacity at the plant, and guarantee high Mercedes-Benz production and quality standards.
Digital solutions such as sophisticated mobile devices, driverless transport systems and the 'paperless factory' assist the assembly team. Production staff are irreplaceable, even in the age of electric mobility. The use of Big Data and artificial intelligence assists with predictive maintenance, for example. This means the fact that the company made investments in maximum flexibility and hi-tech equipment offering trend-setting Industry 4.0 solutions at an early stage is paying off.
“Flexibility and efficiency are decisive pillars of the strategy in our global production network at Mercedes-Benz Cars. Production of the EQC is perfect proof of this. The staff in Bremen have many years of experience in the production of vehicles with a wide range of drive types. We are building on this know-how in the electric age, too. With the start of production of the Mercedes-Benz EQC, we are turning the switch today – for the electric mobility of the future,” says Markus Schäfer, Member of the Divisional Board Mercedes-Benz Cars, Production and Supply Chain.
A video about the production of the EQC can be found on the Daimler YouTube channel: https://youtu.be/52CiFPBASaM
Unique: The “double marriage”
When the body, suspension and powertrain come together in automobile assembly, this is referred to as the “marriage” – in the case of the EQC this is when the two powerpacks are installed in the body. One major innovation is the so-called battery joining centre. The second “marriage” takes place here: This is where the EQCs are recognised as electric models with the help of data tags attached to the body, and equipped with a battery. The body is suspended from a carrier and deposited on a frame. Support arms raise the battery to the vehicle's floor from below. An employee monitors the automatic bolting in place.
Global production network and battery production network
Alongside Bremen, the Sino-German production joint venture Beijing Benz Automotive Co. Ltd. (BBAC) will start production of the EQC this year – for the local market in China. As it does for the C-Class and the GLC, Bremen acts as the centre of competence for production of the EQC in other locations. BBAC is part of the global production network of Mercedes-Benz Cars. Other production locations for future Mercedes-Benz EQ models are the Mercedes-Benz plants in Rastatt (Germany), Sindelfingen (Germany), Tuscaloosa (USA) and Hambach (France).
The batteries for EQC production in Bremen are produced by wholly owned Daimler subsidiary Accumotive at its site in Kamenz (near Dresden) and delivered partly charged. These batteries are kept near the production line and then delivered to the line flexibly on demand using driverless transport systems. Local battery production is a major success factor in the electric initiative of Mercedes-Benz Cars. The production network for the mobility of the future is well positioned.
All in all, the company will be investing over one billion euros in global battery production with two factories each in Kamenz/Saxony and Stuttgart-Untertürkheim (Germany), and one each in Sindelfingen (Germany), Beijing (China), Tuscaloosa (USA), Jawor (Poland) and Bangkok (Thailand). In future the worldwide battery production network of Mercedes-Benz Cars will consist of nine plants on three continents.
Extensive standard equipment gives a foretaste of what the future holds
Even the base version of the Mercedes-Benz EQC offers a wealth of standard equipment and, as the frontrunner of the EQ brand, embodies the four pillars of the CASE digitalisation strategy: “Connected”, “Autonomous”, “Shared & Services” and “Electric Drive”. With an innovative infotainment system, the latest driving assistance systems, services that go way beyond just the vehicle, and an intelligent drive system strategy, the premium SUV impresses with the sum of its attributes.
Connected: Intelligently conceived operating concept with EQC specifics
No other system epitomises the “Connected” CASE field more than the Mercedes-Benz infotainment system MBUX – Mercedes-Benz User Experience. It is fitted as standard in the EQC and, as part of the comprehensive control and display concept, creates an emotional link between driver, vehicle and passengers. Thanks to artificial intelligence, MBUX with Widescreen Cockpit comprising two 10.25″ displays and touchscreen control (right screen) has the ability to learn. The touchpad in the centre console is likewise included as standard. One unique feature is the voice control, which can even understand dialects and EQC-specific commands.
The MBUX version further developed especially for the EQC is a particular highlight. Features and services developed specifically to meet electric mobility requirements are used exclusively for EQ brand models: the Remote and Navigation Services that come as standard for the EQC pool a range of electric-driving functions. By way of example, they allow EQC-optimised navigation with range-optimised route planning including charging stops, customised charging settings, and pre-entry climate control in the vehicle. Indicators that were specified only for the Mercedes-Benz EQC, such as the power meter in the right tube of the instrument display, which replaces the rev counter, augment the positive user experience. Another highlight is the intelligent driver assistance with five different drive programs and five customisable recuperation levels that can be adapted based on the vehicle speed and route.
Autonomous: Attractive optional extras and additional packages
Mercedes-Benz is taking important steps towards automated driving (“Autonomous”) with the latest-generation Driving Assistance package (€2,296.70 [3]). This package pools further improved driving assistance systems and impresses with an array of additional comfort- and safety-enhancing measures. Features include Active Brake Assist with cornering and cross-traffic functions, Active Distance Assist DISTRONIC, and Active Steering Assist. The Driving Assistance package takes the strain off the driver and, if necessary, issues timely warnings to avoid dangerous situations.
Further optional extras such as the AMG Line exterior (€1,606.503) lend the Mercedes-Benz EQC a dynamic touch. Boasting features such as the twin-blade design on the radiator grille, it injects the sporty AMG genes into electric mobility and combines unique design with unique technology. The optional AMG Line interior (€1,082.903) adds to the sportiness of the EQC – visibly and tangibly. In addition to the electro-aesthetics of the interior, the multifunction sports steering wheel in nappa leather, with flattened bottom section and perforated grip area, for example, enhances driving pleasure. The sports seats with AMG-specific seat upholstery layout ensure good lateral support.
Shared & Services: Worry-free electric mobility over the long term
The S for “Shared & Services” in the CASE strategy is becoming increasingly important: Attractive EQC service packages configured for worry-free use of the vehicle over the long term meet customer demands for more comfort and convenience. This includes a number of service packages on offer when purchasing the vehicle: “Maintenance Service”, “Pick-up & Delivery Service”, “Vehicle Warranty Extension”, and “Wear Parts Package”.[4]
The “Maintenance Service” comprises all required maintenance for a period of up to six years or 150,000 kilometres. Special attention is paid to checking safety-relevant components and checking the functionality of electric components. Usage of Mercedes-Benz Genuine Parts and special tools ensures a smooth and reliable driving experience.
In combination with the “Maintenance Service”, the “Pick-up & Delivery Service” makes planning workshop visits more convenient than ever before. The vehicle will be collected for maintenance work over a period of six years (or up to six times) and also returned upon the customer's request. This use of the collect and deliver service is possible from the owner's home, from the office, or from any other place within a defined radius of a Mercedes-Benz workshop authorised for the EQC.
The “Vehicle Warranty Extension” service package provides protection for the owner against unexpected repair costs beyond the standard Mercedes-Benz new car warranty up until the vehicle is six years of age. The extension of the vehicle warranty is the optimal addition to the standard battery certificate for the high-voltage battery, which is valid for eight years or 160,000 kilometres.[5]
The “Wear Parts Package” includes the replacement of the most important wear parts such as brake pads, brake discs or wiper blades for a period of up to six years.
All of the above service packages are linked to the vehicle for a period of six years and are transferred to subsequent owners if the vehicle is sold.
In time for the Mercedes-Benz EQC launch there will be a “Holiday Mobility Package” available for customers in Germany. Through access to a Mercedes-Benz rental vehicle with a traditional combustion engine, the customer will be able to travel further distances on holiday in areas that do not yet have sufficient charging infrastructure.[6]
With the Holiday Mobility Package the customer receives a specific “mobility budget” for the premium rental service Mercedes-Benz Rent. This will give access to the full range of Mercedes-Benz products, from a convertible for a summer weekend break, through to the V-Class for a family holiday. The mobility package will be simple to redeem at Mercedes-Benz EQ partners, tailored according to individual needs and with the customary Mercedes-Benz Rent premium service. EQC customers will benefit from a price advantage of around 10% compared to regular Mercedes-Benz rental fees.
Electric: Power straight away, even from standstill
The EQC is the forerunner in Mercedes-Benz's new electric drive generation and thus represents the “Electric Drive” CASE field. The EQC has a total output of 300 kW (408 hp). An electric motor on each axle converts electrical energy into mechanical energy, offering impressive propulsion with 760 Nm. Thanks to an intelligent operating strategy, the drive components provide the power exactly where it is needed according to the driving situation – efficiently and almost silently. The fully variable 4MATIC all-wheel drive improves handling stability, above all in challenging road conditions. It distributes the power continuously variably and enhances handling safety, driving pleasure, and range.
The high-voltage lithium-ion battery in the EQC is the central energy storage device for the electric drive and impresses with its high power density and a usable energy content of 80 kWh (NEDC)[7]. This ensures a range of 445 – 471 km (NEDC)7 as well as high-performance electric drive. The modular system design comprising two modules with 48 cells and four modules with 72 cells allows a particularly compact design.
Charging at home
The EQC can basically be charged at a domestic socket; however, the Mercedes-Benz Wallbox Home enables all Mercedes-Benz battery-electric vehicles and plug-in hybrids to be charged many times more quickly than at a conventional domestic socket. The Mercedes-Benz Wallbox Home is a charging station that allows fast, safe and convenient recharging at home.
Together with a market-specific charging installation partner, Mercedes-Benz additionally offers fast and simple installation of the Mercedes-Benz Wallbox and professional e-mobility advice.
Relaxed travel, charging and payment
Standard equipment for the EQC includes extensive digital services that allow worry-free electric driving and charging.
The EQC-optimised navigation system automatically calculates a fast and comfortable route with short charging times and minimum charging stops. Off-board planning of the route is also possible by using the Mercedes me App. Pre-entry climate control ensures that the vehicle interior is at the desired temperature on departure. Dynamic route adjustment is possible thanks to the inclusion of vehicle data such as the current battery charge level as well as information about the route, weather and available charging stations.
Thanks to EQC-optimised navigation, Mercedes-Benz customers can easily find charging stations, and Mercedes me Charge gives them convenient access to the charging stations of numerous providers in different countries. Customers benefit from an integrated payment function with simple invoicing. Mercedes me Charge also allows access to the quick-charging stations of the pan-European network IONITY. Especially over long distances, the short charging times make for a pleasant journey along the main transport routes in Europe.
Limited special edition at launch
With the EQC Edition 1886 (combined electrical consumption: 20.8 – 19.7 kWh/100 km; combined CO2 emissions: 0 g/km)[8], which had its world premiere at the New York International Autoshow 2019, the inventor of the automobile shows that its idea of future mobility goes way beyond vehicles alone. The EQC Edition 1886 therefore features an extensive range of optional equipment and offers a wide range of customer-oriented electric-mobility services. Due to the extensive additional features and services, the EQC Edition 1886 will be priced at €84,930.30[9].
Technical data
CO2 emissions
0 g/km
Power consumption (NEDC)
20.8 – 19.7 kWh/100 km [10]
Range (NEDC)
445 – 471 km10
Charging time at Wallbox or at public charging station (AC charging)
11 hrs.[11]
Charging time at rapid charging station (DC charging)
approx. 40 min.[12]
Drive system
2 asynchronous motors, all-wheel drive
Output
300 kW (408 hp)
Peak torque
760 Nm
Top speed
180 km/h (governed)
Acceleration 0-100 km/h
5.1 s
Battery
Lithium-ion
Battery energy content (NEDC)
80 kWh
Battery weight
652 kg
Length/width (incl. mirrors)/height:
4,761/1,884 (2,096) /1,623 mm
Track width (FA/RA)
1,625/1,615 mm
Wheelbase
2,873 mm
Luggage compartment (depending on equipment fitted)
approx. 500 l
Kerb weight (EC)/perm. GVW/payload (EC)
2,495/2,940/445 kg
Perm. trailer load for 12% uphill gradient
1,800 kg
Mercedes-Benz EQC Price from (€)[13]
71,281.00
Mercedes-Benz EQC Edition 1886 Price from (€)[14]
84,930.30
[1] Electrical consumption and range have been determined on the basis of Regulation (EC) No. 692/2008. Electrical consumption and range depend on the vehicle configuration.
[2] Manufacturer's suggested retail price in Germany, incl. 19% VAT.
[3] Manufacturer's suggested retail price in Germany, incl. 19% VAT.
[4] This offer applies to Germany and the European markets, it may vary in other countries.
[5] The exact conditions of the “vehicle guarantee extension” are to be found in the respective general terms and conditions for each country when purchasing the vehicle.
[6] In other European countries, country-specific mobility solutions are being planned for EQC customers. These will be announced at a later date.
[7] Electrical consumption and range have been determined on the basis of Regulation (EC) No. 692/2008. Electrical consumption and range depend on the vehicle configuration.
[8] Electrical consumption and range have been determined on the basis of Regulation (EC) No. 692/2008. Electrical consumption and range depend on the vehicle configuration.
[9] Manufacturer's suggested retail price in Germany, incl. 19% VAT.
[10] Electrical consumption and range have been determined on the basis of Regulation (EC) No. 692/2008. Electrical consumption and range depend on the vehicle configuration.
[11] The charging times are for 10-100% full charge when using a Wallbox or public charging station (AC connection with at least 7.4 kW, 16A per phase)
[12] The charging times are for 10-80% full charge when using a DC rapid charging station with supply voltage 400 V, current at least 300A.
[13] Manufacturer's suggested retail price in Germany, incl. 19% VAT.
[14] Manufacturer's suggested retail price in Germany, incl. 19% VAT.
Press Contact
Stefanie Krugsberger
Global Business Communications
Industry 4.0 Production and Supply Chain, TecFactory, Cooperation ARENA 2036
stefanie.krugsberger@daimler.com
Tel: +49 711 17-45892
Fax: –
Wolfgang Würth
Manager Communications EQ
wolfgang.wuerth@daimler.com
Tel: +49 711 17-46508
Fax: +49 711 17-79016071
Sofia Stauber
Head of Global Business Communications
Mercedes-Benz Cars
sofia.stauber@daimler.com
Tel: +49 711 17-40598
Fax: +49 711 17790-91184
Koert Groeneveld
Head of International Product & Technology Communications
koert.groeneveld@daimler.com
Tel: +49 711 17-92311
Fax: +49 711 17-94365
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‘Boundless for all’: Kia presents vision for future mobility at CES Asia 2018
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Kia Motors exhibits autonomous, connected and eco/electric technologies at CES Asia 2018Collaborations with Baidu and Tencent QQ Music for innovative infotainment systemsFull Kia model range to be ‘connected’by 2030Niro EV Concept previews technologies for future eco-friendly vehiclesKia to commercialize Level 4 autonomous vehicles in smart cities by 2021Kia Motors today presents its vision for the future of mobility at the 2018 Consumer Electronics Show (CES) Asia in Shanghai. Under its new ‘Boundless for all’ vision, Kia is working towards a future in which opportunities for mobility and transportation are limitless. To broaden horizons with its mobility services, Kia is also demonstrating a range of new technologies as part of its new ‘Mobility-ACE’ strategy, to make its cars more Autonomous, Connected and Eco/Electric. “In the future, various technologies will coexist to allow customers to enjoy different lifestyles in increasingly complex..
FAURECIA: RESILIENT SALES WITH OUTPERFORMANCE AT CONSTANT CURRENCIES OF 58bps – GlobeNewswire
Nanterre (France), April 23, 2019FIRST-QUARTER 2019 SALESRESILIENT SALES WITH OUTPERFORMANCE AT CONSTANT CURRENCIES OF 580bps* Automotive production figures refer to IHS Markit dated April 16, 2019 (vehicle segments in line with CAAM for China)** In Q1, this new BG only includes sales from Coagent (consolidated since January 1, 2018) and Parrot Automotive (sales consolidated since… Continue reading FAURECIA: RESILIENT SALES WITH OUTPERFORMANCE AT CONSTANT CURRENCIES OF 58bps – GlobeNewswire
Bosch Mobility Solutions in China’s automotive market
Mobility Solutions is the largest Bosch Group business sector. According to preliminary figures, its 2018 sales came to 47 billion euros, or roughly 60 percent of total group sales from operations. This makes the Bosch Group one of the leading automotive suppliers. The Mobility Solutions business sector pursues a vision of mobility that is accident-free,… Continue reading Bosch Mobility Solutions in China’s automotive market
Liam O’Connor, hired to help build Lyft’s bike and scooter business, has left after 7 months
The emerging business of offering bikes and scooters on demand has not always been very smooth, and today comes one of the latest bumps: TechCrunch has learned and confirmed that Liam O’Connor, an executive hired to help transportation company Lyft build its bike and scooter operations, has left after seven months with the newly-public company.… Continue reading Liam O’Connor, hired to help build Lyft’s bike and scooter business, has left after 7 months