Tag: Electric vehicles

Geofencing: Plug-in hybrids from BMW should automatically switch to electric drive

If necessary electric Many BMW models will be on the road in the future (semi-) electric. (Photo: Reuters) MunichThe semi-electric plug-in hybrid cars have long been considered a solution to the emission problems of the auto industry. Because in theory, the cars can drive in the city center emission-free and fully electric, and yet drivers… Continue reading Geofencing: Plug-in hybrids from BMW should automatically switch to electric drive

Toyota Hybrids Reach New UK Sales Milestone

Toyota has accelerated past two more milestones for its self-charging hybrid technology with UK sales of its hybrid cars reaching 300,000 units. At the same time, total Toyota (GB) hybrid sales, which include Lexus models, have broken through the 400,000 mark. These totals have been achieved in the 19 years since the original Toyota Prius… Continue reading Toyota Hybrids Reach New UK Sales Milestone

Harald Krüger: BMW wants to accelerate electric car plans

BMW wants to have 25 electrified models in the program in 2023 Previously, this has been planned for 2025, but CEO Harald Krüger reportedly wants faster electric cars introduce. June 25, 2019, 7:56 am, Andreas Donath BMW i3 (Image: BMW) BMW plans according to a report of the Frankfurter Allgemeine Zeitung (FAZ), two years earlier… Continue reading Harald Krüger: BMW wants to accelerate electric car plans

Hyundai backs Aurora to develop driverless systems for Kia and Hyundai models

A Hyundai NEXO fuel cell vehicle with Aurora self-driving systems.AuroraHyundai Motor Group is investing in Aurora, a developer of self-driving technology for autos, with a plan to bring the systems to Hyundai and Kia models.
The companies have been working for the past year to develop and integrate the “Aurora Driver” into Hyundai's NEXO fuel cell vehicles as well as on other projects.
It's an extension of an existing partnership and furthers the work that large auto manufacturers are doing with developers of driverless technology. General Motors acquired Cruise in 2016, and Ford took a stake in Argo.ai the following year. Aurora still aims to provide autonomous systems to many different players.
On Monday, Aurora announced a partnership with Fiat Chrysler to develop self-driving vehicles for corporate clients. It also works with Chinese electric vehicle maker Byton.
Aurora CEO Chris UrmsonAuroraIn a statement, Aurora co-founder and chief product officer Sterling Anderson — previously the director of Autopilot programs at Tesla — said the company's aim with its partners is to “deliver the benefits of self-driving technology safely, quickly, and broadly.” After reportedly failing to acquire Aurora last summer, Volkswagen concluded a partnership with the company on Tuesday.
Aurora employs lidar, or light ranging and detection sensors, as part of its autonomous systems. That's different than Tesla, which uses cameras and radar primarily to power its “full self-driving” and Autopilot features.
Led by CEO Chris Urmson, former technical lead of Google's self-driving efforts, Aurora has raised at least $700 million in funding. Other investors include Amazon, Greylock, Sequoia, Shell Energy's venture group and T. Rowe Price. The size of Hyundai's investment wasn't disclosed.
WATCH: The best way to get self-driving vehicles on the road
VIDEO3:2903:29The best way to get self-driving vehicles on the road.

Tesla granted tariff exemption on Japanese aluminum for battery cells

Sponsored Links ASSOCIATED PRESS Tesla has won an exemption from paying the 10 percent tariffs placed on imported aluminum from Japan. It filed a request with the Commerce Department in April for a tariff exclusion on 10 million kilograms of the metal per year from Nippon Light Metal Co for battery cells made in the… Continue reading Tesla granted tariff exemption on Japanese aluminum for battery cells

Trilumina Launches the World’s First Surface-mount Flip-chip Back-emitting VCSEL Array Without the Need for a Submount

June 20, 2019 Game-changing “LED Killer” Device Enables Lowest Cost, Smallest, High Performance for Mobile 3D Sensing Applications and Innovative NIR Illumination Options Albuquerque, N.M., June 20, 2019 – TriLumina, the leading developer of flip-chip VCSEL(vertical-cavity surface-emitting laser) technology for 3D sensing, announces the launch of the world’s first surface-mount flip-chip back-emitting VCSEL array without… Continue reading Trilumina Launches the World’s First Surface-mount Flip-chip Back-emitting VCSEL Array Without the Need for a Submount

Peter Altmaier’s electromobility plans: With three battery consortia to the electric car world champion

DPA Battery of a smart electric car: Three consortiums will in future produce lithium-ion cells in Germany Federal Minister of Economics Peter Altmaier has last for his industrial strategy a lot of criticism plug in have to. With a central project in the course of this strategy the CDU man obviously advances: So Altmaier wants… Continue reading Peter Altmaier’s electromobility plans: With three battery consortia to the electric car world champion

Goldman Sachs cuts Tesla price target: ‘Downward path for shares will resume’

Elon Musk, co-founder and chief executive officer of Tesla Motors Inc.Yuriko Nakao | Bloomberg | Getty ImagesGoldman Sachs slashed its price target on Tesla on Thursday and said it was expecting shares to continue to decline over concerns about demand.
“Sustainable demand [is] the key question as shares [are] likely continue to de-rate,” the bank said in a note. Goldman lowered the price target to $158 from $200, which would represent a 30% drop from Tesla's current levels based on Wednesday's close of $226.43.
“We believe that is the largest question for investors to underwrite at this point — what are sustainable demand levels for the Model S, Model X, and Model 3 — and how does that change with the introduction of Model Y production,” Goldman Sachs analyst David Tamberrino said. “We believe a downward path for shares will resume as it becomes more clear that sustainable demand for the company's current products are below expectations.”
Tesla shares are down more than 3% on Thursday. The stock is down 30% this year as the company continues to be mired in a myriad of controversies. Analysts and investors also continue to mull whether the company will need to raise more capital.
Watch: Analysts are divided on Tesla — one investor makes the bull caseVIDEO6:3906:39Analysts are divided on Tesla. Watch one investor make the bull caseSquawk Box

IONITY opens 100th high-power DC charging station

IONITY, a joint venture of several automakers that’s building a fast charging network in Europe, has opened its 100th high-power charging site. Located in Rygge, Norway and operated by Circle K, the site has six 350 kW IONITY charging points, and has the space to add up to six more. “Rygge is an ideal stop-off… Continue reading IONITY opens 100th high-power DC charging station