TOKYO (Reuters) – Toyota Motor Corp (7203.T) on Wednesday forecast a 4.2 percent slide in operating profit for the current financial year, as it expects a stronger yen to offset slightly higher global vehicle sales and cost reductions. The Toyota company logo is pictured at the India Auto Show 2018 in Greater Noida, India, February… Continue reading Toyota flags lower annual operating profit on higher yen
Tag: Electric vehicles
Audi fleshes out its corporate strategy and plans to sell 800,000 electrified cars in 2025
Audi aims to sell approximately 800,000 fully electric cars and plug-in hybrids in the year 2025. At this Wednesday’s Annual General Meeting of AUDI AG, the Board of Management presents the updated “Audi.Vorsprung.2025.” strategy. To enable about every third customer to decide in favor of an e-model by the middle of the next decade, there… Continue reading Audi fleshes out its corporate strategy and plans to sell 800,000 electrified cars in 2025
New ultra-capacitor tech could drastically boost battery EV range
A fast-acting carbon ‘ultra-capacitor’ that could take 30% off the weight of a lithium ion EV battery pack is under development in France. The ultra-capacitor, which is built using carbon and graphene nano-technology, is claimed to store and discharge electrical energy much more quickly than a lithium ion cell. “Our advantage is the speed of charge… Continue reading New ultra-capacitor tech could drastically boost battery EV range
Hyundai Mobis to make inroads into automotive digital instrument cluster market
SEOUL, May 9 (Yonhap) — Hyundai Mobis Co., South Korea’s biggest auto parts maker by sales, said Wednesday it aims to make inroads into the global automotive digital instrument cluster market to generate future growth. Hyundai Mobis, the auto component affiliate of Hyundai Motor Group, said it began production of 7-inch digital instrument clusters for… Continue reading Hyundai Mobis to make inroads into automotive digital instrument cluster market
Tesla Gets a Vote of Confidence as Supplier Orders Accelerate
The Tesla Model 3 debate received further fodder on Tuesday after JL Warren Capital LLC said it has noticed “encouraging signs” of a potential pickup in the pace of production. Suppliers for the electric vehicle maker’s more affordable sedan have started seeing increased orders, the research firm said in a note to clients. SAS Automotive,… Continue reading Tesla Gets a Vote of Confidence as Supplier Orders Accelerate
Flying Cars Get Uber Boost From Research Pact With NASA
Uber Technologies Inc. announced a partnership to study urban manned aircraft in conjunction with the U.S. space agency NASA, following a partnership last year that focused on unmanned drones. As part of the deal, Uber will share its data with the National Aeronautics and Space Administration to move the world closer to developing air traffic… Continue reading Flying Cars Get Uber Boost From Research Pact With NASA
Audi Targets $1.2 Billion Profit Boost From Car-Data Services
Audi is gearing up to boost profit outside its traditional business of producing and selling upscale cars in a push against Silicon Valley’s software giants that are keen to mine potentially lucrative vehicle data. The world’s third-largest luxury-car brand expects to generate operating profit of 1 billion euros ($1.2 billion) in 2025, the Volkswagen AG… Continue reading Audi Targets $1.2 Billion Profit Boost From Car-Data Services
In self-driving car race, Waymo leads traditional automakers
You are here: Home » OEM » Automakers and Suppliers » Waymo is testing autonomous driving using Chrysler Pacifica minivans. Photo credit: Katie Burke UPDATED: 5/8/18 11:14 am ET DETROIT/MUNICH — In the race to start the world’s first driving business without human drivers, everyone is chasing Alphabet’s Waymo. The Google sibling is ahead of traditional automakers such… Continue reading In self-driving car race, Waymo leads traditional automakers
Uber Gives Us The First Glimpse Of What It Wants Its Flying Taxi To Look Like
You already know that Uber wants to clog up the skies the way it has roads in cities all over the world. But now we know what the airborne Uber vehicle could look like. Today, Uber has finally unveiled a design called the Common Reference Model (CRM). Yes, the name is not sexy. But the vehicle itself… Continue reading Uber Gives Us The First Glimpse Of What It Wants Its Flying Taxi To Look Like
Audi eyes 800,000 electric and hybrid car sales in 2025
BERLIN, May 8 (Reuters) – German premium brand Audi on Tuesday said it plans to sell about 800,000 battery-electric and hybrid powered cars in 2025, as it seeks to catch up with electric car rival Tesla and emerge from a damaging emissions-cheating scandal. Audi’s image has been tarnished by regulatory probes investigating what role its… Continue reading Audi eyes 800,000 electric and hybrid car sales in 2025