The race to develop autonomous and electric vehicles could be a race to the bottom for the automotive industry — at least in the near-term. A new global study by consulting firm AlixPartners paints an ominous forecast for automakers in the next few years, a toxic cocktail of big spending and lots of competition mixed… Continue reading Automakers are burning through billions in EV, AV race
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BMW joins Airbus in Brexit warning
In this Wednesday, March 21, 2018 photo the logo of German car manufacturer BMW is pictured at the headquarters in Munich, Germany.Photo/Matthias Schrader, file) London: Car giant BMW has followed plane-maker Airbus in warning about the consequences of Brexit uncertainty. BMW UK boss Ian Robertson has said clarity is needed by the end of the… Continue reading BMW joins Airbus in Brexit warning
Toyota To Provide Suzuki Technology To Build New Compact Car Engine
Toyota Motor Corp. and Suzuki Motor Corp. today agreed to start discussions on undertaking new joint projects for technological and market development, and vehicle production. As part of the new arrangement, Toyota will offer Suzuki the technology to develop a new compact and highly efficient car engine for India and other global markets, Toyota said… Continue reading Toyota To Provide Suzuki Technology To Build New Compact Car Engine
Toyota To Enhance Localisation In Brezza, Baleno To Make Them Cost Effective
Toyota Motor Corp. plans to increase the local content of Baleno and Vitara Brezza models which it will receive from compatriot Suzuki Motor Corp. for selling in India under their partnership to make them price competitive, a senior company official said today. The likely changes to be brought in the two models “are still under… Continue reading Toyota To Enhance Localisation In Brezza, Baleno To Make Them Cost Effective
‘Zero’ chance of Renault taking over Nissan, Mitsubishi: Ghosn
TOKYO (Reuters) – Renault SA (RENA.PA) absorbing Nissan Motor Co. (7201.T) and Mitsubishi Motors Corp (7211.T) is not an option as the carmakers look to strengthen their partnership while retaining their autonomy, alliance chairman Carlos Ghosn said on Friday. FILE PHOTO: Carlos Ghosn, chairman and CEO of the Renault-Nissan-Mitsubishi Alliance, responds to a question on… Continue reading ‘Zero’ chance of Renault taking over Nissan, Mitsubishi: Ghosn
Volkswagen aims for solid-state battery production by 2025
Volkswagen has announced that it aims to have a production facility for solid-state batteries by 2025. The announcement comes with the VW Group’s £75 million investment in Californian battery technology company QuantumScape, following six years of collaboration with the firm. Solid-state battery technology, Volkswagen claims, would more than double the capacity compared with the brand’s current… Continue reading Volkswagen aims for solid-state battery production by 2025
BYD Looks To Enter European Battery Market With New Factory
1 M BY MARK KANE BYD could become yet another battery manufacturer that will build a battery factory in Europe. The Chinese company expressed interest in entering and quickly expanding the European market of plug-in electric vehicles. “We are considering cell production outside of China and that includes Europe,” Julia Chen, Global Sales Director at… Continue reading BYD Looks To Enter European Battery Market With New Factory
General Motors saves $300000 by switching to 3D printed tooling
The Lansing Delta Township assembly plant of American multinational vehicle manufacturer General Motors has reported an expected cost saving of over $300,000 since it acquired a 3D printer three years ago. The savings were described to specialist General Motors Reporter Michael Wayland at Automotive News by Zane Meike, 3D printing lead at the Michigan plant. Driving forward… Continue reading General Motors saves $300000 by switching to 3D printed tooling
VW wants with truck IPO more than six billion gather in
D he IPO of the truck division of Volkswagen should become one of the largest new issues in Germany ever. When asked if he actually with an issue proceeds of about six billion euros, VW Truck CEO Andreas Renschler told the “manager magazin”: “That might be a bit more.” The exact timing of an initial… Continue reading VW wants with truck IPO more than six billion
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Shanghai commits to Divergent 3D printed electric vehicle production
The Divergent 3D node-based additive manufacturing technology, used to make the Blade supercar, is to be the driver of a new electric vehicle (EV) production plant in Shanghai. The forthcoming factory is a joint development between EV investment firm We Solutions, and Shanghai Alliance Investment, a private equity and venture capital arm of Shanghai Municipal Government.… Continue reading Shanghai commits to Divergent 3D printed electric vehicle production