Industry
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Toyota on Monday announced it would accelerate its vehicle electrification plans as part of an overarching strategy to reduce fleet-wide carbon emissions by as much as 90 percent from 2010 levels, by the year 2050. Under the accelerated plans, Toyota hopes to have every model in the Toyota and Lexus lineups either be a dedicated electrified car or offer an electrified option by 2025. Electrified at Toyota means hybrid, battery or hydrogen fuel cell powertrains. The automaker also has an annual sales target of 5.5 million electrified cars, or roughly half of its total sales, by 2030. This...
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Alpine A110 enters production at historic Dieppe plantIt’s been a long time coming, but Alpine’s A110 is finally in production. Some readers will recall Alpine’s parent company, Renault, first announced plans for the car in 2012. It was originally to be developed alongside a similar model from Caterham, but the British firm pulled...
Viknesh Vijayenthiran -
Faraday Future’s Chinese backer placed on debt blacklist in latest setback for automakerTo say Faraday Future has been having a tough couple of months is probably the understatement of the year. The latest in a long list of setbacks is news that main backer Jia Yueting, the founder of Chinese tech giant LeEco, has been placed on an official list of debt defaulters in China after...
Viknesh Vijayenthiran -
Toyota and Panasonic look to form battery allianceToyota and Panasonic announced on Wednesday their intention to study the feasibility of a battery joint venture. In a statement, the companies said the joint venture is intended to address growing demand and expectations for vehicle electrification. Toyota alone is targeting the sale of 4.5 million...
Viknesh Vijayenthiran -
Japanese automakers, energy firms form new company for hydrogen filling stationsJapan’s three major automakers Toyota, Nissan and Honda have teamed up with local energy firms and the Japanese government to form a new company whose purpose is to roll out hydrogen filling stations. The company, which will be established next spring, has an initial goal of 160 stations to...
Viknesh Vijayenthiran -
Budweiser brewer orders fleet of Tesla SemisBudweiser brewer Anheuser-Busch wants its beer delivery process to be just a smidge more green. The company announced on Friday that it placed a pre-order for 40 Tesla Semis and proclaimed it's one of the largest orders to date. Tesla CEO Elon Musk has hinted that the trucks will start from as low...
Sean Szymkowski -
A Chinese rival to ridesharing companies like Uber and Lyft may be about to set up shop in North America. According to Reuters’ sources, Didi Chuxing plans to expand its app-based service to Mexico in 2018, the first time the company would be operating outside of China. Didi has said that its goal is to expand outside of China though the company is yet to say where and when such a move would happen. The company says it is keen to capitalize on the millions of Chinese who travel overseas each year and require transport. According to Reuters, Didi managed to raise $5.5 billion in April to...
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Ford to build electric SUV in Mexico instead of MichiganFord in 2015 outlined plans for 13 new electrified cars to be launched by 2020, one of which will be an electric SUV with a range of 300 miles. The original plan was to build the SUV at Ford’s Flat Rock plant in Michigan, where Ford is spending $700 million to transform the site into a hub...
Viknesh Vijayenthiran -
Ford to team up with Alibaba for online car sales in ChinaOne of the most important markets for automakers exists in China. There is an unstoppable force of buying power that is growing, and it's doing so on a massive scale. Every automaker is looking to gain an edge when it comes to the Chinese market, and Ford may have just taken a big step towards...
Jeff Glucker -
Chevy to enter Australia with a little help from HSVWith the end of production of rear-wheel-drive, V-8-powered Holden Commodores in October, Australian tuning firm HSV no longer has access to suitable donor vehicles to continue churning out its signature muscle sedans. But instead of going quietly into the night, HSV has struck a deal with General...
Viknesh Vijayenthiran -
The Boring Company publishes map of proposed tunnelsThe Boring Company, one of many projects under Elon Musk's watch, has released a map showing where it imagines its first network of tunnels to run, if and when it receives government approval. The map depicts two major arteries which follow Interstate 405 and 101 in California. It also shows that...
Sean Szymkowski -
VW manager receives 7-year prison term, $400,000 fine for diesel scandalA second former Volkswagen Group employee has received a prison sentence in relation to the automaker’s diesel emissions cheating scandal. German citizen Oliver Schmidt was sentenced on Wednesday by United States District Court Judge Sean Cox to seven years in prison for his involvement in...
Viknesh Vijayenthiran -
As part of its 2030 Vision strategy announced in June, Honda aims to have a car with Level 4 self-driving capability on sale by the year 2025. The target date is later than what rivals are promising (typically around 2021) but is probably more realistic, perhaps not because of the ability of the technology but rather an accommodative regulatory environment. As is becoming the standard practice in the industry, Honda is teaming up with firms specializing on various aspects of self-driving cars. On Thursday, the automaker announced it has signed a 5-year joint research and development agreement...
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Head Faraday Future designer resignsFaraday Future won't necessarily end 2017 on a high note. The company's chief designer, Richard Kim, tendered his resignation on November 27, The Verge reported last Friday. Kim is a former BMW designer and one of the earlier hires at the fledgling electric-car company. The report said Kim had...
Sean Szymkowski -
Before BMW builds a prototype it builds a pretertypeFor an automaker to embark on a new car or other project isn't a simple task. Foremost, it costs money, and developing a car isn't exactly inexpensive. So, BMW has a new way of doing things: it builds "pretertypes" before a prototype. Rainer Daude, head of BMW's forward-looking technology office...
Sean Szymkowski -
BMW’s electrification plans mapped outThe BMW Group is committed to launching 25 electrified cars by 2025, 12 of which will be battery-powered electrics. The automaker on Tuesday revealed the full schedule for the 25 cars along with a few tentative details. The first two cars out of the 25 have already been revealed. They are the BMW...
Viknesh Vijayenthiran -
Shell joins major automakers on Ionity fast-charging networkOil giant Shell has teamed up with some of the world’s biggest automakers to deploy a fast-charging network spanning Europe. The network, called Ionity, is being rolled out by a newly formed joint venture consisting of the BMW Group, Daimler, Ford and the Volkswagen Group, and will offer up...
Viknesh Vijayenthiran -
NEVS starts production of electric 9-3s in ChinaProduction of the Saab 9-3 has restarted for the second time, only this time the cars are being built in China, feature electric powertrains, and are to be sold under the NEVS brand. The first NEVS 9-3 rolled off a plant in Tianjin, China on Tuesday, marking an important step in NEVS’s plan...
Viknesh Vijayenthiran -
Marketers, advertisers, and companies in general are itching to implement the next era of entertainment and connectivity. It's coming, and it will likely be broadcast in future self-driving cars. Intel sees the future today, and on Wednesday the tech giant announced a new deal with Warner Bros to develop in-car entertainment experiences. The deal will work on rider experiences on content for passengers in self-driving cars, and both companies plan to build a concept to demonstrate what in-car entertainment will look like in the future. The opportunities for entertainment companies are...
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Mazda to build new CX-7 at US plant?Mazda in August revealed plans for a new plant to be constructed in the United States in partnership with Toyota. Due to be operational in 2021, the plant will build Corollas for Toyota and an SUV for Mazda. In an interview with Automotive News (subscription required), Mazda CEO Masamichi Kogai...
Viknesh Vijayenthiran -
Audi confirms 2 more electric SUVsAudi on Tuesday confirmed plans for two new electric SUVs. The vehicles will be built at Audi’s main plant in Ingolstadt, Germany from 2021. Audi made the confirmation during a meeting with employee representatives to discuss job security through 2025. Crucially, it helps to alleviate fears...
Viknesh Vijayenthiran -
GAC Motor to enter US market in 2019 with Trumpchi GS8 SUVGAC Motor is shaping up to be the first major Chinese automaker to launch in the United States. The state-owned company, which operates the Gonow and Trumpchi brands, on Friday confirmed plans to enter the U.S. market by the end of 2019, The New York Times reports. The first model to arrive will be...
Viknesh Vijayenthiran -
BMW issues stop-sale order and recall on all i3 electric carsBMW last week issued a stop-sale order and recall for every i3 in the United States, meaning from the 2014 model up to the present 2018 car. A total 30,542 cars are affected. The cause? It seems that in a recent round of testing, the National Highway Traffic Safety Administration determined that a...
Viknesh Vijayenthiran -
BMW to build battery labIn yet another sign of the growing importance of electrification, BMW on Friday announced plans to establish a lab dedicated to the development of batteries. To be located in the automaker’s hometown of Munich, Germany, the lab will open in early 2019 and develop technologies to be used...
Viknesh Vijayenthiran