Top News:
- Germany summons Daimler to address diesel allegations – Reuters: Germany’s Volkswagen investigation committee has summoned German carmaker Daimler for an extraordinary meeting on Thursday to address allegations it sold cars with excessive emissions, the Transport Ministry said.
- German Fines 3 Volkswagen Suppliers for Alleged Collusion – New York Times: BERLIN – Germany’s antitrust authority has fined three suppliers of Volkswagen AG a total of 9.6 million euros ($11 million) for allegedly colluding on…
- Tata Steel paid bosses bonuses as staff lost out on pensions – FT: Tata is India’s largest conglomerate, with UK business interests ranging from the luxury carmaker Jaguar Land Rover to Tetley tea bags.
- Off the Map: The Rough Road Ahead for Self-Driving Cars in China – WSJ: Self-driving cars need detailed maps to help them discern their exact location, navigate tricky intersections and avoid fixed objects like buildings.
- Electric cars to account for all new vehicle sales in Europe by 2035 – Guardian: All new cars sold in Europe will be electric within less than two decades, driven by government support, falling battery costs and economies of scale, a Dutch bank has predicted. However, ING warned that with battery-powered vehicles accounting for 100 …
- Yandex and Uber to merge in Russia and five other countries – Reuters: Yandex, the “Google of Russia”, and Uber have agreed to merge their ride-sharing businesses in Russia and five neighboring markets with Yandex as leading partner, the companies said on Thursday.
- Carmakers demand changes to China’s electric car quota – WirtschaftsWoche – Reuters: The world’s four biggest automotive industry associations have written to China’s government to demand it change its plans for strict sales quotas for electrically powered vehicles, German weekly magazine WirtschaftsWoche reported, citing the letter.
- Electric car boom will fuel demand for power, says National Grid – Guardian: A dramatic growth in electric vehicles on Britain’s roads could see peak electricity demand jump by more than the capacity of the Hinkley Point C…
- BRIEF-Electrovaya sells lithium ion cells to European electric vehicle producer – Reuters: * Electrovaya sells lithium ion cells to European electric vehicle producer through follow-on purchase order
- Robotaxis’ Vomit Problem: There’s No One to Clean Up the Mess – Bloomberg: They have a nasty habit of throwing up in moving vehicles. Rideshare drivers are acutely aware that customers tend to do that, along with slightly less…
- Hyundai i30N to be revealed today – Autocar: First N-badged Hyundai performance model has been testing at the ‘Ring before it goes on sale this autumn for less than £30,000
- Uber Merges Russian Arm With Yandex.Taxi – WSJ: Uber Technologies is combining its Russian operations with Yandex.Taxi, a rare retreat that shows the beleaguered San Francisco company’s willingness to withdraw from costly battles abroad.
- Uber and Yandex, a Russian ride-hailing rival, join forces in Eastern Europe – CNBC: Uber said it had formed a partnership with Yandex, the Russian search giant and operator of the ride-hailing service Yandex.Taxi.
- Audi A8 poised to benefit from Germany’s new self-driving law – Automotive News: Audi’s new A8 flagship sedan is poised to be the first production car to take advantage of a new law passed late last month in Germany that allows…
- BRIEF-Yandex and Uber to combine their ridesharing businesses in Russia and neighboring countries – Reuters: * Yandex and Uber to combine their ridesharing businesses in russia and neighboring countries
- Uber and Yandex team up in Russian car booking market – FT: … Uber and Yandex are combining car booking operations across Russia and central Asia … The new combined company will have monthly gross bookings of about $131m,…
- UK Grid Faces Test of 1 Million Electric Cars in 5 Years – Bloomberg: Electric vehicles will boost peak demand on Britain’s power network by as much as 16 percent by 2035, according to National Grid Plc. One million…
- Uber Offers a Thankless Job, and the Applications Flood In – New York Times: .
- Daimler shares dip on emissions cheating report – FT: Daimler shares slipped over 1 per cent at the start of trading Thursday after a … The parent of Mercedes-Benz opened an internal investigation into…
- Peugeot’s China, Europe sales decline offset by Iran – Reuters: PSA Group said first-half sales dipped in Europe and continued to plunge in China, although the French carmaker’s formal return to …
- Peugeot sales tumble in China and Europe, while Iran fares better – Reuters: PSA Group said its vehicle sales rose 2.3 percent in the first half, as the French carmaker’s formal return to the Iranian market …
- GM’s judgment day: How two Venezuelan car dealers seized an auto factory – Reuters: Venezuela’s government has seized assets from dozens of foreign corporations in nationalizations by the late …
- Summary: Chinese sedan market in May 2017 – Automotive News: Dongfeng Honda’s sedan sales grew a commendable 88.3% year-on-year, due in large part to the competiveness of the new Honda Civic. Geely was…
- Tollbooths become key for self-driving success – Automotive News: Renault on Monday announced a collaboration with Sanef, a French highway operator, that is focusing on how self-driving cars navigate toll lanes.
- Payne: McLaren 570GT is a carbon-fiber rocket ship – Detroitnews: McLaren rockets into production with state of the art handling digital tech and powertrain
- Tesla’s Giant Battery Seen Credit Positive for South Australia – Bloomberg: Billionaire Elon Musk’s plan for Tesla Inc. to build what he says is the world’s biggest lithium-ion battery system in South Australia will be credit positive for the region if it can improve reliability and lower power-supply costs, according to Moody ..
- Electric vehicles could lift UK peak power demand by 3.5 GW by 2030-National Grid – Reuters: The growing use of electric vehicles could increase electricity peak demand by 3.5 gigawatts (GW) in Britain by 2030, …
- Carmakers flex their muscles with performance models – Detroitnews: From the Demon to the Mustang, muscle cars and speedsters help automakers shine a light on engineering prowess
- 2017 Hyundai Ioniq electric car is long on features, short on range – Freep: How big a limitation is a battery range of 124 miles in an electric car? Not crippling, but meaningful, I learned in a week driving Hyundai’s 2017…
- Polestar plots 600bhp coupe for inaugural model – Autocar: Volvo and Polestar insiders have already confirmed that the brand intends to specialise in high-performance petrol-electric drivetrains. Volvo’s performance arm is now a standalone brand and a fast two-door coupe, as well as a second model, are being considered
- Aston Martin dives deeper into Valkyrie – Autocar: Aston Martin’s upcoming Valkyrie hypercar has been hotly anticipated ever since rumours began to make the rounds of its existence. Now the…
- Daimler Probe Reviews Engines Used in 1 Million Cars, SZ Reports – Bloomberg: Daimler AG faces allegations it sold cars with illicit emissions controls for almost a decade, Sueddeutsche Zeitung reported, citing a warrant that…
- One image shows how far the Tesla Model 3’s design has come – Yahoo: When Tesla unveiled the Model 3 to the world nearly 16 months ago, Elon Musk made a point of noting that we were only glancing at a Model 3 prototype. So while the vehicular design, in a broad sense, was complete, it was never any secret that the car’s…
- Will electric cars spell doom for big oil? – Reuters: With electric car sales now booming, how is the oil industry prepping for life after gas guzzlers? Emily Wither reports from the the 22nd World …