- Toyota research arm takes first step into Israel’s start-up scene with investment into robotics for the … – CNBC: Japan’s Toyota has just announced itself on the Israeli start-up scene, confirming on Tuesday that it has led an early-stage funding round in Israel’s…
- Audi seeks to eclipse emissions scandal with new technology-packed A8 car – Reuters: Battered by its emissions scandal, Audi launched its latest technology-packed A8 luxury saloon on Tuesday, aimed at overtaking rivals Mercedes-Benz and BMW as it struggles to overcome its biggest-ever corporate crisis.
- London’s Iconic Black Cab Company Rebrands for Electric Future – Bloomberg: Geely wants to tap into the global market for low emissions vehicles. More than half of new cars sold globally will come with a plug by 2040, led by…
- New LEVC TX London taxi revealed with zero-emissions capability – Autocar: The new LEVC TX has a range of over 400 miles, and can run for more than 70 miles on full electric power New range-extender black cab has a range of more than 400 miles, and can run for more than 70 miles on electric power only
- House panel to unveil self-driving car legislation soon: aide – Reuters: U.S. House Republicans expect to introduce bills later this week that would bar states from setting their own rules for self-driving cars and take other steps to remove obstacles to putting such vehicles on the road, a spokeswoman said.
- Faraday Future halts work on Nevada car plant – Automotive News: Faraday Future, the electric-vehicle startup backed by LeEco founder Jia Yueting, halted plans to build a $1 billion factory in Nevada as the troubled tycoon fights for the survival of his Chinese car business.
- Driverless Tech Pioneer Predicts Multiple Winners In Autonomous Car Race – Forbes: Though overshadowed to some extent by Google and its Waymo self-driving car unit and Uber’s aggressive push for autonomous vehicle dominance,…
- Faurecia will supply seats to GM’s China JV – Automotive News: … Wuling Industry Co. to build seats for SAIC-GM-Wuling Automobile Co., General Motors’ joint venture.
- Toyota leads $14 million funding round for Israel’s Intuition Robotics – Reuters: Intuition Robotics, an Israeli developer of artificial intelligence robots for use by the elderly, said on Tuesday it raised $14 million in an early stage funding round led by the Toyota Research Institute (TRI).
- Honda suspends Mobilio minivan sales in India amid weak demand – Nikkei: Honda Motor has temporarily halted sales of its Mobilio minivan in India because of weak demand three years after the…
- Bentley Bentayga plug-in hybrid due in 2018 with zero-emission capability – Autocar: Electrified version of luxury SUV will introduce third powertrain to the range, offering a full EV mode
- 2017 Audi A7 Sportback – hot S7 variant spotted testing – Autocar: hot version will be initial range-topper New luxury liftback models will get a front end design that’s similar to the next A8’s
- Audi A8 leads way for five new models in 2018 – Autocar: The new Audi A8 is the first of five models Audi will launch in the coming year The E-tron electric SUV is due to kick off Audi’s foray into electric vehicles next year; four other models including a new A1 are expected to be launched
- Faraday Future scraps $1bn Las Vegas electric car factory – FT: Faraday has pitched itself as a challenger to Tesla in electric vehicles, unveiling its first production vehicle, the FF91, at a glitzy event at January’s…
- Hyundai bets on safety features in Kona SUV – Yonhap: A 108-kilometer, 100-minute drive found Hyundai Motor Co.’s subcompact sport-utility vehicle Kona unique among…
- Chinese power batteries are chasing after Japanese and Korean products – Automotive News: BAIC Motor signed a new framework agreement with Daimler on July 5th to co-invest RMB 5b to establish a BEV production base and power battery…
- Geely expects that the net profit will increase more than 100% in the first half of year – Automotive News: Geely Auto released announcement yesterday that the net profit for the group is expected to grow more than 100% on the basis of RMB 1.91b during…
- China vehicle sales rebound in June amid price cuts – Reuters: China’s vehicle sales rebounded in June, the country’s top industry association said, shaking off weakness seen in the previous …
- Self-driving car tech ready to hit the street – Nikkei: Self-driving car technology can now adapt to almost all driving situations, including motorways and parking, said Guillaume Devauchelle,…
- 2017 Audi A8 revealed as brand’s most high-tech model yet – Autocar: The high-tech Audi A8 has been launched at an event in Barcelona Audi’s new flagship shows off the firm’s new look and is crammed with sophisticated technology; on sale in October
- Electricity Overtook Fossil Fuels in Push for Investment in 2016 – Bloomberg: Electric vehicle sales grew 38 percent in 2016 worldwide and made up 10 percent of all transport efficiency spending. About $6 billion was spent on…
- China June vehicle sales +4.5 pct y/y – industry association – Reuters: China’s overall vehicle sales grew 4.5 percent in June from a year earlier to 2.17 million, shaking off weakness seen in …
- Australia needs Tesla battery to prevent summer blackouts, regulator says – Guardian: The Australian Energy Market Operator says it will do all it can to ensure the Tesla lithium ion battery in South Australia is built within 100 days.
- Renault, partner seek to fix highway trouble spots for self-driving cars – Automotive News: Renault Group is partnering with Sanef, a French highway operator, to develop a communications network between autonomous vehicles…
- Renault design boss knows which line matters most – Automotive News: Van den Acker has made sure Renault’s sales chart line has been heading in the right direction. Last year, Renault rose to No. 2 on Europe’s ranking…
- Ford names Shirinov CEO of Russia JV – Automotive News: Ford has named Adil Shirinov CEO of Ford Sollers, its joint venture in Russia. Shirinov, 52, succeeds Mark Ovenden, 53, who Ford has been promoted…
- Data driven: One day your car will know all your habits – Detroitnews: The average car already produces enough data from the engine, … with traffic data and work with a company like Starbucks so the car could tell the…
- ects significant increase of 100% in net profit for six months ended June 30. Industrial and Commercial…
- Suzuki shares fall, Dutch authorities to probe emissions practice – Reuters: Shares in Suzuki Motor Corp fell as much as 4.1 percent early on Tuesday after Dutch prosecutors said they would investigate the automaker’s possible misuse of vehicle emissions software.
- Hyundai receives 5000 orders for Kona subcompact SUV – Yonhap: Hyundai Motor Co. has received about 5,000 orders for its first subcompact SUV since its unveiling two weeks ago, the…
- Geely Automobile Shares Jump as Profit Forecast Beats Estimates – Barrons: Shares in Geely Automobile (175.HK) opened 1.2% higher in Hong Kong trading Tuesday morning after the auto maker said first half earnings would…
- Tesla’s sales stall in Hong Kong as tax breaks end. Could the US be next? – Washington Post: Tesla faces a similar challenge in Denmark, where sales of electric vehicles plunged 60.5 percent compared to the first three months of 2016,…
- Tesla’s Australian Battery Fix Comes at ‘Big Price,’ Analyst Says – Bloomberg: Start your day with what’s moving markets in Asia. Sign up here to receive our newsletter. Billionaire Elon Musk’s plan to install a giant battery to help fix a power crisis in South Australia will come at a “big price” with installation costing 60 …
- Electric Carmaker Faraday Future Halts Work on Nevada Plant – Bloomberg: The Faraday Future FF 91 electric car is unveiled during 2017 Consumer … Faraday Future, the electric-vehicle startup backed by LeEco founder Jia…
- 2018 Audi RS5 Offers Winning Blend Of Power And Sophistication – Forbes: There are fast cars, cars that can be smooth as well as fast, cars that are as stylish as they are fast and sophisticated fast cars. But rarely do you find a…
- US judge to name Feinberg as Fiat Chrysler diesel settlement master – Reuters: A U.S. judge overseeing lawsuits against Fiat … that was even remotely similar to what (Volkswagen) had in their cars.”.
- China’s LeEco Crisis to Cost Listed Unit $2.5 Billion in Market Value, Funds Estimate – New York Times: Struggling Chinese conglomerate LeEco could see the market value of its listed unit fall around $2.5 billion should its shares resume trading, showed estimates from three mutual fund investors, as the unit extended a trading suspension.