In a statement, Volkswagen’s Chief Executive Herbert Diess made it clear that it has currently no plans to develop deeper ties with U.S. rival Tesla Inc. The move is aimed at ending speculation that the world’s largest carmaker, which is on a drive to push for mass production of electric cars, has plans to tie-up…
According to a report from Japan’s Kyodo News, Renault SA, Nissan Motor Co and Mitsubishi Motors Corp have agreed to form a new company focused on research and development of advanced automotive technologies. The trio’s new alliance will announce concrete plans in January 2020, reported Kyodo citing sources familiar with the matter. This new strategic…
The alliance is weighing its options of extending their collaboration in various technologies including, autonomous vehicles, advanced batteries and mobility services. On Wednesday, Renault-Nissan and Daimler stated, they could possibly expand their cooperation to include autonomous cars, battery technology and mobility services. “The industry being in transformation in the area of connectivity, autonomous cars and…
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