In a significant win for Finnish telecommunication equipment maker Nokia, a German court has ruled against Daimler over patent licensing fees with the judge saying the carmaker had not made a serious attempt to resolve the issue with Nokia. The litigation underscores a wider battle with tech companies and carmakers over royalty payments for technologies…
On Wednesday, Estonia’s Bolt, a ride-sharing service provider, launched its own electric scooter model with the aim of launching the scooter service in more than 45 cities this summer. The Estonian company has grabbed business from Uber in many major African and Eastern Europe cities. Bolt has more than 30 million users in over 35…
On Friday, BMW stated, it has sold 2.52 million Rolls-Royce, BMW, and Mini vehicles in 2019, topping the premium category car group, ahead of Daimler. On Thursday, Daimler had reported that it had sold 2.34 million Mercedes-Benz passenger cars in 2019 – its ninth consecutive year of record sales. In a statement BMW said in…
The statement from the CFO of the Bavarian carmaker puts to rest rumours of deepening its alliance with rival carmaker Daimler. On Tuesday, Nicolas Peter, BMW’s Chief Financial Officer (CFO) stated, it does not foresee a joint development with of a compact vehicle with a rival German carmaker. “We have no plans to develop a…
The Mercedes EQB SUV will be an electric vehicle. Daimler’s CEO made this comment on the sidelines of the Shanghai Autoshow. On Tuesday, Dieter Zetsche, Daimler’s CEO stated, the carmaker plans on launching an electric compact sport utility vehicle in 2021. It will be called the Mercedes EQB. Zetsche made this comment at a press…
The EU’s competition enforcer has charged Volkswagen, BMW, and Daimler with hindering competition on emission cleaning technology between 2006-2014. On Friday, EU antitrust regulators have charged Volkswagen, BMW, and Daimler for hindering competition on emission cleaning technology for the period of 2006 to 2014. The European Commission said it had sent statements of objections setting…
Carmakers are pushing to slash R&D costs related to the design of electric battery cells so as to bring down the cost of launching electric cars. In a strategic move aimed at slashing the cost of launching electric vehicles, Daimler’s chief of research and development, Ola Kaellenius, stated, it is open to collaborating with a…
The forward-looking purchase of the stake is of strategic significance as it revolves around the future of mobility. In a strategic move, Volkswagen has purchased a controlling stake in Volvo’s WirelessCar, a digital service developer which specializes in connected driving, for $122 million (1.1 billion Swedish crowns). In a statement Volkswagen stated, WirelessCar’s technology would…
While an industry group prefers the adoption of a wifi-based technology for next-gen cars, others, including Intel, Vodafone, Ericsson, Deutsche Telekom, Qualcomm, Samsung, Daimler, Ford, PSA Group, and Huawei are pushing for an alternative 5G standard. BMW, Vodafone and Ericsson have reportedly made a last-ditch effort to persuade the European Commission to open the doors…
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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