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…
With U.S. electric vehicle pioneer Tesla Inc accelerating the shift towards electric cars, Hyundai Motor suppliers have increasingly turned to “outsiders” for parts; but now Hyundai’s own supply company, Mobis, plans on plunging into this supply chain. Hyundai Mobis is negotiating with two global automakers to supply electrified parts, said the company’s executive with an…
On Tuesday, Uber Technologies Inc and Hyundai Motor stated, they plan on a joint development of electric air taxis, as they push further to ease the menace of urban congestion. Hyundai is set to unveil its concept electric aircraft which it developed with Uber, at the Consumer Electronics Show (CES) in Las Vegas. The model…
European carmaker Volkswagen electric vehicle strategy is playing itself out, with the carmaker’s electric offensive picking up speed, as planned. In September 2019, VW unveiled its new all-electric ID.3 and in November production commenced at its Zwickau electric vehicle plant. With this major milestone under its belt, the Volkswagen brand is set to play a…
Potential headwinds include getting the consent of Volkswagen’s controlling Piech and Porsche families to fund the purchase of the stake. Denying a media report, which stated Volkswagen’s CEO Herbert Diess as wanting to purchase a stake in Tesla, the German carmaker stated, it was not interested in doing so. “The speculation about buying a stake…
If you were to go by designs showcased in Shanghai’s auto exhibition, future electric SUVs will sport ample floor space large enough to provide luxuries typically found in your living room. Concepts electric vehicle (EV) cars on display in Shanghai’s autoshow this week, including ones from the Audi AI:me and Infiniti QX Inspiration, underscore aspirations…
Volkswagen is aiming big for the burgeoning electric car market. It is not only retooling 16 of its plants to produce electric cars, it is also pushing its battery partners to to invest heavily in battery cell manufacturing. In a significant development of strategic importance, Volkswagen is pushing its joint venture partners including SK Innovation…
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…
Sound is emerging as a key aspect for emotions attached to electric vehicles. This is so since it is through sound that the potential customer can get feedback about the capability and potency of the car. Senior executives at the Geneva car show have revealed, with combustion engines gradually being discontinued, carmakers are dreaming up…
e.GO Mobile, a German startup, has helped develop a delivery van that is now being produced by a subsidiary of postal services group Deutsche Post. Among the startup’s other projects, it is also pursuing to bring an e-minibus to the market through a a joint venture with German automobile supplier ZF Friedrichshafen. In asgi significant…
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