BMW is establishing a new facility to develop connected and automated driving tech in Unterschleissheim, near Munich, Germany. The BMW iNEXT is scheduled for release in 2021 – self-driving, electric and fully connected. A whole ...
Tags: BMW, automated driving tech
Chinese mapping company NavInfo and internet services group Tencent, along with Singapore wealth fund GIC have announced plans to acquire 10% stake in HERE. HERE is a German-based open location platform company owned by automotive majors ...
Waymo, previously known as Google's self-driving car project, has added 100 self-driving Chrysler Pacifica Hybrid minivans to its fleet. The vehicles, which were delivered by FCA, are currently being outfitted with Waymo’s fully ...
Tags: Chrysler, Self-Driving Fleet
PSA Group and STAFIM have signed a letter of intent to assemble and sell a Peugeot brand Pick-up truck in Tunisia. This planned assembly plant will start operations in mid-2018, producing 1,200 units annually to meet the demand in the ...
Tags: Pick-up Truck, PSA Group
Fiat Chrysler Automobiles (FCA) has secured a €250m loan from the European Investment Bank (EIB) for its research and development (R&D) projects. The three-year loan will support the automobile manufacturing group’s activities ...
Tags: Chrysler, R&D Projects
Jia Yueting for the two time in the "Chinese entrepreneurs" annual meeting. First, in December 2015, to meet the "noble" of Liu Chuanzhi, and bring a series of practical interest; second, December 2016, in order to hold a free conference. ...
On December 3, with the theme of “productivity liberation”, WeMedia2016 (China WeMedia Annual Conference) was open in SHANGRI-LA Hotel in Beijing. The conference has named the 2016 Mobile Enterprises List, who have foreseen the ...
Tags: FAW Jiefang, Commercial Vehicle
Govt incentives remain the primary driver of the industry, rather than organic demand or products' competitiveness Electric cars are widely believed to be the future of the automotive industry, but experts say even in the world's largest ...
Tags: Electric Car, SAIC Motor
The Chinese car market showed extremely strong growth in 2016, growing by 15 percent year-on-year, the German Association of the Automotive Industry (VDA) reported here on Friday. "We have raised our China forecast again and now expect a ...
Tags: Car Market, Car
The Nordic Investment Bank (NIB) and the Volvo Car have signed a five-year loan agreement of SEK1bn (EUR102m) to finance the next phase of the company's R&D program. The loan will support financing for the development of new modular ...
Tags: Volvo Cars, R&D programme
Volkswagen has unveiled its Transform 2025+ strategy, further detailing the company's plans for the decade ahead. This plan aims to reduce the capex ratio and the development cost ratio to a competitive level in the next few years – ...
Tags: Volkswagen, Electric Car
Taiwanese automotive LED module manufacturer Laster Tech will be listed on the local bourse in mid-December 2016, reported Now News. Laster Tech invested in R&D for many years, and accumulated years of experience in implementation, ...
Tags: LED Module, LED Chip
Toyota Motor Corporation announces the expansion of R&D facilities at Toyota Motor Engineering & Manufacturing (China) Co., Ltd., (TMEC). This is in accordance with the initial investment plan, which had been created at the time of the ...
Tags: Toyota, Facilities
MathWorks has introduced Powertrain Blockset, a new product that supports automotive and controls engineers in their powertrain modeling and simulation efforts. It includes a component library for simulating engine subsystems, ...
Toyota Research Institute (TRI) today announced that it will join forces with the Open Source Robotics Foundation (OSRF) and its newly-formed for profit subsidiary Open Source Robotics Corporation (OSRC) to expand the development of both ...
Tags: Toyota, Open Source Robotics