Tech

China EV Pioneer Touts Fuel Cell Buses

June 18, 2019 at 5:28 PM

The next phase of China’s electrification efforts will focus on fuel cell vehicles, the vice chairman of China’s advisory body for policy making tells Bloomberg News.

Business

Nissan Offers Board Committee Compromise to Renault

June 18, 2019 at 5:19 PM

Nissan Motor Co. hopes to defuse a conflict with Renault SA by offering new board assignments to the French carmaker’s two top executives, The Nikkei says.

EV-Hybrid

Germany to Back Three EV Battery Cell-Making Partnerships

June 18, 2019 at 1:45 PM

Germany’s government intends to invest a combined €1 billion ($1.1 billion) to support three partnerships created to launch battery cell production in Europe.

New Product

Lexus GX SUV Adds Tech, Off-Road Features

June 18, 2019 at 1:28 PM

Toyota Motor Corp. is giving its aging Lexus GX 460 SUV a makeover with upgraded driver-assists and off-road features for the 2020 model year.

New Product

Next Aston Martin Hypercar Named Valhalla

June 18, 2019 at 11:52 AM

As indicated by trademarks filed last year, Aston Martin Lagonda Ltd. has tapped Norse mythology to name its upcoming hybrid-powered hypercar Valhalla.

Facilities

Mercedes Factory of the Future Gets 5G

June 18, 2019 at 9:32 AM

Daimler AG’s Mercedes-Benz unit is equipping its new “Factory 56” manufacturing plant in Sindelfingen, Germany, with a 5G communications network.

Mobility

Volvo Trucks Teams with Nvidia on Autonomous Tech

June 18, 2019 at 8:50 AM

Truckmaker AB Volvo is using chipmaker Nvidia Corp.’s artificial intelligence processing technology to further develop, test and operate self-driving trucks.

Sales

Report: Tesla Refocuses Asian Operations on China Region

June 18, 2019 at 8:00 AM

Tesla Inc. is replacing its Asia Pacific marketing arm with a new division that will focus on China, Hong Kong, Taiwan and Macau, sources tell Bloomberg News.

Sales

EV Prices to Jump in China as Subsidies Shrink

June 18, 2019 at 7:27 AM

The price of electric vehicles in China could jump 25% or more next week when the central government cuts back on subsidies, The Nikkei says.

Mobility

Mobileye Tests Autonomous Vehicles in Israel

June 18, 2019 at 6:05 AM

Intel Corp.’s Mobileye unit is testing self-driving cars in Israel and aims to launch an autonomous taxi service there in 2020.

Tech

VW Takes Software Development In-House

June 18, 2019 at 5:23 AM

Volkswagen AG has created a 5,000-member software team whose goal is to create a single operating system for all new models.

Sales

May Sales Unchanged in Europe

June 18, 2019 at 4:35 AM

Retail deliveries of new passenger vehicles in Europe last month totaled 1.44 million units, unchanged from May 2018, says trade group ACEA.