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Porsche SE acquires ~10% stake in real-time traffic information company INRIX; 1st step to complementing investment in VW AG

Green Car Congress

Porsche Automobil Holding SE has acquired a stake of around 10% in INRIX, one of the leading providers of real-time traffic information. For Porsche SE, the acquisition is the first step towards creating a portfolio of investments complementing its existing shareholding in Volkswagen AG.

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Study of Sustainable Value in Automobile Manufacturing Finds Mixed Performance for Most OEMs, BMW and Toyota as the Clear Leaders

Green Car Congress

Sustainable Value Margin—the ratio of Sustainable Value to sales—for each of the evaluated manufacturers. A survey of the sustainability performance of 17 of the world’s leading automakers has found a mixed pattern when it comes to the sustainability performance of most of the car manufacturers. Click to enlarge. Click to enlarge.

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BMW Group, Daimler, Ford, Audi & Porsche JV for up to 350 kW CCS ultra-fast charging network along major highways in Europe

Green Car Congress

BMW Group, Daimler AG, Ford Motor Company and Volkswagen Group with Audi and Porsche have signed a Memorandum of Understanding to create the highest-powered charging network in Europe. —Oliver Blume, Chairman of the Executive Board of Porsche AG. This will be an important step towards facilitating mass-market BEV adoption.

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Infineon and XAIN to collaborate on bringing blockchain into the car

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An example involving specific data is when insurance companies offer low rates for car owners with good driving habits. In cooperation with a large number of OEMs and global players—such as Porsche, Daimler and SAP—XAIN is striving to implement its vision with a range of AI products.

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Auto Alliance pushing for passage of Maryland SB 1234 that would require state purchase of ZEVs; 50% of LDVs by 2026

Green Car Congress

The Alliance of Automobile Manufacturers (Auto Alliance) is strongly supporting the passage of Maryland’s SB 1234 , a bill that would require the State of Maryland to purchase zero emission vehicles (ZEVs) for state fleets.

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Auto Industry and Utilities Urge President Obama to Create to National Electric Fuel Task Force to Accelerate Plug-in Adoption

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Organizations representing auto manufacturers, electric utilities and the electric drive industry are calling on President Obama to establish a new National Electric Fuel Task Force to help accelerate the adoption of plug-in electric vehicles and the necessary infrastructure. EEI is the association of US shareholder-owned electric companies.

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Volkswagen Group and Tata Motors Ltd. to explore strategic alliance for joint development projects; ŠKODA to lead

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The goal of the strategic alliance is to bundle the expertise of both car manufacturers with a view to jointly developing vehicle components and possibly also vehicle concepts. Tata Motors Limited is India’s largest automobile company, with consolidated revenues of US$41.6 —Matthias Müller, CEO of Volkswagen AG.

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