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Continental calls for market-based adaptation of the legal framework to support autonomous driving

Green Car Congress

International automotive supplier Continental is calling for a market-based adaptation of the legal framework for automated driving. Initial success in this regard was seen with the recent modification of the Vienna Convention, which established the legal foundations for partially automated driving.

Legal 218
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BorgWarner to acquire Remy International

Green Car Congress

BorgWarner has entered into a definitive agreement to acquire Remy International, Inc., As of December 31, 2014 the company employed 6,600 people and, for the fiscal year, it generated sales of $1.2 BofA Merrill Lynch acted as financial advisor and Sidley Austin LLP provided legal advice to BorgWarner.

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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

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During 2014, the global plug-in electric vehicle (PEV) industry is poised to grow by 86% and will surpass more than 346,000 new vehicles sold, according to a new white paper—“ Electric Vehicles: 10 Predictions for 2014 ”—published by Navigant Research. Nonetheless, 2014 may be a breakout year for e-motorcycles.

2014 346
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Daimler and Bosch jointly premiere Automated Valet Parking in China

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Automated Valet Parking, to the extent legally allowed where used, enables vehicles to proceed to an assigned space and for the user to retrieve the vehicle via their smartphone. The number of designers and engineers is now almost three times larger than in 2014.

China 285
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CCEMC launches $35M international challenge to find useful applications for carbon

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Alberta-based Climate Change and Emissions Management Corporation (CCEMC) ( earlier post ) has issued a $35-million open innovation international challenge to create new, carbon-based products and markets. The winners will be announced in March 2014. Funding for the CCEMC is collected from industry.

Carbon 186
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Volkswagen Group invested €11.5B (US$12.9B) in R&D in 2014; ongoing focus on electromobility and digitalization of vehicles

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Speaking on the eve of the Geneva International Motor Show, Prof. Winterkorn introduced Future Tracks at the Geneva Show in 2014, saying that over the next few years, the automotive industry will face one of the greatest upheavals since the invention of the automobile. The Volkswagen Group invested €11.5 —Prof.

2014 150
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Paice files complaint against VW Group with ITC alleging hybrid patent infringement

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Paice ( earlier post ), an early developer of hybrid vehicle technology, has filed a complaint against the Volkswagen Group with the US International Trade Commission (ITC). and Kia Motors Corp, ending its legal action against those companies.

Hybrid 150