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TTTech Auto gains US$285M investment from Aptiv and Audi

Green Car Congress

TTTech Auto, a Vienna-based technology leader in automotive safety software, raised US$285 million (€250 million) from Aptiv PLC and Audi in its latest funding round. Aptiv is investing US$228 million (€200 million), while Audi is increasing its existing stake by US$57 million (€50 million).

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TTTech Auto expands in China with MotionWise software platform for automated driving

Green Car Congress

The new TTTech Auto branch in Shanghai will bring its expertise and the series proven safe vehicle software platform, MotionWise , to car manufacturers, Tier 1 suppliers and partners to the rapidly developing Chinese automotive market. Asia is one of the most important growth regions.

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Audi showcasing R8 e-tron piloted driving EV at CES Asia; piloted driving Audi A7 Sportback

Green Car Congress

At CES Asia 2015 in Shanghai, Audi is showcasing a piloted driving technology study version of its new R8 e-tron battery-electric sports car, introduced earlier this year at the Geneva show. Audi is also featuring a piloted driving version of its A7 Sportback. Piloted driving in China: the Audi strategy. Earlier post.)

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Audi partnering with Baidu and Huawei on vehicle connectivity in China; CarLife support and new LTE module

Green Car Congress

Audi is partnering with Baidu and Huawei to intensify the expansion of connectivity of its cars in China. In advance of the first CES Asia taking place in Shanghai, Audi announced its support of Baidu CarLife (similar to Android Auto and Apple CarPlay) for integration of smartphones in its cars in China.

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China to contribute more than half of Volkswagen Group’s planned output of 22M BEVs by 2028

Green Car Congress

Initiatives with all three Chinese vehicle production joint ventures – FAW-Volkswagen, SAIC VOLKSWAGEN and JAC Volkswagen – will enable this target to be reached. Together with our partners, we have advanced the Chinese automotive industry. Now, it’s time to bring the Chinese mobility to the next level.

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Report: China’s Chery Considers U.S. Market Yet Again

The Truth About Cars

Chinese state-owned automaker Chery is reportedly still looking to the United States as a possible point of expansion. Exeed is a luxury brand that intends to compete with Audi, BMW, and Mercedes-Benz. Chinese brands have been saying they’ll be coming to America since the mid-2000s.

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Novelis breaks ground on automotive aluminum facility in Changzhou, China; $180M investment to double capacity in 2020

Green Car Congress

The $180-million investment will double the facility’s production capacity of heat-treated aluminum sheet by 100,000 metric tons in order to better meet the growing demand for automotive aluminum in Asia. The facility will also be equipped with a high-speed slitter, and a fully automated packaging line.

China 191