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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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Audi introducing V2I Traffic Light Information service in Europe

Green Car Congress

Audi is introducing the vehicle-to-infrastructure (V2I) service “Traffic Light Information” in Europe. From July, Audi will network new models with the traffic lights in Ingolstadt/Germany; further European cities will follow from 2020 onwards. In the US, Audi customers have been using this service since late 2016.

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Volvo Ending Sedan/Wagon Sales in UK, Could North America Be Next?

The Truth About Cars

Volvo Cars is suspending sedan sales in the United Kingdom and it looks like North America could be next if we consider the brand’s rationale. The Swedish-Chinese brand had already pulled the S90 from the market earlier this summer. Volvo might lose a few would-be wagon or sedan fans to an Audi or BMW.

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Volkswagen reports 96% increase in deliveries of electric vehicles in 2021

Teslarati

Additionally, the Audi e-tron sold an impressive 49,200 units, making it the third best-selling model under the Volkswagen umbrella of companies. With the VW Auto Group equipping brands like Volkswagen and ŠKODA and spanning to luxury sectors with Porsche and Audi, the company has all of its bases covered. The Volkswagen ID.4

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

Green Car Congress

Previous partner launches include the Cadillac CT6, CJLR’s Jaguar XFL and XEL, and the premium new-energy vehicle (NEV) NIO’s ES8 SUV, FAW-Volkswagen Audi A6L and HMC’s IONIQ and Kona electric vehicle models, to name a few. The project is scheduled to be complete in 2020 in order to align with key customer’s vehicle-launch plans.

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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. But the world has continued to change.

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The 2024 Buick Regal (CN) Leaked: Do We Miss It Yet?

The Truth About Cars

It wasn’t even terrible to look at — mixing design trends that had been synonymous with Buick since the 1990s with a tinge of Audi. Though, if you removed the badges and told me this was the next generation of the Toyota Camry, I would probably believe you and would have said the same about the Chinese-market LaCrosse.

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