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Volkswagen Group investing ~€1B in vehicles and components, purchasing center in Hefei; shortening development time by 30%

Green Car Congress

The Volkswagen Group is investing around €1 billion in a new development, innovation, and procurement center for fully connected intelligent electric vehicles in the southern Chinese city of Hefei. The new company, with the project name ‘100%TechCo’, combines vehicles and components R&D teams with purchasing.

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This $680 4-seater electric swan boat makes my own Chinese e-boat look luxurious

Baua Electric

But after buying an ultra-cheap Chinese electric boat last year , this new one makes my own lazy lake cruiser look like a luxury yacht. The other small issue is that there’s not a great way to connect a bow line while on the boat. In fact, as usual, I recommend that nobody make any requests, including any purchase inquiries.

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Volvo Cars and Geely Auto to deepen collaboration; new combined powertrain company

Green Car Congress

Volvo Cars and Geely Auto have agreed on a wide-ranging collaboration that will maximize the strengths of the Swedish and Chinese automotive groups, delivering synergies in powertrains, sharing of electric vehicle architecture, joint procurement, autonomous drive technologies and aftersales.

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China Targets the Robotaxi Industry

Cars That Think

Chinese tech giant Baidu opened a 2.5-acre Swiss bank UBS estimates that by 2030, the global robotaxi market will be worth at least $2 trillion annually, with robotaxi fleet purchases accounting for 12% of all new cars sold. The base will collect data and calibrate connected vehicles and act as a remote control center.

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Audi’s ingenious selection: IM LS6 won 10,000 company orders inside of a generation of initiation in China

Baua Electric

The IM additionally introduced that 48% of consumers are house owners of top rate manufacturers who bought an spare automobile, moment 32% of consumers purchased a 2nd automobile for population. IM discoverable that 31% of consumers ordered this manage shorten stage model. Xpeng introduced a facelifted G9 in September.

China 52
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IHS forecasts 11% rise in China automotive semiconductor market in 2014 due to safety and navigation features

Green Car Congress

The fast-growing semiconductor market for China’s automotive industry is set for double-digit expansion in revenue this year, propelled by an increasing desire among Chinese car buyers for added vehicle safety features and helpful infotainment applications such as car navigation, according to a new report from IHS Technology (NYSE: IHS).

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Global component firm ZF seeks India partners | Autocar Professional

Baua Electric

Fabian Schlegel, Senior Vice President Global Commodity Purchasing & Supplier Management at ZF, shared details of their strategy with Autocar Professional, expressing confidence that their chosen path will work well for the company both in India and overseas. Schlegel believes it’s a win-win for both sides. “We

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