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Daimler takes 12% stake in Chinese parter BAIC Motor; first non-Chinese automotive company to acquire an interest in a Chinese OEM

Green Car Congress

This marks the first investment by a non-Chinese automotive company in a Chinese OEM. The official closing of the transaction followed a short time after the signing of the investment agreement between the two companies in Stuttgart earlier this year and a smooth approval by the relevant Chinese authorities.

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Honda Speaks About Near Future, EV Plans

The Truth About Cars

Of course, corporations are going to put their best foot forward in these types of media briefs, so you can take things with a grain of salt (or maybe Jimmy Buffett's lost shaker), but here are the highlights: As of the end of the 2023 fiscal year that ended on March 31, Honda has cut fixed costs by more than 10 percent since fiscal year 2019.

Honda 52
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The Godfather of South Korea’s Chip Industry

Cars That Think

But it was true what semiconductor engineers in South Korea whispered about his former students: They were everywhere. Starting in the mid-1980s, as chip manufacturing in the country accelerated, engineers who had studied under Kim at. His mother taught elementary school; his father, Kim Byung-Woon, was a textile engineer for.

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Lamborghini Breaks Historic Sales Record

The Truth About Cars

Regardless, Lamborghini now sells enough cars to put itself into a different category unless industry regulators are swayed by corporate lobbying efforts. Image: Lamborghini] Become a& TTAC insider.

Sale 105
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2020 Electric Vehicle Industry Report Card and trends for the new year

Plug In India

Electric Vehicles for Deliveries and Shared Mobility Logistic companies, delivery companies, Food-delivery startups and shared mobility players have drawn out plans to phase out using Internal Combustion Engine vehicles and switch to electric. Evoke motorcycles is a Chinese OEM who has setup factories and operations in India.

2020 59
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Inside the Global Race to Tap Potent Offshore Wind

Cars That Think

Ireland, South Korea, and Taiwan are among the other countries with bold floating wind ambitions. One FloWave-tested platform, engineered by Copenhagen-based Stiesdal Offshore , was recently selected for a 100-megawatt wind farm to be built off Scotland’s northern tip in 2025. Pacific coast could support 100 GW more by midcentury.

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