Electric Vehicles – Page 3
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Subscribing to a new idea of mobility at Canoo
James Cox, former head of product planning at Uber, talks about leading product technology at EV startup Canoo and why he thinks the company will succeed with its subscription-based vehicle offering.
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OEMs’ profit strategies today could hurt them tomorrow
Ahead of stringent EU emissions targets starting in 2020, some carmakers are pursuing strategies that actually go against what they will ultimately need to do to reduce hefty fines. This makes sense – but only for now
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Volkswagen reorganizes group R&D
Volkswagen is reorganizing its global R&D operations in a new division to be called “Volkswagen Group Innovation.” The unit will bring all international innovation-related activities, including research centers in California, Europe and Asia, under one roof.
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EU fines and electric future not entirely in the hands of OEMs
In the face of government and citizens’ rising concern over climate change, vehicle emission regulations around the world are tightening, especially in Europe. In our latest business intelligence report, we forecast that carmakers will face hefty fines under tightening vehicle emission targets, driven largely by factors outside their control.
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Opportunities ahead for automotive OEMs and tier suppliers
The downturn in automotive sales volume creates many challenges, but the transitional state of the industry also provides many business opportunities, according to a forecast and report from Ultima Media.
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Greater expectations: brighter days will return for the automotive industry
Although automotive OEMs will face years of stagnant vehicle sales, a stronger recovery thereafter will bring growth back up to long run averages and herald a return to stronger profits. By then, however, the industry is likely to have undergone further consolidation.
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Hyundai, Aptiv to jointly develop autonomous driving technology
Hyundai Motor and Aptiv are forming a joint venture to speed up the development of highly automated vehicles.
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Re-tooling of manufacturing plants and supply chain for EVs pose investment risk for OEMs
Tooling and conversion of technology for automotive plants are signicant costs for OEMs as they invest in electrification, which some may struggle to afford, according to a new report by Automotive from Ultima Media.
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Amazon orders 100,000 electric delivery vans from Rivian; steps up commitment to carbon neutrality
Amazon has ordered 100,000 electric delivery vans from Rivian, an electric-vehicle startup that is set to launch its first products in late 2020.
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Report: Climate Change vs. Carmakers
In our second report from Ultima Media’s automotive business intelligence team, we focus on climate change mitigation policies around the world with a particular focus on the most stringent and imminent EU CO2 emissions targets predicting the financial consequences of the legislation upon the OEMs, the impact upon the wider supply chain and the opportunities that arise from the legislation.
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Former VW Group CDO Johann Jungwirth has joined Mobileye
Former VW Group CDO Johann Jungwirth has joined Israeli sensor specialist Mobileye as vice president in charge of mobility as a service (MaaS) operations.
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Electrification poses cost and technology risk for automotive industry
The high R&D, production and technology costs of electric vehicles could mean that OEMs will be selling most at a loss for years to come, according to a report by Automotive from Ultma Media.
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Emissions regulations pose existential risk for OEMs
Escalating fines over CO2 and fuel standards, especially in Europe and China, are set to have significant impacts across OEM profits and investment plans, according to a new report by Automotive from Ultima Media.
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Brecht and Brecht: Daimler’s CIO and the chairman of the group’s works council discuss digitalization
For the first time ever, Daimler CIO Jan Brecht and his namesake Michael Brecht, chairman of the company’s general works council and deputy supervisory board chairman, are sitting down together to speak with automotiveIT about the consequences of the digital transformation at the Stuttgart-based automaker. Whether the issue is employees’ “digital readiness,” complexity management or new platform-supported business models, Daimler is making its way through rough terrain.
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European automakers call for coordinated move to boost electrification
European automakers feel that they are doing their share when it comes to introducing less polluting forms of personal mobility. Now, they say, it’s up to other mobility stakeholders to do their bit.
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Hyundai, Kia join Ionity EV charging network
Hyundai and its sister company Kia are joining Ionity, a growing automaker initiative to build and operate a network of 400 electric-vehicle charging stations across Europe by 2020.
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Auto industry faces lengthy decline in sales
Global new vehicle sales could face years of falls or stagnation, hurting OEM profits and putting pressure on investment in technology, according to a forecast by Automotive from Ultima Media’s new business intelligence unit.
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Report: Automotive headwinds align into a perfect storm
Ultima Media’s new business intelligence team forecasts global vehicle sales by powertrain over the next decade, with analysis of the trends reshaping the automotive industry and its technology landscape.
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Frankfurt auto show to feature strong focus on electric vehicles
The Frankfurt auto show opens next week with a promise to be a showcase for the changing face of personal mobility.
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Former Byton chief Breitfeld becomes CEO of Faraday Future
Former Byton CEO Carsten Breitfeld has been appointed global chief executive of Los Angeles-based Faraday Future (FF), strengthening the management ranks of the Chinese-owned electric-vehicle company and potentially improving its chances of bringing to market its flagship FF 91 model.