Where Innovation Meets Imagination
NetworkNewsWire commentary
Self-driving and electric cars are poised to combine production efforts as both technologies mature.
Investment in self-driving vehicles is growing, leading to the emergence of specialist companies.
Electric cars are also on the rise, supported by the infrastructure of apps and charging points. [Read more…] about Cars of the future will be ‘self-driving and electric’
Automotive components manufacturer ZF and a startup called e.Go Mobile have agreed to start series production of an autonomous and electric “people mover” vehicle.
ZF says it is demonstrating its “multiple systems expertise” as a partner in the newly founded e.GO Moove joint venture.
In addition to other innovations which ZF will show at IAA commercial vehicles event in Hanover this September, the e.GO Mover is part of an entire digital logistics offering including hardware, software and services, highlighting the company’s strategic orientation. [Read more…] about ZF and e.Go to start series production of autonomous and electric ‘people mover’ vehicle
By Edward Tse, Gao Feng Advisory
China’s National Development and Reform Commission recently announced the elimination of foreign equity restrictions on special-purpose vehicles and new energy vehicles in 2018, on commercial vehicles in 2020 and on passenger vehicles in 2022.
In addition to the opportunity to own their own manufacturing ventures, foreign automakers are no longer restricted to having only two joint ventures in China.
The 50:50 joint venture equity rule dates back to 1994. The government hoped a domestic industry would emerge whereby the Chinese domestic companies would learn from their partners and eventually emerge as successful global automakers in their own right. [Read more…] about Opinion: Accelerating innovation in China’s automobility sector
It could be time for international carmakers to consider changing partners in China. While the Chinese government has encouraged partnerships in the hope that local companies will learn and become global, new electric and autonomous technologies seem to offer better opportunities. Article by Edward Tse, Gao Feng Advisory
On April 17th China’s National Development and Reform Commission announced the elimination of foreign equity restrictions on special-purpose vehicles and new energy vehicles in 2018, on commercial vehicles in 2020 and on passenger vehicles in 2022.
In addition to the opportunity to own their own manufacturing ventures, foreign automakers are no longer restricted to having only two joint ventures in China.
The 50:50 joint venture equity rule dates back to 1994. The government hoped a domestic industry would emerge whereby the Chinese domestic companies would learn from their partners and eventually emerge as successful global automakers in their own right. [Read more…] about Opinion: Chinese automakers are better off innovating in electric and autonomous technology
Audi aims to sell approximately 800,000 fully electric cars and plug-in hybrids in the year 2025. The updated strategy will enable about every third customer to decide in favour of an e-model by the middle of the next decade.
There will be an electrified variant in each model series by then – most of them are to be fully electric, with a smaller proportion as plug-in hybrids.
“Our ambition has always been and will continue to be Vorsprung durch Technik,” says Rupert Stadler, Chairman of the Board of Management of AUDI AG.
[Read more…] about Audi plans to sell 800,000 electrified cars in 2025
Volvo Cars aims for fully electric cars to make up 50 per cent of its sales by 2025, the company has announced.
The announcement builds on Volvo Cars’ 2017 industry-first announcement that all new models released from 2019 will be available as either a mild hybrid, plug-in hybrid or battery electric vehicle.
The company’s strategy to generate half of its sales from electric cars by 2025 positions it as a powerful player in China, the world’s leading market for electrified cars.
[Read more…] about Volvo Cars aims for 50 per cent of sales to be electric by 2025
ABB has been showcasing its latest technologies for electric vehicles to the German Chancellor Angela Merkel and Mexican President Enrique Peña Nieto at Hannover Messe.
The two leaders, along with ABB CEO Ulrich Spiesshofer, were shown a demonstration of the company’s new high power fast charging solution: the Terra HP EV charging station with a power output of up to 350 kW recharges a car battery in just eight minutes for 200 km reach.
“This high-power fast charger provides electric vehicles with up to seven times more range in the same charging time than with previous models,” Spiesshofer said. [Read more…] about ABB showcases electric vehicle technology to German and Mexican leaders
SAIC Motor and Infineon Technologies are establishing a joint venture to manufacture power modules for the dynamically developing electric vehicle market in China.
SAIC Motor holds a stake of 51 percent of the JV, SIAPM (SAIC Infineon Automotive Power Modules (Shanghai) Co, Ltd., and Infineon 49 percent, respectively.
Headquartered in Shanghai; its new manufacturing facility is in Infineon’s site expansion in Wuxi. Volume production is scheduled to start in the second half of 2018.
[Read more…] about Infineon and SAIC set up joint venture for China electric car market
Industrial giant ABB has agreed a deal to sponsor the Formula E racing tournament.
ABB and Formula E call it a “ground-breaking partnership to champion e-mobility for a sustainable future”.
Since its first race in Beijing in September 2014, Formula E has established itself as the number one all-electric international motor sport. [Read more…] about ABB to sponsor Formula E championship
Less than a decade ago, electric cars were generally seen – at best – as average vehicles which neither had the power nor the range to be considered seriously as a viable, mass-market alternative to petrol-driven cars.
But now, with ongoing and accelerating technological advances in battery power, combined with big investments in the pipeline to construct charging networks, attitudes are changing.
Public perceptions have also been influenced by the battery-powered supercars that have been on the roads for many years now, alongside the ordinary-looking electric vehicles. [Read more…] about Power brokers: An update on the electric vehicle market
