October 23, 2018 11:22 CET
Volkswagen Group has begun building a plant at its joint venture with SAIC Motor in Shanghai as part of its plan to produce electric vehicles locally for China.
The factory’s first EV will be a Volkswagen-badged SUV, which will arrive in 2020. VW has not named the crossover, but it previewed the car with the Crozz concept unveiled at the 2017 Shanghai auto show.
The 17 billion-yuan ($2.5 billion) factory will also produce other EV vehicles based on VW’s Continue reading “VW starts work on China EV plant”
October 23, 2018 06:01 CET
DRESDEN, Germany — Volkswagen plans to build up to three electric vehicle models in North America and will decide by year end whether to produce them in Chattanooga.
Starting in November 2019, series production of the brand’s battery- powered I.D. hatchback will begin in Zwickau, Germany.
Volkswagen Group has designated production of 26 other EV models by the end of 2022 at 16 locations around the globe, including one in North America.
“We think there Continue reading “VW eyes Chatanooga for production of 3 EVs”
October 23, 2018 12:27 CET
LONDON — James Dyson, the billionaire British inventor of the bagless vacuum cleaner, has chosen to build his electric car in Singapore to be close to Asian customers, supply chains and a highly skilled workforce.
The 71-year-old entrepreneur is putting 2 billion pounds ($2.6 billion) into the launch of an EV, with a 400-strong British-based engineering team working in secret for the first two and a half years on the project.
A new production manufacturing Continue reading “Dyson picks Singapore over UK to build EVs”
October 23, 2018 14:51 CET
HAGEN, Germany — Nissan’s Leaf is the first electric vehicle to secure regulatory approval as an energy backstop for Germany’s electricity grid.
So-called vehicle-to-grid (V2G) technology is a connection between the EV and the grid through which power can flow from the grid to the vehicle and vice-versa, potentially enabling car owners to sell energy to the network. This would allow utilities to use EVs as a backstop if demand rises.
Nissan said it would Continue reading “Nissan Leaf approved for vehicle-to-grid use in Germany”
October 23, 2018 09:15 CET
— UPDATED: Oct. 23 11:55 CET – adds comments, details
PARIS — Renault reported a 6 percent drop in third-quarter revenue, hit by a downturn in emerging-market sales and the automaker’s withdrawal from Iran.
Revenue fell to 11.5 billion euros ($13.26 billion) in the three months ended Sept. 30, Renault said on Tuesday, with automotive division revenue down by a steeper 8.4 percent at 10.06 billion euros.
Renault suffered a sales decline in India, Continue reading “Renault third-quarter revenue falls 6% on emerging markets, Iran retreat”
October 23, 2018 06:01 CET
German software giant SAP plans to become an even bigger player in the fledging connected car sector. SAP is working in two areas. The first is capturing data from fleets of 100 to 1,000 cars to provide insights a fleet manager can use to make business decisions. The second is allowing drivers to pay for parking or fuel without ever getting out of the car. SAP Chief Expert Connected Vehicles Heino Kantimm shared more with Automotive News Europe Correspondent Olive Continue reading “German software giant SAP eyes gains from connected cars”
October 23, 2018 11:51 CET
MUNICH — BMW is recalling about 1.6 million diesel cars to fix a potential fire hazard in their engines, expanding repairs from just under half a million vehicles in Europe and Asia.
The voluntary service action follows a BMW investigation that found coolant could leak from the car’s exhaust recirculation unit. The defect can lead to sparks while driving and cause fires in “in extreme cases,” the automaker said Tuesday in a statement.
South Korea’s Continue reading “BMW expands recall on fire risk to 1.6 million diesel vehicles”
October 23, 2018 09:52 CET
MILAN/NEW YORK — Fiat Chrysler Automobiles has not paid any dividend since it was formed in 2014, but the automaker, which already hinted at rewarding shareholders next year after having eliminated its net industrial debt, now has a 6.2 billion-euro ($7.14 billion) reason to speed up its decision.
That is the equity value of its Magneti Marelli unit, which was sold — minus its plastics division — to KKR & Co.’s Calsonic Kansei on Monday.
The deal Continue reading “FCA’s Marelli sale offers chance to fulfill Marchionne dividend vow”
October 23, 2018 06:01 CET
Rolls-Royce CArs named Johann Wolf, a veteran BMW Group executive, as director of manufacturing, effective November 1.
Wolf succeeds Frank Ludwig, who takes charge of painted bodies at BMW’s plant in Regensburg, Germany.
Wolf began his career at BMW as an apprentice before going on to manage several BMW foundries as a master craftsman in foundry pattern making.
In addition to this, Wolf has specialized in small volume manufacturing that includes the Continue reading “Rolls-Royce names veteran BMW exec as manufacturing boss”
North Carolina State University fast charger is much smaller, half the cost
Researchers at North Carolina State University have developed a 50-kw fast charger that they say costs half as much as conventional DC fast chargers, is more efficient, and only 1/16th the size.
Instead of being mounted on concrete slabs, sometimes in two locations, with a transformer behind a fence and a charge station box by a parking space, the new 50-kw fast charger can be mounted on a pole like a Level 2 Continue reading “New fast charger is more efficient, smaller, and half the cost”