As Toyota Motor Europe (TME)’s hybrid vehicle sales continue to rise as a
percentage of total sales in the European region, reaching 52% in H1
2019, the company continues its efforts to localise production of hybrid
engine components in Europe.
As the Trump administration prepares to roll back emission standards for
light-duty cars and trucks, a consortium of automakers and California
have agreed on a voluntary framework to reduce emissions that can serve
as an alternative path forward for clean vehicle standards nationwide.
Tesla’s Gigafactory Shanghai continues to take shape, and in Q2 the
automaker started to move machinery into the facility for the first
phase of production there. This will be a simplified, more
cost-effective version of the Model 3 line with capacity of 150,000
units per year, the second generation of the Model 3 production process.
Cubic Telecom, a leading connectivity management supplier to the
Internet of Things and automotive industries, announced that it has
secured €23.5 million ($26.09 million) in new funding from the European
Investment Bank (EIB), the world’s largest international public bank.
Londoners will see some of Royal Mail’s iconic red vans turn green this
month, as the Company announced the deployment of 190 zero carbon
emission, electric vans that will deliver letters, parcels and cards
across selected locations in the capital and surrounding areas.
NAVYA, a leading company in autonomous driving systems, announced that
it has signed a Memorandum of Understanding with ESMO Corporation and SK
Telecom in the context of a partnership aiming at developing autonomous
driving features using the 5G technologies already deployed in South
Magna, BAIC Group and the Zhenjiang government celebrated the signing of
a framework agreement governing their electric vehicle manufacturing
joint venture in Zhenjiang, China, which marks another milestone of
their continued cooperation.
Former General Motors senior executive James Taylor has just taken the
office as co-CEO of China’s electric vehicle (EV) startup Seres, and he
introduced the company’s new adjustments and plans to a visiting group
from China’s Chongqing Liangjiang New Area.