Ulrich Kranz, the head of BMW’s Project i electric vehicle team, will be tasked with turning Faraday's 1,050-horsepower FF 91 from concept to reality amid a cash crunch and concerns about the shaky finances of a top investor, LeEco...
Ulrich Kranz, the head of BMW’s Project i electric vehicle team will be tasked with turning Faraday's 1,050-horsepower FF 91 from concept to reality amid a cash crunch and concerns about the shaky finances of a top investor, LeEco founder Jia...
As auto sales are forecasted to see a downturn to 15.2 million units in 2019, and new technologies and services become more popular, companies that are relying on traditional auto-industry approaches are falling behind and need to revamp their...
OPEC quintupled its forecast for sales of plug-in EVs, and oil producers from Exxon Mobil Corp. to BP Plc also revised up their outlooks in the past year.
“We are in the process of identifying a manufacturing facility that presents a faster path to start-of-production and aligns with future strategic options,” Faraday said.
The production acceleration will be slow at first.
Volvo Car Group will introduce five electric models by 2021 and offer hybrid options across its product line.
Avis gives Waymo a potential asset rivals like the major automakers and Uber Technologies Inc. already have: a sprawling network of traditional cars and customers that could be transformed into an autonomous transport service over time.
With production in the auto industries slowing, other production industries are going to have to step up to confirm that working class hiring is up—or next year’s mid-term elections may get dicey.
“What Uber did was to leave the door open for Levandowski to use whatever he remembered of Waymo’s trade secret information, so long as he didn’t deliberately memorize it.”