News by tag: Automotive


Tesla is looking at China to build a big factory

Tesla has confirmed it’s in talks with the Chinese government to open a factory in the Shanghai region, as the company aims to fulfill a promise by its CEO Elon Musk to produce 500,000 cars a year by 2018.  “Tesla is deeply committed to the Chinese market, and we continue to evaluate potential manufacturing sites around the globe to serve the local markets,” the company said in an emailed statement. 

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Swiss-designed supercar Elextra aspires to tackle Tesla

Switzerland's Classic Factory has announced a sleek, limited-production four-door electric car that will provide exclusivity and ultra-performance to well-heeled EV customers. The Elextra electric car will be exclusive, with plans for just 100 to be hand-built in Germany. It will also be powerful and quick, to match its Italian looks. Elextra's two electric motors provide all-wheel drive, with torque independently distributed to the front and rear wheels for better traction. With a combined peak 680 horsepower, the car will sprint from a stop to 62 miles per hour in under 2.3 seconds. Top speed is limited, though, to 155 miles per hour.

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Electric car could be cheaper by 2030, bad news for gas-powered one

Between now and 2021, battery production all over the world will more than double, Bloomberg reports. With more companies getting into the game, expansion and competition are up, and prices are down. This will mean more opportunities for energy companies and electric car manufacturers, and better deals for consumers looking to purchase clean powered technology for less money. The key is an expected increase in the number of battery factories, which will boost production capacity—and thus provide the economies of scale needed to make batteries cheaper.

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EU will investigate FCA over emissions-test case

The European Union plans to launch legal action against Italy for failing to properly police allegations of emissions-test cheating by Fiat Chrysler following the Volkswagen scandal, EU sources said. EU regulators say Italy has failed to convince them that the so-called defeat devices used to modulate emissions on its vehicles outside of narrow testing conditions are justified. "The Commission decided today to send a letter of formal notice asking Italy to respond to concerns about insufficient action taken regarding the emission control strategies employed by Fiat Chrysler Automobiles group (FCA)," a statement said.

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Uber plans flying taxi service within 2020

Uber wants to launch a system of flying cars to move people around cities, with a goal of putting demonstration projects in place by 2020. "I hate that term (flying car), but we'll have to live with it," the company's chief product officer, Jeff Holden, said at the Uber Elevate Summit in Dallas. The vision was published in a 99-page white paper last year. The ride-sharing giant announced a series of partnerships to manufacture “vertical takeoff and landing” (VTOL) vehicles and put networks in place, a system dubbed Uber Elevate.

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Traffic pollution may help to reduce HDL cholesterol

A wealth of studies have suggested a link between exposure to air pollution and a greater risk of cardiovascular disease. But according to an epidemiological study, adults who were exposed to traffic-related air pollution had lower levels of high-density lipoprotein (HDL) cholesterol that could increase their cardiovascular disease risk.  For the new research, lead author Griffith Bell, Ph.D., of the University of Washington School of Public Health in Seattle, and colleagues studied 6,654 adults and found people exposed to higher levels of fine and ultrafine particles in traffic pollution tended to have lower levels of HDL cholesterol in their blood.

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Tesla tested an Easter Egg in software update

The latest Tesla software update brings anticipated new features to Autopilot 2.0 cars, including Summon, which calls your car to you from its parking spot, but it also has a lighter side, as Tesla software updates tend to. Tesla added a new Easter Egg (a goofy software gag generally slightly hidden from view) to its vehicles with the 8.1 update, and this time it’s a sketch pad. The 17-inch touchscreen that dominates the Tesla Model S center panel is basically already a huge digital surface primed for drawing, so it’s a natural add-on – not counting that most of the time you’re going to be using the screen while driving, of course.

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Hard Brexit may drive up costs for UK automakers

The cost of making a car in the UK could increase by £2,370 ($2,930) in the event of a hard Brexit, according to research published by PA Consulting Group. The tariffs would apply to both imported and exported cars with the report stating carmakers would be likely to pass any price increases to buyers.  The report explained that the increased cost of manufacturing could be the case if the UK falls back on World Trade Organisation (WTO) rules post Brexit. It warned that the 10% WTO tariffs on exporting and importing with the European Union (EU), could force some manufacturers in the UK to relocate outside the country.

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Switzerland: when auction for license plate is a good news for the city

The canton of Valais is 160,100 francs richer after an anonymous bidder bought the car licence plate VS 1, with the letters standing for the Canton of Valais in western Switzerland, in an auction that finished on Tuesday last week. The figure is the highest amount ever paid for a vehicle registration plate in the Alpine country and "surpassed expectations", said the cantonal authorities in a statement.

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Self-driving car: Uber's project coming soon

Uber Technologies’ self-driving cars could be returning to California soon after state authorities permitted the company to test the vehicles. The ride-hailing company is now listed by the California Department of Motor Vehicles as one of over 20 companies, including Waymo, Tesla and Baidu,  that have been issued autonomous vehicle testing permits as of Wednesday. Uber received a permit to test two Volvo SUVs on public roads, the California Department of Motor Vehicles said. Regulators also approved 48 people as backup drivers who must sit behind the wheel in case the prototype cars malfunction, according to agency spokeswoman Jessica Gonzalez.

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Semptember 2015
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    This presentation will look at profiting from the use of Ichimoku Clouds.

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    Confronto su come competizione, statistica, gaming e psicologia ne rivoluzioneranno il mondo.

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    Lo Shipbrokers and Shipagents Dinner è uno degli eventi più importanti nel panorama mondiale della

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    Within the framework of this presentation, Viktor Pershikov, MFTA, (a leading technical analyst in R

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    One of the biggest conferences in Switzerland, which brings together the private equity, venture cap

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