Urban Mobility
Chinese regulators are penalizing five electric-vehicle manufacturers that “cheated” on a subsidy program to the tune of 489.4 million yuan ($73.4 million) by making false claims about the number of vehicles they made —sometimes collecting money before any were made at all. Suzhou GEMSEA Coach Manufacturing Co. Ltd., the nation’s eighth-largest electric-minibus maker, forged production and sales records for more
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James Dyson tells Forbes that he will spend $1.4 billion over the next five years to build a battery factory and push battery technology forward, theoretically eclipsing Tesla’s existing tech. The commitment is a risky bet for Dyson and his namesake company, which he owns in full. To get a sense of why, consider Dyson’s most notable major investment in
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Thailand-based OEMs are set to benefit from the expansion of an existing auto tariff-free zone to ASEAN members Cambodia, Laos, Myanmar and Vietnam in 2018. Thailand is a regional production and export hub for the world’s top automakers, including Japan’s Toyota, Honda, Mitsubishi, Isuzu and Nissan, as well as U.S.-based General Motors, primarily Chevrolet, and Ford. According to global market-research firm IHS, Thai
Read moreIran’s Saipa Group CEO and Executive Member of the Board Mehdi Jamali told IRNA on Monday that his company will conclude an agreement with the major French automobile manufacture, Citroën, soon. He underscored that the contract fully accords with ‘Resistance Economy’, a set of policies outlined by the Supreme Leader, calling on the government to secure the utilization of the
Read moreWith more than 10,000 additively-manufactured parts built into the Rolls-Royce Phantom, the BMW Group has been using components from 3D printers in series production since 2012. The BMW Group is steadily pursuing the evolution and use of advanced additive-manufacturing methods. Planar 3D printing technologies will enable much faster production times and more economical production in the future. Plastic holders for
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