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Didi Chuxing and What’s Missing
While the global car sharing market is anticipated to grow 34 percent annually between 2017 and 2024, the rate is expected to be 40 percent in China.
GM Will Idle Flint Truck Plant for 4 Weeks
General Motors Co. says it will idle its pickup truck plant in Flint, Mich., for most of July to update the facility’s assembly lines.
Hyperloop One to Develop High-Speed Transport Plan for India
Virgin Hyperloop One has signed an agreement to develop plans for an ultra-high-speed transit tube system in India that would link Pune with a proposed new airport in Mumbai 100 miles away.
Nissan Says EVs Will Reach Price Parity in 2025
Nissan Motor Co. calculates that the price of electric cars will drop to those of comparable gasoline and diesel-powered models in seven years.
VW to Equip All Euro Models with V2X Capability in 2019
Volkswagen AG is accelerating its rollout plans for vehicle-to-everything (V2X) communication systems.
Japanese EV Hits 0-100 kph in 1.9 Seconds
Japan’s Aspark Co. claims its all-electric Owl hypercar rocketed from zero to 100 kph (62 mph) in 1.9 seconds during a recent test run.
The Future Is Sooner Than You Might Think
Transportation as a Service (TaaS)—which can be thought of as that ride-hailing, self-driving approach—will become the way for most people to go by 2030.
German High Court to Rule on Legality of City Diesel Bans
Germany’s highest court for administrative disputes is expected to decide on Thursday whether cities can ban diesels to help improve local air quality.
Audi Denies Report that CEO Stadler Will Be Replaced
Audi AG has denied a Bild report that CEO Rupert Stadler will be removed in June because of his handling of Audi’s role in parent Volkswagen AG’s diesel emission cheating scandal.
Faurecia to Open Interiors Plant in Kansas City
France’s Faurecia SA is investing $60 million to build an assembly plant for interior components in Blue Springs, Mo.