Critics Blast VW Governance, Exec Pay Ahead of Annual Meeting
Three large European investor advisory firms have harshly faulted Volkswagen AG management for reneging on its promise to release a report by an independent investigation into the company’s diesel emission cheating, notes the Financial Times.
Researchers Develop Vehicle-to-Drone Autonomous Tech
The Southwest Research Institute (SwRI) says it has received a U.S. patent for a system that allows autonomous vehicles to share data with and control unmanned aerial drones with no human intervention.
Conti: EVs Won’t Make Economic Sense until 2025
Electric vehicles won’t gain an economic advantage over piston engines until 2025, when they overcome current shortcomings of high battery cost, limited range and lengthy charging times, opines Wolfgang Schaefer, Continental AG’s chief financial officer.
Uber Sets Up AI Lab in Toronto
Uber Technologies Inc. says it is setting up a small lab in Toronto to work on automotive-related artificial intelligence software that can be used in self-driving cars.
Umicore Expands Cathode Production for Lithium-Ion Batteries
Belgium’s Umicore NV is investing €300 million ($328 million) through 2019 to increase production of nickel-manganese-cobalt (NMC) cathode materials for lithium-ion batteries used in hybrid and electric vehicles.
Hyundai, Kia Appeal S. Korea Recall Demand
Hyundai Motor Co. and its Kia Motors affiliate have appealed an order by South Korea’s Ministry of Land, Infrastructure and Transportation to recall a dozen models representing 250,000 vehicles.
U.K. Startup Launches EV Charge-Sharing Business
Chargie Ltd. is launching a service that will enable homeowners to rent out their electrical ports for recharging the batteries of electric and plug-in hybrid vehicles.
Economy Comes to Carbon Fiber Parts (?)
Have economies of scale come to the production of automotive parts with carbon fiber materials?
Developing the Honda Clarity Fuel Cell
In some regards, it is just a car. Of course, it is a car with some of the most advanced technology available in the industry today. But it isn’t some sort of science project, but a real production reality.