NEWS

Ontario Approves First Batch of Self-Driving Vehicles for On-Road Tests

11/29/2016

Ontario has approved a first round of automated vehicles for testing on its public roads. The Canadian province announced the program last January.

Delphi, Mobileye Choose Intel Chip for Autonomous Vehicle Systems

11/29/2016

Delphi Automotive and Mobileye will use an Intel “system-on-chip” microprocessor to control self-driving vehicle systems they are developing.

SDC Signs Deal to Commercialize Catalyst Technology in China

11/29/2016

Arizona-based SDCmaterials Inc. has reached an agreement with Chinese largest catalytic converter supplier, Wuxi Weifu Lida, to commercialize SDC’s high-performance catalysts.

VW Unveils a Zoomy Successor to CC Sedan

11/29/2016

Volkswagen AG’s self-named brand has release a sketch of the Arteon, a coupelike five-door hatch that will replace the CC at the top of VW’s car lineup in Europe next summer.

GM Details “Super Cruise” Self-Driving System

11/29/2016

Details have become public about the functionality of the “Super Cruise” semi-autonomous driving system General Motors Co. plans to roll out next year, Reuters reports.

U.S. Lithium Producer Says Supply Will Meet EV Battery Demand

11/28/2016

Albemarle Corp., a key producer of lithium used in batteries for electric and plug-in hybrid cars, says suppliers should be able to keep up as demand soars for the lightweight metal, the Financial Times reports.

CCS EV Recharging Group Launches U.S. Operations

11/28/2016

CharIN e.V., the Berlin-based trade association created to advance the combined charging system (CCS) for electric vehicles, held its first meetings in North America earlier this month in Newport Beach, Calif., and Southfield, Mich.

VW’s Banks Extend €20 Billion Credit Line

11/28/2016

Volkswagen AG’s banks have agreed to a six-month extension of a €20 billion ($21 billion) line of credit that was to expire at year-end.

BMW Expands Mobility Venture Capital Fund

11/28/2016

BMW AG is widening the scope of its U.S.-based BMW i Ventures LLC fund, moving the venture capital company from New York City to Silicon Valley and hiking its investment capital fivefold to €500 million ($533 million).

VW-SOVAC Venture to Assemble Cars in Algeria

11/28/2016

Volkswagen AG has formed a joint venture in Relizane, Algeria, with sales partner SOVAC to assemble SEAT Skoda, VW brand cars and VW light-duty commercial vehicles.