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Report: Car-Sharing Will Drive Up EV Mileage
8/14/2018Electric vehicles will account for more than 20% of vehicle miles driven worldwide by 2030 compared with less than 1% today, predicts a report by London-based ABI Research.
Chinese EV Startup Aims to Raise $1.8 Billion with U.S. IPO
8/14/2018Nio Ltd., a Chinese electric vehicle maker launched in 2014, aims to raise as much as $1.8 billion through a U.S. initial public stock offering, according to a regulatory filing.
Nielsen, J.D. Power Launch “Auto Cloud” Marketing Tool
8/14/2018Consumer data analytics giant Nielsen Holdings plc and J.D. Power are partnering on a new marketing platform to help automotive advertisers identify and target potential customers.
S. Korea Orders Recalled BMWs Off the Road
8/14/2018South Korea’s transport ministry, citing dozens of fires this year, is urging municipalities to order certain BMW cars off the road immediately until they have undergone an emergency inspection.
Musk Dribbles Out More Details About Taking Tesla Private
8/14/2018Tesla Inc. CEO Elon Musk says he has lined up his own legal and financial advisers to help him with his plan to take the company private.
American Center for Mobility Appoints Interim CEO
8/13/2018John Maddox, who led the launch the Michigan’s based American Center for Mobility two years ago, has been replaced as president and CEO on an interim basis by Kirk Steudle, head of the state’s Dept. of Transportation.
Nissan, Dongfeng Target “Green” Production in China
8/13/2018Nissan Motor Co. and Dongfeng Motor Group aim to shift their Chinese operations to “greener” production methods over the next four years.
Hyundai Eyes Fuel Cell-Powered Commercial Trucks
8/13/2018Hyundai Motor Co. tells the Korea Herald it is developing a hydrogen-powered, 5-ton garbage truck and pondering mass production of various commercial trucks.
Honda Expands China Recall over Fuel Fumes
8/13/2018Honda Motor Co. is adding another 69,100 vehicles to earlier recalls of 404,400 cars and SUVs in China to address about gasoline fumes in the passenger compartment.
U.K. Developers Plan Car Resort
8/13/2018The developers of the U.K.’s Bicester Heritage center outside London plan to add a hotel and other amenities to create a high-end resort for car enthusiasts.