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Dassault Tops Sustainability Rankings
1/23/2018Dassault Systemes was named the world’s Most Sustainable Corporation by Corporate Knights, a Toronto-based magazine and research firm.
Uber Aims to Turn a Profit by 2020
1/23/2018CEO Dara Khosrowshahi vows that Uber Technologies Inc. will finally post a profit within the next three years.
Mazda Rotary Engine to Boost Range of Self-Driving Toyota Delivery Vehicles
1/23/2018The fleet of autonomous electric delivery vehicles Toyota Motor Corp. is planning will include a small rotary engine supplied by partner Mazda Motor Corp. to help extend their driving range, Bloomberg News reports.
Wuhan Ramps Up Hydrogen Infrastructure Plans
1/23/2018By 2025 officials in Wuhan, China, aim to create a “hydrogen city” with as many as 100 hydrogen stations for fuel cell-powered vehicles, according to Xinhua News.
Tesla Aims to Link Musk’s Compensation to Hefty Financial Goals
1/23/2018Tesla Inc. proposes to tie CEO Elon Musk’s compensation as CEO of Tesla Inc. to breathtaking goals of hiking the company’s market value to $650 billion—more than 12 times its current worth—and annual revenue to $175 billion in 10 years.
Finnish Utility Partners to Install 100 EV Charging Stations in Hungary
1/23/2018Finnish electric utility Fortum Corp. has formed a strategic partnership with Hungary’s state-owned NKM National Utilities Ltd. to install 100 electric vehicle charging stations across the latter country this year.
Visteon to Help China’s GAC on Autonomous Vehicles
1/23/2018Visteon Corp. has been hired by Guangzhou Automobile Group Co. to help the Chinese carmaker develop self-driving cars.
Ex-FCA Official Pleads Guilty in Labor Training Fund Scandal
1/22/2018Alphons Iacobelli, a former head of labor relations for Fiat Chrysler Automobiles NV in the U.S., has pleaded guilty of stealing millions of dollars from an employee training fund.
British Tycoon Ponders EV Production in Australia
1/22/2018British industrialist Sanjeev Gupta has offered to buy a shuttered General Motors Co. factory in Adelaide, Australia, and use the facility to make electric cars, the Financial Times reports.
Bugatti Supercar Brakes for 3D-Printed Caliper
1/22/2018Volkswagen AG’s Bugatti unit has begun testing a 3D-printed titanium brake caliper that it plans to use in its Chiron supercar later this year.