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EV sales up in China
- October 20, 2017
- Posted by: Alan Feldberg
- Category: Industry News
Sales of electric cars in China should pass 700,000 this year, with 80% more sold in the country last month than in September 2016. The China Association of Automobile Manufacturers (CAAM) reported that 77,000 EVs were sold in September, bringing the total for the first three-quarters of 2017 up to 398,000. The final quarter is [...] -
AkzoNobel to discuss chemicals split
- October 20, 2017
- Posted by: Alan Feldberg
- Category: Industry News
AkzoNobel will hold an Emergency General Meeting on 30 November to discuss the approval of the separation of its speciality chemicals business, either through a sale or a legal demerger. It reports that volumes are up two per cent driven by decorative pains and performance coatings, with revenues up one per cent. CEO Thierry Vanlancker [...] -
Cruise has sights on NY
- October 18, 2017
- Posted by: Alan Feldberg
- Category: Industry News
GM’s Cruise Automation will expand its test pool, whilst keeping a focus on city driving, something it has said gives it an edge in the autonomous driving space. Cruise will test its self-driving fleet in New York in a five-mile square section of Manhattan, the company announced, led via the WSJ, in a move that [...] -
Baidu sets autonomous timeline
- October 16, 2017
- Posted by: Alan Feldberg
- Category: Industry News
Chinese internet giants Baidu says it will release level three autonomous vehicles for the mass market by 2019. It already has tech partnership with NVIDIA, and is now partnering Chinese automaker BAIC to deliver the cars, with level four vehicles expected to be released around 2021. Baidu has outlined a roadmap for its line of [...] -
PSA set to cut Ellesmere jobs
- October 16, 2017
- Posted by: Alan Feldberg
- Category: Industry News
PSA is to cut around 400 jobs at Vauxhall’s Ellesmere Port by the end of the year to improve the production facility’s competitiveness. According to PSA, the job cuts – which equal about a quarter of the facility’s staff – would be carried out via a voluntary redundancy plan. ‘Facing challenging European market conditions and [...]