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Chinese rivals to challenge Tesla
- April 20, 2017
- Posted by: Simon Wait
- Category: Industry News
Chinese start-ups are gearing up to challenge Tesla’s mass-market Model 3 sedan. Companies such as Future Mobility, WM Motor and Singulato Motors will all have the advantage of producing cars locally, giving them a potential price advantage over the Tesla, which could retail in China for near $45,000. Tesla’s Model 3 is clearly the car [...] -
Volvo makes Chinese commitment
- April 20, 2017
- Posted by: Simon Wait
- Category: Industry News
Volvo Cars will build its first fully electric car in China. The all-new model will be based on Volvo’s Compact Modular Architecture (CMA) for smaller cars, and will be available for sale in 2019 and exported globally. The decision to make its first electric car in China highlights the central role China will play in [...] -
AkzoNobel provides plan update
- April 19, 2017
- Posted by: Simon Wait
- Category: Industry News
AkzoNobel has forecast a €100m increase in operating profit for 2017, as well as revealed plans to separate its chemicals unit. The Dutch firm, which has been the target of a PPG takeover, revealed first quarter earnings before income tax rose 13% year-on-year to €376m, while sales were up seven per cent at €3.7bn. It [...] -
McLaren appoints the good doctor
- April 19, 2017
- Posted by: Simon Wait
- Category: Industry News
McLaren Automotive has appointed Dr Jens Ludmann as chief operating officer (COO), filling a role that’s been vacant since 2013. Dr Ludmann, who will take up his role on 2 May, will report directly to chief operating officer Mike Flewitt. His departmental responsibilities will include product development, purchasing, supplier quality assurance and manufacturing, overseeing the [...] -
ADAS applications to soar
- April 19, 2017
- Posted by: Simon Wait
- Category: Industry News
Global automotive applications of advanced driver assist systems (ADAS) will surpass 232 million units annually in 2022, according IHS Markit. In its latest ADAS Applications and Sensors Report, IHS Markit forecasts that global ADAS growth will be led in part by new introductions of automated autopilot, driver monitoring systems and side and rear mirror cameras, [...]


