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11/06/2019Russian state conglomerate Rostec plans to reduce its stake in AvtoVAZ to 25 percent by selling a stake to Renault. Rostec may use proceeds from the sale of new AvtoVAZ shares to add capital to the automaker, CEO Sergey Chemezov said on the sidelines of the International Economic Forum on Friday. Chemezov said Rostec would invest more than 10... -
11/06/2019Renault and Nissan yesterday announced the inauguration of a new facility for the joint innovation lab in Tel Aviv, Atidim Park, which will enable the Alliance to accelerate a unique model of collaboration with Israeli startups and an exclusive partnership with the Israel Innovation Authority. Known as the Alliance Innovation Lab Tel Aviv, the... -
11/06/2019The Gumball 3000 is a non-competitive motoring event covering a course of almost 5,000 kilometres, on roads open to traffic, and every edition visits locations symbiotic to the international jet set. Celebrities from all over the world regularly take part: artists, entrepreneurs, trendsetters and philanthropists, all helping to raise funds for,... -
11/06/2019On the occasion of World Environment Day, Mahindra and Blu Smart launch an all-electric ride sharing service in India. As a part of this strategic partnership Blu Smart Mobility will induct 70 Mahindra eVerito premium sedans in the first phase, across Delhi/ NCR including Gurugram, Noida, Greater Noida, Ghaziabad and Faridabad. In future, Blu... -
11/06/2019Harman International unveiled a new Dual-Mode V2X system, aimed at enhancing automotive safety. The flexible telematics system features both software and hardware and taps into DSRC and cellular 5G Vehicle-to-Everything C-V2X networks. V2X communication refers to the compatible transfer of data between a connected vehicle and its surroundings,... -
11/06/2019Accenture and Faurecia are collaborating on driver safety development. Developed at Faurecia's Digital Service Factory with the support of Accenture Industry X.0, the Connected Car Lab leverages Affectiva's Automotive AI to monitor emotional and cognitive states of the driver and other passengers from facial and vocal expressions. The Connected... -
10/06/2019Toyota is ramping up electric vehicle deployment plans, pulling forward its goal of selling 5.5 million electrified vehicles by five years and aiming to develop a solid-state battery by next summer. Toyota's Executive Vice President Shigeki Terashi outlined the new roadmap in a June 7 briefing about the company's EV plans. Toyota now aims to sell...