Archive for the ‘Technology’ Category

Dyson Confirms Plans to Build Electric Vehicles at New Singapore Plant

Factory set to open in 2020.

by on Oct.23, 2018

Company founder James Dyson has been hinting at plans to build an EV for a number of years.

While best known for its vacuums and fans, British company Dyson has confirmed long-standing expectations that it will enter the electric vehicle market, announcing plans to build a new assembly plant in Singapore.

Dyson has been investing heavily in advanced battery technology, among other things acquiring Michigan-based Sakti3, a pioneer in the development of solid state technology. But after writing down some of the purchase price, it is not clear if the British manufacturer will use conventional lithium-ion or more advanced battery technology for the vehicles it is planning.

Plug In!

The decision to choose Singapore for its new factory “offers access to high-growth markets as well as an extensive supply chain and a highly skilled workforce,” Dyson CEO Jim Rowan told employees in a letter. “Singapore has a comparatively high cost base, but also great technology expertise and focus. It is therefore the right place to make high quality technology loaded machines, and the right place to make our electric vehicle.” (more…)

Audi Again Delaying Launch of E-Tron Electric SUV

Software problems blamed, but automaker also faces push for higher battery prices.

by on Oct.22, 2018

Audi was ready to take on the industry leader, Tesla, with the all-new e-tron, which will be delayed four weeks.

Audi will delay the launch of its first long-range electric vehicle, the e-tron, by about four weeks, the automaker confirmed, due to a software problem.

It would be the latest in a series of problems that repeatedly pushed back the unveiling of the e-tron, which Audi finally unveiled in mid-September. The German automaker had initially hoped to reveal the electric SUV earlier in the year, ahead of archrival Mercedes-Benz, which revealed its own battery-powered ute, the EQC two weeks earlier.

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According to a report by the Reuters news service, Audi blamed a “software development issue,” the automaker needing to receive regulatory approval after modifying some of the code used to control the electric vehicle’s drivetrain. (more…)

Ford’s New Ad Campaign Shoots Straight Hyping Products, History

First commercials debut during college football this weekend.

by on Oct.19, 2018

Ford is kicking off a new ad campaign, Built Ford Proud, that features print ads as well as new commercials.

Ford Motor Co.’s recent advertising campaigns haven’t quite hit the mark in terms of creating a positive buzz, so it’s going back to the future with an update to an oldie but goodie.

The automaker used to brag that its trucks were “Built Ford Tough,” but now the entire line-up is “Built Ford Proud.”

The Last Word!

Unveiled at its dealer meeting in Las Vegas, Ford’s new mantra will begin appearing on television screens this weekend, primarily during college football games. Featuring actor Bryan Cranston, famous for “Malcom in the Middle” and “Breaking Bad,” the three ads basically center on Ford’s pride in its history, ingenuity and progress. (more…)

Tesla Launches Lowest-Price Version of Model 3 Yet – But It’s Still Not the $35,000 Sedan Promised

New version actually will start at $45,000 before incentives – if fed tax credits will still be available.

by on Oct.19, 2018

Tesla CEO Elon Musk made good on his prediction of 55,000 Model 3 sedans in Q3. Now he's offering lower-priced variants.

With production finally on the rise at its Fremont, California assembly plant, Tesla is expanding the line-up of Model 3 variants, CEO Elon Musk late Thursday announcing what he billed as the lowest-price version of the battery-sedan yet offered.

But potential buyers might need to check the fine print carefully. According to a tweet from Musk, the new version of the Model 3 will cost $35,000 with the “true cost of ownership is closer to $31k after gas savings.”

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But this is not the $35,000 Model 3 that Musk promised to build when the sedan was first unveiled two years ago, setting off a flurry of activity, with about 400,000 potential buyers eventually putting down $1,000 deposits. The list price is actually $10,000 more. (more…)

Ford Expands Alliance with Mahindra Group

New deal comes on heels of partnership with VW.

by on Oct.18, 2018

Ford and Mahindra officials, including Ford's Jim Farley, (l), celebrate the signing of their first alliance. The two sides added two new agreements.

(This story has been updated to more accurately represent partnership between Volkswagen and Ford.)

Just a day after rumors circulated about the state of its open-ended partnership with Volkswagen AG, Ford Motor Co. expanded its alliance with India’s Mahindra Group.

The two companies this week signed new agreements on sharing powertrains and connected car solutions to reinforce the progress made in the strategic alliance between the two companies, first announced in September 2017 and followed with five Memoranda of Understanding.

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“We are pleased with the progress our teams have made since we announced our strategic alliance with Mahindra Group a year ago,” said Jim Farley, Ford executive vice president and president of Global Markets. (more…)

BMW Officially Pulls Wraps Off Flagship X7 SUV

“Hey, BMW.”

by on Oct.17, 2018

The new 2019 BMW X7 is ready to take on whatever Mother Nature sends its way.

BMW has been dropping plenty of big hints in recent months as it prepared to launch an all-new flagship. And now, we’re finally getting a look at the production version of the 2019 X7.

As the name might suggest, you can think of the big ute as the SUV counterpoint to the Bavarian brand’s traditional flagship, the 7-Series. And it reflects the massive shift in the global luxury market as highline buyers by the millions switch from sedans and coupes to SUVs and CUVs, mirroring what’s happened in mainstream segments.

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The 2019 BMW X7 is more than just a stretched version of the familiar X5. It’s not only nine inches longer but loaded with the sort of luxury features you’d expect on a 7-Series – or the also-new 8-Series. It also introduces BMWs new voice assistant infotainment system which, like Amazon’s Alexa, is always listening for its wake words, “Hey, BMW.” (more…)

Tesla Locks Down Site for 1st Chinese Assembly Plant

U.S. Senate, meanwhile, considers extending tax credits for Tesla, GM buyers.

by on Oct.17, 2018

Tesla Inc. has reached an agreement with the Chinese government to build an assembly plant in China.

After suffering a series of setbacks in recent weeks, things may be moving in the right direction for Tesla this week, and on a variety of fronts.

For one thing, the automaker has inked an agreement with the Shanghai government that will let it move forward on plans to set up a plant in the booming Chinese battery-car market, its first outside the United States.

Global News!

Closer to home, the U.S. Senate is  now considering a proposal that would extend the tax credits that have helped Tesla attract potential customers. Under current law, the incentives – worth up to $7,500 for an EV buyer – begin to phase out once a carmaker has sold 200,000 electric vehicles. Tesla recently passed that threshold, and General Motors is expected to reach that cap before the end of 2018. Industry analysts warn both companies could lose market momentum if they can’t offer the tax credits. (more…)

New Chips Improve Tesla Autopilot “500% to 2000%,” Musk Says

Updates coming in six months, free to current Autopilot owners.

by on Oct.16, 2018

Despite Tesla's claims to the contrary, safety advocates believe the company's use of the name Autopilot is misleading.

Several months ago, Tesla Inc. Chief Executive Officer Elon Musk suggested that all of the brand’s vehicles would be Level 5 autonomous by the end of the year. Most scoffed at the notion as that kind of autonomy is not expected to be a reality for a few years at least.

However, he’s doubled down – sort of – in a recent tweet where he said a new chip that improves Autopilot features would be available in about six months in all of the company’s new production electric cars.

Product News!

He provided an update on the new chip in a series of tweets, actually. (more…)

Porsche May Add Battery-Electric Macan Next, Hints CFO

Battery models set to generate 50% of Porsche sales by 2025.

by on Oct.16, 2018

The new Porsche Taycan, formerly known as the Mission E, is just the beginning of a slew of new battery-electric cars coming from Porsche.

Porsche is not only just getting ready to roll out its first pure battery-electric vehicle, the Taycan, but also it apparently sees the opportunity to electrify more of its line-up, with battery-powered products generating more than half its sales by 2025.

The automaker revealed one possibility at the Geneva Motor Show last winter, a concept battery-SUV dubbed the Mission E Cross Turismo that is essentially a high-riding version of the original Mission E concept that will become the Taycan sports car when it goes into production next year. Alternatively, the performance division of Volkswagen Group could electrify the smaller of its two current crossovers, the Macan. And still models will follow, according to Porsche’s chief financial officer.

Electrifying!

“There is no final decision yet, but you can expect that this will be the case because we need a large-volume model that is fully electric. This idea will then progress further with the next generations of the Panamera and Cayenne model lines,” CFO Lutz Meschke told reporters during a tour of the company’s product development center. (more…)

German Automakers Face 50:50 Chance of Collapse, VW CEO Warns

Herbert Diess warns battery-cars could cost jobs – and may not be as clean as promised.

by on Oct.16, 2018

VW boss Herbert Diess, left,helps unveil the VW BUDD-e and eGolf Touch electric concepts.

When the U.S. economy collapsed a decade ago two of the three Detroit-based automakers plunged into bankruptcy, surviving only with the help of a massive federal bailout – and that’s the fate that could be facing the German auto industry, as well, the CEO of Volkswagen warned today.

The country’s powerful auto industry faces a 50:50 chance of suffering the same fate that nearly destroyed Detroit’s Big Three manufacturers, Herbert Diess said during a supplier conference in Wolkfsburg VW’s home town.

Business News!

“From today’s point of view the chances are perhaps 50-50 that the German auto industry will still belong among the global elite in 10 years’ time,” said Diess, who was appointed VW’s chief executive earlier this year, following a senior management shake-up.

(more…)