Posts Tagged ‘news’
Ford, Mercedes, and Renault-Nissan announced on Jan. 28 they would produce fuel cell vehicles in 2017.
The three companies have been working on the technology, and some have demonstrated prototype vehicles. Mercedes-Benz has been testing multiple generations of their F-Cell fuel cell vehicle.
The Toyota-BMW agreement covers the united development of a fuel cell stack, hydrogen tank, and electric motor for a car. They will also work on new lithium-air battery technology, aiming to increase the energy density of electric vehicle batteries. Read the rest of this entry
Toyota Motor Corp. and BMW are signing an agreement to develop a sports car platform, lithium-air batteries and new lightweight materials. The automakers aim to jointly develop a fuel cell system for vehicles by 2020.
The companies will embark on a feasibility study to define a joint platform concept for a mid-sized sports vehicle, aiming to complete the study by the end of 2013.
Toyota and BMW will also team up to develop a new generation of batteries with higher energy density than the lithium ion batteries currently being used in hybrid and electric cars. They cited lithium-air batteries as the new chemistry to be explored.
Rolls Royce is to announce a “stunning” new model in a couple of weeks followed by an auto-show debut on April 21st in Shangai.
Rolls Royce couldn’t reveal any more details on what sort of car it will be and what’s underneath the hood. Rolls Royce was working hard on testing out a prototype of a two-door Ghost coupe. We wouldn’t be surprised by RR bringing the Corniche name back as they have been promising customers that it was in the works for a while. Read the rest of this entry
Audi plans to spend $17 billion through 2016 to develop new cars and expand production capacity as it pursues BMW’s lead.
“We will keep investing large sums to pursue our growth strategy,” Chief Financial Officer Axel Strotbek said in the statement. “The expansion of our global manufacturing infrastructure will help us to continue growing.”
Audi aims to sell at least 2 million cars a year and overtake BMW by the end of the decade. The brand’s expansion is part of Volkswagen’s goal to become the world’s largest automaker by 2018. The manufacturer plans to spend 50.2 billion euros on its auto division, including Audi, through 2015. Read the rest of this entry