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  Honda and Hino join Toyota and Softbank Corp. to jointly develop self-driving service

  Honda and Japanese truck maker Hino announced on Thursday that they will join Monet Technologies, a joint venture between Softbank Corp. Group and Toyota Motor Group, with the aim of developing a new generation of self-driving cars involved in medical, transportation and self-driving fields, according to media reports. According to an announced agreement, Honda and Hino will each invest about 250 million yen ($2.27 million) in the joint venture Monet Technologies and own the joint venture.

  Honda Toyota joint venture company Softbank Corp. 2019-03-28
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  Softbank Corp. cooperates with Honda to invest in GM's cruise to seek the commanding heights of self-driving technology.

  Cruise, a subsidiary of GM, acquired existing investors on May 7, local time, with Japanese Softbank Corp. and Honda investing $1.15 billion, according to foreign media reports. The new round of financing raised cruise's valuation to $11.5 billion, while shares of its parent general motors rose 2.3% to $38.89 in the afternoon on the new York stock exchange. Cruise was acquired by GM two years ago for $1 billion, GM owns an 80 per cent stake in Cruise, and Japanese companies such as Softbank Corp. and Honda have invested about $3 billion in it. In the past year, Cr...

  Beijing 2019 implementation 2019-05-08
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  General Motors plans to expand recruitment of self-driving staff

  According to foreign media, Cruise, GM's self-driving technology department, will double its recruitment this year and devote itself to the research and development of self-driving. Cruise also plans to triple office space in San Francisco. GM has not announced an increase in hiring, but judging from this, it is likely to double the number of existing employees. It is understood that. When Cruise was founded, it had only more than 40 employees, and it was acquired by GM and gradually expanded. According to previous sources, Japan's Softbank Corp. has announced a large investment in Cruise, while Honda also plans to invest $2.75 billion with GM.

  be listed 2019-03-18
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  Keep warm together! Eight Japanese companies, including Toyota, set up joint ventures

  According to the latest data from automotive industry data forecasting company AutoForecast Solutions (AFS), by the end of October, due to chip shortage, the global auto market has reduced production by about 3.905 million vehicles this year, and is expected to climb to 4.2785 million by the end of the year.

  Cars companies chips problems Toyota Japan Industry supply Global impact output Market production supply chain Semiconductors 2022-11-12
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  Hyundai Kia invests in Indian ride-hailing platform Ola with a total investment of 300 million US dollars.

  According to foreign media reports, Hyundai, together with Kia, has invested $300m (about 2 billion yuan) in Indian ride-hailing platform Ola. According to related sources, the deal values Ola at about $6 billion. Under the agreement, Hyundai, Kia and Ola will work together to develop fleet and mobile solutions and build India's unique electric vehicles and infrastructure. The purpose of its investment is to catch up in the global competition for investment in new mobile travel. This is also another big investment made by modern Kia Union in the field of travel. It is understood that in January last year, Hyundai Motor shared the ride platform Gr... to Southeast Asia.

  Investment 2019-03-19
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  UBS: the market value of self-driving taxis may reach US $2 trillion in 2030

  The global self-driving taxi market is likely to exceed $2,000bn in 2030, and the large-scale use of self-driving cars will also have a significant positive impact on many existing industries, according to analysts at UBS Group AG. The estimate is based on a simulation of a fleet of self-driving taxis in New York by UBS evidence Lab (Evidence Lab). Relevant market values include sources such as car and tire manufacturing, power supply, construction of charging stations and semiconductors needed to support the technology. Ride-sharing companies such as ride-hailing companies Uber and Lyft may leave.

  Renault Nissan FCA 2019-05-30
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  Honda's first-quarter operating profit fell 16%, lowering its annual sales forecast to 5.11 million units.

  In the first half of this year, the domestic automobile market still showed a decline in sales due to the implementation of the sixth national emission standard and the subsidies for new energy vehicles. According to the China Automobile Association, domestic car sales fell 12.4% in the first half of the year compared with the same period last year, of which Chinese-branded passenger cars fell 21.7% year-on-year, with a market share of less than 40%. After Geely, Great Wall and GAC GROUP cut their annual sales, Honda also cut its sales for the fiscal year due to weak market sales. According to Reuters, Honda reported results for the first quarter of fiscal 2020, and Honda's operating profit for the second quarter.

  Honda 2019-08-03
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  Zhou Hongyi: we Internet people will certainly be able to build cars, but it will waste a lot of money

  Zhou Hongyi: we Internet people will certainly be able to build cars, but it will waste a lot of money

  Zhou Hongyi 2021-07-09
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  It can't be empty! The chairman of Weichai said that self-driving was a hoax.

  Recently, Tan Xu, CEO of Weichai Power, said at the annual results conference of Weichai Power 2021: self-driving is bluffing. Don't listen to them. L1 is all right, L2 is just so-so, and L3 is impossible. In addition, for the new energy vehicle industry, it said: the new energy industry is relatively lively in recent years, and then everyone competes disorderly, and the whole vehicle of new energy, especially the passenger car, will have a catastrophic overcapacity. At the same time, Tan Xuguang also said: the arrival of new energy has brought the driving force of scientific and technological progress to traditional energy, reducing fuel consumption and improving efficiency is the realization of traditional fossil energy.

  Self-driving 2022-04-04
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  Jia Yueting's FF will be listed on NASDAQ, with Evergrande holding 20%.

  According to media reports, Jia Yueting's Faraday Future (FF) will be listed on Nasdaq on July 22nd, with Evergrande holding a stake in FF20%. In addition, the FF 91, the first model of Faraday in the future, will also usher in mass production and open bookings. A few days ago, at a special meeting held by Property Solutions Acquisition Corp. (PSAC) (NASDAQ: PSAC), shareholders considered and voted to approve all related to the proposed merger between PSAC and FaradayFuture (FF).

  Jia Yueting Evergrande 2021-07-22
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  Li Shufu has another car company listed in the United States!

  On January 31st, Lutes Technology announced that it had reached a final merger agreement with special purpose acquisition company L Catterton Asia Acquisition Corp (hereinafter referred to as LCAA), which is expected to complete the merger in the second half of 2023. According to the merger and acquisition agreement

  Tex Geely Brand Proton Automotive Intelligence Technology models Luter Market West Asia Malay Malaysia Holdings Code 2023-02-02
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  1300 employees were evacuated after a suspected fire broke out at Toyota headquarters in Japan.

  Toyota evacuated all 1300 employees after a suspected smoke fire occurred at Toyota headquarters in Toyota City on the afternoon of Aug. 30, according to Reuters, NHK and other media reports. Toyota Motor Corp. said there may have been a fire at its headquarters in western Japan. The company has evacuated all 1300 employees and there are no immediate reports of casualties, Bloomberg reported. Japanese media NHK reported that 12 fire engines rushed to the scene of Toyota headquarters after smoke was reported. Toyota said the smoke incident occurred at the R & D facility, no one was injured, and employees have been evacuated.

  2019-08-31
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  Do you remember Future car? The parent company is going public.

  Beijing Great Wall Huaguan Automotive Technology Co., Ltd. (hereinafter referred to as "Great Wall Huaguan") and SPAC (special purpose acquisition company) Mountain Crest Acquisition Corp. Sign a formal merger agreement, which is expected to be completed by the end of 2022

  Car Future Great Wall Huaguan Company Market time ideal goal New Energy purpose Investment advantage Power employee 2022-05-03
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  Nissan has set up a new collision testing institute in the United States for $41 million, and the city of Detroit will become the cutting-edge research center of Nissan.

  Nissan Motor Corp. (Nissan Motor Co.) plans to build a crash test center on the outskirts of Detroit with an investment of $41 million and 25 jobs. Nissan's last North American facility investment was in August 2018 in two car assembly plants in Smyrna, Tennessee and Canton, Missouri, totaling $170 million (RMB 1.159 billion) to support the production of the new 2019 Nissan Altima (North American version of Teana). Nissan North American spokesman Chris Keefe said Nissan's North American division is west of Detroit, Michigan.

  Nissan testing research 2019-05-25
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  Toyota popularizes fuel cell technology in China and will provide fuel cell components to FAW, Suzhou Jinlong and BAIC Foton.

  Toyota has made great achievements in the layout of new energy technology. different from other manufacturers, Toyota's main technology route is gas-electric hybrid and hydrogen fuel cell. At present, Toyota has confirmed that it will provide key components of hydrogen fuel cells in addition to authorizing the use of gas-electric hybrid technology to Chinese automakers. Toyota Motor Corp. has announced that it will supply key components of hydrogen fuel cells to Chinese automakers FAW Group and Suzhou Jinlong. Toyota, which is currently working hard to promote the technology, believes that hydrogen fuel cells will play a bigger role in popularizing electric vehicles. Toyota Motor.

  2019-07-07
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  Letv's self-mocking marketing, the boss built the car in America.

  Auto industry attention reported on June 11, 2021, Letv and Jia Yueting are making new moves, and Letv's video mobile app released a new update yesterday. From the update log of the new version of the application, there is no functional update in this version, and it seems that the biggest update is just to change the icon of the application. In the new version of the icon, a line of text is added at the bottom of the iPhone icon, "Luo Pang Shake plays Zhen Huan", and the new text at the bottom of the Android version is "Boss car America". A complete "limerick" has also been compiled in the details of the app store: the master has always been in the folk, and he named me optimistic, Luo.

  Letv 2021-06-11
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  Layout of travel business, Toyota Didi established a joint venture "Fengju Travel" technology company

  Through the inquiry of the industrial and commercial publicity information system, we learned that Toyota and DiDi formally established a joint venture company, Fengju Travel (Beijing) Technology Co., Ltd., which is located in car rental services. covers car sales, technology development and ride-hailing and other businesses. The registered capital of the company is 157.95 million US dollars, the shareholder is GAC Toyota, and the chairman and legal person is Yang Jun (vice president of DiDi). The joint venture is mainly engaged in car rental, car sales, car-hailing and auto parts. The information obtained from the relevant channels shows that at present, the company with absolute shares in Fengju Travel is a company named.

  Toyota Didi cooperation abundant tangerine travel 2019-09-19
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  Suffocate for the dream! Faraday will be listed on Nasdaq in the future.

  On June 25th, Faraday Future (Faraday Future) officially announced that the Securities and Exchange Commission (SEC) approved the joint listing plan of Faraday Future (Faraday Future) and Property Solutions Acquisition Corp. (PSAC). It is understood that shareholders of PSAC will hold a meeting on July 20, 2021 to approve the formal merger with Faraday Future by shareholder vote. After obtaining the approval of PSAC shareholders and complying with other practices, the terms of deal.

  The future of Faraday 2021-06-26
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  Will Porsche be made in China? CEO gave a reply.

  In recent years, the position of the Chinese market has been strengthened day by day, and more and more brands are considering to put into production in China and realize localization. Lincoln, for example, announced last year that it was officially home-made in China, launching two models, the adventurer and the pilot, and achieving rapid sales growth. However, even with a surge in consumer demand in China, Porsche, a luxury brand owned by Volkswagen, insists it will not produce cars in the Chinese market. Porsche CEO Oliver Blume recently said he would consider building a factory in China to produce cars, citing German manufacturing to keep the Porsche brand overflowing, the Financial Times reported.

  Porsche 2021-02-24
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  Domestic brand "Lu Xun"! Zhongheng Tian's first batch of large off-road vehicles were officially delivered, equipped with large-displacement V8 engines.

  Another domestic large off-road vehicle has been officially delivered! The off-road vehicle launched by Zhonghengtian off-road vehicle Co., Ltd. took at least five years, and the vehicle production project officially started construction in Ya'an, Sichuan Province in 2014, until May this year, the car finally achieved mass production and delivery. however, the exact price has not been announced. The most controversial thing about the car is the very "Toyota series" appearance! Hengtian large off-road vehicle uses a square body shape, the front face of the straight waterfall intake grille on both sides connected with the headlamp group, a little Prado flavor, the rear is based on the design of the old Toyota Land Patrol, the visual effect is quite hard. In terms of size.

  Domestic engine 2019-05-13