Chinese search engine colossus Baidu and the BMW Group has formally announced they have signed a Memorandum of Understanding (MoU), under which the BMW Group will join Apollo, the open autonomous driving platform by Baidu, as a board member.
Smart Mobility Deployments AP
Ride-hailing firm Grab insisted its takeover of Uber's businesses in Southeast Asia has not substantially eroded competition in Singapore after a threat from the city-state's anti-monopoly watchdog to reverse the deal.
Hyperloop Transportation Technologies said it will team up with a southwestern Chinese city to build a new 10-kilometre (six-mile) track for its high-speed hyperloop transportation system.
The BMW Group continues to drive the expansion of electro-mobility as part of its Strategy NUMBER ONE > NEXT. To achieve this, the company is adapting its production structures to growing demand for fully and partially electrified vehicles. Just seven months after opening its battery factory in China, the BMW Brilliance Automotive (BBA) joint venture today laid the foundation for a comprehensive expansion of the plant. At the “High-Voltage Battery Centre Phase II”, BBA will produce the new, more powerful batteries of the fifth-generation BMW eDrive technology for the fully-electric BMW iX3. Starting in 2020, the BMW iX3 will be built at the neighbouring BBA plant Dadong.
US electric car manufacturer Tesla has informed its shareholders that it has entered into negotiations with officials in China in an effort to build electric cars and battery packs in Shanghai. Tesla which was founded by South African entrepreneur Elon Musk has come under fire in the US in recent months following a series of collisions, some fatal involving Tesla models.
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