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Alphabet’s (Google) autonomous driving branch, Waymo, has tightened the four-year-old bonds with Italo-American carmaker Fiat-Chrysler to implement the self-driving technology to the full product portfolio in the future, starting with ‘robot delivery vans’. And that theoretically includes all French-German PSA […]
A closer look at Thursday’s financial results shows that Tesla makes a profit thanks to ‘regulatory credits’. This is cash the company gets from governments for hitting environmental goals and from selling emissions rights. Without these credits, Tesla would make […]
Polestar, the new car manufacturer of electric vehicles and daughter of the Chinese Geely Group, has opened its first ‘Space’ in Brussels, the third in the world, after Beijing and Oslo. Later, there will be three more in Belgium, in […]
The electric car manufacturer, Tesla, returned to profit in the second quarter. With a net profit of $104 million ($2,18 per share), the brand is doing much better than analysts who predicted a loss. The figures are vastly improved compared […]
Last week, Nissan presented its second full-electric passenger car, the Ariya. It’s also the sign for the new Nissan strategy to be developed. We had a brief virtual meeting with the CEO and COO and spoke with the newly appointed […]
While new car sales in Europe have fallen by 43% in the first five months of 2020, electric cars have only dropped by 8%. In May, EVs represented 15% of the automotive market. French carmakers are hoping to lead the […]
The Frankfurt public prosecutor’s office announced 12 coordinated searches were being carried out on June 22 by the German, Italian, and Swiss authorities at the offices of car manufacturers Fiat and Iveco as part of the dieselgate investigation. Fraudulent diesel […]
Audi is teaming up with Hager Group, a German world leader in electrical installations in a research project to make its e-tron capable of fully bi-directional charging. That means that the car can store electricity from the house’s solar panels […]
The talks dragged on for months, but an agreement has finally been reached on support for Brussels Airlines. The rescue operation amounts to €460 million: €290 million via a loan until 2026 from the Belgian federal government, and a capital […]
With the Covid-19 health crisis and the economic crisis that will follow, experts not only foresee a 20% fall for the automotive sector in 2020, they also anticipate a reduction in fully autonomous driving technology development. According to them, priorities […]
Some billionaires – Bill Gates, Jeff Bezos, Richard Branson, Ray Dalio, among others –are investing in Kobold Metals, a start-up that is looking for new sources of cobalt via satellite images and mining data. Cobalt and nickel The start-up intends […]
Nine multinationals, including Mercedes-Benz of the Daimler Group, have joined forces at Microsoft’s initiative to reduce their carbon footprint. They will share their research and strategies to enable all companies to become carbon-neutral by 2050. The initiative is called ‘Transform […]
On Tuesday, the Trade Court of Nanterre has put the French long-distance coach operator Eurolines into compulsory liquidation, only one year after its take-over by German Flixbus. Management justified this situation by pointing at a difficult financial situation, which was […]
The Colruyt family, the family that gave its name to one of the biggest retailers in Belgium, has invested in VoltStorage. This German start-up produces big batteries for home-storage of locally produced electricity (solar panels, wind…) Via their private holding […]
French train manufacturer, Alstom, has presented the new TGV ‘of the future’ in its La Rochelle site. This new train made out of recycled materials, which consumes 20% less energy and transports one fifth more passengers, should enter service in […]
Despite a loss of € 1,68 billion for the second quarter, Daimler performed better than expected on the stock market in the last days. On the other hand, there’s more and more confirmation that 20 000 people will have to […]
The corona crisis is causing problems at bus builder Van Hool in Lier. Orders are down, turnover is plummeting, 300 people have been laid off at the factory in Macedonia, 70 temporary jobs have been cut in Belgium, and construction […]
In June, The European automotive market fell by 22,3% year-on-year overall. The situation is less dramatic than in the previous three months, thanks, in particular, to the French support plan. Within the EU, France stood out as the only country […]
In Germany, you can drive a Renault Zoë free of charge. How is this possible? Two reasons: manufacturers need electric cars to lower their average fleet consumption, and many governments subsidize heavily after the corona crisis. Autohaus König, a large […]
German car manufacturer, BMW, has concluded a long-term agreement with the Swedish battery manufacturer, Northvolt, for sustainably manufactured battery cells. As of 2024, the order volume would turn around 2 billion euros. The cells will be produced in the Northvolt […]
On March 17th, Brussels Airlines requested a €290 million state aid to survive the corona crisis. Today, there is still no deal. Minister of Finance, Alexander De Croo (Open Vld) attributes the situation entirely to the owner Lufthansa. Twenty-four video […]
On Wednesday, Fiat Chrysler Automobiles and PSA Group revealed the name of the new concern: Stellantis. The new group will be the fourth in the world volume-wise, and the third worldwide when you consider turnover. Stellantis comes from the Latin […]
After several years of increase, the average CO2 emissions of new cars in Belgium have decreased 8,6 grams per kilometer. CO2 emissions have never been so low. This is apparent from an analysis by Febiac, the Belgian federation for cars […]
On Tuesday, the Munich court has forbidden Tesla to use the expression ‘Autopilot’ in its advertising in Germany as it suggests the car to be capable of fully autonomous driving, while it still is an advanced driver’s assistance system (ADAS). […]
On Wednesday, 15 July, Nissan presented its new electric SUV crossover, the Ariya, in a new pavilion in its home turf Yokohama. In Europe, the newcomer will be available in five versions, two front-wheel driven, and three four-wheel driven. The […]
The American company Fisker, which is working on the development of the Ocean, an electric urban 4×4 (SUV), announced on Monday that it would go public via a merger with a subsidiary of the investment company Apollo, valuing it at […]
The giant fusion deal between Fiat Chrysler Automobiles (FCA) and the PSA Group risks turning turtle. Analysts still think that it can work, but they are questioning the 50/50 deal. An equilibration even less justified since FCA has a state-certified […]
With the coronavirus health crisis and the economy being brought to a halt, 2020 is set to record a 13% drop in greenhouse gases. But that positive effect is only short-lived, as experts say emissions will rise up again in […]
Samples taken in Nigeria showed diesel with 204 times more sulfur and gasoline with 43 times more sulfur than permitted in Europe. The samples came from gas stations selling fuels from Europe. In particular from Belgium and the Netherlands. Belgium […]
Belgian used car sales increased by almost 22% in June compared to the previous year. Now that planes are not perceived as the most corona-proof way to travel, people quickly want a car to go on holiday. And there are […]
The European Court of Justice has decided that the consequences of the installation of emissions-cheating software in VW products (the so-called dieselgate affair) can be prosecuted all over the EU. The judgment of the Court was issued because Volkswagen was […]
At the construction site of the Euro Space Center in Transinne, there’s is a Belgian first: luminous concrete. This material diffuses glow at night. It can be used for decoration or lighting, for example, for cycle paths and parking lots, […]
On Wednesday, Spanish car manufacturer Seat has announced it will be investing €5 billion in Spain between 2020 and 2025, mainly in the development of the electric car. A large part of this budget will be dedicated to “R&D projects […]
“Daimler can do better. And we will do it.” That was the message of CEO Ola Källenius on Wednesday at the general assembly of the group. An essential part of accomplishing this will be the green conversion Daimler is going […]
The Dutch cabinet puts 15 million euros on the table for the further development of charging infrastructure for electric vehicles. Provinces and municipalities provide the same amount so that the total budget is 30 million euros. Part of the climate […]
