BAIC, Daimler, GM, Smart, Faraday Future, Toyota.
Sino-Japanese EV alliance: BAIC and Panasonic want to build a EV component factory in the Chinese city of Tianjin. BAIC will hold 54 percent of stakes, Panasonic the remaining 46%. The facility is part of BAIC’s plan to increase the production of electric and hybrid cars to 400,000 units per year by 2020.
asia.nikkei.com
Investing billions in electrification: Daimler announced that it will invest a total of 14.5bn euros in research and development. More than half has been earmarked for alternative drivetrains, like the new platform for electric cars and the expansion of its batter facility in Kamenz, Germany.
greencarcongress.com, just-auto.com
GM invests in autonomous EVs: General Motors wants to increase the number of engineers at its facilities in Canada from currently 300 to 1,000. The extra manpower will be used to further develop electric and self-driving vehicle technologies.
autoblog.com, gm.com
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E-Smart to premiere in October: Smart will show the electric versions of the Fortwo, Forto Cabrio and Fourfor at the Paris Salon d’Automobile in October. The EVs will first go on sale in the U.S. towards the end of the year and will become available in Europe at the beginning of 2017.
carscoops.com
FF announces new arrival: As reported, former Ferrari Manager Marco Mattiaci has joined the Faraday Future team. He will take over as Global Chief Brand & Commercial Officer and will be in charge of branding, communications, sales and customer experience.
marketwired.com
Toyota Camry hits dealerships: The Japanese now offers its updated Camry in the U.S. Though some trims now have more standard features, the price of 26,790 dollars remains. All versions of the 2017 model year will be equipped with ten airbags and i.e. brake assist.
carscoops.com
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