Europe

TOKYO — Valeo, a pioneer in commercializing lidar technology, is developing a more advanced version of its laser-emitting safety systems for debut in 2024 that promises a twelvefold increase in resolution, a tripling of range and a much wider viewing angle that can see details the human eye, cameras and radar cannot. The lidar lineup,
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Mercedes-Benz’s new, more luxury-focused MMA entry-level platform will launch in 2024 with an all-electric model in 2024, the company said. The “electric first” platform, which can also accept internal-combustion engines, will debut a new generation of technology and set the standard for future Mercedes architectures to come, CEO Ola Kallenius said.  Mercedes briefly showed a silhouette
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Mercedes-Benz can now focus exclusively on passenger cars following the Daimler Trucks spinoff in 2021, and strong first-quarter results appear to be proof that strategy is working.  Mercedes is achieving those results as it rolls out its lineup of dedicated full-electric cars, including the EQS sedan and SUV, and the EQE sedan and expected SUV.
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LOS ANGELES — Swedish electric car maker Polestar teased an expansion of its premium performance lineup with a swoopy roadster concept. The Polestar O2, revealed Tuesday on the rooftop of a Beverley Hills office building, is a hardtop convertible that reflects the brand’s next-generation design aesthetic and features a new aluminum platform. “The concept combines
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Stellantis said on Tuesday that it aims to double its net revenue to 300 billion euros ($335 billion) by 2030, while maintaining double-digit adjusted operating margins as the automaker speeds up the electrification of its sprawling model lineup across brands including Jeep, Ram, Peugeot and Fiat.  Presenting its new strategic plan called Dare Forward 2030
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Volvo Cars said it will suspend car shipments to the Russian market until further notice, becoming the first international carmaker to do so as sanctions over Moscow’s invasion of Ukraine continue to bite. Volvo said the decision had been made because of “potential risks associated with trading material with Russia, including the sanctions imposed by
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Volvo Cars unveiled an ambitious product road map at its annual dealer meeting on Wednesday as the Swedish automaker accelerates toward an all-electric future. At the conference in Miami, attended by about 800 Volvo retailers from across the Americas, company executives laid out plans to introduce seven new and redesigned electrified models over the next
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Former Opel CEO Michael Lohscheller has been hired by Nikola as president and tasked with helping the U.S. electric truck maker ramp up production. Lohscheller joins Nikola after a short stint as CEO of VinFast Global, the automotive arm of Vietnamese conglomerate Vingroup. Lohscheller arrived at VinFast in July 2021 but stepped down five months
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The cargo ship that caught fire last week carrying about 4,000 Volkswagen Group vehicles could cost the automaker at least $155 million, according to one consultant’s estimate. Of the roughly $438 million total value of goods aboard the Felicity Ace, which went up in flames off the coast of Portugal’s Azores Islands, Russell Group said
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