 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
| . |  |
. |
 by Staff Writers Beijing (AFP) Nov 8, 2017
US auto stalwart Ford announced on Wednesday a $756 million investment with its Chinese joint venture to produce electric cars, just as US President Donald Trump arrived in Beijing for thorny trade talks. Ford's investment with Zotye comes as China has signalled it plans to force gas-guzzling vehicles off the road, though the country has yet to lay out a formal timeline for the new regulations. China will also impose in 2019 a quota requiring automakers to produce a minimum number of new-energy vehicles. The two firms confirmed the establishment of the Zotye Ford Automobile Company joint venture, which will will design, build and distribute all-electric passenger vehicles for China, Ford said in a statement. Ford said Zotye is the market leader in China's all-electric small vehicle segment, noting that the company has sold 22,500 electric vehicles so far this year. Ford sold more than six million worldwide last year. Trump, who has pressured US company to repatriate jobs to the United States, will address the US trade deficit with China during talks with President Xi Jinping on Thursday. Trump and Xi are also expected to oversee the signing of a slew of business deals, a day after $9 billion in agreements were struck between Chinese and US companies. Peter Fleet, Ford's Asia-Pacific president, told Bloomberg Television that he will meet Xi and Trump and confirm around $10 billion in exports from the United States to China. Trump may also address US complaints about intellectual property thefts during his talks with Xi.
Introducing autonomous vehicles sooner could save hundreds of thousands of livesWashington DC (SPX) Nov 09, 2017 Autonomous vehicles should only have to be moderately better than human drivers before being widely used in the United States, an approach that could save thousands of lives annually even before the technology is perfected, according to a new RAND Corporation report. Allowing wide use of autonomous vehicles when they are just 10 percent better than current American drivers could prevent th ... read more Related Links Car Technology at SpaceMart.com
|
|||||||||||||
|
|
| The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us. |
del.icio.us
Digg
Reddit
Google
