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General news

26 Jul 2016

ELON MUSK DEVELOPS TESLA ELECTRIC SELF-DRIVING BUS

ELON MUSK DEVELOPS TESLA ELECTRIC SELF-DRIVING BUS Tesla’s CEO recently presented a second master plan, called Part Deux, 10 years after the first one was released. Elon Musk has some incredible things planned, or at least they sound amazing, including making self-driving electric trucks and buses. The new plan follows Musk’s 2006 similar declaration. Tesla has more or less achieved its initial goals, though it still has plenty of work left. But Tesla added additional objectives to its list like expand the electric vehicle product line to address all major segments, and develop a self-driving capability that is 10 times safer than manual via massive fleet learning



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22 Jul 2016

BYD DIVERSIFIES IN CHINA'S MONORAIL MARKET

BYD DIVERSIFIES IN CHINA'S MONORAIL MARKET BYD Co says to be in talks with several of China's smaller cities on building monorail systems to pre-empt traffic congestion spurred by rapid growth in automobile ownership. Monorail systems are a potential 3 trillion yuan ($450 billion) market in China, based on an average 70-kilometer (43.5-mile) network in each of an estimated 300 cities, and will become a new major growth area for the company, according to Chairman Wang Chuanfu.



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21 Jul 2016

SOLARIS AND JBM GROUP ESTABLISH JOINT VENTURE IN INDIA

SOLARIS AND JBM GROUP ESTABLISH JOINT VENTURE IN INDIA Solaris Bus & Coach S.A. and Indian JBM Group have decided to establish a joint venture company in India. The strategic goals of the cooperation are development, sales and service maintenance of vehicles with alternative powertrains – electric and hybrid buses – for the Indian market. The JBM Solaris joint venture will be based in Delhi NCR, India and will capitalize on the strong reputation Solaris has developed as a provider of mass city transportation solutions and on JBM’s strength in the area of design and development to suit Indian requirements.



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