Smart Mobility EU

German car manufacturer Daimler has announced that it plans to invest $735m in electric vehicle production in China. In a statement issued to the press, Daimler announced that alongside its Chinese joint venture partner BAIC Motor Corporation will jointly invest 5 billion yuan ($735M) in the pursuit of battery electric vehicle production in China by 2020. In addition to this, it further disclosed its commitment to provide the infrastructure that is required.

Swedish car manufacturing colossus Volvo has announced that all new models launched from 2019 will be fully electric or hybrid vehicles - which signals the end of nearly a century of Volvo cars being powered solely by the internal combustion engine.

BMW has revealed that it is considering manufacturing its new electric Mini vehicle outside of the UK due to the uncertainty following the country's decision to exit the EU. A source close to the car manufacturing giant claims that BMW executives will make a decision on the location for the manufacturing of its new electric model by the end of September.

A leading German manufacturing company has publicly announced it will join a self-driving platform which has been developed by BMW, Intel and Mobileye. Continental AG, commonly known as Continental is the world's second-biggest supplier to carmakers by sales.

Finland is set to significantly reduce urban congestion and harmful emissions by launching a new electrically powered autonomous bus service in its capital city Helsinki. Authorities in Helsinki have formally disclosed plans in relation to the new public transportation system that will revolutionize the city.