Daimler partners with Volvo for $1.3 billion Hydrogen fuel-cell joint venture

Images of Volvo V90 Cross Country

German automaker Daimler has announced on Tuesday that it is collaborating with Swedish auto giant Volvo to establish a $1.3 billion joint venture to make Hydrogen fuel-cell for trucks. Both the automaker are looking for green mobility options aggressively and the joint venture comes as part of their upcoming strategy. As Daimler Truck chairman Martin […]

Daimler asks EU antitrust regulators to investigate Nokia patents

Daimler

Daimler has complained to EU antitrust regulators about Nokia patents important to car communications, a move underlining the tensions between tech firms and the auto industry on the use of major technologies. Tech companies and mobile telecoms providers are playing a significant role in the auto industry, with their technologies utilized in navigation systems, vehicle-to-vehicle […]

Daimler cuts dividend as lower sales, R&D costs hit Mercedes

daimler denza ev

Daimler slashed its dividend on Wednesday after fourth-quarter operating profit plunged by 22 percent, due to trade wars, increasing costs for developing electric cars and an industry downturn that has dented even the most profitable automakers. Daimler stated the return on sales at Mercedes-Benz cars dropped to 7.3 percent in the fourth quarter from 9.5 […]

Daimler and Baidu to extend automated driving alliance

Baidu reveals self-driving truck with Foton

German automaker Daimler stated it will deepen a partnership with China’s Baidu on automated driving and vehicle connectivity services. Daimler and Baidu joined forces in April last year to develop Apollo, an automated driving platform, which has the motive of speeding up autonomous vehicle research and promoting the drafting of associated laws and regulations. Both […]

Daimler, Bosch to bring self-driving taxis in California test program

Bosch logo

German automaker Daimler AG and auto supplier Bosch Corp are going to deploy self-driving taxis in California’s Silicon Valley region in 2019 as part of a test program of vehicles designated for city driving, the two companies stated on Tuesday. The world’s largest maker of premium cars and biggest automotive provider gave some information about […]

Ford and Daimler are winding down fuel cell joint venture

Daimler and Ford

Ford Motor and Daimler AG are winding down a joint venture established to develop automotive fuel cell technology, Ford stated on Wednesday, as both automakers prepare to take their concerning fuel cell technology development in-house. The Automotive Fuel Cell Cooperation Corp venture, formed in Burnaby, British Columbia, will shut down this summer, Ford stated in […]

Daimler and Transport Ministry agrees to clear up complex emissions issues

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German automaker Daimler and the German transport ministry have agreed to clear up very complex technical issues connected with diesel emissions, a spokesman for the ministry stated on Friday. He informed that concrete steps were agreed after a meeting on Monday where German Transport Minister Andreas Scheuer questioned Daimler boss Dieter Zetsche concerning how many […]