May 9th, 2017 Car News of the Day: BMW to increase production, Faraday Future posts new video
【Summary】Car News of the Day for May 9th, 2017.
BMW to increase production to 27% by 2020
According to German Daily Hadelsblatt, luxury auto veteran BMW AG plans to raise its annual production numbers 27% by 2020, meaning 3 million more vehicles, and will produce its popular X5 SUV in China.
BMW AG built 2.37 million vehicles last year, and will double its production capacity in China to 600,000 cars. In North America and Mexico, the production size will be increased from 410,000 units to 750,000.
The newspaper also said "going on the offensive" will be the message from BMW CEO Harald Krueger at its annual shareholder meeting, as it seeks to win back its No.1 spot over rival Mercedes-Benz.
Tesla hometown Fremont, CA to allow new homes to have solar
The Fremont, California City Council on Tuesday required new housing to install solar panels as well as wiring for EV charging stations to reduce energy consumption.
The move is designed to help the state of California to reach its goal of "zero net energy" level by 2020.
The size of the solar panel system required for both single-family and multifamily housing built in Fremont will be determined by the size of the property, up to 4499 square feet. Homes that are larger than 4500 square feet will be measured differently, yet still subject to the requirements.
Faraday Future FF91 hits the road in new video
Amid all the financial crisis and controversy, Faraday Future seems to be going head with its very first production car. A new video titled "Emergence" is posted recently about the FF91. The EV maker just turned three years old on May 8th.
According to reports, the company was forced to scale back its ambitious production plans due to financial trouble. Yet, a new factory in Las Vegas is still being promised by the company.
Cabify raised $100 million to take on Uber in Latin America
Ride-sharing startup Cabify has recently raised a big round of financing. The company raised $100 million in its new fundings, according to a SEC filing for Maxi Mobility, which is the company's official name.
Cabify is operating in Latin America, Spain and Portugal. According to a TechCrunch report last month, Cagify's CEO Juan De Antonio was quoted by the media his plan to raise $200 million, in order to expand the ride-hailing service nationwide in Brazil. The company currently competes with Uber, 99 and Easy Taxi in Brazil, and takes about 40% of market share in Sao Paulo, Brazil's most populous city. Cabify also operates in twelve other countries. So far, Cabify has raised about $243 million to date.
Waze lets you navigate following your own voice
Israeli GPS navigation company Waze Mobile has updated its Waze app with a new Voice Recorder menu, allowing a driver to record their own voices for 39 of the phrases Waze commonly uses, such as "All set, let's go!," and "Turn right."
Just one week earlier, the app expanded its voice selection with one more celebrity Mr. T. The company plans to periodically adds celebrity voices such as Morgan Freeman and Shaquille O'Neal. Although similar to Google Maps, it actually provide more vivid features such as real-time traffic alerts from actual humans, so turn-by-turn voice prompts do not sound boring. The Israeli company was acquired by Google in 2013.
Claire Peng has over 6 years of professional experience in the media industry, covering TV, newspaper and online media. She was once a reporter and producer for Fairchild Television based in Toronto Canada, and worked as an English news reporter for the Global Times in Beijing. She writes mainly about self-driving, companies investment, and the enterprise lab.
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