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General news updateBack

FTThe Financial Times

Tesla offer sparks tech talks Nissan and BMW are interested in collaborating with Tesla on charging technology, following the Tesla’s decision to offer its patents to rivals in an attempt to promote the low-emission vehicles.

Worries over ‘value-destroying’ deal exert drag on Rolls-Royce shares in Rolls-Royce closed 1.5 per cent lower at £10.05 yesterday, after a research note from Société Générale recommended selling the stock. Rolls-Royce warned last month that sales would be heavily skewed towards the second half of the year.

Vodafone’s inroads into car technology – Italian telematics group Cobra Automotive Technologies by Vodafone for £115million. Cobra specialises in providing telematics software to gather data from computer-controlled car systems, and is regarded as a market leader in machine-to-machine technology driving the ‘Internet of Things’.

The Daily Mail

Jaguar Land Rover’s star turn Jaguar Land Rover has created a bespoke division for luxury and sports car buyers. The special section includes high performance derivatives, limited runs and collector editions and is building on the success of the company’s long-standing association with the Beckhams. In 2012 Victoria Beckham launched a limited edition VB Range Rover Evoque at the Beijing motor show, and earlier this year David Beckham became a brand ambassador for Jaguar in China.

The Metro

Sparks fly in the battle of electric cars – rising tensions between the two biggest players in the electric automotive industry: Tesla, led by Elon Musk, and Dale Vince’s Ecotricity. Smallman writes: ‘Ecotricity was supposed to be working with Tesla to roll out the US company’s superchargers within its national network.’ However, following the receipt of what Ecotricity describes as a ‘threatening and dark e-mail’, the group has taken out a High Court injunction to prevent Tesla from using information it may have gathered during their partnership.

 

Posted by Sue Robinson on 20/06/2014