UPDATE 2-BorgWarner to spin-off fuel systems, aftermarket units as it sharpens EV focus

(Adds more details) Dec 6 (Reuters) – BorgWarner Inc said on Tuesday it plans to spin-off its fuel systems and aftermarket segments into a separate company, in a bid to sharpen its focus on becoming an electric vehicle (EV) supplier. Shares of BorgWarner, which supplies to car makers including General Motors Co and Ford Motor… Continue reading UPDATE 2-BorgWarner to spin-off fuel systems, aftermarket units as it sharpens EV focus

EV industry faces a ‘red line’ for growth through 2027, analyst says

Wall Street analysts are busy publishing their 2023 lookahead pieces, and Cowen analyst Jeff Osborne is out with the big one — the firm’s Future of Mobility report. Osborne has partnered with 16 other analysts at the firm to map out what’s next in the nearly 500-page report, from electrification, to government regulation, to infrastructure,… Continue reading EV industry faces a ‘red line’ for growth through 2027, analyst says

EV industry faces a ‘red line’ for growth through 2027, analyst says

Wall Street analysts are busy publishing their 2023 lookahead pieces, and Cowen analyst Jeff Osborne is out with the big one — the firm’s Future of Mobility report. Osborne has partnered with 16 other analysts at the firm to map out what’s next in the nearly 500-page report, from electrification, to government regulation, to infrastructure,… Continue reading EV industry faces a ‘red line’ for growth through 2027, analyst says

Total number of voting rights and shares forming the share capital

FAURECIA Nanterre, 6 December 2022 Total number of voting rights and shares forming the share capital (Article L.233-8 II of the French Commercial Code and Article 223-16 of the General Regulation of the French Financial Markets Authority) __________________ Trading place: Euronext Paris Compartment: A ISIN code: FR0000121147 LEI code: 969500F0VMZLK2IULV85 Date Number of shares Total… Continue reading Total number of voting rights and shares forming the share capital

GWM Deepens Its Global New Energy Strategy

BAODING, China, Dec. 6, 2022 /PRNewswire/ — On December 2, GWM successfully held the 2022 Overseas Conference in Thailand. More than 200 distributors from over 50 countries and regions around the world discussed the development strategy and planning of GWM’s new energy. GWM Deepens Its Global New Energy Strategy (PRNewsfoto/GWM) GWM has a complete industry… Continue reading GWM Deepens Its Global New Energy Strategy

GWM Holds 2022 Overseas Conference, Revealing Latest Global Strategy

BAODING, China, Dec. 3, 2022 /PRNewswire/ — On December 2, GWM held its 2022 overseas conference titled ONE GWM • LIGHT THE WORLD in Bangkok, Thailand. GWM revealed the global brand building and product layout, and further clarified its brand strategy. GWM Holds 2022 Overseas Conference, Revealing Latest Global Strategy (PRNewsfoto/GWM) Over 200 distributors from more… Continue reading GWM Holds 2022 Overseas Conference, Revealing Latest Global Strategy

Leading Electric Vehicle Market, GWM Presents Various NEVs in Thailand

BAODING, China, Nov. 30, 2022 /PRNewswire/ — GWM, as the “Global Intelligent Technology Company”, brings a fleet of cutting-edge electric vehicles to the 39th Thailand International Motor Expo 2022. Leading Electric Vehicle Market, GWM Presents Various NEVs in Thailand (PRNewsfoto/GWM) The company is showing a sleeker ORA Grande Cat, New HAVAL H6 Hybrid SUV, the… Continue reading Leading Electric Vehicle Market, GWM Presents Various NEVs in Thailand

EV Roundup: November Deliveries of NIO, LI & XPEV Grab Limelight

Last week, China-based electric vehicle (EV) stars NIO Inc. NIO, Li Auto LI and XPeng Inc. XPEV announced their delivery updates for November. While NIO and Li Auto hit monthly-record deliveries, XPeng witnessed a sharp fall in deliveries on a yearly basis. XPeng also released its third-quarter results, with losses wider than the year-ago period. The forecast for the fourth quarter… Continue reading EV Roundup: November Deliveries of NIO, LI & XPEV Grab Limelight

Why Nio Shares Reversed a Monday Morning Pop

Reuters Meta Oversight Board calls for overhaul of controversial ‘cross-check’ system for VIPs Meta Platforms’ Oversight Board recommended on Tuesday that the company revamp its system exempting high-profile users from its rules, saying the practice privileged the powerful and allowed business interests to influence content decisions. The arrangement, called cross-check, adds a layer of enforcement… Continue reading Why Nio Shares Reversed a Monday Morning Pop

Hyundai Mobis to Unveil New Technologies for Purpose-built Mobility at CES 2023

Hyundai Mobis will share future purpose-built vehicle (PBV) concept models at CES 2023, in addition to 19 newly-developed, mobility technologies New swivel display technology and concept rear suspension technology honored with the CES 2023 Innovation Award The company will host a press event on the future direction of business and its carbon neutral initiatives  … Continue reading Hyundai Mobis to Unveil New Technologies for Purpose-built Mobility at CES 2023