Category: News Type

@Toyota: Toyota Moves Closer to Zero Emission Heavy-duty Fuel Cell Electric Truck Production

Toyota’s next generation fuel cell electric technology is powering a new fleet of heavy-duty trucks. The pre-production prototypes use the same fuel cell system as the forthcoming new Toyota Mirai saloon and are being prepared for testing on short-distance freight haulage (drayage) routes in the Ports of Los Angeles and Long Beach in California. The… Continue reading @Toyota: Toyota Moves Closer to Zero Emission Heavy-duty Fuel Cell Electric Truck Production

Toyota Making Electric Car With “Game-Changing” Solid State Battery

Solid State Japanese carmaker Toyota is set to unveil what the media is calling a “game-changing” solid state battery as soon as next year, Japanese financial newspaper Nikkei reports. Such tech could allow electric cars of the future to drive over 300 miles on one charge and completely recharge in just ten minutes. Toyota, currently… Continue reading Toyota Making Electric Car With “Game-Changing” Solid State Battery

@FCA: 2021 Jeep® Wrangler 4xe Joins Toledo Assembly Family

December 11, 2020 , Auburn Hills, Mich. – FCA’s Toledo Assembly Complex this week launched production of the innovative 2021 Jeep® Wrangler 4xe plug-in hybrid. The most technologically advanced Wrangler ever delivers zero-emission open air driving on- and off-road, with up to 25 miles of electric-only range and nearly 400 miles of total range. Assembly of… Continue reading @FCA: 2021 Jeep® Wrangler 4xe Joins Toledo Assembly Family

Blockchain to help automakers tame tangled chip supplies

TOKYO — Ford Motor was once the model of a vertically integrated company, handling everything from growing timber to assembly finished vehicles in Michigan. Fast forward 100 years and the current auto industry is completely different — dependent on supply chains that sprawl across the planet and myriad industries.  But as supply chains become more complex, so has their… Continue reading Blockchain to help automakers tame tangled chip supplies

Chief Executive Officer Louis Camilleri Retires for Personal Reasons; Executive Chairman John Elkann acting Chief Executive Officer

Maranello (Italy), 10 December 2020 – Ferrari N.V. (NYSE/MTA: RACE) (”Ferrari” or “the Company”) announces that Mr. Louis Camilleri communicated today to the Company his decision, for personal reasons, to retire with immediate effect from his role as the Company’s Chief Executive Officer and as member of the Board of Directors.Ferrari’s Executive Chairman, John Elkann,… Continue reading Chief Executive Officer Louis Camilleri Retires for Personal Reasons; Executive Chairman John Elkann acting Chief Executive Officer

World NM: A wild feud between VW and one of its suppliers led to a ‘spy hunt’, an apparent suicide, and now a $500 million lawsuit000603

Volkswagen’s legal department has been fighting one fire after another: For years, lawyers at the global corporation have been fighting waves of lawsuits from customers and investors as a result of the Dieselgate scandal. Lear and Adient are “Tier 1” suppliers, the largest in their industry, whereas Prevent was a “Tier 2” supplier in the… Continue reading World NM: A wild feud between VW and one of its suppliers led to a ‘spy hunt’, an apparent suicide, and now a $500 million lawsuit000603

New Lynk&Co Zero electric coupe-SUV begin testing

The new Lynk&Co Zero, an electric coupé-SUV built on a new dedicated EV architecture set to underpin future Volvo models, has completed its first dynamic testing in China, ahead of going on sale in the country next year. The Volkswagen ID 4 rival will be the first electric model from Geely’s Chinese premium brand, which… Continue reading New Lynk&Co Zero electric coupe-SUV begin testing

Ferrari CEO Louis Camilleri retires for ‘personal reasons’

Ferrari CEO Louis Camilleri has stepped down from his position with immediate effect. Confirmed by Maranello overnight, Camilleri has departed from his CEO role and board member position, with chairman John Elkann stepping into the former role on an interim basis. He’s also charged with finding a successor. Camilleri took over in mid-2018, shortly after former CEO Sergio Marchionne died from… Continue reading Ferrari CEO Louis Camilleri retires for ‘personal reasons’

Israel’s Innoviz goes public in $1.4 billion SPAC pact

Israel-based Innoviz Technologies, a leading player in high-performance, solid-state LiDAR sensors and perception software has entered into a definitive agreement to merge with Collective Growth Corporation in a transaction sponsored by Antara Capital and Perception Capital Partners. The transaction is supported by a $200 million (Rs 1,480 crore) fully committed common stock PIPE led by… Continue reading Israel’s Innoviz goes public in $1.4 billion SPAC pact