The CEO of auto supplier BorgWarner told CNBC on Friday the company hopes to have nearly 50% of its revenues be tied to electric vehicles within the next decade. Currently, less than 3% of the Michigan-based firm’s sales are related to EVs. “Our assumption is that 30% of the vehicle will be battery electric in… Continue reading Auto supplier BorgWarner expects EVs to account for almost 50% of revenue by 2030
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Electrify America is helping Jeep set up a charging network at off-road trailheads
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German FAZ: Who is to blame for the chip debacle? 001139
Knowledge has never been more valuable. Access to all F + articles All important background information on current developments Exclusive reports on the corona pandemic and other topics Over 800 F + articles per month Cancel anytime Try it now for 30 days free of charge Now F + and on Sunday reading pleasure with… Continue reading German FAZ: Who is to blame for the chip debacle? 001139
UNO Minda’s new lighting plant to come up in Gujarat, to expand alloy wheel capacity too
The Board of directors of automotive Tier 1 supplier Minda Industries, the flagship company of the UNO Minda Group, have approved expansion plans in its two businesses – four-wheeler lighting and alloy wheels, considering the improved market scenario and increased demand, wherein the said businesses have been operating at near-capacity. As part of the expansion plans,… Continue reading UNO Minda’s new lighting plant to come up in Gujarat, to expand alloy wheel capacity too
Honda’s self-driving car: A smooth ride when all goes right
TOKYO — Level 3 autonomous driving promises to let drivers take their hands off the wheel and their eyes off the road under certain conditions. So how does Honda Motor’s Legend sedan — the first passenger car on the market equipped with this technology — deliver on that promise? To answer that question, a fellow… Continue reading Honda’s self-driving car: A smooth ride when all goes right
Indonesian state companies set up EV battery developer
JAKARTA — Indonesia has an ambitious plan: to establish itself as a major player in the global supply chain for electric vehicles. In five years, the archipelago wants to have an integrated industry encompassing everything from upstream development — mining raw materials for use in EV batteries — to downstream — the manufacturing of batteries… Continue reading Indonesian state companies set up EV battery developer
Collective agreement for the north-west German steel industry: wage increase and job security
Frankfurt am Main – In the wage dispute in the north-west German steel industry, IG Metall North Rhine-Westphalia and the responsible employers’ association reached a negotiation result early Saturday morning: The approximately 70,000 employees in the industry receive more money, which is used in parts and under certain conditions to secure jobs can. Jörg Hofmann,… Continue reading Collective agreement for the north-west German steel industry: wage increase and job security
As Tesla gears up to release ‘Full Self-Driving’ to thousands more drivers, videos continue to show its flaws (TSLA)
Tesla is eyeing next month for a wider release of its “Full Self-Driving” beta software. The system is still buggy and sometimes gets drivers into dangerous situations, videos show. Neither the software nor Tesla’s Autopilot make its cars fully autonomous, despite the company’s marketing. See more stories on Insider’s business page. When Tesla beamed out… Continue reading As Tesla gears up to release ‘Full Self-Driving’ to thousands more drivers, videos continue to show its flaws (TSLA)
China Tech Digest: Zhihu Listed On New York Exchange; Xiaomi Denies Making Cars
Priced at US$9.5, Zhihu will be listed on the New York Stock Exchange Zhihu will be listed on the New York Stock Exchange on March 26th, U.S. time. The stock code is “ZH”. The IPO price is set at US$9.5 per ADS. Zhihu is seeking to raise a total of US$850 million through the IPO… Continue reading China Tech Digest: Zhihu Listed On New York Exchange; Xiaomi Denies Making Cars
Arrival: the Tesla of the bus and the van valued at 13 billion dollars
The fall of Nikola, whose actions tumbled following suspicions of fraud, did not dampen the enthusiasm of investors for electric mobility. Arrival, a British start-up founded by an entrepreneur and former Russian minister, Denis Sverdlov, went public on Thursday in New York via a SPAC (” Special purpose acquisition company “). Its quotation exceeded 13… Continue reading Arrival: the Tesla of the bus and the van valued at 13 billion dollars