Category: News Type

LG Chem expects its EV battery revenue for 2020 to drop 10%-15% vs previous forecast

SEOUL (Reuters) – South Korean battery maker LG Chem Ltd (051910.KS) said on Tuesday it expects its electric vehicle (EV) battery revenue to drop by 10% to 15% this year, compared to its previous target of 15 trillion won ($12.25 billion). Reporting by Heekyong Yang and Hyunjoo Jin; Editing by Shri Navaratnam Go to Source

CATL’s LFP CTP Batteries Coming To European EVs In 2020

With New Partners, CATL Strengthens Commitment to Commercial Vehicle Electrification in Europe NINGDE, China, April 27, 2020 /PRNewswire/ — Reacting to the growing trend towards e-mobility, Contemporary Amperex Technology Co. Limited (CATL) (300750.SZ), the global leading EV battery manufacturer, is expanding partnerships with VDL Bus & Coach B.V. and Quantron AG to optimize local product… Continue reading CATL’s LFP CTP Batteries Coming To European EVs In 2020

GM, Ford and Fiat Chrysler target May 18 U.S. restart date: WSJ

FILE PHOTO: The corporate logo of Ford is seen at Brussels Motor Show, Belgium January 9, 2020. REUTERS/Francois Lenoir (Reuters) – General Motors Co (GM.N), Ford Motor Co (F.N) and Fiat Chrysler Automobiles NV (FCAU.N) are targeting May 18 to resume some production at their U.S. factories after shutting down plants in March due to… Continue reading GM, Ford and Fiat Chrysler target May 18 U.S. restart date: WSJ

@GM: General Motors Takes Additional Steps to Fortify Balance Sheet DETROIT , April 27, 2020 /PRNewswire/ —  General Motors Co. (NYSE:GM) has extended …

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@GM: General Motors Takes Additional Steps to Fortify Balance Sheet

General Motors Takes Additional Steps to Fortify Balance Sheet 2020-04-27 DETROIT – General Motors Co. (NYSE:GM) has extended $3.6 billion under its three-year revolving credit agreement to April 2022, to further strengthen its liquidity position. This complements the extension of the $2 billion 364-day revolving credit agreement to April 2021 that GM and GM Financial… Continue reading @GM: General Motors Takes Additional Steps to Fortify Balance Sheet

New Datsun redi-GO teased, launch soon

Nissan is all set to introduce the new Datsun redi-GO in India.Before the 2020 Datsun redi-GO is launched, the automobile manufacturer has released a couple of teaser images of the entry-level hatchback giving us a hint of its rather ‘bold’ exterior.The new Datsun redi-GO price might hover in the range.

Tesla delays return of Fremont factory workers amid shutdown extension

Tesla is delaying the return of its Fremont factory workers as it is going to extend its factory shutdown due to an extension of the shelter-in-place order in the Bay Area. Last weekend, there were reports of Tesla calling some Fremont employees back to work ahead of reopening the plant. Fremont, Tesla’s main factory, has… Continue reading Tesla delays return of Fremont factory workers amid shutdown extension

FCA helps dealers maintain links with customers

Fiat Chrysler Automobiles UK (FCA UK) has launched a video conferencing system to allow its retailers to maintain an essential link with customers and prospects. The CAR@HOME system allows retailers to help customers configure their car, send in videos and images for a trade-in evaluation and even send through finance offers. From next week FCA… Continue reading FCA helps dealers maintain links with customers