Category: News Type

RaySearch Laboratories: Interim report April 1 – June 30, 2022

STOCKHOLM, Aug. 29, 2022 /PRNewswire/ —  SECOND QUARTER (APRIL-JUNE 2022) Order intake SEK 212.5 M (189,8) Net sales SEK 160.2 M (154.6) Operating loss SEK 19.5 M (-22.5) Loss after tax SEK 19.7 M (-16.5) Loss per share before/after dilution SEK -0.58 (-0.48) Cash flow SEK 16.7 M (-74.4) Order backlog SEK 1,540.3 M (1,221.2)… Continue reading RaySearch Laboratories: Interim report April 1 – June 30, 2022

CATL firma un acuerdo con SERES para suministrar baterías Qilin para los nuevos modelos AITO

– CATL firma un acuerdo de cooperación estratégica de cinco años con SERES, según el cual suministrará baterías Qilin para los nuevos modelos AITO NINGDE, China, 29 de agosto, 2022 /PRNewswire/ — El 27 de agosto, CATL y SERES anunciaron conjuntamente que las baterías Qilin alimentarán los nuevos modelos AITO. Las dos partes han firmado… Continue reading CATL firma un acuerdo con SERES para suministrar baterías Qilin para los nuevos modelos AITO

Haryana has become an automobile hub, says CM Khattar

Haryana CM Manohar Lal Khattar (file photo) Chandigarh: Haryana Chief Minister Manohar Lal Khattar on Sunday said the state has become an automobile hub, as he recalled leading automaker Suzuki’s journey in India beginning from Gurugram four decades ago. He said Maruti Suzuki’s third plant in Haryana, being set up in Kharkhoda in Sonipat, will… Continue reading Haryana has become an automobile hub, says CM Khattar

Electric vehicles bringing ‘silent revolution’ in India, says PM Modi

Indian Prime Minister Narendra Modi, left and Suzuki Motor Corp Chairman Osamu Suzuki wave during an event to mark 40 years of Suzuki’s partnership with Maruti in India, Gandhinagar, India, Sunday, Aug. 28, 2022. (AP Photo/Ajit Solanki) NEW DELHI: Prime Minister Narendra Modi on Sunday said that electric vehicles are bringing a ‘silent revolution’ in… Continue reading Electric vehicles bringing ‘silent revolution’ in India, says PM Modi

Chinese automotive market: Growth opportunity or competitive threat?

Like an electric car with its pedal to the floor, the Chinese automotive industry has taken off. However, Chinese-made automobiles are still viewed by many western consumers with a certain stigma of inferiority. But in the immortal words of Bob Dylan: ‘the times they are a changing’. It wasn’t long ago that no matter what… Continue reading Chinese automotive market: Growth opportunity or competitive threat?

With ALJ on board, Greaves Electric set to go flat out 

It was a little over two months ago when Jeddah-based Abdul Latif Jameel (ALJ) invested $150 million for a 35 percent stake in Greaves Electric Mobility. It will invest an additional $70 million going forward as part of a total commitment of $220 million in this electric arm of Greaves Cotton. The money will be… Continue reading With ALJ on board, Greaves Electric set to go flat out 

Suzuki Motor Corp to establish global R&D centre in India

Suzuki Motor Corporation (SMC) will set up a global research and development company in India which will be a wholly-owned unit of the Japanese company, its president, Toshihiro Suzuki, said at an event in Gandhinagar where the foundation stone for a battery making unit at Hansalpur and a vehicle manufacturing facility in Kharkhoda, Haryana, was… Continue reading Suzuki Motor Corp to establish global R&D centre in India

@BMW: BMW M Team RLL Finishes Fifth in GTD PRO at VIRginia International Raceway. Paul Miller Racing P3, Turner Motorsport P7 in GTD.002217

Woodcliff Lake, N.J. – Aug. 28, 2022 . . . The No. 25 BMW M Team RLL BMW M4 GT3 finished fifth in the GTD PRO class in today’s two-hour-and-forty-minute Michelin GT Challenge at VIR, the result not indicative of the team displaying a much more competitive day than shown in the last few rounds… Continue reading @BMW: BMW M Team RLL Finishes Fifth in GTD PRO at VIRginia International Raceway. Paul Miller Racing P3, Turner Motorsport P7 in GTD.002217