Category: News Type

Taiwanese electronics giant Foxconn looks at manufacturing EVs in India

FILE PHOTO: People wear masks to protect themselves from the coronavirus disease (COVID-19) while listening to the annual general meeting at the lobby of Foxconn’s office in Taipei, Taiwan, June 23, 2020. REUTERS/Ann Wang Taiwanese electronics giant Foxconn is looking at making electric vehicles in India, part of a larger diversification plan to expand its… Continue reading Taiwanese electronics giant Foxconn looks at manufacturing EVs in India

New Ford Kuga facelift spotted ahead of 2023 launch

Ford is revamping its range, with the Fiesta and Focus receiving recent mid-life revisions, it’s now the turn of the Kuga. The third-generation Kuga has been with us since 2019 and these images show us what the upcoming facelifted model will look like.  Straight away we can see the new Kuga will adhere closely to… Continue reading New Ford Kuga facelift spotted ahead of 2023 launch

Supercar makers start to go electric

For many years, Luciano Colosio’s garage was governed by an iron rule: all cars must have 12 cylinders. A McLaren F1, a $2.6mn Pagani, a Bugatti Veyron, two Aston Martin One-77s with hand-built Cosworth engines and, of course, a steady parade of Ferraris, all passed through his collection. Not any more. At the age of… Continue reading Supercar makers start to go electric

@XPeng: XPENG Reaches 200,000th Delivery Milestone000075

GUANGZHOU, China–(BUSINESS WIRE)–XPENG announced this week that it has reached a milestone of 200,000 cumulative smart EV deliveries. XPENG rolled out its very first production model in December 2018. In September 2021, the company became the first emerging Chinese EV brand to achieve 10,000 monthly deliveries. A month later, XPENG reached 100,000 total deliveries. In… Continue reading @XPeng: XPENG Reaches 200,000th Delivery Milestone000075

Ford Motor Company loses a top digital executive, company liaison to ‘nervous’ car dealers

Ford Motor Company notified its employees Tuesday that Matt VanDyke, an executive at the automaker for 14 years, leaves this week to become president of a digital company with clients in Europe and throughout North America. VanDyke, 49, told his team that his last day at Ford would be Friday.  He departs as CEO of FordDirect after being named to the position in January… Continue reading Ford Motor Company loses a top digital executive, company liaison to ‘nervous’ car dealers

Robert Bosch Venture Capital leads Scintils’ 13.5 million euro second financing round

Robert Bosch Venture Capital GmbH (RBVC) is the corporate venture capital company of the Bosch Group, a leading global supplier of technology and services. RBVC invests worldwide in innovative start-up companies at all stages of their development. Its investment activities focus on technology companies working in areas of business of current and future relevance for… Continue reading Robert Bosch Venture Capital leads Scintils’ 13.5 million euro second financing round

Bosch plans acquisition of the MoTeC Group

Mobility Solutions is the largest Bosch Group business sector. It generated sales of 45.3 billion euros in 2021, and thus contributed 58 percent of total sales from operations. This makes the Bosch Group one of the leading automotive suppliers. The Mobility Solutions business sector pursues a vision of mobility that is safe, sustainable, and exciting,… Continue reading Bosch plans acquisition of the MoTeC Group