Category: News Type

New area of business: Bosch to develop components for hydrogen electrolysis

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 New area of business: Bosch to develop components for hydrogen electrolysis

Porsche joins $400M bet on lithium-silicon batteries to juice up future EVs

Porsche has read the room. With its first electric vehicle now outselling the quintessential 911 sports car, the German automaker is responding by upping its bet on EVs, in part via a hefty investment in lithium-silicon battery developer Group14 Technologies. Porsche injected $100 million into Group14 as part of a larger $400 million Series C… Continue reading Porsche joins $400M bet on lithium-silicon batteries to juice up future EVs

Aston Martin CEO to step down, be replaced by ex-Ferrari chief

Aston Martin Lagonda Global Holdings is turning to a veteran executive who left the helm of Ferrari six years ago to turn around the British luxury-car maker. Aston Martin named current board member Amedeo Felisa as chief executive officer to replace German manager Tobias Moers, who struggled with a slower-than-expected ramp-up of the 2.4 million-pound… Continue reading Aston Martin CEO to step down, be replaced by ex-Ferrari chief

Uber: Uber Announces Date of First Quarter 2022 Results Conference Call

SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) will hold its quarterly conference call to discuss its first quarter 2022 financial results on Wednesday, May 4, 2022 at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). A live webcast of the conference call and earnings release materials can be found on Uber’s Investor Relations website at… Continue reading Uber: Uber Announces Date of First Quarter 2022 Results Conference Call

iVendi advises dealers to “maximise” online presence as used market slows

A five point plan to help dealers maximise the effectiveness of their online presence has been issued by iVendi. This comes as the used car market finally starts to lose growth momentum. Darren Sinclair, CCO, said that while the sector remained quite buoyant, the market peak had now probably been passed, caused by factors such… Continue reading iVendi advises dealers to “maximise” online presence as used market slows

German FAZ: Bosch complains about car manufacturers003229

The world’s largest auto parts supplier is following up on the conflict with automakers. Bosch will have to pass on the “significantly increased raw material, semiconductor and logistics costs to its customers,” said Markus Heyn, head of the auto division, on Wednesday. The price for flat and round steel has tripled since 2020, said CFO… Continue reading German FAZ: Bosch complains about car manufacturers003229

@Fisker: Fisker Inc. Announces First Quarter 2022 Financial Results000077

LOS ANGELES–(BUSINESS WIRE)– #EVs–Fisker Inc. (NYSE: FSR) (“Fisker”) — passionate creator of the world’s most sustainable electric vehicles and advanced mobility solutions — today announced its financial results for the first quarter ended March 31, 2022. “We continued to make rapid progress in Q1 toward on-schedule Fisker Ocean start of production on November 17, 2022.… Continue reading @Fisker: Fisker Inc. Announces First Quarter 2022 Financial Results000077