@Toyota: Toyota Tsusho Accelerates Building of V2G System Fulfilling Requirements of Supply-Demand Adjustment Market

2020-08-11 Toyota Tsusho Corporation (“Toyota Tsusho”) announces that it has entered a virtual power plant (VPP)*1 vehicle to grid (V2G)*2 aggregator demonstration project that harnesses the power of energy storage in batteries of plug-in hybrid vehicles and electric vehicles (“PHEVs/BEVs”). Currently in its third year, the project plans to establish marketization of electricity supply-demand control… Continue reading @Toyota: Toyota Tsusho Accelerates Building of V2G System Fulfilling Requirements of Supply-Demand Adjustment Market

Martinrea International Inc. Reports Second Quarter Results and Declares Dividend

TORONTO, Aug. 10, 2020 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced the release of its financial results for the second quarter ended June 30, 2020 and that it has… Continue reading Martinrea International Inc. Reports Second Quarter Results and Declares Dividend

GM Names John Stapleton Acting CFO

DETROIT, Aug. 11, 2020 /PRNewswire/ — General Motors today announced John Stapleton, GM North America chief financial officer, has been named acting global chief financial officer, effective Aug. 15. The appointment follows the resignation of Dhivya Suryadevara, executive vice president and CFO, who will leave the company for an external opportunity outside the automotive industry. GM… Continue reading GM Names John Stapleton Acting CFO

Ridecell Selected by Toyota Sweden to Launch New Mobility Service

SAN FRANCISCO, Aug. 11, 2020 /PRNewswire/ — Ridecell Inc., the leading platform provider for mobility operators, today announced that KINTO Share, a shared mobility program for Toyota Sweden, has selected the Ridecell High-yield Mobility Platform to run their mobility operations. The Ridecell platform runs all aspects of the service, including customer verification, vehicle lock and… Continue reading Ridecell Selected by Toyota Sweden to Launch New Mobility Service

Veoneer completes divestiture of US brake control business

STOCKHOLM, Aug. 11, 2020 /PRNewswire/ — The automotive technology company, Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), has completed the divestiture of its US brake control business to ZF Friedrichshafen AG. The parties will collaborate on a transition plan for a limited period as part of the divestiture process. On April 23, Veoneer announced… Continue reading Veoneer completes divestiture of US brake control business

cocoa motors. Begins Worldwide Sales of Car in Bag “WALKCAR” from August 11

TOKYO, Aug. 11, 2020 /PRNewswire/ — cocoa motors. Inc. of Tokyo, Japan started the worldwide sale of a vehicle users can carry with them in a bag, dubbed “WALKCAR,” on August 11 on the company’s official website. (Logo1: https://kyodonewsprwire.jp/img/202008042803-O1-M5sklPxu) (Logo2: https://kyodonewsprwire.jp/img/202008042803-O2-v33nEojo) (Photo: https://kyodonewsprwire.jp/release/202008042803?p=images) WALKCAR website: https://en.cocoamotors.com *Press kits can be downloaded from the brand website.… Continue reading cocoa motors. Begins Worldwide Sales of Car in Bag “WALKCAR” from August 11

@BMW: ROLLS-ROYCE REVEALS SIGNIFICANT ENGINEERING ADVANCES DEVELOPED FOR NEW GHOST000473

Third of four animated films offering insight into the substance of new Ghost Reveals highly advanced Planar chassis system with world-first suspension technology New episode of Podcast series exploring new Ghost available now   #rollsroyceghost The first Goodwood Ghost reflected a layer of clients who use their Rolls-Royce in a completely unique way. These men… Continue reading @BMW: ROLLS-ROYCE REVEALS SIGNIFICANT ENGINEERING ADVANCES DEVELOPED FOR NEW GHOST000473

@VW Group: Charging Up the Car Industry

08/10/2020 The battery market for electric vehicles is going from strength to strength. But it is still characterized by a high level of uncertainty with significant swings in demand. LG Chem is managing this volatility at its giant plant in Poland. The electrification of the car industry is pushing demand for batteries steadily upwards, with… Continue reading @VW Group: Charging Up the Car Industry