Category: Official Press Release

Honda accelerates its ‘Electric Vision’ strategy with new 2022 ambition

Accelerated ‘Electric Vision’ strategy will see all Honda’s European mainstream models electrified by 2022, three years earlier than previously planned New global ‘e:Technology’ branding revealed for all future electrified products in automobile, motorcycle and power product ranges. Six electrifed cars to be launched over the next 36 months Forthcoming Honda e and hybrid-only Jazz are… Continue reading Honda accelerates its ‘Electric Vision’ strategy with new 2022 ambition

EVgo Announces 40% Growth in Its California Fast Charging Network

“EVgo is enabling electric for all by building our fast charging stations in the places where EV drivers live, work and shop,” said Cathy Zoi, EVgo’s CEO. “EVgo’s California network will grow by 40% this year, and today, 80% of California EV drivers live within a 15-minute drive of one of 300 EVgo reliable and convenient fast… Continue reading EVgo Announces 40% Growth in Its California Fast Charging Network

Groupe PSA: Q3 2019 Group revenue growth

RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG) revenue amounted to €15,579 million in Q3 2019 compared to €15,428 million in Q3 2018. Automotive division revenue amounted to €11,824 million up by 0.1% compared to Q3 2018. A strong product mix (+4.4%) as well as positive price conditions (+1.0%) more than offset the decrease of sales… Continue reading Groupe PSA: Q3 2019 Group revenue growth

Groupe PSA Q3 2019 Results

Q3 2019 Group revenue growth Group Q3 revenue up 1% at €15.6 billion; Automotive division[1] revenue up 0.1% at €11.8 billion; New growth of market share in Europe : +0.1 pt[2] Groupe PSA revenue amounted to €15,579 million in Q3 2019 compared to €15,428 million in Q3 2018. Automotive division revenue amounted to €11,824 million… Continue reading Groupe PSA Q3 2019 Results

All-new Jazz leads electrification charge for Honda

Next generation of iconic Jazz features two-motor hybrid technology as standard “e:HEV” hybrid technology delivers outstanding refinement and efficiency All-new Jazz first to feature “e:Technology” branding that will spread to all of Honda’s future electrified products Addition of new ‘Crosstar’ variant Advanced connectivity provides an intuitive user interface and wireless smartphone mirroring capability Class-leading space… Continue reading All-new Jazz leads electrification charge for Honda

Hyundai Mobis Invests in and Forms Partnership with Velodyne Lidar

SEOUL, South Korea–(BUSINESS WIRE)–Hyundai Mobis (KRX:012330) is joining hands with ‘Velodyne Lidar’, world leading lidar company, for mass-producing level 3 autonomous driving lidar system. Hyundai Mobis will also invest $50 million in Velodyne, creating invaluable synergy between the two companies to reinforce business cooperation in Lidar commercialization. The two companies will collaborate on new lidar… Continue reading Hyundai Mobis Invests in and Forms Partnership with Velodyne Lidar