Category: Official Press Release

China’s EV startup denies laying off 90 employees in Silicon Valley

China’s electric vehicle (EV) startup Seres, formerly known as SF Motors, on Tuesday denied it has fired 90 employees at its Silicon Valley office, saying only 47 jobs were cut across the United States.The SF5 model, first unveiled in Silicon Valley in March 2018, is a small SUV boasting as much as 684 horsepower with 300 miles (about 480 km) of range, equipped with advanced intelligent EV technologies.Seres is the EV unit of China’s Chongqing Sokon Industry Group (Sokon), whose U.S. headquarters is in Santa Clara, Silicon Valley.

GROUPE RENAULT AND JMCG OFFICIALLY ESTABLISH A JOINT VENTURE FOR ELECTRIC VEHICLES IN CHINA

•             Groupe Renault will increase its share capital by RMB 1 billion to become a major shareholder of JMEV with a 50% stake.   Boulogne-Billancourt, July 17, 2019 – Groupe Renault and Jiangling Motors Corporation Group (JMCG) announced the official establishment of their joint venture to further promote the development of the EV industry in… Continue reading GROUPE RENAULT AND JMCG OFFICIALLY ESTABLISH A JOINT VENTURE FOR ELECTRIC VEHICLES IN CHINA

Press: Paradigm Shift for Electromobility: ZF Presents New Electric 2-Speed Drive for Passenger Cars

World premiere: first 2-speed e-drive from ZF Integrated system improves energy conversion efficiency and extends range Modular approach: drive concept can be scaled up for use in performance vehicles Friedrichshafen. ZF shifts up a gear: its new 2-speed electric drive for passenger cars integrates an advanced electric motor with a shift element and appropriate power… Continue reading Press: Paradigm Shift for Electromobility: ZF Presents New Electric 2-Speed Drive for Passenger Cars

The all-new BMW 1 Series – Additional pictures.

Do you need help? Please contact our support team from 9 to 17 CET via support.pressclub@bmwgroup.com. PressClub Global · Article. Wed Jul 17 00:01:00 CEST 2019 Press Release Please find attached on location pictures of the International Media Launch of the all-new BMW 1 Series. Please find attached on location pictures of the International Media… Continue reading The all-new BMW 1 Series – Additional pictures.

SAIC General Motors Is Sticking With Low-Emission, but Unpopular Engine

One of China’s top carmakers said it will continue to equip its vehicles with a type of engine that emits less pollution, even though it has been a drag on sales, as China has ramped up efforts to improve the fuel efficiency of gas guzzlers.The standards aim to cut polluting emissions from new vehicles by about half of the previous threshold.In June, China’s car sales rose 4.9% year-on-year to 1.8 million, the first sales increase since May 2018.

UAW and FCA Open 2019 Contract Talks

July 16, 2019 , Auburn Hills, Mich. – UAW President Gary Jones (left) and FCA Chief Operating Officer Mark Stewart opened 2019 contract talks with a ceremonial hand shake during an event today at the Company’s Auburn Hills complex with members of both organization’s leadership teams in attendance. In his remarks, Stewart talked about the need… Continue reading UAW and FCA Open 2019 Contract Talks

Hubject and IoTecha partner to jumpstart smart EV charging systems including Plug&Charge

LOS ANGELES, CALIF. (July 16, 2019) — Hubject, a globally recognized leader in simplifying electric vehicle charging with eRoaming and innovative infrastructure technology and processes, today announced its partnership with IoTecha, a company specializing in providing software and hardware solutions to support EV charging infrastructure. Together, the two companies will simplify the implementation and deployment… Continue reading Hubject and IoTecha partner to jumpstart smart EV charging systems including Plug&Charge