BMW AG BAMXF recently confirmed plans to create up to 6,000 new jobs next year to cater to the raging demand for electric vehicles (EVs).The automaker, which currently employs about 120,000 people, is ending its phase of job cuts after trimming about 6,000 jobs since 2020. The new positions will be created primarily in Germany.… Continue reading BMW (BAMXF) to Fuel EV Production Via 6,000 Fresh Positions
Category: Automotive
Goodyear renews title sponsorship of Cotton Bowl college football game
Goodyear Tire & Rubber Co. has renewed its title sponsorship of the Cotton Bowl through a multiyear agreement. The 86th Goodyear Cotton Bowl Classic will host the college football semifinal game between Alabama and Cincinnati on Dec. 31 in Arlington, Texas. With the agreement, the Cotton Bowl also will host a semifinal game in 2024,… Continue reading Goodyear renews title sponsorship of Cotton Bowl college football game
Magna claims its new e-powertrain increases EV range by 145km
Magna’s EtelligentReach maximizes range and performance, comes to market on a new vehicle in 2022 Magna’s all-electric connected powertrain, the EtelligentReach, is set to debut on a new entrant vehicle in 2022. The complete system is comprised of two electric motors, inverters and gearboxes, and leverages advanced software to maximise vehicle range and driving dynamics. The… Continue reading Magna claims its new e-powertrain increases EV range by 145km
Turkey’s Togg to reveal new mobility solution at CES
Togg, Turkey’s first home-grown automotive brand, is to debut a high-concept, forward-thinking mobility solution at CES 2022 that brings together advanced electric, autonomous and connected technologies within one design sphere. Togg says it “will use CES 2022 to not only showcase its forward-thinking technologies and concepts but also announce its arrival on the world stage… Continue reading Turkey’s Togg to reveal new mobility solution at CES
Transport Ministry to allow triple-deck trailers for two-wheeler shipments
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Omega Seiki to set up CoE and R&D centre for EVs
Omega Seiki Mobility (OSM) and Indira Gandhi Delhi Technical University for Women (IGDTUW), a leading premier educational institution have signed a Memorandum of Understanding primarily aimed for developing and setting up a state-of-art testing lab; equipment and electric vehicle battery charging station in the IGDTUW premise to carry out various research and consultancy work. Under the alliance,… Continue reading Omega Seiki to set up CoE and R&D centre for EVs
Korea’s Hutech Industry to showcase in-vehicle massaging chair at CES
South Korea’s Hutech Industry, a healthcare company, is targeting the mobility market using technology of the ‘sonic vibration massage system’ installed in its massage chair that will be showcased at CES 2022. One of the company’s core technologies, the ‘Sonic Wave Massage System’ is Hutech’s massage technology that applies a sonic vibration magnetic circuit to… Continue reading Korea’s Hutech Industry to showcase in-vehicle massaging chair at CES
The Zacks Analyst Blog Highlights: Apple, Abbott Laboratories, Infosys, General Motors and NIO
For Immediate Release Chicago, IL – December 30, 2021 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Apple Inc. AAPL, Abbott Laboratories ABT, Infosys Limited… Continue reading The Zacks Analyst Blog Highlights: Apple, Abbott Laboratories, Infosys, General Motors and NIO
Why Nio, Nikola, and Kandi Technologies Stocks Dropped Today
Motley Fool Why Kandi Technologies Stock Popped 10% Today Shares of Kandi Technologies (NASDAQ: KNDI) jumped 10.5% as of noon ET Tuesday after the Chinese electric car parts-maker announced that it has reached the stage of “successful mass production” of its new rechargeable battery for electric cars and trucks. As Kandi explained in its press… Continue reading Why Nio, Nikola, and Kandi Technologies Stocks Dropped Today
Why Tesla stock may be headed to $1,800: analyst
Tesla’s stock (TSLA) has a clear shot to more fertile grounds, contends long-time bullish analyst Dan Ives at Wedbush. “Demand for China is the linchpin. As capacity builds in Berlin and Austin, that’s what I think sends Tesla’s stock to $1,400 as our base case. Our bull case is $1,800,” Ives said on Yahoo Finance… Continue reading Why Tesla stock may be headed to $1,800: analyst