Chinese battery giant CATL has launched a radical new type of cell with an energy density of 500Wh per 1kg, which could enable electric cars to use far lighter batteries and offer longer ranges. It represents a significant advance in battery technology: the Panasonic 2170 cells used in the Tesla Model 3 are widely reported… Continue reading New ultra-dense CATL batteries weigh just 2kg per kWh
Category: Automotive
Watch: Hot new Range Rover Sport SV confirmed for 31 May
As with all Land Rover models, the new Range Rover Sport is an evolution of the outgoing model in appearance, keeping its short overhangs and steeply raked windows at the front and back. It has a 75mm-longer wheelbase than previously to improve rear leg room. Chief exterior designer Dominic Najafi highlighted three fundamental elements to… Continue reading Watch: Hot new Range Rover Sport SV confirmed for 31 May
The company bringing China’s digital bling to Europe’s dashboards
The Chinese car buyer is well known for valuing digital experience above pretty much all others. So it makes sense that a company with a background of fulfilling their need for flashy graphics, multiple apps and smartphone integration should come knocking on the doors of Western car makers. This is the plan of Ecarx, a technology… Continue reading The company bringing China’s digital bling to Europe’s dashboards
Arcfox Kaola supports parents with baby-focused gadgets
The new Arcfox Kaola compact electric crossover from Chinese giant BAIC’s premium brand is claimed to be the first car developed with a specific focus on parents with young children. The new machine represents a significant departure for the brand, which has previously released the Arcfox 7 supercar and currently offers the performance-honed Alpha S… Continue reading Arcfox Kaola supports parents with baby-focused gadgets
Together for better: CATL shines at Auto Shanghai with carbon neutral ambition and advanced technologies
SHANGHAI, April 21, 2023 /PRNewswire/ — On April 18, CATL made its first appearance with cutting-edge technologies and all-scenario solutions at the 20th Shanghai International Automobile Industry Exhibition (Auto Shanghai). It unveiled its carbon neutral plan and condensed batteries, and announced the cooperation with OEMs on new products including 4C fast charging Qilin battery and sodium-ion… Continue reading Together for better: CATL shines at Auto Shanghai with carbon neutral ambition and advanced technologies
BorgWarner Engineering Director Named Recipient of 2023 Women MAKE Award
Women MAKE Awards recognize women in science, technology, engineering and production careers who exemplify leadership within their companies Carol Cai is the seventh consecutive BorgWarner leader to receive this award Recipients were honored at an awards gala on April 20 in Washington, D.C. AUBURN HILLS, Mich., April 21, 2023 /PRNewswire/ — BorgWarner’s Carol Cai, Engineering Director,… Continue reading BorgWarner Engineering Director Named Recipient of 2023 Women MAKE Award
Autoliv: Financial Report January – March 2023
STOCKHOLM, April 21, 2023 /PRNewswire/ — (NYSE: ALV) and (SSE: ALIV.sdb) Q1 2023: Strong sales growth Financial highlights Q1 2023$2,493 million net sales 17% net sales increase21% organic sales increase*5.1% operating margin5.3% adjusted operating margin*$0.86 EPS – 9% decrease$0.90 adjusted EPS* – 99% increase Full year 2023 indicationsAround 15% organic sales growthAround 1% negative FX effect on net salesAround 8.5%-9.0% adjusted operating… Continue reading Autoliv: Financial Report January – March 2023
Autoliv, Inc. (ALV) Q1 Earnings and Revenues Top Estimates
Autoliv, Inc. (ALV) came out with quarterly earnings of $0.90 per share, beating the Zacks Consensus Estimate of $0.87 per share. This compares to earnings of $0.45 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 3.45%. A quarter ago, it was expected that… Continue reading Autoliv, Inc. (ALV) Q1 Earnings and Revenues Top Estimates
UPDATE 3-Autoliv sticks to forecasts despite quarterly profit lagging estimates
(Add CEO and analyst comments) STOCKHOLM, April 21 (Reuters) – Sweden’s Autoliv , the world’s largest maker of airbags and seatbelts, reported slightly weaker than expected growth in its first-quarter core earnings on Thursday whilst it maintained its full-year outlook. Adjusted operating profit came to $131 million for the January-March quarter, up from $68 million… Continue reading UPDATE 3-Autoliv sticks to forecasts despite quarterly profit lagging estimates
German Handelsblatt: Electromobility: This is how Mercedes, VW and Co. want to turn their lame e-car business in China006769
These are sobering numbers. Mercedes-Benz has only been able to sell 4599 vehicles of its two fully electric top-of-the-range sedans EQS and EQE in China since the market launch. This emerges from data from the automotive service provider Marklines. The people of Stuttgart had hoped for a multiple of that. But potential customers complain about… Continue reading German Handelsblatt: Electromobility: This is how Mercedes, VW and Co. want to turn their lame e-car business in China006769