XUZHOU, China, April 20, 2023 /PRNewswire/ — XCMG Machinery (“XCMG”, SHE:000425), a leading Chinese construction equipment manufacturer, has released three new mining machinery products, including the XE690DK mining excavator, XDR80TE-AT autonomous electric dump truck, and XDE240 mining dump truck, which will better support global mining operations and infrastructure construction projects. Continue Reading The unmanned XDR80TE-AT electric… Continue reading XCMG Machinery Releases New Mining Equipment Products, Expanding Application Scope to Cover Full Cycle of Mining Operations
Category: Automotive
Volvo Group – the first quarter 2023
GOTHENBURG, Sweden, April 20, 2023 /PRNewswire/ — “During Q1 2023, the Volvo Group’s growth continued and our profitability took a step up. Sales increased in all business areas and in all regions. Net sales rose by 25% to SEK 131.4 billion, the highest so far for a first quarter. We increased the adjusted operating income… Continue reading Volvo Group – the first quarter 2023
German Handelsblatt: Electric mobility: software, margin, price: these are the problems of the new VW ID.7006745
Premiere of the ID.7 in Berlin With the new model, the group wants to score internationally. (Photo: Reuters) Eight a.m. in New York, 2 p.m. in Berlin, 8 p.m. in Shanghai: On Monday, Volkswagen presented its first all-electric ID.7 sedan in three simultaneous time zones. The setting alone makes it clear: with their latest model,… Continue reading German Handelsblatt: Electric mobility: software, margin, price: these are the problems of the new VW ID.7006745
German Handelsblatt: Electric mobility: software, margin, price: these are the problems of the new VW ID.7006745
Premiere of the ID.7 in Berlin With the new model, the group wants to score internationally. (Photo: Reuters) Eight a.m. in New York, 2 p.m. in Berlin, 8 p.m. in Shanghai: On Monday, Volkswagen presented its first all-electric ID.7 sedan in three simultaneous time zones. The setting alone makes it clear: with their latest model,… Continue reading German Handelsblatt: Electric mobility: software, margin, price: these are the problems of the new VW ID.7006745
JSW Group says its plans for EVs remain on track
Sajjan Jindal-led JSW Group, claims that its plans for electric vehicles remain on track as specifics are being ironed out. “It is being worked out,” said Jayant Acharya, Deputy MD and board member at JSW Steel, a flagship company of the diversified US$ 22 billion JSW Group. He did not go into additional detail about… Continue reading JSW Group says its plans for EVs remain on track
Toyota Kirloskar Motor to expand plant output by 20-30%, add third shift from May 2023
Toyota Kirloskar Motor to expand plant output by 20-30%, add third shift from May 2023 Toyota Kirloskar Motor (TKM), which produced 166,690 cars and SUVs and sold 173,245 units in FY2023, is to expand its manufacturing plant output by a minimum of 20-30 percent. Production is likely to double to over 320,000 units in the… Continue reading Toyota Kirloskar Motor to expand plant output by 20-30%, add third shift from May 2023
Hyundai Motor Group to build lunar rover
Hyundai Motor Group today announced that it has started building an initial development model of a lunar exploration mobility rover in tandem with aerospace partners. In July 2022, the Group signed a joint multilateral research agreement with six Korean research institutes in the aerospace sector to run and support a consultative body to develop a mobility solution for… Continue reading Hyundai Motor Group to build lunar rover
German Handelsblatt: Subsidy program IRA: Volkswagen ID.4 is now being subsidized in the USA006744
Volkswagen ID.4 The electric SUV from VW is now being subsidized with funds from the US government’s Inflation Reduction Act (IRA). (Photo: IMAGO/ZUMA Wire) The US government on Wednesday published the final version of the list of electric cars that will benefit from tax rebates under the Inflation Reduction Act, President Joe Biden’s multi-billion dollar… Continue reading German Handelsblatt: Subsidy program IRA: Volkswagen ID.4 is now being subsidized in the USA006744
Global Hydrogen Storage Tank Market to Accrue 32.87% CAGR with Ongoing R&D Activities to Reach USD 1561.32 million by 2030, States Extrapolate
DUBAI, UAE, April 19, 2023 /PRNewswire/ — According to the recent report published by Extrapolate, the global Hydrogen Storage Tank Market size was around USD 164.22 million in 2022 and is anticipated to increase to approximately USD 1561.32 million by 2030, with a CAGR of 32.87% between 2023 and 2030. The demand for hydrogen storage tanks… Continue reading Global Hydrogen Storage Tank Market to Accrue 32.87% CAGR with Ongoing R&D Activities to Reach USD 1561.32 million by 2030, States Extrapolate
GWM Holds 2023 Global Conference with Partners in Shanghai
BAODING, China, April 19, 2023 /PRNewswire/ — On April 19, GWM held the 2023 Global Conference with the theme of “NEW GWM NEW ENERGY”, attended by more than 260 distributor representatives from more than 60 countries and regions. Mu Feng, President of GWM, gave a detailed introduction to the participants on GWM’s global expansion, Forest Ecosystem,… Continue reading GWM Holds 2023 Global Conference with Partners in Shanghai