Category: Automotive

Scania to decarbonise its supply chain by 2030

SÖDERTÄLJE, Sweden, Sept. 16, 2022 /PRNewswire/ — Scania announces far-reaching measures to decarbonise its supply chain by 2030. Together with Scania’s suppliers it has outlined an ambitious industry-leading strategy to eliminate the largest carbon emissions sources from the most common production materials and batteries. “Once again Scania leads the way in ambitious climate action,” says Andreas… Continue reading Scania to decarbonise its supply chain by 2030

German Handelsblatt: IPO: Porsche shares for small investors: What private investors should consider005200

Presentation of the Porsche Taycan at the LA Auto Show in Los Angeles 2019 The market is preparing for new shares: The sports car manufacturer Porsche announced its IPO on September 5th. The shares of Porsche AG are also to be offered to small investors as part of a public offering in Germany and five… Continue reading German Handelsblatt: IPO: Porsche shares for small investors: What private investors should consider005200

German Handelsblatt: Strategic U-turn: “Wrong time, wrong models”: Opel announces planned China expansion from005199

Opel After Russia, Opel breaks away the next sales region with significant growth potential. (Photo: imago images/Michael Schick) In the summer of a year ago, Opel announced big plans. The small car manufacturer from Rüsselsheim, which is very focused on Europe, promised to enter the largest car market of all: China. “We promised that Opel… Continue reading German Handelsblatt: Strategic U-turn: “Wrong time, wrong models”: Opel announces planned China expansion from005199

London Supercar Rental Company Accused of Fuelling Dark Web Crime with Crypto Rental Service

LONDON, Sept. 16, 2022 /PRNewswire/ — A supercar rental company in London has come under fire for agreeing to accept cryptocurrency payments which could be taken from criminal proceeds. ClassicParade.co.uk which is based in Sloane Street in Chelsea, rents prestige cars by the day and they offer brands including Lamborghini, Ferrari, Porsche, McLaren, Aston Martin,… Continue reading London Supercar Rental Company Accused of Fuelling Dark Web Crime with Crypto Rental Service

Pilates Equipment Market to record USD 106.44 Mn — Driven by increasing demand for home fitness equipment

NEW YORK, Sept. 16, 2022 /PRNewswire/ — The “Pilates Equipment Market by Product and Geography – Forecast and Analysis 2022-2026” report has been added to Technavio’s offering. The report expects the market size to grow by USD 106.44 million between 2021 and 2026, accelerating at a CAGR of 9.22% during the forecast period. The report… Continue reading Pilates Equipment Market to record USD 106.44 Mn — Driven by increasing demand for home fitness equipment

Veoneer and emotion3D recognized for “Most Innovative In-Cabin Perception Application”

STOCKHOLM, Sept. 16, 2022 /PRNewswire/ — The AutoSens Award celebrates the best and brightest working at the cutting-edge of innovation in ADAS and autonomous vehicle technology. At the event in Brussels earlier this week, Veoneer and emotion3D were honored with the AutoSens Award in the category Most Innovative In-Cabin Perception Application. It is a fact… Continue reading Veoneer and emotion3D recognized for “Most Innovative In-Cabin Perception Application”

NEUMAN & ESSER et Ballard investissent dans QUANTRON et établissent une alliance hydrogène pour un écosystème H2 à 360°

Après une ronde de financement d’amorçage en mars 2021, Quantron AG conclut avec succès son cycle de financement A, levant un montant total de 50 millions d’euros afin de poursuivre le développement de son modèle d’affaires Parmi les investisseurs ayant participé à la ronde de financement A figurent le fabricant allemand de machines et d’équipement… Continue reading NEUMAN & ESSER et Ballard investissent dans QUANTRON et établissent une alliance hydrogène pour un écosystème H2 à 360°

Tata Motors expects 20 percent of PV sales to be electric by FY26

In three years, Tata Motors anticipates that 20 percent of its domestic passenger vehicle sales will be made up of electric vehicles, Shailesh Chandra, managing director- passenger vehicles and electric mobility at the company said on the sidelines of SIAM’s 62nd annual session in Delhi.  He anticipates that sales of all electric vehicle models offered by… Continue reading Tata Motors expects 20 percent of PV sales to be electric by FY26

Marelli on a mission to transform the future of mobility

What is the current position with regard to restructuring, debt and other financial challenges. What is the way forward?Marelli went through a very challenging time. But I’m here to report that we very successfully completed the financial restructuring in August. That means additional investment from KKR and a reduction in our bank debt. It is… Continue reading Marelli on a mission to transform the future of mobility