Kindred Group presents new financial targets and provides detailed update of its strategy

VALLETTA, Malta, Sept. 14, 2022 /PRNewswire/ — At today’s Capital Markets Day in London, UK, Kindred Group’s CEO Henrik Tjärnström and CFO Johan Wilsby, joined by members of the executive management team and senior managers, will provide a detailed update of Kindred’s strategic direction, operations and financial performance. In connection with the Capital Markets Day, Kindred… Continue reading Kindred Group presents new financial targets and provides detailed update of its strategy

Break-through: Volvo Trucks starts series production of heavy electric trucks

GOTHENBURG, Sweden, Sept. 14, 2022 /PRNewswire/ — As the first global truck manufacturer to do so, Volvo Trucks is now starting series production of heavy electric, 44 tonne* trucks.  Volvo Trucks is beginning series production of the electric versions of the company’s most important product range, its heavy-duty trucks: Volvo FH, Volvo FM, and Volvo FMX.… Continue reading Break-through: Volvo Trucks starts series production of heavy electric trucks

The buck for demand-supply forecasting should stop at the highest level: industry experts at FADA Conclave

Top-notch inventory management as well as forecasting of demand and supply dynamics, across all industries, remains a skill wherein ­­ only a few achieve sustained excellence. In the automobile industry, where there are multiple variables as well as the price-conscious Indian consumer involved, getting the numbers right, from the  manufacturing operations through to stocking the… Continue reading The buck for demand-supply forecasting should stop at the highest level: industry experts at FADA Conclave

MoRTH orders probe into Secunderabad dealership fire

The Ministry for Road Transport and Highways (MORTH) has ordered a preliminary enquiry into the fire that broke out, Tuesday, at an electric bike showroom in Secunderabad. The fire at the Gemopai electric vehicle showroom took the lives of eight persons, 10 were  injured. A team of experts, designated by the ministry, will visit the… Continue reading MoRTH orders probe into Secunderabad dealership fire

Mahindra XUV700 delivery time reduces by 3 months

Having received a record number of bookings for its XUV700, Mahindra & Mahindra has ramped up production of its flagship SUV. Right from its debut in August 2021, the XUV700 has been in the limelight, not just for what it offers but also for its constantly rising waiting period. A few months ago, the waiting… Continue reading Mahindra XUV700 delivery time reduces by 3 months

Clean Technica: Tesla To Build 10–12 Gigafactories — Progressing Faster Than Most Expected Possible002242

Tesla continues to rapidly expand throughout the world, and despite two new gigafactories having opened earlier this year (in Germany and Texas), the automaker’s already looking at where to build next. In the long term, it’s difficult to predict how many production facilities Tesla could build, but CEO Elon Musk has his sights set on… Continue reading Clean Technica: Tesla To Build 10–12 Gigafactories — Progressing Faster Than Most Expected Possible002242

Cleantechnica: New Australia Lithium Mine For Ford, LG, & Tesla Lithium To Be Powered By Giant Off-Grid Solar, Wind, & Battery Project 002241

Australia is a top source of lithium for EV batteries. Much of the world’s lithium used for such purposes comes from there. Now we’ve got news of a major lithium mine in Australia using batteries as well as solar and wind energy in order to mine more cleanly and — importantly for the miners —… Continue reading Cleantechnica: New Australia Lithium Mine For Ford, LG, & Tesla Lithium To Be Powered By Giant Off-Grid Solar, Wind, & Battery Project 002241

Cleantechnica: Electric Vehicles 101: V2G Charging & The Grid 002240

How can electric vehicles (EVs) assist the aging US electrical grid as it tries to handle the rising demand for electricity during peak load times? The answer is the EVs themselves. Bidirectional charging refers to two-way charging — that means the EV both charges and discharges. Vehicle to Grid (V2G) is a charging technology that… Continue reading Cleantechnica: Electric Vehicles 101: V2G Charging & The Grid 002240