INEOS Grenadier Seeks to Deliver the Classic SUV Experience – Car and Driver

Many of us feel deep regard for our favorite cars, but few can match the commitment Jim Ratcliffe has shown to one of his. The CEO of the INEOS chemical company and one of the U.K.’s richest men, Ratcliffe mourned the passing of the previous-generation Land Rover Defender so much that he ordered the creation… Continue reading INEOS Grenadier Seeks to Deliver the Classic SUV Experience – Car and Driver

Sony will partner with Honda on EVs, first available in 2025

Sony and Honda have signed a memorandum of understanding to jointly develop electric vehicles, with the first car becoming available commercially in 2025, reports Nikkei Asia. Sony has been making their EV ambitions more and more clear over the last few years, showing their VISION-S concept EV at the last three CES conferences. In each… Continue reading Sony will partner with Honda on EVs, first available in 2025

Kamux Corporation’s Financial Statements Bulletin for January 1 – December 31, 2021

HELSINKI, March 4, 2022 /PRNewswire/ — Kamux Corporation  Financial Statements Bulletin  March 4, 2022 at 09:00 Kamux Corporation’s Financial Statements Bulletin for January 1 – December 31, 2021 Kamux’s revenue grew very strongly +22.8% and adjusted operating profit (EBIT) grew strongly +19.0%  The figures in parentheses refer to the comparison period, i.e. the same period… Continue reading Kamux Corporation’s Financial Statements Bulletin for January 1 – December 31, 2021

Apple Car to run on Korean ‘FC-GBA’

TF with domestic substrate companies… Discussing supplyExchanged samples… Passed reliability testRush to select company due to supply shortage of substratesTechnology beats Taiwanese and Japane Apple cars, self-driving electric vehicles developed by Apple, will be equipped with Korean Flip-chip Ball Grid Array (FC-BGA) substrates. It is expected to have an impact on the market as it… Continue reading Apple Car to run on Korean ‘FC-GBA’

Volocopter Raises USD 170 million in First Signing of Series E Financing Round

Volocopter is developing new and sustainable mobility options for cities around the world. With its family of aircraft (the VoloCity, VoloConnect, and VoloDrone), the company takes a unique approach by developing urban air mobility (UAM) as a holistic ecosystem. Having ten years of development experience, Volocopter is the clear leader in the urban air mobility… Continue reading Volocopter Raises USD 170 million in First Signing of Series E Financing Round

Customer Pushback Dislodges a Price Rollback from Rivian

The Rivian R1T all-electric pickup truck would have cost 20% more under a price increase that Rivian later canceled for preorder customers. Photo: Rivian Electric pickup truck manufacturer Rivian on March 3 pulled back a steep price increase from customers who had placed pre-orders after many of them contacted the company to complain about the… Continue reading Customer Pushback Dislodges a Price Rollback from Rivian

Carlos Ghosn Blasts Tokyo Judge Who Called Him Greedy – The Wall Street Journal

TOKYO—A Tokyo judge lashed out at fugitive car executive Carlos Ghosn, calling him a greedy and malicious criminal, and Mr. Ghosn said the statements proved why he couldn’t have gotten a fair trial in Japan. Thursday’s ruling by the Tokyo District Court was probably as close as Japanese courts will get to rendering a verdict… Continue reading Carlos Ghosn Blasts Tokyo Judge Who Called Him Greedy – The Wall Street Journal

Mary Barra ready to prove GM stock is as valuable as Tesla – Detroit Free Press

General Motors CEO Mary Barra is masterful at masking what must be an annoying question she is regularly asked. Is GM stock undervalued? In short, she has said, yes, it is. See Barra has a vision: She has been transforming GM over the past several years to make it a technology company, one that happens to make cars. Go… Continue reading Mary Barra ready to prove GM stock is as valuable as Tesla – Detroit Free Press

@Honda: Sony and Honda Sign Memorandum of Understanding for Strategic Alliance in Mobility Field

March 4, 2022, Tokyo, Japan – Sony Group Corporation (“Sony”) and Honda Motor Co., Ltd. (“Honda”) today announced that they have agreed to deepen discussion and exploration of forming a strategic alliance that aims to create a new era of mobility and mobility services. Specifically, the two companies have signed a memorandum of understanding that… Continue reading @Honda: Sony and Honda Sign Memorandum of Understanding for Strategic Alliance in Mobility Field