Electric vehicle stocks have been on fire this past year, outperforming every other sector in the market. The sector’s favorite benchmark–Global X Autonomous & Electric Vehicles ETF (DRIV)–has climbed 75.3% over the past 12 months and is already up 13.6% YTD, managing to even outperform the red-hot biotech sector as the Covid-19 vaccine rollout gets… Continue reading @niche: Electric Car Wars: Who Will Come Out on Top?000494
Category: Automotive
Trov Partners With UFODRIVE To Launch Insurance For Fully Electric London-Based Fleet
LONDON, Jan. 29, 2021 /PRNewswire/ — Trov (www.trov.com) a global leader in insurance technology, today announced that UFODRIVE (www.ufodrive.com), a frontrunner in sustainable car rental, have selected Trov’s Mobility Insurance Platform for their fleet of fully electric vehicles. The company will benefit from both of Trov’s platform components; risk operations technology which will address UFODRIVE’s unique… Continue reading Trov Partners With UFODRIVE To Launch Insurance For Fully Electric London-Based Fleet
Norwegian Carsharing Group Selects German Mobility Software Provider
Bilkollektivet currently has 603 cars in the capital Oslo and 15 cars in Stavanger, the fourth largest city in the country. Photo courtesy of Bilkollektivet. A cooperation between Bilkollektivet, a Norwegian cooperative founded 25 years ago in Oslo and the oldest car sharing provider in the country, and the German mobility software specialist MOQO is makings… Continue reading Norwegian Carsharing Group Selects German Mobility Software Provider
Weekly funding: Didi Cargo hauls in $1.5b to take top spot
Keep track of all the startup investment activities in Asia through our weekly funding list. Go to Source
LG ANNOUNCES 2020 FINANCIAL RESULTS
January 29, 2021 LG ANNOUNCES 2020 FINANCIAL RESULTS Open share list Share this content. Highest Fourth-Quarter Sales and Operating Profit in LG’s History, 2020 Profit Also Sets New Company Record SEOUL, Jan. 29, 2021 — LG Electronics Inc. (LG) announced a strong year with 2020 revenues of KRW 63.26 trillion (USD 56.45 billion) and record-setting… Continue reading LG ANNOUNCES 2020 FINANCIAL RESULTS
SK Innovation Planning on Making an Aggressive Approach in Order to Become a Top Three Electric Vehicle Battery Supplier Before 2025
SK Innovation is working on increasing its electric vehicle (EV) battery production capacity in order to meet a series of requests for increased supply of batteries from global automakers. The company is currently expanding its production plants in Europe, China, and the United States simultaneously. As it continues to secure additional orders and increase its… Continue reading SK Innovation Planning on Making an Aggressive Approach in Order to Become a Top Three Electric Vehicle Battery Supplier Before 2025
Elon Musk confirms new Tesla Roadster has been delayed to 2022
Elon Musk confirmed that the new Tesla Roadster has been delayed to 2022 – a good two years behind the original schedule. Tesla Roadster timeline When first unveiling the next-generation Tesla Roadster in 2017, Musk said that it will come to market in 2020. Tesla started taking reservations for the impressive electric supercar with a 0-60… Continue reading Elon Musk confirms new Tesla Roadster has been delayed to 2022
@Honda: CMC Continues after Milestone Achievement
January 29, 2021 – Motorcycle manufacturers in CMC (Connected Motorcycle Consortium) signed an agreement in December 2020 to continue cooperation 2021 onwards to further enhance motorcycle safety and assure that motorcycles maintain their role in future mobility. BMW Motorrad, Honda Motor Co., Ltd., KTM AG, Yamaha Motor Co. Ltd, Suzuki Motor Corporation and Triumph Design… Continue reading @Honda: CMC Continues after Milestone Achievement
Parts shortage forces Ford to temporarily lay off thousands of UAW members
F-150 production hit by semiconductor shortage. UAW sees temporary layoffs. Go to Source
MINI discontinues MINI Yours Customized 3D printed part service
Automotive manufacturer MINI has discontinued its MINI Yours Customised service which enabled customers to design and order personalized 3D printed parts for their cars. Until now, MINI customers have been given the option to customize bespoke cosmetic parts for their vehicles, created through a combination of 3D printing and laser lettering. The company has given… Continue reading MINI discontinues MINI Yours Customized 3D printed part service