USA President Joe Biden WASHINGTON: Facing higher oil prices after Russia’s invasion of Ukraine, President Joe Biden is looking at invoking the Defense Production Act this week to increase the mining of critical minerals for the batteries used in electric vehicles. That’s according to a person familiar with the White House plans who insisted on… Continue reading Biden eyes boost to mining of minerals for electric vehicles
Category: Automotive
Volkswagen begins Virtus production at Chakan
Volkswagen India has commenced production of its upcoming mid-size sedan, Volkswagen Virtus at its 200,000-unit capacity plant, shared with sibling Skoda Auto India, in Chakan near Pune. The Virtus is built on Volkswagen Group’s MQB-A0-IN platform and comes with up to 95 percent gross localisation, giving the company a chance to position it well among… Continue reading Volkswagen begins Virtus production at Chakan
China’s Great Wall Motor staying in Russia ‘for time being’
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GOODYEAR VENTURES EXPANDS PORTFOLIO WITH NOVA LABS INVESTMENT TO ADVANCE CONNECTED MOBILITY ON THE HELIUM NETWORK
AKRON, Ohio, March 30, 2022 /PRNewswire/ — The Goodyear Tire & Rubber Company (NASDAQ: GT) announced today that its venture capital arm, Goodyear Ventures, has added Nova Labs, formerly Helium Inc., to its growing investment portfolio. Nova Labs is the pioneer of decentralized wireless communications and founder of the core technologies powering the Helium Network. The… Continue reading GOODYEAR VENTURES EXPANDS PORTFOLIO WITH NOVA LABS INVESTMENT TO ADVANCE CONNECTED MOBILITY ON THE HELIUM NETWORK
Mercedes-Benz EQXX: radical EV’s tech confirmed for production
Technology showcased on the super-efficient Mercedes-Benz Vision EQXX concept will make production, Mercedes has confirmed. Talking to Autocar’s sister brand Move Electric, a Mercedes spokesman confirmed that technology featured on the car, as well as processes adopted during its super-quick 18 month gestation, will filter through to mainstream models. “Our EQXX is a research vehicle… Continue reading Mercedes-Benz EQXX: radical EV’s tech confirmed for production
Taking our next step in the City by the Bay
This morning in San Francisco, a fully autonomous all-electric Jaguar I-PACE, with no human driver behind the wheel, picked up a Waymo engineer to get their morning coffee and go to work. Since sharing that we were ready to take the next step and begin testing fully autonomous operations in the city, we’ve begun fully… Continue reading Taking our next step in the City by the Bay
BMW M8 Ultra-High-Performance Cars Will Offer Alcantara Interior Trim
MILAN, March 30, 2022 /PRNewswire/ — BMW’s new 2023 M8 Competition series unveiled at the Amelia Island Concourse d’Elegance in March will be offered with optional bucket seating that features “Made in Italy” luxury material from Alcantara. The M8’s carbon-fiber-reinforced bucket seats will be offered in a combination of Black and Sakhir Orange trim or… Continue reading BMW M8 Ultra-High-Performance Cars Will Offer Alcantara Interior Trim
Ferrari’s Plug-in Hybrid One-Ups the Combustion Engine
Something strange is happening in the Ferrari SF90. With a silly-sounding 1,000 metric horsepower under my right foot, the SF90 should be sliding sideways through this devilish stretch of the Pista di Fiorano test track. Especially since I’m straining to keep pace with Raffaele de Simone just ahead, the Ferrari test driver who routinely sets… Continue reading Ferrari’s Plug-in Hybrid One-Ups the Combustion Engine
GRAMMER AG closes Financial Year 2021 with significantly higher revenue and earnings
▪11.2% increase in GRAMMER Group revenue to about EUR 1.9 billion, driven chiefly by the Commercial Vehicles Division (up 31.0%)▪ Operating EBIT improved from EUR -11.7 million to EUR 22.8 million▪ APAC enjoyed considerable growth (up 19.8%), AMERICAS region in need of restructuring▪ Business performance in H2 2021 affected by reduced and volatile customer call-offs… Continue reading GRAMMER AG closes Financial Year 2021 with significantly higher revenue and earnings
Carrefour plans EV charging stations at French hypermarkets, supermarkets
Carrefour said on Wednesday it aims to install over 700 electric vehicles charging stations and 5,000 charging points at its French hypermarkets and Carrefour Market supermarkets by 2025. Carrefour is joining a host of retailers worldwide such as Starbucks which are banking on the extra service to woo shoppers and also boost their green credentials.… Continue reading Carrefour plans EV charging stations at French hypermarkets, supermarkets