Ford is selling its electric scooter operation Spin to one of Europe’s top shared mobility companies. Tier Mobility will take over all of Spin’s operations, marking the first time the Berlin-based scooter company will have a foothold in North America. The companies declined to disclose the sale price, though the CEO of Tier said it… Continue reading Ford sells electric scooter unit Spin to Berlin’s Tier
Category: Automotive
HK self-driving truck startup hauls in $188m in Sequoia co-led round
Inceptio offers autonomous driving tech for trucks and operates a nationwide transportation-as-a-service freight network. Go to Source
Improving safety and comfort with dual steering systems
According to the most recent Department for Transport provisional estimates for reported road casualties in the UK, the fatality rate per billion vehicle miles decreased by 6% compared to the year ending in June 2020. While this is welcome news, how can vehicle Original Equipment Manufacturers (OEMs) contribute to even greater safety on our roads?… Continue reading Improving safety and comfort with dual steering systems
Marelli faces pressure to adapt to EV age under debt relief plan
Go to Source
Ferrari Publishes Agenda for the 2022 Agm
Maranello (Italy), March 2, 2022 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari”) announced today that it has published the agenda and the explanatory notes for the 2022 Annual General Meeting of Shareholders (“AGM”), which will be held virtually on April 13, 2022, beginning at 11:30 a.m. CEST. To protect the health and safety of all participants… Continue reading Ferrari Publishes Agenda for the 2022 Agm
S Korea’s Hyundai Motor plans to invest $16b in EV push
South Korea’s Hyundai Motor Co said on Wednesday it planned to invest about 95.5 trillion won ($79.21 billion) through 2030, including about 19.4 trillion won ($16.10 billion) towards electric vehicle (EV) related businesses. Hyundai Motor, which together with affiliate Kia Corp 000270.KS is among the world’s top 10 biggest automakers by sales, targets to achieve a 7% market share in… Continue reading S Korea’s Hyundai Motor plans to invest $16b in EV push
@Ford: Ford Takes In Over 72,000 New Retail Vehicle Orders In February; Record Start For Ford Brand SUV Retail Sales; Ford Electrified Sales Charge Ahead – Conquesting From Competitors At 54 Percent; Lincoln SUVs Post Strong Sales Gains
About Ford Motor Company Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with… Continue reading @Ford: Ford Takes In Over 72,000 New Retail Vehicle Orders In February; Record Start For Ford Brand SUV Retail Sales; Ford Electrified Sales Charge Ahead – Conquesting From Competitors At 54 Percent; Lincoln SUVs Post Strong Sales Gains
@Ford: Ford Accelerating Transformation: Forming Distinct Auto Units to Scale EVs, Strengthen Operations, Unlock Value
Creates distinct electric vehicle and internal combustion businesses poised to compete and win against both new EV competitors and established automakers Organizes Ford to deliver for customers with the focus and speed of a startup at the leading edge of technology, supported by deep expertise in engineering and high-volume production ·Ford Blue will build out… Continue reading @Ford: Ford Accelerating Transformation: Forming Distinct Auto Units to Scale EVs, Strengthen Operations, Unlock Value
@FCA: Canada: Ram shares new images that preview upcoming Ram 1500 BEV pickup truck
March 2, 2022 , Windsor, Ontario – Ram recently announced the Ram Revolution, an exclusive insider program that invites fans to join the brand on its journey to revolutionize the pickup truck market again. Yesterday, as Stellantis shared its long-term strategic plan, two images were shown that provide a preview of the new Ram 1500 battery-electric vehicle (BEV)… Continue reading @FCA: Canada: Ram shares new images that preview upcoming Ram 1500 BEV pickup truck
@Hyundai: Hyundai Motor Accelerates Electrification Strategy, Targeting 7% of Global EV Market by 2030
SEOUL, March 2, 2022 — Hyundai Motor Company today unveiled a strategic roadmap to accelerate its electrification ambition as it pursues sustainable progress for the company. President and CEO Jaehoon Chang and other executives presented the plans to shareholders and investors, and other various stakeholders at the ‘2022 CEO Investor Day’ virtual forum. The company also unveiled targets… Continue reading @Hyundai: Hyundai Motor Accelerates Electrification Strategy, Targeting 7% of Global EV Market by 2030