Intelligent Speed Assistance will become mandatory in new vehicles from July 2022 in the EU and some other countries. A webinar explains how we will get there. Widespread use of Intelligent Speed Assistance (ISA) could cut collisions by 30% and deaths by 20%. It is a feature showing the legal speed limit to the driver at… Continue reading What it’s going to take for ISA to become industry-standard for all vehicles
Category: Automotive
Lordstown Motors Reports Fourth Quarter and Fiscal Year 2021 Financial Results
LORDSTOWN, Ohio, Feb. 28, 2022 /PRNewswire/ — Lordstown Motors Corp. (Nasdaq: RIDE), (“Lordstown Motors” or “LMC”), a provider of electric light duty trucks focused on the commercial fleet market, today released its fourth quarter and fiscal year 2021 financial results and provided a business update. Fourth Quarter and Recent Key Business Highlights Continue Reading Lordstown Endurance… Continue reading Lordstown Motors Reports Fourth Quarter and Fiscal Year 2021 Financial Results
Honda partners HPCL for battery swapping stations
Three months after announcing its plans for entering the battery swapping business in India, Honda Power Pack Energy India, a new subsidiary of Honda Motor Co for battery sharing service has announced partnership with Hindustan Petroleum Corporation (HPCL), a Maharatna Oil & Gas Public Sector undertaking. The partners have entered into commercial agreement to collaborate… Continue reading Honda partners HPCL for battery swapping stations
CEAT rejigs focus on high-margin growth areas
CEAT’s Nagpur plant caters to the requirements of two-wheeler tyres Having scaled down its capex plans for this fiscal, CEAT is rejigging its focus to high-margin products in domestic and overseas markets. The company’s leadership has identified passenger cars, two-wheelers, off-highway trucks (OHT) and exports as strategic areas with higher margins, and which will help reduce the company’s… Continue reading CEAT rejigs focus on high-margin growth areas
Chinese automakers, EV firms invest $385m in Sunwoda’s battery unit at $2b valuation …
Sunwoda Electric Vehicle Battery, an electric vehicle (EV) battery maker affiliated with the publicly-listed Sunwoda Electronic, is planning to raise 2.43 billion yuan ($385.1 million) from a consortium of investors including China’s major EV firms and traditional automakers. The 19 investors have agreed to purchase about 19.5% shares in Sunwoda Electric Vehicle Battery for 2.43… Continue reading Chinese automakers, EV firms invest $385m in Sunwoda’s battery unit at $2b valuation …
GAC MOTOR Will Expand into Several New Russian Cities in 2022 – Brand Development
Brand Presence in Russia | Priority Locations Tver, Yekaterinburg, Tyumen and Rostov on Don represent significant populations, and are all strategically important for growing brands. Frontline access to smaller cities provide a crucial boost for GAC MOTOR in terms of brand visibility and reputation, allowing a valuable closer connection with local consumers. As the year… Continue reading GAC MOTOR Will Expand into Several New Russian Cities in 2022 – Brand Development
Kamux ends all cooperation with Teboil
HELSINKI, Feb. 28, 2022 /PRNewswire/ — Kamux Corporation Press Release February 26, 2022 at 19:30 (EET) Kamux ends all cooperation with Teboil Due to the situation in Ukraine, Kamux has decided to immediately end all cooperation with Teboil. Teboil is a subsidiary of the Russian oil company Lukoil. We condemn Russia’s invasion of Ukraine, and ending… Continue reading Kamux ends all cooperation with Teboil
POSCO Chemical, investing additional 100 billion KRW for manufacturing of EV battery ‘Low-expansion anode material’
POSCO Chemical announced on the 27th that they are expanding their investment in low-expansion anode material, the core material for EV battery. POSCO Chemical held a board meeting on the 25th, and decided to increase annual low-expansion anode material manufacturing capacity from 7,000 tons to 35,000 tons. POSCO Chemical will invest 105.4 billion KRW to… Continue reading POSCO Chemical, investing additional 100 billion KRW for manufacturing of EV battery ‘Low-expansion anode material’
Solus Advanced Materials to diversify battery foil business and base …”Aiming at 2.3 trillion won in sales in 2026″
Solus Advanced Materials will diversify its materials business and production base, which used to be centered on electric vehicles. They plan on establishing an overseas production to produce battery foils for semiconductors and telecommunications, in order to achieve 2.3 trillion won in sales in 2026. Solus Advanced Materials announced on the 27th that they will generate… Continue reading Solus Advanced Materials to diversify battery foil business and base …”Aiming at 2.3 trillion won in sales in 2026″
@niche: News Lordstown Motors Announces Timing of Fourth Quarter and Full Year 2021 Financial Results and Webca…001674
LORDSTOWN, Ohio, Feb. 15, 2022 /PRNewswire/ — Lordstown Motors Corp. (Nasdaq: RIDE), (“Lordstown Motors”), a developer of electric light-duty trucks focused on the commercial fleet market, today announced that it will release its fourth quarter and full year 2021 financial results before market open on February 28, 2022. The company will then host a conference call… Continue reading @niche: News Lordstown Motors Announces Timing of Fourth Quarter and Full Year 2021 Financial Results and Webca…001674