Samsung SDI, first surplus in 12 years… Reaching ‘tipping point’ of the battery

Last year’s Youngong profit expected to be 1.2 trillion wonLG Ensol is also likely to achieve 900 billion won Samsung SDI’s electric vehicle battery business recorded an annual surplus for the first time in 12 years. LG Energy Solution also recorded an operating profit of close to KRW 1 trillion last year, following their first… Continue reading Samsung SDI, first surplus in 12 years… Reaching ‘tipping point’ of the battery

Carwiz Announces First Affiliate in Canada

Carwiz now has three locations in Canada across Vancouver and Toronto. Photo: Carwiz Carwiz announced on Jan. 24 that it had signed its first affiliate partnership in Canada. A deal with Canadian partner Northwestern Auto Group will result in three new Carwiz offices — one in the city of Vancouver, one at Vancouver International Airport, and one… Continue reading Carwiz Announces First Affiliate in Canada

Chinese automaker Changan to list EV unit around 2025

Chinese state-run automaker Chongqing Changan Automobile plans to list its electric vehicle (EV) unit around 2025, the China Securities Journal said on Tuesday. The unit completed fundraising round B on Monday, said the paper, reaping 5 billion yuan ($789.84 million), 2 billion yuan over its planned target. Changan did not immediately respond to a request for comment. Reuters reported last year that the unit was planning to list on STAR Market.… Continue reading Chinese automaker Changan to list EV unit around 2025

America’s Favorite Pickup Truck Goes Electric – The New Yorker

Farley said that he had been at a racetrack with Field the previous weekend. “Everyone was saying, ‘Oh, there’s Jim Farley. He runs Ford, he races Cobras.’ I was with perhaps the most important American engineer of the past hundred years, and they didn’t even know who he is.” Field, who declined to be interviewed,… Continue reading America’s Favorite Pickup Truck Goes Electric – The New Yorker

Chinese automaker Changan to list EV unit around 2025 – China Securities Journal

Changan, based in the southwestern city of Chongqing, holds 48.95% of the unit, which makes entry-level and mass-market electric vehicles. SHANGHAI: Chinese state-run automaker Chongqing Changan Automobile plans to list its electric vehicle (EV) unit around 2025, the China Securities Journal said on Tuesday. The unit completed fundraising round B on Monday, said the paper,… Continue reading Chinese automaker Changan to list EV unit around 2025 – China Securities Journal

New 2022 Volvo XC90 replacement could be called Embla

Volvo’s next-generation, all-electric replacement for the XC90 could be given the name Embla, according to new trademark applications made by the Swedish brand.  “This will be the first of its kind. We should also then mark that by deviating from our normal way of giving our cars names,” said outgoing Volvo boss Hakan Samuelsson at… Continue reading New 2022 Volvo XC90 replacement could be called Embla

Renault will produce the car that will succeed the Nissan Micra in Douai

Posted Jan 25, 2022, 7:00 a.m. Updated Jan 25, 2022, 7:04 a.m. Good news for Renault’s “Electricity cluster” in northern France. According to our information, Nissan, the Losange’s partner in the Renault-Nissan-Mitsubishi Alliance, should entrust Renault with the production of the car that will succeed its little Micra in Europe. The Japanese manufacturer will use… Continue reading Renault will produce the car that will succeed the Nissan Micra in Douai

Porsche launches updated infotainment system for 2022

Porsche has updated its Porsche Communication Management (PCM)  in-car infotainment system with a fresh look and new features.  The revised version of PCM 6.0 includes coloured icons and a clearer user interface, plus wireless Android Auto connectivity for the first time.  Alongside this, Porsche has improved the vehicle’s voice-assistant software, expanding its functionality to enable… Continue reading Porsche launches updated infotainment system for 2022

@BMW: Recharged and electrifying: the classic Mini launches into the future.001702

Munich. If Alec Issigonis could design the classic Mini again today, the iconic small car would have an electric motor. After all, the original launched in 1959 was created during an oil crisis and based on the idea of saving fuel and transporting four occupants and their luggage in the smallest possible footprint. To this… Continue reading @BMW: Recharged and electrifying: the classic Mini launches into the future.001702