Category: Automotive

Volvo Group pledges to “Drive to Zero” program

PASADENA, Calif., Feb. 15, 2022 /PRNewswire/ — CALSTART‘s Global Commercial Vehicle Drive to Zero program and campaign (Drive to Zero™) welcomes the Volvo Group, one of the world’s largest manufacturers of heavy-duty trucks, buses, construction equipment and engines, as its newest pledge partner. By signing the Drive to Zero pledge, the Volvo Group joins Drive to… Continue reading Volvo Group pledges to “Drive to Zero” program

Daimler Truck adopts Siemens’ Xcelerator to shape the future of CO2-neutral transport

Daimler Truck plans to use Simcenter STAR-CCM+ to improve aerodynamic performance, as well as explore and optimize innovative e-mobility propulsion and energy management systems including battery cooling and hydrogen technology. The software will also help support legacy combustion engine and exhaust system design and associated CO2 reduction. In addition to software, Siemens and Daimler Truck… Continue reading Daimler Truck adopts Siemens’ Xcelerator to shape the future of CO2-neutral transport

Senmiao Technology Reports Fiscal 2022 Third Quarter Financial Results

CHENGDU, China, Feb. 15, 2022 /PRNewswire/ — Senmiao Technology Limited (“Senmiao”) (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced financial results for the fiscal 2022 third quarter ended December 31, 2021. Additional information regarding Senmiao’s results… Continue reading Senmiao Technology Reports Fiscal 2022 Third Quarter Financial Results

BorgWarner to Provide Leading Chinese OEM with 800V SiC Inverters

AUBURN HILLS, Mich., Feb. 15, 2022 /PRNewswire/ — BorgWarner, a global product leader in delivering innovative and sustainable mobility solutions to the vehicle market, is empowering a leading Chinese original equipment manufacturer (OEM) to launch a new, high-end battery electric vehicle (BEV) platform by providing its 800V silicon carbide (SiC) inverters. The inverters will be featured on… Continue reading BorgWarner to Provide Leading Chinese OEM with 800V SiC Inverters

SoftBank’s Vision Fund 2 leads $100m round in China’s Sobot

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to… Continue reading SoftBank’s Vision Fund 2 leads $100m round in China’s Sobot

@Honda: HONDA’S HR-V e:HEV OUTPERFORMS RIVAL POWERTRAINS IN REAL-WORLD TESTING

Honda’s e:HEV proven to be more efficient than both competitor mild and plug-in hybrid systems over a prescribed route e:HEV is the most practical everyday solution for most driver needs, with no need to plug in, no range anxiety and ultra-low emission driving Honda’s new HR-V, CR-V, Jazz, and forthcoming all-new Civic are offered exclusively… Continue reading @Honda: HONDA’S HR-V e:HEV OUTPERFORMS RIVAL POWERTRAINS IN REAL-WORLD TESTING

Ford doubles annual bonuses amid worker fury over controversial formula – Detroit Free Press

Ford doubles bonuses amid worker fury over controversial formula News Sports Autos Entertainment USA TODAY Obituaries E-Edition Legals Ford Motor Co. informed employees Monday afternoon that it planned to revise its just-revealed annual bonus formula for salaried workers after a backlash that triggered executive strategy meetings throughout the weekend. The pivot includes top executives now taking a significant bonus cut. … Continue reading Ford doubles annual bonuses amid worker fury over controversial formula – Detroit Free Press