HAMBURG, Germany — While most carmakers are struggling to get consumers into showrooms and opening their wallets amid worries from the coronavirus pandemic, Germany’s Volkswagen has managed in recent months to extend its lead as China’s top auto seller. Critical to this advance has been Jetta, a new entry-level brand VW launched in China last… Continue reading VW extends China market lead with new low-cost brand Jetta
Category: Automotive
Continental And aft automotive Set Up Joint Venture For The Future of Mobility
Future potential: System supplier experience and technical know-how are driving developments for electromobility Philip Nelles, head of Mobile Fluid Systems: “No lines, no future mobility. We are pooling our know-how for the vital lifelines in cars.” Less weight, reduced CO2 emissions: New company will develop and manufacture couplings made of high-performance plastics for the automotive… Continue reading Continental And aft automotive Set Up Joint Venture For The Future of Mobility
Nikola to make 2,500 electric garbage trucks for Republic Services
(Reuters) – Republic Services Inc said on Monday it would partner with electric-vehicle maker Nikola Corp to develop 2,500 electric waste and recycling collection trucks. The zero-emission vehicles, which will have a range of 150 miles (241.4 km), are expected to be integrated into Republic Services’ fleet beginning in 2023, the U.S. recycling and non-hazardous… Continue reading Nikola to make 2,500 electric garbage trucks for Republic Services
@Geely: Kandi Technologies Reports Second Quarter 2020 Financial Results
• Off-road vehicles sales increased 27.3% to $6.6 million … Continue reading @Geely: Kandi Technologies Reports Second Quarter 2020 Financial Results
@Hyundai: Hyundai Motor Announces IONIQ Brand Dedicated to EVs, Opening New Chapter for Customer-Centric EV Experiences
• Hyundai’s dedicated EV brand IONIQ embodies company’s smart mobility vision• Company aims to offer connected lifestyle experience to customers with IONIQ brand models• Hyundai will introduce three innovative IONIQ EV models over the next four years, starting early 2021 with IONIQ 5, a midsize EV CUV based on the concept ‘45’• IONIQ EV models… Continue reading @Hyundai: Hyundai Motor Announces IONIQ Brand Dedicated to EVs, Opening New Chapter for Customer-Centric EV Experiences
SK Innovation Commercializes World’s First NCM Electric Vehicle Battery with 90% Nickel Content
SK Innovation has commercialized the world’s first NCM (Nickel, Cobalt, Manganese) battery that has 90% nickel content. The company will supply its “9½½ battery” to Ford in 2023 for its “F-150” electric pickup truck. It is expected that SK Innovation will gradually gain more orders as Ford is looking to manufacture more electric vehicles after… Continue reading SK Innovation Commercializes World’s First NCM Electric Vehicle Battery with 90% Nickel Content
SG’s Carro raises $11m from Mitsubishi, MS&AD Ventures, others
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 SG’s Carro raises $11m from Mitsubishi, MS&AD Ventures, others
Japan fails to win early end to auto tariffs in UK trade deal
TOKYO — Japan and the U.K. will agree to eliminate British tariffs on Japanese autos by 2026, despite a push by Tokyo for an earlier phase out, Nikkei has learned. The two countries are working toward an agreement in principle on a trade deal by the end of this month, ministers said Friday. Cars and agricultural products are two… Continue reading Japan fails to win early end to auto tariffs in UK trade deal
Xpeng Motors Files For IPO On NYSE
Upstart Chinese electric vehicle maker, Xpeng Motors has officially filed for its initial public offering (IPO) on the New York Stock Exchange. The move wasn’t a surprise and had been anticipated for some time now. The announcement makes XPeng the third electric vehicle manufacturer out of China to list its shares in the US. The… Continue reading Xpeng Motors Files For IPO On NYSE
INEOS Wins U.K. Legal Challenge to Totally-Not-a-Defender Grenadier SUV – Car and Driver
INEOS owner Jim Ratcliffe once tried to buy the rights to keep building the original Land Rover Defender. JLR didn’t approve the deal, so INEOS went ahead with an alternate-reality version called the Grenadier. This week, a court dismissed JLR’s appeal of the U.K. Intellectual Property Office’s decision that not everyone knows or cares what… Continue reading INEOS Wins U.K. Legal Challenge to Totally-Not-a-Defender Grenadier SUV – Car and Driver