NIO recently released a video showing the making of the ES6 model at the JAC-NIO production base in Hefei, China, where also the ES8 and upcoming EC6 are produced. NIO does not own its own plant yet, as the Chinese start-up from the beginning teamed up with the Jianghuai Automotive Corporation (JAC) to produce the… Continue reading NIO Shows Video Of Making Of The NIO ES6
Category: Automotive
Chevy Reveals Plans For 400-Mile Full-Size Electric Pickup Truck
Chevrolet has just revealed that its future plans call for a 400-mile electric pickup truck. Details are sparse, but this truck will challenge the Ford F-150 electric, Tesla Cybertruck, Rivian R1T and more. News of this electric truck from Chevy comes via the release of its annual sustainability report. Within that 2019 report which was… Continue reading Chevy Reveals Plans For 400-Mile Full-Size Electric Pickup Truck
Uber: Addressing inadvertent bias
In a recent analysis of public ridesharing and Census data in Chicago, Akshat Pandey and Aylin Caliskan at The George Washington University explore correlations between ridesharing fares and neighborhood characteristics. In addition to finding that average per-mile fares are higher for trips to and from areas with higher home prices, higher education levels, and younger… Continue reading Uber: Addressing inadvertent bias
@Groupe PSA: Worldwide sales at 1 Million units in the first semester
Global sales almost doubled in June versus May, in the context of the coronavirus crisis Electrification of the PC and LCV range at high pace: 13[1] new models launched since beginning of 2019 and one innovative mobility solution with Citroën Ami The Group is among the best performing OEMs and is compliant with 2020 European… Continue reading @Groupe PSA: Worldwide sales at 1 Million units in the first semester
Recap: Autoliv Q2 Earnings
Shares of Autoliv (NYSE:ALV) fell 1% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share fell 201.45% year over year to ($1.40), which missed the estimate of ($0.85). Revenue of $1,048,000,000 decreased by 51.37% year over year, which missed the estimate of $1,060,000,000. Looking Ahead Earnings guidance hasn’t been issued… Continue reading Recap: Autoliv Q2 Earnings
Autoliv: Financial Report April – June 2020
STOCKHOLM, July 17, 2020 /PRNewswire/ — (NYSE: ALV) and (SSE: ALIV.Sdb) Q2 2020: Adapting to weak but improving LVP Financial highlights Q2 2020 $1,048m net sales48% organic sales decline*(22.3)% operating margin(16.4)% adjusted operating margin*$(2.00) EPS – a decrease of $3.25$(1.40) adjusted EPS* – a decrease of $2.78 Full year 2020 indicationsNo indications will be provided until… Continue reading Autoliv: Financial Report April – June 2020
Electric cars: St Athan confirmed as site for planned battery factory
Plans to build a plant for producing electric car batteries in Wales are a step closer, the firm behind the proposals has said. Britishvolt had also been considering a Coventry site but said it had signed a memorandum of understanding (MOU) with the Welsh Government to build the factory in St Athan, Vale of Glamorgan.… Continue reading Electric cars: St Athan confirmed as site for planned battery factory
@Daimler: 16. Jul 2020Preliminary results for the second quarter 2020 above market expectations
July 16, 2020 – Following a better than expected market recovery and a strong June performance, Daimler Group adjusted EBIT, Mercedes-Benz Cars & Vans adjusted EBIT and Daimler’s Industrial Free Cash Flow for the second quarter of 2020 are all above market expectations. Daimler’s deployment of extensive cash preservation measures plus the favorable demanddriven development… Continue reading @Daimler: 16. Jul 2020Preliminary results for the second quarter 2020 above market expectations
@Tata-JLR: 1.5 MILLION AND COUNTING: JAGUAR LAND ROVER CELEBRATES CLEAN ENGINE MANUFACTURING MILESTONE
*The EMC provides powertrain options across all Jaguar Land Rover models except the Jaguar I-PACE **Government announces Advanced Propulsion Centre funding. https://www.gov.uk/government/news/735-million-to-boost-green-economic-recovery-in-automotive-sector For more information about Destination Zero please visit https://www.jaguarlandrover.com/2019/strategy About Jaguar Land Rover Jaguar Land Rover is the UK’s largest automotive manufacturer, built around two iconic British car brands. Land Rover is the… Continue reading @Tata-JLR: 1.5 MILLION AND COUNTING: JAGUAR LAND ROVER CELEBRATES CLEAN ENGINE MANUFACTURING MILESTONE
Daimler to stop building sedans in the U.S. after second-quarter loss
FRANKFURT (Reuters) – Daimler (DAIGn.DE) will stop building Mercedes-Benz sedans in the United States and Mexico as it seeks deeper cuts after posting a smaller-than-expected quarterly loss. FILE PHOTO: A logo of Mercedes-Benz is seen outside a Mercedes-Benz car dealer, amid the coronavirus disease (COVID-19) outbreak in Brussels, Belgium May 28, 2020. REUTERS/Yves Herman The… Continue reading Daimler to stop building sedans in the U.S. after second-quarter loss