Geely-Proton: READ MORE000038

6 May 2022 CHIP SUPPLY ISSUES DAMPEN PROTON SALES IN APRIL – 8,839 units sold in April ranks second in national sales table- Three models lead their segment as export volume increases Subang Jaya, 6 May 2022 – The second quarter of the year has started off with a challenging month for national car maker… Continue reading Geely-Proton: READ MORE000038

@BMW: 30 years of quality and innovation in tooling and parts production001959

Eisenach. BMW Group Plant Eisenach officially opened for business in 1992. Located in the German state of Thuringia, it has played a major part in the heritage of the BMW Group and seen constant upgrades over the years. It is now the company’s largest tooling facility worldwide. The original tool-making section has been transformed into… Continue reading @BMW: 30 years of quality and innovation in tooling and parts production001959

@niche: Xos, Inc. Reports First Quarter 2022 Results001851

LOS ANGELES, May 05, 2022 (GLOBE NEWSWIRE) — Xos, Inc. (NASDAQ: XOS), a leading manufacturer of 100% battery-electric Class 5 to Class 8 commercial vehicles, today reported financial results for the quarter ended March 31, 2022. Key Financial and Business Highlights: Revenue for the three months ended March 31, 2022 was $7.0 million. Net loss… Continue reading @niche: Xos, Inc. Reports First Quarter 2022 Results001851

@VW Group: Porsche AG acquires stake in innovative producer of battery materials005012

© 2022 Dr. Ing. h.c. F. Porsche AG. *Data determined in accordance with the measurement method required by law. As of 1 September 2018 the Worldwide Harmonised Light Vehicles Test Procedure (WLTP) replaced the New European Driving Cycle (NEDC). Due to the more realistic test conditions, the fuel/electricity consumption and CO₂ emission values determined in accordance… Continue reading @VW Group: Porsche AG acquires stake in innovative producer of battery materials005012

@Nio: NIO Inc. Announces Proposed Secondary Listing on the Singapore Exchange000389

May 5, 2022 NIO Inc. Announces Proposed Secondary Listing on the Singapore Exchange SHANGHAI, China, May 05, 2022 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced the proposed secondary listing of its Class A ordinary… Continue reading @Nio: NIO Inc. Announces Proposed Secondary Listing on the Singapore Exchange000389

@VW Group: Volkswagen Group and SEAT S.A. to mobilize 10 billion euros to electrify Spain005008

The Volkswagen Group and SEAT S.A. will mobilize 10 billion euros, together with their partners in the Future: Fast Forward project, in the event of a positive resolution of the PERTE VEC. This was announced today by Herbert Diess, CEO of the Volkswagen Group, who visited the Parc Sagunt II site, together with Pedro Sánchez,… Continue reading @VW Group: Volkswagen Group and SEAT S.A. to mobilize 10 billion euros to electrify Spain005008

@VW Group: Bentley follows record sales year with best-ever first quarter005009

Bentley Motors today announced record financial results for the first quarter of 2022. The encouraging figures reveal an unparalleled performance by the luxury British marque across the first three months of a year, with operating profits up 162 per cent to €170 million, mirroring the company’s second highest full-year profit figure ever. The announcement follows… Continue reading @VW Group: Bentley follows record sales year with best-ever first quarter005009

@VW Group: Audi Group closes strong first quarter005008

Despite the quarter being marked by ongoing bottlenecks in semiconductor supply, war in Ukraine, and renewed lockdowns in China, the Audi Group is still reporting strong financial figures after the first three months of the year. As a result, the company has further strengthened its financial basis for its transformation towards e-mobility and digitalization. For… Continue reading @VW Group: Audi Group closes strong first quarter005008

@Groupe PSA: PR First Quarter 2022 Shipments and Revenues003691

Stellantis Reports 12% Increase in Q1 2022 Net Revenues Full-Year Guidance Confirmed • Net revenues of €41.5 billion, up 12% compared to €37.0 billion for Q1 2021 Pro Forma(1) reflecting strong pricing and vehicle mix, as well as favorable FX translation effects  • Consolidated shipments(2) of 1,374 thousand units, down 12% primarily due to impact… Continue reading @Groupe PSA: PR First Quarter 2022 Shipments and Revenues003691