Category: OEMs

@Geely: Kandi Technologies Reports 2021 Financial Results

2021 revenue of $91.5 million, net income of $23 million Year-end cash and equivalents of $129 million Explosive growth in self-balancing scooter segment, up over 400% JINHUA, CHINA, March 15, 2022 (GLOBE NEWSWIRE) —  Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ GS: KNDI), today announced its financial results for the full year… Continue reading @Geely: Kandi Technologies Reports 2021 Financial Results

@Daimler: Sales launch for the business avant-garde: the new EQE from Mercedes EQ and Mercedes AMG

Available to order now, at dealers from the end of April Stuttgart/Affalterbach.  With the EQE 350+ (WLTP: combined electrical consumption: 18.7‑15.9 kWh/100 km, combined CO2 emissions: 0 g/100 km)[1] and the Mercedes‑AMG EQE 43 4MATIC (WLTP: combined electrical consumption: 22.5‑19.7 kWh/100 km; combined CO2 emissions: 0 g/km)1, prospective buyers can now order the first two EQE models. Prices start at 70,626.50 and 103,827.50 euros, respectively[2]. The Mercedes‑Benz Bank… Continue reading @Daimler: Sales launch for the business avant-garde: the new EQE from Mercedes EQ and Mercedes AMG

@niche: Sono Motors Enters Series-Validation Phase001720

Components, Vehicle Parameters and the Final Sion Design Have Been Defined On Track With the Ongoing Construction of 37 Sion Series-Validation Vehicles and Bodies in White Vehicles Serve to Further Test, Validate and Certify the Sion, as Well as Optimize Sono Solar Technology The Completion of This Test Fleet in Summer 2022 Sets Sono Motors… Continue reading @niche: Sono Motors Enters Series-Validation Phase001720

AutoNation CEO sees vehicle prices moderating this year – Tampa Bay Times

DETROIT — Prices of new and used automobiles are staggeringly high, and that’s partly responsible for strong earnings last year by AutoNation, the country’s largest dealership group. Mike Manley, CEO of the Fort Lauderdale company, said used-vehicle prices are starting to ease a bit, but he doesn’t think new-vehicle supplies will improve much until the… Continue reading AutoNation CEO sees vehicle prices moderating this year – Tampa Bay Times

@VW Group: Volkswagen Delivers on NEW AUTO Strategy, Laying Basis for 2022004743

CEO Herbert Diess said at Volkswagen‘s annual earnings press conference in Wolfsburg:„The war in the Ukraine is dramatic and causes human tragedy and economic upheaval that we thought we had overcome throughout years of multilateralism and diplomacy,“ Diess said. „Volkswagen has proven its resilience over the past years and will manage this crisis, too. At… Continue reading @VW Group: Volkswagen Delivers on NEW AUTO Strategy, Laying Basis for 2022004743

@Honda: Honda to Install Stationary Fuel Cell Power Station on California Campus

TORRANCE, Calif., March 14, 2022 – Honda today announced plans to install a stationary fuel cell power station on its corporate campus in Torrance, Calif. by early 2023. The station will serve as a proof of concept for the future commercialization of a power generation unit for use as a zero-emission backup power source for… Continue reading @Honda: Honda to Install Stationary Fuel Cell Power Station on California Campus

@Tata-JLR: JAGUAR LAND ROVER GIVES SECOND LIFE TO I-PACE BATTERIES

Notes to editors *McKinsey, Second-life EV batteries: The newest value pool in energy storage **Based on 2019 average annual household electricity consumption 3,772kWh = 72.3kWh per week, Energy Consumption in the UK 1970 to 2019 About Pramac Pramac’s history began in 1966, when the Campinoti family founded a construction equipment company. From its inception, Pramac… Continue reading @Tata-JLR: JAGUAR LAND ROVER GIVES SECOND LIFE TO I-PACE BATTERIES

@VW Group: Volkswagen and Ford expand collaboration on MEB electric platform004742

Ford Motor Company and the Volkswagen Group are expanding their e-mobility partnership. Ford plans to produce another electric model for the European market based on the MEB platform. The automaker will also double its planned MEB volume to 1.2 million units over a six-year timeframe. The agreement was signed as part of the strategic alliance… Continue reading @VW Group: Volkswagen and Ford expand collaboration on MEB electric platform004742

Ford developing clutchless manual gearbox for ICE cars

Ford has filed a patent for a clutchless manual transmission for combustion-engined cars, featuring an automated clutch action that does without a third pedal. The driver can also override the automatic clutch function through a pressure-sensitive gear lever. In the patent files, the gearbox is described as being ‘mounted to the engine block’, indicating that… Continue reading Ford developing clutchless manual gearbox for ICE cars