@Geely: Kandi Technologies Reports Second Quarter 2021 Financial Results

–Revenue of approx. $30 million, +54% y/y––Net Income of approx. $41 million ($0.54 per fully diluted share), +900% y/y––Working Capital of approx. $300 million, cash1 totaled $202.4 million — JINHUA, CHINA, Aug. 09, 2021 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ GS: KNDI), today announced financial results for the… Continue reading @Geely: Kandi Technologies Reports Second Quarter 2021 Financial Results

@Geely: Kandi Receives Final Payment from Fengsheng Sale

JINHUA, CHINA, Sept. 13, 2021 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ GS: KNDI), today announced that it received the final payment from the sale of its 22% equity in Fengsheng Automotive Technologies Group Co., Ltd. back to Geely. According to the Equity Transfer Agreement, Kandi sold back its… Continue reading @Geely: Kandi Receives Final Payment from Fengsheng Sale

@VW Group: Porsche to present its future-driven Mission R concept study003811

06/09/2021 Right on time for the start of the IAA MOBILITY 2021 in Munich (from 7 to 12 September), Porsche is to provide a spectacular look into the automotive future. The Mission R concept car combines state-of-the-art technologies and sustainable materials, such as natural fibre-reinforced plastics, with a passion for racing. In addition to a… Continue reading @VW Group: Porsche to present its future-driven Mission R concept study003811

@VW Group: Construction begins on world’s first integrated commercial plant for producing eFuels003810

© 2021 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… Continue reading @VW Group: Construction begins on world’s first integrated commercial plant for producing eFuels003810

German FAZ: Skoda is building 100,000 fewer cars than planned due to a lack of chips 001891

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@VW Group: Audi discusses social aspect of autonomous driving with experts at the IAA003807

The steering wheel retracts as if by magic, the driver’s seat slides into a comfortable position, and the car keeps on driving by itself. With its fully electric show car, the Audi grandsphere concept, the premium carmaker is showing at the IAA how the interior of the vehicle will change in the future as the… Continue reading @VW Group: Audi discusses social aspect of autonomous driving with experts at the IAA003807

@VW Group: Vocational training at Audi: launching the careers of tomorrow003806

This fall, 694 vocational trainees and 42 cooperative education students will take the first step toward launching their careers at Audi’s Ingolstadt and Neckarsulm sites. Thanks to customized training content, the digital transformation is starting right at the beginning of their professional activities – just like in 2020, for example, young people are once again… Continue reading @VW Group: Vocational training at Audi: launching the careers of tomorrow003806

@Toyota: Changes to Production Plans for September and October 2021

Due to a shortage of certain parts caused by the spread of COVID-19 in Southeast Asia, Toyota is making further adjustments to our production operations for September, and is reviewing our production plans for October. As for September, it is in addition to the adjustment of production operations announced on Aug. 19. We sincerely apologize… Continue reading @Toyota: Changes to Production Plans for September and October 2021