By Park Jae-hyuk Korea Development Bank (KDB) Chairman Lee Dong-gull hinted Monday the state-run bank is still open to offering financial support to HAAH Automotive Holdings. In lieu of HAAH’s detailed investment plan and its commitment to the Korean car manufacturer, KDB is expected to be considering offering some financial help. During the press conference,… Continue reading World NM: KDB open to supporting SsangYong000194
Category: Newswire
MAHLE and Ballard to cooperate on fuel cell development for commercial vehicles
STUTTGART, Germany, Sept. 28, 2020 MAHLE and Canadian fuel cell manufacturer Ballard Power Systems Inc. have agreed to work together on developing fuel cell systems for commercial vehicles of various weight classes. The long-term goal of the cooperation is to manufacture complete fuel cell systems for the European, North American and Asian markets. During the… Continue reading MAHLE and Ballard to cooperate on fuel cell development for commercial vehicles
World NM: Chinese automaker unveils flying electric car000187
Sept. 26 (UPI) — A Chinese auto maker revealed an electric flying vehicle at the 2020 Beijing International Automotive Exhibition Saturday. The car, dubbed the Kiwigogo, can carry up to two passengers and is designed to flow at altitudes between 16 and 82 feet, according to Xpeng Motors, the Alibaba-backed manufacturer that produced the car.… Continue reading World NM: Chinese automaker unveils flying electric car000187
Human Horizons’ Super SUV, HiPhi X, Debuts at 2020 Beijing International Auto Show
Following a five month delay due to the COVID-19 pandemic, the Beijing Auto Show is the first major international auto show to run since the outbreak began. The event is also an opportunity for many local manufacturers to showcase their latest achievements, as well as to display the latest additions from international carmakers. Positioned in the… Continue reading Human Horizons’ Super SUV, HiPhi X, Debuts at 2020 Beijing International Auto Show
World NM: Ather Energy unveils the 450X Series 1 limited edition scooter000183
The 450X will do the 0-40kmph run in 3.3 seconds. The initial batches of Series1 scooters will ship out with black panels and will be upgraded to the translucent panels in May 2021. Go to Source
World NM: Geely Unveils New Platform in Push to Develop Self-Driving Electric Cars000181
Chinese automaker Zhejiang Geely Holding Group Co. Ltd. debuted its first electric-vehicle focused modular platform on Thursday, as part of its five-year plan to produce self-driving electric vehicles. Hong Kong-listed Geely Group has invested over 18 billion yuan ($2.65 billion) in developing the new platform, but it faces stiff competition in the electric vehicle platform… Continue reading World NM: Geely Unveils New Platform in Push to Develop Self-Driving Electric Cars000181
Tenneco Releases Annual Sustainability Report Outlining 2019 Progress and Plans for the Future
As outlined in the report, Tenneco continues to make strides toward improving its Environmental, Social and Governance strategy, including key performance metrics, and evaluating Sustainability Accounting Standards Board (SASB) and other reporting frameworks to drive long-term stakeholder value. Along with these metrics, the company has committed to share best practices and employ continuous improvement initiatives… Continue reading Tenneco Releases Annual Sustainability Report Outlining 2019 Progress and Plans for the Future
Kongsberg Automotive enhances its financial capabilities by an additional “Receivables Securitization” facility
Fri, Sep 25, 2020 18:44 CET We have today, September 25th, entered into an agreement with NORD/LB and Finacity Corporation (“Finacity”) to provide to Kongsberg Automotive Group a committed 60 Million EUR facility with a three years tenure, intended to take effect on October 19th, 2020. The securitization program will finance trade receivables originated by… Continue reading Kongsberg Automotive enhances its financial capabilities by an additional “Receivables Securitization” facility
World NM: Hyundai Motor Group hires ex-PSA powertrain expert000176
Raposo will be responsible for engine, transmission and electrification development for Hyundai Motor Co. and Kia Motors Corp. starting Monday. Raposo served in the R&D division involving powertrain, electric vehicle and battery development at Renault S.A., Nissan Motor Co. and Peugeot carmaker Groupe PSA for 30 years. Hyundai Motor Group has hired former BMW designer… Continue reading World NM: Hyundai Motor Group hires ex-PSA powertrain expert000176
All-Electric Zero Emission Buses from Lightning Systems Now Offered on CALACT Purchasing Contract
LOVELAND, Colo., Sept. 25, 2020 /PRNewswire/ — Communities throughout California can now purchase zero-emission, all-electric (ZEB) shuttle buses and ADA-equipped vans from Lightning Systems on a new California Association for Coordinated Transportation (CALACT) cooperative purchasing contract. Continue Reading Lightning Systems offers battery-electric E-450 shuttle buses and other vehicles on the CALACT contract City and county governments,… Continue reading All-Electric Zero Emission Buses from Lightning Systems Now Offered on CALACT Purchasing Contract