NINGDE, China, July 31, 2020 /PRNewswire/ — Contemporary Amperex Technology Co. Limited (CATL) <300750.SZ> and Trailer Dynamics GmbH (Trailer Dynamics) have signed a battery supply agreement for a new way to electrify long-haul trucks. According to the agreement, CATL will develop, manufacture, and supply batteries for the Newton eTrailer, which will launch in 2023 to… Continue reading CATL to supply batteries to Trailer Dynamics to accelerate road transport electrification in Europe
Category: Newswire
Visteon Announces Second-Quarter 2020 Results
Net sales of $371 million; 48% reduction Y/Y excluding currencyIndustry production down 45% Y/Y; Visteon customers down 53% Y/YVisteon sales outperformed customer production by five percentage points$1.7 billion in new business and 21 new product launches YTDCash of $759 million; no significant near-term debt maturitiesVAN BUREN TOWNSHIP, Mich., July 30, 2020 (GLOBE NEWSWIRE) — Visteon… Continue reading Visteon Announces Second-Quarter 2020 Results
GROUPE RENAULT: Communication about availability – Documents relating to H1 2020 financial results communication
Communication about availability – H1 2020 financial resultsBoulogne, July 30, 2020Renault announces today its H1 2020 financial results. The following documents are available on Renault website https://group.renault.com/en/finance-2/financial-information/documents-and-publications/ :Press releaseEarnings reportH1 2020 financial results presentationLuca de Meo’s speech scriptAttachmentRenault _ Availability Publication H1 2020 Go to Source
ALYI Strategic Financing Outlook Propelled By Surge In EV Investment Interest
DALLAS, July 30, 2020 /PRNewswire/ — Alternet Systems, Inc. (USOTC: ALYI) today highlighted that its video presentation scheduled for tomorrow to detail the company’s strategic financing partnership with RevoltTOKEN enjoys being timed with a market that is very receptive to investment in electric vehicle ventures. Electric SUV maker Li, just announced raising $1.1 billion. The share… Continue reading ALYI Strategic Financing Outlook Propelled By Surge In EV Investment Interest
New division and change in ZF’s Board of Management: E-mobility strengthened as one of ZF’s core businesses
Stephan von Schuckmann has been in charge of the Car Powertrain Technology Division based in Saarbrücken, Germany since Autumn 2018. The business administration graduate joined the ZF Group in 2003 and has held various management positions including Commercial Director of ZF Lenksysteme Hungária Kft. in Eger, Hungary, and Head of the Global Aftermarket and Small-Series… Continue reading New division and change in ZF’s Board of Management: E-mobility strengthened as one of ZF’s core businesses
Li Auto IPO: Blazing a Different Trail
As Li Auto’s first investor, what I saw was the practicality of Li Auto’s product strategy. From Day 0, Li Auto made a bold decision to focus on extended-range electric vehicles (EREVs) rather than pure electric models, which was the common strategy adopted by peers. Pure battery electric vehicles face structural challenges currently with limited… Continue reading Li Auto IPO: Blazing a Different Trail
Lightning Systems Launches New Energy Division to Provide Charging Solutions to Fleets
LOVELAND, Colo., July 30, 2020 /PRNewswire/ — Lightning Systems, a developer and manufacturer of zero-emission commercial electric vehicles, announces the launch of Lightning Energy, a new division of the Colorado-based company that offers charging technologies and services to commercial and government fleets. Continue Reading Lightning Energy provides everything needed for charging electric commercial fleet vehicles Lightning Systems’… Continue reading Lightning Systems Launches New Energy Division to Provide Charging Solutions to Fleets
AAM Supplies Electric Drive Unit for New Baojun E300 Plus in China
DETROIT, July 30, 2020 /PRNewswire/ — American Axle & Manufacturing’s Electric Drive technology powers the all-electric Baojun E300 Plus from SAIC-GM-Wuling. The new 4-seat minicar went on sale recently in China. The E300 Plus is powered by a 40 kW Electric Drive Unit manufactured at Liuzhou AAM Automotive Driveline System Co., Ltd. in a state-of-the-art manufacturing… Continue reading AAM Supplies Electric Drive Unit for New Baojun E300 Plus in China
Stoneridge Reports Second-Quarter 2020 Results
NOVI, Mich., July 29, 2020 /PRNewswire/ — 2020 Second-Quarter Results Loss per share (“EPS”) of ($0.81) Adjusted EPS of ($0.55) Sales of $99.5 million Gross profit of $13.3 million Adjusted gross profit of $14.4 million (14.5% of sales) Operating loss of ($26.8) million Adjusted operating loss of ($19.1) million ((19.2%) of sales) Adjusted EBITDA… Continue reading Stoneridge Reports Second-Quarter 2020 Results
World’s leading automotive camera producer ZF launches next-generation ADAS cameras
Among the first ever cameras to offer the capability of a 100-degree horizontal field of view, the S-Cam4.8 represents another important step forward in meeting future Euro NCAP 5-Star Safety Ratings and IIHS Top Safety Pick+ requirements as well as General Safety Regulations that require increasingly stringent test protocols for safety critical systems. “The S-Cam 4.8… Continue reading World’s leading automotive camera producer ZF launches next-generation ADAS cameras