Driving could become the preserve of the rich as Britain and other countries around the world impose bans on diesel and petrol cars and embrace electrification, the boss of Vauxhall owner Stellantis has warned. The chief executive, who was speaking at a Financial Times conference, hit out at governments for forcing the automotive industry to switch to electric… Continue reading World NM: Electric cars may make driving too expensive for middle classes, warns Vauxhall chief001215
Category: Newswire
Fras-le Announces 1Q21 Results
CAXIAS DO SUL, Brazil, 12 May 2021 /PRNewswire/ — Fras-le S.A. (B3 – “FRAS3”), known as a powerhouse in replacement car parts with a portfolio of iconic products and brands, as well as being the largest manufacturer of friction materials in Latin America and a global leader, has announced its results for the first quarter… Continue reading Fras-le Announces 1Q21 Results
KOA Investor Presentation, May 12 2021
Wed, May 12, 2021 13:20 CET Please find attached the Investor Presentation for Kongsberg Automotive’s May 12th Kongsberg Automotive provides world-class products to the global vehicle industry. Our products enhance the driving experience, making it safer, more comfortable and sustainable. With revenues of EUR 969 million and approximately 11.000 employees in 19 countries, Kongsberg Automotive… Continue reading KOA Investor Presentation, May 12 2021
Kongsberg Automotive reports Q1 2021 results
Wed, May 12, 2021 07:25 CET Kongsberg Automotive ASA will host an earnings conference call at 09:00 CET, today. Highlights Q1 2021: Sales Q1 2021 sales amounted to MEUR 302.8, MEUR 40.7 (15.6%) above Q1 2020, despite negative currency translation effects of MEUR 12.0 At constant currencies, the YoY growth was around 20.1% which is… Continue reading Kongsberg Automotive reports Q1 2021 results
Plastic Omnium signs partnership with Hopium to develop the Māchina hydrogen storage system
LEVALLOIS, France, May 12, 2021 /PRNewswire/ — Plastic Omnium has announced a partnership with Hopium, the French manufacturer of high-end hydrogen cars, to develop the hydrogen storage system for the future Hopium Māchina. This high-end vehicle, first announced in October 2020, aims to be the first French hydrogen-powered sedan to hit the market in 2026.… Continue reading Plastic Omnium signs partnership with Hopium to develop the Māchina hydrogen storage system
Bird, a Category Creator and Leader in Electric Micromobility, to Become A Public Company via Merger with Switchback II Corporation
Travis VanderZanden, founder and CEO of Bird, commented: “Bird was founded with the mission to provide environmentally friendly transportation for everyone. Since 2017, we have driven adoption of micromobility which has resulted in rapid growth. During this time, we have advanced our operating model, supported by proprietary technology and hardware, to scale our mission and reach… Continue reading Bird, a Category Creator and Leader in Electric Micromobility, to Become A Public Company via Merger with Switchback II Corporation
China Automotive Systems Reports 77.0% Net Sales Increase and Return to Profitability in the First Quarter of 2021
WUHAN, China, May 12, 2021 /PRNewswire/ — China Automotive Systems, Inc. (NASDAQ: CAAS) (“CAAS” or the “Company”), a leading power steering components and systems supplier in China, today announced its unaudited financial results for the first quarter ended March 31, 2021. First Quarter 2021 Highlights Net sales rose 77.0% to $130.3 million from $73.6 million in… Continue reading China Automotive Systems Reports 77.0% Net Sales Increase and Return to Profitability in the First Quarter of 2021
Renault Group: Nissan contributes -€73 million for first quarter 2021 to Renault’s earnings
Nissan contributes -€73 million for first quarter 2021 to Renault’s earnings Boulogne-Billancourt, May 11th, 2021 Nissan released today its results for the fourth quarter of fiscal year 2020/2021 (April 1st, 2020 to March 31st, 2021). Nissan’s results, published in Japanese accounting standards, for the fourth quarter of fiscal year 2020/2021 (January 1st to March 31st,… Continue reading Renault Group: Nissan contributes -€73 million for first quarter 2021 to Renault’s earnings
Neoway Technology 5G+C-V2X Full-function Automotive-grade Module A590 Officially Released
SHENZHEN, China, May 11, 2021 /PRNewswire/ — On May 7, 2021, at the Automotive Aftermarket Industry and Tuning Trade Fair, Neoway Technology (Shanghai:688159) officially released the 5G+C-V2X full-function automotive-grade module A590. This further enriches the 5G series products of Neoway Technology, and helps the smart connected vehicle industry accelerate into the 5G era. “With its advantages… Continue reading Neoway Technology 5G+C-V2X Full-function Automotive-grade Module A590 Officially Released
Caterpillar Announces New 2030 Sustainability Goals and Reports Environmental, Social and Governance (ESG) Progress
DEERFIELD, Ill., May 11, 2021 /PRNewswire/ — Caterpillar Inc. (NYSE: CAT) illustrates how it continues to help its customers build a better, more sustainable world in its 2020 Sustainability Report published today. In addition to highlighting the company’s progress through 2020, the report introduces Caterpillar’s new sustainability goals to achieve by 2030. “Caterpillar is well-positioned… Continue reading Caterpillar Announces New 2030 Sustainability Goals and Reports Environmental, Social and Governance (ESG) Progress