Large vehicles are considered some of the toughest to electrify. But Pierce, the largest maker of firetrucks in North America, is giving it a try. Pierce has already delivered its Volterra electric firetruck to numerous fire departments across the country and has more on the way. It is part of a larger electrification plan by… Continue reading How a specialty vehicle manufacturer is electrifying firetrucks
Category: US Motoring Press
Lotus to rival Tesla Superchargers with its own ultra-rapid EV charging network
Lotus has committed to launching its own network of super-rapid electric-car chargers, with the first European sites due to go live towards the middle of next year. The chargers, rated at up to 450kW, will be among the fastest available, capable of adding almost 90 miles of range in “approximately five minutes” to the brand’s… Continue reading Lotus to rival Tesla Superchargers with its own ultra-rapid EV charging network
Autocar magazine 29 November: on sale now
This week in Autocar, we’ve got the lowdown on the replacement for Ferrari’S 812, drive the new Rolls-Royce Spectre on the trail of Henry Royce, ask what the future of petrol stations might look like, and much more. News Ferrari is in the final stages of developing its long-awaited successor to the 812 Superfast, and… Continue reading Autocar magazine 29 November: on sale now
Toyota Group to sell US$ 4.7 billion sale of Denso stake: Report
Toyota Motor and two affiliates plan to sell about 10 percent of components maker Denso by year-end, a stake likely worth aboutUS US$ 4.7 billion, news agencies have reported. The sale of shares in Denso comes as the world’s top selling automaker looks to ramp up production of fully electric vehicles, which is a capital-intensive… Continue reading Toyota Group to sell US$ 4.7 billion sale of Denso stake: Report
Toyota Group to sell US$ 4.7 billion sale of Denso stake: Report
Toyota Motor and two affiliates plan to sell about 10 percent of components maker Denso by year-end, a stake likely worth aboutUS US$ 4.7 billion, news agencies have reported. The sale of shares in Denso comes as the world’s top selling automaker looks to ramp up production of fully electric vehicles, which is a capital-intensive… Continue reading Toyota Group to sell US$ 4.7 billion sale of Denso stake: Report
Toyota Group to sell US$ 4.7 billion sale of Denso stake: Report
Toyota Motor and two affiliates plan to sell about 10 percent of components maker Denso by year-end, a stake likely worth aboutUS US$ 4.7 billion, news agencies have reported. The sale of shares in Denso comes as the world’s top selling automaker looks to ramp up production of fully electric vehicles, which is a capital-intensive… Continue reading Toyota Group to sell US$ 4.7 billion sale of Denso stake: Report
Toyota Group to sell US$ 4.7 billion sale of Denso stake: Report
Toyota Motor and two affiliates plan to sell about 10 percent of components maker Denso by year-end, a stake likely worth aboutUS US$ 4.7 billion, news agencies have reported. The sale of shares in Denso comes as the world’s top selling automaker looks to ramp up production of fully electric vehicles, which is a capital-intensive… Continue reading Toyota Group to sell US$ 4.7 billion sale of Denso stake: Report
Volkswagen Boss says VW brand no longer financially competitive, need to trim staff and costs: Report
German auto major Volkswagen’s boss Thomas Schaefer has said that high costs and low productivity were making its cars uncompetitive, on account of which it was negotiating a cost cutting scheme at the VW brand with its workers council, Reuters reported. The company had previously said it planned to take advantage of the “demographic curve”… Continue reading Volkswagen Boss says VW brand no longer financially competitive, need to trim staff and costs: Report
Siemens’ net profit jumps 36% and revenue by 25% in Q4 FY2023
Siemens Limited, which offers services to automotive and other sectors, reported on Tuesday a net profit of Rs 534 crore during Q4 FY23, which is a 36% jump over the same period last year. The company’s revenue during the same period stood at Rs 5,297 crore, a 25% YoY increase. As per a statement issued… Continue reading Siemens’ net profit jumps 36% and revenue by 25% in Q4 FY2023
Government set to launch first-ever auction of critical mineral blocks
The Ministry of Mines is scheduled to initiate the inaugural tranche auction of critical and strategic minerals on November 29, 2023. Pralhad Joshi, the Union Minister of Coal, Mines, and Parliamentary Affairs, will inaugurate the auctioning process for 20 blocks of critical and strategic minerals, as announced by the ministry in a statement. Details regarding… Continue reading Government set to launch first-ever auction of critical mineral blocks