Ford Motor Co. CEO Jim Farley is looking further afield than the Dearborn automaker’s traditional rivals as the company charts a future defined by electric, digitally-connected vehicles: namely, to China. “We see the Chinese as the main competitor, not GM or Toyota,” said Farley, speaking at a Morgan Stanley conference Thursday. The comment came in… Continue reading Ford’s Farley: ‘We see the Chinese as the main competitor, not GM or Toyota’
Category: US Motoring Press
Stellantis invests in lithium-sulfur battery maker Lyten for better range, payload
The venture capital arm of the maker of Jeep SUVs, Ram pickup trucks and other vehicles said Thursday it’s investing in a California-based lithium-sulfur battery startup that says its technology could double the energy density of current electric-vehicle batteries, benefiting range and payload. The investment into Lyten Inc. is the 10th by Stellantis Ventures, which… Continue reading Stellantis invests in lithium-sulfur battery maker Lyten for better range, payload
Payne: VinFast VF 8 is an affordable Tesla knock-off
This content is only available to subscribers. Get unlimited digital access. $1 for the first 3 months. Subscribe Now Your subscription supports: Trusted, up-to-date local Detroit and Michigan-wide breaking news. Accurate, fact-based journalism without an agenda, so you get the information you need to make informed decisions. Complete coverage and commentary on Michigan politics from… Continue reading Payne: VinFast VF 8 is an affordable Tesla knock-off
Honda Cars India to increase prices of City and Amaze by 1% from June: Report
Honda Cars India said yesterday that it will increase the prices of its City and Amaze by up to 1 percent from June, PTI reported. This hike in prices of sedans is being undertaken to mitigate the impact of increased cost pressures, PTI stated. “While our endeavour is to partially offset the increase, it has become… Continue reading Honda Cars India to increase prices of City and Amaze by 1% from June: Report
Stellantis invests in Lyten’s innovative lithium-sulphur EV battery tech
Stellantis and Lyten have announced today that Stellantis Ventures, the corporate venture fund of Stellantis, has invested in Lyten to accelerate the commercialisation of Lyten 3D graphene applications for the mobility industry, including the LytCell lithium-sulphur EV battery, lightweighting composites, and novel on-board sensing. Lyten, a Silicon Valley-based pioneer of three-dimensional (3D) graphene, will leverage… Continue reading Stellantis invests in Lyten’s innovative lithium-sulphur EV battery tech
Stellantis invests in Lyten’s innovative lithium-sulphur EV battery tech
Stellantis and Lyten have announced today that Stellantis Ventures, the corporate venture fund of Stellantis, has invested in Lyten to accelerate the commercialisation of Lyten 3D graphene applications for the mobility industry, including the LytCell lithium-sulphur EV battery, lightweighting composites, and novel on-board sensing. Lyten, a Silicon Valley-based pioneer of three-dimensional (3D) graphene, will leverage… Continue reading Stellantis invests in Lyten’s innovative lithium-sulphur EV battery tech
Capri Loans acquires 51% stake in CarLelo for Rs 150 crore
Capri Global Holdings (CGHL), the holding company for Capri Global Capital, a non-banking financial company with the brand name Capri Loans, has expanded its national footprint by acquiring a 51% stake in the online new car selling platform CarLelo, for Rs 150 crore. This investment is a testament to our commitment to driving the growth… Continue reading Capri Loans acquires 51% stake in CarLelo for Rs 150 crore
Ola Electric targeting IPO by year end, ropes in Goldman, Kotak: Report
Electric two-wheeler firm Ola Electric is looking to list on the bourses by the year-end, and has roped in Kotak alongside Goldman Sachs to manage the IPO, Reuters reported citing a person with direct information on the issue. The Indian company which has funding from SoftBank Group Corp, and Tiger Management amongst others, was given… Continue reading Ola Electric targeting IPO by year end, ropes in Goldman, Kotak: Report
Enigma Launches High-Speed Electric Scooter GT 450 Pro at Rs 89,000 and Crink V1 at Rs 94,000
Enigma, an electric vehicle manufacturer, has launched the high-speed variants of Crink and GT450 series. The GT450 variant will start at Rs 89,000, while the Crink V1 variant will commence at Rs 94,000. The company will extend a special offer to the first 1,000 customers, granting them an additional complimentary service, as a token of appreciation… Continue reading Enigma Launches High-Speed Electric Scooter GT 450 Pro at Rs 89,000 and Crink V1 at Rs 94,000
Enigma Launches High-Speed Electric Scooter GT 450 Pro at Rs 89,000 and Crink V1 at Rs 94,000
Enigma, an electric vehicle manufacturer, has launched the high-speed variants of Crink and GT450 series. The GT450 variant will start at Rs 89,000, while the Crink V1 variant will commence at Rs 94,000. The company will extend a special offer to the first 1,000 customers, granting them an additional complimentary service, as a token of appreciation… Continue reading Enigma Launches High-Speed Electric Scooter GT 450 Pro at Rs 89,000 and Crink V1 at Rs 94,000