Category: US Motoring Press

CATL unveils sodium-ion batteries, claims 80% charge in 15 minutes

Contemporary Amperex Technology Co Ltd (CATL) has unveiled its first-generation sodium-ion battery, together with its AB battery pack solution, which is able to integrate sodium-ion cells and lithium-ion cells into one pack. Sodium-ion batteries are billed as a new solution for the use of clean energy and transportation electrification, aimed at early realisation of the… Continue reading CATL unveils sodium-ion batteries, claims 80% charge in 15 minutes

Renault CEO says struggling carmaker has come ‘back from hell’

Renault’s chief declared the automaker is firmly on the comeback trail after a record loss, forecasting stable profitability despite the global chip shortage and rising raw material prices. The carmaker has “abandoned the approach of only looking for sheer growth,” Chief Executive Officer Luca de Meo said in a Bloomberg TV interview. “We are actually… Continue reading Renault CEO says struggling carmaker has come ‘back from hell’

Mercedes-Benz extends contract with Capgemini for software development till 2024

French multinational information technology company Capgemini has been awarded a contract extension by Mercedes-Benz until 2024 for the development and maintenance of the core Electric/Electronic Product Data Management (EE-PDM) application in an R&D environment. The EE-PDM application is used for the development and documentation of electronic vehicle components and was implemented by an international team… Continue reading Mercedes-Benz extends contract with Capgemini for software development till 2024

Dana to supply e-drivetrain components to Switch Mobility, also takes 1% stake

Dana, the global leader in drivetrain and e-propulsion systems, and Switch Mobility, the electrified commercial vehicles company and subsidiary of Ashok Leyland, have announced a strategic agreement. Dana is to make a strategic investment in Switch Mobility and will also be a preferred supplier of electric drivetrain components for the company’s e-bus and EV commercial… Continue reading Dana to supply e-drivetrain components to Switch Mobility, also takes 1% stake

GM to restart some production, but keep other plants idle amid chip shortage

General Motors confirmed Wednesday that it will resume its production of full-size pickups starting Monday, but it will keep its midsize SUV plants idled. GM, like all automakers, faces a global shortage of semiconductor chips used in a variety of vehicle parts that is hampering production. But the automaker said its Flint Assembly plant, which builds the Chevrolet Silverado… Continue reading GM to restart some production, but keep other plants idle amid chip shortage

Maruti Suzuki India’s Q1 margin hit due to rising commodity prices

India’s largest carmaker, Maruti Suzuki India’s Q1 margins hit multi-quarter lows and the Q1FY2022 profit slipped significantly from Q4FY2021 due to rising raw material prices.  MSIL’s Q1FY2022 net revenue came in at Rs 16,798.7 crore compared to Rs 3,677.5 crore revenue recorded in Q1FY2021. The jump seems significant on account of a lower base in… Continue reading Maruti Suzuki India’s Q1 margin hit due to rising commodity prices

Ford picks Romulus for $100M battery research center

Ford has selected Romulus as the location for its $100 million Ion Park battery research center. The project is part of a larger “$185 million investment in developing, testing, and building vehicle battery cells and cell arrays.” Ford said it plans to invest $30 billion in electrification by 2025, with a commitment to making Michigan… Continue reading Ford picks Romulus for $100M battery research center

Why Ford’s high-level hiring spree is no accident

This content is only available to subscribers. $1 for 6 Months. Save 98%. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The e-Edition, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that interest you… Continue reading Why Ford’s high-level hiring spree is no accident