Dongfeng, Changan considering merger? Two Chinese state-owned automakers, Dongfeng Motor Group and Chongqing Changan Automobile Company, are understood to be considering a merger to form a stronger company able to compete more effectively on the global stage with rival Chinese automakers such as BYD and Geely, as well as with leading overseas automakers such as… Continue reading Dongfeng, Changan said to be considering merger
Category: Suppliers
China’s carmakers shift up a gear
Not long ago, the message from global carmakers was clear: the internal combustion engine was a relic of the past. A long list of legacy carmakers… Go to Source
Electric Vehicles Today – Lightweight Materials Propel Sustainable Market Growth
The electric vehicle lightweight materials market is witnessing significant growth, driven by innovations such as the launch of aerogel particles for advanced thermal management and next-generation nonwoven fabrics for safer electric vehicle batteries. The market, valued at approximately $6.85 billion in 2023, reflects a strong compound annual growth rate with projections to reach $76.25 billion… Continue reading Electric Vehicles Today – Lightweight Materials Propel Sustainable Market Growth
Tesla Vs. BYD: Tesla Dives To 2025 Low; BYD In Buy Zone On Self-Driving Push
Tesla has sold off to 2025 lows after Q4 earnings. EV giant BYD has surged into a buy zone on the China EV giant’s self-driving push. Go to Source
Why Tesla Stock Continued Its Freefall Today
Tesla (TSLA 3.00%) stock has been in freefall, and that accelerated today. Shares of the electric vehicle (EV) leader are now lower by more than 15% so far this year. As of 1:40 p.m. ET, Tesla shares were down by 5.3% on the day. The recent decline comes as CEO Elon Musk has stayed in… Continue reading Why Tesla Stock Continued Its Freefall Today
China’s BYD links up with DeepSeek in an AI threat to Tesla
Chinese automaker BYD (1211.HK) has inked a deal with DeepSeek to co-develop new autonomous technology, which could be bad news for automakers like Tesla (TSLA). DeepSeek, the China-based generative AI company, has been in the spotlight recently, largely because it offers AI technology comparable with OpenAI’s but reportedly at less expense while requiring fewer resources.… Continue reading China’s BYD links up with DeepSeek in an AI threat to Tesla
Cummins Inc. Declares Quarterly Common Stock Dividend
COLUMBUS, Ind.–(BUSINESS WIRE)–The Board of Directors of Cummins Inc. (NYSE: CMI) today declared a quarterly common stock cash dividend of one dollar and eighty-two cents ($1.82) per share. The dividend is payable on March 6, 2025, to shareholders of record on February 21, 2025. About Cummins Inc. Cummins Inc., a global power solutions leader, is… Continue reading Cummins Inc. Declares Quarterly Common Stock Dividend
Michelin : Disclosure of the total number of voting rights and of the number of shares making up the Company’s capital
Clermont-Ferrand, February 11th, 2025 COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELIN Partnership Limited by Shares (commandite par actions) having a capital of EUR 352,873,636Registered in the CLERMONT-FERRAND Trade and companies register under number 855 200 887Head office: 23, place des Carmes-Déchaux – 63000 Clermont-Ferrand, France Disclosure of the total number of voting rights and of the… Continue reading Michelin : Disclosure of the total number of voting rights and of the number of shares making up the Company’s capital
Michelin : Déclaration du nombre total des droits de vote et du nombre d’actions composant le capital social
Clermont-Ferrand, le 11 février 2025 COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELINSociété en commandite par actions au capital de € 352 873 636855 200 887 R.C.S. CLERMONT-FERRANDSiège social : 23, place des Carmes-Déchaux – 63000 Clermont-Ferrand Déclaration du nombre total des droits de vote et du nombre d’actions composant le capital social(articles L.233-8 du Code… Continue reading Michelin : Déclaration du nombre total des droits de vote et du nombre d’actions composant le capital social
Magna Expands Long-Term Innovation Partnership with Mercedes-Benz
Magna International Inc. Ongoing collaboration underscores commitment to innovation and excellence in the automotive industry Partnership strengthened through development and engineering services up to the production of the all-new electric model of Mercedes-Benz’s iconic off-roader Magna’s eDS Duo electric drive system demonstrates innovative approach to delivering advanced powertrain solutions AURORA, Ontario, Feb. 11, 2025 (GLOBE… Continue reading Magna Expands Long-Term Innovation Partnership with Mercedes-Benz