Tata Motors’ India operations continued its strong sequential recovery in the last quarter of FY2021 and Jaguar Land Rover’s business too reflected retail recovery in China and North America in Q4. The consolidated net revenue for Q4 came in at Rs 88,628 crore, up 41.8 percent from the revenue of ₹75,654 crore in the year-ago period. The… Continue reading Tata Motors’ Q4FY2021 revenue up 42 percent, in-line with estimates
Tag: Strategy
@Groupe PSA: PR Stellantis, Foxconn to Develop Breakthrough Digital Cockpits and Personalized Connected Services with Mobile Drive Joint Venture001763
Mobile Drive, with investments from both Foxconn and Stellantis, will accelerate go-to-market timelines for the most advanced in-car and connected-car technologies in the industry Mobile Drive brings together expertise in consumer innovations from the sustainable mobility and advanced electronics industries Joint venture will competitively bid for global vehicle program contracts with Stellantis and other auto… Continue reading @Groupe PSA: PR Stellantis, Foxconn to Develop Breakthrough Digital Cockpits and Personalized Connected Services with Mobile Drive Joint Venture001763
Jaguar Land Rover makes £860m loss after strategy rethink
Jaguar Land Rover made a loss of £860m for its full financial year after its new boss wrote off £1.5bn in a strategy rethink, despite a recovery in sales since the slump at the start of the coronavirus pandemic. JLR would have made a £660m profit in the year to 31 March if not for… Continue reading Jaguar Land Rover makes £860m loss after strategy rethink
Israel’s ElectReon, Stellantis and Iveco to demonstrate potential of wireless EV charging in Italy
Israel-based ElectReon, a leading provider of inductive in-road charging technology for commercial and passenger electric vehicles (parked, slow-moving or driving at speeds) has announced that it will join ‘Arena of the Future’ project in Brescia, Italy where the company will integrate its wireless technology to charge two Stellantis vehicles, and an Iveco bus while driving.… Continue reading Israel’s ElectReon, Stellantis and Iveco to demonstrate potential of wireless EV charging in Italy
The startup born from Google’s self-driving-car project plans to automate semis. Meet the leaders behind it.
Waymo Via is the trucking arm of Waymo, the Alphabet self-driving startup. Insider spoke with three of Waymo Via’s leaders about the company. Trucking is an $800 billion business in the US, so the opportunity to automate it is huge. See more stories on Insider’s business page. Waymo, formerly known as the Google self-driving-car project,… Continue reading The startup born from Google’s self-driving-car project plans to automate semis. Meet the leaders behind it.
@Tata-JLR: STRONG END TO FISCAL 2020/21 WITH SIGNIFICANT Q4 PROFIT AND POSITIVE FREE CASH FLOW
About Jaguar Land Rover: Reimagining the future of modern luxury by design Jaguar Land Rover is reimagining the future of modern luxury by design through its two distinct, British brands. Our current model range embraces fully electric, plug-in hybrid and mild-hybrid vehicles, as well as the latest diesel and petrol engines. Our class-leading Jaguars and… Continue reading @Tata-JLR: STRONG END TO FISCAL 2020/21 WITH SIGNIFICANT Q4 PROFIT AND POSITIVE FREE CASH FLOW
@FCA: Stellantis, Foxconn to Develop Breakthrough Digital Cockpits and Personalized Connected Services with Mobile Drive Joint Venture
Stellantis, Foxconn to Develop Breakthrough Digital Cockpits and Personalized Connected Services with Mobile Drive Joint Venture Mobile Drive, with investments from both Foxconn and Stellantis, will accelerate go-to-market timelines for the most advanced in-car and connected-car technologies in the industry Mobile Drive brings together expertise in consumer innovations from the sustainable mobility and advanced electronics… Continue reading @FCA: Stellantis, Foxconn to Develop Breakthrough Digital Cockpits and Personalized Connected Services with Mobile Drive Joint Venture
Autoliv Expanding Steering Wheel Manufacturing
AUBURN HILLS, Michigan, May 18, 2021 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced plans to construct a new steering wheel manufacturing plant in Aguascalientes, Mexico. When fully operational the 30,000 sqm/322,000 sq ft facility will have the potential to employ up to 3,000 people. “We are… Continue reading Autoliv Expanding Steering Wheel Manufacturing
Canoo is being investigated by the SEC
Canoo, the Los Angeles-based electric vehicle startup that debuted on the Nasdaq public exchange earlier this year, is being investigated by the U.S. Securities and Exchange Commission, just months after its merger with special purpose acquisition company Hennessy Capital Acquisition Corp. The investigation is broad, covering the Hennessy’s initial public offering and merger with Canoo,… Continue reading Canoo is being investigated by the SEC
EV startup Canoo under SEC investigation
The Securities and Exchange Commission has opened an investigation into newly public electric vehicle startup Canoo, CEO Tony Aquila shared on a conference call on Monday. The probe is broad, though the startup said in a regulatory filing that the SEC has characterized it as a “fact-finding inquiry,” and that the agency has not yet… Continue reading EV startup Canoo under SEC investigation