TOKYO, Mar 10, 2021 – (JCN Newswire) – As announced by the Alliance, MITSUBISHI MOTORS CORPORATION (MMC) has decided to procure two OEM-model vehicles for Europe from an Alliance member, Groupe Renault. MMC will introduce them to selected markets in Europe through its sales network, aiming for 2023. The specific OEM-models and market selection are… Continue reading @Mitsubishi: MITSUBISHI MOTORS to Procure OEM-models from Renault for Europe
Tag: Strategy
Geely taps Foxconn’s playbook to build EVs for other carmakers
BEIJING — Geely, China’s largest private-sector automaker, has taken the first step toward becoming the Foxconn of electric vehicles. Geely and Foxconn, the Taiwanese Apple assembler, are establishing a 50-50 joint venture that will manufacture whole electric vehicles for clients as well as parts. Just like Foxconn did with iPhones, Geely will pursue an economy… Continue reading Geely taps Foxconn’s playbook to build EVs for other carmakers
Chinese EV startups’ sales accelerate despite pressure from Tesla
HONG KONG — China’s emerging electric vehicle brands have reported strong sales and narrowed losses last year despite Tesla’s aggressive pricing strategy to gain customers in the world’s largest auto market. While overall car sales have declined for three consecutive years in China due to a slowing economy, sales of electric vehicles are still growing… Continue reading Chinese EV startups’ sales accelerate despite pressure from Tesla
Volkswagen hikes battery cell demand in aggressive EV expansion
By Jan Schwartz, Christoph Steitz 2 Min Read Slideshow ( 2 images ) FRANKFURT (Reuters) – Volkswagen requires about 300 gigawatt hours (GWh) worth of battery cells a year by the end of the decade for its ambitious roll out of electric vehicles in Europe, two people familiar with the matter told Reuters. The supply… Continue reading Volkswagen hikes battery cell demand in aggressive EV expansion
Solving the Plastics Problem: Cox Enterprises Invests in Nexus Fuels
Recent reports by the American Chemistry Council, Plastics News, McKinsey & Company, Inc., and others highlight the urgency of addressing environmental challenges posed by the growth in plastics waste. Nexus proves that plastics can positively meet society’s needs in their original form and then be converted into new products like furniture, home appliances and medical equipment… Continue reading Solving the Plastics Problem: Cox Enterprises Invests in Nexus Fuels
Accelerating the e-mobility transition in India
The Paris Declaration on Electro-Mobility & Climate Change, 2015, was a defining moment in the history of climate action. While acknowledging over 23 percent of the transport sector’s contribution to the world’s energy-related greenhouse gas emission profile, the international covenant resolved to limit global temperature spike to below 2 degree celsius. However, the International Energy Agency… Continue reading Accelerating the e-mobility transition in India
Volkswagen strategy chief Jost quits to focus on building smart boats
By Reuters Staff 2 Min Read FILE PHOTO: A logo of German carmaker Volkswagen is seen on a car parked on a street in Paris, France, July 9, 2020. REUTERS/Christian Hartmann HAMBURG (Reuters) – Volkswagen strategy chief Michael Jost will quit after more than a decade with the group, he said on his website, adding… Continue reading Volkswagen strategy chief Jost quits to focus on building smart boats
Valmet introduces its climate program – Forward to a carbon neutral future
HELSINKI, Finland, March 10, 2021 /PRNewswire/ — Valmet introduces its climate program – Forward to a carbon neutral future – in the company’s Capital Markets Day on March 10, 2021. The program continues Valmet’s comprehensive work for sustainability. Valmet’s climate program includes ambitious CO₂ emission reduction targets and concrete actions for the whole value chain, including… Continue reading Valmet introduces its climate program – Forward to a carbon neutral future
G.M. Will Sell Only Zero-Emission Vehicles by 2035
G.M.’s move appears to follow a pattern by Ms. Barra of responding quickly to changes in the White House. It was Ms. Barra who, in the early days of the Trump administration, met with the new president in the Oval Office and asked him to roll back the tough Obama tailpipe pollution rules. Four years… Continue reading G.M. Will Sell Only Zero-Emission Vehicles by 2035
@McLaren: All-new McLaren Artura will be as compelling to own as it is to drive000092
9 Mar 2021 Comprehensive warranty package of 5-year vehicle, 6-year hybrid battery and 10-year body cover, plus a 3-year service plan as standard1 CO2 emissions of 129 g/km* and fuel economy of 50+mpg* represent ground-breaking efficiency for a supercar, benefiting purchase price and cost of ownership Electric power-only driving range of 30km/19 miles* for zero-emissions motoring… Continue reading @McLaren: All-new McLaren Artura will be as compelling to own as it is to drive000092