As part of the alliance that includes Nissan and Renault, Mitsubishi Motors is also targeting cost-savings of more than 100 billion yen over the next three years due to development and procurement efficiencies. TOKYO: Mitsubishi Motors Corp on Monday said its operating profit more than doubled during the third quarter as higher sales in Asia… Continue reading Mitsubishi Motors Q3 profit jumps 19 fold to $865 mn
Tag: Electric vehicles
First look at Ionity ‘ultra-fast’ charging network map of planned stations
Ionity, the new ‘ultra-fast’ joint electric car charging network by BMW, Mercedes, Ford and Volkswagen, is slowly starting to take shape in Europe and now we get to see the map of their planned stations for the first time. Home Solar Power This new network is believed by many to be the most important electric vehicle charging infrastructure effort… Continue reading First look at Ionity ‘ultra-fast’ charging network map of planned stations
Press Release No. 03/2018 – Vehicle registrations in January 2018
date 06/02/2018 Flensburg, 6 February 2018. With 269,429 newly registered Passenger cars ( car ) and with a plus of +11.6 percent were the registrations stronger than a year ago. The share of private registrations (35.1%) rose by +24.5 percent, that of commercial (+4.7 percent) by 64.7 percent. petrol-driven car increased by + 32.1 percent.… Continue reading Press Release No. 03/2018 – Vehicle registrations in January
2018
After profit beat, GM looks to trucks, SUVs to rev up margins
DETROIT (Reuters) – General Motors Co (GM.N) said on Tuesday a richer mix of full-size pickups and mid-size SUVs in North America should help it offset higher commodity costs in 2018 and maintain pretax margins above 10 percent. The automaker posted better-than-expected quarterly results as cost cutting and higher vehicle prices offset a double-digit decline… Continue reading After profit beat, GM looks to trucks, SUVs to rev up margins
Electromobility: Nissan plans more than 20 new electric vehicles
Electric car Nissan Leaf 2018: six new electric and hybrid models 2018 and 2019 (Image: Nisssan) Building more cars in China means more, too electric cars to build. The Japanese automaker Nissan wants to expand in China and is therefore planning to increase its portfolio of electric and hybrid vehicles. Electric Nissan for China: The… Continue reading Electromobility: Nissan plans more than 20 new electric vehicles
Hyundai Motor Company Introduces Its Fuel Cell Electric Vehicle ‘NEXO’ for the First Time.
Hyundai Motor Company introduced its fuel cell electric vehicle, which is the signature vehicle for eco-friendly vehicles, called ‘NEXO’ in South Korea for the first time. It can drive up to 609km with single charge and it can go 107km more than Toyota’s ‘Mirai (total range: 502km)’, which is currently number one in global sales.Hyundai… Continue reading Hyundai Motor Company Introduces Its Fuel Cell Electric Vehicle ‘NEXO’ for the First Time.
Porsche doubles e-mobility investment to over six billion euros by 2022
ATLANTA, Feb. 5, 2018 /PRNewswire/ — Porsche has been putting together an unprecedented future development plan: By 2022, the sports car manufacturer will invest more than six billion euros in e-mobility, focusing on both plug-in hybrids and purely electric vehicles. The decision was made by the Porsche AG Supervisory Board at its most recent meeting. “We… Continue reading Porsche doubles e-mobility investment to over six billion euros by 2022
GM races to build a formula for profitable electric cars
By Paul Lienert and Joseph White DETROIT (Reuters) – General Motors Co Chief Executive Mary Barra has made a bold promise to investors that the Detroit automaker will make money selling electric cars by 2021. What Barra has not explained in detail is how GM intends to do what, so far, no major automaker has… Continue reading GM races to build a formula for profitable electric cars
Big portion of future GM electric vehicles for China market: executive
DETROIT (Reuters) – General Motors Co’s China unit will sell a “substantial portion” of the automaker’s future electric vehicles, GM China President Matt Tsien said on Wednesday. In a briefing at GM headquarters, Tsien said, “China is at the heart of our electrification strategy.” Tsien did not say which GM brands would sell electric vehicles… Continue reading Big portion of future GM electric vehicles for China market: executive
Europcar Launches Pay-by-the-Hour Carsharing in Scotland
Europcar U.K.’s new pay-by-the-hour carsharing service has launched in several locations in Scotland, including the city of Inverness. Photo via Wikimedia/Hartmut Josi Bennohr Europcar U.K. has launched a pay-by-the hour carsharing service, Europcar Hourly Hire, in the Highlands and Islands of Scotland, according to a report by Fleet News. Europcar has partnered with Highlands & Islands… Continue reading Europcar Launches Pay-by-the-Hour Carsharing in Scotland