German Manager Magazin: Customcells: Dirk Abendroth gets Porsche stake on board001797

The Porsche holding Customcells brings a specialist for electromobility to the top. Dirk Abendroth will become the new CEO, the Tübingen company announced on Friday. Customcells is a spin-off of the Fraunhofer Institute and with around 150 employees develops high-performance battery cells for the automotive, marine, aviation, oil and gas industries. The VW subsidiary Porsche… Continue reading German Manager Magazin: Customcells: Dirk Abendroth gets Porsche stake on board001797

Northvolt producing first commercial electric vehicle battery in Europe

Northvolt has started producing battery cells for electric vehicles for the first time in Europe. It is expected to bring some changes in the European electric vehicle market, which has largely depended on three Korean battery companies and Panasonic from Japan. Northvolt announced that they have started commercial production and shipment of battery cells since… Continue reading Northvolt producing first commercial electric vehicle battery in Europe

@Nissan: 2022/05/20 Nissan, Mitsubishi Motors, and NMKV Hold Line-Off Ceremony for New Kei EV …000752

2022/05/20 Nissan Motor Co., Ltd.Mitsubishi Motors CorporationNMKV Co., Ltd. KURASHIKI, Okayama, Japan, May 20, 2022 – Nissan Motor Co., Ltd. (hereafter, Nissan), Mitsubishi Motors Corporation (hereafter, Mitsubishi Motors), and NMKV Co., Ltd. (hereafter, NMKV) held a line-off ceremony today for the new Kei or mini electric vehicle (EV) to be released by Nissan and Mitsubishi… Continue reading @Nissan: 2022/05/20 Nissan, Mitsubishi Motors, and NMKV Hold Line-Off Ceremony for New Kei EV …000752

Arrival unveils prototype of dedicated ride-hail vehicle at TC Sessions: Mobility

Arrival, the U.K.-based commercial electric vehicle company, unveiled the first prototype of its purpose-built electric vehicle for ride-hailing on the TechCrunch Sessions: Mobility stage on Thursday. The company, which is perhaps best known for its potentially revolutionary goal of building multiple automated microfactories to produce vehicles regionally and locally rather than one big production line,… Continue reading Arrival unveils prototype of dedicated ride-hail vehicle at TC Sessions: Mobility

Europa Wire: Indian SUV maker Mahindra plans to use MEB electrical components from Volkswagen for its new Born Electric Platform 000314

Signing of the Partnering Agreement: Thomas Schmall, Volkswagen Group Board of Management member for Technology and Rajesh Jejurikar, Executive Director, Auto and Farm Sectors, Mahindra and Mahindra Ltd. (front row, from right to left) Indian SUV major Mahindra intends to equip its Born Electric Platform with MEB electric components from Volkswagen. Partnering agreement signed in… Continue reading Europa Wire: Indian SUV maker Mahindra plans to use MEB electrical components from Volkswagen for its new Born Electric Platform 000314

Lordstown Motors Stockholders Elect Two New Independent Directors

The Board of Directors has also combined the roles of Chairman of the Board and CEO and current CEO, Daniel A. Ninivaggi, will serve in this capacity, effective following the annual meeting.  David T. Hamamoto, a current independent director and Chairman of the Nominating and Corporate Governance Committee of the Board, will serve as lead… Continue reading Lordstown Motors Stockholders Elect Two New Independent Directors

@VW Group: Lamborghini on World Bee Day005079

Technological innovations for the study of bees and CO2 analysis Sant’Agata Bolognese, 19 May 2022 – On the occasion of World Bee Day on 20 May, the growing population of 600,000 Lamborghini bees is busy monitoring CO2 levels in the area surrounding the super sports car manufacturer’s Sant’Agata Bolognese headquarters. With 13 hives established in… Continue reading @VW Group: Lamborghini on World Bee Day005079

Lear Acquires Leading Seating Materials Specialist Thagora

Thagora’s proprietary solutions will complement Lear’s sustainable manufacturing processes by reducing scrap and lowering energy usage during production. In addition, Thagora’s Industry 4.0 technology brings significant advances to manufacturing operations through engineering and logistics, including improved material traceability, and facility footprint utilization. “Thagora offers Lear access to scalable, smart-manufacturing tools that will be a valuable addition… Continue reading Lear Acquires Leading Seating Materials Specialist Thagora

Grab Reports First Quarter 2022 Results

Outperformed Q1 GMV and TPV guidance for deliveries, mobility and financial services GMV of $4.8 billion, grew 32% year-over-year (“YoY”) Revenue $228 million, up 6% YoY Loss for the period of $435 million, a 35% improvement YoY SINGAPORE, May 19, 2022 – Grab Holdings Limited (NASDAQ: GRAB) today announced financial results for the quarter ended… Continue reading Grab Reports First Quarter 2022 Results

German Manager Magazin: Tesla, Twitter bots, Audi, Lufthansa, ESG: manage:mobility from manager magazin001792

There is no longer any doubt about Tesla’s success. As is well known, the US electric car manufacturer is worth more on the stock exchange than the relevant competition put together. The narrative of the successful tech company, which has the most visionary boss ever in Elon Musk (50), apparently also spread an army of… Continue reading German Manager Magazin: Tesla, Twitter bots, Audi, Lufthansa, ESG: manage:mobility from manager magazin001792