• Hyundai Motor Group is the latest shareholder to join IONITY, a joint venture that builds and operates a network of high-powered EV charging stations across Europe• Expanding the charging infrastructure is expected to reduce drivers’ concerns about range and to encourage more people to switch to electro-mobility• The charging network uses 100 percent renewable… Continue reading @Hyundai: Hyundai Motor Group joins IONITY, Europe’s leading high-power charging network for electric vehicles
Tag: Strategy
VW CEO says existential electric race awaits after pandemic
Volkswagen AG Chief Executive Officer Herbert Diess vowed to pursue a sweeping transition to electric cars, declaring it a matter of survival even as the coronavirus risks upending business in the near term. While the world’s largest carmaker has a “healthy order bank,” its development in the coming months hinges on major economies controlling the… Continue reading VW CEO says existential electric race awaits after pandemic
@Daimler: Daimler Sustainability Dialogue 2020: Exchange on sustainability also in challenging times
More than 200 participants discuss topics such as climate action, data responsibility and respect of human rights as important components of sustainable mobility Sustainability in times of Covid-19 as another focus of the 13th edition of the Daimler Sustainability Dialogue Event digital for the first time this year with publicly accessible sustainability marketplace Stuttgart –… Continue reading @Daimler: Daimler Sustainability Dialogue 2020: Exchange on sustainability also in challenging times
Ajay Kapur: ‘Indian OEMs have a huge opportunity to scale up their use of aluminium, which comes with its ‘green’ benefits.’
How much does aluminium comprise in the overall weight of a typical passenger vehicle — a midsized sedan or an SUV?Globally, transportation accounts for the largest share of aluminium consumption at 27 percent. Although the demand for aluminium in automobiles has always been there, it surged after the oil crisis of 1970s. Obsessed with fuel… Continue reading Ajay Kapur: ‘Indian OEMs have a huge opportunity to scale up their use of aluminium, which comes with its ‘green’ benefits.’
VW braces for EU fine for missing CO2 emissions reduction target – Automotive News Europe
Volkswagen Group expects to be fined by the European Union this year for failing to achieve its CO2-reduction target for its new-car fleet — despite the automaker’s deal to pool emissions with Chinese-owned UK brand MG Motor. “We cannot provide a clear commitment at this point that we will achieve compliance. It will be a… Continue reading VW braces for EU fine for missing CO2 emissions reduction target – Automotive News Europe
The Volvo Group commits to the Science Based Targets initiative
GÖTEBORG, Sweden, Nov. 5, 2020 /PRNewswire/ — The Volvo Group is taking the next step in adjusting and future-proofing the company in line with the ambitions of the Paris Climate Agreement. The ambition is that Volvo Group will be a net-zero emissions company by 2050, at the very latest. In order to be transparent on… Continue reading The Volvo Group commits to the Science Based Targets initiative
Valmet Automotive expands production capacity of battery packs in Salo
Valmet Automotive is extending the battery plant in Salo, Finland after less than 12 months of operation to meet the needs of increased production volumes of battery packs. The extension will increase the production capacity of battery packs and double the number of employees in the next few years. The construction work has already started and will… Continue reading Valmet Automotive expands production capacity of battery packs in Salo
China Tech Digest: NIO Plans Overseas Push, Chinese Data Center Firm Re-Lists In Hong Kong
NIO plans overseas push Chinese EV maker NIO is preparing to build an overseas business unit, and plans to sell its models in Europe. According to informed sources, the first overseas NIO House, its exhibition store, may be opened in Copenhagen, Denmark. Another person familiar with the matter said that NIO currently has a team… Continue reading China Tech Digest: NIO Plans Overseas Push, Chinese Data Center Firm Re-Lists In Hong Kong
Acquisition Of Team Wendy By Avon Rubber p.l.c. Now Closed
Together, Avon Protection and Team Wendy are a global leader in head protection systems for the military and first responder markets, following Avon Protection’s acquisition of 3M’s ballistic protection business and the Ceradyne brand earlier this year. “Today we start an exciting new chapter for Team Wendy that will usher in new opportunities for our… Continue reading Acquisition Of Team Wendy By Avon Rubber p.l.c. Now Closed
Ford exec reveals company has no plans to make all-electric Super Duty pickup trucks
Ford Motor Co. does not intend to build all-electric Super Duty pickup trucks, a top Ford executive told industry analysts Monday. “At the moment, we do not have any plans to go into heavy duty with battery-electric vehicles,” said Kumar Galhotra, president, Americas and International Markets Group, during a forum hosted by Dan Levy of Credit Suisse. The bestselling… Continue reading Ford exec reveals company has no plans to make all-electric Super Duty pickup trucks