TipRanks 3 “Strong Buy” Stocks That Are Flirting With a Bottom In the investing game, it’s not only about what you buy; it’s about when you buy it. One of the most common pieces of advice thrown around the Street, “buy low” is touted as a tried-and-true tactic.Sure, the strategy seems simple. Stock prices naturally… Continue reading VW-backed U.S. battery maker QuantumScape to go public at $3.3 bln valuation
Tag: Strategy
FOCUS-Pandemic e-commerce surge spurs race for ‘Tesla-like’ electric delivery vans
By Nick Carey Sept 9 (Reuters) – Delivery fleet operators face regulatory pressure in California and other states to buy electric vehicles, but a surge in package deliveries thanks to coronavirus lockdowns has major firms itching to switch to electric right now. And they want far more than just battery-powered versions of diesel- or gas-guzzling… Continue reading FOCUS-Pandemic e-commerce surge spurs race for ‘Tesla-like’ electric delivery vans
@Daimler: Mercedes-Benz Wörth plant to start series production of the eActros in 2021
Production of the Mercedes-Benz eActros will take place at Wörth Vehicles with electric drive will be incorporated flexibly into the existing production set-up New range of tasks will be generated in the manufacturing process The eActros: locally CO2-neutral heavy-duty truck for sustainable transport CO2-neutral from 2022: entire Wörth plant shifting to green production Stuttgart / Wörth… Continue reading @Daimler: Mercedes-Benz Wörth plant to start series production of the eActros in 2021
BorgWarner Provides Compact Turbocharger to Equip Volkswagen Nivus
SÃO PAULO, Sept. 23, 2020 /PRNewswire/ — BorgWarner has expanded the supply of its compact B01 turbocharger by equipping the newly launched Volkswagen Nivus crossover. With an EA211 1.0-liter 200 TSI engine, the vehicle features first-of-its-kind turbo technology for the Brazilian market, offering a desired combination of better performance, improved energy efficiency and reduced fuel consumption.… Continue reading BorgWarner Provides Compact Turbocharger to Equip Volkswagen Nivus
Mercedes-Benz Research and Development India selects Capgemini for delivery transformation and operational excellence
Representational image courtesy: Capegemini Global IT-services provider Capgemini has been selected by Mercedes-Benz Research and Development India (MBRDI) to provide application development and maintenance services. The company says the contract was awarded as part of a vendor consolidation exercise, where Capgemini was selected as one of the major partners in this multi-vendor deal, for its… Continue reading Mercedes-Benz Research and Development India selects Capgemini for delivery transformation and operational excellence
VW’s Traton Group strikes a deal with TuSimple to develop autonomous trucks
The Traton Group, Volkswagen AG’s heavy-truck business, has taken a minority stake in TuSimple as part of an agreement between the two companies to develop self-driving trucks. Neither company disclosed the financial terms of the partnership or the percentage of the minority stake. Traton did make a direct capital investment into TuSimple, according to one… Continue reading VW’s Traton Group strikes a deal with TuSimple to develop autonomous trucks
The TRATON GROUP and TuSimple Agreed on Global Partnership for Autonomous Trucks
“The global partnership with TuSimple is another step towards becoming a Global Champion. Innovative future technologies that provide additional value to our customers represent a key part of our strategy,” said Matthias Gründler, Chief Executive Officer at TRATON GROUP. The first test vehicles underway are aiming for Level 4 (high automation). TuSimple has already been… Continue reading The TRATON GROUP and TuSimple Agreed on Global Partnership for Autonomous Trucks
@Ford: The Future Of Music In Cars with Barak Moffitt
By: Alex Roy via the No Parking Podcast Self-driving cars could unlock new opportunities for immersive, in-vehicle entertainment. Barak Moffit is among the crew behind the scenes at Universal Music Group helping imagine how music may one day meet the road. (Pexels) Everyone loves listening to music in cars, and ever since self-driving cars moved from fantasy… Continue reading @Ford: The Future Of Music In Cars with Barak Moffitt
Chinese EV startup WM Motor raises $1.5bn in biggest funding round
HONG KONG — Electric vehicle startup WM Motor, one of China’s ambitious challengers to Tesla, said it raised 10 billion yuan ($1.47 billion) from a group of state-backed investors — among others — after the successful stock market listings of bigger domestic rivals. The latest round of fundraising was led by the investment arm of the… Continue reading Chinese EV startup WM Motor raises $1.5bn in biggest funding round
India: Vehicle rental platform Drivezy in talks to raise up to $35m
The new round will, however, see Drivezy’s post-money valuation drop by nearly a quarter to $100 million, from the $135-million valuation it was seeking in its earlier funding talks in March, said one of the two people mentioned above, who did not wish to be named. “Drivezy is also evaluating shifting its headquarters to UAE… Continue reading India: Vehicle rental platform Drivezy in talks to raise up to $35m