More than 2,700 new EV charging plugs will triple the size of the nation’s largest public fast charging network DETROIT and LOS ANGELES – General Motors and EVgo plan to triple the size of the nation’s largest public fast charging network by adding more than 2,700 new fast chargers over the next five years, a… Continue reading @GM: General Motors and EVgo aim to accelerate widespread EV adoption by adding fast chargers nationwide More than 2,700 new EV charging plugs will trip…
Tag: Strategy
GM to add 2,700 EVgo chargers in 5 years, a bet on fast-charging while shopping
General Motors and EVgo announced today that they plan to add more than 2,700 new fast chargers at grocery stores, retail outlets, and entertainment centers in 40 metropolitan areas. The project, which will take five years to complete, is an effort to convince renters and condo dwellers that EVs are practical. The message is to… Continue reading GM to add 2,700 EVgo chargers in 5 years, a bet on fast-charging while shopping
Taking the Heat Off: AI Temperature Screening Aids Businesses Amid Pandemic
As businesses and schools consider reopening around the world, they’re taking safety precautions to mitigate the lingering threat of COVID-19 — often taking the temperature of each individual entering their facilities. Fever is a common warning sign for the virus (and the seasonal flu), but manual temperature-taking with infrared thermometers takes time and requires workers… Continue reading Taking the Heat Off: AI Temperature Screening Aids Businesses Amid Pandemic
Electric pickups a possibility, FCA CEO says, as it updates product plans
Fiat Chrysler Automobiles NV could electrify its Ram trucks if they face deteriorating market share, CEO Mike Manley said Friday, as he provided updates on product launch plans that faced delays due to the coronavirus pandemic. The Italian American automaker has said it will electrify its profit-heavy Jeep brand by 2022, but overall it has been… Continue reading Electric pickups a possibility, FCA CEO says, as it updates product plans
@VW Group: ŠKODA AUTO achieves operating profit of 228 million euros in first half of 2020 despite COVID-19 pandemic
ŠKODA AUTO CEO Bernhard Maier explains: “ŠKODA AUTO has performed well in recent years and has a solid financial foundation. In response to the current exceptional situation caused by the COVID-19 pandemic, we immediately implemented comprehensive measures to stabilise sales, sales revenue and operating profit. These measures are already proving effective and we will consistently continue… Continue reading @VW Group: ŠKODA AUTO achieves operating profit of 228 million euros in first half of 2020 despite COVID-19 pandemic
@VW Group: Audi Annual General Meeting votes on squeeze-out
A more efficient division of labor and increased Group synergies – as part of the reorganization of competencies within the Volkswagen Group, today’s Audi Annual General Meeting will also vote on a so-called squeeze-out under stock corporation law. This will result in the transfer all the Audi shares of the remaining shareholders to Volkswagen AG,… Continue reading @VW Group: Audi Annual General Meeting votes on squeeze-out
Tata Motors posts Rs 2,190 crore loss in Q1, sees CV sale uptick by Dec, PVs doing better
Tata Motors, India’s largest commercial vehicle maker, expects a turnaround in its commercial vehicle CV sales volumes only after 4-6 months. The coronavirus outbreak-led lockdown has posed the biggest challenge to the OEM, as it has to the rest of the industry. Even as lock restrictions ease, various challenges still remain for the CV business.… Continue reading Tata Motors posts Rs 2,190 crore loss in Q1, sees CV sale uptick by Dec, PVs doing better
ZF Strengthens Electrified Driveline Branch To Focus On BEVs/PHEVs
2020-Jul-29 New division and change in ZF’s Board of Management: E-mobility strengthened as one of ZF’s core businesses Supervisory Board approves the foundation of a new division for electrified drivelines for passenger cars Michael Hankel retires after 17 years at ZF at the end of 2020 Stephan von Schuckmann appointed to the Board of Management… Continue reading ZF Strengthens Electrified Driveline Branch To Focus On BEVs/PHEVs
Skoda sales down 31% in H1 2020 but still records 228m euro operating profit
Like most automakers the world over, Skoda Auto too has been impacted by the coronavirus pandemic. In the first half of 2020, the Skoda Group sold a total of 426,700 cars, down 31% year on year (January-June 2019: 620,900). The Skoda Group sales revenue was 7.55 billion euros (Rs 62,415 crore) in the first six… Continue reading Skoda sales down 31% in H1 2020 but still records 228m euro operating profit
@Tata-JLR: JAGUAR LAND ROVER REPORTS FIRST QUARTER RESULTS FOR FISCAL 2020/21
Jaguar Land Rover is the UK’s largest automotive manufacturer, built around two iconic British car brands. Land Rover is the world’s leading manufacturer of premium all-wheel-drive vehicles. Jaguar is one of the world’s premier luxury marques, as well as being the first ever brand to offer a premium all-electric performance SUV, the Jaguar I-PACE. At… Continue reading @Tata-JLR: JAGUAR LAND ROVER REPORTS FIRST QUARTER RESULTS FOR FISCAL 2020/21