@VW Group: SEAT presents its strategy for the future to major suppliers in Spain

SEAT gathered 60 of its main suppliers in Spain and associations such as ANFAC (the Spanish Association of Car and Truck Manufacturers), Sernauto (the Spanish Association of Automotive Suppliers) and ACICAE and CIAC (automotive clusters in the Basque Country and Catalonia, respectively) today in a virtual meeting to present its strategy for the future. After… Continue reading @VW Group: SEAT presents its strategy for the future to major suppliers in Spain

@Daimler: High-volume battery supply supports “Electric First” strategy

Mercedes-Benz and CATL (Contemporary Amperex Technology Co., Limited) have today announced an enhanced partnership in the field of battery technology. Markus Schäfer, Member of the Board of Management of Daimler AG and Mercedes-Benz AG, responsible for Daimler Group Research and Mercedes-Benz Cars COO: “We intent to lead in battery technology, so we are now combining… Continue reading @Daimler: High-volume battery supply supports “Electric First” strategy

Mercedes-Benz and CATL as a major supplier team up for leadership in future battery technology

“We intend to lead in battery technologies, so we are now combining our own research and development expertise with bold partners. We will integrate cutting-edge battery systems to create luxury cars with outstanding range, charging speed, safety and sustainability. Working with CATL will see us accelerate our transformation towards carbon-neutrality,” said Markus Schäfer, Member of… Continue reading Mercedes-Benz and CATL as a major supplier team up for leadership in future battery technology

Electric vehicle charge network ChargePoint bags $127 million from investors

FILE PHOTO: An electric car is charged by a mobile charging station on a street in Prague, Czech Republic, December 4, 2018. Picture taken December 4, 2018. REUTERS/David W Cerny/File Photo (Reuters) – ChargePoint, one of the world’s oldest and largest electric vehicle charging networks, has closed on a $127 million funding round, much of… Continue reading Electric vehicle charge network ChargePoint bags $127 million from investors

@Daimler: 05. Aug 2020Electric First: Mercedes-Benz and CATL team up for leadership in future battery technology

August 05, 2020 – Mercedes-Benz and CATL have entered the next stage of their strategic partnership and will create cutting-edge battery technology in support of the high-volume electrification of the Mercedes-Benz model portfolio. Mercedes-Benz is accelerating its “Electric First” strategy with advanced, CO2-neutrally produced battery cells, modules and systems supplied by CATL (Contemporary Amperex Technology… Continue reading @Daimler: 05. Aug 2020Electric First: Mercedes-Benz and CATL team up for leadership in future battery technology

@Tata: Unconfirmed and unsubstantiated reports that have recently been published by some media on Tata Motors Passenger Vehicle stake sale and potential partners

Share 5 August, 2020 Unconfirmed and unsubstantiated reports that have recently been published by some media on Tata Motors Passenger Vehicle stake sale and potential partners  In this context, Tata Motors clarifies that: All such published news about ‘Tata Motors to sell up to 49% stake in PV Business’ and the names of potential partners/investors… Continue reading @Tata: Unconfirmed and unsubstantiated reports that have recently been published by some media on Tata Motors Passenger Vehicle stake sale and potential partners

Elon Musk says it’s ‘highly likely’ Tesla will eventually create a smaller version of the Cybertruck (TSLA)

Tesla CEO Elon Musk said that it’s ‘highly likely’ Tesla will eventually create a smaller version of the Cybertruck.  A smaller Cybertruck would likely appeal to the European market because there’s higher demand for smaller vehicles amid regulations around emissions and road width. Tesla is planning to produce the new Cybertruck at Gigafactory Austin by… Continue reading Elon Musk says it’s ‘highly likely’ Tesla will eventually create a smaller version of the Cybertruck (TSLA)

@Ford: Ford Announces Jim Hackett to Retire as President and CEO; Jim Farley to Succeed Hackett as Company Continues Transformation

Jim Hackett, who has led Ford Motor Company’s transformation since 2017 as president and CEO, has elected to retire from the company Jim Farley, currently chief operating officer, becomes president and CEO of Ford effective Oct. 1. He was also elected to the Ford board of directors. He will work closely with Jim Hackett on… Continue reading @Ford: Ford Announces Jim Hackett to Retire as President and CEO; Jim Farley to Succeed Hackett as Company Continues Transformation

Grab Financial Group Expands Suite of Products Under ‘Thrive with Grab’ Strategy

Grab Financial Group expands consumer ecosystem with new financial products and services. including the first micro-investment solution, third-party loan platform and ‘buy-now-pay-later’ products for e-commerce websites. Grab Financial Group launches first micro-investment solution, third-party loan platform and ‘buy-now-pay-later’ products for e-commerce websites New offerings are part of the company’s new ‘Thrive with Grab’ strategy Products… Continue reading Grab Financial Group Expands Suite of Products Under ‘Thrive with Grab’ Strategy

Tesla is working on massive sale presence expansion with new markets

Tesla is working on a significant expansion of its retail and sale presence, including expansions in new markets, as it expects to achieve massive growth in the second half of the year. Just over a year ago, Elon Musk was talking about shutting down almost all of Tesla’s stores and moving to an online-only sale… Continue reading Tesla is working on massive sale presence expansion with new markets