Ford Motor Co.’s push to peddle the Mustang Mach-E later this year starts by getting more than two-thirds of its 3,000 U.S. dealerships ready to sell a battery-electric SUV company officials say represents an important part of the Blue Oval’s future. The automaker is in the midst of training sales staff and shop technicians at some 2,100… Continue reading Ford preps dealers for its first-ever battery-electric Mustang SUV
Tag: Strategy
@VW Group: SEAT joins the Madrid in Motion urban mobility hub
SEAT has joined Madrid in Motion, a multi-sector, public-private open innovation hub where businesses, public administrations and startups from all over the world come together to address the challenges of urban mobility by offering innovative solutions that guarantee a positive impact on the future of cities and the lives of their inhabitants. With the support… Continue reading @VW Group: SEAT joins the Madrid in Motion urban mobility hub
17 Jan 2020 GKN Automotive and Delta Electronics Inc. collaborate to accel…
eDrive systems leader GKN Automotive and power electronics specialist Delta Electronics Inc. begin strategic collaboration Milestone relationship will accelerate delivery of scalable, next-generation 3-in-1 eDrive systems New integrated eDrive systems currently in development will enter production within three years to continue addressing a sizeable and rapidly expanding market GKN Automotive, the world’s leading supplier of… Continue reading 17 Jan 2020 GKN Automotive and Delta Electronics Inc. collaborate to accel…
Exclusive: Vingroup plans Thai bonds as funding options narrow
HANOI/BANGKOK — Vingroup, Vietnam’s largest company, plans to issue this year its first baht-denominated bonds, according to sources, as the sprawling conglomerate seeks to expand its loss-making cars business and has all but exhausted its funding options at home. The move to issue Thai debt may carry financial risks for Vingroup, which is in the middle… Continue reading Exclusive: Vingroup plans Thai bonds as funding options narrow
Valmet receives the best A rating in CDP’s climate program ranking for the second consecutive year
Valmet Oyj’s press release on January 20, 2020 at 11:00 a.m. EETValmet has been recognized for its actions and strategy to mitigate climate change by receiving the best A rating in CDP’s climate program ranking for the second consecutive year. CDP’s evaluation is based on the company’s 2019 disclosure about its actions in the last… Continue reading Valmet receives the best A rating in CDP’s climate program ranking for the second consecutive year
Chinese Self-Driving Startup AutoX Scores Pre-B Round
AutoX, a self-driving start-up, announced that it had completed a Pre-B round of financing worth tens of millions of U.S. dollars at the end of December. It was led by Shenzhen Qianhai Hongzhao Fund and backed by other Shenzhen-based RMB funds. This round of financing will mainly be used for the applications in the Chinese… Continue reading Chinese Self-Driving Startup AutoX Scores Pre-B Round
@Ford: Ford’s Green Initiatives, Low-Carbon Ambitions, Earn Company Climate ‘A List’ Designation From CDP
CDP names Ford Motor Company to its Climate ‘A List’ for the first time, citing actions to cut emissions, mitigate climate risks and develop the low-carbon economy Ford is in the midst of an $11.5 billion-plus electric vehicle rollout and is offering customers North America’s largest electric vehicle charging network Ford aspires to power all… Continue reading @Ford: Ford’s Green Initiatives, Low-Carbon Ambitions, Earn Company Climate ‘A List’ Designation From CDP
Self-driving startup AutoX closes Series pre-B round to expand footprint in China
Autonomous driving startup AutoX has raised tens of millions of U.S. dollars in a Series pre-B round of financing to expand its footprint in the Chinese market, the company confirmed to DealStreetAsia. The development was first reported by 36Kr. The investment was led by a Shenzhen-based investment fund manager, whose name can be directly translated… Continue reading Self-driving startup AutoX closes Series pre-B round to expand footprint in China
GKN Automotive and Delta Electronics Inc. Collaborate to Accelerate Development of Next-generation eDrive Technology
eDrive systems leader GKN Automotive and power electronics specialist Delta Electronics Inc. begin strategic collaboration Milestone relationship will accelerate delivery of scalable, next-generation 3-in-1 eDrive systems New integrated eDrive systems currently in development will enter production within three years to continue addressing a sizeable and rapidly expanding market TAIPEI, Jan. 20, 2020 /PRNewswire/ — GKN… Continue reading GKN Automotive and Delta Electronics Inc. Collaborate to Accelerate Development of Next-generation eDrive Technology
All-Electric Mercedes-Benz eEconic Is Coming
Daimler Trucks takes next logical step in truck electrification with battery-electric Mercedes-Benz eEconic eEconic is based on all-electric Mercedes-Benz eActros eEconic is ideal as waste-collection vehicle ideal in inner-city traffic due to high levels of ergonomics and safety. Electric drive has environmental and efficiency advantages Practical use of the eEconic is to start in 2021… Continue reading All-Electric Mercedes-Benz eEconic Is Coming