Tag: Manufacturing

Not everyone will be entitled to an electric car at 100 euros per month

During the election campaign, Emmanuel Macron had promised to set up a social leasing system to afford an electric vehicle for 100 euros per month. Except that the government seems to want to put its foot on the brake pedal by limiting the effects of this measure to targeted populations and subject to income. According… Continue reading Not everyone will be entitled to an electric car at 100 euros per month

Polestar’s experimental EV, nicknamed ‘Beast,’ is getting a limited production run

Polestar’s experimental, high-performance one-off for the 2021 Goodwood Festival of Speed — nicknamed “Beast” — is going into limited production. The Swedish EV maker announced plans to make and sell 270 units of the 476-horsepower fastback sedans, with 47 of those vehicles intended for the US market. The Polestar 2 “BST edition 270,” named for… Continue reading Polestar’s experimental EV, nicknamed ‘Beast,’ is getting a limited production run

German Manager Magazin: Stock market: Falling oil prices support Dax001815

A drop in oil prices supported the German stock market on Thursday despite ongoing concerns about inflation and the economy. Of the dax rose 0.46 percent to 14,407.04 points in the first few minutes of trading. Of the MDax of medium-sized companies increased by 0.43 percent to 29,879.28 points. The leading eurozone index Euro Stoxx… Continue reading German Manager Magazin: Stock market: Falling oil prices support Dax001815

German Manager Magazin: Renault plant in Moscow: FAW and JAC are to build the Moskvitch 2.0001815

After Russia invaded the Ukraine also has the French carmaker Renault halted business in its second largest market after Europe. About two weeks ago, the group announced that it would completely abandon its business because of the war in Ukraine Russia– to separate business. All shares in Renault Russia would be sold to the city… Continue reading German Manager Magazin: Renault plant in Moscow: FAW and JAC are to build the Moskvitch 2.0001815

@Geely: Geespace Successfully Launches First Nine Satellites

Inaugural launch for an expected 240 satellite constellation, with first phase of 72 satellites expected to be completed by 2025. Geely Future Mobility Constellation to provide services for autonomous driving, logistics, drone navigation, mapping and other fields Sustainably developed satellites leave no debris after designed operating lifespan GeeSAT-1 is China’s first modular, high-resilience, high-performance, mass-produced… Continue reading @Geely: Geespace Successfully Launches First Nine Satellites

Global investor Abdul Latif Jameel to invest Rs 1700 crore in Greaves Electric Mobility

Front row: Mohammed Jameel (L), Chairman and CEO, Abdul Latif Jameel and Karan Thapar (R), Chairman, Greaves Cotton Limited. Abdul Latif Jameel, an independent, family-owned, diversified global investor and operator has announced its commitment to invest $220 million (Rs 1700 crores) in Greaves Electric Mobility. Abdul Latif Jameel will initially invest $150 million (Rs 1160… Continue reading Global investor Abdul Latif Jameel to invest Rs 1700 crore in Greaves Electric Mobility

@niche: INEOS Olefins Belgium joins Fluxys project for hydrogen network with open access in Antwerp001918

Potential for up to 100 000 tonnes of hydrogen a year Chemical company INEOS Olefins Belgium is the first industrial player to sign an agreement with Fluxys to participate in the feasibility study for the development of an open access hydrogen network in the port of Antwerp. The cooperation follows the market consultation initiated by… Continue reading @niche: INEOS Olefins Belgium joins Fluxys project for hydrogen network with open access in Antwerp001918

@niche: Fratelli Guzzini selects sustainable styrenics solution from INEOS Styrolution based on biomass balanced styrene from BASF001917

New Guzzini drinkware made from INEOS Styrolution’s sustainable ECO materials BASF to supply biomass balanced styrene as plastic feedstock Completely certified production process Follow INEOS Styrolution on Twitter (@styrolution). Visit INEOS Styrolution at K fair in Düsseldorf, October 19-26, 2022: hall 6, booth 6D28 ABOUT INEOS STYROLUTION INEOS Styrolution is the leading global styrenics supplier,… Continue reading @niche: Fratelli Guzzini selects sustainable styrenics solution from INEOS Styrolution based on biomass balanced styrene from BASF001917

@Hyundai: Kia announces May 2022 global sales results

May global sales at 234,554 units, down 4.9% y/y Sales in Korea recorded 45,663 units, down 4.7% y/y Sales outside of Korea recorded 188,891 units, down 5.0% y/y Kia to continue creating sales momentum and enhancing profitability through new models, such as the Kia EV6 Kia Corporation recorded total global sales of 234,554 units in… Continue reading @Hyundai: Kia announces May 2022 global sales results