MILAN (Reuters) – Strong sales of Ferrari’s (RACE.MI) Portofino and 812 Superfast models enabled the Italian luxury carmaker to raise its outlook on Monday, with a new brand strategy promising even more growth. FILE PHOTO: The new Ferrari Portofino is displayed during the Frankfurt Motor Show (IAA) in Frankfurt, Germany September 12, 2017. REUTERS/Ralph Orlowski/File… Continue reading Ferrari looks to capitalize on brand name as it promises faster growth
Tag: Manufacturing
NIO Inc. Provides October 2019 Delivery Update
Delivered 2,526 vehicles in October 2019, including 2,220 ES6s and 306 ES8s Cumulative deliveries of ES8 and ES6 reached 26,215 SHANGHAI, China, Nov. 04, 2019 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium electric vehicle market, today provided its October 2019 delivery results. NIO delivered 2,526 vehicles in… Continue reading NIO Inc. Provides October 2019 Delivery Update
Automating the Product Development Process – BMW i Ventures’ Investment in ELISE
BMW i Ventures is excited to announce an investment in ELISE – a German tech startup aiming to automate the product development process. We are thrilled to support the team around Moritz, Sebastian and Daniel in its €3m seed round alongside our friends at Cherry, UVC and Venture Stars. Our excitement is based on the… Continue reading Automating the Product Development Process – BMW i Ventures’ Investment in ELISE
Kandi Technologies Announces Two New Pure Electric Community Vehicles to be Launched in the American Market
JINHUA, China, Nov. 04, 2019 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ GS: KNDI), announced today that the Company has newly developed two new mini pure electric vehicle (“EV”) models. The first model is a four-wheeled mini pure EV. The second model is a three-wheeled mini pure EV. These… Continue reading Kandi Technologies Announces Two New Pure Electric Community Vehicles to be Launched in the American Market
Ferrari forecast turbo-charged by Portofino, Superfast sales
MILAN (Reuters) – Strong sales of Ferrari’s (RACE.MI) Portofino and 812 Superfast models helped the Italian luxury carmaker raise its 2019 forecasts on Monday, powering its shares to a record high. FILE PHOTO: The new Ferrari Portofino is displayed during the Frankfurt Motor Show (IAA) in Frankfurt, Germany September 12, 2017. REUTERS/Ralph Orlowski/File Photo Ferrari’s… Continue reading Ferrari forecast turbo-charged by Portofino, Superfast sales
04. Nov 2019Daimler launches new corporate structure
November 04, 2019 – We have launched our new corporate structure as planned on November 1, 2019. The separation of the car and van and the truck and bus businesses to two new subsidiaries took effect at the end of October with their respective entries in the commercial register. Three legally independent stock corporations now… Continue reading 04. Nov 2019Daimler launches new corporate structure
Workhorse Hosts Next Generation Vehicle Demonstrations and Test Drive Event at TRC for Current and Prospective Customers
Now officially named the C1000, this EDV was previously known as the Workhorse N-GEN, a placeholder used in reference to the Company’s overall development project. With production imminent, the Company is formally unveiling the new, clean name and look. The “C” references the vehicle’s “composite” body while the numeral indicates the cubic feet of the… Continue reading Workhorse Hosts Next Generation Vehicle Demonstrations and Test Drive Event at TRC for Current and Prospective Customers
Spirent and Midlands Future Mobility establish breakthrough 5G research network
Spirent Communications plc, a provider of test, assurance and analytics solutions for devices and networks, announced a significant expansion of its work with the Warwick Manufacturing Group (WMG) at the University of Warwick via the Midlands Future Mobility (MFM) initiative in the United Kingdom. MFM will work with Spirent to deploy 5G digital twin technology, which… Continue reading Spirent and Midlands Future Mobility establish breakthrough 5G research network
All-electric Volkswagen ID.3 production commences at Zwickau
The Zwickau plant will produce 100,000 electric models next year and up to 330,000 EVs from 2021, making it the largest and most efficient EV factory in Europe. German automobile major Volkswagen, which also emerged as the No. 1 selling global car company last year with sales of 10.8 million vehicles, has today taken a bold step in… Continue reading All-electric Volkswagen ID.3 production commences at Zwickau
ŠKODA AUTO increases sales revenue and operating profit in first nine months of 2019
ŠKODA delivered 913,700 vehicles in the first nine months of 2019. Compared to the same period last year, deliveries declined by 2.7%, primarily due to the current development of the Chinese car market as a whole. In the other markets, ŠKODA AUTO increased its total deliveries by 4.4% year-on-year to 719,300 vehicles (January to September… Continue reading ŠKODA AUTO increases sales revenue and operating profit in first nine months of 2019