Mahindra and LG Chem collaborate for Li-ion battery technology To jointly support EV revolution in India Mumbai, February 26, 2018: Mahindra & Mahindra Ltd., a part of the US $19 billion Mahindra Group and LG Chem, Korea’s leading manufacturer of advanced batteries, today announced a collaboration in the field of advanced Li-ion battery technology. Under… Continue reading Mahindra and LG Chem collaborate for Li-ion battery technology
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News Release – Geneva Motor Show: Magna Offers Unique Expertise in Complete Vehicle Manufacturing
Please click HERE for a PDF version of the release. Magna’s exhibit located in Hall 6, Booth 6261 Only contract manufacturer to produce vehicles with different powertrains on a single production line Networked smart factory provides efficient and competitive operations SAILAUF, Germany, Feb. 26, 2018 (GLOBE NEWSWIRE) — Magna International helps shape future mobility across… Continue reading News Release – Geneva Motor Show: Magna Offers Unique Expertise in Complete Vehicle Manufacturing
UK motor industry issues warning shot on CO2 targets as anti diesel backlash means UK could miss environmental goals
New cars on sale in 2017 emit -12.6% less carbon dioxide than the equivalent older models,but average UK new car CO2 rises 0.8%. New report finds shift away from diesel responsible for almost half of CO2 increase – with ‘disappointing’ electric car sales unable to bridge the gap. Tough EU industry targets looking increasingly challenging… Continue reading UK motor industry issues warning shot on CO2 targets as anti diesel backlash means UK could miss environmental goals
Aston Martin Posts First Profit in Eight Years
Aston Martin Holdings Ltd. is looking for a “big brother” partner in order to survive as a low-volume, luxury carmaker, even after it posted its first profit in eight years and prepares for a potential initial public offering. The manufacturer famous for making film spy James Bond’s favorite car could use a combination of capital… Continue reading Aston Martin Posts First Profit in Eight Years
BAIC Motor and Daimler to invest $1.9bn for Mercedes-Benz plant
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Gestamp recorded revenues of €8,202m in 2017
2.26.2018 Gestamp, the multinational company specialized in the design, development and manufacture of highly engineered metal components for the automotive industry, has recorded revenues of €8,202m in 2017, according to its full year results. Revenues have increased by 8.6% over the previous year, more than six times the growth of production volumes in Gestamp’s footprint… Continue reading Gestamp recorded revenues of €8,202m in 2017
LimeBike introduces e-bikes and e-scooters, marks first two successful months in Europe
BARCELONA, Spain, Feb. 26, 2018 /PRNewswire/ — On the occasion of Mobile World Congress in Barcelona, LimeBike – the leading smart mobility solution provider is officially announcing the launch of electric scooters, Lime-S, along with the largest deployment of shared electric-assist bikes, Lime-E in Europe. LimeBike is the first company to have a market-ready multi-modal smart… Continue reading LimeBike introduces e-bikes and e-scooters, marks first two successful months in Europe
Tesla’s new Workplace Charging program offers free charging stations to businesses
Tesla has several different infrastructure initiatives going on, including the Supercharger network, Urban Superchargers, and the Destination Charging network. Now the California trendsetter is adding another piece to the puzzle. Tesla’s new Workplace Charging program is similar to the Destination Charging network, in that it offers free charging stations to businesses, which agree to cover… Continue reading Tesla’s new Workplace Charging program offers free charging stations to businesses
Datsun expands African footprint to Zimbabwe
Datsun will introduce in Zimbabwe the Datsun GO, GO+ as well as the Datsun GO+ PV HARARE, Zimbabwe – Datsun is expanding its footprint on the African continent with the launch of the Datsun lineup – the Datsun GO, Datsun GO+ and the Datsun GO+ panel van – in Zimbabwe. The models are designed to… Continue reading Datsun expands African footprint to Zimbabwe
BMW admits irregularities in exhaust gas software
So far in the exhaust scandal, BMW has always complained about the role of the Sauber man and boasted loudly that he had not manipulated his vehicles. There is, according to SPIEGEL information now doubt. Getty Images BMW in Munich Friday, 23.02.2018 17:00 o’clock These are words that BMW CEO Harald Krüger will probably regret… Continue reading BMW admits irregularities in exhaust gas software