Luxury electric vehicle maker Lucid Motors is slashing its production forecast for 2022, citing supply chain constraints. The Newark, California-based company announced it was revising down its production expectations to 12,000 to 14,000 vehicles from the original prediction of 20,000 vehicles. “This reflects the extraordinary supply chain and logistics challenges we’ve encountered and our unrelenting… Continue reading Lucid Motors says it expects to make fewer EVs in 2022 than it originally planned
Tag: Daimler
German Manager Magazine: Lotus Technology: Geely and Li Shufu play through stock exchange plans for Lotus001569
The Chinese car mogul Li Shufu (58) has the IPO of the British sports car subsidiary Lotus checked. The company could go public within the next two years to raise capital for the planned expansion, said Lotus boss Matt Windle (50) the “Financial Times”. The talks are still at an early stage. The traditional British… Continue reading German Manager Magazine: Lotus Technology: Geely and Li Shufu play through stock exchange plans for Lotus001569
Ford among vehicle recalls this week
U.S. National Highway Traffic & Safety Administration The U.S. National Highway Traffic Safety Administration has issued recalls for February 17 through 24, including a Ford recall involving 330,784 units. See the list of this week’s car recalls involving ten or more units below, or search USA TODAY’s automotive recalls database for more: Audi Volkswagen Group… Continue reading Ford among vehicle recalls this week
@BMW: BMW Group joins sustainable lithium mining project in Chile001788
Munich. Responsible management of natural resources is one of the core elements of the BMW Group’s commitment to sustainability. Within the framework of these activities, the company has joined the cross-sector “Responsible Lithium Partnership” project. The aim of the project is to reach a shared understanding of responsible management of natural resources with local interest… Continue reading @BMW: BMW Group joins sustainable lithium mining project in Chile001788
@Daimler: Mercedes-Benz Group Capital Market Presentation FY 2021 PDF (8.40 MB)
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@Daimler: Mercedes-Benz strengthens Supervisory Board with experts for sustainability and luxury-goods industry
Stuttgart – Two new members are to be appointed to the Supervisory Board of Mercedes-Benz Group AG. The current Supervisory Board members Bader M. Al Saad (64) and Prof. Dr. Clemens Börsig (73) will step down from their positions when their current periods of office expire at the 2022 Annual General Meeting. At that AGM… Continue reading @Daimler: Mercedes-Benz strengthens Supervisory Board with experts for sustainability and luxury-goods industry
Audi is bringing 5G connectivity to its vehicles in 2024
Audi of America and Verizon are teaming up to add 5G connectivity to the automaker’s lineup by 2024, the companies announced. The improved connectivity will mean better software performance, enhanced navigation, and faster music and video streaming capabilities. It’s the latest deal to bring faster network speeds to new model vehicles with more advanced software… Continue reading Audi is bringing 5G connectivity to its vehicles in 2024
Hankook Tire to Supply Original Equipment for 2022 Infiniti QX60
Hankook’s Dynapro HP2 provides a secure match for the new luxury SUV with the focus on a comfortable and quiet ride. The Dynapro HP2 serves all-season functionality with a high-density polyester carcass that improves steering stability and handling response. Noise reduction technology has been applied to maximize comfort, and a high loading silica compound lowers… Continue reading Hankook Tire to Supply Original Equipment for 2022 Infiniti QX60
Inside the Ineos Grenadier factory as Land Rover Defender rival gears-up for production – Coventry Live
Images have been released of the production line inside the factory that will make the Ineos Grenadier as the vehicle’s launch gets ever closer. The first prototype Grenadiers are now rolling off the line at Ineos Automotive’s Hambach plant in preparation for launch series vehicles in July. The images offer a tantalising glimpse of the… Continue reading Inside the Ineos Grenadier factory as Land Rover Defender rival gears-up for production – Coventry Live
Mercedes-Benz CEO says raw material scarcity could delay e-mobility – MINING.COM – MINING.com
Carmakers are working to secure supplies of materials from lithium, nickel and manganese for batteries to magnesium for car components as they race to ramp up electric vehicle production, but rising raw material costs have dug into their margins. Some, including Mercedes-Benz – which changed its name from Daimler on Tuesday after splitting from Daimler Truck –… Continue reading Mercedes-Benz CEO says raw material scarcity could delay e-mobility – MINING.COM – MINING.com