SK Innovation is working on increasing its electric vehicle (EV) battery production capacity in order to meet a series of requests for increased supply of batteries from global automakers. The company is currently expanding its production plants in Europe, China, and the United States simultaneously. As it continues to secure additional orders and increase its… Continue reading SK Innovation Planning on Making an Aggressive Approach in Order to Become a Top Three Electric Vehicle Battery Supplier Before 2025
Tag: Daimler
Elon Musk said Tesla plans to build an electric van eventually, but has been held back by battery cell output (TSLA)
Tesla CEO Elon Musk said the company plans to build an electric van “at some point,” but has been held back by battery-cell production constraints. The company is trying to overcome low output volumes by making its own cells. Musk has been talking about making an electric van for years, but other automakers like Ford… Continue reading Elon Musk said Tesla plans to build an electric van eventually, but has been held back by battery cell output (TSLA)
@Daimler: Preliminary results for the financial year 2020 significantly above guidance and market expectations
Stuttgart, Germany – Daimler completed the financial year of 2020 in a challenging environment with a very strong fourth quarter, in particular with regard to Industrial Free Cash Flow. All divisions contributed to this success. Mercedes-Benz Cars and Vans exceeded key financial metrics of the financial year 2019. Industrial Free Cash Flow, Daimler Group EBIT,… Continue reading @Daimler: Preliminary results for the financial year 2020 significantly above guidance and market expectations
German Handelsblatt: Supplier: Public prosecutor expands diesel investigation against Continental001202
Diesel investigation The Hanover public prosecutor’s office is expanding the group of accused Continental employees. (Photo: dpa) Düsseldorf After further searches at two Continental locations, the Hanover public prosecutor’s office increased the number of suspects in the ongoing diesel investigations against the supplier. Because of the suspicion of aiding and abetting fraud, the authorities are… Continue reading German Handelsblatt: Supplier: Public prosecutor expands diesel investigation against Continental001202
Taiwan chipmakers vow to tackle global auto component shortage
TAIPEI — Taiwan’s leading chip manufacturers have promised to “do their best” to tackle the chip shortage that is paralyzing the global automotive industry, the island’s Economic Affairs minister said on Wednesday, but with production lines already running at full capacity, she warned that the situation will take time to improve. Economics Minister Wang Mei-hua… Continue reading Taiwan chipmakers vow to tackle global auto component shortage
Navistar to collaborate with GM, others on hydrogen fuel-cell commercial trucks
By Ben Klayman 4 Min Read DETROIT (Reuters) – Truck maker Navistar International Corp said on Wednesday it will collaborate with U.S. automaker General Motors Co and others to develop a hydrogen fuel-cell powered commercial truck and supporting fueling network. FILE PHOTO: A new hydrogen fuel cell truck made by Hyundai is pictured ahead of… Continue reading Navistar to collaborate with GM, others on hydrogen fuel-cell commercial trucks
Sila Nanotechnologies raises $590M to fund battery materials factory
Sila Nanotechnologies, a Silicon Valley battery materials company, has spent years developing technology designed to pack more energy into a cell at a lower cost — an end game that has helped it lock in partnerships with Amperex Technology Limited as well as automakers BMW and Daimler. Now, Sila Nano, flush with a fresh injection… Continue reading Sila Nanotechnologies raises $590M to fund battery materials factory
Volkswagen asks U.S. Supreme Court to reverse ruling on local emissions claims
By David Shepardson 3 Min Read WASHINGTON (Reuters) – Volkswagen AG and a German auto supplier on Tuesday asked the U.S. Supreme Court to reverse a lower-court ruling that said two counties could seek financial penalties over excess diesel emissions that could total billions of dollars. FILE PHOTO: The logo of German carmaker Volkswagen is… Continue reading Volkswagen asks U.S. Supreme Court to reverse ruling on local emissions claims
In latest leadership shakeup, Ford announces new head of design
Ford Motor Co. said Monday that its global design lead will retire, to be replaced by an automotive industry veteran who most recently worked for French automaker Groupe Renault SA. Moray Callum, whom the Blue Oval described in a news release as one of the industry’s “most influential design leaders,” will retire as the company’s… Continue reading In latest leadership shakeup, Ford announces new head of design
German Manager Magazine: Autonomous Driving: Ranking of the leading companies from Waymo to Tesla000527
Who is better? Between Tesla-Boss Elon Musk (49) and John Krafcik (59), who runs the Alphabet subsidiary Waymo, which emerged from Google’s car project, has developed something that looks like an ego fight. Tesla’s approach has nothing to do with fully autonomous driving, Krafcik explained in the Interview with manager magazin. “It doesn’t work that… Continue reading German Manager Magazine: Autonomous Driving: Ranking of the leading companies from Waymo to Tesla000527