Toyota Motor Corporation (head office: Toyota City; President and Representative Director: Akio Toyoda), Chubu Electric Power Co., Inc. (head office: Nagoya City; President & Director: Kingo Hayashi), and Toyota Tsusho Corporation (head office: Nagoya City; President & CEO: Ichiro Kashitani) have concluded an agreement to establish Toyota Green Energy LLP (Toyota Green Energy) to obtain… Continue reading @Toyota: Toyota Motor Corporation, Chubu Electric Power and Toyota Tsusho Corporation Establish Renewable Energy Business in Japan
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Kongberg Automotive Press Release – Business Update April 3, 2020
Fri, Apr 03, 2020 07:00 CET Please find a press release with a business update attached. Kongsberg Automotive provides world class products to the global vehicle industry. Our products enhance the driving experience, making it safer, more comfortable and sustainable. With revenues of approx. EUR 1.1 billion and approximately 11.000 employees in 19 countries, Kongsberg… Continue reading Kongberg Automotive Press Release – Business Update April 3, 2020
Phantom AI Raises $22M in Series A Funding
Phantom AI, a Burlingame, Calif.-based developer of a vehicle-agnostic autonomous driving platform, raised $22m in Series A financing . The round, which brought the total capital raised to date to $27m, was led by Celeres Investments with participation from Ford Motor Company and KT (Korea’s largest telco) and existing investors Millennium Technology Value Partners and… Continue reading Phantom AI Raises $22M in Series A Funding
@Hyundai: Hyundai Motor Group Appoints J. Scott Drennan as Vice President of Urban Air Mobility Division
Drennan brings more than 25 years of experience in engineering and innovation with a focus in vertical take-off and landing (VTOL) aircraft Hyundai Motor Group is positioning itself to lead the UAM industry with the aim of bringing integrated smart mobility solutions to help vitalize cities and improve lives Hyundai Motor Group (the Group) announced… Continue reading @Hyundai: Hyundai Motor Group Appoints J. Scott Drennan as Vice President of Urban Air Mobility Division
Press Releases – Massive ramp-up of truck charging and re-fuelling infrastructure needed, new data reveals
Brussels, 3 April 2020 – The European Automobile Manufacturers’ Association (ACEA) has released new data on the number of charging points and re-fuelling stations required for zero- and low- emission trucks to meet the 2025 and 2030 CO2 targets. In terms of charging points for electric trucks, this means going from close to zero today… Continue reading Press Releases – Massive ramp-up of truck charging and re-fuelling infrastructure needed, new data reveals
Traton sees some order cancellations, can’t rule out job cuts: WiWo
FILE PHOTO: Visitors stand at the booth of Volkswagen’s truck unit Traton Group, former Volkswagen Truck & Bus AG, in Hanover, Germany September 19, 2018. REUTERS/Fabian Bimmer FRANKFURT (Reuters) – Volkswagen’s (VOWG_p.DE) Traton (8TRA.DE) commercial truck unit has seen cancellations of orders due to the coronavirus outbreak but these are manageable, its chief told a… Continue reading Traton sees some order cancellations, can’t rule out job cuts: WiWo
@Honda: General Motors and Honda to Jointly Develop Next-Generation Honda Electric Vehicles Powered by GM’s Ultium Batteries
Torrance, Calif., Apr 3, 2020 – (JCN Newswire) – General Motors and Honda have agreed to jointly develop two all-new electric vehicles for Honda, based on GM’s highly flexible global EV platform powered by proprietary Ultium batteries. The exteriors and interiors of the new EVs will be exclusively designed by Honda, and the platform will… Continue reading @Honda: General Motors and Honda to Jointly Develop Next-Generation Honda Electric Vehicles Powered by GM’s Ultium Batteries
Nissan to furlough staff and suspend production for whole of April – Chronicle Live
Car giant Nissan is to suspend production at its Sunderland plant for the rest of April and put most of its staff on furlough as the coronavirus lockdown continues. The company – which employs more than 6,000 people at Sunderland and supports thousands more in the regional supply chain – had initially suspended production on… Continue reading Nissan to furlough staff and suspend production for whole of April – Chronicle Live
@GM: Strict Protocols in Place to Protect the Health of the GM Team Building Ventec’s Critical Care Ventilators in Kokomo
Strict Protocols in Place to Protect the Health of the GM Team Building Ventec’s Critical Care Ventilators in Kokomo 2020-04-02 KOKOMO, Ind. – General Motors Co. (NYSE: GM) is actively training employees at the company’s Kokomo plant in the extensive screening, cleaning and other CDC-recommended procedures that will be in place when volume production of… Continue reading @GM: Strict Protocols in Place to Protect the Health of the GM Team Building Ventec’s Critical Care Ventilators in Kokomo
@GM: General Motors and Honda to Jointly Develop Next-Generation Honda Electric Vehicles Powered by GM’s Ultium Batteries
General Motors and Honda to Jointly Develop Next-Generation Honda Electric Vehicles Powered by GM’s Ultium Batteries 2020-04-02 Builds on GM’s proven advanced technology relationship with Honda Honda will develop unique interior and exterior designs for Honda customers EVs will be produced on GM’s flexible global EV platform to increase scale and capacity utilization DETROIT and… Continue reading @GM: General Motors and Honda to Jointly Develop Next-Generation Honda Electric Vehicles Powered by GM’s Ultium Batteries