BMW shares fall to four-year low as recall of 1.5m cars announced

The Mini Cooper and Countryman are affected by the brake recall as well as models including the BMW X1, X2 and X5 and Rolls-Royce Sceptre. Photograph: Graeme Robertson/The Guardian View image in fullscreen The Mini Cooper and Countryman are affected by the brake recall as well as models including the BMW X1, X2 and X5… Continue reading BMW shares fall to four-year low as recall of 1.5m cars announced

BMW lowers 2024 profit forecast as 1.5 million cars await brake fix

The BMW Group is expecting a drop in deliveries this year and has lowered its profit forecast as it grapples with a braking system fault that affects more than 1.5 million cars worldwide.  As recently reported by Autocar, various BMW and Mini models are fitted with a potentially faulty integrated braking system (IBS), a component designed… Continue reading BMW lowers 2024 profit forecast as 1.5 million cars await brake fix

US probes 781,000 newer Jeep vehicles over underhood fire reports

U.S. auto safety agency said on Monday it is opening an investigation into more than 781,000 newer Jeep Wrangler and Gladiator sport utility vehicles. A U.S. auto safety agency said on Monday it is opening an investigation into more than 781,000 newer Jeep Wrangler and Gladiator sport utility vehicles after reports of underhood fires. The… Continue reading US probes 781,000 newer Jeep vehicles over underhood fire reports

@BMW: BMW Group adjusts guidance for 2024 financial year003658

M unich. The Board of Management of BMW AG adjusted the guidance for the 2024 financial year today. This was triggered in part by additional headwinds in the Automotive Segment resulting from delivery stops and technical actions linked to the Integrated Braking System (IBS) that is provided by a supplier. The delivery stops for vehicles… Continue reading @BMW: BMW Group adjusts guidance for 2024 financial year003658

Servotech secures BESCOM contract for 11 Public EV charging stations in Karnataka

Servotech Power Systems Ltd., a manufacturer of EV chargers in India, has secured a contract from Bangalore Electricity Supply Company Limited (BESCOM) to install 11 DC Fast EV charging stations. These stations will be located at Regional Transport Office (RTO) premises across Karnataka, enhancing the state’s electric vehicle charging infrastructure. Servotech will oversee the entire… Continue reading Servotech secures BESCOM contract for 11 Public EV charging stations in Karnataka

@niche: Sep 09, 2024, 09:30 ETBOLLINGER MOTORS ACHIEVES CARB CERTIFICATION, A CRITICAL STEP IN BECOMING SALES-READYBollinger Motors, Inc. (“Bollinger Motors”)…003519

Certification opens the Bollinger B4 EV truck to federal and state incentive programs totaling $100,000 in potential savings OAK PARK, Mich., Sept. 9, 2024 /PRNewswire/ — Bollinger Motors, Inc. (“Bollinger Motors”), a commercial electric vehicle (“EV”) manufacturer, today announced it achieved certification from the California Air Resources Board (“CARB”) for the company’s all-electric Bollinger B4 Class… Continue reading @niche: Sep 09, 2024, 09:30 ETBOLLINGER MOTORS ACHIEVES CARB CERTIFICATION, A CRITICAL STEP IN BECOMING SALES-READYBollinger Motors, Inc. (“Bollinger Motors”)…003519

AI-Driven Transformation, Health and Wellness Market to Expand by USD 1.92 Trillion (2024-2028) Amid Rising Focus on Wellness Programs – Technavio

NEW YORK, Sept. 9, 2024 /PRNewswire/ — Report with the AI impact on market trends- The global health and wellness market size is estimated to grow by USD 1.92 trillion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 7.01% during the forecast period. Increasing emphasis on promotion of health… Continue reading AI-Driven Transformation, Health and Wellness Market to Expand by USD 1.92 Trillion (2024-2028) Amid Rising Focus on Wellness Programs – Technavio

Ultraviolette Launches Kochi UV Space Station on World EV Day, Expanding Electric Mobility Presence in India

Ultraviolette has opened its latest UV Space Station Experience Center in Kochi, coinciding with World EV Day and the Onam festival. This new center is part of Ultraviolette’s broader plan to establish 50 experience centers globally and follows the successful launch of a similar facility in Ahmedabad. The Kochi UV Space Station, the largest electric… Continue reading Ultraviolette Launches Kochi UV Space Station on World EV Day, Expanding Electric Mobility Presence in India