California has reached a record of 22% market share for battery-electric vehicles (BEV) and over 40% if you account for PHEVs and HEVs. Tesla has been responsible for much of California’s EV leadership, but the automaker is now down in the important EV market. Battery-electric vehicles (BEV) are now hitting an all-time record of 22.2%… Continue reading California reaches 22% BEV market share, Tesla is down but not doing half bad
Tag: Daimler
Stoneridge Reports Third Quarter 2024 Results
MirrorEye Becomes Standard Equipment on Several European Truck Platforms MirrorEye OEM Programs to Launch with Daimler Truck North America and a European Brand Year-to-Date Cash Performance Improved $31.3 million vs. Same Period in 2023 2024 Third Quarter Results Sales of $213.8 million Gross profit of $44.5 million Adjusted gross profit of $44.6 million (20.9% of… Continue reading Stoneridge Reports Third Quarter 2024 Results
German FAZ: Former Daimler boss Edzard Reuter is dead008055
If Edzard Reuter had his way, today’s car manufacturer Mercedes-Benz would be a completely different company. But it didn’t go his way. Reuters’ vision remained a vision. He was always convinced that it was the right path – until his death. On October 27th, Edzard Reuter, Daimler CEO from 1987 to 1995, died at the age of 96… Continue reading German FAZ: Former Daimler boss Edzard Reuter is dead008055
German FAZ: Tesla hui, Mercedes pfui008054
Tesla on the rise, Mercedes under pressure: This is an example of how much the balance of power in the auto industry has shifted. While Mercedes has lost its relevance, especially on the Chinese market, Tesla is considered a pioneer in electric cars despite company boss Elon Musk’s escapades. German manufacturers are almost hopelessly behind… Continue reading German FAZ: Tesla hui, Mercedes pfui008054
German Manager Magazine: Daimler Truck: Vehicle manufacturer surprisingly writes off claims in China from003691
The commercial vehicle manufacturer Daimler trucks due to the ongoing review of his business China write off part of the receivables. The negative value adjustment amounts to 180 million euros, as in the Dax listed company the new boss Karin Rådström (45) surprisingly announced on Tuesday evening in Leinfelden-Echterdingen. This is a one-off, extraordinary and… Continue reading German Manager Magazine: Daimler Truck: Vehicle manufacturer surprisingly writes off claims in China from003691
Fleet of 30 luxury cars taken to Thailand returned to UK, police say
The cars recovered from Thailand by Navcis on display in Eastleigh. Photograph: Andrew Croft/Solent News & Photo Agency/Solent News View image in fullscreen The cars recovered from Thailand by Navcis on display in Eastleigh. Photograph: Andrew Croft/Solent News & Photo Agency/Solent News Fleet of 30 luxury cars taken to Thailand returned to UK, police say… Continue reading Fleet of 30 luxury cars taken to Thailand returned to UK, police say
BYD Revenue Eclipses Tesla for First Time as EV Giants Go Head to Head
(Bloomberg) — BYD Co. notched up another win over Tesla Inc. on Wednesday, reporting quarterly revenue that beat Elon Musk’s carmaker for the first time since the pair have gone head-to-head in global electric vehicles sales. Most Read from Bloomberg Revenue for China’s best-selling automaker soared 24% to 201.1 billion yuan ($28.2 billion) for the… Continue reading BYD Revenue Eclipses Tesla for First Time as EV Giants Go Head to Head
Daimler Truck and Volvo Group to jointly develop SDV platform
Daimler Truck and Volvo Group will jointly develop a common software-defined vehicle (SDV) platform, and a dedicated truck operating system, through a new joint venture spawned as part of a new binding agreement. Through it, the OEMs are looking to provide the foundation for future software-defined commercial vehicles. The transaction for the joint venture is… Continue reading Daimler Truck and Volvo Group to jointly develop SDV platform
5GAA: Berlin Technology Demonstrations Highlight Life-Saving Potential of Latest Cellular Vehicle-to-Everything Tech
BERLIN, Oct. 28, 2024 /PRNewswire/ — The 5G Automotive Association (5GAA) last week demonstrated the latest innovations in the Cellular Vehicle-to-Everything (C-V2X) technology family to help achieve “Vision Zero” for all road users. The demonstrations illustrated the potential of 5G-V2X to enable new use cases integrated across multiple automakers, service providers, and mobile network operators. For… Continue reading 5GAA: Berlin Technology Demonstrations Highlight Life-Saving Potential of Latest Cellular Vehicle-to-Everything Tech
German FAZ: Former Daimler boss Edzard Reuter is dead008048
If Edzard Reuter had his way, today’s car manufacturer Mercedes-Benz would be a completely different company. But it didn’t go his way. Reuters’ vision remained a vision. He was always convinced that it was the right path – until his death. On October 27th, Edzard Reuter, Daimler CEO from 1987 to 1995, died at the age of 96… Continue reading German FAZ: Former Daimler boss Edzard Reuter is dead008048