@niche: Sono Motors and EasyMile Reveal Collaboration on Autonomous Solar-Powered Passenger Shuttle000599

Berlin, 25 January, 2021 – Sono Motors and EasyMile are equipping an EZ10 autonomous shuttle prototype with Sono Motors’ patented solar technology, testing a new energy concept for electric and driverless shuttles. The Munich based solar mobility provider plans to transfer flexible solar panels to a variety of platforms, now including the EZ10. This could… Continue reading @niche: Sono Motors and EasyMile Reveal Collaboration on Autonomous Solar-Powered Passenger Shuttle000599

Continental Announces Outlook for Fiscal 2021

The Executive Board of Continental AG has decided today on the following parameters for the outlook for fiscal 2021, some of which are below current average analyst expectations. The outlook assumes the following: ·        Based on the currently foreseeable effects related to the ongoing COVID-19 pandemic as well as ongoing supply chain constraints related to… Continue reading Continental Announces Outlook for Fiscal 2021

While eyeing a SPAC, Swedish autonomous EV company Einride nears $75 million in new funding

Swedish autonomous electric vehicle startup Einride is aiming to continue the momentum sparked by partnerships with Oatly and Lidl by seeking additional capital, TechCrunch has learned.  Einride is seeking $75 million in new financing, while at the same time exploring the potential for a public listing through a special purpose acquisition company, according to people… Continue reading While eyeing a SPAC, Swedish autonomous EV company Einride nears $75 million in new funding

Tesla’s communications with DMV over Full Self-Driving are released and they bring some confusion

Tesla’s communications with DMV over the release of its Full Self-Driving Beta have been released through a freedom of information request. Some of the comments made by Tesla to the DMV are bringing some confusion to people, as they could be interpreted as contradicting what Tesla and Elon Musk are saying publicly. We look into… Continue reading Tesla’s communications with DMV over Full Self-Driving are released and they bring some confusion

@Groupe PSA: PR Conditional distribution of Faurecia shares and cash approved by shareholders001337

Amsterdam – Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (“Stellantis”) announces that the Extraordinary General Meeting of Shareholders held today has approved the already announced conditional distribution (the “Distribution”), pursuant to a capital reduction, by Stellantis to the holders of its common shares of up to 54,297,006 ordinary shares of Faurecia S.E. (“Faurecia”)… Continue reading @Groupe PSA: PR Conditional distribution of Faurecia shares and cash approved by shareholders001337

@FCA: Conditional distribution of Faurecia shares and cash approved by shareholders

Conditional distribution of Faurecia shares and cash approved by shareholdersAmsterdam, March 8, 2021 – Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (“Stellantis”) announces that the Extraordinary General Meeting of Shareholders held today has approved the already announced conditional distribution (the “Distribution”), pursuant to a capital reduction, by Stellantis to the holders of its… Continue reading @FCA: Conditional distribution of Faurecia shares and cash approved by shareholders

Chinese electric vehicle maker Xpeng’s fourth-quarter net loss narrows 42%

By Reuters Staff 2 Min Read Slideshow ( 2 images ) BEIJING (Reuters) – Chinese electric vehicle (EV) maker Xpeng Inc said on Monday its net loss in the fourth quarter of last year narrowed 42% from the same period in 2019, as EV sales increased in the world’s biggest car market. New York-listed Xpeng,… Continue reading Chinese electric vehicle maker Xpeng’s fourth-quarter net loss narrows 42%

German Manager Magazin: Spacs: How traditional car manufacturers can also increase their market value000629

manager magazin: Mr. Kames, Volkswagen sells around 10 million cars, generated around 10 billion euros in profit in 2020 despite the corona pandemic and is valued at 92 billion euros on the stock exchange. The Chinese electrical competitor Nio sells 44,000 cars, was on the verge of financial failure two years ago – and is… Continue reading German Manager Magazin: Spacs: How traditional car manufacturers can also increase their market value000629

Scrappy electric carmakers upend pecking order in auto industry

TOKYO — The accelerating trend to e-mobility will lead to a paradigm shift in the global car market that could radically change the landscape for the industry. Tesla has emerged as the early leader in the high-stakes electric vehicle race, topping the list of EV manufacturers. No Japanese manufacturer is among the top 10. Apple… Continue reading Scrappy electric carmakers upend pecking order in auto industry

Elon Musk says Tesla will double its Full Self-Driving software’s beta program. It comes amid news that Ford’s Mustang Mach-E is eating into Tesla’s US sales.

Tesla CEO Elon Musk on Friday said the carmaker would double a beta testing program for its self-driving software. The news comes amid reports that Ford’s electric Mustang Mach-E seems to be eating into Tesla’s lead in the electric vehicle market.  On Twitter, Musk said:“If you want the Tesla Full Self-Driving Beta downloaded to your… Continue reading Elon Musk says Tesla will double its Full Self-Driving software’s beta program. It comes amid news that Ford’s Mustang Mach-E is eating into Tesla’s US sales.