Tavares: Lack of parts to force end to operations in Russia for Chrysler-parent Stellantis

Chrysler-parent Stellantis will be forced to end its operations in Russia, according to CEO Carlos Tavares. The exact timing wasn’t made clear, but Tavares cited as factors the disruption to the supply chain and Western sanctions in the wake of the invasion of Ukraine. A company task force is working to monitor the sanctions to… Continue reading Tavares: Lack of parts to force end to operations in Russia for Chrysler-parent Stellantis

Automotive: how the crisis has shaken up the ranking of manufacturers

Posted Feb 28 2022 at 6:58 amUpdated 28 Feb. 2022 at 7:04 Stellantis remained in sixth place in the Top 10 manufacturers worldwide, like last year. The group born of the merger between PSA and Fiat Chrysler, which has just published its volumes for 2021, announced consolidated sales of 5.9 million vehicles last year: a… Continue reading Automotive: how the crisis has shaken up the ranking of manufacturers

@Renault-Nissan-Mitsubishi: Alliance Ventures closely monitors the Mobility innovation ecosystem – Autonomous Driving

Alliance Ventures closely monitors the Mobility innovation ecosystem – Autonomous Driving Alliance Ventures’ 5 Innovation Territories Alliance Ventures focuses its strategic investments over 5 Innovation Territories which have been closely tracked since 2018: New Mobility Autonomous Driving Electric Vehicle, Cleantech & Energy Connected Servicess Enterprise 2.0 Our insights on the Autonomous Driving Innovation Ecosystem We… Continue reading @Renault-Nissan-Mitsubishi: Alliance Ventures closely monitors the Mobility innovation ecosystem – Autonomous Driving

@Renault-Nissan-Mitsubishi: Chinese driverless car company WeRide launches self-driving vans for deliveries

PORTFOLIO NEWS China-based autonomous driving startup WeRide announced in Summer 2021 that it will deepen joint development with Nissan of autonomous driving technology for the Chinese market. The announcement comes as the company raised $310 million to reach a valuation of $3.3 billion. Led by founder Tony Han, the company is developing Level 4 autonomous… Continue reading @Renault-Nissan-Mitsubishi: Chinese driverless car company WeRide launches self-driving vans for deliveries

Last mile delivery e-bike supplier Zoomo tacks on $20M to Series B

Zoomo, an Australian startup that builds utility e-bikes for delivery workers, has raised an additional $20 million in equity to close out its Series B round. In November, the company raised $60 million in equity and debt for its Series B, which it used to fund further software development and more vehicles to expand. The… Continue reading Last mile delivery e-bike supplier Zoomo tacks on $20M to Series B

Renault-Nissan “Small And Fragile,” Ex-CEO Carlos Ghosn Says – Motor1

In an official press conference held this morning, Renault announced its financial results for 2021. The French company returned to profitability last year and also announced several new all-electric vehicles for the next three years. It seems that the automaker is running like a well-oiled machine, but its former CEO Carlos Ghosn sees things very… Continue reading Renault-Nissan “Small And Fragile,” Ex-CEO Carlos Ghosn Says – Motor1

@Renault: RENAULT GROUP: Thierry Piéton appointed Chief Financial Officer of Renault Group000363

PRESS RELEASEFebruary 18, 2022 Thierry Piéton appointed Chief Financial Officerof Renault Group Boulogne-Billancourt, February 18th, 2022 – As of March 1st, 2022, Thierry Piéton, currently Deputy Chief Financial Officer and Controller, is appointed Chief Financial Officer of Renault Group. He becomes a member of the Board of Management (BOM) of Renault Group and will report… Continue reading @Renault: RENAULT GROUP: Thierry Piéton appointed Chief Financial Officer of Renault Group000363

Daimler Truck adopts Siemens’ Xcelerator to shape the future of CO2-neutral transport

Daimler Truck plans to use Simcenter STAR-CCM+ to improve aerodynamic performance, as well as explore and optimize innovative e-mobility propulsion and energy management systems including battery cooling and hydrogen technology. The software will also help support legacy combustion engine and exhaust system design and associated CO2 reduction. In addition to software, Siemens and Daimler Truck… Continue reading Daimler Truck adopts Siemens’ Xcelerator to shape the future of CO2-neutral transport

RENAULT GROUP: Renault Group, Valeo and Valeo Siemens eAutomotive join forces to develop and manufacture a new-generation automotive electric motor in France

PRESS RELEASE Renault Group, Valeo and Valeo Siemens eAutomotive join forces to develop and manufacturea new-generation automotive electric motor in France Paris, February 10, 2022 – Renault Group, Valeo and Valeo Siemens eAutomotive announce that they have signed a memorandum of understanding to form a strategic partnership for the design, co-development and manufacture in France… Continue reading RENAULT GROUP: Renault Group, Valeo and Valeo Siemens eAutomotive join forces to develop and manufacture a new-generation automotive electric motor in France

@Renault: RENAULT GROUP: Renault Group, Valeo and Valeo Siemens eAutomotive join forces to develop and manufacture a new-generation automotive electric motor in France000358

PRESS RELEASE Renault Group, Valeo and Valeo Siemens eAutomotive join forces to develop and manufacturea new-generation automotive electric motor in France Paris, February 10, 2022 – Renault Group, Valeo and Valeo Siemens eAutomotive announce that they have signed a memorandum of understanding to form a strategic partnership for the design, co-development and manufacture in France… Continue reading @Renault: RENAULT GROUP: Renault Group, Valeo and Valeo Siemens eAutomotive join forces to develop and manufacture a new-generation automotive electric motor in France000358