4 Expensive Electric Hypercars Super Wealthy People Will Drive – MotorBiscuit

As the world moves more and more to electric vehicles and electric-assisted drivetrains, you have to wonder what the ultra-wealthy will have in their garage of automotive toys in the form of electric hypercars. Though Teslas aren’t cheap by any definition of the word, $100,000 is a drop in the bucket to some. We’re talking… Continue reading 4 Expensive Electric Hypercars Super Wealthy People Will Drive – MotorBiscuit

Global Overseas ADAS and Autonomous Driving Tier 1 Suppliers Market to 2025 – Germany Has Become the First Country in the World to Allow L4 Autonomous Vehicles Onto Public Roads

DUBLIN, Aug. 17, 2022 /PRNewswire/ — The ‘Overseas ADAS and Autonomous Driving Tier 1 Suppliers Report, 2022’ report has been added to ResearchAndMarkets.com’s offering. The gap between suppliers has widened in terms of revenue growth, and many of them plan to launch L4 products by 2025, countries allow L3/L4 vehicles on the road to a limited… Continue reading Global Overseas ADAS and Autonomous Driving Tier 1 Suppliers Market to 2025 – Germany Has Become the First Country in the World to Allow L4 Autonomous Vehicles Onto Public Roads

Valmet Automotive battery system to the Ponsse EV1 electric forest machine technology concept

Valmet Automotive supplies the battery system to the new electric Ponsse EV1 forest machine technology concept. The battery system designed and manufactured by Valmet Automotive is implemented into the EV1 in cooperation with Ponsse’s technology company Epec, which is responsible for the design and construction of the concept’s electric powertrain. Valmet Automotive’s battery business has… Continue reading Valmet Automotive battery system to the Ponsse EV1 electric forest machine technology concept

All Star Auto Lights Acquires Blackburn OEM Wheel Solutions

Transformative acquisition cements All Star’s position in the auto aftermarket parts industry; Newly-created Wheels Division includes Blackburn, Jante Wheel, and Perfection Wheel ORLANDO, Fla., Aug. 16, 2022 /PRNewswire/ — All Star Auto Lights (“All Star”), a specialty distributor of alternative automotive parts and a portfolio company of Atlantic Street Capital (“ASC”), announced today the acquisition… Continue reading All Star Auto Lights Acquires Blackburn OEM Wheel Solutions

Global Electric Vehicle Transmission Market to Reach $43.68 Billion by 2030 at a CAGR of 22.4%

DUBLIN, Aug. 15, 2022 /PRNewswire/ — The “Global Electric Vehicle Transmission Market, by Transmission Type, by Transmission System, by Vehicle Type, by Vehicle Type, by Distribution Channel, Estimation & Forecast, 2017-2030” report has been added to ResearchAndMarkets.com’s offering. The global electric vehicle transmission market held a market value of USD 7,256.7 Million in 2021 and… Continue reading Global Electric Vehicle Transmission Market to Reach $43.68 Billion by 2030 at a CAGR of 22.4%

India’s Yulu Bikes in talks with Canada’s Magna to raise funds for new battery entityYulu Bikes had raised $7m in debt funding from Magna in Dec 2021.

Electric mobility startup Yulu Bikes Pvt Ltd is in advanced discussions to raise significant capital from Canadian auto parts maker Magna International for Yulu Energy Pvt Ltd, a newly-formed entity for managing its two-wheeler battery charging and swapping business, DealStreetAsia has learnt. Yulu Bikes is an Indian electric bicycle and scooter rental startup that is… Continue reading India’s Yulu Bikes in talks with Canada’s Magna to raise funds for new battery entityYulu Bikes had raised $7m in debt funding from Magna in Dec 2021.

Magna annonce ses résultats du deuxième trimestre 2022

Les ventes qui s’élèvent à 9,4 milliards de dollars ont augmenté de 4 %, tandis que la production mondiale de véhicules légers a augmenté de 2 %. La perte diluée par action de 0,54 $ comprend 1,24 $ de charges de dépréciation hors trésorerie liées à notre investissement en Russie Le bénéfice dilué par action ajusté a diminué de… Continue reading Magna annonce ses résultats du deuxième trimestre 2022

Magna gibt Ergebnisse des zweiten Quartals 2022 bekannt

Der Umsatz ist um 4 % auf 9,4 Milliarden USD gestiegen, im Vergleich zu einem Anstieg der Produktion von leichten Nutzfahrzeugen von 2 %. Der verwässerte Verlust je Aktie von 0,54 USD enthält nicht zahlungswirksame Abschreibungen in Höhe von 1,24 USD im Zusammenhang mit unserer Investition in Russland Das bereinigte verwässerte Ergebnis je Aktie ging um 41 %… Continue reading Magna gibt Ergebnisse des zweiten Quartals 2022 bekannt

@Fisker: Fisker Sells Out of 2023 Planned Production of Fisker Ocean Sport and Ultra Trims for the US Market and Prepares for the Start of Production in Austria000093

LOS ANGELES–(BUSINESS WIRE)–Fisker Inc. (NYSE: FSR) (“Fisker”) – passionate creator of the world’s most sustainable electric vehicles and advanced mobility solutions – sold out two trim levels destined for the United States for its Fisker Ocean SUV: the $37,4991 Fisker Ocean Sport and the $49,9991 Fisker Ocean Ultra. Last month, Fisker sold out of the… Continue reading @Fisker: Fisker Sells Out of 2023 Planned Production of Fisker Ocean Sport and Ultra Trims for the US Market and Prepares for the Start of Production in Austria000093

EV startup Fisker explores higher production in 2023, U.S. manufacturing

Aug 12 (Reuters) – Electric-vehicle startup Fisker Inc said on Friday it was exploring options to manufacture in the United States in 2024 and was considering ramping up production of its first vehicle, the Ocean SUV, in the second half of 2023. U.S. manufacturing would make certain vehicle models eligible for a tax credit under… Continue reading EV startup Fisker explores higher production in 2023, U.S. manufacturing