Electric vehicle stocks have been on fire this past year, outperforming every other sector in the market. The sector’s favorite benchmark–Global X Autonomous & Electric Vehicles ETF (DRIV)–has climbed 75.3% over the past 12 months and is already up 13.6% YTD, managing to even outperform the red-hot biotech sector as the Covid-19 vaccine rollout gets… Continue reading @niche: Electric Car Wars: Who Will Come Out on Top?000494
Tag: VW
SK Innovation Planning on Making an Aggressive Approach in Order to Become a Top Three Electric Vehicle Battery Supplier Before 2025
SK Innovation is working on increasing its electric vehicle (EV) battery production capacity in order to meet a series of requests for increased supply of batteries from global automakers. The company is currently expanding its production plants in Europe, China, and the United States simultaneously. As it continues to secure additional orders and increase its… Continue reading SK Innovation Planning on Making an Aggressive Approach in Order to Become a Top Three Electric Vehicle Battery Supplier Before 2025
Hyundai wrestles with the risks of embracing Apple
By Hyunjoo Jin, Stephen Nellis 5 Min Read SEOUL/SAN FRANCISCO (Reuters) – Executives in Hyundai Motor Co Group are divided over a potential tie-up with Apple Inc, with some raising concerns about becoming a contract manufacturer for the U.S. tech giant, dimming the outlook for a deal. FILE PHOTO: The Hyundai booth displays the company… Continue reading Hyundai wrestles with the risks of embracing Apple
MINI discontinues MINI Yours Customized 3D printed part service
Automotive manufacturer MINI has discontinued its MINI Yours Customised service which enabled customers to design and order personalized 3D printed parts for their cars. Until now, MINI customers have been given the option to customize bespoke cosmetic parts for their vehicles, created through a combination of 3D printing and laser lettering. The company has given… Continue reading MINI discontinues MINI Yours Customized 3D printed part service
@VW Group: Forward31 and House of Beautiful Business launch new digital platform
The Porsche Newsroom is a service provided by the Porsche Communication for journalists, bloggers and the online community. © 2021 Dr. Ing. h.c. F. Porsche AG * Data determined in accordance with the measurement method required by law. Since 1 September 2017 certain new cars have been type approved in accordance with the Worldwide Harmonised Light Vehicles… Continue reading @VW Group: Forward31 and House of Beautiful Business launch new digital platform
@VW Group: Audi Employees Were Inventive Again in 2020
Despite the coronavirus, in 2020 Audi employees once again demonstrated the potential of their ideas. Last year they submitted a total of 15,628 ideas in Ingolstadt and Neckarsulm, exactly 9,265 of which were implemented. And a further figure is impressive: in 2020 AUDI AG saved more than 94.5 million euros through employees’ ideas. Of this,… Continue reading @VW Group: Audi Employees Were Inventive Again in 2020
TSMC puts auto chip output in fast lane to ease global crunch
TAIPEI — Taiwan Semiconductor Manufacturing Co. is to fast-track crucial chips for cars in a dramatic move by the world’s biggest contract chipmaker to ease a semiconductor shortage that is crippling the global automotive industry, Nikkei Asia has learned. TSMC expects to bring in so-called “super hot runs” for automotive chips to cut production cycle… Continue reading TSMC puts auto chip output in fast lane to ease global crunch
Tesla Slumps After First Results as a Blue Chip Disappoint
(Bloomberg) — Tesla Inc. reported lower-than-expected profit and record revenue, mixed results that disappointed investors used to razzle-dazzle from the newly minted member of the S&P 500 Index. The electric-vehicle market leader reported an adjusted fourth-quarter profit of 80 cents a share Wednesday, falling short of analysts’ consensus for $1.03 and well below the blowout… Continue reading Tesla Slumps After First Results as a Blue Chip Disappoint
German Handelsblatt: Modular electrification kit: Next generation of electric cars: Hyundai competes with Volkswagen001205
New electric cars at Hyundai The E-GMP architecture was designed exclusively for battery-electric drives, at least for the time being. Rüsselsheim It doesn’t work without it. Anyone who wants to have a significant say in the future of e-mobility in the automotive industry needs a vehicle architecture that is consistently designed for electric drives. This… Continue reading German Handelsblatt: Modular electrification kit: Next generation of electric cars: Hyundai competes with Volkswagen001205
Elon Musk says Tesla has held ‘preliminary discussions’ to license its Autopilot software to other manufacturers (TSLA)
Elon Musk said Tesla has held early talks to license its software with other car manufacturers. The CEO has said in the past he is not looking to edge out other competitors, but rather simply advance the technology. Musk said the “full self-driving” software may be functional without an operator within the year, reaching Level… Continue reading Elon Musk says Tesla has held ‘preliminary discussions’ to license its Autopilot software to other manufacturers (TSLA)