Twaice Raises $26M In Series B Funding

Twaice, a Chicago, IL-based battery analiytics company, raised $26m in Series B funding. The round, which brought total financing to $45m, was led by Energize Ventures. The company intends to use the funds to expand the analytics platform and accelerate international expansion. Led by Stephan Rohr, Twaice provides predictive analytics software that optimizes the development… Continue reading Twaice Raises $26M In Series B Funding

Radford confirms Lotus 62 as inspiration for exclusive debut car

Radford, the historic coachbuilding firm being revived by Formula 1 champion Jenson Button, TV mechanic Ant Anstead and designer Mark Stubbs, has partnered with Lotus for its debut model, set to be revealed later this year.  Just 62 examples of the brand’s debut model will be built, a reference to the model that serves as its… Continue reading Radford confirms Lotus 62 as inspiration for exclusive debut car

New 2021 Mercedes-Benz SL: bespoke shell shown ahead of reveal

Mercedes-AMG has revealed new details of the composite aluminium body shell used by the all-new SL roadster, due later this year. Completely unrelated to the structures that underpin the previous-generation SL and current AMG GT, the new body combines an aluminium space frame with a “self-supporting structure”. Mercedes claims the development process was particularly challenging… Continue reading New 2021 Mercedes-Benz SL: bespoke shell shown ahead of reveal

@VW Group: Lamborghini announces its roadmap for electrification: “Direzione Cor Tauri”003103

A landmark transformation plan for Lamborghini’s sustainability path: from product electrification to the Sant’Agata Bolognese site Top product performance: the absolute priority throughout the entire electrification program Roadmap incorporates celebration of the combustion engine and the range’s hybrid transition by 2024 Internal target defined: 50% less product CO2 emissions by the beginning of 2025 The… Continue reading @VW Group: Lamborghini announces its roadmap for electrification: “Direzione Cor Tauri”003103

@VW Group: Volkswagen Supervisory Board elects Daniela Cavallo to succeed Bernd Osterloh on the Executive Committee003103

The Supervisory Board of Volkswagen AG has elected Daniela Cavallo to serve on its Executive Committee, following her appointment as a member of the Supervisory Board by the competent local court effective May 11, 2021. This was announced by the company in Wolfsburg on Tuesday. Ms. Cavallo has been Chairperson of the General and Group… Continue reading @VW Group: Volkswagen Supervisory Board elects Daniela Cavallo to succeed Bernd Osterloh on the Executive Committee003103

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@VW Group: Audi further extends the premium-mobility service ‘Audi on demand’ in Germany003104

A new subscription offer, a dedicated app and now more than 65 stations at German dealers: AUDI AG is pressing ahead with the expansion of its exclusive mobility service ‘Audi on demand’ and thus complementing its digital ecosystem around the automobile. In this way customers gain an even broader range of services that respond to… Continue reading @VW Group: Audi further extends the premium-mobility service ‘Audi on demand’ in Germany003104

Lamborghini plans to electrify entire range by 2024

Lamborghini has announced plans to produce only hybrid electric supercars by 2024, becoming the latest sports car producer to shift away from polluting internal combustion engines. The Italian supercar company announced on Tuesday it was investing €1.5bn (£1.3bn) in hybrid and all-electric vehicles. The brand, which is owned by Volkswagen, said its current models –… Continue reading Lamborghini plans to electrify entire range by 2024

Lamborghini is kicking off its electrification plan with two gas-powered super sports cars

Lamborghini will pay homage to combustion engines with the introduction of two new V12 luxury sports cars this year before it makes a push into electrification as the company tries to balance its storied gas-powered past with a hybrid, and eventually electric, future. The company laid out Tuesday its electrification roadmap, a plan that will… Continue reading Lamborghini is kicking off its electrification plan with two gas-powered super sports cars

@Geely: Mon 17 May 2021Mark Farries appointed Group Lotus Chief Financial OfficerGroup Lotus announces that Mark Farries has been appointed Chief Financial Of…

(Hethel, UK – 17 May 2021) – Group Lotus announces that Mark Farries has been appointed Chief Financial Officer (CFO), replacing incumbent, Robert Gong, who is returning to Geely’s HQ in China (Lotus majority shareholder).  Farries, 44, joined Lotus earlier this year as Head of Commercial Finance. He brings a wealth of international experience from… Continue reading @Geely: Mon 17 May 2021Mark Farries appointed Group Lotus Chief Financial OfficerGroup Lotus announces that Mark Farries has been appointed Chief Financial Of…