Mercedes Benz India, the country’s largest luxury car maker aims to have a portfolio of eight electric vehicles within a year, as the demand for zero-emission vehicles in India gains momentum. With the sales mark almost breaching the 1000 units market, the maker of EQS is planning to double its portfolio by adding another… Continue reading Mercedes Benz India to double its EV portfolio to eight models in 8-12 months
Tag: Geely
Mercedes Benz India to double its EV portfolio to eight models in 8-12 months
Mercedes Benz India, the country’s largest luxury car maker aims to have a portfolio of eight electric vehicles within a year, as the demand for zero-emission vehicles in India gains momentum. With the sales mark almost breaching the 1000 units market, the maker of EQS is planning to double its portfolio by adding another… Continue reading Mercedes Benz India to double its EV portfolio to eight models in 8-12 months
The 4Fs of EV revolution in India: Fundamentals, Factors, Future, and Funding
ETAuto virtual summit on ‘4F of EV Revolution in India’ New Delhi: The emerging opportunities in the electric vehicle space for innovative business models, battery chemistry mix, collaborations, and more importantly in the basics or 4Fs – Fundamentals, Factors, Future and Funding – were discussed by industry experts at the ETAuto virtual summit on ‘4F… Continue reading The 4Fs of EV revolution in India: Fundamentals, Factors, Future, and Funding
Global Electric Trucks Market Report 2023: Reducing Cost of EV Batteries, Lower Operating Cost and Increasing Vehicle Range Drives Growth
DUBLIN, March 22, 2023 /PRNewswire/ — The “Electric Trucks Market by Propulsion (BEV, PHEV & FCEV), Type (Light-Duty Trucks, Medium-Duty Trucks & Heavy-Duty Trucks), Range, Battery Type, Battery Capacity, Level of Automation, End User, GVWR & Region – Global Forecast to 2030” report has been added to ResearchAndMarkets.com’s offering. The electric truck market is projected to… Continue reading Global Electric Trucks Market Report 2023: Reducing Cost of EV Batteries, Lower Operating Cost and Increasing Vehicle Range Drives Growth
Geely shares jump after automaker beats revenue expectations for 2022
watch now Chinese automaker Geely beat revenue expectations for 2022, sending shares surging Wednesday. Shares of Geely spiked as much as 7%, before settling down to trade nearly 3% above its previous close. Geely reported its 2022 revenue surged 45.6% from a year ago to 148 billion yuan ($21.49 billion), while profit jumped 8.5% to… Continue reading Geely shares jump after automaker beats revenue expectations for 2022
Volvo to export all-new compact EV from China: CEO
TOKYO — Volvo’s all-new electric vehicle slated for launch this year will be manufactured in China and exported to Europe and Japan, the Swedish automaker’s CEO said in an interview with Nikkei. The new strategic EV will target a “brand new segment,” said Volvo Cars CEO Jim Rowan. “It’s going to be a brand new demographic, a… Continue reading Volvo to export all-new compact EV from China: CEO
Universal Technical Institute Announces Purchase of Primary Buildings at Orlando, Florida Campus
Follows successfully completing the consolidation of UTI-Orlando and MMI-Orlando into a single site in 2022 Purchase price of $26 million to be funded from cash on hand Expected to generate approximately $2 million of annual adjusted EBITDA benefit and approximately $500 thousand of annual after tax cash savings PHOENIX, March 22, 2023 /PRNewswire/ — Universal… Continue reading Universal Technical Institute Announces Purchase of Primary Buildings at Orlando, Florida Campus
German Handelsblatt: Deepdrive: More power, less weight: BMW and Continental invest in electric motor start-up006578
Deepdrive dual rotor motor Electric cars with this light motor should have a longer range than with conventional electric motors. (Photo: Deepdrive) In order to improve the efficiency of electric cars, there has been great progress in recent years, especially with batteries. “But especially with the engine itself, major leaps in development are still possible,”… Continue reading German Handelsblatt: Deepdrive: More power, less weight: BMW and Continental invest in electric motor start-up006578
German Handelsblatt: Deepdrive: More power, less weight: BMW and Continental invest in electric motor start-up006578
Deepdrive dual rotor motor Electric cars with this light motor should have a longer range than with conventional electric motors. (Photo: Deepdrive) In order to improve the efficiency of electric cars, there has been great progress in recent years, especially with batteries. “But especially with the engine itself, major leaps in development are still possible,”… Continue reading German Handelsblatt: Deepdrive: More power, less weight: BMW and Continental invest in electric motor start-up006578
Europa Wire: ACEA reiterates call to accelerate action to secure EU’s industrial base000511
ACEA reiterates call to accelerate action to secure EU’s industrial base (IN BRIEF) The European Automobile Manufacturers’ Association (ACEA) is urging EU leaders to prioritize the green transition and protect the EU’s industrial base. Ahead of the European Council Summit, ACEA President Luca de Meo expressed the challenges faced by the automotive industry, including the… Continue reading Europa Wire: ACEA reiterates call to accelerate action to secure EU’s industrial base000511