German industrial giant Siemens AG is investing more than $100 million in Volkswagen AG’s Electrify America unit, becoming the first outside investor in the North American network of electric vehicle charging stations. Including new funds from its parent Volkswagen, the Electrify America unit would receive a total injection of $450 million, the companies said. The… Continue reading Siemens to invest in Volkswagen’s N.American charging network
Tag: Volvo
Best car leasing deals 2022
Car leasing, or Personal Contract Hire (PCH), is a popular finance option for those wanting a brand new car at an affordable monthly price. Car leasing deals are ideal if you don’t have the finances to buy a car outright, or if you simply aren’t interested in owning the car at the end of the… Continue reading Best car leasing deals 2022
@Tata-JLR: Circulor raises $25M, demonstrating growing global demand for transparent, secure, and responsible supply chains
Circulor announces that it has raised $25 million (20 million GBP) in Series B funding, signaling growing market demand for more transparent and secure industrial supply chains. Circulor provides the most proven and mature solution for increasing supply chain visibility. A growing number of companies are turning to Circulor to gain data-driven insights into their… Continue reading @Tata-JLR: Circulor raises $25M, demonstrating growing global demand for transparent, secure, and responsible supply chains
@Geely: Geely Holding Targets Carbon Neutrality Across Entire Value Chain by 2045
Geely Holding Group targets carbon neutrality across entire value chain by 2045 Joined UNGC with commitment to the ten principles of the Compact and 17 UNSDGs Commitment to ESG elevated with board level Environmental, Social and Governance Committee Sales of plug-in hybrid and battery electric vehicles across the Group increased approximately 94% YoY Total installed… Continue reading @Geely: Geely Holding Targets Carbon Neutrality Across Entire Value Chain by 2045
German Manager Magazin: Polestar goes public: Why the e-car manufacturer is not afraid of a spac flop001874
Polestar kept its word. Despite the unrest on the market, the electric car manufacturer stuck to its plans to go public in the first half of 2022. On Friday the time had come. After a space deal with the shell company “Gores Guggenheim”, the brand is now listed on the Nasdaq in New York with… Continue reading German Manager Magazin: Polestar goes public: Why the e-car manufacturer is not afraid of a spac flop001874
German Manager Magazin: Daimler Truck: Hydrogen truck to cover 1000 kilometers001873
Daimler trucks plans to produce hydrogen trucks with a range of around 1000 kilometers. Liquid hydrogen should come into the tanks, which has a higher energy density than gaseous hydrogen and therefore enables longer ranges. The manufacturer announced this on Monday in the southern Palatinate town of Wörth am Rhein. The truck builder has a… Continue reading German Manager Magazin: Daimler Truck: Hydrogen truck to cover 1000 kilometers001873
Automotive Software Market worth $40.1 billion in 2027 – Exclusive Report by MarketsandMarkets™
CHICAGO , June 27, 2022 /PRNewswire/ — According to the new market research report “Automotive Software Market by Application (ADAS & Safety, Connected Services, Autonomous Driving, HMI, V2X, Infotainment), Software Layer (OS, Middleware, Application), EV Application (Charging, Battery, V2G), Vehicle and Region – Global Forecast to 2027″, published by MarketsandMarkets™, the global Automotive Software Market size is… Continue reading Automotive Software Market worth $40.1 billion in 2027 – Exclusive Report by MarketsandMarkets™
Chinese firm Aiways plans 2023 UK launch with U5 SUV
Chinese firm Aiways aims to start selling cars in the UK and other right-hand- drive markets in 2023. Founded in 2017 by Fu Qiang (a former sales chief at Volvo) and Gary Gu, it now has a factory in Shanghai with an annual capacity of 300,000 units, plus its own research and development centre and… Continue reading Chinese firm Aiways plans 2023 UK launch with U5 SUV
Volvo Cars & Epic Games Bring Real-Time Photorealistic Visualisation Into Volvo Cars – Auto Futures
Listen to this article Reading Time: 2 minutes Volvo Cars is bringing photorealistic visualisation technology into its next generation of electric cars through a new collaboration with Epic Games. The companies are teaming up to bring Epic’s Unreal Engine game engine which provides high-quality graphics to the cabin of upcoming Volvo cars. Epic Games is… Continue reading Volvo Cars & Epic Games Bring Real-Time Photorealistic Visualisation Into Volvo Cars – Auto Futures
Polestar goes public amid uncertainty around EV stocks
Polestar is the latest electric vehicle company to go public, listing its stock on the Nasdaq exchange Friday after successfully merging with a special-purpose acquisition company, or SPAC. The company plans on using the $850 million in fresh capital to fund its three-year plan to make several new electric models and become profitable. The Swedish… Continue reading Polestar goes public amid uncertainty around EV stocks