German Handelsblatt: Automaker: Kuwait faces partial withdrawal from Mercedes-Benz006619

Kuwait sells Mercedes shares Mercedes headquarters in Stuttgart-Untertürkheim: The ownership structure is changing somewhat as a result of the partial withdrawal of the Kuwaiti sovereign wealth fund. (Photo: dpa) After almost five decades, the Kuwaiti sovereign wealth fund is partially withdrawing from the Stuttgart carmaker Mercedes-Benz. The Kuwait Investment Authority puts 20 million Mercedes-Benz shares… Continue reading German Handelsblatt: Automaker: Kuwait faces partial withdrawal from Mercedes-Benz006619

German Handelsblatt: Automaker: Kuwait faces partial withdrawal from Mercedes-Benz006619

Kuwait sells Mercedes shares Mercedes headquarters in Stuttgart-Untertürkheim: The ownership structure is changing somewhat as a result of the partial withdrawal of the Kuwaiti sovereign wealth fund. (Photo: dpa) After almost five decades, the Kuwaiti sovereign wealth fund is partially withdrawing from the Stuttgart carmaker Mercedes-Benz. The Kuwait Investment Authority puts 20 million Mercedes-Benz shares… Continue reading German Handelsblatt: Automaker: Kuwait faces partial withdrawal from Mercedes-Benz006619

German Handelsblatt: Automaker: Kuwait faces partial withdrawal from Mercedes-Benz006619

Kuwait sells Mercedes shares Mercedes headquarters in Stuttgart-Untertürkheim: The ownership structure is changing somewhat as a result of the partial withdrawal of the Kuwaiti sovereign wealth fund. (Photo: dpa) After almost five decades, the Kuwaiti sovereign wealth fund is partially withdrawing from the Stuttgart carmaker Mercedes-Benz. The Kuwait Investment Authority puts 20 million Mercedes-Benz shares… Continue reading German Handelsblatt: Automaker: Kuwait faces partial withdrawal from Mercedes-Benz006619

China: Wuhan is to become an auto innovation center with 6.8 billion euros

Wuhan plans around 6.8 billion euros for automotive innovation center. Wuhan is already an important center for new technologies and we now want to expand it. Here, the research and production of vehicles with new energy, new automotive electronics, new automotive chips and related aftermarket to be at home. The idea is by no means… Continue reading China: Wuhan is to become an auto innovation center with 6.8 billion euros

Geely-Proton: READ MORE000072

28 Mar 2023 PROTON UNVEILS NEW SUV TO MALAYSIAN MEDIA – PROTON X90 to use mild hybrid system marking PROTON’s debut in NEV segment – New 3-row SUV presented by Proton as a Premium Modern Family SUV   Subang Jaya, 28 March 2023 – PROTON’s long awaited mild-hybrid electric vehicle (MHEV) model, the PROTON X90, was… Continue reading Geely-Proton: READ MORE000072

VECV plans to invest Rs 250 crores in hydrogen projects over the next 3 yrs

As India is fast pushing for the use of hydrogen for a cleaner future, Volvo Eicher Commercial Vehicles (VECV) aims to invest Rs 250 crore in hydrogen-based technologies in the next 3–4 years, as per Rajinder S Sachdeva, COO and Head of R&D, VECV.  At present, the company is working on six fuel technologies, namely diesel,… Continue reading VECV plans to invest Rs 250 crores in hydrogen projects over the next 3 yrs

Euro 7 emissions proposals, the sequel Europe’s carmakers don’t want to see

Stefan Bratzel, head of think-tank the Center of Automotive Management, said Dieselgate has created an image problem for carmakers where “you couldn’t trust in what they said.” European carmakers are fighting back against proposed emission regulations they argue are too costly, rushed and unnecessary, but which the European Commission says are needed to cut harmful… Continue reading Euro 7 emissions proposals, the sequel Europe’s carmakers don’t want to see

Cleantechnica: 100% Electric Vehicles Now Equal 16% Of New Car Sales In France 002672

The China-made Dacia Spring was last month’s best selling EV and the 8th best selling car overall in France. Plugins continue to rise in France, with last month’s plugin vehicle registrations ending at 30,119 units, divided between 19,683 BEVs (or 16% share of the overall auto market) and 10,436 PHEVs (8% share of the auto… Continue reading Cleantechnica: 100% Electric Vehicles Now Equal 16% Of New Car Sales In France 002672

‘Hydrogen-ICE should be included in auto-PLI schemes’: Dr N Saravanan, President and CTO, Ashok Leyland

‘Hydrogen-ICE should be included in auto-PLI schemes’: Dr N Saravanan, President and CTO, Ashok Leyland The hydrogen-internal combustion engine (ICE) vehicles, which appear to be low-hanging fruit for Indian OEMs, should be included in the production-linked incentive (PLI) scheme for the automobile industry. This is the word coming in from Dr. N Saravanan, President and… Continue reading ‘Hydrogen-ICE should be included in auto-PLI schemes’: Dr N Saravanan, President and CTO, Ashok Leyland

‘Hydrogen-ICE should be included in auto-PLI schemes’: Dr N Saravanan, President and CTO, Ashok Leyland

‘Hydrogen-ICE should be included in auto-PLI schemes’: Dr N Saravanan, President and CTO, Ashok Leyland The hydrogen-internal combustion engine (ICE) vehicles, which appear to be low-hanging fruit for Indian OEMs, should be included in the production-linked incentive (PLI) scheme for the automobile industry. This is the word coming in from Dr. N Saravanan, President and… Continue reading ‘Hydrogen-ICE should be included in auto-PLI schemes’: Dr N Saravanan, President and CTO, Ashok Leyland