VANCOUVER, BC, LONDON and GLASGOW, Scotland, Nov. 11, 2021 /PRNewswire/ – Ballard Power Systems (NASDAQ: BLDP)(TSX: BDLP), a world leader in the design and manufacturing of PEM fuel cell engines for medium- and heavy-duty vehicles, today announced the acquisition of Arcola Energy, a UK-based systems engineering company specializing in hydrogen fuel cell powertrain and vehicle… Continue reading Ballard Power announces acquisition of Arcola Energy to help customers integrate fuel cell engines into heavy-duty mobility
Tag: Mobility
Hyundai Motor Group establishes US UAM subsidiary ‘Supernal’ in Washington
Supernal is planning to introduce a fully electrified UAM model in 2028 and regional air mobility (RAM) for intercity operations in 2030. Hyundai Motor Group confirmed the name of its urban air mobility (UAM) subsidiary in Washington DC, the US as ‘Supernal‘ and will speed up the UAM business. Hyundai Motor Group set up the… Continue reading Hyundai Motor Group establishes US UAM subsidiary ‘Supernal’ in Washington
Grab’s revenue slips by 9% in Q3 2021 as mobility takes back seat
Meanwhile, Grab’s adjusted operating loss for the third quarter widened by 66% to US$212 million. Go to Source
Grab Reports Third Quarter 2021 Results
Gross Merchandise Value (“GMV”) reached a new quarterly record of $4.0 billion, up 32% year-over-year (“YoY”) in spite of a challenging operating environment Deliveries GMV grew 63% YoY; Grab expects a strong recovery in mobility heading into Q4 2021 Average spend per user [1] on Grab’s platform grew 43% YoY to hit a record high… Continue reading Grab Reports Third Quarter 2021 Results
Kia teases Concept EV9 – a manifestation of its vision as a sustainable mobility solutions provider
The first visuals of the concept SUV show an ultramodern exterior design, the schematics of which hint at a contemporary recreational treatment that’s brought to the fore by an upright and capable stylistic stance. The renderings illustrate a highly conceptual cabin that has been honed to give the driver and passengers a light, flexible and… Continue reading Kia teases Concept EV9 – a manifestation of its vision as a sustainable mobility solutions provider
BlueWing Motors, a Green Smart Mobility Startup, Signs MOU with Indonesia’s UNS for Joint Ventures and Technology Exchanges for Two-wheelers
Under the MOU, BlueWing Motors will make inroads into Indonesia, where government-led policies are currently being implemented to reduce the nation’s greenhouse gas (GHG) emissions, to convert two-wheelers into electric vehicles. Through its collaboration with UNS, BlueWing Motors will be able to participate in state-led projects in Indonesia, such as those aimed at converting fuel-powered… Continue reading BlueWing Motors, a Green Smart Mobility Startup, Signs MOU with Indonesia’s UNS for Joint Ventures and Technology Exchanges for Two-wheelers
@Daimler: 11. Nov 2021Daimler Truck is ready for stock market listing on December 10th – unlocking its full potential
Karin Rådström, responsible for the regions Europe and Latin America and the brand Mercedes-Benz, explained that – despite some extraordinary challenges for the industry – Mercedes-Benz is making good progress to drive the segment’s turnaround: Personnel cost reduction programs worth €280 million are already halfway through and the organization is becoming leaner by reducing the… Continue reading @Daimler: 11. Nov 2021Daimler Truck is ready for stock market listing on December 10th – unlocking its full potential
@Daimler: 27. Oct 2021Daimler aligns Board responsibilities after Trucks split: Jörg Burzer to join Board of Management
October 27, 2021 – Daimler is aligning the Management Board responsibilities between Daimler AG and Mercedes-Benz AG to enable leaner decision-making in the wake of the separation of Trucks and Buses from Cars and Vans. After synchronizing the Board memberships of Mercedes-Benz AG and Daimler AG, the parent company Daimler is also due to be… Continue reading @Daimler: 27. Oct 2021Daimler aligns Board responsibilities after Trucks split: Jörg Burzer to join Board of Management
Grab’s Q3 net loss widens to $988m, revenue down by 9%
Singapore-headquartered ride-hailing and deliveries company Grab on Thursday said it has reported a net loss of $988 million in the third quarter of this year, up 59% from a net loss of $621 million in the same period last year, according to its report on the third-quarter earnings. The company said its Q3 losses widened… Continue reading Grab’s Q3 net loss widens to $988m, revenue down by 9%
Nexteer Automotive Honored with Two CES 2022 Innovation Awards for Steer-by-Wire with Stowable Steering Column and Automated Steering Actuator
AUBURN HILLS, Mich., Nov. 11, 2021 /PRNewswire/ — Nexteer Automotive has been recognized twice as a CES 2022 Innovation Awards Honoree in the “Vehicle Intelligence & Transportation” product category for its Steer-by-Wire (SbW) with Stowable Steering Column and its Automated Steering Actuator. Nexteer’s combination of SbW with Stowable Steering Column reinvents the “behind-the-wheel” experience and opens an… Continue reading Nexteer Automotive Honored with Two CES 2022 Innovation Awards for Steer-by-Wire with Stowable Steering Column and Automated Steering Actuator