@BMW: Statement Oliver Zipse, Chairman of the Board of Management of BMW AG, Conference Call Quarterly Statement to 30 September 2021001561

A very warm welcome to all of you! The BMW Group is profitable and the company is growing. This is thanks to our customers around the world as well as the strong demand for our diverse range of products and drivetrain technologies. We delivered 1.9 million BMW, MINI and Rolls-Royce vehicles to customers in the… Continue reading @BMW: Statement Oliver Zipse, Chairman of the Board of Management of BMW AG, Conference Call Quarterly Statement to 30 September 2021001561

@BMW: Statement Dr Nicolas Peter, Member of the Board of Management of BMW AG, Finance, Conference Call Quarterly Statement to 30 September 2021001560

Good Morning, Ladies and Gentlemen. The BMW Group’s positive business development in the first nine months of the year confirms our strategic course. Throughout the semiconductor crisis, our employees have delivered outstanding performance, month after month. That is how we were able to raise our expected targets for the year again in September. All segments… Continue reading @BMW: Statement Dr Nicolas Peter, Member of the Board of Management of BMW AG, Finance, Conference Call Quarterly Statement to 30 September 2021001560

@BMW: BMW Group Quarterly Statement to 30 September 2021001559

Do you need help? Please contact our support team from 9 to 17 CET via support.pressclub@bmwgroup.com. PressClub Global · Article. Wed Nov 03 07:32:14 CET 2021 Press Release Top BMW Group Quarterly Statement to 30 September 2021 Attached please find the Quarterly Statement to 30 September 2021 for download. The telephone conferences for journalists and… Continue reading @BMW: BMW Group Quarterly Statement to 30 September 2021001559

@BMW: BMW Group boosts performance with significantly higher earnings001558

Munich. The BMW Group continued to demonstrate its high level of profitability in the period from July to September 2021, with revenues, profit before tax and net profit all at record levels for a third quarter. The Group’s strong performance during this period was driven in particular by favourable product mix factors and positive pricing… Continue reading @BMW: BMW Group boosts performance with significantly higher earnings001558

Samsung SDI recorded all-time high quarterly earnings in the third quarter… “Demand for high-performance electric vehicle batteries increases”

Samsung SDI achieved an all-time record high in the third quarter due to demand for high-performance electric vehicle batteries. Samsung SDI announced on the 2nd that it recorded KRW 3.4398 trillion in sales and KRW 373.5 billion in operating profit in the third quarter.  Sales increased by 11.4% compared to the same period last year, and… Continue reading Samsung SDI recorded all-time high quarterly earnings in the third quarter… “Demand for high-performance electric vehicle batteries increases”

Autos & Transportation · 8:07 AM UTCBMW offsets lower deliveries with higher prices, EV salesHigher prices and strong electric vehicle sales helped Ge…

BMW logo is seen during Munich Auto Show, IAA Mobility 2021 in Munich, Germany, September 8, 2021. REUTERS/Wolfgang Rattay Q3 net profit 2.58 bln euros vs forecast 2.38 bln Q3 deliveries fell 12.2%, but revenues up 4.5% Q3 autos EBIT margin 7.8% BERLIN, Nov 3 (Reuters) – Higher prices and strong electric vehicle sales helped… Continue reading Autos & Transportation · 8:07 AM UTCBMW offsets lower deliveries with higher prices, EV salesHigher prices and strong electric vehicle sales helped Ge…

e.GO Mobile electric vehicle manufacturer announces launch of smart Battery Swap service – the “e.Pit”

Customers, who may find themselves in need of dealing with an unexpected occasion that requires a trip longer than usual, could utilize this smart in-built feature of their e.GO Life to swap the nearly depleted battery with a fully charged one in a designated e.GO battery swap station – the “e.Pit”. They can pick up… Continue reading e.GO Mobile electric vehicle manufacturer announces launch of smart Battery Swap service – the “e.Pit”

Ford and Newlab Announce Startups to Pilot New Electric Vehicle Tech

Ford Motor Company and Newlab, a community of experts and innovators applying transformative technology to solve the world’s biggest challenges, recently announced the five startups that will participate in the inaugural cohort of the Mobility Studio—a new program focused on supporting the advancement of technologies, product collaborations, and business models that drive a cleaner transportation future. The… Continue reading Ford and Newlab Announce Startups to Pilot New Electric Vehicle Tech

XPeng launches ‘Smart Driving Points’ beta, eerily similar to Tesla’s ‘Safety Score’

Chinese EV automaker XPeng Motors has taken a play out of Tesla’s book and will implement a ‘Smart Driving Points’ scoring system to ensure future owners don’t abuse its self-driving technology. The safety monitoring system has launched in beta form ahead of a 2022 rollout, and appears to be eerily similar to Tesla’s recent ‘Safety… Continue reading XPeng launches ‘Smart Driving Points’ beta, eerily similar to Tesla’s ‘Safety Score’

Autonomous vehicle maker Nuro secures $600M for expansion

Silver Spring, Md. — Electric vehicle maker Nuro said Tuesday it had secured $600 million in funding from Google, Kroger and others to continue the development of its autonomous delivery vehicle service. The Silicon Valley robotics company has already made thousands of grocery deliveries with Kroger as a part of a 2018 partnership. More: Robots hit the… Continue reading Autonomous vehicle maker Nuro secures $600M for expansion