JINHUA, CHINA, July 19, 2021 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ GS: KNDI), today announced the expansion of its battery cell business with the acquisition of a leading cell producer in Jiangxi Province, China. Kandi is a leader in electric vehicles and associated parts, including the cell business… Continue reading @Geely: Kandi Expands Battery Cell Business with Acquisition of Jiangxi Huiyi
Tag: Mobility
@BMW: The BMW Group at the IAA MOBILITY 2021 show: Open discussions on the sustainable mobility of the future – in person in Munich and digitally around the world.001303
Munich. After 70 years in Frankfurt am Main, the IAA motor show will take place for the first time in the BMW Group’s home city of Munich. Over the six days from 7 – 12 September 2021, exhibitors will showcase their latest innovations and discuss the mobility of the future with trade professionals and members… Continue reading @BMW: The BMW Group at the IAA MOBILITY 2021 show: Open discussions on the sustainable mobility of the future – in person in Munich and digitally around the world.001303
Hyzon Motors Inc. Announces Initiation of Trading on Nasdaq Under Ticker Symbol “HYZN”
ROCHESTER, N.Y., July 19, 2021 /PRNewswire/ –Hyzon Motors Inc. (NASDAQ: HYZN), a leading global supplier of zero-emission hydrogen fuel cell-powered heavy vehicles, announced that its Class A Common Stock will commence trading at market open today, July 19, 2021, on the Nasdaq Global Select market under the ticker symbol “HYZN”. This follows the previously announced… Continue reading Hyzon Motors Inc. Announces Initiation of Trading on Nasdaq Under Ticker Symbol “HYZN”
@Daimler: Daimler supports population in flood areas
Since Friday, Daimler has been providing heavy off-road Mercedes-Benz Unimog and special vehicles to support regional rescue teams Daimler AG donates 1 million euros for emergency aid Donation goes to the German Red Cross and the Federal Agency for Technical Relief Ola Källenius, Chairman of the Board of Management of Daimler AG and Mercedes-Benz AG:… Continue reading @Daimler: Daimler supports population in flood areas
German Handelsblatt: Bilanzcheck: “Our lead should be two to three years”: How Volkswagen is tackling the next upheaval002475
Düsseldorf Herbert Diess certifies a bright future for the automotive industry. Because the electric drive makes vehicles cleaner and safer thanks to autonomous driving, interest in one’s own car is likely to increase significantly in the foreseeable future. “I am very optimistic about the future auto business,” said the Volkswagen CEO to the Handelsblatt. But… Continue reading German Handelsblatt: Bilanzcheck: “Our lead should be two to three years”: How Volkswagen is tackling the next upheaval002475
Daimler’s Maybach, AMG and G-Class will be bundled into new luxury group – Automotive News Europe
BERLIN — Mercedes-Benz owner Daimler will unveil a new business group comprising the AMG, Maybach and G-Class subbrands at the Munich auto show in September. The move will streamline marketing costs and is part of Daimler CEO Ola Kallenius’ plan to boost productivity and profitability, with a focus on high-margin sales. AMG boss Philipp Schiemer… Continue reading Daimler’s Maybach, AMG and G-Class will be bundled into new luxury group – Automotive News Europe
Audi will switch to agency model for EV sales – Automotive News Europe
BERLIN — Audi plans to switch to agency sales for its electric models starting in 2023. Through this model, cars will be sold directly by the brand to end customers, with dealers acting only as intermediaries. So far Audi has been selling its own EVs such as the e-tron and e-tron GT through its authorized… Continue reading Audi will switch to agency model for EV sales – Automotive News Europe
Veoneer partners with Baraja to deliver Spectrum-Scan LiDAR for next generation autonomous vehicles
STOCKHOLM, July 19, 2021 /PRNewswire/ — The automotive technology company Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB) has signed an agreement with pioneering LiDAR company Baraja to industrialize their Spectrum-Scan™ LiDAR technology for the next market wave of L2+ through L4 autonomous vehicle applications. Under the non-exclusive agreement, Veoneer will develop, market and integrate… Continue reading Veoneer partners with Baraja to deliver Spectrum-Scan LiDAR for next generation autonomous vehicles
Robotaxis: have Google and Amazon backed the wrong technology?
An evolutionary approach to building driverless cars is challenging the companies targeting a ‘moonshot’ solution to full automation Go to Source
German Manager Magazin: 11 billion dollar valuation and hardly any income000951
The robot car company Aurora is the first promising developer of future technology to go public. So far from, among others Amazon supported company takes – like many start-ups currently – an abbreviation via the merger with an already listed company shell, a so-called Spac (“Special Purpose Acquisition Company”). Aurora is valued at around eleven… Continue reading German Manager Magazin: 11 billion dollar valuation and hardly any income000951