Bosch is taking the next step to help fuel cells as emission-free drive solutions achieve a global breakthrough. Together with the premium commercial vehicle manufacturer Qingling Motors, the company has now established a joint venture in China, named Bosch Hydrogen Powertrain Systems (Chongqing) Co. The new company will develop, assemble and market fuel cell systems… Continue reading Bosch sets up JV with China’s Qingling Motors for fuel cells
Tag: Mobility
Ola to extend electric drive to cars
Ola Electric, which is busy building a mega factory in Tamil Nadu for its foray into the electric two-wheeler industry, is now gearing up to enter the Indian electric passenger vehicle (PV) segment. From the looks of it, the company aims to gain an early mover advantage in this nascent EV space that just has… Continue reading Ola to extend electric drive to cars
@VW Group: Way to Zero: Volkswagen presents roadmap for climate-neutral mobility002953
At the first Way to Zero Convention, Volkswagen today gave details of its plans for decarbonizing the company and its products. The company intends to be net carbon neutral by 2050 at the latest. A new interim milestone is the targeted 40-percent reduction in CO2 emissions per vehicle in Europe by 2030 – substantially outperforming… Continue reading @VW Group: Way to Zero: Volkswagen presents roadmap for climate-neutral mobility002953
Report: Baidu to launch driverless ride-hailing service in Beijing
Baidu will operate in western Beijing’s Shougang Industrial Park beginning May 2 with its fleet of 10 driverless vehicles. Go to Source
Visteon Announces First-Quarter 2021 Results
• $746 million Q1 net sales; 14% increase Y/Y excluding currency • Net income of $16 million in Q1 or $0.56 per diluted share • Adjusted EBITDA of $64 million, 8.6% of sales • $1.8 billion in new business wins — First microZone™ display award with large North American OEM —… Continue reading Visteon Announces First-Quarter 2021 Results
Thursday Morning Auto News, Apr 29, 2021
China’s Baidu to launch paid driverless ride-hailing services in Beijing – Reuters Huawei deepens dive into EVs, seeks control of small automaker- Reuters Volkswagen plans renewable investments in CO2 reduction push – Reuters Ford CEO expects chip shortage impact to bottom in Q2, production rebound in second half of year – CNBC GM makes deals… Continue reading Thursday Morning Auto News, Apr 29, 2021
@Nio: 000224
On April 29, 2021, NeoPark, a smart electric vehicle industry park at Xinqiao, Hefei, Anhui province, was officially kicked off. The ceremony was jointly attended and celebrated by Li Jinbin, Party Secretary of Anhui, Wang Qinxian, Governor of Anhui, Deng Xiangyang, Executive Vice Governor of Anhui, Yu Aihua, Party Secretary of Hefei, Guo Qiang, standing… Continue reading @Nio: 000224
“We Aim to Become the Global Leader in Technology for Automated Driving”
CEO Nikolai Setzer looks confidently to the future in his speech at the 2021 Annual Shareholders’ Meeting: “Things are looking up. Progress may be slow this year, but we feel it: demand is recovering in 2021” In its 150th anniversary year Continental is resolutely implementing its realigned strategy: “Shaping the transformation. It made us strong… Continue reading “We Aim to Become the Global Leader in Technology for Automated Driving”
Valmet Automotive’s Sustainability Report 2020 published: significant progress on Sustainability goals
Valmet Automotive has today published the Group’s Sustainability Report for 2020. Despite a challenging year, Valmet Automotive made significant progress towards its sustainability goals in 2020. The report presents the company’s key sustainability themes, strategic priorities and 2020 highlights. Valmet Automotive publishes the Sustainability Report annually. The importance of sustainable development is constantly growing in… Continue reading Valmet Automotive’s Sustainability Report 2020 published: significant progress on Sustainability goals
Hyzon Motors, NEOM and Modern Group Plan to Collaborate on Hydrogen-Powered Vehicle Value Chain
ROCHESTER, N.Y. and RIYADH, Saudi Arabia, April 29, 2021 /PRNewswire/ — Hyzon Motors Inc. (“Hyzon”), a leading global supplier of zero-emission hydrogen fuel cell-powered commercial vehicles, jointly with Modern Industrial Investment Holding Group (“Modern Group”), a Saudi industrial conglomerate, today announced the signing of a memorandum of understanding (MoU) with NEOM Company for the development… Continue reading Hyzon Motors, NEOM and Modern Group Plan to Collaborate on Hydrogen-Powered Vehicle Value Chain