@Ford: Jim Farley to Discuss Ford+ Plan for Growth, Value Creation, Shift to Digital EVs at Bernstein Conference on June 1

About Ford Motor Company Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with… Continue reading @Ford: Jim Farley to Discuss Ford+ Plan for Growth, Value Creation, Shift to Digital EVs at Bernstein Conference on June 1

@Hyundai: Kia Sells 10 Millionth Vehicle in the United States

Kia is Among the Fastest OEMs to Reach the 10 Million Mark in America Continuing its rapid expansion, this month Kia America celebrates the sale of the 10 millionth Kia vehicle in the U.S. Since start of sales in 1993, Kia’s growth is one of the auto industry’s greatest success stories and the result of… Continue reading @Hyundai: Kia Sells 10 Millionth Vehicle in the United States

Hyundai plans to spend $10B on EVs, AVs and robotics in the US by 2025

Hyundai said it plans to invest more than $10 billion toward accelerating electrification and autonomous vehicle technology in the U.S. by 2025. Part of that pot includes the $5.5 billion Hyundai has earmarked for its new EV plant and battery manufacturing facility in Georgia announced Friday. Non-affiliated suppliers are contributing another $1 billion into that… Continue reading Hyundai plans to spend $10B on EVs, AVs and robotics in the US by 2025

Europa Wire: Rheinmetall and its joint venture in China to deliver millions of transmission housings for a world-leading maker of electric vehicles000316

Rheinmetall and its joint venture in China to deliver millions of transmission housings for a world-leading maker of electric vehicles (PRESS RELEASE) DÜSSELDORF, 23-May-2022 — /EuropaWire/ — Rheinmetall AG (ETR: RHM), a German integrated technology group active in the automotive and defence industries, has announced a major order for the supply of millions of transmission… Continue reading Europa Wire: Rheinmetall and its joint venture in China to deliver millions of transmission housings for a world-leading maker of electric vehicles000316

Energy Grids Plug into AI for a Brighter, Cleaner Future

Electric utilities are taking a course in machine learning to create smarter grids for tough challenges ahead. The winter 2021 megastorm in Texas left millions without power. Grid failures the past two summers sparked devastating wildfires amid California’s record drought. “Extreme weather events of 2021 highlighted the risks climate change is introducing, and the importance… Continue reading Energy Grids Plug into AI for a Brighter, Cleaner Future

New Mercedes MMA all-electric platform to make its debut in 2024

Mercedes’s new MMA electric vehicle platform will make its debut in 2024 on a new model, which will also signify a change to the entry point in the firm’s line-up, according to CEO Ola Kallenius. On a recent investor call the German brand confirmed that the MMA platform, which will focus on “entry luxury” models,… Continue reading New Mercedes MMA all-electric platform to make its debut in 2024

Average U.S. vehicle is now a record 12.2 years old

The average age of light vehicles in operation has hit a record, increasing by two months this year to 12.2 years, as a shortage of vehicles is keeping Americans in their cars for longer, according to a study released on Monday. It’s the fifth consecutive year of increase even as the U.S. vehicle fleet recovered, growing by… Continue reading Average U.S. vehicle is now a record 12.2 years old

@VW Group: World Economic Forum in Davos: sustainable mobility in a picturesque mountain setting005092

Hello spring, goodbye winter: the annual meeting of the World Economic Forum in Davos is happening in May for the first time, due to the coronavirus pandemic. Audi is supplying the summit with a 100 percent electric shuttle fleet for the first time, providing some of the world’s top leaders with a unique experience. And… Continue reading @VW Group: World Economic Forum in Davos: sustainable mobility in a picturesque mountain setting005092

ABB E-mobility increases investment in software provider ChargeLab

ABB EL Ventures, the venture arm of electronics giant ABB, has made an investment in charging software provider ChargeLab, as part of the latter’s $15-million Series A financing round. ABB E-mobility first partnered with ChargeLab in 2020. ChargeLab will develop next-generation software solutions for ABB charging stations. The company’s network services already run on top… Continue reading ABB E-mobility increases investment in software provider ChargeLab

Vietnam Two Wheeler Market Report 2022: Rapidly Expanding Automotive Sector and Increasing Investments by Foreign Market Players Driving Growth – Forecast to 2027

DUBLIN, May 23, 2022 /PRNewswire/ — The “Vietnam Two Wheeler Market, By Propulsion Type (ICE, Electric), By Vehicle Type (Scooter/Moped, Motorcycle), By Region, Competition Forecast & Opportunities, 2017-2028” report has been added to ResearchAndMarkets.com’s offering. Vietnam two wheeler market is anticipated to grow at a formidable rate with market growth attributed to the rapidly expanding… Continue reading Vietnam Two Wheeler Market Report 2022: Rapidly Expanding Automotive Sector and Increasing Investments by Foreign Market Players Driving Growth – Forecast to 2027