@VW Group: Porsche SE generates group result after tax of 2.6 billion euro002692

Stuttgart, 23 March 2021. Porsche Automobil Holding SE (Porsche SE), Stuttgart, generated a group result after tax of 2.6 billion euro in the fiscal year 2020. This 40.5 percent decrease compared to the prior year (4.4 billion euro) is mainly attributable to the effects of the Covid-19 pandemic. The group result of Porsche SE was significantly… Continue reading @VW Group: Porsche SE generates group result after tax of 2.6 billion euro002692

@VW Group: Start of production for Audi Q4 e-tron002692

Audi goes “back to its roots”: In Zwickau in Saxony, the birthplace of this long-standing German company, production of the Audi Q4 e-tron has finally started. The fully electric compact model is the first electric SUV to be produced by Audi in Germany. The Q4 e-tron features a Volkswagen-made modular electric drive matrix (MEB), a… Continue reading @VW Group: Start of production for Audi Q4 e-tron002692

Renault Trucks to offer an electric range for each market segment from 2023

GÖTEBORG, Sweden, March 23, 2021 /PRNewswire/ — Volvo Group’s subsidiary Renault Trucks is pursuing its investment in electric mobility. From 2023, an all-electric Renault Trucks offer will be available for each segment, namely distribution, construction and long distance. To support these developments and be able to offer a complete and competitive Renault Trucks range on… Continue reading Renault Trucks to offer an electric range for each market segment from 2023

More than 27,000 Uber and Lyft drivers received a combined $80 million from the US government to help them get through the pandemic, according to a new report

27,000 Uber and Lyft drivers got a combined $80 million from the US government in the pandemic. Gig-economy drivers were one of the largest beneficiaries of a small-business support scheme, the Washington Post reported. Drivers are classified as independent contractors and are allowed to apply for the grants. See more stories on Insider’s business page.… Continue reading More than 27,000 Uber and Lyft drivers received a combined $80 million from the US government to help them get through the pandemic, according to a new report

Goodyear Teams Up With Electric Mobility Pioneer UFODRIVE

COLMAR-BERG, LUXEMBOURG, March 23, 2021 – The Goodyear Tire & Rubber Company today announced a strategic relationship with UFODRIVE, an all-digital, all-electric car rental company, aimed at improving electric vehicle fleet performance. The companies will together pursue opportunities to integrate their complementary mobility solutions, including Goodyear’s intelligent tire monitoring system and proactive solutions suite and… Continue reading Goodyear Teams Up With Electric Mobility Pioneer UFODRIVE

Continental electronics-laden Jaguar i-Pace launched in India at Rs 1.05 crore

Jaguar Land Rover, which recently announced its intent to go all-electric by as early as 2025, today introduced the Jaguar i-Pace electric crossover in India. Launched at a price-tag of Rs 1.05 crore, ex-showroom, India, the i-Pace is only the second electric luxury SUV currently on sale in the country after the Mercedes-Benz EQC. The… Continue reading Continental electronics-laden Jaguar i-Pace launched in India at Rs 1.05 crore

@Daimler: Mercedes-EQ starts production of battery systems for the new EQS and expands EV expertise

Hedelfingen plant to produce high performance battery systems for the new Mercedes-EQ model EQS World Premiere of the EQS on April 15, 2021 Mercedes-Benz Drive Systems Campus Untertürkheim expands EV expertise Stuttgart.  Mercedes-Benz has started producing high-performance batteries for its all-electric luxury EQS at its Stuttgart-Hedelfingen plant, as part of the Untertürkheim location in Germany,… Continue reading @Daimler: Mercedes-EQ starts production of battery systems for the new EQS and expands EV expertise

Eaton acquires Green Motion SA to expand EV charging capabilities

New Delhi: Power management company Eaton announced that it has acquired the Switzerland-based Green Motion SA, a designer and manufacturer of electric vehicle charging hardware and related software. Uday Yadav, president and chief operating officer, electrical sector, Eaton, said, “Electric vehicle charging infrastructure is among the areas where we expect to see significant growth over… Continue reading Eaton acquires Green Motion SA to expand EV charging capabilities

@Geely: Geely Auto Forms New Premium Electric Car Company – Zeekr

New brand, Zeekr, to bring competition into premium electric segment Focus on innovation as standard with users at the centre of operations Unique business model with production given to parent company under asset light operation strategy  2021 March 23rd, Hangzhou and Hong Kong. Geely Auto Group (Geely Auto) today announced the formation of a new… Continue reading @Geely: Geely Auto Forms New Premium Electric Car Company – Zeekr

@Geely: Geely Auto 2020 Financial Results Released

Geely Auto continues to be the top selling Chinese auto brand for fourth consecutive year with sales over 1.32 million units. Lynk & Co sold over 175,000 vehicles, a YoY increase of about 37% Geely Auto exported more than 73,000 units, a YoY increase of about 25% Geely Automobile Holding Ltd. (HK.0175) 2020 revenue reaches… Continue reading @Geely: Geely Auto 2020 Financial Results Released