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
Tag: Mobility
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
KIA SELLS 10 MILLIONTH VEHICLE IN THE UNITED STATES
As part of Kia’s “Accelerate The Good” charitable initiatives, Kia will, in association with Ms. Charoenphong, commemorate the 10 millionth Kia sold milestone through multiple acts of giving including $10,000 donations to non-profit organizations including St. Jude Children’s Research Hospital®, Alzheimer’s Association, and Freedom Service Dogs of America. In addition, Kia will gift her family’s… Continue reading KIA SELLS 10 MILLIONTH VEHICLE IN THE UNITED STATES
Transactions carried out under the share buy-back program
As announced May 13, 2022 Kongsberg Automotive ASA put in place a non-discretionary agreement with Danske Bank for the repurchase of Kongsberg Automotive shares for up to 10% of it’s outstanding shares in the market. The share repurchases started May 19, 2022. Date Aggregated Daily Volume (# of Shares) Weighted Average Price (NOK) Total Transaction… Continue reading Transactions carried out under the share buy-back program
Sales stop for Ford in Germany: patent dispute
On Friday it was announced that Ford vehicles may not be sold in Germany for the time being. It’s about patent rights. This was announced on Friday District Court of Munich a temporary ban on sales of Ford models infringing the wireless transmission patent. The verdict is not yet final, but it is setting ford… Continue reading Sales stop for Ford in Germany: patent dispute
Majority shareholders vote for delisting of Chinese ride-hailer Didi from NYSE
Chinese ride-hailing giant Didi Global will delist from the New York Stock Exchange, after a majority of the company’s shareholders voted in favor of the plan, putting to rest a year-long clash with Beijing over its U.S. stock market listing. In an extraordinary general meeting (EGM) held on Monday, 96.26% of shareholders who were present… Continue reading Majority shareholders vote for delisting of Chinese ride-hailer Didi from NYSE
Didi’s delisting now done deal
Chinese ride-hailing giant Didi’s shareholders have voted to delist the company from the NYSE. The decision is a long-expected result of the company finding itself in hot water with the Chinese government after a rushed and later troubled public-market debut in the United States. Didi went public in the middle of 2021 in an offering… Continue reading Didi’s delisting now done deal