ABB E-mobility and Shell have announced plans to deploy over 200 of ABB’s Terra 360 DC fast chargers across Germany in the next 12 months. Shell says its Recharge network of Terra 360 chargers will be powered by 100 percent renewable electricity. The Terra 360 is available in different configurations that can charge multiple vehicles… Continue reading Shell to deploy 200 ABB 360 kW chargers in Germany
Tag: Mobility
Mercedes-AMG One: board must’ve been “drunk” to approve hypercar
The Mercedes-Benz board must have been “drunk” when they agreed to the delayed and troublesome Mercedes-AMG One, CEO Ola Källenius joked to investors yesterday. The company will reveal news about the Formula 1-engined hypercar “in a couple of weeks”, Källenius said, indicating that Mercedes is finally ready to reveal a car that has given it almost as… Continue reading Mercedes-AMG One: board must’ve been “drunk” to approve hypercar
Linamar Announces Creation of Linamar MedTech, a new group focused on Medical Devices and Precision Medical Components
GUELPH, ON, May 19, 2022 /CNW/ – Linamar Corporation (TSX: LNR) today announced the formation of Linamar MedTech, a new medical manufacturing group which will focus on leveraging its expert capabilities in precision manufacturing to pursue opportunities in the Medical Device and Precision Medical Component markets. Linamar Corporation logo (CNW Group/Linamar Corporation) Linamar MedTech will further… Continue reading Linamar Announces Creation of Linamar MedTech, a new group focused on Medical Devices and Precision Medical Components
Hit the Buy Button on These 3 Oversold Stocks, Say Analysts
Rising interest rates, supply chain constraints and Russia’s invasion of Ukraine are all issues currently plaguing the macro climate. The problem with all three, says Tony Dwyer, Canaccord Chief Market Strategist, is that for each problem there’s “no easy exit strategy.” The tough conditions are likely to persist, then. However, on the plus side, while… Continue reading Hit the Buy Button on These 3 Oversold Stocks, Say Analysts
German Handelsblatt: Automaker: New luxury strategy: Mercedes cancels three compact cars and increases target margin to 14 percent004352
Mercedes boss Ola Källenius with the S-Class Anyone who wants to buy a Mercedes in the future will have to pay significantly more for it. (Photo: Bloomberg) Throughout its 135-year history, Mercedes-Benz has always aimed high. But the brand often failed because of its ambitions: whether as an integrated technology group, as a global corporation… Continue reading German Handelsblatt: Automaker: New luxury strategy: Mercedes cancels three compact cars and increases target margin to 14 percent004352
@Nio: NIO Inc. Successfully Listed on the Main Board of the Singapore Exchange000396
May 20, 2022 NIO Inc. Successfully Listed on the Main Board of the Singapore Exchange SHANGHAI, China, May 20, 2022 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it has successfully listed,… Continue reading @Nio: NIO Inc. Successfully Listed on the Main Board of the Singapore Exchange000396
NIO Inc. Successfully Listed on the Main Board of the Singapore Exchange
SHANGHAI, China, May 20, 2022 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it has successfully listed, by way of introduction, its Class A ordinary shares (the “Shares”) on the Main Board… Continue reading NIO Inc. Successfully Listed on the Main Board of the Singapore Exchange
Senmiao Technology Announces Business Cooperation with Ctrip Affiliate
CHENGDU, China, May 20, 2022 /PRNewswire/ — Senmiao Technology Limited (“Senmiao” or the “Company”) (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China, as well as an operator of its own online ride-hailing platform, today announced that its wholly-owned subsidiary Hunan Xixingtianxia Technology Co., Ltd. (“XXTX”) has entered into… Continue reading Senmiao Technology Announces Business Cooperation with Ctrip Affiliate
Meritor to Acquire Siemens Commercial Vehicles Electric Propulsion Business
Complementary Product Portfolio to Expand Technical Capability and Offerings TROY, Mich., May 20, 2022 /PRNewswire/ — Meritor, Inc. (NYSE: MTOR) today announced that it has entered into an agreement with Siemens to acquire its Commercial Vehicles business for approximately €190 million in cash, adjusted for changes in working capital at closing. The transaction is expected… Continue reading Meritor to Acquire Siemens Commercial Vehicles Electric Propulsion Business
German Manager Magazin: Customcells: Dirk Abendroth gets Porsche stake on board001797
The Porsche holding Customcells brings a specialist for electromobility to the top. Dirk Abendroth will become the new CEO, the Tübingen company announced on Friday. Customcells is a spin-off of the Fraunhofer Institute and with around 150 employees develops high-performance battery cells for the automotive, marine, aviation, oil and gas industries. The VW subsidiary Porsche… Continue reading German Manager Magazin: Customcells: Dirk Abendroth gets Porsche stake on board001797