Just $198 billion worth of initial public offerings (IPOs) and follow-on sales have been priced so far this year, a 70% drop from a year ago. The market for share sales hasn’t been this bad in nearly two decades, with few willing to take a chance in a grim investment climate. Just $198 billion worth… Continue reading Recession risk douses once-hot IPO market
Tag: Mobility
TÜV: How do you feel about autonomous driving?
The TÜV conducted a study on the attitude of the population towards autonomous driving. The TÜV association has conducted a study on the question of autonomous driving. 39 percent of those surveyed could imagine driving around in an automated vehicle. A third could not imagine it and 29 percent had no opinion. Germany, according to… Continue reading TÜV: How do you feel about autonomous driving?
NIO Introduces Premium EV ES7 in China as its Fastest SUV
NIO Inc. NIO recently launched its much-awaited ES7 SUV, along with other product upgrades and existing model updates. The newest SUV, available for pre-order in China on the company’s app, will be equipped with NIO’s latest electric vehicle (EV) technology. Deliveries are expected to begin on Aug 28. In January 2021, the automaker introduced its… Continue reading NIO Introduces Premium EV ES7 in China as its Fastest SUV
The 2023 Ineos Grenadier puts the off-roading experience first – Toronto Star
For those looking for an off-road driving experience that goes back to the roots, the Ineos Grenadier is a fresh take on the genre – even if it doesn’t necessarily look it. Before we go any further regarding the Ineos’ take on the Land Rover Defender, it’s worth noting that Ineos automotive executive vice-president of… Continue reading The 2023 Ineos Grenadier puts the off-roading experience first – Toronto Star
@BMW: All BMW Group vehicle plants to be digitalised using 3D laser scanning by early 2023002067
Munich. By early 2023, the BMW Group will have a digital scan of every one of its vehicle plants worldwide. In this way, the company is systematically merging the real and virtual worlds and tapping into the enormous potential for highly efficient planning of future plant structures and production facilities. “This opens up entirely new… Continue reading @BMW: All BMW Group vehicle plants to be digitalised using 3D laser scanning by early 2023002067
Pininfarina Wind Tunnel celebrates 50 years of excellence in aerodynamic and aeroacoustic research
The Wind Tunnel has always been a cutting-edge strategic tool for OEMs in the automotive sector. The advent of electric mobility, introducing new challenges in the field of aerodynamic and aeroacoustic development, has made it even more decisive in the search for increasing autonomy and interior comfort. The Wind Tunnel has also proved to be… Continue reading Pininfarina Wind Tunnel celebrates 50 years of excellence in aerodynamic and aeroacoustic research
@Daimler: Paul Gao joins Mercedes-Benz as Chief Strategy Officer
Stuttgart – Mercedes-Benz Group AG appoints Paul Gao to the newly created position of Chief Strategy Officer, effective July 1, 2022. Gao, who has decades-long experience working in the auto sector, was most recently a Senior Partner at McKinsey & Company in Hong Kong, serving both Chinese and global industry clients. With his international background… Continue reading @Daimler: Paul Gao joins Mercedes-Benz as Chief Strategy Officer
German Handelsblatt: Paul Gao: Mercedes hires Chinese McKinsey manager as Chief Strategy Officer004514
Paul Gao Der McKinsey-Berater wird neuer Chief Strategy Officer bei Mercedes-Benz. (Foto: Mercedes-Benz) Mercedes-Vorstandschef Ola Källenius holt sich einen ausgewiesenen Experten für China und Südostasien an die Seite. Wie der Stuttgarter Autobauer am Dienstag mitteilte, wird der McKinsey-Manager Paul Gao künftig als Chief Strategy Officer bei Mercedes fungieren. Diese Position wurde neu geschaffen. Gao startet am… Continue reading German Handelsblatt: Paul Gao: Mercedes hires Chinese McKinsey manager as Chief Strategy Officer004514
Bharat Forge consolidates EV business
Bharat Forge has decided to consolidate its electric vehicle (EV) business initiatives under Kalyani Powertrain Limited (KPL), a wholly-owned subsidiary of the company. The company’s Investment Committee – Strategic Business’ of the company – approved the transfer of Bharat Forge’s stake in Refu Drive GmbH, a JV company, to KPL subject to necessary approvals from… Continue reading Bharat Forge consolidates EV business
Musk hints Tesla could bring back ‘Enhanced Autopilot’ worldwide
San Francisco: Elon Musk has hinted that Tesla may bring back “Enhanced Autopilot” for those interested in a more immersive semi-autonomous driving experience than Basic Autopilot, but are unwilling to pay $12,000 for the company’s more advanced Full Self-Driving (FSD) suite. In early 2019, Tesla removed Enhanced Autopilot as it transitioned all vehicles to receive… Continue reading Musk hints Tesla could bring back ‘Enhanced Autopilot’ worldwide