16:30 ETDana and Lion Electric Co. Announce Long-term Agreement for Electrified SystemsDana Incorporated (NYSE: DAN) announced today that it has confi…

MAUMEE, Ohio, May 10, 2022 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today that it has confirmed its strategic supply relationship with current OEM partner Lion Electric Co. to support its line-up of electric buses as well as medium- and heavy-duty trucks. The strategic relationship covers the supply of the electric drive systems, including electric motors,… Continue reading 16:30 ETDana and Lion Electric Co. Announce Long-term Agreement for Electrified SystemsDana Incorporated (NYSE: DAN) announced today that it has confi…

Dana and Lion Electric Co. Announce Long-term Agreement for Electrified Systems

MAUMEE, Ohio, May 10, 2022 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today that it has confirmed its strategic supply relationship with current OEM partner Lion Electric Co. to support its line-up of electric buses as well as medium- and heavy-duty trucks. The strategic relationship covers the supply of the electric drive systems, including electric motors,… Continue reading Dana and Lion Electric Co. Announce Long-term Agreement for Electrified Systems

CANOO INC. ANNOUNCES FIRST QUARTER 2022 RESULTS

$300 million in total funding via a committed PIPE from an existing shareholder and an equity purchase agreement with financing partner Yorkville Advisors In addition, the Company has filed a $300 million universal shelf A total of $600 million in accessible capital to optimize the Company’s financial needs to SOP JUSTIN, Texas, May 10, 2022… Continue reading CANOO INC. ANNOUNCES FIRST QUARTER 2022 RESULTS

Volkswagen Group and bp partner to roll out EV fast charging in Europe

The fossil fuel industry’s takeover of public charging infrastructure continues. This week, ABB announced plans to supply charging stations to Shell, and Volkswagen and bp unveiled a charger in Dusseldorf, Germany that will be the first unit in a planned network of fast chargers across Europe. Volkswagen’s Flexpole 150 kW charging unit features two charge… Continue reading Volkswagen Group and bp partner to roll out EV fast charging in Europe

@FCA: A Leadership Commitment to Diversity and Inclusion

May 10, 2022 , Auburn Hills, Mich. – DiversityInc has named Stellantis as a 2022 Noteworthy Company for Diversity in the U.S. and to the specialty list of Top Companies for Supplier Diversity. This was the 13th time the company has earned top recognition (Top 50 or Noteworthy) since the ratings were established in 2001. Stellantis also… Continue reading @FCA: A Leadership Commitment to Diversity and Inclusion

@Renault: RENAULT GROUP: MOBILIZE SETS OUT ITS AMBITIONS IN SERVICES AND TECHNOLOGY, TARGETING 20% OF RENAULT GROUP’S TURNOVER IN 2030000379

PRESS RELEASEMAY 10, 2022 MOBILIZE SETS OUT ITS AMBITIONS IN SERVICES AND TECHNOLOGY, TARGETING 20% OF RENAULT GROUP’S TURNOVER IN 2030 Mobilize is driving Renault Group’s transformation towards the new mobility value chain, confirming its target of accounting for 20% of the Group’s turnover in 2030. By building a model based on Vehicles-as-a-Service, Mobilize is rewriting… Continue reading @Renault: RENAULT GROUP: MOBILIZE SETS OUT ITS AMBITIONS IN SERVICES AND TECHNOLOGY, TARGETING 20% OF RENAULT GROUP’S TURNOVER IN 2030000379

@Renault: RENAULT GROUP: Geely Automobile Holdings to acquire 34.02% of the shares of Renault Korea Motors000377

Geely Automobile Holdings to acquire 34.02% of the shares of Renault Korea Motors Geely Automobile Holdings (Geely Auto, stock code on SEHK: 0175) and Renault Group have reached an agreement into which Geely Auto will subscribe for 34.02% of the shares in Renault Korea Motors (RKM) through a capital increase mechanism. The deal will be… Continue reading @Renault: RENAULT GROUP: Geely Automobile Holdings to acquire 34.02% of the shares of Renault Korea Motors000377

Hyzon Motors plans to accelerate decarbonization through Repower program

Hyzon’s Repower program to convert used diesel trucks and existing fleets to zero-emission, fuel cell electric vehicles. First commercial launch of Hyzon’s proprietary 200 kW fuel cell through Repower program in North America expected in late 2022. ROCHESTER, N.Y., May 10, 2022 /PRNewswire/ — Hyzon Motors (NASDAQ: HYZN), a global supplier of zero-emissions hydrogen and… Continue reading Hyzon Motors plans to accelerate decarbonization through Repower program

Renault: “No one attacks the services market like we do”

Renault wants to achieve 20% of its turnover from services in 2030, compared to 6% today: how do you plan to achieve these ambitious objectives? Owning your own vehicle is no longer self-evident. We therefore want to sell not cars, but “Vehicle as a service”, that is to say the use of a vehicle, with… Continue reading Renault: “No one attacks the services market like we do”

Mercedes-AMG previews concept for first bespoke sports EV

An electric Mercedes-AMG concept car is set to be revealed next week, giving clues to a production model set to launch in 2025. The revelation, made by Mercedes-Benz CEO Ola Källenius at the Financial Times’ Future of the Car Summit, came as he outlined Mercedes’ plans to develop only electric car platforms from 2025 and to offer only… Continue reading Mercedes-AMG previews concept for first bespoke sports EV