Greaves Electric allots 35.80% stake to Abdul Latif Jameel for his $150-mn capital infusion

Greaves Electric Mobility Mumbai: Greaves Electric Mobility has allotted 35.80% stake to global investor Abdul Latif Jameel for his USD 150-million capital infusion in the company, by way of preferential allotment through private placement basis. Greaves Electric Mobility Pvt Ltd, which manufactures two and three-wheelers, is the e-mobility subsidiary of diversified engineering company Greaves Cotton.… Continue reading Greaves Electric allots 35.80% stake to Abdul Latif Jameel for his $150-mn capital infusion

Samsung Display to supply 4 million OLEDs for vehicles to BMW

To be equipped onto the mass produced 2024 ‘high-end sedan’Looking to supply Audi for its new modelsHigh profitability… Stable sales expectedLaying the foundations to make an impact in the indu Samsung Display will supply organic light emitting diode (OLED) displays for vehicles to BMW, a European automaker. This is seen as a major move, as… Continue reading Samsung Display to supply 4 million OLEDs for vehicles to BMW

@Groupe PSA: OP the time is right000387

The lettering “HYDROGEN” gives it away: No ordinary Opel Vivaro-e are parked in front of the M55 on the Rüsselsheim factory premises – they are small power plants on wheels. The electricity that powers the vans is not stored in large batteries. Instead, it is generated while driving. There are three hydrogen tanks (in the… Continue reading @Groupe PSA: OP the time is right000387

OPINION: Is the RE+EV combination a recipe for Karnataka’s clean energy transition?

Renewable energy (RE) and electric vehicles (EVs) are currently the best bet for moving towards a sustainable future. A study by the International Council on Clean Transportation (ICCT) published last month says that with appropriate EV policies, India can scale down 45 per cent-50 per cent of its cumulative CO2 emissions from the road transport… Continue reading OPINION: Is the RE+EV combination a recipe for Karnataka’s clean energy transition?

Family Style: Li Auto L9 Brings Top-Line Luxury and Intelligence to Full-Size SUV With NVIDIA DRIVE Orin

Finally, there’s a family car any kid would want to be seen in. Beijing-based startup Li Auto this week rolled out its second electric vehicle, the L9. It’s a full-size SUV decked out with the latest intelligent driving technology. With AI features and an extended battery range of more than 800 miles, the L9 promises… Continue reading Family Style: Li Auto L9 Brings Top-Line Luxury and Intelligence to Full-Size SUV With NVIDIA DRIVE Orin

GM’s Cruise starts to charge for fares in San Francisco

Cruise LLC is officially open for business, offering driverless rides to paying customers on a small scale, CEO Kyle Vogt said Thursday on CNBC’s Squawk Box.  Cruise, which General Motors Co. has a majority stake in, earlier this month received approval from the California Public Utilities Commission to charge fares for driverless rides in San Francisco. The approval… Continue reading GM’s Cruise starts to charge for fares in San Francisco

@VW Group: Modular toolkit strategy as recipe for success: the MQB celebrates|| tenth anniversary005285

With more than 32 million vehicles produced, the modular transverse toolkit (MQB) is Volkswagen’s most successful technology platform MQB stands for innovative technologies, flexible drive concepts and synergies across product lines The modular matrix success story continues: from the MQB through the MEB to the SSP A global bestseller from Volkswagen is celebrating its tenth… Continue reading @VW Group: Modular toolkit strategy as recipe for success: the MQB celebrates|| tenth anniversary005285

German Manager Magazin: BMW: Automaker opens third plant in China001869

Despite recent controversy over over-reliance on China has the German car manufacturer bmw opened a third assembly plant in China. Production at the new plant has officially started, BMW announced on Thursday. With an investment sum of 15 billion Chinese yuan, the equivalent of more than two billion euros, it is the Munich carmaker’s largest… Continue reading German Manager Magazin: BMW: Automaker opens third plant in China001869

Visteon’s 2021 Corporate Sustainability Report Highlights Priorities, Products and People

Commitment to align greenhouse gas reduction targets with Science Based Targets initiative (SBTi) Growing electrified product line, including first-to-market smart wireless battery management system, supports industry shift to electric vehicles No lost-time injuries at any of Visteon’s more than two dozen manufacturing and technical centers Beliefs, Values and Leadership Principles provide a guide for maintaining… Continue reading Visteon’s 2021 Corporate Sustainability Report Highlights Priorities, Products and People