Spartanburg, S.C. – February 22, 2021… Officials of BMW Manufacturing, along with South Carolina Secretary of Commerce Bobby Hitt, broke ground today for a new $20 million, 67,000 square-foot training center on the BMW campus. The investment is a continuation of BMW’s 2017 commitment to invest $200 million over five years into workforce training. When… Continue reading @BMW: BMW Manufacturing Announces Construction of New Training Center.000921
Tag: Mobility
@Geely: Manignom Auto Group and Geely Auto Sign Dealership Agreement for Laos Market
2021 February 23, Hangzhou, China/ Vientiane, Laos. Geely Auto International Sales Company and Manignom Auto Group signed a dealership agreement to introduce the Geely Auto brand to the Laos market. The agreement will allow Manignom Auto Group to strengthen their presence in the passenger vehicle market in cooperation with the world’s top selling Chinese auto… Continue reading @Geely: Manignom Auto Group and Geely Auto Sign Dealership Agreement for Laos Market
Hyundai Motor Group Selects Sebang Global Battery to Be Part of Its Electric Vehicle Battery Pack Suppliers
The Hyundai Motor Group has decided to expand its list of electric vehicle (EV) battery pack suppliers that currently only includes Hyundai Mobis.Its decision comes from the fact that Hyundai Mobis will not be able to handle every supply of EV battery packs due to an expansion of the EV market and it wants to… Continue reading Hyundai Motor Group Selects Sebang Global Battery to Be Part of Its Electric Vehicle Battery Pack Suppliers
Schaeffler to build state-of-the-art laboratory complex at Herzogenaurach campus
2021-02-22 | Herzogenaurach Automotive and industrial supplier investing in state-of-the-art, sustainable R&D infrastructure as part of its Roadmap 2025 New 15,000 sqm central laboratory complex will consolidate and integrate 15 laboratories representing Schaeffler’s core competencies and key technologies Complex to be built and operated as a green building in accordance with latest sustainability standards Investment… Continue reading Schaeffler to build state-of-the-art laboratory complex at Herzogenaurach campus
Bharat Forge, Paramount Group to make protected vehicles in India
This collaboration brings together the manufacturing and technology excellence of two leading companies, which have matching synergies and complementary capabilities. Abu Dhabi: Engineering and technology conglomerate Bharat Forge Ltd and global aerospace and technology company Paramount Group on Monday announced a cooperation that will see them join technologies, capabilities and expertise to manufacture armoured vehicles… Continue reading Bharat Forge, Paramount Group to make protected vehicles in India
@Groupe PSA: PR New perspectives: Capital Markets Day 2021001247
Chapô • Strategy focused on Cockpit of the Future and Sustainable Mobility confirms its potential for strong sustainable profitable growtho All 2022 targets confirmedo More than +500 bps average annual sales outperformance 2020-2025 to reach close to €25 billion sales in 2025o Cumulated net cash flow > €4 billion over five years (2021-2025)• Unique position… Continue reading @Groupe PSA: PR New perspectives: Capital Markets Day 2021001247
@Groupe PSA: PR Seat for the Planet: innovation for sustainability001244
At our research and development centers, a project that has been in the works for several months called “Seat for the Planet” is bearing fruit. Faurecia Seating (FAS) engineers are innovating to advance sustainability through a holistic approach which includes the frame, foam, covers and accessories. FAS’s sustainability innovation strategy goes beyond OEMs’ specifications and… Continue reading @Groupe PSA: PR Seat for the Planet: innovation for sustainability001244
ATLIS Motor Vehicles and Clemson University Announce Strategic Partnership to Advance Development of Electric Vehicle Batteries
MESA, Ariz., Feb. 22, 2021 /PRNewswire/ — ATLIS Motor Vehicles, Inc. and Clemson University have partnered to advance development of electric-vehicle batteries that charge faster, last longer and can be scaled to fit a variety of vehicle classes. ATLIS, a startup company based in Arizona, is developing battery cells and packs to power the Atlis XP… Continue reading ATLIS Motor Vehicles and Clemson University Announce Strategic Partnership to Advance Development of Electric Vehicle Batteries
Didi’s bike-sharing unit Qingju rakes in $600m in Series B round
Qingju, the bike-sharing unit of Chinese ride-hailing giant Didi Chuxing, has raised $600 million in its Series B round of financing and is set to raise another $400 million in loans, DealStreetAsia has learnt. The development was first reported by 36Kr, the Chinese-language media platform of Nasdaq-listed 36Kr Holdings, that cited sources privy to the… Continue reading Didi’s bike-sharing unit Qingju rakes in $600m in Series B round
Karma Automotive Launches GS-6 Series, Driving Consumer Passion For Electric Vehicles In “New Luxury” Segment
“Our brand promise at Karma has always been to provide high-end luxury vehicles and technologies that are driven by innovation and inspire our drivers’ ambitions with new and unique offerings,” said Dr. Lance Zhou, PhD, Karma’s CEO. “As we look to the future, we believe we will change the world of mobility by making luxury… Continue reading Karma Automotive Launches GS-6 Series, Driving Consumer Passion For Electric Vehicles In “New Luxury” Segment