Ford is selling its electric scooter operation Spin to one of Europe’s top shared mobility companies. Tier Mobility will take over all of Spin’s operations, marking the first time the Berlin-based scooter company will have a foothold in North America. The companies declined to disclose the sale price, though the CEO of Tier said it… Continue reading Ford sells electric scooter unit Spin to Berlin’s Tier
Tag: Mobility
HK self-driving truck startup hauls in $188m in Sequoia co-led round
Inceptio offers autonomous driving tech for trucks and operates a nationwide transportation-as-a-service freight network. Go to Source
@Ford: Ford Takes In Over 72,000 New Retail Vehicle Orders In February; Record Start For Ford Brand SUV Retail Sales; Ford Electrified Sales Charge Ahead – Conquesting From Competitors At 54 Percent; Lincoln SUVs Post Strong Sales Gains
About Ford Motor Company Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with… Continue reading @Ford: Ford Takes In Over 72,000 New Retail Vehicle Orders In February; Record Start For Ford Brand SUV Retail Sales; Ford Electrified Sales Charge Ahead – Conquesting From Competitors At 54 Percent; Lincoln SUVs Post Strong Sales Gains
@Ford: Ford Accelerating Transformation: Forming Distinct Auto Units to Scale EVs, Strengthen Operations, Unlock Value
Creates distinct electric vehicle and internal combustion businesses poised to compete and win against both new EV competitors and established automakers Organizes Ford to deliver for customers with the focus and speed of a startup at the leading edge of technology, supported by deep expertise in engineering and high-volume production ·Ford Blue will build out… Continue reading @Ford: Ford Accelerating Transformation: Forming Distinct Auto Units to Scale EVs, Strengthen Operations, Unlock Value
@Hyundai: Hyundai Motor Accelerates Electrification Strategy, Targeting 7% of Global EV Market by 2030
SEOUL, March 2, 2022 — Hyundai Motor Company today unveiled a strategic roadmap to accelerate its electrification ambition as it pursues sustainable progress for the company. President and CEO Jaehoon Chang and other executives presented the plans to shareholders and investors, and other various stakeholders at the ‘2022 CEO Investor Day’ virtual forum. The company also unveiled targets… Continue reading @Hyundai: Hyundai Motor Accelerates Electrification Strategy, Targeting 7% of Global EV Market by 2030
Ford is splitting its business between electric, gas vehicles
Confirming rumors that have swirled for months, Ford announced that it was splitting into “two distinct, but strategically interdependent, auto businesses” called Ford Blue and Ford Model E. While Ford Blue will manage all of the internal combustion engine vehicles, Ford Model E represents its push into electric vehicles, with products like the Mustang Mach-E… Continue reading Ford is splitting its business between electric, gas vehicles
@Hyundai: Kia announces February 2022 global sales results
February global sales at 221,152 units, up 4.7% y/y Sales in Korea recorded 39,560 units, up 5.3% y/y Sales outside of Korea recorded 181,592 units, up 4.5% y/y Kia to continue creating sales momentum and enhancing profitability through new models, such as the all-new Niro and Kia EV6 Kia Corporation recorded total global sales of… Continue reading @Hyundai: Kia announces February 2022 global sales results
Electric Vehicle Manufacturer Lucid Group Gearing Up for First International Plant in Saudi Arabia After Signing Agreements with Multiple Agencies
“Lucid aspires to be a catalyst for change wherever we go, so it makes perfect sense that we are bringing electric vehicles to one of the world’s biggest oil producing nations. Establishing a global manufacturing footprint is a practical, natural step and enables us to grow our brand, scale our business, and address worldwide and… Continue reading Electric Vehicle Manufacturer Lucid Group Gearing Up for First International Plant in Saudi Arabia After Signing Agreements with Multiple Agencies
Hyundai Motor Accelerates Electrification Strategy, Targeting 7% of Global EV Market by 2030
Hyundai Motor CEO Jaehoon Chang unveiled the company’s electrification roadmap and strategies at the 2022 CEO Investor Day forum today Hyundai targets to sell 1.87 million BEVs annually by 2030 by strengthening line-up ⋯ To introduce 17 new BEV models by 2030; 11 for Hyundai models and six for Genesis luxury brand To strengthen competitiveness… Continue reading Hyundai Motor Accelerates Electrification Strategy, Targeting 7% of Global EV Market by 2030
@Ford: Ford Plans Wednesday Announcement About Acceleration of Ambitious Ford+ Plan for Growth and Value Creation
About Ford Motor Company Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with… Continue reading @Ford: Ford Plans Wednesday Announcement About Acceleration of Ambitious Ford+ Plan for Growth and Value Creation