@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

@Ford: Ford Issues Statement on Suspension of Russian Joint Venture and Assistance for Ukrainian Refugees

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 Issues Statement on Suspension of Russian Joint Venture and Assistance for Ukrainian Refugees

@Daimler: Mercedes-Benz Mobility changes its organisational structure and realigns its Board of Management

Mercedes-Benz Mobility, which is now focusing on the car and van business, is changing its organisational structure and its Board of Management Peter Zieringer, the member of the Board of Management of Mercedes-Benz Mobility AG who was previously responsible for the Europe region, will occupy the newly created Board of Management position of Chief Customer… Continue reading @Daimler: Mercedes-Benz Mobility changes its organisational structure and realigns its Board of Management

Uber: Uber CEO to Participate in Keynote Hosted by Morgan Stanley

SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced that Dara Khosrowshahi, CEO, will participate in a keynote at the 2022 Morgan Stanley Technology, Media and Telecom Conference on Monday, March 7, 2022. Mr. Khosrowshahi is scheduled to appear at 3:00pm PT (6:00pm ET). A live audio webcast of the event will be available on… Continue reading Uber: Uber CEO to Participate in Keynote Hosted by Morgan Stanley