UPDATE 2-Stellantis confident it can catch up with Tesla, says CEO Tavares

By Gilles Guillaume, Giulio Piovaccari 3 Min Read * Stellantis CEO confident on electric vehicle expansion * Says governments need to help develop charging networks * Van production to be shifted from Russia to western Europe * New investments in Russia “not on the table” says CEO (Retops, merges stories) PARIS, March 11 (Reuters) –… Continue reading UPDATE 2-Stellantis confident it can catch up with Tesla, says CEO Tavares

@Daimler: Mercedes-Benz establishes sustainable battery recycling: Own recycling plant to start in 2023

Mercedes-Benz rolls out its global strategy for recycling automotive battery systems Hydrometallurgy: Innovative technology increases recycling rate to more than 96 percent Own CO2-neutral recycling plant in Kuppenheim, southern Germany: Together with technology partner Primobius and renowned research institutes, the pilot project is scheduled to start in 2023 Cooperation with high-tech partners in China and… Continue reading @Daimler: Mercedes-Benz establishes sustainable battery recycling: Own recycling plant to start in 2023

@niche: NAVYA signs a memorandum of understanding with the Ministry of Transport and Logistic Services of the Kingdom of Saudi Arabia001704

Villeurbanne, France, March 10th, 2022 – 7:30 pm CET – NAVYA (FR0013018041- Navya), a leader in the field of autonomous […] Villeurbanne, France, March 10th, 2022 – 7:30 pm CET – NAVYA (FR0013018041- Navya), a leader in the field of autonomous mobility systems, has signed today at the French Ministry of Transport in Paris an… Continue reading @niche: NAVYA signs a memorandum of understanding with the Ministry of Transport and Logistic Services of the Kingdom of Saudi Arabia001704

German Handelsblatt: Board remuneration: Mercedes boss Ola Källenius now earns 6.1 million euros003935

Ola Källenius Im Durchschnitt haben die Mercedes-Vorstände im vergangenen Jahr 2,1 Millionen Euro verdient. (Foto: dpa) Für Mercedes-Benz lief es zuletzt prächtig. Trotz des branchenweiten Chipmangels konnte der Stuttgarter Autobauer seinen Betriebsgewinn im vergangenen Jahr mehr als vervierfachen, auf 29,1 Milliarden Euro. Die Umsatzrendite stieg auf 12,7 Prozent. So profitabel war die Marke mit dem Stern… Continue reading German Handelsblatt: Board remuneration: Mercedes boss Ola Källenius now earns 6.1 million euros003935

Ride-hailing firm Didi said to halt Hong Kong listing plans …

Ride-hailing firm Didi Global Inc has suspended preparations for its Hong Kong listing after failing to appease Chinese regulators’ demand to overhaul its systems for handling sensitive user data, Bloomberg News reported on Thursday. The Cyberspace Administration of China told Didi executives that their proposals to prevent security and data leaks had fallen short, Bloomberg said, citing people familiar with the matter. Didi did not immediately… Continue reading Ride-hailing firm Didi said to halt Hong Kong listing plans …

Pony.ai Holds First Close of Series D Financing Round, Valued at $8.5 Billion

Pony.ai, a Fremont, CA-based global autonomous driving technology company, completed the first close of its Series D financing. The backers were not disclosed. The company intends to use the proceeds from the funding to further augment its hiring, investment in research and development, global testing of robotaxi and robotrucking, enter into important strategic partnerships, and… Continue reading Pony.ai Holds First Close of Series D Financing Round, Valued at $8.5 Billion

@XPeng: XPENG kicks off P5 smart EV sedan reservation in four European markets and opens XPENG Experience Store in the Netherlands000070

GUANGZHOU, China & AMSTERDAM, Netherlands–(BUSINESS WIRE)–XPENG (the “Company”, NYSE: XPEV and HKEX: 9868), a leading smart mobility and technology company, today kicks off customer reservations of its third and latest production model on the market, the XPENG P5 smart EV sedan, simultaneously in Denmark, the Netherlands, Norway and Sweden. The move marks a major milestone… Continue reading @XPeng: XPENG kicks off P5 smart EV sedan reservation in four European markets and opens XPENG Experience Store in the Netherlands000070

Pony.ai completes first close of Series D round

Visitors check out a PonyTron smart truck during a high-tech expo in Shanghai. [Photo by WU JUN/FOR CHINA DAILY] Pony.ai, an autonomous driving technology startup, said on Monday that it has completed the first close of its Series D financing. The company did not offer the sum it has raised in this round, saying that… Continue reading Pony.ai completes first close of Series D round

@BMW: Expanding the portfolio: BMW Group acquires the ALPINA brand001805

Munich, Germany – March 10, 2022… The BMW Group welcomes a new addition to its portfolio, as the ALPINA brand becomes part of the company. The BMW Group will secure the rights to the ALPINA brand – bringing even greater diversity to its own luxury-car range. BMW AG and ALPINA Burkard Bovensiepen GmbH + Co.… Continue reading @BMW: Expanding the portfolio: BMW Group acquires the ALPINA brand001805

@FCA: Geotab and Free2Move Partner to Deliver an Integrated Telematics Solution for Stellantis

Geotab and Free2Move Partner to Deliver an Integrated Telematics Solution for Stellantis March 10, 2022 , Indianapolis – Geotab, a global leader in IoT and connected transportation, today announced its partnership with Free2Move, the global fleet, mobility and connected data company of Stellantis. Through this partnership, Geotab plans to deliver a Geotab Integrated Solution for Stellantis… Continue reading @FCA: Geotab and Free2Move Partner to Deliver an Integrated Telematics Solution for Stellantis