STOREDOT, THE EXTREME FAST CHARGING BATTERY PIONEER, JOINS FORCES WITH POLESTAR IN STRATEGIC PARTNERSHIP

Meir Halberstam, StoreDot CFO “This is yet another significant vote of confidence in StoreDot and our market-leading extreme fast charging battery. This investment from one of the pioneering electric vehicle brands is an important step in our commercialization process. It will not only enable us to bring the ground-breaking ‘100in5’ batteries to market quicker, but… Continue reading STOREDOT, THE EXTREME FAST CHARGING BATTERY PIONEER, JOINS FORCES WITH POLESTAR IN STRATEGIC PARTNERSHIP

VW’s CARIAD Taps Luxoft for Future-Oriented In-Car Software Solutions

“Luxoft is reliable and forward-thinking in its testing and integration services, enabling us to accelerate the development of our software platform and its components as well as state-of-the art functionalities and usability,” stated CARIAD CEO, Dirk Hilgenberg. CARIAD is working on a unified and scalable software platform for all Volkswagen Group passenger car brands comprising… Continue reading VW’s CARIAD Taps Luxoft for Future-Oriented In-Car Software Solutions

WATEA by Michelin leverages COMPREDICT’s virtual sensors to optimize the management of electric utility fleets.

Fleet managers of light commercial vehicles (LCVs) frequently need to know the mass transported during the day in order to provide each driver with the right vehicle for his or her mission, optimize maintenance and gain a better understanding of operations in the field. However, there is currently no pure software solution to continuously determine… Continue reading WATEA by Michelin leverages COMPREDICT’s virtual sensors to optimize the management of electric utility fleets.

Hyundai Motor Group to invest $50 bln in S.Korea through 2025, article with image

The logo of Hyundai Motors is seen at the company’s headquarters in Seoul, South Korea, March 22, 2019. REUTERS/Kim Hong-Ji/File Photo Register now for FREE unlimited access to Reuters.com Register SEOUL, May 24 (Reuters) – Hyundai Motor Group said on Tuesday it plans to invest 63 trillion won ($49.86 billion) in South Korea through 2025… Continue reading Hyundai Motor Group to invest $50 bln in S.Korea through 2025, article with image

MoEVing bullish on multi-modal EV charging

MoEVing which recently inaugurated its first multi modal electric vehicle charging space in Yeshwanthpur, a Bengaluru suburb, has outlined plans to build several more multi modal charging stations across India to ensure seamless fleet operations.  Its latest outlet in Bengaluru is spread across 12,000 square feet and has high volume electric vehicle (EV) charging points,… Continue reading MoEVing bullish on multi-modal EV charging

Volkswagen to build all-electric ID.4 at Emden

Volkswagen which is expanding its global production network for electric cars has announced plans to build the all-electric ID.4 in Emden. The Emden plant, with its 8,000 employees, has been renovated with an investment of around one million euros, making it the first high-tech site for electric mobility in Lower Saxony. Ralf Brandstatter, CEO, Volkswagen… Continue reading Volkswagen to build all-electric ID.4 at Emden

Airbnb to shut down domestic operations in China

Airbnb is shutting down its business in mainland China this summer due to mounting costs and domestic competition, reported CNBC. The online vacation rental platform first launched operations in China in 2016, spurred by enthusiasm from Chinese tourists who frequently use it while traveling abroad. But according to sources who spoke to CNBC, Airbnb’s China… Continue reading Airbnb to shut down domestic operations in China

German Handelsblatt: Transformation to electric mobility: ZF, Mahle, Knorr-Bremse, Grammer: why so many automotive suppliers are looking for a new boss004359

When the Munich-based supplier group Knorr- Bremse invites you to its annual general meeting on Tuesday, a CEO will once again be missing. After the short guest appearance of the former Linde manager Bernd Eulitz, the former Siemens manager Jan Mrosik left the ship in March. Both of them, it was said afterwards, never arrived… Continue reading German Handelsblatt: Transformation to electric mobility: ZF, Mahle, Knorr-Bremse, Grammer: why so many automotive suppliers are looking for a new boss004359

Snap says it will miss this quarter’s revenue goals and slow hiring

Snap CEO Evan Spiegel wrote in an internal memo that the company will miss its revenue goals for this quarter. Snap will also slow its pace of hiring, a tactic that companies like Meta and Uber have employed as a way to cut costs. Though Snap continues to grow year over year, Spiegel says the… Continue reading Snap says it will miss this quarter’s revenue goals and slow hiring

NEVONEX market launch: now available in German-speaking regions

Mobility Solutions is the largest Bosch Group business sector. It generated sales of 45.3 billion euros in 2021, and thus contributed 58 percent of total sales from operations. This makes the Bosch Group one of the leading automotive suppliers. The Mobility Solutions business sector pursues a vision of mobility that is safe, sustainable, and exciting,… Continue reading NEVONEX market launch: now available in German-speaking regions