CANGO Auto View: New Era for Smart Vehicles – Tech Companies Disrupt Auto Industry Chain

SHANGHAI, Aug. 13, 2021 /PRNewswire/ — With the evolving landscape of the global automotive industry, Cango Inc. (NYSE: CANG) (“Cango” or the “Company”) is issuing a bi-monthly industry insight called “CANGO Auto View” to bring readers, drivers and passengers up to speed with what’s on offer in the automobile market, what trends are emerging, and… Continue reading CANGO Auto View: New Era for Smart Vehicles – Tech Companies Disrupt Auto Industry Chain

@niche: Nikola Awarded U.S. Department of Energy Grant001144

PHOENIX. August 12, 2021 — Nikola Corporation (NASDAQ: NKLA), a leading designer and manufacturer of heavy-duty commercial battery-electric vehicles (BEV), fuel-cell electric vehicles (FCEV) and energy infrastructure solutions, today announced that they have been awarded an approximate $2 million grant from the U.S. Department of Energy to advance its research into autonomous refueling technologies for… Continue reading @niche: Nikola Awarded U.S. Department of Energy Grant001144

Schaeffler makes electric powertrains even more efficient and sustainable

2021-08-13 | Herzogenaurach/München Components and systems from Schaeffler electrify the powertrain and enable sustainable mobility New releases: Schaeffler 800-volt power electronics and thermal management system increase the range of electric vehicles Highly efficient 3-in-1 electric axle combines electric motor, transmission, and power electronics in one system The automotive and industrial supplier Schaeffler is presenting innovative… Continue reading Schaeffler makes electric powertrains even more efficient and sustainable

Interview: Dieter Zetsche, Chief Executive, Daimler – Automotive World

The F 015 concept car that Daimler unveiled in January at International CES 2015 was followed in September at the 2015 Frankfurt motor show (IAA) by the Concept IAA; the car’s name was taken not from the show’s acronym, but stood instead for Intelligent Aerodynamic Automobile. As presented, the four door coupe concept’s headline feature… Continue reading Interview: Dieter Zetsche, Chief Executive, Daimler – Automotive World

Hero MotoCorp’s net profit in Q1 up five-fold to Rs 365 crore

Hero MotoCorp, the world’s largest manufacturer of motorcycle and scooters, has reported net profit of Rs 365 for Q1 FY2022 (April-June 2021). This constitutes 498% year-on-increase, albeit the year-ago situation was one badly impacted by the beginning of the pandemic.   Riding on sales of 10.25 lakh units of motorcycles and scooters during the quarter despite Covid-19 related  disruptions, … Continue reading Hero MotoCorp’s net profit in Q1 up five-fold to Rs 365 crore

GreenPower Reports Fiscal First Quarter 2022 Financial Results

VANCOUVER, BC, Aug. 12, 2021 /PRNewswire/ — GreenPower Motor Company Inc. (Nasdaq: GP) (TSXV: GPV) (“GreenPower”), a leading manufacturer and distributor of zero emission electric powered vehicles serving the cargo and delivery, shuttle, transit and school bus markets, today announced financial results for its quarter ended June 30, 2021. “As expected, we experienced a substantial… Continue reading GreenPower Reports Fiscal First Quarter 2022 Financial Results

Audi’s new autonomous concept car is also sort of a Transformer

Audi released details of a new concept car this week called the Skysphere, a self-driving roadster that can change shape at the touch of a button. The sleek, villainous-looking convertible pairs an electric powertrain with luxury amenities for a result that even Batman would find a bit over the top. Notably, the vehicle features an… Continue reading Audi’s new autonomous concept car is also sort of a Transformer

Arrival is on track to begin production of its electric bus and van next year

Executives from London-based commercial EV company Arrival told investors Thursday the company was on track to meet planned product launch dates, but much will depend on whether or not the company can fulfill orders and turn letters of intent into sales — especially a crucial van order with UPS, which could bring in upwards of… Continue reading Arrival is on track to begin production of its electric bus and van next year

Overair Unveils Much Anticipated Butterfly eVTOL Design, a Culmination of Decades of Military Grade Vertical Lift Technology

SANTA ANA, Calif., Aug. 12, 2021 /PRNewswire/ — Overair, Inc. (“Overair”) today revealed the commercial design of its revolutionary Butterfly all-electric vertical takeoff and landing (eVTOL) aircraft for advanced air mobility. Until now, Overair’s rapidly growing team of engineers and technicians has been operating in stealth mode, integrating technologies from 20+ years of aerospace innovation led… Continue reading Overair Unveils Much Anticipated Butterfly eVTOL Design, a Culmination of Decades of Military Grade Vertical Lift Technology

Foothill Gold Line Project Reaches Major Milestone in August

MONROVIA, Calif., Aug. 12, 2021 /PRNewswire/ — Today, the Foothill Gold Line Construction Authority (Construction Authority) announced that the 9.1-mile, four-station Foothill Gold Line light rail project segment from Glendora to Pomona reached a major milestone. As of August, the design for the $1.5 billion light rail project reached substantial completion. The design-build project was awarded… Continue reading Foothill Gold Line Project Reaches Major Milestone in August