Till a few weeks ago, the world was focused on Russia and China — the former for its inexplicable aggression unleashed on Ukraine while the latter was in the news for the stringent lockdown imposed in Shanghai. Today, the war continues except that Russia does not seem to show any signs of vulnerability despite being… Continue reading TOPSY-TURVY WORLD
Tag: Geely
ZeroAvia and PowerCell sign memorandum of understanding regarding joint development and series deliveries of Fuel Cell Stacks for Aviation
The partnership will see both parties continuing work together to modify existing PowerCell stacks for optimal performance within ZeroAvia’s hydrogen-electric, zero-emission aviation powertrains. PowerCell intends to assemble the modified stacks for incorporation into ZeroAvia’s prototype, and later certified, powertrains. PowerCell has been a key supplier of low temperature PEM (LTPEM) fuel cells as part of… Continue reading ZeroAvia and PowerCell sign memorandum of understanding regarding joint development and series deliveries of Fuel Cell Stacks for Aviation
TVR revival back on the cards with three new electric cars
A recent invite received by Autocar to a preview of TVR’s electrified future unveilings suggests the firm is getting back on track with its revival plan, which has been beset by significant setbacks since it revealed its debut model, the Griffith, in September 2017. It follows an announcement from the beleaguered TVR marque that it… Continue reading TVR revival back on the cards with three new electric cars
Tesla accounts for half of China’s electric vehicle exportations
Tesla’s Model Y and Model 3 exportation from Gigafactory Shanghai accounts for half of China’s electric vehicle exportation during the first half of 2022. When Tesla first announced its plan to build a giant electric car factory in Shanghai, CEO Elon Musk said it was solely to supply China’s local demand for electric vehicles and… Continue reading Tesla accounts for half of China’s electric vehicle exportations
Saudi wealth fund to become Aston Martin’s second-largest shareholder with 17% stake
Aston Martin‘s shares jumped 20% on Friday after the British luxury carmaker announced an capital raising that will see Saudi Arabia’s Public Investment Fund (PIF) become its second-largest shareholder with an almost 17% stake. PIF’s 78 million pound investment, together with a 575 million pound rights issue, will allow the 109-year-old company lower its debt and… Continue reading Saudi wealth fund to become Aston Martin’s second-largest shareholder with 17% stake
German Manager Magazin: Acea sales figures for Volkswagen, BMW, Mercedes: weak first half of the year for Europe’s auto industry001922
The European car market continues to stutter in the face of a lack of delivery parts. In June, new car registrations in the European Union (EU) continued their weak record of the previous months, with a total of 886,510 vehicles, fewer new cars were registered than in a month since 1996, as the industry association… Continue reading German Manager Magazin: Acea sales figures for Volkswagen, BMW, Mercedes: weak first half of the year for Europe’s auto industry001922
Aston Martin to raise £653mn as Saudi Arabia becomes major shareholder
Luxury carmaker rejects funding offer from China’s Geely and former owner Investindustrial Go to Source
Steelmakers explore hydrogen to power energy-hungry processes
Receive free Hydrogen power updates We’ll send you a myFT Daily Digest email rounding up the latest Hydrogen power news every morning. Hydrogen’s role in the decarbonisation of heavy industries is about to be put to the test. Recent months have seen a surge in global companies unveiling pilot schemes aimed at demonstrating the potential… Continue reading Steelmakers explore hydrogen to power energy-hungry processes
Fuel cells show greatest promise in aviation
Receive free Hydrogen vehicles updates We’ll send you a myFT Daily Digest email rounding up the latest Hydrogen vehicles news every morning. On land, sea and air, proponents of fuel cells are promoting their favoured zero-carbon energy source. Cars and commercial vehicles, boats and aircraft are today generating propulsive power by passing hydrogen through electrochemical… Continue reading Fuel cells show greatest promise in aviation
Geely’s Radar unveils electric pickup for nature lovers
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