Ladies and Gentlemen, Good morning! In the second quarter of 2021, as expected, the BMW Group was able to build on its strong performance of the first three months. Individual mobility remains in high demand across the globe. The EBIT margin in the Automotive Segment for the year to the end of June was 13.0%… Continue reading @BMW: Statement Dr Nicolas Peter, Member of the Board of Management of BMW AG, Finance, Conference Call Half-Year Report to 30th June 2021001350
Tag: Mobility
@BMW: Statement Oliver Zipse, Chairman of the Board of Management of BMW AG, Conference Call Half-Year Report to 30th June 2021001349
Good morning, Ladies and Gentlemen. The performance of BMW is undisputed. As Nicolas Peter told us. We are on the right track. We are making the right decisions at the right time: the decisions that will keep our company profitable and successful for a long time to come. Ladies and Gentlemen,What is the world most concerned with… Continue reading @BMW: Statement Oliver Zipse, Chairman of the Board of Management of BMW AG, Conference Call Half-Year Report to 30th June 2021001349
@BMW: BMW Group boosts profitability and earnings in second quarter despite semiconductor shortage001347
Munich, Germany – August 3, 2021… The BMW Group continued performing dynamically in the second quarter, setting new record figures for sales, earnings and net profit. Demand for the Group’s premium vehicles has remained strong, with continued good pricing.Reported figures for the second quarter improved significantly compared to one year earlier, when the BMW Group… Continue reading @BMW: BMW Group boosts profitability and earnings in second quarter despite semiconductor shortage001347
Chinese EV maker Li Auto launches $1.9bn Hong Kong listing drive
HONG KONG — Chinese electric vehicle maker Li Auto is seeking to raise $1.9 billion through a listing on the Hong Kong Stock Exchange that will give it greater security amid rising capital market tensions between Washington and Beijing. Li Auto went public only a year ago on the Nasdaq Stock Market, raising $1.1 billion.… Continue reading Chinese EV maker Li Auto launches $1.9bn Hong Kong listing drive
Local Motors selects alwaysAI® as its Computer Vision partner for automated accessibility features and enhanced customer experience on Olli 2.0
alwaysAI®‘s platform will enable automated accessibility features and enhanced passenger experience in Local Motor’s AV products. These features will allow transit services to reach more passengers, drive up vehicle utilization, and improve passenger safety. “Computer vision is a critical part of the new transportation industry. CV provides intelligent sight to autonomous vehicles, like the shuttles… Continue reading Local Motors selects alwaysAI® as its Computer Vision partner for automated accessibility features and enhanced customer experience on Olli 2.0
Indian auto part makers want Tesla’s entry to benefit local companies
A Tesla sales and service center is shown in Costa Mesa, California, U.S. June 28, 2018. REUTERS/Mike Blake/File Photo NEW DELHI, Aug 3 (Reuters) – India’s auto component makers want Tesla’s potential entry to benefit the country’s suppliers, and one way to achieve that is for the company to manufacture locally, the head of the… Continue reading Indian auto part makers want Tesla’s entry to benefit local companies
Gogoro Reaches 400,000 Monthly Battery Swapping Subscribers, Surpasses 200 Million Battery Swaps
“Gogoro’s strong momentum in monthly subscriber growth and total swapped batteries, along with our expanding list of partnerships with vehicle makers, are all strong indicators of our global leadership in urban battery swapping and smart mobility services,” said Horace Luke, founder, and CEO, Gogoro Inc. “We are proud of our success to date and the… Continue reading Gogoro Reaches 400,000 Monthly Battery Swapping Subscribers, Surpasses 200 Million Battery Swaps
Simple Energy plans million e-scooters capacity plant in Hosur
EV start-up Simple Energy, which is set to launch its electric scooter ‘Simple One’ on August 15, will be setting up its production plant at Hosur, Tamil Nadu. As per the EV maker, the first phase will see the factory develop around 200,000 square feet and will have a production capacity of up to million units annually. Simple… Continue reading Simple Energy plans million e-scooters capacity plant in Hosur
Volta Charging Announces Intent To Expand In Europe
SAN FRANCISCO, Aug. 3, 2021 /PRNewswire/ — Volta Industries, Inc. (“Volta Charging”), an industry leader in commerce-centric electric vehicle (“EV”) charging networks, which has entered into a definitive agreement for a business combination with Tortoise Acquisition Corp. II (NYSE: SNPR), announced today that it intends to expand operations into the European Union with the opening… Continue reading Volta Charging Announces Intent To Expand In Europe
Simple Energy’s Hosur plant to have production capacity of million e-scooters in Phase 1
Bangalore-based Simple Energy, which is set to launch its tech-laded sporty electric scooter christened ‘Simple One’ on August 15, has announced that it will be setting up its production plant at Hosur, Tamil Nadu. The Simple One will be available in phased-manner starting with Bangalore, Chennai, and Hyderabad followed by other cities in the coming… Continue reading Simple Energy’s Hosur plant to have production capacity of million e-scooters in Phase 1