German Handelsblatt: Auto industry: VW enters electricity trading007255

VW E-Up during charging The pilot project will initially use 28 battery systems and 38 cell modules from the E-Up small car. (Photo: Reuters) VW discovers a new way of using used e-car batteries and enters the electricity trade. Business on the German market of the Epex Spot power exchange began in Berlin on Wednesday.… Continue reading German Handelsblatt: Auto industry: VW enters electricity trading007255

Consumer Automotive Finance, Inc. Appoints Experienced CEO in Consumer Packaged Goods to Build Company into a Sports and Nutrition Powerhouse

Consumer Automotive Finance, Inc. Appoints Experienced CEO in Consumer Packaged Goods to Build Company into a Sports and Nutrition Powerhouse Consumer Automotive Finance, Inc. will now become Fifty1 Labs, Inc. CHARLOTTE, N.C., July 12, 2023 /PRNewswire/ — Consumer Automotive Finance, Inc. (OTCPK: CAFI), a company that operates in the sports supplement, fitness equipment, and health… Continue reading Consumer Automotive Finance, Inc. Appoints Experienced CEO in Consumer Packaged Goods to Build Company into a Sports and Nutrition Powerhouse

Vehicle loans outstanding rise 22% in May despite high interest rates

The retail sales data collected by the Federation of Automobile Dealers Associations (FADA) also reflects rising sales of vehicles across various categories in June. Vehicle loans outstanding increased by 22% year-on-year to INR 5.09 lakh crore in May, notwithstanding the Reserve Bank‘s rate hike spree in 2022-23. As per the latest RBI data, the total… Continue reading Vehicle loans outstanding rise 22% in May despite high interest rates

Audi in talks to buy Chinese automaker SAIC’s EV platform

udi offers two EV models – Q4 e-tron and Q5 e-tron – developed on Volkswagen’s MEB platform in China. Germany’s Audi is in talks with SAIC Motor Corp to buy an electric vehicle platform from the Chinese state-owned automaker, two people familiar with the matter said, an unprecedented effort to shore up market share. The… Continue reading Audi in talks to buy Chinese automaker SAIC’s EV platform

German Handelsblatt: Auto industry: VW enters electricity trading007253

VW E-Up during charging The pilot project will initially use 28 battery systems and 38 cell modules from the E-Up small car. (Photo: Reuters) VW discovers a new way of using used e-car batteries and enters the electricity trade. Business on the German market of the Epex Spot power exchange began in Berlin on Wednesday.… Continue reading German Handelsblatt: Auto industry: VW enters electricity trading007253

German Handelsblatt: Auto industry: VW enters electricity trading007253

VW E-Up during charging The pilot project will initially use 28 battery systems and 38 cell modules from the E-Up small car. (Photo: Reuters) VW discovers a new way of using used e-car batteries and enters the electricity trade. Business on the German market of the Epex Spot power exchange began in Berlin on Wednesday.… Continue reading German Handelsblatt: Auto industry: VW enters electricity trading007253

Audi in talks to buy Chinese automaker SAIC’s EV platform -sources

SHANGHAI, July 12 (Reuters) – Germany’s Audi is in talks with SAIC Motor Corp (600104.SS) to buy an electric vehicle platform from the Chinese state-owned automaker, two people familiar with the matter said, an unprecedented effort to shore up market share. The move, coming as sales of Audi’s EV products fall sharply behind those of… Continue reading Audi in talks to buy Chinese automaker SAIC’s EV platform -sources

NATIONAL CYCLING LEAGUE AND BEARINGS BIKE WORKS FORGE COMMUNITY-BASED PARTNERSHIP

An innovative collaboration to promote youth empowerment through cycling. ATLANTA, July 12, 2023 /PRNewswire/ –The National Cycling League (NCL) and Bearings Bike Works are thrilled to announce a ground-breaking partnership to promote cycling as a powerful tool for community-building in Atlanta and beyond. The NCL, the first gender-equal professional sports league in the U.S. and… Continue reading NATIONAL CYCLING LEAGUE AND BEARINGS BIKE WORKS FORGE COMMUNITY-BASED PARTNERSHIP

HYZON MOTORS ANNOUNCES APPOINTMENT OF MATTHEW FOULSTON TO BOARD OF DIRECTORS

Foulston is an accomplished financial executive, having served as Chief Financial Officer (CFO) for three publicly listed companies throughout his career. He also brings extensive international expertise, with more than 30 years of experience working across the automotive/commercial truck, mining, agriculture, food, and animal health sectors. “Matthew is a seasoned financial executive and we’re thrilled… Continue reading HYZON MOTORS ANNOUNCES APPOINTMENT OF MATTHEW FOULSTON TO BOARD OF DIRECTORS

Sojern Acquires VenueLytics to Bolster its Platform for the Hospitality Industry

SAN FRANCISCO, July 11, 2023 /PRNewswire/ — Sojern, the leading travel marketing platform, today announced the acquisition of VenueLytics, the hospitality industry’s most integrated guest experience platform serving independent hotels, resorts, chains and casinos. Sojern will incorporate VenueLytics’ capabilities as an extension of the Sojern Travel Marketing Platform. Sojern has long been a direct bookings driver… Continue reading Sojern Acquires VenueLytics to Bolster its Platform for the Hospitality Industry