Dana Incorporated Reports 2021 Financial Results, Issues Guidance for 2022

Company Announces Strong Three-year Sales Backlog of $800 Million, Half from Electrified-vehicle Programs MAUMEE, Ohio, Feb. 23, 2022 /PRNewswire/ — Dana Incorporated logo. (PRNewsFoto/Dana Incorporated) Full-year Results Sales of $8.9 billion, an increase of $1.8 billion Net income attributable to Dana of $197 million, an increase of $228 million Diluted EPS of $1.35, an increase… Continue reading Dana Incorporated Reports 2021 Financial Results, Issues Guidance for 2022

Marelli supplies the inverter for the new BMW CE 04 electric scooter

“We are glad to be on board such an outstanding electric vehicle like the BMW CE 04. The availability of new electric two-wheelers further enlarges the opportunities for users to enter into the mobility of tomorrow,” said Hannes Prenn, President of Marelli’s Vehicle Electrification division. “The inverter technology is a key enabler to ensure efficient energy… Continue reading Marelli supplies the inverter for the new BMW CE 04 electric scooter

GM shuts downs Marketplace, the app that let you buy gas and coffee from your car’s screen

General Motors is shutting down its in-car shopping app, Marketplace, which allowed customers to buy coffee, pay for gas, or make restaurant reservations from the infotainment screen of their vehicles. The service will be discontinued March 2022. (The news was first reported by CNBC.) The app, which was first introduced in 2017, was part of… Continue reading GM shuts downs Marketplace, the app that let you buy gas and coffee from your car’s screen

EV batteries: just swap them

One of the very few drawbacks of electric vehicles is the charge time. But what if we could swap batteries rather than plug them in? Swapping electric vehicle (EV) batteries isn’t new, Tesla came up with the concept in 2013, but back then individual EV owners didn’t take to the idea. Solving long-haul “range anxiety”… Continue reading EV batteries: just swap them

LG Ensol and Samsung SDI to increase density of small cylindrical batteries by 10%

Next standard model of 21700to be released within the yearImprove electric vehicle space utilizationExpected to improve competitiveness of domestic batteries LG Energy Solution and Samsung SDI willlaunch the next generation ofsmall cylindrical (standard 21700) batteries, with 10% increased energy density. Their strategy is to upgrade their current flagship 4.8~5.0Ah products to 5.3~5.6Ah by the end… Continue reading LG Ensol and Samsung SDI to increase density of small cylindrical batteries by 10%

Waymo to keep robotaxi safety details secret, court rules

Waymo, the autonomous driving arm of Alphabet, was granted a win on Tuesday when a California court ruled it could keep certain details regarding its AV technology secret. The company filed a lawsuit against the California Department of Motor Vehicles in late January in order to keep some information about its autonomous vehicle deployment permit,… Continue reading Waymo to keep robotaxi safety details secret, court rules

@FCA: Stellantis Employees Benefit from Company’s 2021 First Full Year Financial Results

February 23, 2022 , AMSTERDAM – The creation of Stellantis has brought benefits to the new Company and its employees all over the world. Stellantis’ 2021 full year results allow a redistribution to employees as a recognition of their contribution to the Company’s achievements. “Employees are the heart of Stellantis. It is thanks to their continued… Continue reading @FCA: Stellantis Employees Benefit from Company’s 2021 First Full Year Financial Results

Hyundai Transys’ Future Mobility Seat Concept Reflects New Sustainable Design Direction

At the show, Hyundai Transys is exhibiting its color-material-finish (CMF) concept seat in the fair’s innovation section under the theme ‘Shift to Regenerative Mobility’. The company developed new sustainable leather and other regenerative materials in partnership with Italian and Korean manufacturers to create an innovative seat concept from tanning waste. Hyundai Transys selected the leather… Continue reading Hyundai Transys’ Future Mobility Seat Concept Reflects New Sustainable Design Direction

More chips: Bosch to invest on extending semiconductor production in Reutlingen

Mobility Solutions is the largest Bosch Group business sector. According to preliminary figures, it generated sales of 45.4 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… Continue reading More chips: Bosch to invest on extending semiconductor production in Reutlingen

@FCA: Free2Move Unstoppable, Arrives in Columbus

February 22, 2022 , Columbus, Ohio – Free2Move just arrived in Columbus, Ohio, and is revolutionizing mobility in the city. Through the Free2Move app, people are able to immediately access brand-new Jeep® Renegades parked in the city center and rent the vehicles by the minute, by the day or by the month. Already present in Washington,… Continue reading @FCA: Free2Move Unstoppable, Arrives in Columbus