Eberspaecher Group maintains strong outlook for 2021

German supplier Eberspaecher Group has announced that despite the unprecedented challenging fiscal year 2020 that was heavily impacted by the economic effects of the Coronavirus pandemic, the current year marks the sign of transformation for the company. ‘Exhaust Technology’, which is the company’s biggest division will change to a more independent operational structure and conduct… Continue reading Eberspaecher Group maintains strong outlook for 2021

Tata Motors wins Rs 44 crore CESL contract for 300 EVs

Tata Motors, with its Nexon EV and Tigor sedan, was the No. 1 electric carmaker in India, in FY2021. Tata Motors, which was the No. 1 electric car OEM in India in FY2021 with sales of 4,216 units and 64% of all-India sales, has just received a new order for its electric passenger vehicles. The… Continue reading Tata Motors wins Rs 44 crore CESL contract for 300 EVs

Daimler’s Kallenius says an ‘honest conversation’ is needed on EVs and jobs – Automotive News Europe

LONDON — If the European Union wants to push a faster shift to zero-emissions cars then Daimler is ready, but there needs to be an open debate on the impact electrification will have on auto jobs, the automaker’s CEO, Ola Kallenius, said. “It’s an ambition that we say yes to,” Kallenius said during an interview… Continue reading Daimler’s Kallenius says an ‘honest conversation’ is needed on EVs and jobs – Automotive News Europe

Kia America Debuts in US.

Plan S, or Plan Shift, is Kia’s ambitious $25 billion transformative strategy.  Plan S includes sustainable mobility, delivery vehicles and personal transport solutions through Kia’s PBV platform as well as developing Kia’s Mobility as a Service strategy. Plan S will also see the launch of 11 EVs on a global basis by 2026. The first… Continue reading Kia America Debuts in US.

Tata Motors’ Q4 FY2021 revenue up 42 percent, in line with estimates

Tata Motors’ India operations continued its strong sequential recovery in the last quarter of FY2021 and Jaguar Land Rover’s business too reflected retail recovery in China and North America in Q4. The consolidated net revenue for Q4 came in at Rs 88,628 crore, up 41.8 percent from the revenue of Rs 75,654 crore in the year-ago period.… Continue reading Tata Motors’ Q4 FY2021 revenue up 42 percent, in line with estimates

Tesla says it’s working with China to investigate a crash in which a policeman reportedly died

Tesla said it is cooperating with Chinese officials in an investigation into a fatal crash. Video footage of the accident went viral in China on Tuesday, according to Bloomberg. The accident comes after a protest at the Shanghai Auto Show drew attention to Tesla safety concerns. See more stories on Insider’s business page. Tesla said… Continue reading Tesla says it’s working with China to investigate a crash in which a policeman reportedly died

@VW Group: Audi further extends the premium-mobility service ‘Audi on demand’ in Germany003104

A new subscription offer, a dedicated app and now more than 65 stations at German dealers: AUDI AG is pressing ahead with the expansion of its exclusive mobility service ‘Audi on demand’ and thus complementing its digital ecosystem around the automobile. In this way customers gain an even broader range of services that respond to… Continue reading @VW Group: Audi further extends the premium-mobility service ‘Audi on demand’ in Germany003104

@Toyota: Buckle Up: All-New Toyota Tundra Coming Soon

About ToyotaToyota (NYSE:TM) has been a part of the cultural fabric in the U.S. and North America for more than 60 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands. During that time, Toyota has created a tremendous value chain as our teams have contributed to world-class design, engineering, and… Continue reading @Toyota: Buckle Up: All-New Toyota Tundra Coming Soon

@Toyota: Toyota Research Institute Commits $36 million in Funding Over the Next Four Years for Accelerated Materials Design and Discovery with University Partners

Leading Research Organization’s Second Wave of Investment Aims to Accelerate the Development of New Materials for Emissions Free and Carbon Neutral Vehicles    LOS ALTOS, Calif. (May 18, 2021) – Toyota Research Institute (TRI) announced today that it is committing another $36 million to its Accelerated Materials Design and Discovery (AMDD) collaborative university research program over… Continue reading @Toyota: Toyota Research Institute Commits $36 million in Funding Over the Next Four Years for Accelerated Materials Design and Discovery with University Partners

Tata Motors’ Q4FY2021 revenue up 42 percent, in-line with estimates

Tata Motors’ India operations continued its strong sequential recovery in the last quarter of FY2021 and Jaguar Land Rover’s business too reflected retail recovery in China and North America in Q4. The consolidated net revenue for Q4 came in at Rs 88,628 crore, up 41.8 percent from the revenue of ₹75,654 crore in the year-ago period. The… Continue reading Tata Motors’ Q4FY2021 revenue up 42 percent, in-line with estimates