MAUMEE, Ohio, Oct. 25, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today a mutual agreement with Modine Manufacturing Company (NYSE: MOD) to terminate Dana’s agreement to acquire a portion of Modine’s automotive thermal-management business for one dollar with the assumption of certain financial liabilities. Both companies had been actively engaged in the regulatory review process… Continue reading Oct 25, 2021, 16:30 ETDana Announces Termination of Agreement to Acquire Portion of Light-Vehicle Thermal Business from Modine Manufacturing CompanyDa…
Tag: Mobility
Autos & Transportation · October 29, 2021 · 4:46 PM UTCAnalysis: Volkswagen gets reality check after Tesla’s week of milestonesIt’s been a sobering we…
Tesla hits three milestones in a week Volkswagen cuts outlook, reports Q3 profit drop Volkswagen aims to overtake Tesla by 2025 Gap between the two companies widens – analysts FRANKFURT, Oct 29 (Reuters) – It’s been a sobering week for Herbert Diess‘ electric vehicle ambitions. While Tesla (TSLA.O) joined the trillion-dollar club, received a landmark… Continue reading Autos & Transportation · October 29, 2021 · 4:46 PM UTCAnalysis: Volkswagen gets reality check after Tesla’s week of milestonesIt’s been a sobering we…
Hertz says it may expand supply of Teslas to Uber to 150,000
The logo of car rental company Hertz is seen at a branch office in Zurich, Switzerland November 17, 2020. REUTERS/Arnd Wiegmann SAN FRANCISCO, Oct 28 (Reuters) – Rental car company Hertz (HTZZ.PK) said on Thursday it could expand plans to supply Tesla (TSLA.O) vehicles to Uber (UBER.N) to 150,000 during the next three years from… Continue reading Hertz says it may expand supply of Teslas to Uber to 150,000
Bosch to invest more than 400 million euros in its semiconductor fabs in 2022
Mobility Solutions is the largest Bosch Group business sector. It generated sales of 42.1 billion euros in 2020, and thus contributed 59 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 safe, sustainable, and exciting,… Continue reading Bosch to invest more than 400 million euros in its semiconductor fabs in 2022
@VW Group: Audi Group makes healthy profit despite semi-conductor crisis – forecast for 2021 adjusted004111
Following record figures in the first half of the year, the third quarter is characterized above all by the crisis in semiconductors. After nine months, the Audi Group, in spite of the challenges, is in a respectable position overall in operating and financial terms. From January to September, the number of deliveries, revenue, operating profit,… Continue reading @VW Group: Audi Group makes healthy profit despite semi-conductor crisis – forecast for 2021 adjusted004111
@Toyota: Toyota’s First U.S. Vehicle Plant Shifts Transformation into High Gear
$461 Million Investment, 1,400 Direct Jobs Helps Modernize Facility, Increases Production Flexibility And Supports Carbon Neutrality GEORGETOWN, Ky. (October 29, 2021) – You might think Toyota Kentucky (TMMK) has seen it all during its 35-year history. But today, Toyota announced a series of changes and projects that will boost the Georgetown plant’s transformation to meet… Continue reading @Toyota: Toyota’s First U.S. Vehicle Plant Shifts Transformation into High Gear
@Toyota: All-Electric bZ4X Production Model Announced in Japan
About Toyota Toyota (NYSE:TM) has been a part of the cultural fabric in the U.S. for more than 60 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands, plus our nearly 1,500 dealerships. Toyota has created a tremendous value chain and directly employs more than 36,000 in the U.S.… Continue reading @Toyota: All-Electric bZ4X Production Model Announced in Japan
Toyota’s First U.S. Vehicle Plant Shifts Transformation into High Gear
Facility Enhancements and Operational Upgrades: Advanced manufacturing equipment and technologies, coupled with facility layout improvements, will increase the plant’s operational speed, flexibility and competitiveness. These improvements will expand TMMK’s ability to produce new products, including future electrification. Expansion of Powertrain Capabilities: TMMK’s powertrain operation will increase its product mix with a 2.4-liter turbo engine line.… Continue reading Toyota’s First U.S. Vehicle Plant Shifts Transformation into High Gear
Battrixx launches dual power EV smart batteries
Battrixx, a wholly owned subsidiary of KabraExtrusiontechnik (KET) has launched its 4 kWh Dual Power electric vehicle smart batteries. The company says the smart battery packs are highly reliable, safe and robust for Indian drive conditions. The pack uses two 2kWh smart battery packs in parallel or series designed based on a patented European technology… Continue reading Battrixx launches dual power EV smart batteries
@Honda: Honda Introduces Initiatives for the Utilization of Honda Mobile Power Pack, portable and swappable batteries
TOKYO, Japan, October 29, 2021 — Honda Motor Co., Ltd. today held a media briefing on the further utilization of Honda Mobile Power Pack (MPP), Honda’s portable and swappable batteries, and initiatives for the expanded utilization of renewable energy. A summary of the conference follows. Initiatives for the expansion of renewable energy utilization – In… Continue reading @Honda: Honda Introduces Initiatives for the Utilization of Honda Mobile Power Pack, portable and swappable batteries