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 Pioneering work in the automotive IT jungle
Tag: Mobility
Dana Incorporated to Announce 2021 Third-quarter Financial Results, Host Conference Call and Webcast on October 26
MAUMEE, Ohio, Oct. 14, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) will release its 2021 third-quarter financial results on Tuesday, Oct. 26, 2021. A press release will be issued at approximately 7 a.m. EDT, followed by a conference call and webcast at 9 a.m. EDT. Members of the company’s senior management team will be available… Continue reading Dana Incorporated to Announce 2021 Third-quarter Financial Results, Host Conference Call and Webcast on October 26
Dana Incorporated Reports 2021 Third-quarter Financial Results
MAUMEE, Ohio, Oct. 26, 2021 /PRNewswire/ — Dana Incorporated logo. (PRNewsFoto/Dana Incorporated) Key Highlights Sales of $2.2 billion Net income attributable to Dana of $48 million Diluted EPS of $0.33 Adjusted EBITDA of $210 million Diluted adjusted EPS of $0.41 Hosted Capital Markets Day focused on electrification technology Announced over a dozen significant new EV… Continue reading Dana Incorporated Reports 2021 Third-quarter Financial Results
Dana Announces Termination of Agreement to Acquire Portion of Light-Vehicle Thermal Business from Modine Manufacturing Company
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… Continue reading Dana Announces Termination of Agreement to Acquire Portion of Light-Vehicle Thermal Business from Modine Manufacturing Company
BorgWarner to Supply Electric Motors for New Electric Truck
AUBURN HILLS, Mich., Oct. 26, 2021 /PRNewswire/ — BorgWarner is boosting its leadership position in commercial vehicle electrification with a German OEM’s selection of its HVH250 (High Voltage Hairpin) electric motors to power a heavy-duty truck model. Trucks are targeted to be equipped with two HVH motors per axle, each with industry-leading peak power of… Continue reading BorgWarner to Supply Electric Motors for New Electric Truck
Atlis Motor Vehicles Signs Agreement With Schwab Industries For Manufacturing Support
MESA, Ariz., Oct. 25, 2021 /PRNewswire/ — Atlis Motor Vehicles (ATLIS), a startup mobility technology company, announced today the signing of a Memorandum of Understanding with Schwab Industries (Schwab) to engage Schwab’s capabilities for Body-in-White manufacturing for the XT pickup truck. Built on the company’s three business units – Energy, XP Platform, and XT Pickup Truck, ATLIS is… Continue reading Atlis Motor Vehicles Signs Agreement With Schwab Industries For Manufacturing Support
Tier scoots off with $200M, all-equity ‘first close’ of Series D
Berlin-based e-scooter rentals company Tier Mobility has announced a $200 million raise which it says is the “first close” of its Series D, as investors continue to plough money into urban micromobility. The startup confirmed to TechCrunch it will be raising a larger amount before the Series D is closed out (and the full round… Continue reading Tier scoots off with $200M, all-equity ‘first close’ of Series D
The Station: Zoox seeks out rain and Tesla fans go on the attack — again
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. TechCrunch’s… Continue reading The Station: Zoox seeks out rain and Tesla fans go on the attack — again
Hyzon Motors Inc. Announces Timing of Third Quarter 2021 Financial Results and Conference Call
ROCHESTER, N.Y., Oct. 25, 2021 /PRNewswire/ — Hyzon Motors, Inc. (“Hyzon”) (NASDAQ: HYZN), a leading global supplier of zero-emission hydrogen fuel cell electric heavy vehicles, announced today that it will release its third quarter results before the market opens on Friday, November 12, 2021. Craig Knight, Chief Executive Officer of Hyzon, Mark Gordon, Chief Financial Officer,… Continue reading Hyzon Motors Inc. Announces Timing of Third Quarter 2021 Financial Results and Conference Call
GM, Ford results likely to reflect chip shortage’s varying impacts on sector
DETROIT: General Motors Co and Ford Motor Co are likely to show investors both the positive and negative financial impacts of the global semiconductor chip shortage when the U.S. automakers report third-quarter results on Wednesday. GM and Ford have had to bring some assembly lines to a halt for lack of semiconductors, and contend with… Continue reading GM, Ford results likely to reflect chip shortage’s varying impacts on sector