Sodion Energy bets on sodium-ion battery tech to power green vehicles

Sodium-ion batteries, which can be produced in cylindrical, pouch and prismatic format and are easily recyclable, can be a disruptor in the rapidly growing energy storage market as a safe, low-cost and high energy density battery. Sodion Energy plans to launch its battery packs by Q1 CY2021. The year 2020 will be remembered for a… Continue reading Sodion Energy bets on sodium-ion battery tech to power green vehicles

A new Indian EV maker begins its journey

For India to be a major global hub for electric vehicles (EV), which many stakeholders believe she can be, there has to be appropriate holistic efforts. Srivaru Motors (SVM), a Coimbatore-based EV maker, harbours some holistic plans which, if successful, will not only help establish itself as a major EV industry player but also contribute… Continue reading A new Indian EV maker begins its journey

Enhancing Competitiveness, Safeguarding Viability: Supervisory Board Approves Reorganization Plan

Closure of the tire plant in Aachen at the end of 2021 and of the location for automotive electronics in Karben by the end of 2024, structural adjustments for future prospects in Regensburg, and termination of the joint venture with Osram As things stand, the structural program contains no further comparable structural measures requiring Supervisory… Continue reading Enhancing Competitiveness, Safeguarding Viability: Supervisory Board Approves Reorganization Plan

Volkswagen CEO says will announce important strategic steps this year

By Reuters Staff 3 Min Read FRANKFURT (Reuters) – Volkswagen VOWG_p.DE needs to change to stay relevant in the electric and digital vehicle era and will announce “important steps” to that end before the close of the year, Chief Executive Herbert Diess said on Wednesday. FILE PHOTO: Volkswagen Group Chief Executive Officer Herbert Diess gestures… Continue reading Volkswagen CEO says will announce important strategic steps this year

Ampere Electric unveils new features for its popular e-scooters

Ampere Electric, a wholly-owned electric mobility subsidiary of Greaves Cotto, has come out with new and enhanced products features for its popular electric scooters Reo, Magnus, Zeal and V48. The company claims that these product improvements are aimed at enhancing the overall driving experience and providing more comfort to customers. The new variants are now… Continue reading Ampere Electric unveils new features for its popular e-scooters

SG’s Neuron Mobility raises $12m Series A+ from existing backers

Singapore-headquartered electric scooter startup Neuron Mobility has raised $12 million in a Series A+ funding round co-led by returning Australian venture capital firm Square Peg, and GSR Ventures, according to an announcement. This new round brings the company’s total Series A funding to $30.5 million. Last December, Neuron Mobility raised $18.5 million in its Series… Continue reading SG’s Neuron Mobility raises $12m Series A+ from existing backers

@Renault: FRANÇOIS DOSSA IS APPOINTED SVP, OPEN INNOVATION…000076

Boulogne-Billancourt, September 29, 2020 – Groupe Renault announces that François Dossa is appointed SVP, Open Innovation Projects Director as of October 1st, 2020. He is member of the Renault Management Committee. He is responsible for steering strategic projects, such as the project around a circular economy eco-system in Flins, and the project for making the… Continue reading @Renault: FRANÇOIS DOSSA IS APPOINTED SVP, OPEN INNOVATION…000076

@Toyota: Toyota’s Global Sales in August Recover to Approximately 90% Year-on-Year Sales Recovering at a Faster Pace than Expected

Toyota City, Japan, Sept 29, 2020 – (JCN Newswire) – Toyota Motor Corporation (TMC) announces its sales, production, and export results for August 2020, as well as the cumulative total from January to August 2020, including those for subsidiaries Daihatsu Motor Co., Ltd. and Hino Motors, Ltd., as follows: August 2020 Sales Results Toyota– Worldwide… Continue reading @Toyota: Toyota’s Global Sales in August Recover to Approximately 90% Year-on-Year Sales Recovering at a Faster Pace than Expected

Emissions crunch drives Volkswagen to overhaul its supercar strategy

WOLFSBURG, Germany (Reuters) – Volkswagen VOWG_p.DE is reviewing the future of its high-performance brands Lamborghini, Bugatti and Ducati as part of broader quest for more economies of scale as it shifts to mass producing electric cars, senior executives told Reuters. FILE PHOTO: A Bugatti Chiron sports car is driven on a road near Molsheim, France… Continue reading Emissions crunch drives Volkswagen to overhaul its supercar strategy

@Hyundai: Hyundai Motor Group announces New Horizons Studio

Hyundai Motor Group announces the formation of New Horizons Studio and appointment of innovative leadership from Silicon Valley. New team is focused on the development of Ultimate Mobility Vehicles (UMVs), including the concept vehicle Hyundai Elevate. New Horizons Studio is expected to push the extreme limits of vehicle development, building vehicles to traverse off-road terrains… Continue reading @Hyundai: Hyundai Motor Group announces New Horizons Studio