@GM: GM Releases 10th Annual Sustainability Report Outlining 2019 Progress and Plans for the Future

GM Releases 10th Annual Sustainability Report Outlining 2019 Progress and Plans for the Future 2020-07-16 Pandemic causes no delay in all-electric lineup Significant progress made on COVID-19 mask and ventilator production GM makes commitment to become the most inclusive company in the world and build a safer, more equitable culture DETROIT – General Motors today… Continue reading @GM: GM Releases 10th Annual Sustainability Report Outlining 2019 Progress and Plans for the Future

Car maker: Daimler’s quarterly loss is lower than expected

Mercedes Star Daimler’s loss in the second quarter was lower than expected. (Photo: Reuters) Stuttgart The Car maker Daimler In the second quarter, it performed better on some indicators than it expected from experts. Earnings before interest and taxes (EBIT) across the group were minus 1.68 billion euros. Adjusted EBIT therefore came to minus 708… Continue reading Car maker: Daimler’s quarterly loss is lower than expected

Car maker: Restructuring with obstacles: How Daimler boss Källenius wants to get the group on track

Daimler boss Ola Källenius The manager sees the future of the group in the luxury sector. (Photo: Smetek) Champagne, diamond rings and cases made of precious leather – luxury products are particularly important at Daimler. When CEO Ola Källenius speaks to top managers about the future of the car company these days, the name keeps… Continue reading Car maker: Restructuring with obstacles: How Daimler boss Källenius wants to get the group on track

Interview with Ola Källenius: Daimler boss focuses Mercedes on luxury cars again

Ola Källenius In office since May 2019 – but only now is he tightening the austerity course. (Photo: Verena Müller / laif) Munich, Frankfurt In the middle of the corona crisis sharpens Daimler-Boss Ola Källenius his Strategy and trims the automaker for return. “We want to go back to our core as a manufacturer of… Continue reading Interview with Ola Källenius: Daimler boss focuses Mercedes on luxury cars again

Uber acquires transit software company Routematch

Uber announced Thursday that it has acquired transit software company Routematch. The ride share company said the deal supports Uber’s efforts to expand its suite of transportation technologies for cities. Financial terms of the deal were not disclosed. Founded in 2000, Routematch is known for developing transportation software for public transit agencies. The company’s software… Continue reading Uber acquires transit software company Routematch

@VW Group: 16Jul Italdesign as technology integrator between Volkswagen Group and open market Last example is a project using MEB Platform

Last example is a project using MEB Platform Italdesign is part of the Volkswagen Group since 2010 and has in recent years enriched its portfolio of services for the mobility industry acting as a technology “booster”, creating relationships also between OEMs and the most innovative start-ups. «This role of “facilitator“ between the Volkswagen Group and… Continue reading @VW Group: 16Jul Italdesign as technology integrator between Volkswagen Group and open market Last example is a project using MEB Platform

Subsidies Mean This Electric Car Is Literally Free in Germany

Subsidy Party In an effort to pick up plummeted demand for cars back from the ground, European governments are pumping money back into the industry through subsidies. In fact, Bloomberg reports, Germany is currently subsidizing the vehicles so aggressively that leasing the best-selling five-door Renault Zoe EV is now essentially free. Electric Demand As a result… Continue reading Subsidies Mean This Electric Car Is Literally Free in Germany

@BMW: BMW Group continues to drive electromobility: Long-term supply contract with Northvolt for battery cells from Europe concluded

Munich. The BMW Group is driving the expansion of electromobility and has signed a long-term supply contract worth 2 billion euros for battery cells with the Swedish company Northvolt. The battery cells will be produced in Europe at the Northvolt gigafactory currently under construction in Skellefteå in northern Sweden (series plant Northvolt Ett) from 2024.… Continue reading @BMW: BMW Group continues to drive electromobility: Long-term supply contract with Northvolt for battery cells from Europe concluded

@VW Group: Audi e-tron Is World Market Leader in Its Segment

The Audi e-tron is the worldwide market leader in its segment. The first fully electric series production model from Audi is popular all over the world with customers and media alike. Numerous awards and comparative tests stand testament to this. With the e-tron GT, the Q4 e-tron, and the Q4 e-tron Sportback, Audi is looking… Continue reading @VW Group: Audi e-tron Is World Market Leader in Its Segment

Uber said to have held talks to raise $500m for freight unit

Uber Technologies Inc. is in talks with investors interested in taking a stake in its Uber Freight division, according to people with knowledge of the matter. The San Francisco-based company, led by Dara Khosrowshahi, held discussions to raise $500 million in a funding round that would give its freight business a standalone valuation of about… Continue reading Uber said to have held talks to raise $500m for freight unit