Lyft: Lyft To Announce Fourth Quarter 2020 Financial Results

SAN FRANCISCO, Jan. 25, 2021 (GLOBE NEWSWIRE) — Lyft, Inc. (Nasdaq: LYFT) (the “Company” or “Lyft”), today announced that it will release financial results for its fourth fiscal quarter ended December 31, 2020 after the close of the market on Tuesday, February 9, 2021. On the same day, Lyft will host a conference call at… Continue reading Lyft: Lyft To Announce Fourth Quarter 2020 Financial Results

Vietnam’s answer to Tesla has U.S. in its electric sights

By James Pearson, Phuong Nguyen 8 Min Read HAIPHONG, Vietnam (Reuters) – Move over Tesla, how about a VinFast? A labourer works in VinFast’s factory in Hai Phong City, Vietnam, April 22, 2021. Picture taken April 22, 2021. REUTERS/Thanh Hue That’s the proposition being offered by the automobile arm of Vietnam’s largest conglomerate, Vingroup. It’s… Continue reading Vietnam’s answer to Tesla has U.S. in its electric sights

@Hyundai: Kia EV6 redefines boundaries of electric mobility with inspiring design, exhilarating performance and innovative space

EV6 is the symbol of Kia’s new brand and the first BEV built on new dedicated EV platform Choice of multiple zero-emissions powertrain configurations; over 510 kilometers from a single charge 800V ultra-fast charging from 10 to 80 percent in just 18 minutes; 100 kilometers in less than 4.5 minutes EV6 GT accelerates from 0-to-100… Continue reading @Hyundai: Kia EV6 redefines boundaries of electric mobility with inspiring design, exhilarating performance and innovative space

Dana Prices $400 Million Senior Notes Offering

MAUMEE, Ohio, April 29, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) (“Dana”) today announced that it has priced its offering of $400 million aggregate principal amount of 4.250% Senior Notes due 2030.   The company intends to allocate the net proceeds from the offering to finance or refinance, in whole or in part, recently completed or future… Continue reading Dana Prices $400 Million Senior Notes Offering

Bosch sets up JV with China’s Qingling Motors for fuel cells

Bosch is taking the next step to help fuel cells as emission-free drive solutions achieve a global breakthrough. Together with the premium commercial vehicle manufacturer Qingling Motors, the company has now established a joint venture in China, named Bosch Hydrogen Powertrain Systems (Chongqing) Co. The new company will develop, assemble and market fuel cell systems… Continue reading Bosch sets up JV with China’s Qingling Motors for fuel cells

Ola to extend electric drive to cars

Ola Electric, which is busy building a mega factory in Tamil Nadu for its foray into the electric two-wheeler industry, is now gearing up to enter the Indian electric passenger vehicle (PV) segment. From the looks of it, the company aims to gain an early mover advantage in this nascent EV space that just has… Continue reading Ola to extend electric drive to cars

@VW Group: Way to Zero: Volkswagen presents roadmap for climate-neutral mobility002953

At the first Way to Zero Convention, Volkswagen today gave details of its plans for decarbonizing the company and its products. The company intends to be net carbon neutral by 2050 at the latest. A new interim milestone is the targeted 40-percent reduction in CO2 emissions per vehicle in Europe by 2030 – substantially outperforming… Continue reading @VW Group: Way to Zero: Volkswagen presents roadmap for climate-neutral mobility002953

Visteon Announces First-Quarter 2021 Results

• $746 million Q1 net sales; 14% increase Y/Y excluding currency • Net income of $16 million in Q1 or $0.56 per diluted share • Adjusted EBITDA of $64 million, 8.6% of sales • $1.8 billion in new business wins     — First microZone™ display award with large North American OEM     —… Continue reading Visteon Announces First-Quarter 2021 Results

Thursday Morning Auto News, Apr 29, 2021

China’s Baidu to launch paid driverless ride-hailing services in Beijing – Reuters Huawei deepens dive into EVs, seeks control of small automaker- Reuters Volkswagen plans renewable investments in CO2 reduction push – Reuters Ford CEO expects chip shortage impact to bottom in Q2, production rebound in second half of year – CNBC GM makes deals… Continue reading Thursday Morning Auto News, Apr 29, 2021