China Automotive Systems Reports Fourth Quarter and Fiscal Year 2020 Results

WUHAN, China, March 30, 2021 /PRNewswire/ — China Automotive Systems, Inc. (NASDAQ: CAAS) (“CAAS” or the “Company”), a leading power steering components and systems supplier in China, today announced its unaudited financial results for the fourth quarter and the audited results for the fiscal year ended December 31, 2020. Fourth Quarter 2020 Highlights Net sales rose 26.4%… Continue reading China Automotive Systems Reports Fourth Quarter and Fiscal Year 2020 Results

Lexus Accelerates Its Electrified Future With LF-Z Electrified Concept Debut

With an unyielding spirit of innovation and support from buyers around the world, Lexus has continued to evolve as a luxury lifestyle brand. Lexus has delivered amazing product and brand experiences with new technologies and value since 1989. Now, the automotive industry has entered a period of once-in-a-century transformation. In addition to the growing social… Continue reading Lexus Accelerates Its Electrified Future With LF-Z Electrified Concept Debut

Argus Collaborates with Microsoft to Bring End-to-End Automotive Cyber Security Cloud Solution to Vehicle Manufacturers with Microsoft Azure IoT

Argus Cyber Security Suite of Solutions integrated with Microsoft’s Azure IoT platform to provide in-vehicle and off-board monitoring, analysis, and mitigation of cyber attacks from the cloud TEL AVIV, Israel, March 30, 2021 /PRNewswire/ — Argus Cyber Security, a global leader in automotive cyber security, has collaborated with Microsoft Azure IoT and joined the Microsoft… Continue reading Argus Collaborates with Microsoft to Bring End-to-End Automotive Cyber Security Cloud Solution to Vehicle Manufacturers with Microsoft Azure IoT

@BMW: BMW Group steps up sustainable sourcing of lithium for battery cell production to ensure rapid e-mobility expansion001019

Multi-year contract worth around 285 million euros with US company Livent Responsible extraction of lithium in Argentina Participating in study of sustainable lithium extraction in South America Wendt: “Making ourselves technologically, geographically and geopolitically less dependent on individual suppliers” Munich. The BMW Group will be accelerating its expansion of e-mobility in the coming years. By… Continue reading @BMW: BMW Group steps up sustainable sourcing of lithium for battery cell production to ensure rapid e-mobility expansion001019

The Station: Uber’s new battles in the UK, Lucid Motors’ second life plans and Cruise acquires Voyage

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. Hi friends and new readers, welcome to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to Point… Continue reading The Station: Uber’s new battles in the UK, Lucid Motors’ second life plans and Cruise acquires Voyage

@BMW: MINI Plant Oxford and Imperial take another step towards sustainability with new fleet of LNG lorries.001016

A new fleet of lorries powered by liquefied natural gas (LNG) is helping to drive sustainable logistics at MINI Plant Oxford. 18 LNG lorries from Imperial have now hit the road, transporting parts and components from suppliers on 15 different routes across the UK to the home of the MINI brand.LNG lorries have lower fuel… Continue reading @BMW: MINI Plant Oxford and Imperial take another step towards sustainability with new fleet of LNG lorries.001016

The Station: Breaking down TuSimple’s S-1

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. Hi friends and new readers, welcome to The Station. A few items before we jump into the news. Rebecca Bellan, who started writing for TechCrunch earlier this month,… Continue reading The Station: Breaking down TuSimple’s S-1

Buffett-backed Chinese EV maker BYD profit up 162% in 2020

By Reuters Staff 1 Min Read Slideshow ( 2 images ) BEIJING (Reuters) – Chinese electric vehicle maker BYD Co Ltd,, which is backed by billionaire Warren Buffett, on Monday reported a 162% growth in 2020 net profit as it became a major mask maker amid the COVID-19 pandemic. BYD reported 4.23 billion yuan ($643.75… Continue reading Buffett-backed Chinese EV maker BYD profit up 162% in 2020

Sweden’s one-minute city success story

City dwellers across Sweden are replacing parking spaces for pop-up parks, benches, and electric scooter charging points as part of a new “one-minute city” urban mobility experiment. Take the creativity of Minecraft, the modularity of LEGO, and the flexibility of IKEA furniture and you’ve got the concept behind Street Moves, a hyper-local Swedish project that… Continue reading Sweden’s one-minute city success story