A XPeng Inc. G6 electric sport utility vehicle (SUV). Qilai Shen | Bloomberg | Getty Images Xpeng expects cost cuts and its Volkswagen partnership to narrow the firm’s losses, the Chinese EV maker told CNBC in an exclusive interview on Monday. On Friday, the firm logged its biggest quarterly loss since its U.S. listing in… Continue reading Chinese EV maker Xpeng expects cost cuts, Volkswagen deal to narrow losses
Tag: Financial Results
NHTSA opens investigation into Ford Mustang Mach-E recall
Washington — Federal regulators have opened an investigation into Ford Motor Co.’s recall of nearly 49,000 Ford Mustang Mach-E vehicles last year. The National Highway Traffic Safety Administration said Monday it is looking into Ford’s handling of the recall after receiving 12 complaints from car owners who said their vehicle was recalled and fixed but… Continue reading NHTSA opens investigation into Ford Mustang Mach-E recall
Looking for a new car under $20,000? Good luck. Your choice has dwindled to just one vehicle
Detroit — Just five years ago, a price-conscious auto shopper in the United States could choose from among a dozen new small cars selling for under $20,000. Now, there’s just one: The Mitsubishi Mirage. And even the Mirage appears headed for the scrap yard. At a time when Americans increasingly want pricey SUVs and trucks… Continue reading Looking for a new car under $20,000? Good luck. Your choice has dwindled to just one vehicle
Electric Boats Market worth $7.7 billion by 2030 – Exclusive Report by MarketsandMarkets™
CHICAGO, Aug. 18, 2023 /PRNewswire/ — The Electric Boats Market size is projected to grow from USD 3.3 billion in 2023 to USD 7.7 billion by 2030, at a CAGR of 13.0% from 2023 to 2030 according to a new report by MarketsandMarkets™. The increase in need for sustainable recreational boating solutions is driving growth in… Continue reading Electric Boats Market worth $7.7 billion by 2030 – Exclusive Report by MarketsandMarkets™
Gamers8: Games industry giants gather in Riyadh to shape the future of the sector at the Next World Forum
The Next World Forum takes place at the Four Seasons Hotel Riyadh, August 30-31, discussing a range of topics, including the esports economy and developments in AI Speakers in 2022 included Embracer Group, Savvy Games Group, and the IOCs Head of Virtual Sport and Gaming The innovative Gamers8 Club Awards will hold a prize ceremony,… Continue reading Gamers8: Games industry giants gather in Riyadh to shape the future of the sector at the Next World Forum
TraceGains Reports Remarkable Q2 Performance with Strong Revenue Bookings Growth
Leading Supply Chain Solutions Provider Surges Ahead Despite the Challenging Global Economy WESTMINSTER, Colo., Aug. 17, 2023 /PRNewswire/ — TraceGains, the world’s only networked ingredients marketplace, today announced an impressive 24% YoY increase in revenue bookings for Q2. The increase represents a 7% quarterly growth over the company’s record-breaking Q1 performance, fueled by customer demand for… Continue reading TraceGains Reports Remarkable Q2 Performance with Strong Revenue Bookings Growth
Be ahead of the EV charging game: Location strategy for optimizing charger utilization (Webinar)
The arrival of alternative energy vehicles represents the biggest disruption to the fuel market in many years. For EV charging operators, this represents an opportunity to capture an untapped market potential that is destined to grow on a massive scale. Simultaneously, for gas stations owners, convenience stores and retailers alike, it is a matter of… Continue reading Be ahead of the EV charging game: Location strategy for optimizing charger utilization (Webinar)
GoMechanic aims for revival after its acquisition by team led by Lifelong Group
Updated On Aug 21, 2023 at 07:43 PM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals GoMechanic has also relaunched its Car Accessories across online-offline channels on Amazon, Flipkart, and Cred Plus, and through distributors in the offline market, ensuring a seamless shopping experience for customers. New Delhi: GoMechanic, an automotive service… Continue reading GoMechanic aims for revival after its acquisition by team led by Lifelong Group
Autoliv Declares Quarterly Dividend
(Stockholm, Sweden, August 21, 2023) – Autoliv, Inc. (NYSE: ALV and SSE: ALIV.sdb), the worldwide leader in automotive safety systems, today announced that its Board of Directors has declared a quarterly dividend of 66 cents for the third quarter of 2023. The dividend will be payable on Friday, September 22, 2023 to Autoliv shareholders of record… Continue reading Autoliv Declares Quarterly Dividend
@BMW: BMW M Motorsport News, 21st August 2023002922
Björn Lellmann, Head of Customer Racing at BMW M Motorsport: “After yet another fantastic weekend of racing, I am delighted to congratulate our BMW M Motorsport teams and drivers on wins with all our cars. Samantha Tan Racing recorded a first class win in the GT World Challenge America with the BMW M4 GT3 and… Continue reading @BMW: BMW M Motorsport News, 21st August 2023002922