Meritor Reports First-Quarter Fiscal Year 2022 Results

TROY, Mich., Feb. 3, 2022 /PRNewswire/ — Meritor, Inc. (NYSE: MTOR) today reported financial results for its first fiscal quarter that ended December 31, 2021. First-Quarter Highlights Sales of $984 million Net income attributable to Meritor and net income from continuing operations attributable to Meritor of $54 million Diluted earnings per share from continuing operations of… Continue reading Meritor Reports First-Quarter Fiscal Year 2022 Results

@Tata-JLR: JAGUAR LAND ROVER AND BNP PARIBAS ANNOUNCE AN EXCLUSIVE STRATEGIC PARTNERSHIP IN MOBILITY FINANCING IN EUROPE

About Jaguar Land Rover: Reimagining the future of modern luxury by design  Jaguar Land Rover is reimagining the future of modern luxury by design through its two distinct, British brands. Our current model range embraces fully electric, plug-in hybrid and mild-hybrid vehicles, as well as the latest diesel and petrol engines. Our class-leading Jaguars and… Continue reading @Tata-JLR: JAGUAR LAND ROVER AND BNP PARIBAS ANNOUNCE AN EXCLUSIVE STRATEGIC PARTNERSHIP IN MOBILITY FINANCING IN EUROPE

@Hyundai: Kia announces January 2022 global sales results

January global sales at 212,819 units, down 5.7% y/y Sales in Korea recorded 37,038 units, down 10.7% y/y Sales outside of Korea recorded 175,781 units, down 4.6% y/y Kia to accelerate transition to sustainable mobility solutions provider and create sales momentum through new models such as EV6 and all-new Niro Kia Corporation recorded total global… Continue reading @Hyundai: Kia announces January 2022 global sales results

An electric future: Will Budget 2022 signal the dawn of battery swapping or stifle innovation?

By Ashwin ShankarIt is now clear that the future of mobility in India over the next decade is going to be defined by the electrification of personal, public and commercial transport. The sales of EVs over the last year seem to indicate this as there is over 5x growth in the annual sales of electric… Continue reading An electric future: Will Budget 2022 signal the dawn of battery swapping or stifle innovation?

@Ford: Strategic Progress of Ford+ Growth Plan, Solid Financials in ’21 Position Company for Connected EV Leadership in 2022, Beyond

About Ford Motor Company Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is free to move and pursue their dreams.  The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with… Continue reading @Ford: Strategic Progress of Ford+ Growth Plan, Solid Financials in ’21 Position Company for Connected EV Leadership in 2022, Beyond

Nissan LEAF earns $4,200 in Fermata Energy V2X pilot

Vehicle-to-everything (V2X) fans tout bidirectional charging as a way for fleets (or perhaps even individuals) to generate income and defray the cost of going electric. Now Fermata Energy has announced the results of a summer-long pilot project in which a customer-owned EV earned over $4,200 by participating in a utility demand response (DR) program. In… Continue reading Nissan LEAF earns $4,200 in Fermata Energy V2X pilot

Lesjöfors Heavy Springs UK sharpens the focus on a rapidly growing market

Lesjöfors is launching a new company, rebranding its two former European Springs & Pressings factories in Cornwall. The factories will now form a new company called Lesjöfors Heavy Springs UK. The rebrand is part of a new division, focusing on growth and significant investment in the heavy springs sector across the synergised specialisms, product range… Continue reading Lesjöfors Heavy Springs UK sharpens the focus on a rapidly growing market

Bosch Announces New Automotive Workshop Franchise in the U.S.

OAK BROOK, Ill., Feb. 3, 2022 /PRNewswire/ — Bosch, a leading global supplier of technology and services, today announced that it will implement a new Bosch branded, automotive workshop franchise in the U.S. This workshop franchise will create a stronger link between the technical competence of Bosch in the OE sector and the enabling of workshops… Continue reading Bosch Announces New Automotive Workshop Franchise in the U.S.

Mercedes-Benz CEO says raw material scarcity could delay e-mobility – Die Zeit – Reuters

Ola Kaellenius, chairman of Daimler AG attends the presentation of the new Mercedes-Benz S-Class at the Daimler production plant in Sindelfingen near Stuttgart, Germany, September 2, 2020. REUTERS/Ralph Orlowski Feb 2 (Reuters) – Scarce supply of raw materials for electric cars could slow the transition from fossil-fuel burning vehicles to electric ones, Mercedes-Benz (DAIGn.DE) Chief… Continue reading Mercedes-Benz CEO says raw material scarcity could delay e-mobility – Die Zeit – Reuters

Autonomous vehicles need stricter rules -U.S. safety group, labor unions

WASHINGTON, Feb 2 (Reuters) – U.S. labor unions and a consumer safety advocate on Wednesday urged the Biden administration to add more safeguards to ensure autonomous vehicles are safe before being deployed in wide numbers on U.S. roads. Lawmakers at a U.S. House Transportation and Infrastructure subcommittee hearing raised concerns about self-driving vehicles but also… Continue reading Autonomous vehicles need stricter rules -U.S. safety group, labor unions