“We look forward to seeing more EVs on the road right away.” Uber x Tesla Rental car company Hertz announced on Monday that it was ordering 100,000 Tesla Model 3s, a colossal commission that sent shares of the Elon Musk-led company soaring. And ride-hailing giant Uber is getting in on the fun. In turn, the… Continue reading Uber Announces It Will Roll Out 50,000 Teslas to Its Drivers
Tag: Mobility
XPENG Flagship P7 Smart Electric Sedan Debuts in Norway
Retail prices start from NOK 447.820,- for the P7 RWD version, and NOK 507.820,- for the 4WD version. P7 Wing edition, a broadly recognized model for its unique scissor-wing door design, is available in limited stock. Customers in Norway can order an exclusive P7 Wing (4WD) starting at NOK 599,900. Unrivaled performance with features tailored… Continue reading XPENG Flagship P7 Smart Electric Sedan Debuts in Norway
Daimler aligns Board responsibilities after Trucks split: Jörg Burzer to join Board of Management
STUTTGART, Germany, Oct. 27, 2021 /PRNewswire/ — Daimler AG to enable leaner decision-making by aligning Management Board responsibilities with Mercedes-Benz AG Jörg Burzer, Member of the Board of Management of Mercedes-Benz AG for Production and Supply Chain Management, to also join Board of Management of Daimler AG Bernd Pischetsrieder: “Jörg Burzer has played a decisive… Continue reading Daimler aligns Board responsibilities after Trucks split: Jörg Burzer to join Board of Management
Uber aims for 50,000 Teslas on its platform by 2023
Uber is acquiring 50,000 Tesla vehicles to rent to its drivers as part of an ambitious plan to electrify its fleet in the US by 2030. The ride-hailing company is working with rental car company Hertz, which announced yesterday that it had ordered 100,000 Teslas. The move comes as car companies and transportation providers around… Continue reading Uber aims for 50,000 Teslas on its platform by 2023
Lyft Releases Safety Report
Over 99% of Lyft rides had no reported safety incidents, the study reports. Photo via www.quotecatalog.com/Flicker Between 2017 and 2019, Lyft received reports of over 4,000 instances of sexual assault on its ride-hailing platform, according to data in the company’s safety report. The incidents were reported directly to Lyft, brought to attention through law enforcement, or identified… Continue reading Lyft Releases Safety Report
Pioneering work in the automotive IT jungle
Mobility Solutions is the largest Bosch Group business sector. It generated sales of 42.1 billion euros in 2020, and thus contributed 59 percent of total sales from operations. This makes the Bosch Group one of the leading automotive suppliers. The Mobility Solutions business sector pursues a vision of mobility that is safe, sustainable, and exciting,… Continue reading Pioneering work in the automotive IT jungle
Dana Incorporated to Announce 2021 Third-quarter Financial Results, Host Conference Call and Webcast on October 26
MAUMEE, Ohio, Oct. 14, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) will release its 2021 third-quarter financial results on Tuesday, Oct. 26, 2021. A press release will be issued at approximately 7 a.m. EDT, followed by a conference call and webcast at 9 a.m. EDT. Members of the company’s senior management team will be available… Continue reading Dana Incorporated to Announce 2021 Third-quarter Financial Results, Host Conference Call and Webcast on October 26
Dana Incorporated Reports 2021 Third-quarter Financial Results
MAUMEE, Ohio, Oct. 26, 2021 /PRNewswire/ — Dana Incorporated logo. (PRNewsFoto/Dana Incorporated) Key Highlights Sales of $2.2 billion Net income attributable to Dana of $48 million Diluted EPS of $0.33 Adjusted EBITDA of $210 million Diluted adjusted EPS of $0.41 Hosted Capital Markets Day focused on electrification technology Announced over a dozen significant new EV… Continue reading Dana Incorporated Reports 2021 Third-quarter Financial Results
Dana Announces Termination of Agreement to Acquire Portion of Light-Vehicle Thermal Business from Modine Manufacturing Company
MAUMEE, Ohio, Oct. 25, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today a mutual agreement with Modine Manufacturing Company (NYSE: MOD) to terminate Dana’s agreement to acquire a portion of Modine’s automotive thermal-management business for one dollar with the assumption of certain financial liabilities. Both companies had been actively engaged in the regulatory review… Continue reading Dana Announces Termination of Agreement to Acquire Portion of Light-Vehicle Thermal Business from Modine Manufacturing Company
BorgWarner to Supply Electric Motors for New Electric Truck
AUBURN HILLS, Mich., Oct. 26, 2021 /PRNewswire/ — BorgWarner is boosting its leadership position in commercial vehicle electrification with a German OEM’s selection of its HVH250 (High Voltage Hairpin) electric motors to power a heavy-duty truck model. Trucks are targeted to be equipped with two HVH motors per axle, each with industry-leading peak power of… Continue reading BorgWarner to Supply Electric Motors for New Electric Truck