WARREN, Mich., Oct. 6, 2021 /PRNewswire/ — Unlocking growth in EVs through the Ultium hardware platform and leadership in software and services through the Ultifi platform Planning to double annual revenues and expand EBIT-adjusted margins to 12 to 14 percent Leading the race to commercialize AVs Launching new businesses to add customers and diversify revenues Increasing… Continue reading @GM: GM Details Plan to Double its Revenue, Drive Even Higher Margins October 6, 2021
Tag: Mobility
@GM: General Motors to Outline Plans for Decade of Growth, Doubling of Annual Revenues by 2030 with Increased Margins October 6, 2021
General Motors to Outline Plans for Decade of Growth, Doubling of Annual Revenues by 2030 with Increased Margins Two-day investor event will detail GM’s innovative approach to growth with transparent key financial metrics, featuring: GM’s dual platform strategy for hardware and software and how it will drive growth New business initiatives and technologies, including next-generation… Continue reading @GM: General Motors to Outline Plans for Decade of Growth, Doubling of Annual Revenues by 2030 with Increased Margins October 6, 2021
@VW Group: Volkswagen gains some 70,000 new customers with best-selling ID.3 in the first year003973
Strong performance of the all-electric Volkswagen ID.3 after its first year in the European market: “The car is an absolute hit. It appeals to customers and has shot from zero to take top positions among new registrations in a large number of countries,” says Klaus Zellmer, Board Member for Sales, Marketing and After Sales at… Continue reading @VW Group: Volkswagen gains some 70,000 new customers with best-selling ID.3 in the first year003973
@BMW: BMW Group invests in innovative technology for efficient and sustainable lithium extraction001507
Munich, Germany- October 06, 2021…The BMW Group is stepping up its expansion of electromobility and will be releasing about ten million fully-electric vehicles onto the roads over the next ten years or so. By 2030, at least half the BMW Group’s global sales are expected to come from fullyelectric vehicles. This will also increase the… Continue reading @BMW: BMW Group invests in innovative technology for efficient and sustainable lithium extraction001507
Kyte Raises $30 Million Series A Funding
With rapid expansion across the country, Kyte is eyeing a future of rental teleoperation and fully autonomous vehicle delivery. Photo: Kyte Kyte has announced a $30 million Series A funding round led by Park West Asset Management and Sterling Road. The on-demand car rental company launched in 2019 and is building infrastructure to support its goal of enabling teleoperation… Continue reading Kyte Raises $30 Million Series A Funding
Wayve, the Lidar-free self-driving startup, raises $13.6M from Ocado
Wayve, a U.K.-based self-driving startup that is notable for its use of deep learning and cameras rather than more-costly Lidar and other sensors to guide vehicles, is gearing up for its next stage of development with a strategic backer in its pocket. Today Ocado — the online grocer that also powers online grocery systems for… Continue reading Wayve, the Lidar-free self-driving startup, raises $13.6M from Ocado
Tesla faces investor test after big jury award over racism
SAN FRANCISCO/BOSTON, Oct 6 (Reuters) – A contract worker has won a $137 million jury award over workplace racism against Tesla Inc (TSLA.O), raising pressure on the electric vehicle maker whose shareholders will vote on Thursday on a proposal to review how it addresses similar complaints for full-time employees. The nonbinding shareholder resolution asks Tesla’s… Continue reading Tesla faces investor test after big jury award over racism
@Daimler: High-end Mercedes-Benz and EV deliveries outperform in challenging environment
Mercedes-Benz Cars deliveries between January and September totalled 1,617,508 (+3.0%) xEV sales (plug-in-hybrids and all-electric cars) between January and September at 184,369 (+142.7%) In spite of robust global demand and a healthy order intake, Mercedes-Benz deliveries were significantly restricted by the ongoing semiconductor shortage World-wide Q3 sales of Mercedes-Benz Cars at 434,784 (-30.5%) Worldwide sales… Continue reading @Daimler: High-end Mercedes-Benz and EV deliveries outperform in challenging environment
Omega Seiki partners Exicom for its li-ion batteries
Omega Seiki Mobility (OSM) has partnered Exicom Tele-systems for lithium-ion batteries for its range of electric L5 cargo vehicles. Under the partnership, Exicom will supply its recently launched 10.8 kW fixed batteries that will provide a range of 120km on full charge and added features of real-time battery analytics, long lifecycle, environment protection and rugged design.… Continue reading Omega Seiki partners Exicom for its li-ion batteries
@niche: Sono Motors Presents Light Electric Vehicle ARI Motors Prototype With Solar Integration at the Intersolar Exhibition001287
First Light Electric Vehicle Prototype From ARI Motors With Solar Integration Premieres at the Intersolar Exhibition From 6-8 October in Munich The Solar Integration on the Cargo Box of the Prototype Will Be Providing up to 450 Watts Peak, Enabling a Range Extension of 20 KM on Average per Day Another Premiere: Sono Motors Signs… Continue reading @niche: Sono Motors Presents Light Electric Vehicle ARI Motors Prototype With Solar Integration at the Intersolar Exhibition001287