MG Motor, Tata Power install superfast EV charging station in Chennai

Rapidly advancing the EV infrastructure in India, MG Motor and Tata Power have deployed a 50 kW Superfast public EV charging station in Chennai.  The deployment is in line with MG’s vision to enhance the national EV charging ecosystem with 50 kW and 60 kW DC superfast charging stations. MG along with its partners has… Continue reading MG Motor, Tata Power install superfast EV charging station in Chennai

China guides its self-driving startups into the fast lane

HONG KONG/ PALO ALTO, U.S. — When AutoX said in December that it had become the first Chinese company to test fully self-driving vehicles on open roads in the country, the result took a back seat to the fact that the test took place at all. The boast of 4-year-old Auto X about its test… Continue reading China guides its self-driving startups into the fast lane

India: Maruti Suzuki, IIM Bangalore to jointly mentor 26 startups

Maruti Suzuki India Limited and the Indian Institute of Management Bangalore (IIMB) will jointly nurture and mentor 26 startups in the mobility sector through up to a nine-month long incubation program. The two organisation said the selected startups will undergo a three-month pre-incubation journey during which they will be engaged in various peer-to-peer learning activities… Continue reading India: Maruti Suzuki, IIM Bangalore to jointly mentor 26 startups

Sterling and Wilson forms JV with Enel X to foray into electric mobility segment in India

New Delhi: Sterling and Wilson Pvt Ltd (SWPL), a Shapoorji Pallonji Group company on Friday announced its entry into the electric mobility segment in India. SWPL has signed a 50-50 joint venture (JV) with Enel X, a subsidiary of Enel Group to launch and create electric charging infrastructure in the Indian sub-continent, the companies said… Continue reading Sterling and Wilson forms JV with Enel X to foray into electric mobility segment in India

Start of Production in Debrecen, Hungary: Vitesco Technologies Further Expands Global Presence

Innovative overmolding technology makes lighter and more robust transmission control units LEED certificate: Highest standards in terms of sustainability Andreas Wolf, CEO: “We are systematically aligning our company to the growth market of electronics and electrification”   Debrecen (Hungary). February 26, 2021. After just two years of construction, the newest Vitesco Technologies plant in Debrecen,… Continue reading Start of Production in Debrecen, Hungary: Vitesco Technologies Further Expands Global Presence

@Li Auto: Li Auto Inc. Announces Unaudited Fourth Quarter and Full Year 2020 Financial Results

Quarterly total revenues reached RMB4.15 billion (US$635.5 million)1Quarterly deliveries were 14,464 vehiclesQuarterly gross margin reached 17.5%Full year total revenues reached RMB9.46 billion (US$1.45 billion)Full year deliveries were 32,624 vehiclesFull year gross margin reached 16.4%BEIJING, China, Feb. 25, 2021 (GLOBE NEWSWIRE) — Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI), an innovator in China’s… Continue reading @Li Auto: Li Auto Inc. Announces Unaudited Fourth Quarter and Full Year 2020 Financial Results

@Nissan: 2021/02/26 Nissan’s 100% electric motor-driven e-POWER technology reaches global milestone …000241

2021/02/26 YOKOHAMA, Japan – Nissan today announced a breakthrough in engine efficiency, reaching 50% thermal efficiency with its in-development, next generation e-POWER system. Nissan’s e-POWER system utilizes an on-board gasoline engine to provide electrical energy to the e-powertrain battery pack. Nissan’s latest approach to engine development has raised the bar to world-leading levels, accelerating past… Continue reading @Nissan: 2021/02/26 Nissan’s 100% electric motor-driven e-POWER technology reaches global milestone …000241

Kia shares rise after report says still scope for Apple partnership

By Reuters Staff 1 Min Read Slideshow ( 2 images ) SEOUL (Reuters) – Shares in automaker Kia Corp rose more than 4% on Friday after a South Korean online news site reported on the remaining potential for a partnership with Apple Inc. Apple and Kia signed a memorandum of understanding (MOU) last year and… Continue reading Kia shares rise after report says still scope for Apple partnership

@Toyota: Toyota Tsusho Strengthens Collaboration with TOYOTA Connected toward Expansion of Connected Service Business in Middle East Region- Increasing investment in TOYOTA Connected Middle East FZCO, a company which undertakes business in connected services –

Toyota Tsusho Corporation (“Toyota Tsusho”) announced today that it has invested in TOYOTA Connected Middle East FZCO (“TCME”)–a company which undertakes business in connected services for mobility in the Middle East region–through receipt of allocated third party shares. Toyota Tsusho has acquired 51% of TCME’s shares with an additional investment of approximately 250 million JPY.… Continue reading @Toyota: Toyota Tsusho Strengthens Collaboration with TOYOTA Connected toward Expansion of Connected Service Business in Middle East Region- Increasing investment in TOYOTA Connected Middle East FZCO, a company which undertakes business in connected services –

@Toyota: Toyota Mobility Foundation Designates First Mobility Pilot Technologies and Collaborators for Indiana Future Mobility District Initiative

May Mobility and Udelv selected to provide autonomous shuttle and advanced contactless delivery vehicle services respectively within the Indiana Future Mobility District initiative INDIANAPOLIS, Ind. (Feb. 25, 2021) — Today, the Toyota Mobility Foundation (TMF) and Energy Systems Network (ESN) designates May Mobility and Udelv as the first two deployments of the Future Mobility District… Continue reading @Toyota: Toyota Mobility Foundation Designates First Mobility Pilot Technologies and Collaborators for Indiana Future Mobility District Initiative