Israel-based REE Automotive, which recently announced its merger with 10X Capital Venture Acquisition to go public, has announced setting up of a new state-of-the-art Engineering Centre of Excellence in MIRA Technology Park in the UK. The new centre will expedite REE’s strategic plans to meet anticipated global demand for its REEcorner and electric vehicle (EV)… Continue reading REE Automotive to set up engineering centre at UK’s MIRA Technology Park
Tag: Mobility
Autoliv Announces New Inflator Manufacturing Plant in India
BANGALORE, India, Feb. 16, 2021 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, announced its plan to build a new inflator manufacturing plant in India, focused toward supporting its strong Indian market position. This is the latest development in Autoliv’s long commitment to the Indian market through… Continue reading Autoliv Announces New Inflator Manufacturing Plant in India
Ampere Electric to invest Rs 700 crore in new EV plant in Tamil Nadu
The state of Tamil Nadu is on a roll when it comes to investment in electric mobility. Ampere Electric, the wholly owned electric mobility subsidiary of Greaves Cotton, is the latest to do so. The company has announced a phased investment of Rs 700 crore over 10 years to set up a world-class electric mobility manufacturing… Continue reading Ampere Electric to invest Rs 700 crore in new EV plant in Tamil Nadu
Trafi takes its mobility-as-a-service platform to LatAm, starting with Bogota
Trafi, the Lithuanian startup that created a platform that lets users plan, book and pay for various modes of transportation within a city, is expanding beyond the European market where it got its start to tackle one of the most congested urban areas in the world. The company said it has reached an agreement to… Continue reading Trafi takes its mobility-as-a-service platform to LatAm, starting with Bogota
@VW Group: Intelligent, connected, Nardò.002427
“Test in three, two, one seconds,” says the voice from the radio. As soon as the countdown ends, a silver Porsche Cayenne immediately springs into action. But Mario Toledo, Test Engineer at Porsche Engineering, has neither his hands on the wheel nor his feet on the pedals. Instead, a driving robot is in command and… Continue reading @VW Group: Intelligent, connected, Nardò.002427
@VW Group: 2020: the SEAT company consolidates its software development centre and launches a mobility platform002427
The company is committed to digital transformation through SEAT:CODE and creates digital solutions Go to Source
Financial information for the year ended December 31, 2020
Financial information for the year ended December 31, 2020 In 2020, the Group focused sharply on protecting its employees and maintaining business continuity, while supporting its host communities. With the steep drop in markets over the year, SOI* came to €1,878 million, a 37% decline that reflected: the Covid-19 crisis, which led to a €1,703 million decrease… Continue reading Financial information for the year ended December 31, 2020
German Handelsblatt: New CO2 model: Volkswagen increases prices – except for electric cars001304
Volkswagen logistics car park The next price increase at the Wolfsburg-based car manufacturer is due at the beginning of March. (Photo: dpa) Düsseldorf The January result was miserable: the Volkswagen Passenger Cars brand sold just 34,000 cars in Germany in January, a decrease of 30 percent compared to the same month last year. Nevertheless, the… Continue reading German Handelsblatt: New CO2 model: Volkswagen increases prices – except for electric cars001304
@Daimler: “Upgrade your comfort zone”: Digital World Premiere of the new C-Class on Mercedes me media
Sporty, emotional, efficient, and intelligent: the new Mercedes-Benz C-Class Stuttgart. “Upgrade your comfort zone” – Mercedes-Benz will reveal the new C-Class under this claim in a digital world premiere on the Mercedes me media platform on Tuesday, February 23rd, 2021 at 2:00 p.m. (CET). Markus Schäfer (Member of the Board of Management of Daimler AG… Continue reading @Daimler: “Upgrade your comfort zone”: Digital World Premiere of the new C-Class on Mercedes me media
BorgWarner Agrees to Acquire AKASOL AG, Seeking to Expand Electrification Portfolio
AUBURN HILLS, Mich. and DARMSTADT, Germany, Feb. 15, 2021 /PRNewswire/ — BorgWarner Inc. (NYSE: BWA) and AKASOL AG (ETR: ASL) today announced that they have signed a Business Combination Agreement (“BCA”) to position BorgWarner to significantly expand its commercial vehicle electrification capabilities. As part of the agreement, a wholly-owned subsidiary of BorgWarner will launch a… Continue reading BorgWarner Agrees to Acquire AKASOL AG, Seeking to Expand Electrification Portfolio