Production of the ID.4 by Volkswagen VW sales director Klaus Zellmer told the “Münchner Merkur” that the entire VW fleet was to be made CO2-neutral by 2050 at the latest. (Photo: dpa) Frankfurt The car manufacturer VW wants to gradually get out of the business with combustion cars. “In Europe we will exit the business… Continue reading German Handelsblatt: CO2 neutrality: VW wants to say goodbye to combustion cars in Europe by 2035
Tag: Mobility
Toyota chief personally invests $45m in self-driving smart city
NAGOYA — Toyota Motor President Akio Toyoda has invested 5 billion yen ($45.3 million) of his own money into a group unit building a smart city dominated by self-driving vehicles. The investment in Woven Planet Holdings during the last fiscal year ended March was revealed in its annual securities report filed Thursday. Woven is working on cutting-edge… Continue reading Toyota chief personally invests $45m in self-driving smart city
RENAULT GROUP: Renault Group and STMicroelectronics enter strategic cooperation on power electronics
PRESS RELEASE25 June 2021 Renault Group and STMicroelectronics enter strategic cooperation on power electronics Renault Group selects STMicroelectronics as key innovation partner, securing the supply of electric and hybrid vehicle advanced power semiconductors to be produced from 2026. STMicroelectronics will develop custom-made products and solutions to further improve the efficiency of Renault Group’s electric and… Continue reading RENAULT GROUP: Renault Group and STMicroelectronics enter strategic cooperation on power electronics
Veo CEO Candice Xie has a plan for building a sustainable scooter company, and it’s working
‘We are still profitable. Quarter after quarter.’ Rebecca Bellan 10 hours Startups are the embodiment of frenetic action. The rush to grow, outrun, and disrupt runs in the lifeblood of today’s entrepreneurs, driving their fervor and enabling them to capture markets from giants of industries too big to maneuver in a quickly changing landscape. That… Continue reading Veo CEO Candice Xie has a plan for building a sustainable scooter company, and it’s working
Chinese ride-hail giant Didi is reportedly eyeing a $70 billion valuation for its upcoming US IPO
CEO of DiDi Cheng Wei at the D1 launch event in Beijing on November 16, 2020. Xin Yue/Huanqiu.com/VCG via Getty Images Didi Chuxing is set to IPO in the US at a valuation of up to $70 billion, according to the Wall Street Journal. Didi controls much of the Chinese ride-hailing market, after a bruising… Continue reading Chinese ride-hail giant Didi is reportedly eyeing a $70 billion valuation for its upcoming US IPO
Dana Named a Supplier of the Year by General Motors for Driveline and Sealing Solutions
MAUMEE, Ohio, June 25, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) was named a 2020 General Motors’ Supplier of the Year for its driveline technologies and sealing solutions – the two product categories in which the company was eligible. Announced during the 29th annual awards, the 2020 Supplier of the Year Award winners were selected… Continue reading Dana Named a Supplier of the Year by General Motors for Driveline and Sealing Solutions
Didi Chuxing’s mega IPO to boost China listing frenzy in the US
Ride-hailing giant Didi Chuxing’s planned $4 billion New York debut will supercharge Chinese listings in the United States on the back of an all-time high in the first half of the year, despite political sparring between the two countries. A total of 29 initial public offerings (IPOs) by Chinese companies in the United States in the first… Continue reading Didi Chuxing’s mega IPO to boost China listing frenzy in the US
Chinese EV maker Xpeng to list on Hong Kong Stock Exchange …
Chinese electric-vehicle maker Xpeng Inc said on Thursday it was looking to list its common shares on the Hong Kong Stock Exchange as part of a global offering to raise as much as $2 billion. After the proposed listing, Xpeng‘s Class A ordinary shares in Hong Kong will be convertible with its American depositary shares (ADS) that are… Continue reading Chinese EV maker Xpeng to list on Hong Kong Stock Exchange …
@VW Group: More international, electric and digital – ŠKODA AUTO presents its new corporate strategy003351
ŠKODA AUTO CEO Thomas Schäfer explains, “With our new NEXT LEVEL – ŠKODA STRATEGY 2030, we are providing specific answers on how we will successfully steer ŠKODA AUTO through the transformation process and ensure that the company will be in an even stronger position in 2030 than it is today. The brand has incredible potential.… Continue reading @VW Group: More international, electric and digital – ŠKODA AUTO presents its new corporate strategy003351
@VW Group: ŠKODA AUTO Citymove 2.0 app uses artificial intelligence to tailor customer offers and bring more benefits for users003350
Jarmila Plachá, Head of ŠKODA AUTO DigiLab, said: “Our Citymove app is part of the ŠKODA AUTO DigiLab Smart Mobility ecosystem and our main focus is on customers who enjoy the most efficient routes based on their individual preferences and can use additional benefits like parking payments or newly also relevant offers based on their current… Continue reading @VW Group: ŠKODA AUTO Citymove 2.0 app uses artificial intelligence to tailor customer offers and bring more benefits for users003350