With the Green Finance Framework (GFF), the Volkswagen Group today presented further guidelines for sustainable financial instruments. In future, it will therefore be possible for investors to invest in a targeted fashion in sustainability projects of the Volkswagen Group such as e-mobility. A new corporate body, the Green Finance Committee, will select appropriate projects and… Continue reading @VW Group: Volkswagen presents Green Finance Framework
Tag: Mobility
@Groupe PSA: Fondation PSA and Avise move up a gear to support the creation of new social garages in France’s regions
Fondation PSA and Avise move up a gear to support the creation of new social garages in France’s regions Launch of a program bringing together regional stakeholders to create the right conditions for creating new social garages A program developed jointly with Fabrique à Initiatives project generators – support structures for social entrepreneurship Five areas… Continue reading @Groupe PSA: Fondation PSA and Avise move up a gear to support the creation of new social garages in France’s regions
@BMW: BMW Group Plant Dingolfing tests fully connected logistics
Dingolfing. Autonomous, connected and intelligent: As part of a three-year research project supported by the Bavarian Ministry of Economic Affairs, Regional Development and Energy, the BMW Group and three partner companies from Bavaria are exploring the possibilities for making BMW Group Plant Dingolfing a smart factory for logistics. The “Autonomous and Connected Logistics” research project… Continue reading @BMW: BMW Group Plant Dingolfing tests fully connected logistics
NIO Announces US$235 Million Private Placements of Short-term Convertible Notes
SHANGHAI, China, March 05, 2020 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NIO), a pioneer in China’s premium electric vehicle market, today announced that it has entered into definitive transaction documents with several unaffiliated Asia-based investment funds (the “Purchasers”), pursuant to which NIO will issue and sell convertible notes in an aggregate principal… Continue reading NIO Announces US$235 Million Private Placements of Short-term Convertible Notes
Cox Automotive UK acquires Bruntingthorpe operator C Walton Ltd
Cox Automotive UK has completed the acquisition of vehicle services provider and Bruntingthorpe operator C Walton Ltd, expanding its whole-life vehicle services offering with its biggest UK acquisition to date. The deal sees Cox acquire 100% of the share capital of C Walton Ltd (CWL), including its three locations in Bruntingthorpe (Leicestershire), Wyton (Cambridgeshire) and… Continue reading Cox Automotive UK acquires Bruntingthorpe operator C Walton Ltd
Goodyear Partners with Lexus to Shape the Future of Electric Mobility
BRUSSELS, March 5th, 2020 – Representing Lexus’ bold new vision of vehicle electrification, the Lexus LF-30 Electrified concept celebrates the brand’s 30th anniversary and is designed to promise a dynamic driving experience like no other. This unique concept vehicle was originally presented sitting on four bespoke Goodyear concept tires at the 2019 Tokyo Motor Show.… Continue reading Goodyear Partners with Lexus to Shape the Future of Electric Mobility
FoamPartner collaborates with Rinspeed for acoustic and thermal insulation in concept car – British Plastics and Rubber
FoamPartner has delivered foam know-how for acoustic and thermal insulation in Rinspeed’s new MetroSnap concept car. The main components of the concept car are a ‘skateboard’ chassis and a quick-change superstructure for passenger and cargo transportation. The vehicles also has a composite and steel body, 3D printed components, lidar sensors, and a drive-by-wire system. Frank… Continue reading FoamPartner collaborates with Rinspeed for acoustic and thermal insulation in concept car – British Plastics and Rubber
@BMW: The sound of the BMW Concept i4.
Munich. The character of the Concept i4 is not only a product of its design, but also of its visionary sound profile. Hans Zimmer composed the sound of the BMW Concept i4 together with BMW sound designer Renzo Vitale under the brand name BMW IconicSounds Electric. BMW IconicSounds Electric will imbue BMW’s electric models with… Continue reading @BMW: The sound of the BMW Concept i4.
Ex-Waymo engineer Levandowski ordered to pay Google $179 million
Sponsored Links Waymo A court has ordered Anthony Levandowski to pay Google $179 million to end a contract dispute. He was once one of Google’s most prized talents as someone who helped pioneer its work on self-driving vehicles. However, their relationship turned sour after he left the tech giant, which then accused him of poaching… Continue reading Ex-Waymo engineer Levandowski ordered to pay Google $179 million
Continental Achieves Adjusted Annual Targets in 2019 and Focuses on a Healthy Mobility Ecosystem
Sales up slightly at €44.5 billion (2018: €44.4 billion) Market growth: about -6 percent; organic sales growth: -2.6 percent Adjusted operating result: €3.2 billion (2018: €4.1 billion); adjusted EBIT margin 7.4 percent (2018: 9.3 percent) Operating result (-€268 million) and net income (-€1.2 billion) negative due to non-cash write-downs already reported Free cash flow before acquisitions and carve-out effects: €1.3 billion (2018: €1.9 billion) Proposed dividend:… Continue reading Continental Achieves Adjusted Annual Targets in 2019 and Focuses on a Healthy Mobility Ecosystem