VANCOUVER, BC, LONDON and GLASGOW, Scotland, Nov. 11, 2021 /PRNewswire/ – Ballard Power Systems (NASDAQ: BLDP)(TSX: BDLP), a world leader in the design and manufacturing of PEM fuel cell engines for medium- and heavy-duty vehicles, today announced the acquisition of Arcola Energy, a UK-based systems engineering company specializing in hydrogen fuel cell powertrain and vehicle… Continue reading Ballard Power announces acquisition of Arcola Energy to help customers integrate fuel cell engines into heavy-duty mobility
Tag: Strategy
How Toyota sneakily spreads anti-EV propaganda in Japan
(The following article was sent to us by a concerned Japanese resident who wishes to remain anonymous.) Remember the first electric Toyota RAV4? Probably not. The early attempt at an EV barely had a range of 100 miles and Toyota sold very few of them. Back in 2010, Toyota and Tesla jointly worked on a… Continue reading How Toyota sneakily spreads anti-EV propaganda in Japan
Grab Reports Third Quarter 2021 Results
Gross Merchandise Value (“GMV”) reached a new quarterly record of $4.0 billion, up 32% year-over-year (“YoY”) in spite of a challenging operating environment Deliveries GMV grew 63% YoY; Grab expects a strong recovery in mobility heading into Q4 2021 Average spend per user [1] on Grab’s platform grew 43% YoY to hit a record high… Continue reading Grab Reports Third Quarter 2021 Results
@Daimler: 28. Oct 2021Daimler Truck receives solid investment grade ratings ahead of listing
October 28, 2021 – On its way to the expected listing on the Frankfurt Stock Exchange by the end of this year, Daimler Truck had approached S&P Global Ratings (S&P) and Moody’s Investor Service (Moody’s) for setting up first time credit ratings. Both rating agencies now communicated solid investment grade ratings for Daimler Truck. S&P… Continue reading @Daimler: 28. Oct 2021Daimler Truck receives solid investment grade ratings ahead of listing
@Daimler: 27. Oct 2021Daimler aligns Board responsibilities after Trucks split: Jörg Burzer to join Board of Management
October 27, 2021 – Daimler is aligning the Management Board responsibilities between Daimler AG and Mercedes-Benz AG to enable leaner decision-making in the wake of the separation of Trucks and Buses from Cars and Vans. After synchronizing the Board memberships of Mercedes-Benz AG and Daimler AG, the parent company Daimler is also due to be… Continue reading @Daimler: 27. Oct 2021Daimler aligns Board responsibilities after Trucks split: Jörg Burzer to join Board of Management
Nexteer Automotive Honored with Two CES 2022 Innovation Awards for Steer-by-Wire with Stowable Steering Column and Automated Steering Actuator
AUBURN HILLS, Mich., Nov. 11, 2021 /PRNewswire/ — Nexteer Automotive has been recognized twice as a CES 2022 Innovation Awards Honoree in the “Vehicle Intelligence & Transportation” product category for its Steer-by-Wire (SbW) with Stowable Steering Column and its Automated Steering Actuator. Nexteer’s combination of SbW with Stowable Steering Column reinvents the “behind-the-wheel” experience and opens an… Continue reading Nexteer Automotive Honored with Two CES 2022 Innovation Awards for Steer-by-Wire with Stowable Steering Column and Automated Steering Actuator
@Tata-JLR: Portfolio company Battery Resourcers announces new site expansions to support accelerated growth
With a strategic facility conversion, paired with multiple expansions, the battery material and manufacturing company has increased its processing capacity for battery production Battery Resourcers, a vertically integrated lithium-ion battery recycling and manufacturing company, today announced the opening of two new pilot plants, in addition to the conversion of its current operation in Worcester, Massachusetts, to support… Continue reading @Tata-JLR: Portfolio company Battery Resourcers announces new site expansions to support accelerated growth
@Tata-JLR: Digital Motors Emerges From Pandemic With Record Engagement
A year after launching in response to the pandemic, consumer demand continues to accelerate As the country begins a return to normalcy, Digital Motors, the best-in-class provider of automotive digital retailing software, continues to experience increased engagement across dealerships using its software as a service (SaaS) platform. Despite the ability to again purchase a vehicle in… Continue reading @Tata-JLR: Digital Motors Emerges From Pandemic With Record Engagement
EV start-up Boom Motors launches moto-scooters at Rs 89,999
Start-ups plugging into electric mobility is now mega trend. The latest in India is the Coimbatore-based Boom Motors, which has launched its Corbett 14 (single battery and 100km range) and Corbett 14-EX (dual battery and 200km range) moto-scooters. They are priced at Rs 89,999 and Rs 124,999 respectively. In terms of tech specs, the Corbett… Continue reading EV start-up Boom Motors launches moto-scooters at Rs 89,999
@Hyundai: Kia pledges to become a ‘Sustainable Mobility Solutions Provider’ and unveils roadmap to achieve carbon neutrality by 2045
(Seoul) November 11, 2021 – Kia Corporation has set out its vision to become a truly sustainable, responsible, and innovative mobility solutions leader, announcing a commitment to achieve carbon neutrality by 2045. Kia announced its corporate vision at its ‘Kia Sustainability Movement’ virtual presentation on November 11. Kia’s vision to become a ‘Sustainable Mobility Solutions Provider’ reflects… Continue reading @Hyundai: Kia pledges to become a ‘Sustainable Mobility Solutions Provider’ and unveils roadmap to achieve carbon neutrality by 2045