China Evergrande’s electric car unit warned on Friday it faced an uncertain future unless it got a swift injection of cash, the clearest sign yet that the property developer’s liquidity crisis is worsening in other parts of its business. Evergrande owes $305 billion, has run short of cash and investors are worried a collapse could… Continue reading Evergrande misses payment deadline on bond, EV unit warns of cash crunch
Tag: Strategy
@GM: All-New 2022 Chevy Silverado ZR2 is Race-Proven
All-New 2022 Chevy Silverado ZR2 is Race-Proven Preproduction truck driven by Chad Hall competes in Best In The Desert off-road racing series to validate off-road performance 2021-09-24 LAUGHLIN, Nev. – The first-ever Silverado ZR2, Chevy’s flagship off-road truck, makes its official racing debut in the Best In The Desert King Shocks Laughlin Desert Classic, but… Continue reading @GM: All-New 2022 Chevy Silverado ZR2 is Race-Proven
@GM: GM Invests $300 Million in Momenta to Deliver Next-Generation Self-Driving Technologies in China
GM Invests $300 Million in Momenta to Deliver Next-Generation Self-Driving Technologies in China 2021-09-23 SHANGHAI – General Motors announced today it will invest $300 million in Momenta to accelerate the development of next-generation self-driving technologies for future GM vehicles in China. “Customers in China are embracing electrification and advanced self-driving technology faster than anywhere else… Continue reading @GM: GM Invests $300 Million in Momenta to Deliver Next-Generation Self-Driving Technologies in China
@GM: GM Names David Strickland VP, Global Regulatory Affairs
GM Names David Strickland VP, Global Regulatory Affairs 2021-09-22 DETROIT – General Motors today named David L. Strickland as vice president, Global Regulatory Affairs, effective Oct. 1. Strickland will report to Omar Vargas, GM vice president and head of Global Public Policy. Strickland is currently the staff director of the U.S. Senate Committee on Commerce,… Continue reading @GM: GM Names David Strickland VP, Global Regulatory Affairs
@GM: General Motors and Amazon Team Up to Offer OnStar Emergency Service at Home
General Motors and Amazon Team Up to Offer OnStar Emergency Service at Home New feature, the OnStar Guardian skill for Amazon Alexa, gives customers access to OnStar’s Emergency-Certified Advisors at home through Alexa-enabled devices 2021-09-22 DETROIT – General Motors and Amazon today announced plans to introduce the OnStar Guardian skill for Amazon Alexa1, a new… Continue reading @GM: General Motors and Amazon Team Up to Offer OnStar Emergency Service at Home
@VW Group: Sustainability, top employer, and premium quality: AUDI AG board members visit the San José Chiapa plant003886
Audi México was visited by three members of the Board of Management of AUDI AG. The reason for their visit to San José Chiapa was to meet the employees responsible for the smooth operation of the factory, which represents a valuable member of the Audi Group’s production network. Audi México is a benchmark in the… Continue reading @VW Group: Sustainability, top employer, and premium quality: AUDI AG board members visit the San José Chiapa plant003886
@Groupe PSA: PR Stellantis and TotalEnergies welcome Mercedes-Benz as a new partner of Automotive Cells Company (ACC) and raise its capacity plan to at least 120 GWh by 2030002530
Paris, 24 September 2021 – Stellantis, TotalEnergies and Mercedes-Benz have entered into agreements to welcome Mercedes-Benz as a new partner of Automotive Cells Company (ACC). Following its entry, the partners commit to increase ACC’s industrial capacity to at least 120 GWh by 2030. The transaction is subject to agreement on definitive documentation and customary closing… Continue reading @Groupe PSA: PR Stellantis and TotalEnergies welcome Mercedes-Benz as a new partner of Automotive Cells Company (ACC) and raise its capacity plan to at least 120 GWh by 2030002530
Kongsberg Automotive revises FY 2021 targets
Thu, Sep 23, 2021 20:20 CET Kongsberg Automotive FY 2021 financial guidance revised to account for further semiconductor shortages and related developments in the automotive market. Zurich, September 24, 2021: In light of recent developments in the automotive sector, Kongsberg Automotive’s board of directors has approved new guidance for the company. The company expects a… Continue reading Kongsberg Automotive revises FY 2021 targets
ALYI Electric Vehicles, Ecosystems, Cryptocurrency, and Global Brand Names All-In-One
DALLAS, Sept. 24, 2021 /PRNewswire/ — Alternet Systems, Inc. (USOTC: ALYI) (“ALYI”) has recently announced that it expects to generate its first revenue this year from the sale of electric vehicles. Specifically, ALYI intends to generate $2 million by year end from the sale of electric motorcycles. The company yesterday announced it might add to… Continue reading ALYI Electric Vehicles, Ecosystems, Cryptocurrency, and Global Brand Names All-In-One
@Daimler: Mercedes-Benz to join ACC and build a European battery champion with global ambitions
Mercedes-Benz to become an equal shareholder in Automotive Cells Company (ACC) togetherwith Stellantis and TotalEnergies, with each partner holding a 33% equity stake. Mercedes-Benz to provide technology and production know-how to ACC. Mercedes-Benz and its partners to accelerate ACC’s development, with sustainable cutting edge cell technology, highly competitive costs and an objective of at least… Continue reading @Daimler: Mercedes-Benz to join ACC and build a European battery champion with global ambitions