L-R: Sir Ralf Speth, Sudarshan Venu, Daniel Meyer and Ms. Marie TVS Motor Co has acquired a majority stake in European e-bike brand, EGO Movement, thereby marking its foray into the personal e-mobility business. The all-cash deal was conducted through its Singapore Subsidiary TVS Motor (Singapore) and is in line with TVS’ strategy to expand… Continue reading TVS acquires Swiss e-bike maker EGO Movement
Tag: Strategy
Europa Wire: New joint venture by IVECO and Nikola in Ulm, Germany to start production of Nikola Tre electric heavy-duty trucks by end of 2021000148
New joint venture by IVECO and Nikola in Ulm, Germany to start production of Nikola Tre electric heavy-duty trucks by end of 2021 The partnership between the global commercial vehicles manufacturer and the US-based group specializing in zero-emission Class 8 heavy-duty trucks and related energy solutions is about to begin its manufacturing journey in Ulm,… Continue reading Europa Wire: New joint venture by IVECO and Nikola in Ulm, Germany to start production of Nikola Tre electric heavy-duty trucks by end of 2021000148
German Handelsblatt: Diesel scandal: Indictment in the VW Diesel trial: Winterkorn knew of manipulation002946
Martin Winterkorn The part of the proceedings against Winterkorn was separated, it should start later. (Photo: imago / fossiphoto) Braunschweig According to the conviction of the prosecutors in the diesel fraud trial, the former VW group boss Martin Winterkorn had known about the strategy of deception for a long time before admitting the exhaust gas… Continue reading German Handelsblatt: Diesel scandal: Indictment in the VW Diesel trial: Winterkorn knew of manipulation002946
@niche: Lightyear reaches $110 million (€93 million) funding milestone in 2021 YTD These funds are used for the further development and production of Lightyea…001240
Strategic investments were made by insurer DELA and investor Joop van Caldenborgh Additional funding solidifies resources for continued development and production of long-range solar car Helmond, the Netherlands, September 16, 2021 – Lightyear, the high-tech company developing the world’s first long-range solar car, is proud to announce that it has raised $110 million (€93 million)… Continue reading @niche: Lightyear reaches $110 million (€93 million) funding milestone in 2021 YTD These funds are used for the further development and production of Lightyea…001240
@VW Group: Eighth Porsche Experience Center worldwide opens in Italy003836
13/09/2021 Porsche has opened its eighth Porsche Experience Center (PEC) worldwide in Franciacorta, Italy. The new brand experience venue covers approximately 60 hectares and includes the Autodromo di Franciacorta handling circuit. The opening ceremony took place on Saturday, 11 September. The new PEC in Franciacorta is located in Castrezzato (Brescia), a scenic area of northern Italy.… Continue reading @VW Group: Eighth Porsche Experience Center worldwide opens in Italy003836
Bridgestone to roll out up to 3,500 EVBox public chargers in Europe
Tire manufacturer and retailer Bridgestone has formed a long-term partnership with the EVBox Group to deploy up to 3,500 EVBox AC and DC charging ports, powered by EVBox charging management software. The installations will take place across Bridgestone’s European retail and service network, which includes brands such as Speedy and First Stop. Bridgestone’s retail network… Continue reading Bridgestone to roll out up to 3,500 EVBox public chargers in Europe
Advance Auto Parts (AAP), Bridgestone Team Up for DieHard Batteries
Advance Auto Parts AAP recently announced a multi-year agreement with Bridgestone Retail Operations, per which the latter will stock Advance’s DieHard batteries in its more than 2,200 tire and vehicle service centers across the United States. Headquartered in Nashville, TN, Bridgestone Retail Operations is a subsidiary of Bridgestone Americas, Inc, and operates more than 2,200… Continue reading Advance Auto Parts (AAP), Bridgestone Team Up for DieHard Batteries
Bridgestone Makes Strategic Investment in Wrench Mobile Vehicle Services and Technology Company
The partnership paves the way for Bridgestone and Seattle-based Wrench to explore synergies in their service offerings, including pairing Bridgestone’s 2,200+ company-owned automotive service stores with Wrench’s complementary mobile services marketplace. Offerings currently available through the Wrench platform include on-site automotive maintenance, access to roadside and towing, vehicle detailing, and the Lemon Squad used-vehicle inspection… Continue reading Bridgestone Makes Strategic Investment in Wrench Mobile Vehicle Services and Technology Company
IVECO and Nikola sign MoU with Hamburg Port Authority for Zero-Emission Class 8 Battery-Electric Trucks
The first phase involves testing of the Nikola Tre BEVs at the port for transport and logistics operations together with high-performance charging solutions. A more definitive second phase in the project partnership plans to see the full integration of the BEV vehicles in port operations, installation of charging infrastructure and on-site service support including major… Continue reading IVECO and Nikola sign MoU with Hamburg Port Authority for Zero-Emission Class 8 Battery-Electric Trucks
@VW Group: Battery cells are the combustion chamber of the future003830
07/09/2021 Porsche is taking on responsibility for future generations. As early as 2030, more than 80 per cent of the sports car manufacturer’s vehicles are to be offered with an electric motor. Sustainability is firmly anchored in the company’s strategy as a basic principle: “As a car manufacturer, Porsche aims to achieve a carbon-neutral balance… Continue reading @VW Group: Battery cells are the combustion chamber of the future003830