Tag: Strategy

Hino and Isuzu race for electric trucks as Chinese rivals encroach

TOKYO — Isuzu Motors and Hino Motors are making forays into no-emission light trucks next year as Japan trails other major automobile markets in embracing electrified fleets. The Japanese commercial vehicle producers are eyeing business with shipping and logistics companies while fighting the growing presence of Chinese rivals, which offer competitive prices. Hino intends to roll… Continue reading Hino and Isuzu race for electric trucks as Chinese rivals encroach

German Manager Magazin: Renault figures half-year balance sheet: after billions in losses, black figures again, savings plan “Renaulution” takes effect 001010

The French automaker Renault was in the black again in the first half of the year – after a long dry spell. As the company announced on Friday, the group’s net profit was 354 million euros. Sales rose by 26.8 percent to 23.4 billion euros. In the same period of the previous year Renault had… Continue reading German Manager Magazin: Renault figures half-year balance sheet: after billions in losses, black figures again, savings plan “Renaulution” takes effect 001010

German Manager Magazin: Electric car: Every sixth electric car comes from VW, BMW or Daimler001010

According to a market study by the management consultancy PwC, the proportion of fully electric vehicles worldwide rose to 17 percent in the second quarter, and even to 50 percent for plug-in hybrids. The VW Group, BMW and Mercedes-Benz had sold a total of 246,000 battery cars and around 370,000 plug-in hybrids in the first… Continue reading German Manager Magazin: Electric car: Every sixth electric car comes from VW, BMW or Daimler001010

Škoda: the great ambitions of Volkswagen’s little-known gem

The little-known nugget of the Volkswagen group has great ambitions. The Czech manufacturer Škoda, which has just announced its strategic plan for 2030, wants to climb into the European top 5 by that date, with an operating margin of 8% worthy of “premium” manufacturers. “In a context where the automotive industry is completely upset, we… Continue reading Škoda: the great ambitions of Volkswagen’s little-known gem

@GM: General Motors Names Kent Helfrich to Lead Global Research and Development and GM Ventures

General Motors Names Kent Helfrich to Lead Global Research and Development and GM Ventures Helfrich also to serve as GM’s chief technology officer; Matt Tsien to retire after 45 years of service 2021-07-27 DETROIT – General Motors (NYSE: GM) today announced the appointment of Kent Helfrich as vice president, Global Research and Development, chief technology… Continue reading @GM: General Motors Names Kent Helfrich to Lead Global Research and Development and GM Ventures

@GM: General Motors Names Omar Vargas VP and Head of Global Public Policy

General Motors Names Omar Vargas VP and Head of Global Public Policy 2021-07-26 DETROIT – General Motors today named Omar Vargas as vice president and head of Global Public Policy, effective Aug. 1. Vargas was most recently senior vice president and chief Government Affairs officer for 3M Company. “Omar Vargas brings over 20 years of… Continue reading @GM: General Motors Names Omar Vargas VP and Head of Global Public Policy

Kodiak Robotics’ founder says tight focus on autonomous trucks is working

Kodiak Robotics is one of the last private autonomous vehicles companies focused on trucking that is still standing. Nearly all the rest have been wooed by the public marketplace and the capital it can provide. But co-founder and CEO Don Burnette says the three-year-old company’s strategy of staying focused and small(er) is paying off. It… Continue reading Kodiak Robotics’ founder says tight focus on autonomous trucks is working

Chinese EV battery-maker SVOLT closes $1.6b Series B round led by BOCGI …

Chinese EV battery maker and storage solutions provider SVOLT Energy Technology has raked in 10.28 billion yuan ($1.6 billion) in a Series B round just five months after the completion of its big-ticket Series A round. The new round was led by Bank of China Group Investment (BOCGI), a Hong Kong-incorporated direct investment arm of… Continue reading Chinese EV battery-maker SVOLT closes $1.6b Series B round led by BOCGI …

Bengaluru: Automated driving test track likely in Devanahalli

Transport officials said they are planning ADTCs in each district. While they are operational in Mysuru, Kalaburagi and Shivamogga, construction is on in Hassan, Dharwad, Raichur, Mangaluru and Belagavi. “We plan to set up ADTCs in Ballari, Gadag, Madikeri, Hospet, Chikkodi, Kolar and Udupi,” said Holkar. BENGALURU: Following a PIL in the high court exposing… Continue reading Bengaluru: Automated driving test track likely in Devanahalli