All newly launched architectures will be electric-only from 2025 onwards. In 2025 Mercedes-Benz will launch three electric-only architectures. Mercedes-Benz will be ready to go all electric at the end of the decade, where market conditions allow. Mercedes-Benz to install battery cell capacity of more than 200 Gigawatt hours with partners, plans for eight Gigafactories. New… Continue reading @Daimler: Mercedes-Benz prepares to go all-electric
Tag: Strategy
Lear Appoints Alicia Davis Chief Strategy Officer to Drive Advancement and Execution of Long-Term Growth Strategy
SOUTHFIELD, Mich., July 22, 2021 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced the appointment of Alicia Davis to Chief Strategy Officer to drive the advancement and execution of the company’s long-term growth strategy. As Lear’s Chief Strategy Officer, Ms. Davis is responsible for leading a central… Continue reading Lear Appoints Alicia Davis Chief Strategy Officer to Drive Advancement and Execution of Long-Term Growth Strategy
@Ford: OCTO Telematics and Ford Team Up to Provide More Accurate Auto Insurance Risk Scores
OCTO’s DriveAbility® Score, the most predictive insurance risk score in the market, to leverage Ford connected car data BOSTON, MA / DETROIT, MI (July 22, 2021)—-OCTO Telematics today announced a new agreement with Ford Motor Company. By leveraging Ford’s connected vehicle data, OCTO will extend its market-leading predictive insurance risk score, OCTO DriveAbility® Score. The… Continue reading @Ford: OCTO Telematics and Ford Team Up to Provide More Accurate Auto Insurance Risk Scores
Daimler to invest more than 40 billion euros by 2030 in electric vehicles
By Nick Carey 3 Min Read LONDON (Reuters) -Mercedes-Benz maker Daimler plans to invest more than 40 billion euros ($47 billion) between 2022 and 2030 to develop battery electric vehicles (EVs), and be ready for an all-electric car market by the end of that period. Slideshow ( 2 images ) Outlining its strategy for an… Continue reading Daimler to invest more than 40 billion euros by 2030 in electric vehicles
How Formula E helps ABB develop new e-mobility products
Global electronics giant ABB is involved in many aspects of the electromobility industry, from charging infrastructure to batteries to utility integration to robotics. It’s quite fitting that ABB is the lead corporate sponsor of Formula E, the all-electric racing series that’s now in its seventh season. Charged met with several ABB executives at the recent… Continue reading How Formula E helps ABB develop new e-mobility products
@Ford: Ford Hires Doug Power to Help Step Up Strategic Investment In EVs, Connectivity, Services – Areas Key to Ford+ Future
DEARBORN, Mich., July 19, 2021 – The Ford+ plan for growth and value creation promises new capabilities and scale in zero-emission electric vehicles, connectivity and innovative services – and Ford is putting muscle behind them, bringing in a new senior leader with significant mergers-and-acquisitions experience to help execute the strategy. Corporate M&A veteran Doug Power,… Continue reading @Ford: Ford Hires Doug Power to Help Step Up Strategic Investment In EVs, Connectivity, Services – Areas Key to Ford+ Future
Stellantis has 5 years to absorb 40% EV cost hike, avoid job cuts, CEO says
The maker of Jeep and Ram has five years to absorb the roughly 40% increase in costs that electrified vehicles represent before Stellantis NV could face restructuring and job cuts, CEO Carlos Tavares said Wednesday. Tavares and experts have held that not every automaker will be able to make the historic transformation to electric vehicles… Continue reading Stellantis has 5 years to absorb 40% EV cost hike, avoid job cuts, CEO says
Nissan dealers take on new corporate identity
Two Nissan dealerships in Cornwall and South Wales have become the first in the UK to display the brand’s new corporate identity. The first two dealerships to make the change are Hawkins Motor Group’s Nissan dealership in Penryn, and Griffin Mill in Pontypridd. The refined new logo inside and outside showrooms is part of the… Continue reading Nissan dealers take on new corporate identity
Tata AutoComp, Tellus supply 64 fast chargers to Tata Power
Tata AutoComp has ten joint ventures to roll out automotive components and systems like engine cooling solutions, automotive batteries, rear view mirrors, command systems, HVAC, and exhaust and emission control systems among others. NEW DELHI: Tata AutoComp Systems on Wednesday said it along with US-based charging infrastructure company Tellus Power Green has executed a supply… Continue reading Tata AutoComp, Tellus supply 64 fast chargers to Tata Power
Nidec Starts Discussions on Establishing Joint Venture with Hon Hai and Foxtron
KYOTO, Japan, July 21, 2021 (GLOBE NEWSWIRE) — Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) today announced that the Company has agreed to start discussions on establishing a joint venture (JV) with Hon Hai Technology Group (TWSE: 2317) (hereinafter referred to as “Hon Hai”) and Foxtron Vehicle Technologies Co., Ltd. (hereinafter… Continue reading Nidec Starts Discussions on Establishing Joint Venture with Hon Hai and Foxtron