Volvo expects one in 10 of the cars it sells in 2022 to be pure electric, almost doubling the percentage share of zero-emissions vehicles it sold in the final quarter of last year. The Swedish brand’s round-up of financial results revealed that amid a record year for revenue, 34 per cent of Volvo’s sales in… Continue reading Volvo sales will be 10 per cent electric cars in 2022
Tag: Strategy
Bentley Mulsanne to be reborn as super-luxury electric GT
An all-new Bentley Mulsanne is due to arrive before the end of the decade, kick-starting the firm’s radical electric era. The new flagship model will be part of Bentley‘s recently announced five-in-five strategy, in which it will launch five electric models between 2025 and 2030. The first of those cars, expected to be previewed later this year, has… Continue reading Bentley Mulsanne to be reborn as super-luxury electric GT
@VW Group: Operation Powerhouse004877
Despite all its retro charm, Wolfsburg’s “alte Gießerei” (“old foundry”) constitutes the control center of a new world. Its light-filled industrial halls with a non-hierarchical open-space design house the management of the Volkswagen AG Technology division and of “Components,” as employees still call the independent Volkswagen Group Components unit. With 75,000 employees at 45 locations worldwide, Components is a core part… Continue reading @VW Group: Operation Powerhouse004877
@GM: GM Delivers Over 613,000 Vehicles in China in the First Quarter
GM Delivers Over 613,000 Vehicles in China in the First Quarter 2022-04-06 SHANGHAI – General Motors and its joint ventures delivered more than 613,000 vehicles in China in the first quarter of 2022 amid the ongoing semiconductor shortage and COVID-19 resurgence. In response to the challenging macro environment, GM has developed a continuity plan on… Continue reading @GM: GM Delivers Over 613,000 Vehicles in China in the First Quarter
GAC sets sales increase target for 2022
A GAC Group electric car model, the Aion Y, is displayed at an automobile expo in Shanghai in April. [Photo/Xinhua] GAC Group, a leading automaker based in Guangzhou, capital of Guangdong province, has set a target in sales increase of 15 percent year-on-year in 2022, according to a senior company executive. “The target is based… Continue reading GAC sets sales increase target for 2022
Arrival’s Avinash Rugoobur to reveal EV built with Uber at TC Sessions: Mobility 2022
Arrival, a U.K.-based electric vehicle company that went public last year, has set itself a lofty goal. The company aims to produce electric vehicles that cost less than other EVs and competes with pricing on fossil fuel-powered vehicles. A lofty goal requires a bold plan. For Arrival, that means bypassing the traditional large-scale or even… Continue reading Arrival’s Avinash Rugoobur to reveal EV built with Uber at TC Sessions: Mobility 2022
Nissan announces prototype facility for solid-state batteries, plans for EV integration in 2028
During a livestream out of Japan this morning, Nissan Motor Company unveiled plans to bring laminated solid-state batteries to market by 2028, beginning with a prototype production facility. The decision is part of Nissan’s “Ambition 2030” strategy, which will now include plans to launch an EV powered by solid-state batteries in 2028. Nissan Motor Corporation ($NSANY) has… Continue reading Nissan announces prototype facility for solid-state batteries, plans for EV integration in 2028
@Groupe PSA: PR Stellantis Announces Sale of 25% Stake in GEFCO003548
AMSTERDAM – Stellantis N.V. today announced it has sold its remaining 25% stake in GEFCO S.A. to the CMA CGM Group, a world leader in transport and logistics. “The sale of this non-strategic asset marks the last step of our exit plan, initiated a decade ago, from the transportation and logistics industry,” said Carlos Tavares,… Continue reading @Groupe PSA: PR Stellantis Announces Sale of 25% Stake in GEFCO003548
@Daimler: Mercedes-Benz opens the Electric Software Hub, a software integration factory at the Sindelfingen site
Some 1,100 employees work cross-functionally under one roof on the electric and digital future of Mercedes-Benz. Stuttgart/Sindelfingen. Mercedes-Benz aims to be a leader in both electric driving and vehicle software. To accelerate this development, the company has invested more than 200 million euros in the Electric Software Hub at the Mercedes Technology Centre (MTC) in… Continue reading @Daimler: Mercedes-Benz opens the Electric Software Hub, a software integration factory at the Sindelfingen site
@Tata-JLR: FOURTH QUARTER SALES IMPROVING BUT REMAIN CONSTRAINED BY SEMICONDUCTOR SHORTAGES
About Jaguar Land Rover For more information about Jaguar Land Rover’s Reimagine strategy please visit: https://www.jaguarlandrover.com/reimagine About Jaguar Land Rover: Reimagining the future of modern luxury by design Jaguar Land Rover is reimagining the future of modern luxury by design through its distinct, British brands. Our current model range embraces fully electric, plug-in hybrid and… Continue reading @Tata-JLR: FOURTH QUARTER SALES IMPROVING BUT REMAIN CONSTRAINED BY SEMICONDUCTOR SHORTAGES