Ionity, whose shareholders also include South Korea’s Hyundai Motor as well as Volkswagen units Porsche AG and Audi, has 348 stations in operation across the continent, with a further 45 under construction. FRANKFURT: Royal Dutch Shell and Renault are among those interested in taking a stake in electric vehicle (EV) charging group Ionity, two people… Continue reading Shell, Renault interested in stake in Volkswagen-backed Ionity: sources
Tag: Strategy
@BMW: BMW i Ventures Announces New $300 Million Venture Capital Fund to Further Invest in Sustainability, Transportation, Manufacturing and Supply Chain.001254
Mountain View, CA (June 30, 2021)… BMW i Ventures announced today the creation of a new $300 million venture capital fund with a strong focus on sustainability. The new fund will invest in early to mid-stage start-ups operating in the sustainability, transportation, manufacturing, and supply chain industries. This marks BMW i Ventures’ second dedicated investment fund,… Continue reading @BMW: BMW i Ventures Announces New $300 Million Venture Capital Fund to Further Invest in Sustainability, Transportation, Manufacturing and Supply Chain.001254
@BMW: Off the Back of Our Top-Quartile Performing Fund I, We are Excited to Announce Our $300M BMW i Ventures Fund II001254
We’re excited to announce the creation of our new $300M Fund II, which is fully backed by BMW Group. With our new fund, we will double down on investments in early- and mid-stage companies that operate in the transportation, manufacturing, supply chain, and sustainability industries. We’ll continue to operate as a financial investor while striving… Continue reading @BMW: Off the Back of Our Top-Quartile Performing Fund I, We are Excited to Announce Our $300M BMW i Ventures Fund II001254
New Renault 5 electric supermini to cost around £18,500
The new Renault 5 electric hatchback is set to cost around £18,500 when it goes on sale in 2024. The revived nameplate will be part of a major new plan to revive the French firm’s fortunes and will sit on the Renault Group’s new CMF-BEV platform for small electric cars. Speaking during a Renault electropop event, company boss… Continue reading New Renault 5 electric supermini to cost around £18,500
Eaton releases 2020 Sustainability Report and first standalone Task Force on Climate-related Financial Disclosures (TCFD) Report
Sustainability Report highlights company’s progress toward its 2030 goals, including science-based greenhouse gas reduction targets TCFD Report features Eaton’s strategy to mitigate and address climate-related risks DUBLIN, June 30, 2021–(BUSINESS WIRE)–As part of its ongoing focus on transparency, power management company Eaton (NYSE:ETN) today released its 2020 Sustainability Report and its first standalone Task Force… Continue reading Eaton releases 2020 Sustainability Report and first standalone Task Force on Climate-related Financial Disclosures (TCFD) Report
Future Volvo cars to run on in-house software
The next generation of pure electric Volvo models, including the company’s first SUV on a completely new electric-only technology base, will run on Volvo Cars’ own operating system (OS), called VolvoCars.OS, for faster and more flexible development. This includes more frequent over-the-air updates to customer cars through their lifetime. VolvoCars.OS will act as an umbrella… Continue reading Future Volvo cars to run on in-house software
Fisker teams undertake Ocean SUV manufacturing review at Magna plant
EV manufacturer Fisker Inc today took another significant step forward towards the start of production for the Fisker Ocean SUV with the official opening of several Fisker-dedicated operational areas at Magna’s world-class manufacturing facility in Graz, Austria. Fisker CEO and chairman, Henrik Fisker, was onsite in Graz with teams from engineering, manufacturing, purchasing and quality… Continue reading Fisker teams undertake Ocean SUV manufacturing review at Magna plant
Yamaha invests in Indian used two-wheeler platform CredR
Bangalore-based CredR (Incredible Technologies Private) used two-wheeler platform has raised Rs 48.1 crore ($ 6.5 million) in its latest round led by Yamaha Motors, existing investors Omidyar Network India, Eight Roads Ventures, with participation from automotive focused Astarc Ventures. The company creates an omnichannel buying experience, through a chain of flagship showrooms across Maharashtra, Karnataka,… Continue reading Yamaha invests in Indian used two-wheeler platform CredR
@Renault: Renault eWays ElectroPop000245
PRESS RELEASEJune 30th, 2021 Renault eWays ElectroPop: a historic acceleration of Renault Group’s EV strategy to offer competitive, sustainable & popular electric vehicles Renault Group makes a historic acceleration in its EV strategy, leveraging its technological and industrial assets along with 10 years of experience in electric mobility to make bold choices and offer competitive,… Continue reading @Renault: Renault eWays ElectroPop000245
Renault-Nissan rejig how they manage Daimler partnership – sources
The logos of car manufacturers Nissan and Renault are pictured at a dealership Kyiv, Ukraine June 25, 2020. REUTERS/Valentyn Ogirenko/File Photo Alliance-level job in charge of Daimler ties to be scrapped Firms to manage relations with Daimler bilaterally Partnership has not met initial hopes, but still has projects PARIS, June 24 (Reuters) – The Renault-Nissan-Mitsubishi… Continue reading Renault-Nissan rejig how they manage Daimler partnership – sources