Fastned, Tesla to power up Oxford with EV charging superhub

By Reuters Staff 3 Min Read (Reuters) -Dutch charging infrastructure company Fastned has teamed up with Tesla to build electric vehicle (EV) charging stations in Oxford, England, it said on Friday, sending its shares higher. Slideshow ( 2 images ) The hub of 38 charging stations, will include 26 ultra-rapid chargers from Fastned and Tesla,… Continue reading Fastned, Tesla to power up Oxford with EV charging superhub

@BMW: Ad-hoc announcement: Partial release of the provision with respect to EU antitrust proceedings001140

Munich. Based on the progress of the proceedings, BMW AG expects, compared with the statement of objections of 5 April 2019, that the EU Commission will significantly reduce its allegations against BMW AG in terms of content and duration. The subject matter of the proceedings is whether German automobile manufacturers cooperated in technical working groups… Continue reading @BMW: Ad-hoc announcement: Partial release of the provision with respect to EU antitrust proceedings001140

Waymo Eyes Raising Up to $4 Billion as Leaders’ Exits Sow Doubts

(Bloomberg) — Waymo is talking to outside investors about raising as much as $4 billion in additional capital to fuel its self-driving efforts. And the company has discussed plans to eventually list publicly, spinning out from its parent Alphabet Inc., according to people familiar with the plans. But Waymo must first quell concerns about a… Continue reading Waymo Eyes Raising Up to $4 Billion as Leaders’ Exits Sow Doubts

China Tech Digest: Upmarket Car Brand Co-created By Changan And Huawei Will Be Launched This Month; BYD Will Ship 1,500 Tang EVs To Norway

Upmarket car brand co-created by Changan and Huawei will be launched this month The upmarket new energy car brand (temporarily named AB brand) jointly created by Changan Auto, Huawei and CATL will be unveiled soon. Tan Benhong, executive vice president of Changan Auto, stated that Changan New Energy and AB Auto are two independent companies… Continue reading China Tech Digest: Upmarket Car Brand Co-created By Changan And Huawei Will Be Launched This Month; BYD Will Ship 1,500 Tang EVs To Norway

@Daimler: Daimler Truck AG and Shell target accelerated rollout

Hamburg / Stuttgart, Germany – Daimler Truck AG and Shell New Energies NL B.V. (“Shell”) have signed an agreement to jointly drive the adoption of hydrogen-based fuel-cell trucks in Europe. The companies plan to support the decarbonisation of road freight by building-out hydrogen-refuelling infrastructure and placing fuel-cell trucks in customers’ hands.  Shell intends to initially… Continue reading @Daimler: Daimler Truck AG and Shell target accelerated rollout

@Daimler: Daimler Truck AG and CATL expand global partnership:

CATL to supply batteries for Mercedes-Benz eActros LongHaul truck starting 2024 The partners intend to jointly design and develop even more advanced next-generation battery cells and packs for truck specific applications Martin Daum, CEO of Daimler Truck AG: “Expanding and strengthening our strong collaboration with CATL will play a key role as we accelerate our… Continue reading @Daimler: Daimler Truck AG and CATL expand global partnership:

@Daimler: Daimler Truck sets out ambitions as an independent company

Daimler Truck hosts inaugural Strategy Day for investors and analysts, setting out financial and technology goals Determined to raise performance and deliver strong shareholder returns Targeting benchmark margins in each region, and an overall double digit operating margin for the Group by 2025, in a scenario with strong market conditions Ambitious technology roadmap for both… Continue reading @Daimler: Daimler Truck sets out ambitions as an independent company

Daimler Truck sets out ambitions as an independent company

STUTTGART, Germany, May 20, 2021 /PRNewswire/ — Daimler Truck hosts inaugural Strategy Day for investors and analysts, setting out financial and technology goals Determined to raise performance and deliver strong shareholder returns Targeting benchmark margins in each region, and an overall double-digit operating margin for the Group by 2025, in a scenario with strong market… Continue reading Daimler Truck sets out ambitions as an independent company

Daimler Truck AG and CATL expand global partnership: joint development of sophisticated truck-focused batteries and supply agreed beyond 2030

CATL to supply batteries for Mercedes-Benz eActros LongHaul truck starting 2024 The partners intend to jointly design and develop even more advanced next-generation battery cells and packs for truck specific applications Martin Daum, CEO of Daimler Truck AG: “Expanding and strengthening our strong collaboration with CATL will play a key role as we accelerate our… Continue reading Daimler Truck AG and CATL expand global partnership: joint development of sophisticated truck-focused batteries and supply agreed beyond 2030

Virtuo raises $96M for its streamlined take on car rentals

Car ownership has become pricey and untenable in many towns and cities in Europe: between congestion charges to reduce emissions, parking fees, and traffic, many consumers opt instead to use public transportation, two wheels, cabs or their own legs to get around. To add to that mix for longer journeys, today a startup that’s building… Continue reading Virtuo raises $96M for its streamlined take on car rentals