First enhanced prototype of the Mercedes-Benz GenH2 Truck on the test track since late April Wide range of tests are a further milestone on the path to series production Tests on public roads to take place this year, customer trials planned for 2023 Martin Daum, CEO of Daimler Truck AG: “We are consistently pursuing our… Continue reading @Daimler: Daimler Trucks begins rigorous testing of its fuel-cell truck
Tag: Strategy
Tata Motors wins Rs 44 crore CESL contract for 300 EVs
Tata Motors, with its Nexon EV and Tigor sedan, was the No. 1 electric carmaker in India, in FY2021. Tata Motors, which was the No. 1 electric car OEM in India in FY2021 with sales of 4,216 units and 64% of all-India sales, has just received a new order for its electric passenger vehicles. The… Continue reading Tata Motors wins Rs 44 crore CESL contract for 300 EVs
Kia’s fast-charging EV6 electric crossover is coming to the U.S. in early 2022
The Kia EV6, an all-electric crossover that kicks off the automaker’s Plan S strategy to shift away from internal combustion engines and toward EVs, will come to the U.S. early next year, the company said Tuesday evening during a live streamed event in New York. The EV6 is the first dedicated battery-electric vehicle to built… Continue reading Kia’s fast-charging EV6 electric crossover is coming to the U.S. in early 2022
Stellantis, Foxconn to develop digital cockpits and personalized connected services with Mobile Drive joint venture
Stellantis NV (“Stellantis”) and Hon Hai Precision Industry Co., Ltd., (“Foxconn”), together with its subsidiary FIH Mobile Ltd., (“FIH”), announced the signing of a non-binding memorandum of understanding to form Mobile Drive, a 50/50 voting rights joint venture aimed at accelerating development timelines to bring innovative in-vehicle user experiences enabled by advanced consumer electronics, HMI… Continue reading Stellantis, Foxconn to develop digital cockpits and personalized connected services with Mobile Drive joint venture
Kia America Debuts in US.
Plan S, or Plan Shift, is Kia’s ambitious $25 billion transformative strategy. Plan S includes sustainable mobility, delivery vehicles and personal transport solutions through Kia’s PBV platform as well as developing Kia’s Mobility as a Service strategy. Plan S will also see the launch of 11 EVs on a global basis by 2026. The first… Continue reading Kia America Debuts in US.
Tata Motors’ Q4 FY2021 revenue up 42 percent, in line with estimates
Tata Motors’ India operations continued its strong sequential recovery in the last quarter of FY2021 and Jaguar Land Rover’s business too reflected retail recovery in China and North America in Q4. The consolidated net revenue for Q4 came in at Rs 88,628 crore, up 41.8 percent from the revenue of Rs 75,654 crore in the year-ago period.… Continue reading Tata Motors’ Q4 FY2021 revenue up 42 percent, in line with estimates
@VW Group: Lamborghini announces its roadmap for electrification: “Direzione Cor Tauri”003103
A landmark transformation plan for Lamborghini’s sustainability path: from product electrification to the Sant’Agata Bolognese site Top product performance: the absolute priority throughout the entire electrification program Roadmap incorporates celebration of the combustion engine and the range’s hybrid transition by 2024 Internal target defined: 50% less product CO2 emissions by the beginning of 2025 The… Continue reading @VW Group: Lamborghini announces its roadmap for electrification: “Direzione Cor Tauri”003103
Tata Motors’ Q4FY2021 revenue up 42 percent, in-line with estimates
Tata Motors’ India operations continued its strong sequential recovery in the last quarter of FY2021 and Jaguar Land Rover’s business too reflected retail recovery in China and North America in Q4. The consolidated net revenue for Q4 came in at Rs 88,628 crore, up 41.8 percent from the revenue of ₹75,654 crore in the year-ago period. The… Continue reading Tata Motors’ Q4FY2021 revenue up 42 percent, in-line with estimates
@Groupe PSA: PR Stellantis, Foxconn to Develop Breakthrough Digital Cockpits and Personalized Connected Services with Mobile Drive Joint Venture001763
Mobile Drive, with investments from both Foxconn and Stellantis, will accelerate go-to-market timelines for the most advanced in-car and connected-car technologies in the industry Mobile Drive brings together expertise in consumer innovations from the sustainable mobility and advanced electronics industries Joint venture will competitively bid for global vehicle program contracts with Stellantis and other auto… Continue reading @Groupe PSA: PR Stellantis, Foxconn to Develop Breakthrough Digital Cockpits and Personalized Connected Services with Mobile Drive Joint Venture001763
Jaguar Land Rover makes £860m loss after strategy rethink
Jaguar Land Rover made a loss of £860m for its full financial year after its new boss wrote off £1.5bn in a strategy rethink, despite a recovery in sales since the slump at the start of the coronavirus pandemic. JLR would have made a £660m profit in the year to 31 March if not for… Continue reading Jaguar Land Rover makes £860m loss after strategy rethink