Britain has had its fair share of mystifying car manufacturers – some brands that puzzle us because of their success and quite a few others whose diminutive scale has baffled us all. Lotus has been firmly in the last of those categories for many years, but this week we’ve finally seen real evidence that this… Continue reading ‘We’ve finally seen evidence that Lotus really does have an exciting future’
Tag: Strategy
New Lotus SUV likely as part of brand’s electric revolution
Lotus has revealed a substantial new product strategy that will see the company move beyond sports car manufacturing and likely into SUVs, using four platforms to create a Lotus line-up broader than at any other point in the marque’s history. The arrival of the all-new combustion powered Emira sports car, which will be revealed this… Continue reading New Lotus SUV likely as part of brand’s electric revolution
Zoomo raises $12 million to expand e-bike subscription offerings
Zoomo, the Australian startup with a mission to electrify delivery fleets through e-bike subscriptions, announced a $12 million interim capital raise on Monday. The company made a name for itself through partnerships with UberEats and DoorDash to help delivery workers access e-bikes through weekly subscriptions at discounted rates. Zoomo then grew to offer monthly subscriptions… Continue reading Zoomo raises $12 million to expand e-bike subscription offerings
CF Finance Acquisition Corp. III and AEye Amend Merger Agreement; AEye Prepares to List on NASDAQ under Ticker Symbol “LIDR”
New York, NY and Dublin, CA – May 3, 2021 – CF Finance Acquisition Corp. III (Nasdaq: CFAC) (“CF III”), a special purpose acquisition company sponsored by Cantor Fitzgerald, and AEye, Inc. (“AEye”), the global leader in active, next generation LiDAR solutions, today announced that due to recent valuation changes of publicly traded lidar companies… Continue reading CF Finance Acquisition Corp. III and AEye Amend Merger Agreement; AEye Prepares to List on NASDAQ under Ticker Symbol “LIDR”
Bosch, Shell, and Volkswagen develop renewable gasoline with 20 percent lower CO₂ emissions
Mobility Solutions is the largest Bosch Group business sector. It generated sales of 42.1 billion euros in 2020, and thus contributed 59 percent of total sales from operations. This makes the Bosch Group one of the leading automotive suppliers. The Mobility Solutions business sector pursues a vision of mobility that is safe, sustainable, and exciting,… Continue reading Bosch, Shell, and Volkswagen develop renewable gasoline with 20 percent lower CO₂ emissions
VW Works Council Chair talks Herbert Diess and Tesla’s growing influence on German auto – Teslarati
By Simon Alvarez Posted on April 14, 2021 Tesla is not yet producing electric vehicles at Gigafactory Berlin, but the EV maker’s presence is already being felt in Germany’s auto sector. According to sociologist Andreas Boes, director of the Munich Institute for Social Science Research (ISF), Tesla has practically become the “elephant in the room”… Continue reading VW Works Council Chair talks Herbert Diess and Tesla’s growing influence on German auto – Teslarati
VW will design its own chips for self-driving cars
Volkswagen won’t settle for off-the-shelf computing power with its self-driving cars. As Reuters (via Autoblog) reports, company chief Herbert Diess told Handelsblatt in an interview that VW will design its own high-performance chips for autonomous vehicles. It was a matter of eking out the best possible hardware, Diess said — much like Apple and Tesla,… Continue reading VW will design its own chips for self-driving cars
Bridgestone Announces Strategic Growth Investments Based on Mid-Term Business Plan Acquiring Otraco OTR Tire Management Solutions Business from Downer
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@GM: General Motors Releases Annual Sustainability Report, Setting Baseline for Accelerated Goals April 30, 2021
General Motors Releases Annual Sustainability Report, Setting Baseline for Accelerated Goals DETROIT, April 30, 2021 /PRNewswire/ — General Motors today released its 11th annual Sustainability Report, providing an overview of the company’s environmental, social and governance (ESG) performance in 2020, and outlining new environmental sustainability goals for the next chapter of GM’s work toward a zero-emissions… Continue reading @GM: General Motors Releases Annual Sustainability Report, Setting Baseline for Accelerated Goals April 30, 2021
Goodyear Reports First Quarter 2021 Results
First quarter Goodyear net income of $12 million; adjusted net income of $102 million First quarter segment operating income of $226 million, strongest first quarter since 2018 Global consumer replacement volume significantly exceeded industry, driven by large-rim diameter segment — Record first quarter consumer replacement volume in Asia Pacific Americas, EMEA consumer OE volumes outpaced… Continue reading Goodyear Reports First Quarter 2021 Results