Christian Gobber, Former Regional CEO at Maserati, leads Faraday Future’s Global Sales Strategy Faraday Future Signs Florida-based Jolta as First Sales Partner in the U.S., Establishing the First EV-Exclusive Retail Network FF will also Utilize China Harmony Group, a Leading Comprehensive Automobile Service Group in China Faraday Future will Bring to Market its FF 91… Continue reading @FaradayFuture: Faraday Future Announces New Global Online-to-Offline (O2O) Direct Sales Organization and the…
Tag: Strategy
@GM: GM and LG Energy Solution Investing $2.3 Billion in 2nd Ultium Cells Manufacturing Plant in U.S. April 16, 2021
GM and LG Energy Solution Investing $2.3 Billion in 2nd Ultium Cells Manufacturing Plant in U.S. NASHVILLE, Tenn., April 16, 2021 /PRNewswire/ — 2.8 million square-foot facility in Spring Hill, Tennessee, will create 1,300 new manufacturing jobs New plant will significantly increase GM’s ability to lead in the production of batteries at scale Leading Ultium… Continue reading @GM: GM and LG Energy Solution Investing $2.3 Billion in 2nd Ultium Cells Manufacturing Plant in U.S. April 16, 2021
@VW Group: New performance brand GTX joins || the ID. family002859
With the new ID.4 GTX, Volkswagen is showing the first sporty top-of-the-range electric model on April 28th: In Europe, the respective performance models of the ID. Family will wear the logo GTX in the future. Similar to GTI and GTE, it stands for its own product brand – it charges the world of electric mobility… Continue reading @VW Group: New performance brand GTX joins || the ID. family002859
GM and LG Energy Solution Investing $2.3 Billion in 2nd Ultium Cells Manufacturing Plant in U.S.
NASHVILLE, Tenn., April 16, 2021 /PRNewswire/ — 2.8 million square-foot facility in Spring Hill, Tennessee, will create 1,300 new manufacturing jobs New plant will significantly increase GM’s ability to lead in the production of batteries at scale Leading Ultium battery technology is at the heart of GM’s EV strategy Ultium Cells LLC, a joint venture… Continue reading GM and LG Energy Solution Investing $2.3 Billion in 2nd Ultium Cells Manufacturing Plant in U.S.
Oxbotica raises $13.8M from Ocado to build autonomous vehicle tech for the online grocer’s logistics network
Ocado, the UK online grocer that has been making strides reselling its technology to other grocery companies to help them build and run their own online ordering-and-delivery operations, is making an investment today into what it believes will be the next chapter of how that business will grow: it is taking a £10 million ($13.8… Continue reading Oxbotica raises $13.8M from Ocado to build autonomous vehicle tech for the online grocer’s logistics network
Ferrari’s CEO promises an EV in 2025
Ferrari has already made cars with hybrid powertrains, but during its Annual General Meeting this week, acting CEO John Elkann told investors in prepared remarks (PDF) that the carmaker will unveil “the first all-electric Ferrari” in 2025. Hopefully that plan will hold even after the company confirms a new CEO — over the past decade… Continue reading Ferrari’s CEO promises an EV in 2025
@Ford: Ford Direct Markets Appoints New Middle East Leadership Team for Its Customer Service Division and Lincoln Operations
DUBAI, UAE, 15 April 2021 – Ford Direct Markets has announced two key strategic appointments to its leadership team in the Middle East. As of April 1, Nicolas Lory has been appointed as the Ford Customer Service Division (FCSD) Director for Ford Middle East. Prior to this new position, he served as Managing Director for Middle East… Continue reading @Ford: Ford Direct Markets Appoints New Middle East Leadership Team for Its Customer Service Division and Lincoln Operations
Ford creates top role for ex-presidential candidate Jon Huntsman with $1M salary
The top two executives at Ford Motor Co. decided they wanted to add more muscle to their team to navigate the industry’s dynamic landscape that’s facing new challenges every day, so they created a “vice chair of policy” role for Jon Huntsman Jr. He will get paid a $1 million base salary plus $3 million in stock to advise CEO Jim Farley… Continue reading Ford creates top role for ex-presidential candidate Jon Huntsman with $1M salary
Senmiao Technology Announces Cooperation with Hefei Cheyun to Launch Ride-Hailing Business in Hefei, China
CHENGDU, China, April 15, 2021 /PRNewswire/ — Senmiao Technology Limited (“Senmiao”) (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced the signing of a joint operation agreement with Hefei Cheyun Information Technology Co., Ltd. (“Hefei Cheyun”), an… Continue reading Senmiao Technology Announces Cooperation with Hefei Cheyun to Launch Ride-Hailing Business in Hefei, China
Marelli in a pact with China’s WHST for radar solutions aimed at ADAS and autonomous Driving applications
The collaboration will focus on radars using 77GHz and 79GHz applications for 4D radar to be integrated by Marelli into headlamps, rear lamps, smart grilles and standalone corner among others. Tier 1 supplier Marelli has signed cooperation agreement with China-based Wuhu SensorTech Intelligent Technology (WHST), a high-tech radar specialist company to focus on radar sensors… Continue reading Marelli in a pact with China’s WHST for radar solutions aimed at ADAS and autonomous Driving applications