A renewable fuel formulated by ExxonMobil is to be used in the Porsche Supercup, a support series that will share the billing at 10 Formula 1 grand prix this season. The Esso Renewable Racing Fuel is a blend of biofuels made from hydrogen and captured CO2, and its creators claim that it could lead to a… Continue reading Porsche and ExxonMobil to test synthetic fuel for racing
Tag: Strategy
Lexus LF-Z concept previews brand’s electric future
Lexus has showcased its EV ambitions with the radical LF-Z Electrified concept, which “incorporates driving performance, styling and technologies that Lexus plans to realise” with its next-generation electric cars. The Japanese premium brand was one of the frontrunners in the first wave of electrified production cars. It now aims to build on that heritage by… Continue reading Lexus LF-Z concept previews brand’s electric future
Adient US LLC — Moody’s affirms Adient’s ratings with CFR at B2 and senior secured at Ba3; outlook changed to positive
Rating Action: Moody’s affirms Adient’s ratings with CFR at B2 and senior secured at Ba3; outlook changed to positiveGlobal Credit Research – 29 Mar 2021New York, March 29, 2021 — Moody’s Investors Service (Moody’s) affirmed the ratings of Adient Global Holdings Ltd (Adient) including the corporate family rating (CFR) at B2, the Probability of Default… Continue reading Adient US LLC — Moody’s affirms Adient’s ratings with CFR at B2 and senior secured at Ba3; outlook changed to positive
Adient Global Holdings Ltd — Moody’s affirms Adient’s ratings with CFR at B2 and senior secured at Ba3; outlook changed to positive
Rating Action: Moody’s affirms Adient’s ratings with CFR at B2 and senior secured at Ba3; outlook changed to positiveGlobal Credit Research – 29 Mar 2021New York, March 29, 2021 — Moody’s Investors Service (Moody’s) affirmed the ratings of Adient Global Holdings Ltd (Adient) including the corporate family rating (CFR) at B2, the Probability of Default… Continue reading Adient Global Holdings Ltd — Moody’s affirms Adient’s ratings with CFR at B2 and senior secured at Ba3; outlook changed to positive
Aurora, Volvo are latest partners on self-driving heavy trucks
By Paul Lienert, Hyunjoo Jin 3 Min Read (Reuters) – Global heavy truck manufacturers are lining up technology partners to help build out self-driving systems for long-haul freight that could see widespread commercial service well before self-driving robotaxis. FILE PHOTO: The logo of Volvo is seen on the front grill of a Volvo XC40 SUV… Continue reading Aurora, Volvo are latest partners on self-driving heavy trucks
China Tech Digest: Didi Chuxing Seeking Financing For Its Self-Driving Business; Cainiao Partners With Hong Kong Air Cargo Carrier
Didi Chuxing is seeking financing for its self-driving unit, which is valued at approximately US$6 billion Didi Chuxing is raising new funds for its self-driving unit. According to insider, Didi’s self-driving project raises up to $US500 million, while the company’s valuation is about US$6 billion. The new funds raised will help Didi accelerate the mass… Continue reading China Tech Digest: Didi Chuxing Seeking Financing For Its Self-Driving Business; Cainiao Partners With Hong Kong Air Cargo Carrier
@Daimler: BMW Group and Daimler Mobility join forces with bp as a partner for Digital Charging
Daimler Mobility AG and BMW Group significantly strengthen the customer offering of Digital Charging Solutions GmbH (DCS) by adding bp as the third shareholder with a stake of 33.3%. DCS is a leading developer of digital charging software for automotive manufacturers and vehicle fleet operators. Its in-car software integration provides EV drivers with seamless access… Continue reading @Daimler: BMW Group and Daimler Mobility join forces with bp as a partner for Digital Charging
Volvo partners with Aurora to accelerate the deployment of autonomous transport solutions
GÖTEBORG, Sweden, March 30, 2021 /PRNewswire/ — Volvo Autonomous Solutions has entered a strategic partnership with US-based self-driving company Aurora to jointly develop on-highway autonomous trucks. The agreement signed between Volvo Autonomous Solutions and Aurora is a long-term partnership spanning over several years. The initial focus is on hub-to-hub applications for customers in North America. Automation is… Continue reading Volvo partners with Aurora to accelerate the deployment of autonomous transport solutions
@BMW: BMW Group and Daimler Mobility join forces with bp as a partner for Digital Charging Solutions GmbH, to further accelerate the growth of electrification001020
Daimler Mobility AG and BMW Group significantly strengthen the customer offering of Digital Charging Solutions GmbH (DCS) by adding bp as the third shareholder with a stake of 33.3%. DCS is a leading developer of digital charging software for automotive manufacturers and vehicle fleet operators. Its in-car software integration provides EV drivers with seamless access… Continue reading @BMW: BMW Group and Daimler Mobility join forces with bp as a partner for Digital Charging Solutions GmbH, to further accelerate the growth of electrification001020
@Geely: Kandi Technologies Reports Full Year 2020 Financial Results
– Full year revenue of $76.9 million- Electric Scooters, Electric Self-Balancing Scooters and associated parts sales was $5.8 m, up 160.5% yoy- Full year operating income of $0.8 million, stable with 2019- Year-end working capital surplus of $223 million JINHUA, CHINA, March 30, 2021 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (the “Company,” “we” or… Continue reading @Geely: Kandi Technologies Reports Full Year 2020 Financial Results