2021-03-11 | Herzogenaurach/Stuttgart Schaeffler joins STARTUP AUTOBAHN and establishes a partner network to develop market-ready innovations more rapidly This network includes more than 30 partners and 30,000 startups Uwe Wagner: “STARTUP AUTOBAHN is perfect for Schaeffler and is an important milestone in our innovation strategy.” Schaeffler is a new “anchor partner” to the Stuttgart-based STARTUP… Continue reading Schaeffler becomes an anchor partner for STARTUP AUTOBAHN
Tag: Strategy
GM partners with startup SolidEnergy Systems to pack more energy in its batteries
GM’s venture arm invested in battery startup SolidEnergy Systems five years ago. Now, GM is tapping the MIT spinout to help it pack more energy into its batteries, the latest in a string of moves by the automaker aimed at accelerating its shift to electric vehicles. GM president Mark Reuss, who announced the partnership Thursday… Continue reading GM partners with startup SolidEnergy Systems to pack more energy in its batteries
South Africa’s FlexClub adds $5M to seed round to scale its car subscription marketplace
The traditional process of buying, insuring and financing cars across emerging markets can be challenging, and it defeats the purpose of building an all-around car shopping experience. Today, FlexClub, a South African company, has been provided with $5 million to improve drivers’ experience in these markets. FlexClub was founded in 2019 by Marlon Gallardo, Rudolf… Continue reading South Africa’s FlexClub adds $5M to seed round to scale its car subscription marketplace
@Groupe PSA: PR ECO-MOBILITY ACCORDING TO PEUGEOT: THE “POWER OF CHOICE” STRATEGY001357
By 2040, almost 5 billion men and women will live in cities. Making the urban space “sustainable” is one of the main challenges of the 21st century, and the aspiration of creating “sustainable cities” is shared among all city dwellers. Factors such as air quality, the growth of e-commerce and home delivery, as well as… Continue reading @Groupe PSA: PR ECO-MOBILITY ACCORDING TO PEUGEOT: THE “POWER OF CHOICE” STRATEGY001357
Volkswagen CEO aims to approach pre-crisis levels in 2021: ThePioneer
By Reuters Staff 2 Min Read FILE PHOTO: Volkswagen group CEO Herbert Diess delivers a speech during a visit to the SEAT (Volkswagen group) carmaker’s factory in Martorell, near Barcelona, March 5, 2021. REUTERS/Albert Gea FRANKFURT (Reuters) – Volkswagen targets pre-crisis levels in key performance indicators this year, Chief Executive Herbert Diess told German media… Continue reading Volkswagen CEO aims to approach pre-crisis levels in 2021: ThePioneer
@Renault: RENAULT: Renault Retail Group redefines its business model in France000186
PRESS RELEASE Renault Retail Group redefines its business model in FranceAs part of its plan to change the scope of consolidation announced in 2020, Renault Retail Group (RRG) is resizing its activities in France this year.The plan calls for the sale of eight dealerships to reliable and robust purchasers while preserving jobs.In a radically changing… Continue reading @Renault: RENAULT: Renault Retail Group redefines its business model in France000186
@Mitsubishi: MITSUBISHI MOTORS to Procure OEM-models from Renault for Europe
TOKYO, Mar 10, 2021 – (JCN Newswire) – As announced by the Alliance, MITSUBISHI MOTORS CORPORATION (MMC) has decided to procure two OEM-model vehicles for Europe from an Alliance member, Groupe Renault. MMC will introduce them to selected markets in Europe through its sales network, aiming for 2023. The specific OEM-models and market selection are… Continue reading @Mitsubishi: MITSUBISHI MOTORS to Procure OEM-models from Renault for Europe
Geely taps Foxconn’s playbook to build EVs for other carmakers
BEIJING — Geely, China’s largest private-sector automaker, has taken the first step toward becoming the Foxconn of electric vehicles. Geely and Foxconn, the Taiwanese Apple assembler, are establishing a 50-50 joint venture that will manufacture whole electric vehicles for clients as well as parts. Just like Foxconn did with iPhones, Geely will pursue an economy… Continue reading Geely taps Foxconn’s playbook to build EVs for other carmakers
Chinese EV startups’ sales accelerate despite pressure from Tesla
HONG KONG — China’s emerging electric vehicle brands have reported strong sales and narrowed losses last year despite Tesla’s aggressive pricing strategy to gain customers in the world’s largest auto market. While overall car sales have declined for three consecutive years in China due to a slowing economy, sales of electric vehicles are still growing… Continue reading Chinese EV startups’ sales accelerate despite pressure from Tesla
Volkswagen hikes battery cell demand in aggressive EV expansion
By Jan Schwartz, Christoph Steitz 2 Min Read Slideshow ( 2 images ) FRANKFURT (Reuters) – Volkswagen requires about 300 gigawatt hours (GWh) worth of battery cells a year by the end of the decade for its ambitious roll out of electric vehicles in Europe, two people familiar with the matter told Reuters. The supply… Continue reading Volkswagen hikes battery cell demand in aggressive EV expansion