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
Tag: Strategy
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
Solving the Plastics Problem: Cox Enterprises Invests in Nexus Fuels
Recent reports by the American Chemistry Council, Plastics News, McKinsey & Company, Inc., and others highlight the urgency of addressing environmental challenges posed by the growth in plastics waste. Nexus proves that plastics can positively meet society’s needs in their original form and then be converted into new products like furniture, home appliances and medical equipment… Continue reading Solving the Plastics Problem: Cox Enterprises Invests in Nexus Fuels
Accelerating the e-mobility transition in India
The Paris Declaration on Electro-Mobility & Climate Change, 2015, was a defining moment in the history of climate action. While acknowledging over 23 percent of the transport sector’s contribution to the world’s energy-related greenhouse gas emission profile, the international covenant resolved to limit global temperature spike to below 2 degree celsius. However, the International Energy Agency… Continue reading Accelerating the e-mobility transition in India
Volkswagen strategy chief Jost quits to focus on building smart boats
By Reuters Staff 2 Min Read FILE PHOTO: A logo of German carmaker Volkswagen is seen on a car parked on a street in Paris, France, July 9, 2020. REUTERS/Christian Hartmann HAMBURG (Reuters) – Volkswagen strategy chief Michael Jost will quit after more than a decade with the group, he said on his website, adding… Continue reading Volkswagen strategy chief Jost quits to focus on building smart boats
Valmet introduces its climate program – Forward to a carbon neutral future
HELSINKI, Finland, March 10, 2021 /PRNewswire/ — Valmet introduces its climate program – Forward to a carbon neutral future – in the company’s Capital Markets Day on March 10, 2021. The program continues Valmet’s comprehensive work for sustainability. Valmet’s climate program includes ambitious CO₂ emission reduction targets and concrete actions for the whole value chain, including… Continue reading Valmet introduces its climate program – Forward to a carbon neutral future
G.M. Will Sell Only Zero-Emission Vehicles by 2035
G.M.’s move appears to follow a pattern by Ms. Barra of responding quickly to changes in the White House. It was Ms. Barra who, in the early days of the Trump administration, met with the new president in the Oval Office and asked him to roll back the tough Obama tailpipe pollution rules. Four years… Continue reading G.M. Will Sell Only Zero-Emission Vehicles by 2035
@McLaren: All-new McLaren Artura will be as compelling to own as it is to drive000092
9 Mar 2021 Comprehensive warranty package of 5-year vehicle, 6-year hybrid battery and 10-year body cover, plus a 3-year service plan as standard1 CO2 emissions of 129 g/km* and fuel economy of 50+mpg* represent ground-breaking efficiency for a supercar, benefiting purchase price and cost of ownership Electric power-only driving range of 30km/19 miles* for zero-emissions motoring… Continue reading @McLaren: All-new McLaren Artura will be as compelling to own as it is to drive000092
MG adds three new dealers in North and East Yorkshire
Three new MG dealerships will open in North and East Yorkshire. The new showrooms are part of the Yorkshire-based Minstergate group, with the MG sites strategically located in York, Hessle and Scarborough. MG Motor is gearing up to increase its network to 130 dealers by the end of 2021, with the three Minstergate sites being… Continue reading MG adds three new dealers in North and East Yorkshire
@VW Group: NEWSROOM: Volkswagen shows off a new way to recycle and reuse EV batteries002576
Mar 9, 2021 Transforming the world to run on electric vehicles will take millions of batteries, and even though the EV revolution has just kicked off, there’s growing questions about how to handle batteries at the end of their useful lives, and where all the materials needed to build new batteries will come from. Earlier… Continue reading @VW Group: NEWSROOM: Volkswagen shows off a new way to recycle and reuse EV batteries002576