New Delhi: Sterling and Wilson Pvt Ltd (SWPL), a Shapoorji Pallonji Group company on Friday announced its entry into the electric mobility segment in India. SWPL has signed a 50-50 joint venture (JV) with Enel X, a subsidiary of Enel Group to launch and create electric charging infrastructure in the Indian sub-continent, the companies said… Continue reading Sterling and Wilson forms JV with Enel X to foray into electric mobility segment in India
Tag: Strategy
Peterborough firm to invest £4m in battery research hub to power UK car industry – Peterborough Telegraph
Paul Bristow and Ranjl Jayawardena, Minister for international trade visiting Photocentric at Peterborough. EMN-200917-145335009 “We have been awarded three different grants to verify the application of our technology in the manufacture of 3D printed batteries and we are working with key industry partners to make this a reality. He added: “Our Government has identified the… Continue reading Peterborough firm to invest £4m in battery research hub to power UK car industry – Peterborough Telegraph
Chinese new energy solutions provider SVOLT closes $541m Series A round
SVOLT Energy Technology, a Chinese developer of electric vehicle (EV) batteries and energy storage solutions, has pocketed a total of 3.5 billion yuan ($540.8 million) in a Series A round of financing. The new round was led by Bank of China Group Investment, a Hong Kong-incorporated direct investment arm of Bank of China (BOC), and… Continue reading Chinese new energy solutions provider SVOLT closes $541m Series A round
@niche: Nikola Corporation Reports Fourth Quarter and Full Year 2020 Results000566
PHOENIX, AZ — February 25, 2021 — Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation solutions, today reported financial results for the quarter and full year ended December 31, 2020. “In the fourth quarter of 2020, Nikola made the necessary changes to refocus and realign the company. You have seen us restructure our… Continue reading @niche: Nikola Corporation Reports Fourth Quarter and Full Year 2020 Results000566
@VW Group: Managing data in the digital era002496
The exponentially increasing power of IT and the emergence and adoption of new technology – such as machine learning, blockchain and the Industrial Internet of Things – is rapidly transforming the automotive landscape. To stay competitive and succeed, car manufacturers have to innovate and compete on multiple fronts simultaneously, including digital technology and services. Porsche’s… Continue reading @VW Group: Managing data in the digital era002496
@Li Auto: Li Auto Inc. Announces Unaudited Fourth Quarter and Full Year 2020 Financial Results
Quarterly total revenues reached RMB4.15 billion (US$635.5 million)1Quarterly deliveries were 14,464 vehiclesQuarterly gross margin reached 17.5%Full year total revenues reached RMB9.46 billion (US$1.45 billion)Full year deliveries were 32,624 vehiclesFull year gross margin reached 16.4%BEIJING, China, Feb. 25, 2021 (GLOBE NEWSWIRE) — Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI), an innovator in China’s… Continue reading @Li Auto: Li Auto Inc. Announces Unaudited Fourth Quarter and Full Year 2020 Financial Results
@Nissan: 2021/02/26 Nissan’s 100% electric motor-driven e-POWER technology reaches global milestone …000241
2021/02/26 YOKOHAMA, Japan – Nissan today announced a breakthrough in engine efficiency, reaching 50% thermal efficiency with its in-development, next generation e-POWER system. Nissan’s e-POWER system utilizes an on-board gasoline engine to provide electrical energy to the e-powertrain battery pack. Nissan’s latest approach to engine development has raised the bar to world-leading levels, accelerating past… Continue reading @Nissan: 2021/02/26 Nissan’s 100% electric motor-driven e-POWER technology reaches global milestone …000241
Nikola Corporation Reports Fourth Quarter and Full Year 2020 Results
PHOENIX, Feb. 25, 2021 /PRNewswire/ — Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation solutions, today reported financial results for the quarter and full year ended December 31, 2020. “In the fourth quarter of 2020, Nikola made the necessary changes to refocus and realign the company. You have seen us restructure our agreement… Continue reading Nikola Corporation Reports Fourth Quarter and Full Year 2020 Results
@Groupe PSA: PR 25 FEBRUARY 2021, THE PEUGEOT LION ROARS LOUDER001267
The world’s oldest surviving Automotive Brand is reaffirming its personality and character with a new logo. It is turning over a new page in its history. On 25 February 2021, PEUGEOT unveiled its new logo: a coat of arms adorned with a magnificent lion’s head.Since 1850, PEUGEOT has had ten successive logos, all of which… Continue reading @Groupe PSA: PR 25 FEBRUARY 2021, THE PEUGEOT LION ROARS LOUDER001267
Suzuki Motor Corp’s five-year plan bullish on growth from India
After celebrating 100 years of its existence in March last year, Japanese auto giant Suzuki Motor Corporation (SMC) has revealed its next five-year mid-term management plan which determines its actionable outlines for growth between April 2021 and March 2026. The company is going to rely on emerging economies like India, which will continue to be… Continue reading Suzuki Motor Corp’s five-year plan bullish on growth from India