STUTTGART, Germany, Feb. 18, 2021 /PRNewswire/ — Financial results 2020 significantly better than expected amid COVID-19 challenges Net profit increased by 48% to €4.0 billion (2019: €2.7 billion) Net liquidity of the industrial business of €17.9 billion (end of Q3 2020: €13.1 billion/end of 2019: €11.0 billion) Dividend proposed of €1.35 per share (2019: €0.90)… Continue reading Daimler confident for 2021
Tag: Strategy
Robert Bosch Venture Capital invests in Recogni’s Series B funding round
About RBVC GmbH Robert Bosch Venture Capital GmbH (RBVC) is the corporate venture capital company of the Bosch Group, a leading global supplier of technology and services. RBVC invests worldwide in innovative start-up companies at all stages of their development. Its investment activities focus on technology companies working in areas of business of current and… Continue reading Robert Bosch Venture Capital invests in Recogni’s Series B funding round
UK bus and coach registrations decline -32.0% as Covid hits 2020 market
Demand for new buses and coaches drops -32.0% in 2020, with 3,996 vehicles joining UK roads. Single-deck registrations, down -58.7% to 755 units, drive overall decline. Year started with growth in Q1 but ends with Q4 down -35.4% to 1,221 units as pandemic hits market. Sector calls for promised funding and bus strategy to be… Continue reading UK bus and coach registrations decline -32.0% as Covid hits 2020 market
China’s Great Wall to kick-start Thai sales with focus on EVs
BANGKOK — Chinese automaker Great Wall Motor will make an official entry into Thailand, Southeast Asia’s largest car market, this year with a focus on electrified cars to break the stranglehold of Japanese brands, which together hold nearly 90% of the market share. Executives of the company met Thai Prime Minister Prayuth Chan-ocha on Monday… Continue reading China’s Great Wall to kick-start Thai sales with focus on EVs
Hyzon Motors and Hiringa Energy advance partnership to decarbonize heavy road transport in New Zealand
ROCHESTER, N.Y., Feb. 17, 2021 /PRNewswire/ — Hyzon Motors Inc. (“Hyzon”) and New Zealand’s Hiringa Energy (“Hiringa”) are pleased to announce the two companies have signed a vehicle supply agreement, with Hyzon commissioned to build and supply Hiringa with zero emission Heavy Goods Vehicles (HGV). The hydrogen fuel cell-powered trucks, to be assembled at Hyzon’s facility in… Continue reading Hyzon Motors and Hiringa Energy advance partnership to decarbonize heavy road transport in New Zealand
Proterra to supply battery for Volta Trucks
Volta Trucks, the full-electric commercial vehicle manufacturer, has selected Proterra, a leading innovator in commercial vehicle electrification technology, as the battery supplier for the Volta Zero. The Volta Zero is the world’s first purpose-built, full-electric 16-tonne commercial vehicle designed specifically for inner city freight distribution. This significant contract completes Volta Trucks’s strategic sourcing of the… Continue reading Proterra to supply battery for Volta Trucks
@Ford: Ford Europe Goes All-In On EVs On Road To Sustainable Profitability; Cologne Site Begins $1 Billion Transformation
Ford says by mid-2026, 100% of its passenger vehicle range in Europe will be zero-emissions capable, all-electric or plug-in hybrid; moving to all-electric by 2030 Ford’s commercial vehicle range in Europe also will be 100% zero-emissions capable, all-electric or plug-in hybrid, by 2024; two-thirds of commercial vehicle sales expected to be all-electric or plug-in hybrid… Continue reading @Ford: Ford Europe Goes All-In On EVs On Road To Sustainable Profitability; Cologne Site Begins $1 Billion Transformation
@Daimler: The EQC now even more attractive: new base model, new sports version
Extended model range, extensive equipment Stuttgart. Mercedes-EQ is expanding the model range of its successful electric SUV: the EQC 400 4MATIC (combined power consumption: 21.5 kWh/100 km, combined CO2 emissions: 0 g/km[1]) is now available as a base model which is identically configured throughout Europe and therefore especially attractively priced from €66,068.80[2]. The new EQC… Continue reading @Daimler: The EQC now even more attractive: new base model, new sports version
@Mitsubishi: MITSUBISHI MOTORS Launches the Refreshed PAJERO SPORT in Indonesia
TOKYO, Feb 17, 2021 – (JCN Newswire) – MITSUBISHI MOTORS CORPORATION (MMC) continues to expand its product portfolio by launching the refreshed PAJERO SPORT1 mid-size SUV in Indonesia. Inheriting the PAJERO series’ off-road capability, reliability and durability, the PAJERO SPORT fuses elegance and comfort. The latest model is designed with a more refined, powerful exterior… Continue reading @Mitsubishi: MITSUBISHI MOTORS Launches the Refreshed PAJERO SPORT in Indonesia
Martinrea International Inc. Announces Additional Strategic Investment in NanoXplore Inc. and Filing of Early Warning Report
TORONTO, Feb. 16, 2021 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX: MRE) (“Martinrea” or the “Company”) announced today it filed an early warning report in connection with the acquisition by Martinrea pursuant to a private purchase agreement of an aggregate of 1,000,000 common shares of NanoXplore Inc. (“NanoXplore”) for an aggregate purchase price of $4,000,000… Continue reading Martinrea International Inc. Announces Additional Strategic Investment in NanoXplore Inc. and Filing of Early Warning Report