22 January 2021 #SMMT News SMMT reaction to announcement on building additional battery production in the UK Mike Hawes, SMMT Chief Executive, said The news that the UK will be home to additional battery production in the North East is hugely positive and an essential step in the transformation of the automotive sector to electric… Continue reading SMMT reaction to announcement on building additional battery production
Tag: Strategy
@VW Group: Audi more than fulfilled the CO2 fleet targets for Europe in 2020
Audi has more than fulfilled its CO2 fleet target for Europe in 2020 on the basis of preliminary figures. With a calculated average of 101.5 g/km, the company lay well below the legally required value of 105.6 g/km. This result corresponds to an improvement of around 20 percent compared to the average of the previous… Continue reading @VW Group: Audi more than fulfilled the CO2 fleet targets for Europe in 2020
SK Innovation Enters Electric Vehicle Battery Swap Business in China
SK Innovation has decided to join hands with BAIC Group and enter electric vehicle (EV) battery swap business in China.The company announced on Thursday that it has acquired a minority stake of 13.3% in “BPSE (Blue Park Smart Energy Technology)”, which is a subsidiary of BAIC Group specializing in battery swap service, and secured a… Continue reading SK Innovation Enters Electric Vehicle Battery Swap Business in China
Elon Musk’s plan to dig car tunnels under Miami is filled with holes
One more tunnel should do it. Photo: Miami Herald/Tribune News Service via Getty Images Last weekend, Elon Musk claimed that he’d had a conversation with Florida Governor Ron DeSantis about his Boring Company project, which builds very short, very small tunnels for cars. “Cars & trucks stuck in traffic generate megatons of toxic gases &… Continue reading Elon Musk’s plan to dig car tunnels under Miami is filled with holes
@VW Group: Porsche provides start-up investor APX with additional capital
01/21/2021 Porsche is expanding its role in the growing digital start-up sector. Together with media and tech company Axel Springer, the two are significantly increasing the total investment amount available to their joint venture, APX. With the additional capital, the Berlin-based investor will now be able to fund new and existing portfolio companies with a… Continue reading @VW Group: Porsche provides start-up investor APX with additional capital
@VW Group: Marc Lichte: “Aesthetics arise from efficiency”
“The most beautiful car I have ever drawn.” Marc Lichte, Head of Audi Design, chose these words in the fall of 2018, when the brand presented the Audi e-tron GT concept as a show car in Los Angeles. Two years later, the first fully electric gran turismo from Audi is about to celebrate its premiere… Continue reading @VW Group: Marc Lichte: “Aesthetics arise from efficiency”
New Renault 5 to be built in same French factory as original
The new Renault 5 EV is set to be produced at the firm’s Douai factory in northern France, where the original version of the supermini was built. Renault will revive the 5 name for an all-new electric hatchback that’s set to go into production in 2023 as a key part of a bold revival plan designed… Continue reading New Renault 5 to be built in same French factory as original
Hyundai becomes third OEM to invest in Israel’s UVeye
Israel-based UVeye, a developer of automated vehicle-inspection systems, has secured strategic investments from Hyundai Motor Company and several other investors to accelerate the company’s global expansion plans. The company counts Volvo and Toyota Motor Corporation among its early backers. The company has raised more than $40 million (Rs 296 crore) from carmakers and other strategic… Continue reading Hyundai becomes third OEM to invest in Israel’s UVeye
Porsche launches interactive showroom in Delhi
Porsche is strengthening its presence with the opening of a new, interactive showroom concept in Delhi, the first of its kind in India. Porsche Studio Delhi joins the line-up of exclusive locations around the world to embrace an innovative retail environment that enables the sports car manufacturer to interact with a wide spectrum of target… Continue reading Porsche launches interactive showroom in Delhi
Stellantis management: More than the sum of PSA and FCA’s parts – Automotive News Europe
On the regional side, there is a shuffling of responsibilities compared with PSA (five regional chiefs) and FCA (four). Mike Manley, the former FCA CEO, becomes head of Americas – but sits on the Strategic and Performance committee. The heads of North America (Mark Stewart) and South America (Antonio Filosa) sit below him, as regional… Continue reading Stellantis management: More than the sum of PSA and FCA’s parts – Automotive News Europe