Toyota aims to derail Australia’s EV strategy – they won’t have it

Toyota is at it again. The automaker’s Australian leader reiterated that Toyota would not be going all-electric despite the federal government’s recent initiatives to boost EV adoption, cut emissions from passenger vehicles, and improve the overall well-being of Australians. Less than two weeks ago, Australia’s government introduced its new National Electric Vehicle Strategy, consisting of… Continue reading Toyota aims to derail Australia’s EV strategy – they won’t have it

Tesla’s slight price increase results in a discount on new inventory

Tesla has implemented a very small price increase on Model 3 and Model Y. It’s so small that it’s hard to explain, but it does result in a discount on new inventory vehicles. After consistently and gradually increasing its electric vehicle prices over the last two years, Tesla has started bringing those prices down in… Continue reading Tesla’s slight price increase results in a discount on new inventory

Ford posts stellar first quarter, boosted by fleet and legacy truck divisions

DETROIT — Ford Motor on Tuesday reported first-quarter results that significantly topped Wall Street’s estimates, as the automaker’s fleet and legacy operations outweighed growing losses in electric vehicles. Despite the significant beat, Ford maintained its previously announced 2023 guidance, and the stock ticked lower in extended trading. related investing news Ford finance chief John Lawler… Continue reading Ford posts stellar first quarter, boosted by fleet and legacy truck divisions

Ford cutting price of electric Mustang Mach-E by thousands of dollars

Ford Mustang Mach-E is presented at the New York International Auto Show, in Manhattan, New York City, April 5, 2023. David Dee Delgado | Reuters DETROIT – Ford Motor is once again cutting the starting prices of its electric Mustang Mach-E by thousands of dollars, as the automaker increases production of the crossover and reopens… Continue reading Ford cutting price of electric Mustang Mach-E by thousands of dollars

Tesla hikes prices in U.S., China and other markets after multiple cuts

Visitors check a Tesla Model 3 car next to a Model Y displayed at a showroom of the U.S. electric vehicle (EV) maker in Beijing, China February 4, 2023. Florence Lo | Reuters Tesla hiked the price of several cars in key markets, including the U.S. and China, after a number of cuts this year.… Continue reading Tesla hikes prices in U.S., China and other markets after multiple cuts

Ford cuts Mustang Mach-E prices across lineup, reopens order banks

Ford Motor Co. on Wednesday will reopen order banks for the Mustang Mach-E — again lowering prices on the battery-electric crossover amid signals that an EV price war is brewing. The Dearborn automaker is reducing pricing across the Mach-E lineup by as much as $4,000, bringing the lowest-priced model, the select rear-wheel-drive standard range, down… Continue reading Ford cuts Mustang Mach-E prices across lineup, reopens order banks

Triman Holdings Rebrands As Blue Raven Solutions

Blue Raven Solutions, which includes Triman Industries and Crestwood Technology Group (CTG), Offers Differentiated, Tech-Enabled Supply Chain Management Solutions Supporting the Global Military Aftermarket MORRISTOWN, N.J., May 1, 2023 /PRNewswire/ — Triman Holdings, LLC, a leader in supply chain management solutions across the global military aftermarket, today announced it has rebranded  as Blue Raven Solutions (“Blue… Continue reading Triman Holdings Rebrands As Blue Raven Solutions

The Rising Demand For Electric Vehicles Is Expected To Drive Growth In The Microcontroller Market At A CAGR Of More Than 13% – By The Business Research Company

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032 LONDON, May 1, 2023 /PRNewswire/ — As per The Business Research Company’s microcontroller market forecast, the global microcontroller market size will grow from $19.5 billion in 2022 to $22.1 billion in 2023… Continue reading The Rising Demand For Electric Vehicles Is Expected To Drive Growth In The Microcontroller Market At A CAGR Of More Than 13% – By The Business Research Company

J&T Express Vietnam helps local craft villages expand their reach

HUE CITY, Vietnam, April 28, 2023 /PRNewswire/ — Global logistics service provider J&T Express today announced the signing of a Memorandum of Understanding (MOU) with Hue City, Thua Thien Hue province, to collaborate on developing the local logistics industry and accelerating its digital transformation. As part of the company’s strategy to enhance its global ESG… Continue reading J&T Express Vietnam helps local craft villages expand their reach

Hyundai Mobis CEO Sung-hwan Cho introduced mobility platform provider strategy at the 44th Vienna International Motor Symposium

Dr. Cho elaborated on the “mobility platform provider” strategy at the 44th Vienna International Motor Symposium.  He presented the business expansion strategy being applied on new growth areas, such as UAM, robotics, and PBVs. Dr.  Cho said, “Advancement of the mobility technology will improve the quality of life and values of people.” VIENNA and SEOUL,… Continue reading Hyundai Mobis CEO Sung-hwan Cho introduced mobility platform provider strategy at the 44th Vienna International Motor Symposium