Volvo Group – the fourth quarter and full year 2020

GÖTEBORG, Sweden, Feb. 3, 2021 /PRNewswire/ — “In 2020, the global pandemic presented us with challenges that are unprecedented in modern times. Together with business partners and suppliers, we supported our customers through all stages of the crisis. We handled dramatic fluctuations in demand while taking decisive steps forward towards tomorrow’s fossil-free transport system. We… Continue reading Volvo Group – the fourth quarter and full year 2020

Ford vehicles will be powered by Google’s Android operating system

Millions of Ford and Lincoln-branded vehicles will be powered by Android operating system beginning in 2023 as part of a six-year partnership announced Monday that will bring embedded Google apps and services to drivers. Ford and Google said as part of the partnership they will establish a new collaborative group called Team Upshift that will… Continue reading Ford vehicles will be powered by Google’s Android operating system

EV startup Faraday Future seeks $1bn in backdoor Nasdaq listing

Faraday Future, a California-based electric-vehicle startup founded by fugitive Chinese tech entrepreneur Jia Yueting, is seeking to go public on the Nasdaq stock exchange and raise around $1 billion by merging with a special purpose acquisition corporation (SPAC). The troubled EV startup said Thursday that it is merging with SPAC Property Solutions and expects to… Continue reading EV startup Faraday Future seeks $1bn in backdoor Nasdaq listing

New Toyota tech unit promises world’s safest drive

By Eimi Yamamitsu 3 Min Read FILE PHOTO: The logo of Toyota carmaker is seen on a car in Nice, France, April 8, 2019. REUTERS/Eric Gaillard/File Photo TOKYO (Reuters) – Toyota Motor Corp unveiled its Woven Planet research unit at a virtual media event on Friday, promising to deliver the world’s “safest mobility” as competition… Continue reading New Toyota tech unit promises world’s safest drive

@Geely: Kandi Contracts to Sell 3,000 EVs to Rideshare Partner

Jinhua, China, Jan. 28, 2021 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the “Company” or “Kandi”) announced today that one of its subsidiaries, Kandi Electric Vehicles (Hainan) Co., Ltd. (Kandi Hainan) signed a contract to sell 3,000 model K23 electric cars to an operating company in its ride-sharing alliance. The cars will… Continue reading @Geely: Kandi Contracts to Sell 3,000 EVs to Rideshare Partner

Faraday Future is going public and raising $1 billion

Faraday Future is going to become a publicly traded company on the Nasdaq stock exchange and is raising around $1 billion in the process. The troubled EV startup announced Thursday that it is indeed merging with special purpose acquisition corporation (or SPAC) Property Solutions, as first reported by Bloomberg earlier this month. About $230 million… Continue reading Faraday Future is going public and raising $1 billion

@Geely: Thu 28 Jan 2021Matt Windle appointed MD Lotus CarsFollowing the news today that Phil Popham is to step down from his position at Lotus, the company co…

(Hethel, UK – 28 January 2021) – Following the news today that Phil Popham is to step down from his position at Lotus, the company confirms that Matt Windle, Executive Director, Engineering, is the newly appointed Managing Director, Lotus Cars. Welcoming Matt into his new role, Phil Popham said: “Matt is an excellent fit for… Continue reading @Geely: Thu 28 Jan 2021Matt Windle appointed MD Lotus CarsFollowing the news today that Phil Popham is to step down from his position at Lotus, the company co…