The decision about new plug-ins has been made. Now it’s time to prepare the charging infrastructure Fiat Chrysler Automobiles (FCA) announced an agreement with two European utilities – Enel X and ENGIE to jointly develop and offer a comprehensive charging offer for plug-in electric cars. The deal with Enel X concerns Italy, Spain and Portugal… Continue reading Fiat Chrysler To Partner With Enel X And ENGIE In Europe For Charging
Tag: Strategy
Edited Transcript of CON.DE earnings conference call or presentation 2-Mar-17 8:30am GMT
Full Year 2016 Continental AG Earnings Press Conference Hanover Jun 12, 2019 (Thomson StreetEvents) — Edited Transcript of Continental AG earnings conference call or presentation Thursday, March 2, 2017 at 8:30:00am GMT TEXT version of Transcript ================================================================================ Corporate Participants ================================================================================ * Elmar Degenhart Continental Aktiengesellschaft – Chairman of the Executive Board & CEO * Wolfgang… Continue reading Edited Transcript of CON.DE earnings conference call or presentation 2-Mar-17 8:30am GMT
Northvolt Raises $1 Billion: Announces JV With Volkswagen
Northvolt raised €900 million for its first lithium-ion cell gigafactory in Sweden and together with Volkswagen, plans a 50/50 JV for a second gigafactory in Germany June 12, 2019 was a big day for Northvolt, which completed a huge €900 million ($1 billion) equity capital raise, led by Volkswagen Group and Goldman Sachs Merchant Banking… Continue reading Northvolt Raises $1 Billion: Announces JV With Volkswagen
The dealers will lose more than 3,000 jobs in 2019
The president of Faconauto asks the government to put an end to the “imbalance” between manufacturers and sellers. Spanish car dealers will lose more than 3,000 jobs due to the drop in sales in almost 100,000 registrations in 2019, according to the president of the Federation of Associations of Automotive Dealers (Faconauto), Gerardo Pérez. The… Continue reading The dealers will lose more than 3,000 jobs in 2019
France’s Le Maire to meet Renault chairman, says Nissan alliance priority
France’s Finance Minister Bruno Le Maire answers a question during a news conference of the G20 finance ministers and central bank governors meeting in Fukuoka, Japan June 9, 2019. Toshifumi Kitamura/Pool via REUTERS PARIS (Reuters) – French Finance Minister Bruno Le Maire said on Thursday a Fiat Chrysler-Renault merger remained an “interesting opportunity” but added… Continue reading France’s Le Maire to meet Renault chairman, says Nissan alliance priority
Hyundai and Kia Invest in Aurora
Hyundai and Kia Invest in Aurora Aurora TeamBlockedUnblockFollowFollowing Jun 12 Partnership continues development on self-driving platforms and services powered by the Aurora Driver Hyundai’s flagship fuel cell vehicle NEXO integrated with the Aurora Driver Today we’re pleased to announce that our existing partner Hyundai Motor Group, which includes Hyundai Motor Company and Kia Motors Corporation, has invested… Continue reading Hyundai and Kia Invest in Aurora
BMW Group continues to grow sales and market share in May
Munich. May was a positive month for BMW Group sales, with worldwide deliveries increasing by 3.2% to achieve a total of 210,563 premium BMW, MINI and Rolls-Royce vehicles sold. This brings the company’s total sales for the year-to-date to 1,012,093, an increase of 0.8% compared with the first five months of last year. This sales… Continue reading BMW Group continues to grow sales and market share in May
Hyundai and Kia Announce Investment in Aurora
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Investment expected to strengthen existing partnershipCompanies to collaborate on autonomous vehicle platforms and services powered by the Aurora Driver Hyundai Motor Group (the Group) and Aurora Innovation Inc. today announced that Hyundai Motor Company and Kia Motors Corporation have invested in Aurora to accelerate development of autonomous vehicle technologies. The move will strengthen the strategic partnership formed between the companies in 2018, under which Hyundai, Kia, and Aurora have been collaborating on self-driving technologies on Hyundai’s flagship fuel cell vehicle NEXO. With the new investment, the companies have agreed to expand research to a wide range of models and to build an optimal platform for Hyundai and Kia’s autonomous vehicles. “Aurora is the leading innovator of self-driving technology and we look forward to building a stronger collaborative partnership with them,” said Youngcho Chi, President and Chief Innovation O..
Hyundai takes minority stake in self-driving car startup Aurora
Hyundai Motor Group has invested in Aurora, the latest sign that the scope of the year-old partnership between the automaker and self-driving car startup has expanded. Aurora and Hyundai didn’t disclose terms of the investment. However, picking part new details of its Series B funding round and speaking to sources within the industry, Hyundai’s investment… Continue reading Hyundai takes minority stake in self-driving car startup Aurora
Are Toyota’s Latest EV Moves For Real?
We’d love to believe Toyota is being sincere In a comprehensive post by InsideEVs own Mark Kane, we reported last week that Toyota announced that they were pushing up their electification plans by 5 years, and now expect to have “electrified’ versions of all of their offerings by 2025. Toyota EV news That news followed a… Continue reading Are Toyota’s Latest EV Moves For Real?