Electric Sports Utility Vehicle (e-SUV) Market to grow by USD 83,748.62 million from 2022 to 2027| 33% of the market growth to originate from APAC – Technavio

NEW YORK, Aug. 3, 2023 /PRNewswire/ — The electric sports utility vehicle (e-SUV) market size is expected to grow by USD 83,748.62 million during 2022-2027, progressing at a CAGR of 25.19% as per the latest Technavio market research report. APAC will account for 33% of the market’s overall growth. China and India are the major contributing countries to the regional… Continue reading Electric Sports Utility Vehicle (e-SUV) Market to grow by USD 83,748.62 million from 2022 to 2027| 33% of the market growth to originate from APAC – Technavio

German Manager Magazin: BMW: share collapses, Oliver Zipse disappoints with free cash flow002647

The Munich carmaker bmw is more confident about its financial year in view of the full order books. The company raised its profitability forecast and also expects more deliveries. However, BMW is bracing for headwinds in the second half and lowered its cash flow guidance. This was not initially well received on the stock exchange:… Continue reading German Manager Magazin: BMW: share collapses, Oliver Zipse disappoints with free cash flow002647

German Handelsblatt: Auto industry: BMW is quietly and secretly becoming an electric pioneer007412

BMW zählt in der Autoindustrie zu den wenigen Herstellern, die noch kein fixes Datum für ein Verbrenner-Aus genannt haben. Stattdessen sollen Diesel- und Benzinmotoren den Autobauer bis ins nächste Jahrzehnt tragen. Sogar an neuen Sechs- und Achtzylindern arbeiten die Münchener.Umso erstaunlicher ist BMWs derzeitige Elektroquote. Diese liegt mit 12,6 Prozent im ersten Halbjahr so hoch… Continue reading German Handelsblatt: Auto industry: BMW is quietly and secretly becoming an electric pioneer007412

EV Rivals Join Dominant Tesla Supercharger Network

Tesla forced slumbering automakers to get into the electric game. Now, in an ultimate twist on “If you can’t beat ’em, join ’em,” Tesla is backing them into joining its dominant public charging network in America. In a stunning repudiation of the Combined Charging System (CCS) network—whose scattershot reliability has rankled EV owners or left… Continue reading EV Rivals Join Dominant Tesla Supercharger Network

Cummins Reports Strong Second Quarter 2023 Results

COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) today reported results for the second quarter of 2023. Second quarter revenues of $8.6 billion increased 31 percent from the same quarter in 2022. Sales in North America increased 31 percent and international revenues increased 32 percent due to the addition of Meritor and strong demand across most global… Continue reading Cummins Reports Strong Second Quarter 2023 Results

German Handelsblatt: Auto industry: BMW is quietly and secretly becoming an electric pioneer007409

BMW zählt in der Autoindustrie zu den wenigen Herstellern, die noch kein fixes Datum für ein Verbrenner-Aus genannt haben. Stattdessen sollen Diesel- und Benzinmotoren den Autobauer bis ins nächste Jahrzehnt tragen. Sogar an neuen Sechs- und Achtzylindern arbeiten die Münchener.Umso erstaunlicher ist BMWs derzeitige Elektroquote. Diese liegt mit 12,6 Prozent im ersten Halbjahr so hoch… Continue reading German Handelsblatt: Auto industry: BMW is quietly and secretly becoming an electric pioneer007409

German Handelsblatt: Digital road maps: “One throws more money after lost money”: Audi, BMW and Mercedes give Here another million007407

Maps for autonomous driving Measuring the world with millimeter precision is an expensive undertaking. (Photo: Corbis/Getty Images) High-resolution road maps are regarded as a key component so that one day cars will be able to handle city traffic completely autonomously. The German premium car manufacturers Audi, BMW and Mercedes-Benz therefore bought a majority stake in… Continue reading German Handelsblatt: Digital road maps: “One throws more money after lost money”: Audi, BMW and Mercedes give Here another million007407

German Handelsblatt: Digital road maps: “One throws more money after lost money”: Audi, BMW and Mercedes give Here another million007407

Maps for autonomous driving Measuring the world with millimeter precision is an expensive undertaking. (Photo: Corbis/Getty Images) High-resolution road maps are regarded as a key component so that one day cars will be able to handle city traffic completely autonomously. The German premium car manufacturers Audi, BMW and Mercedes-Benz therefore bought a majority stake in… Continue reading German Handelsblatt: Digital road maps: “One throws more money after lost money”: Audi, BMW and Mercedes give Here another million007407

SIAM drives circular economy with an extended producer responsibility seminar

In order to drive a circular economy, the Society of Indian Automobile Manufacturers (SIAM), the apex automotive industry body, organised a seminar on ‘Achieving Circularity in the Automotive Industry through Extended Producer Responsibility (EPR)’. The seminar emphasised how effective EPR implementation can contribute to an Aatmanirbhar Bharat, Circular Economy, Decarbonisation, LiFE (Lifestyle for Environment), and achieve… Continue reading SIAM drives circular economy with an extended producer responsibility seminar

@niche: Workhorse Group Expands California Presence, Adding Western Truck Exchange as its Latest Certified Dealer002857

Workhorse Group, Inc. CINCINNATI, Aug. 02, 2023 (GLOBE NEWSWIRE) — Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero emission commercial vehicles, today announced it has engaged Western Truck Exchange (“WTE”) as its latest certified electric vehicle (“EV”) dealer, expanding its existing California presence… Continue reading @niche: Workhorse Group Expands California Presence, Adding Western Truck Exchange as its Latest Certified Dealer002857