@Geely: Kandi Technologies to Report Second Quarter 2021 Financial Results and Hold a Conference Call on August 9, 2021

Jinhua, China, Aug. 03, 2021 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the “Company” or “Kandi”) announced today that it will report its second quarter 2021 financial results on Monday, August 9, 2021, before the U.S. stock market open. The Company has scheduled a conference call and live webcast to discuss its financial… Continue reading @Geely: Kandi Technologies to Report Second Quarter 2021 Financial Results and Hold a Conference Call on August 9, 2021

Lloyd Motor Group buys York JLR dealership from Inchcape

Lloyd Motor Group has bought the Jaguar Land Rover dealership in York from Inchcape for an undisclosed sum. The acquisition increases the number of Lloyd Jaguar Land Rover retailers to six, with York joining Ripon Land Rover, Carlisle Land Rover, Kelso Land Rover and Carlisle Jaguar. Lloyd Motor Group, founded in 1976, operates in twenty-nine… Continue reading Lloyd Motor Group buys York JLR dealership from Inchcape

Hino and Isuzu race for electric trucks as Chinese rivals encroach

TOKYO — Isuzu Motors and Hino Motors are making forays into no-emission light trucks next year as Japan trails other major automobile markets in embracing electrified fleets. The Japanese commercial vehicle producers are eyeing business with shipping and logistics companies while fighting the growing presence of Chinese rivals, which offer competitive prices. Hino intends to roll… Continue reading Hino and Isuzu race for electric trucks as Chinese rivals encroach

Bengaluru: Automated driving test track likely in Devanahalli

Transport officials said they are planning ADTCs in each district. While they are operational in Mysuru, Kalaburagi and Shivamogga, construction is on in Hassan, Dharwad, Raichur, Mangaluru and Belagavi. “We plan to set up ADTCs in Ballari, Gadag, Madikeri, Hospet, Chikkodi, Kolar and Udupi,” said Holkar. BENGALURU: Following a PIL in the high court exposing… Continue reading Bengaluru: Automated driving test track likely in Devanahalli

SVOLT Energy Closes 10.28 Billion RMB B Round Financing in Less Than 5 Months

This round of financing was led by Bank of China Group Investment (BOCGI), followed by the Sub-funds of National Fund for Technology Transfer and Commercialization, Country Garden Venture Capital, Shenzhen Capital Group(SCGC), CCB Investment, IDG Capital, Sany, Xiaomi Corporation, Oceanpine Capital, CHINA RENAISSANCE among others. Original shareholders, including SDIC and JZ Capital, significantly increased their… Continue reading SVOLT Energy Closes 10.28 Billion RMB B Round Financing in Less Than 5 Months

China’s CATL unveils sodium-ion battery as EV popularity rises

BEIJING (Reuters) — China’s CATL on Thursday became the first major automotive battery maker to unveil a sodium-ion battery, saying it planned to set up a supply chain for the new technology in 2023. As electric vehicles become increasingly popular, demand for key battery ingredients, particularly cobalt, has spiked. That has spurred car and battery… Continue reading China’s CATL unveils sodium-ion battery as EV popularity rises

Visteon Announces Second-Quarter 2021 Results

Sales of $610 million; 59% increase Y/Y excluding currency Net loss of $11 million Adjusted EBITDA of $30 million, a Y/Y increase of $33 million Net cash position of $115 million at the end of Q2 First-half new business wins of $3.2 billion Industry’s largest all-digital cluster multi-region program with global OEM Continued global growth… Continue reading Visteon Announces Second-Quarter 2021 Results

@Geely: Geely Auto Establishes Global Strategic Partnership with Inchcape

Geely Auto and Inchcape to jointly explore Business Expansion in South America Initial focus on Chilean market with subsequent markets to be explored in due course. 2021 July 26th, Hangzhou, China/London, UK. China’s leading privately owned car brand, Geely Auto and the world’s largest independent automotive retailer, Inchcape Group, formally established a global strategic partnership… Continue reading @Geely: Geely Auto Establishes Global Strategic Partnership with Inchcape

Scania Interim Report January-June 2021

SÖDERTÄLJE, Sweden, July 28, 2021 /PRNewswire/ — The recovery has continued during the second quarter of 2021 and both order intake and deliveries rose sharply compared to the previous year. Summary of the first six months of 2021   Net sales increased by 28 percent to SEK 74,776 m. (58,469) Operating income increased by 246 percent… Continue reading Scania Interim Report January-June 2021

Audi to drop A1 in Europe as tougher tailpipe rules dent small-car profits – Automotive News

The acknowledgement comes as automakers start to question their small-car strategies in response to more stringent European Union regulations on tailpipe emissions July 25, 2021 01:00 AM {{ source.title }} {{title}} {{ abstract }} read more {{/main_image_url}} {{^main_image_url}} {{ source.title }} {{title}} {{ abstract }} read more {{/main_image_url}} {{/content}} ]]> Audi will discontinue the A1… Continue reading Audi to drop A1 in Europe as tougher tailpipe rules dent small-car profits – Automotive News