The companies announce their intention to bring fast-charging to a dozen U.S. cities as Hertz aims to make one-quarter of its fleet electric by end of 2024. Photo: BP BP announced plans to invest $1 billion by 2030 into electric vehicle (EV) charge points across the U.S., including an intention to bring fast charging infrastructure to Hertz locations in… Continue reading BP to Invest in Charging for Hertz EV Rentals
Tag: Strategy
German Handelsblatt: Car manufacturer: Mercedes-Benz increases profit more than expected – shareholders should benefit006256
Mercedes-Benz-Produktion in Sindelfingen Unter dem Strich verdiente der Stuttgarter Premiumhersteller 14,8 Milliarden Euro. (Foto: dpa) 15 Prozent. So hoch fällt die aufgerundete Umsatzrendite aus, die Mercedes-Benz in seiner dominanten Autosparte im Vorjahr erwirtschaften konnte. Es ist ein Fabelwert in der mehr als 135-jährigen Geschichte der Marke mit dem Stern. Noch nie zuvor war der Dax-Konzern auch… Continue reading German Handelsblatt: Car manufacturer: Mercedes-Benz increases profit more than expected – shareholders should benefit006256
Gallery
HONG KONG, Feb 17 (Reuters) – Tencent Holdings (0700.HK) is abandoning plans to venture into virtual reality hardware, as a sobering economic outlook prompts the Chinese tech giant to cut costs and headcount at its metaverse unit, three sources familiar with the matter said. The world’s largest video game publisher had ambitious plans to build… Continue reading Gallery
BP to buy TravelCenters for $1.3 bln in U.S. fuel retail drive
TravelCenters owns a network of about 281 highway sites across 44 states and offers services beyond fueling. BP will buy truck fueling provider TravelCenters of America Inc for about $1.3 billion, the companies said on Thursday, as the British energy giant seeks to expand its retail network in a bet on biofuels and electric vehicle… Continue reading BP to buy TravelCenters for $1.3 bln in U.S. fuel retail drive
Global supply chain realignment to favour India as a manufacturing hub
With most developed countries adopting a ‘Beyond China’ strategy after experiencing the adversities of logistical challenges and market downturn triggered by the pandemic in 2020, India is fast emerging as a key alternative to become the next global manufacturing destination for the automotive industry. While the country offers a huge advantage in terms of relatively… Continue reading Global supply chain realignment to favour India as a manufacturing hub
Clean Technica: White House Reveals Details About National Network Of EV Chargers (Including Tesla Superchargers)002592
The Biden-Harris Administration yesterday announced its new standards as well as major progress for a “convenient, reliable, and made-in-America” national network of EV chargers. This network is part of a larger effort to accelerate the adoption of EVs, and the Administration says the buildout should catalyze a manufacturing boom. Introducing infrastructure so “the great American… Continue reading Clean Technica: White House Reveals Details About National Network Of EV Chargers (Including Tesla Superchargers)002592
All the essential data from the car world in 2022
Tesla, BYD, Toyota and Mercedes-Benz emerged as the big winners in the global automotive industry last year, as China extended its position as the dominant market for new vehicle sales. The Tesla Model Y proved perfect for exploiting the growing global demand for family-friendly electric transport, while Chinese giant BYD had three models in the global… Continue reading All the essential data from the car world in 2022
@Ford: Automotive Industry Leaders Enterprise and Ford Partner to Expand Collision Engineering Program
Industry Partnership will Address National Collision Technician Shortage and Open the Program’s Seventh U.S. School ST. LOUIS, Jan. 18, 2023 /PRNewswire/ — Enterprise Holdings, through the Enterprise Holdings Foundation, today announced a strategic partnership with Ford Motor Company Fund to support the growth of the industry-leading Collision Engineering Program (CEP). The new industry partnership will expand the CEP to a new college… Continue reading @Ford: Automotive Industry Leaders Enterprise and Ford Partner to Expand Collision Engineering Program
S&P Global Mobility Enhances Data and Product Offerings with Acquisition of Market Scan
Addition of Market Scan’s data and payment calculations strengthens S&P Global Mobility’s Sales Optimization tools, positioning S&P Global Mobility to accelerate in new growth markets SOUTHFIELD, Mich., Feb. 16, 2023 /PRNewswire/ — S&P Global Mobility has announced the acquisition of Market Scan Information Systems, Inc., a leading provider of automotive pricing and incentive intelligence, including… Continue reading S&P Global Mobility Enhances Data and Product Offerings with Acquisition of Market Scan
E INC Names Lisa Scott President of EBlock
Scott and her leadership team will unify EBlock into a single marketplace bringing land and technology together. TORONTO, Feb. 16, 2023 /PRNewswire/ – E Automotive Inc. d/b/a E INC (TSX: EINC) (the “Company” or “E INC”) and EBlock, an E INC brand, today announced changes to their leadership team, promoting Lisa Scott from Chief Revenue… Continue reading E INC Names Lisa Scott President of EBlock