Ford CEO says US needs to regulate automated driving systems

Detroit – The CEO of America’s second-largest auto company is calling for the federal government to set standards for fully or partially automated vehicles to tighten the safety of electronic driving systems. In urging federal regulation, Ford CEO Jim Farley becomes the highest-profile auto executive to publicly recognize a need to more closely monitor the emerging… Continue reading Ford CEO says US needs to regulate automated driving systems

Daimler Truck ‘all in’ on green energy as it targets costs

Daimler AG sign is pictured at the IAA truck show in Hanover, Germany, September 22, 2016. REUTERS/Fabian Bimmer/File Photo/File Photo Daimler Truck aims to cut costs and boost profit across all regions by 2025 as it goes “all in” for electric and hydrogen fuel cell powered vehicles, the world’s largest truck and bus maker said… Continue reading Daimler Truck ‘all in’ on green energy as it targets costs

Daimler Trucks to cut costs, raise margins in all regions by 2025

Daimler AG sign is pictured at the IAA truck show in Hanover, Germany, September 22, 2016. REUTERS/Fabian Bimmer/File Photo/File Photo Daimler Truck aims to cut costs and boost profit across all regions by 2025 as it goes “all in” for electric and hydrogen fuel cell powered vehicles, the world’s largest truck and bus maker said… Continue reading Daimler Trucks to cut costs, raise margins in all regions by 2025

@Geely: Kandi Technologies Reports First Quarter 2021 Financial Results

–Revenue of $16 million, +151% y/y– –Working Capital of $244 million— JINHUA, China, May 10, 2021 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ GS: KNDI), today announced financial results for the first quarter of 2021. First Quarter Highlights Total revenues increased by 150.7% to $16.0 million, from $6.4 million… Continue reading @Geely: Kandi Technologies Reports First Quarter 2021 Financial Results

@Geely: Kandi Technologies Completes Jinhua Manufacturing Exit Inspection

–Progress Toward Final Payment of $22.7 million– Jinhua, China, April 20, 2021 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (“the Company”, “we” or “Kandi”) (NASDAQ: KNDI) today announced that it completed all work necessary to vacate the property associated with its legacy manufacturing plant in the Jinhua Economic and Technological Development Zone. Accordingly, the Development… Continue reading @Geely: Kandi Technologies Completes Jinhua Manufacturing Exit Inspection

@Geely: Kandi Technologies to Report Full Year 2020 Financial Results and Hold a Conference Call on March 30, 2021

JINHUA, China, March 25, 2021 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the “Company” or “Kandi”) announced today that it will report its full year 2020 financial results on Tuesday, March 30, 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 Full Year 2020 Financial Results and Hold a Conference Call on March 30, 2021

@Geely: Kandi Unveils K32 Premium Fully Enclosed Electric 4WD Utility Terrain Vehicles in Hainan Factory

JINHUA, CHINA, May 24, 2021 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ GS: KNDI), today unveiled five prototypes of its new K32 Utility Terrain Vehicle (“UTV”), producedat its factory in Hainan, China. The K32 is a premium UTV, featuring pure electric four-wheel-drive propulsion and a fully enclosed cockpitwith air… Continue reading @Geely: Kandi Unveils K32 Premium Fully Enclosed Electric 4WD Utility Terrain Vehicles in Hainan Factory

Ford CEO Jim Farley Says US Needs to Regulate Automated Driving Systems – Gadgets 360

The CEO of America’s second-largest auto company is calling for the federal government to set standards for fully or partially automated vehicles to tighten the safety of electronic driving systems. In urging federal regulation, Ford CEO Jim Farley becomes the highest-profile auto executive to publicly recognise a need to more closely monitor the emerging technology,… Continue reading Ford CEO Jim Farley Says US Needs to Regulate Automated Driving Systems – Gadgets 360

Automakers to up fuel cell vehicle production

Visitors check out a hydrogen fuel cell bus at the 2021 Shanghai auto show, held from April 19-28. [Photo by Long Wei/For China Daily] Hydrogen seen as legitimate clean power source to complement hybrids, full electrics Carmakers in China and abroad are stepping up efforts to build hydrogen fuel cell vehicles, which are thought could… Continue reading Automakers to up fuel cell vehicle production

Waymo Eyes Raising Up to $4 Billion as Leaders’ Exits Sow Doubts

(Bloomberg) — Waymo is talking to outside investors about raising as much as $4 billion in additional capital to fuel its self-driving efforts. And the company has discussed plans to eventually list publicly, spinning out from its parent Alphabet Inc., according to people familiar with the plans. But Waymo must first quell concerns about a… Continue reading Waymo Eyes Raising Up to $4 Billion as Leaders’ Exits Sow Doubts