DRIVING TO EUROPE: FOTON iBlue EV Truck Obtained EU WVTA Certificate

BEIJING, July 29, 2022 /PRNewswire/ — On July 26, FOTON iBlue EV truck was granted a European Whole Vehicle Type Approval certificate (WVTA) by Germany’s TÜV Rheinland, a leading independent third-party testing, inspection and certification organization, also one of the designated technical services for WVTA. It means that FOTON iBlue EV Truck fully meets the high… Continue reading DRIVING TO EUROPE: FOTON iBlue EV Truck Obtained EU WVTA Certificate

NaaS Technology Inc. Teams with Li Auto to Provide New Smart Charging Services

BEIJING, July 29 2022 /PRNewswire/ — NaaS Technology Inc. (NASDAQ: NAAS, “NaaS” or the “Company”), a leading electric vehicle (“EV”) charging service provider in China, and Li Auto Inc. (“Li Auto”), a leader in China’s new energy vehicle market, recently reached an agreement whereby both parties will utilize their respective capabilities to launch a new smart… Continue reading NaaS Technology Inc. Teams with Li Auto to Provide New Smart Charging Services

Sergey Brin and Elon Musk are Silicon Valley frenemies

I’m sorry for what I’m about to do here, but let’s talk about some divorced men. I think Sergey Brin is attempting to smear his ex-wife, and I think he’s using his history with Elon Musk to do it. Musk allegedly had an affair with Brin’s wife, leading to their divorce. (ALLEGEDLY.) Then, at a… Continue reading Sergey Brin and Elon Musk are Silicon Valley frenemies

Elon Musk sees inflation potentially trending down based on Tesla commodity prices

Elon Musk noted that he believes inflation might finally be trending down based on Tesla commodity prices. The CEO has previously said that he would be waiting for that to start reducing the prices of Tesla vehicles. Over the last few years, the inflation rate has been hitting record highs that we haven’t seen in… Continue reading Elon Musk sees inflation potentially trending down based on Tesla commodity prices

Indian ride-hailing major Ola to slash 1,000 jobs as it sharpens EV focus

SoftBank-backed ride-hailing major Ola is set to slash about 1,000 jobs as it looks to ramp up hiring for its electric mobility business, Ola Electric, The Economic Times reported on Friday. While the company had initially planned to lay off about 400-500 employees, the final figure could go up to 1,000. According to the report,… Continue reading Indian ride-hailing major Ola to slash 1,000 jobs as it sharpens EV focus

SK On secures KRW 2.6 trillion in European battery investment

Financial institutions from Korea and Germany will provide a guarantee and insuranceLoans will be received from overseas commercial banks starting next monthTerms of repayment in equal installments SK On secured KRW 2.62 trillion in funds to establish a large-scale battery plant in Europe. SK On announced on the 28th that it had secured $2 billion… Continue reading SK On secures KRW 2.6 trillion in European battery investment

German Handelsblatt: Automaker: Audi reports record profit – and surpasses Mercedes in return004901

Audi factory in Ingolstadt At Audi, slightly fewer vehicles roll off the assembly line – but the prices per unit are significantly higher. (Photo: Audi) Germany’s premium manufacturers are defying the falling car sales figures. After Mercedes, Audi can also present strong half-year figures on Friday. The Ingolstadt Volkswagen subsidiary has increased its operating result… Continue reading German Handelsblatt: Automaker: Audi reports record profit – and surpasses Mercedes in return004901

ATS Euromaster reveals the best places to camp this summer

LEEDS, England , July 29, 2022 /PRNewswire/ — Camping is booming, with 4.5m Brits going for the first time since the pandemic, according to Mintel*. And new research has now revealed the most popular types of camping as well as Britain’s best secret destinations. Instagram data revealed England is the most popular UK country for glamping, with… Continue reading ATS Euromaster reveals the best places to camp this summer

@niche: Xos, Inc. Announces Second Quarter 2022 Earnings Release Date and Conference Call002049

LOS ANGELES, July 28, 2022 (GLOBE NEWSWIRE) — Xos, Inc. (NASDAQ: XOS), a leading manufacturer of 100% battery-electric Class 5 to Class 8 commercial vehicles, today announced it will release its second quarter 2022 operating results on Thursday, August 11, 2022, after the close of the U.S. financial markets. Management will host a conference call… Continue reading @niche: Xos, Inc. Announces Second Quarter 2022 Earnings Release Date and Conference Call002049

German Handelsblatt: Automaker: Audi reports record profit – but sells fewer cars004898

Audi factory in Ingolstadt At Audi, slightly fewer vehicles roll off the assembly line – but the prices per unit are significantly higher. (Photo: Audi) Audi sold 20 percent fewer cars in the first half of the year, but increased operating profit by 59 percent year-on-year. With 4.9 billion euros, it has reached a record,… Continue reading German Handelsblatt: Automaker: Audi reports record profit – but sells fewer cars004898