Tag: Electric vehicles

Tesla’s Chinese Battery Maker Is Scoping Out Factory Sites in Mexico

(Bloomberg) — China’s Contemporary Amperex Technology Co. Ltd., the world’s biggest maker of batteries for electric vehicles, is considering at least two locations in Mexico for a manufacturing plant to potentially supply Tesla Inc. and Ford Motor Co. Most Read from Bloomberg The battery manufacturer is considering Ciudad Juarez, in the state of Chihuahua, and… Continue reading Tesla’s Chinese Battery Maker Is Scoping Out Factory Sites in Mexico

German Handelsblatt: Porsche: Germany’s most profitable car manufacturer polishes up for the stock market004747

Porsche will Investoren den für das Jahresende geplanten Börsengang schmackhaft machen – und zwar mit einem starken Wachstum und mehr Unabhängigkeit von der Konzernmutter Volkswagen. „Porsche befindet sich in einer einzigartigen Marktposition“, sagte Vorstandschef Oliver Blume am Montag auf einem Investorentag.Einerseits biete Porsche Exklusivität und verbinde dabei Luxus mit Sport. Mit einer Jahresfertigung von 300.000… Continue reading German Handelsblatt: Porsche: Germany’s most profitable car manufacturer polishes up for the stock market004747

The Station: Restructuring ripples and the next investor darling of the EV era

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. I’m dubbing… Continue reading The Station: Restructuring ripples and the next investor darling of the EV era

Global Automotive Aftermarket Report 2022-2026: As OEMs Embrace Customer-Oriented Approach, Dynamics in Aftermarket Market Likely to Change

DUBLIN, July 18, 2022 /PRNewswire/ — The “Automotive Aftermarket – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering. Global Automotive Aftermarket Market to Reach $542.1 Billion by 2026 Amid the COVID-19 crisis, the global market for Automotive Aftermarket estimated at US$438.8 Billion in the year 2020, is projected to reach a revised… Continue reading Global Automotive Aftermarket Report 2022-2026: As OEMs Embrace Customer-Oriented Approach, Dynamics in Aftermarket Market Likely to Change

Continental signs MoU with IIT-Palakkad

Continental’s Technical Center India (TCI) and Indian Institute of Technology (IIT) Palakkad have signed a Memorandum of Understanding for a three-year joint research programme. By collaborating on autonomous driving technologies, connected mobility, and advanced safety solutions, Continental and IIT-Palakkad can utilise the technical expertise of Continental and the academic expertise of IIT-Palakkad. To benefit IIT-Palakkad… Continue reading Continental signs MoU with IIT-Palakkad

Rolls-Royce, Hyundai partner for electric and hydrogen propulsIon tech for aircraft

L-R: Warren East, CEO of Rolls-Royce and Euisun Chung, Chairman of Hyundai Motor Group. Rolls-Royce and Hyundai Motor Group are to collaborate on bringing all-electric propulsion and hydrogen fuel cell technology to the Advanced Air Mobility (AAM) market. The partnership will leverage Rolls-Royce’s aviation and certification capabilities and Hyundai Motor Group’s hydrogen fuel cell technologies… Continue reading Rolls-Royce, Hyundai partner for electric and hydrogen propulsIon tech for aircraft

Mahindra Electric’s 50,000th milestone

The Mahindra Group’s last-mile mobility arm, Mahindra Electric Mobility (MEML), has celebrated the milestone of 50,000 electric 3-wheeler customers. Mahindra Electric began its electric 3-wheeler journey with the e Alfa Mini in 2017 and has since launched the Treo, Treo Yaari, Treo Zor, and e Alfa Cargo. Suman Mishra, CEO MEML said, “It is indeed a… Continue reading Mahindra Electric’s 50,000th milestone

Ola to invest Rs 4,000 crore in Battery Innovation Centre in Bengaluru

Ola Electric has announced a big-ticket investment of US$ 500 million (Rs 3994.5 crore) to set up a state-of-the-art Battery Innovation Center (BIC) in Bangalore. The company claims “BIC will be one of the world’s largest and most advanced cell R&D facilities with more than 165 unique and cutting-edge lab equipment to cover all aspects… Continue reading Ola to invest Rs 4,000 crore in Battery Innovation Centre in Bengaluru

Rare Tech Stock Winner in India Taps Niche Demand for EV Design

(Bloomberg) — Strong demand for niche design services used in making electric vehicles has helped one Indian technology company’s stock surge by more than a third this year, even as inflation concerns have battered the sector globally. Most Read from Bloomberg Shares of Tata Elxsi Ltd. have jumped 37% in 2022, topping a gauge of… Continue reading Rare Tech Stock Winner in India Taps Niche Demand for EV Design