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SAN FRANCISCO, Nov 3 (Reuters) – Tesla’s (TSLA.O) dominant market share of the electric vehicle market in California slipped again this year, according to Reuters’ calculations based on government data from January to September, as rivals up their game. Tesla controlled 73% of the battery electric market in California from January to September, the lowest… Continue reading Gallery

Elon Musk Meeting With Advertisers, Begging Them Not to Leave Twitter

Advertisers are fleeing Twitter in droves now that Tesla and SpaceX CEO Elon Musk has taken over control. Ever since officially closing the $44 billion deal, Musk has been busy gutting the company’s executive suite and dissolving its board. Senior executives, as well as Twitter’s advertising chief Sarah Personette, have departed as well. After all,… Continue reading Elon Musk Meeting With Advertisers, Begging Them Not to Leave Twitter

German car sales climb in October but remain weak

Carmakers’ sales were boosted by big order backlogs, which they were slowly working through as supply issues eased. German car sales rose in October, official data showed Thursday, but analysts were still pessimistic as soaring prices and recession fears clouded the outlook. Around 208,000 new cars were registered last month, the KBA federal transport authority… Continue reading German car sales climb in October but remain weak

Charging stations for EVs set up in Delhi Cantt area

He urged everyone to contribute towards the eco-friendly initiatives to maintain an emission free environment, a bounden duty mankind has towards future generations. New Delhi: Charging points for electric vehicles were inaugurated at Delhi Cantonment by Lt General Dhiraj Seth, general officer commanding of the area, on Wednesday. Power discom Tata Power Delhi Distribution Limited… Continue reading Charging stations for EVs set up in Delhi Cantt area

@Groupe PSA: PR Third Quarter 2022 Shipments and Revenues004651

Stellantis Reports Strong Growth in Q3 2022 Net Revenues, Up 29% Full-Year Guidance Confirmed  Net revenues reached €42.1 billion, up 29% compared to Q3 2021, mainly reflecting higher volumes, continued strong net pricing and favorable FX translation effects Consolidated shipments(1) of 1,281k units, up 13% y-o-y, primarily due to improvement in semiconductor order fulfillment versus… Continue reading @Groupe PSA: PR Third Quarter 2022 Shipments and Revenues004651

@BMW: Statement Dr Nicolas Peter, Member of the Board of Management of BMW AG, Finance, Conference Call Quarterly Report to 30 September 2022002383

Good morning, Ladies and Gentlemen. The BMW Group delivered a solid performance in the third quarter of 2022. In a highly volatile global business environment, we can look back on a successful quarter. Sales totalled just under 588,000 vehicles – on par with the strong prior-year quarter. The EBIT margin in the Automotive Segment came in at… Continue reading @BMW: Statement Dr Nicolas Peter, Member of the Board of Management of BMW AG, Finance, Conference Call Quarterly Report to 30 September 2022002383

@BMW: BMW Group remains on track for success as transformation continues002382

In an uneven economic environment, the BMW Group once again delivered a strong operating performance in the third quarter. Its solid financial key figures are evidence of the company’s economic success in the face of rising raw material and energy costs.“Compelling products are the best answer to a challenging environment. They give us stability in… Continue reading @BMW: BMW Group remains on track for success as transformation continues002382

@BMW: Statement Dr Nicolas Peter, Member of the Board of Management of BMW AG, Finance, Conference Call Quarterly Report to 30 September 2022002386

Good morning, Ladies and Gentlemen. The BMW Group delivered a solid performance in the third quarter of 2022. In a highly volatile global business environment, we can look back on a successful quarter. Sales totalled just under 588,000 vehicles – on par with the strong prior-year quarter. The EBIT margin in the Automotive Segment came… Continue reading @BMW: Statement Dr Nicolas Peter, Member of the Board of Management of BMW AG, Finance, Conference Call Quarterly Report to 30 September 2022002386

@BMW: BMW Group remains on track for success as transformation continues002383

Munich. In an uneven economic environment, the BMW Group once again delivered a strong operating performance in the third quarter. Its solid financial key figures are evidence of the company’s economic success in the face of rising raw material and energy costs. “Compelling products are the best answer to a challenging environment. They give us… Continue reading @BMW: BMW Group remains on track for success as transformation continues002383

Japan’s GS Yuasa to jump on EV battery bandwagon

KYOTO, Japan — GS Yuasa will enter the market for electric-vehicle batteries as early as next year, President Osamu Murao told Nikkei, shifting focus from hybrids to follow the industry’s global pivot to fully electric models. The Japanese battery maker recently formed a department for the project, bringing in engineers from its hybrid and plug-in… Continue reading Japan’s GS Yuasa to jump on EV battery bandwagon