As environmental legislation becomes more stringent around the world, light weighting metal is a critical component that will allow original equipment manufacturers (OEMs) in the automotive sector to continue and meet emission targets. The desire for lighter cars directly affects weight and fuel consumption, improving mileage and lowering CO2 emissions. This was the view of… Continue reading ‘Automotive lightweighting is nothing but rightweighting’
Tag: Electric vehicles
Chinese battery giant CATL’s profit jumps as it ramps up output
SHANGHAI (Reuters) — China’s CATL 300750.SZ, the world’s largest electric vehicle (EV) battery maker, said on Friday its third-quarter profit nearly tripled year-on-year, buoyed by rapid expansion in production to power the growth of EVs worldwide. CATL, whose clients include Tesla TSLA.O, Volkswagen VOWG.DE and BMW BMWG.DE, booked a net profit of 9.4 billion yuan… Continue reading Chinese battery giant CATL’s profit jumps as it ramps up output
Apple’s head of hardware design is leaving the company after three years
Apple’s main replacement for Jony Ive is leaving. The company has confirmed to Bloomberg that industrial design head Evans Hankey is departing after three years. There’s no named replacement as of this writing, but Hankey will reportedly remain in her position for six months as part of a transition. Alan Dye, who took the software… Continue reading Apple’s head of hardware design is leaving the company after three years
Apple’s M1 MacBook Air drops to $799, plus the rest of the week’s best tech deals
All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission. All prices are correct at the time of publishing. The week is nearing its end, which means… Continue reading Apple’s M1 MacBook Air drops to $799, plus the rest of the week’s best tech deals
Treasury U-turns add further challenges for company car fleets
Fleet stakeholders are demanding urgent policy clarity from the government, claiming the policy U-turns of new chancellor Jeremy Hunt are fuelling uncertainty for company car drivers and fleet managers. Monday’s announcement reversed most of the tax changes set out in the ‘growth plan’ of former chancellor Kwasi Kwarteng less than a month ago, hoping to… Continue reading Treasury U-turns add further challenges for company car fleets
Don’t waste your money on these Apple products: October 2022 edition
Getty Images Apple has been busy updating most of its best-sellers — everything from the iPhone, to the AirPods Pro, to the Apple Watch, to the iPad and iPad Pro. So much new stuff to get excited over, ready to empty your wallet. That said, there are still Apple products that you should avoid, either… Continue reading Don’t waste your money on these Apple products: October 2022 edition
Total Energies and Valeo partner to innovate battery cooling in EVs
Global multi-energy company Total Energies and Valeo have announced that they have signed an agreement to develop an innovative way of cooling electric vehicle batteries using a new, very high-performance dielectric fluid. The two companies claim not only would this innovation improve the way electric vehicles are used, but it would also reduce their carbon footprint.… Continue reading Total Energies and Valeo partner to innovate battery cooling in EVs
Ricardo opens state-of-the-art hydrogen test facility in the UK
Ricardo, a global strategic, environmental, and engineering consulting company, has officially opened its hydrogen test facility at its headquarters in Shoreham-by-Sea, UK. The facility has been designed to leverage and extend Ricardo’s capabilities and expertise in building expertise in zero emissions mobility solutions. It will form part of a global centre of excellence for hydrogen,… Continue reading Ricardo opens state-of-the-art hydrogen test facility in the UK
Nio stock bounces, even after Tesla CEO Elon Musk says China seeing ‘burst of recession’
The U.S.-listed shares of China-based Nio Inc. gained 0.1% in afternoon trading Thursday, after closing the previous session at the lowest price since July 2020, despite the 6.7% selloff in rival electric vehicle maker Tesla Inc.’s stock after disappointing third-quarter results. Meanwhile, shares of fellow China-based EV makers XPeng Inc. climbed 3.9% after closing Wednesday… Continue reading Nio stock bounces, even after Tesla CEO Elon Musk says China seeing ‘burst of recession’
Tesla Stock Vs. BYD Stock: TSLA Skids On Earnings; ‘Real Challenger’ Sees Soaring Profit
The Wall Street Journal Tesla Stock Price Declines After Soft Outlook Shares of Tesla fell Thursday after the electric-vehicle maker [cut its full-year growth expectations.](https://www.wsj.com/articles/tesla-tsla-q3-earnings-report-2022-11666139620?mod=hp_lead_pos1) The shares were recently down about 7%. On Wednesday afternoon, the company released its third-quarter results, reporting nearly $3.3 billion in profit on $21.5 billion of revenue. That revenue marked… Continue reading Tesla Stock Vs. BYD Stock: TSLA Skids On Earnings; ‘Real Challenger’ Sees Soaring Profit