STOCKHOLM, Sept. 12, 2023 /PRNewswire/ — ARC Group proudly announces our $1.5 million investment in UNITI, the Electric Vehicle (EV) company set to redefine the urban car market. Since its founding in 2016, UNITI has garnered extensive attention for its innovative vision of a small urban car manufactured and distributed differently than conventional vehicles. UNITI was founded… Continue reading ARC Group invests US $1.5 million in Swedish/Singaporean Electric Vehicle company UNITI
Tag: Manufacturing
Opening the First Flagship Store in Morocco, Yadea Officially Enters the North Africa Market
CASABLANCA, Morocco, Sept. 12, 2023 /PRNewswire/ — Yadea, the world’s leading electric two-wheeler brand, makes another giant step in its ever-increasing path of internationalization by announcing the opening of the first Yadea official flagship store in Morocco on September 22nd and 23rd. The store will be located in 110 avenue du 2 mars, Casablanca. To… Continue reading Opening the First Flagship Store in Morocco, Yadea Officially Enters the North Africa Market
RBSL AWARDS £6M SUBCONTRACT TO QUANTIC THISTLE FOR NEXT GENERATION SENSORS ON CHALLENGER 3
EDINBURGH, United Kingdom, Sept. 12, 2023 /PRNewswire/ — An £6m subcontract has been awarded to Quantic Thistle, to supply encoders for the British Army’s upgraded Challenger 3 Main Battle Tank (MBT). The contract ensures the British Army’s Challenger 3 will have reliable and highly accurate sensors ensuring the effectiveness of the main armament. Under the… Continue reading RBSL AWARDS £6M SUBCONTRACT TO QUANTIC THISTLE FOR NEXT GENERATION SENSORS ON CHALLENGER 3
Electromobility: Concern about job cuts at VW in the Zwickau electric car plant
Sales of electric cars at Volkswagen are not going as planned. The company is apparently considering job cuts and a reduction in shifts. (VW, Electric car) Go to Source
Beijing blasts ‘protectionist’ EU probe as China EV stocks slip
Summary Companies Investigation ramps up EU-China tensions Probe will set tone for upcoming bilateral talks China’s EV market share in Europe has been growing Analysts warn of China retaliation if EU levies tariffs China says EU probe is protectionist SHANGHAI/BEIJING Sept 14 (Reuters) – Beijing on Thursday blasted the launch of a probe by the… Continue reading Beijing blasts ‘protectionist’ EU probe as China EV stocks slip
Ramping up: Volvo starts serial production of electric trucks in Ghent
GOTHENBURG, Sweden, Sept. 14, 2023 /PRNewswire/ — Volvo Trucks ramps up electric truck volumes and starts serial production of heavy battery electric trucks at the Ghent factory in Belgium. This means that electric Volvo trucks are now built in four factories – three in Europe and one in… Go to Source
H2 Green Steel collaborates with Volvo Group for supply of near zero emissions steel
STOCKHOLM, Sept. 14, 2023 /PRNewswire/ — As commercial vehicles increasingly run on electrified solutions, reducing the emissions when the product is in use, the environmental footprint from the supply network and production becomes increasingly important. Since steel is one of the main input materials in the manufacturing of trucks, buses and construction machines, a shift… Continue reading H2 Green Steel collaborates with Volvo Group for supply of near zero emissions steel
H2 Green Steel collaborates with Volvo Group for supply of near zero emissions steel
STOCKHOLM, Sept. 14, 2023 /PRNewswire/ — As commercial vehicles increasingly run on electrified solutions, reducing the emissions when the product is in use, the environmental footprint from the supply network and production becomes increasingly important. Since steel is one of the main… Go to Source
Tata Motors says 20% of revenues to come from EVs in FY24, on course for profitable path
Tata Motors, the country’s largest electric car maker is on course to generate close to a fifth of its turnover from electric vehicles in FY24. This would mean that the company may cross US$1.3-1.5 billion in annual turnover or Rs 10,000 to Rs 12,000 crore, and inch towards profitability, as the brand moves towards its target… Continue reading Tata Motors says 20% of revenues to come from EVs in FY24, on course for profitable path
Citroen C5 Aircross
If you’re looking for an allegory for the C5 Aircoss, consider this: if you nudge the windscreen wiper stalk down for a one-flick wipe of the screen, you also activate – or deactivate, if they were on – the automatic wipers. So to give the windscreen a one-flick wipe but revert to the original automatic… Continue reading Citroen C5 Aircross