@Daimler: Strategy Update: Mercedes Benz Vans to further strengthen its position as the leading manufacturer

The business unit leverages its strong competitive advantage thanks to its diversified portfolio and resilient business model and premium strategy Focusing on the Top-End segments and the most profitable use cases of the different light commercial vehicle industries The roll-out of the new purpose-built Vans Electric Architecture (VAN.EA) will secureMercedes-Benz Vans’ lead in electric drive… Continue reading @Daimler: Strategy Update: Mercedes Benz Vans to further strengthen its position as the leading manufacturer

@Daimler: With VAN.EA – a modular and scalable purpose-built EV architecture

Starting 2026, all newly developed midsize and large vans of Mercedes‑Benz will be built on VAN.EA Three modules allow for a clear differentiation between private luxury vans and premium commercial vans as well as for maximum synergies Lead in Electric: Mercedes‑Benz Vans targets an EV share of up to 20% by 2026 and more than 50%… Continue reading @Daimler: With VAN.EA – a modular and scalable purpose-built EV architecture

China’s Car Buyers Have Fallen Out of Love With Foreign Brands

For years, foreign automakers in China had a bead on customers drawn to luxury brands, like the Cao family in Shanghai. Not anymore. Ben Cao and his wife, Rachel, both 36, are trading down from two Porsches to one, a gasoline-fueled $290,000 Porsche 911 sports car, and buying their first electric vehicle, a $70,000 sport… Continue reading China’s Car Buyers Have Fallen Out of Love With Foreign Brands

Automakers Face Test in Reaching U.S. Target for Electric Vehicles

The Biden administration’s plan to accelerate the adoption of electric vehicles — reaching a two-thirds share of new cars in less than a decade — pushes automakers further in a direction they have already been going. But meeting the new timetable will be a challenge. Most car companies are convinced that a transition to electric… Continue reading Automakers Face Test in Reaching U.S. Target for Electric Vehicles

Tesla shareholders elect former CTO, co-founder JB Straubel to board

JB Straubel is officially back at Tesla — this time as a board member. The former Tesla CTO and co-founder was elected by shareholders Tuesday as an independent board of director. A crowd of Tesla shareholders, who were at the company’s Gigafactory Texas in Austin for the event, cheered when the initial results were read… Continue reading Tesla shareholders elect former CTO, co-founder JB Straubel to board

Automotive Manufacturing Equipment Market worth $11.4 billion by 2028 – Exclusive Report by MarketsandMarkets™

CHICAGO, May 12, 2023 /PRNewswire/ — The global automotive manufacturing equipment market is expected to grow from USD 6.7 billion in 2023 to USD 11.4 billion by 2028, at a CAGR of 11.1% from 2023 to 2028 according to a new report by MarketsandMarkets™. Enhancing cost competitiveness through automation in developed countries and growing adoption of Industry… Continue reading Automotive Manufacturing Equipment Market worth $11.4 billion by 2028 – Exclusive Report by MarketsandMarkets™

Yadea High-performance E-mobility Won German 2023 Red Dot Awards and the iF DESIGN AWARDs

HONG KONG, May 12, 2023 /PRNewswire/ — Yadea (01585.HK), a global leading brand of developing and manufacturing two-wheeler electric vehicles, won four international product design awards, namely two Red Dot Awards and two iF DESIGN AWARDs. After winning IDEA awards in 2022, Yadea became a winner brand again. The winners are Yadea E-motorcycle KEENESS, Yadea… Continue reading Yadea High-performance E-mobility Won German 2023 Red Dot Awards and the iF DESIGN AWARDs

Zoomlion Exhibits Intelligent Products and Digitalization Achievements in Zoomlion Smart Industrial City

CHANGSHA, China, May 12, 2023 PRNewswire/– Zoomlion Heavy Industry Science & Technology Co., Ltd. (“Zoomlion”) is hosting a technological achievements exhibition themed “Technology Salute to the New Era” from May 11 to 14 in the Zoomlion Smart Industrial City (the “City”) in Changsha, Hunan Province, showcasing its achievements in intelligent manufacturing, intelligent product development, and digital… Continue reading Zoomlion Exhibits Intelligent Products and Digitalization Achievements in Zoomlion Smart Industrial City

JOINT STATEMENT – Greek Defence Industry Receives Major Boost Through Production of Advanced Drone Technologies in Greece

A New Partnership between Hellenic Defence Systems (EAS) and Global Aerospace and Technology company, Paramount Presents Game-Changer for Greek UAV Market ATHENS, Greece, May 12, 2023 /PRNewswire/ — Greek state defence company, Hellenic Defence Systems (EAS) and Paramount Industries Greece have signed a strategic partnership for the local production of next generation, long-range loitering munitions,… Continue reading JOINT STATEMENT – Greek Defence Industry Receives Major Boost Through Production of Advanced Drone Technologies in Greece

Global Micro-Mobility Market Report 2023: Increasing Demand for Public Transportation Drives Growth

DUBLIN, May 16, 2023 /PRNewswire/ — The “Micro-Mobility Global Market Report 2023” report has been added to  ResearchAndMarkets.com’s offering. This report provides strategists, marketers and senior management with the critical information they need to assess the market. The global micro-mobility market is expected to grow from $43.85 billion in 2022 to $52.31 billion in 2023… Continue reading Global Micro-Mobility Market Report 2023: Increasing Demand for Public Transportation Drives Growth