New VW cars in Kaluga The state-of-the-art factory is considered to be VW’s most important asset in Russia. (Photo: Reuters) The VW Group is selling its most important factory in Russia and is completely withdrawing from the country for the time being. The plant in Kaluga will be sold to the Avilon trading group, the… Continue reading German Handelsblatt: Car manufacturer: Volkswagen withdraws completely from Russia006955
Tag: Manufacturing
Hosting Its Fifth International Customers Festival, XCMG Machinery Advances the Roadmap of Internationalization and Sustainable Development by Highlighting Intelligent Transformation and New Energy Products
XUZHOU, China, May 18, 2023 /PRNewswire/ — XCMG Machinery (“XCMG”, SHE:000425) has opened its fifth International Customers Festival (the “Festival”) recently in Xuzhou, China, lining up flagship products and innovative intelligent solutions to celebrate the Group’s milestone achievements with global customers, partners, industry experts, and media throughout the seven-day global event. The first Festival was… Continue reading Hosting Its Fifth International Customers Festival, XCMG Machinery Advances the Roadmap of Internationalization and Sustainable Development by Highlighting Intelligent Transformation and New Energy Products
The Fifth WCIFIT Opens in Chongqing, with Record-high Exhibitors from 40 Countries, Regions
CHONGQING, China, May 18, 2023 /PRNewswire/ — A news report from iChongqing – Chongqing – The Fifth Western China International Fair for Investment and Trade (WCIFIT) Opening Ceremony and the 2023 CCI-ILSTC International Cooperation Forum commenced in Southwest China’s Chongqing on May 18. Continue Reading The ten gigabit Ethernet switching chip developed by China Aerospace Science and… Continue reading The Fifth WCIFIT Opens in Chongqing, with Record-high Exhibitors from 40 Countries, Regions
Paradise Vietnam Group unveils Paradise Delight dining cruise featuring exclusive visual spectacle show on Halong Coast
HA LONG, Vietnam, May 18, 2023 /PRNewswire/ — Paradise Vietnam Group – the upmarket cruise line and leader in world-class maritime tourism – is thrilled to announce the launch of the Paradise Delight dining cruise at the end of April. Featuring exquisite fine dining and a visual spectacle show, the Paradise Delight cruise is designed exclusively for international tourists… Continue reading Paradise Vietnam Group unveils Paradise Delight dining cruise featuring exclusive visual spectacle show on Halong Coast
@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
@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
Greenland Technologies Reports First Quarter 2023 Unaudited Financial Results
– 1Q23 Gross Margin Improves 320 Basis Points Year-over-Year- Cash and Cash Equivalents Rises 125% Year-over-Year to $15.4 Million EAST WINDSOR, N.J., May 19, 2023 /PRNewswire/ — Greenland Technologies Holding Corporation (NASDAQ: GTEC) (“Greenland” or the “Company”), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today… Continue reading Greenland Technologies Reports First Quarter 2023 Unaudited Financial Results
Tata Group inclined towards UK over Spain for JLR EV battery plant: Report
The United Kingdom (UK) is close to clinching a deal with the Tata Group, as the owner of Jaguar Land Rover (JLR) is leaning towards the country over Spain, according to a report by Bloomberg. The India-headquartered Tata Group is currently inclined towards establishing a battery factory in the UK after the government has offered the conglomerate… Continue reading Tata Group inclined towards UK over Spain for JLR EV battery plant: Report
Tata Group inclined towards UK over Spain for JLR EV battery plant: Report
The United Kingdom (UK) is close to clinching a deal with the Tata Group, as the owner of Jaguar Land Rover (JLR) is leaning towards the country over Spain, according to a report by Bloomberg. The India-headquartered Tata Group is currently inclined towards establishing a battery factory in the UK after the government has offered the conglomerate… Continue reading Tata Group inclined towards UK over Spain for JLR EV battery plant: Report