By Christian Prenzler Posted on April 25, 2018 Santa Clara based electric vehicle startup SF Motors is opening up a new full-scale R&D center in Silicon Valley. SF Motors was founded in January 2016 after a large investment from Sokon Motors, a large Chinese automotive company. The company’s new 130,000 sqft research and development facility… Continue reading SF Motors set sights on EV mass production with latest R&D testing facility
Tag: Strategy
GO Motor Retailing Limited acquires 4 Vauxhall sites in London from NOW Motor Retailing
GO Motor Retailing Limited acquires 4 Vauxhall sites in London from NOW Motor Retailing 2018-05-02 GO Motor Retailing Limited (GMRL), trading as GO Vauxhall, has acquired 4 additional Vauxhall sites from NOW Motor Retailing in Kingston, Heathrow, Hayes and Staples Corner. The sites will transition into the existing GO Vauxhall London portfolio and will grow… Continue reading GO Motor Retailing Limited acquires 4 Vauxhall sites in London from NOW Motor Retailing
Daimler has plan in case new Chinese shareholder turns hostile
Li Shufu, founder of Geely and owner of Volvo, acquired 9.7 percent of Daimler in February. BEIJING — Daimler has a back-up plan in place to protect itself from any unsolicited takeover bid should its new Chinese investor turn unexpectedly hostile. Li Shufu, founder of Geely and owner of Volvo Cars, acquired 9.7 percent of… Continue reading Daimler has plan in case new Chinese shareholder turns hostile
Aptiv Reports Record First Quarter 2018 Financial Results And Raises Full Year Outlook
DUBLIN, May 2, 2018 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a global technology company enabling the future of mobility, today reported first quarter 2018 U.S. GAAP earnings from continuing operations of $1.15 per diluted share. Excluding special items, first quarter earnings from continuing operations totaled $1.29 per diluted share. First Quarter Highlights Include : Revenue of… Continue reading Aptiv Reports Record First Quarter 2018 Financial Results And Raises Full Year Outlook
Press Releases – First-ever CO2 standards for trucks must reflect market diversity, EU truck industry says
Brussels, 2 May 2018 – Ahead of the publication later this month of the European Commission’s proposal on CO2 emissions standards for heavy-duty vehicles, the European Automobile Manufacturers’ Association (ACEA) calls for an ambitious yet realistic approach. ACEA welcomes the introduction of these first-ever EU CO2 standards for trucks, which are part of a broader… Continue reading Press Releases – First-ever CO2 standards for trucks must reflect market diversity, EU truck industry says
Ford CEO Hackett’s decision to dump cars ‘may prove fatal’
Ford’s new CEO, Jim Hackett, just announced a bold strategic move for America’s most enduring automaker: abandoning the car business. Hackett completely reversed former CEO Alan Mulally’s full-line strategy to focus on trucks and SUVs. A 3 percent jump in Ford’s stock price validated Hackett’s decision, but that adrenaline shot could be short-lived. Jettisoning automobiles… Continue reading Ford CEO Hackett’s decision to dump cars ‘may prove fatal’
2019 Porsche Cayenne E-Hybrid Plugs in and Boosts Performance
ATLANTA, May 1, 2018 /PRNewswire/ — Premiering today, the 2019 Porsche Cayenne E-Hybrid solidifies its place in the lineup while making significant advancements over both the standard Cayenne and the preceding Cayenne S E-Hybrid it replaces. Those advantages include more power, quicker acceleration, a faster top speed, and increased electric-only range. The Porsche Cayenne E-Hybrid uses… Continue reading 2019 Porsche Cayenne E-Hybrid Plugs in and Boosts Performance
Bentley boss: we could have been more prepared for electrification
The Bentayga hybrid is the brand’s first electrified model New company CEO admits the firm needs to accelerate its electrification plans – and hints full electric car is due within five years New Bentley boss Adrian Hallmark has acknowledged that the brand was not as prepared for future technology as it could have been –… Continue reading Bentley boss: we could have been more prepared for electrification
Dana Partners with Workhorse Group on City Delivery Vehicle with New Spicer® Electrified™ Integrated Electric Axle
LONG BEACH, Calif., May 1, 2018 /PRNewswire/ — Today at the Advanced Clean Transportation (ACT) Expo, Dana Incorporated (NYSE: DAN) and Workhorse Group Inc. (NASDAQ: WKHS) announced the design, development, and production of a city delivery vehicle featuring Dana’s Spicer® Electrified™ integrated e-Drive axle. Ohio-based Workhorse is a technology company focused on providing sustainable and cost-effective… Continue reading Dana Partners with Workhorse Group on City Delivery Vehicle with New Spicer® Electrified™ Integrated Electric Axle
Bentley boss acknowledges brand could have been more prepared for electrification
New Bentley boss Adrian Hallmark has acknowledged that the brand was not as prepared for future technology as it could have been and is forging ahead with a revised strategy to ensure Bentley is at the forefront of electrification. Since starting his position early this year, having previously been at the company as board member… Continue reading Bentley boss acknowledges brand could have been more prepared for electrification