Texte Worldwide automotive production for H2 2021 is now estimated by IHS Markit at:• 34.5 million vehicles for H2 2021 (of which 16.1 million in Q3 and 18.4 million in Q4) vs. 39.3 million vehicles in the previous forecast dated August (of which 18.1 million in Q3 and 21.2 million in Q4),resulting in FY 2021… Continue reading @Groupe PSA: PR 2021 guidance adjusted to reflect major revision by IHS markit of worldwide automotive production forecast for h2 2021002548
Tag: Financial Results
@Ford: Ford to Expand Global Merchandising, Parlaying Passion for the Blue Oval into Growth
Alexandra Ford English named global brand merchandising director at Ford In the newly created role, she will drive a growth strategy that leverages Ford’s storied brand, iconic vehicles, and motor sports success to create an expanded collection of lifestyle merchandise Demand for Ford merchandise has only increased in recent years with the introduction of popular… Continue reading @Ford: Ford to Expand Global Merchandising, Parlaying Passion for the Blue Oval into Growth
Shares in Evergrande EV unit plunge as cash dries up
Shares in Evergrande New Energy Vehicle, also known as Evergrande Auto, fell to HK$1.95 in early trading in Hong Kong Monday, after it scrapped the planned Shanghai listing via a Sunday stock exchange filing. Shares in debt-laden Evergrande‘s e-vehicle unit slumped by more than 10 per cent Monday after the firm scrapped a proposed Shanghai… Continue reading Shares in Evergrande EV unit plunge as cash dries up
Ford CEO Farley calls for making EVs more affordable, bringing mining back to US
Making electrical vehicles affordable should be among the top priorities for automakers so that the average vehicle-buyer can purchase one, said Jim Farley, Ford Motor Co.’s president & CEO. “I’m deeply worried about the affordability,” said Farley Saturday during a discussion as part of the Detroit Homecoming VIII events, during a live-streamed interview with Mary Kramer,… Continue reading Ford CEO Farley calls for making EVs more affordable, bringing mining back to US
Kongsberg Automotive revises FY 2021 targets
Thu, Sep 23, 2021 20:20 CET Kongsberg Automotive FY 2021 financial guidance revised to account for further semiconductor shortages and related developments in the automotive market. Zurich, September 24, 2021: In light of recent developments in the automotive sector, Kongsberg Automotive’s board of directors has approved new guidance for the company. The company expects a… Continue reading Kongsberg Automotive revises FY 2021 targets
ALYI Electric Vehicles, Ecosystems, Cryptocurrency, and Global Brand Names All-In-One
DALLAS, Sept. 24, 2021 /PRNewswire/ — Alternet Systems, Inc. (USOTC: ALYI) (“ALYI”) has recently announced that it expects to generate its first revenue this year from the sale of electric vehicles. Specifically, ALYI intends to generate $2 million by year end from the sale of electric motorcycles. The company yesterday announced it might add to… Continue reading ALYI Electric Vehicles, Ecosystems, Cryptocurrency, and Global Brand Names All-In-One
@Nio: 000287
On September 23, NIO officially launched its standard-range hybrid-cell battery (75 kWh). Models equipped with the new 75 kWh battery are available for orders from 14:00(GMT+8) on the same day and delivered to users from this November. The standard-range battery (75 kWh) is a hybrid of ternary lithium and lithium iron phosphate (LFP) cells with… Continue reading @Nio: 000287
@Ford: Ford Motor Company Announces Details For Q3 2021 Earnings Conference Call
About Ford Motor Company Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with… Continue reading @Ford: Ford Motor Company Announces Details For Q3 2021 Earnings Conference Call
@VW Group: Volkswagen Group China builds battery system factory in Anhui to strengthen BEV value chain003879
Volkswagen Group China is commencing construction of a battery system production factory in Hefei (Anhui province). VW Anhui Components Company is the first battery system plant to be wholly owned by the Group in China. Its initial annual capacity will be 150,000 to 180,000 high-voltage battery systems for Volkswagen Anhui’s all-electric vehicles based on the… Continue reading @VW Group: Volkswagen Group China builds battery system factory in Anhui to strengthen BEV value chain003879
Electric truck maker ATLIS races towards $5 million end-of-month crowdfunding finish
ATLIS also plans to commercially launch the next generation AMV battery cell in Q4 2021. The latest raise, conducted by the Rialto Markets crowdfunding platform and transfer agent KoreConX, ends September 30th and ATLIS President Annie Pratt said: “The fast pace of our latest raise highlights the faith our investors have in our products, the… Continue reading Electric truck maker ATLIS races towards $5 million end-of-month crowdfunding finish