Eli Electric Vehicles, an early stage compact EV manufacturer, announced the start of production on its flagship Eli Zero, a micro “neighborhood electric vehicle” that is built for city commuting. The company plans to roll out small batches of the two-seater EV to distributors across 13 European countries over the next few months with a… Continue reading Eli EVs begins production, European rollout of Eli ZERO, a compact two-seater
Tag: Strategy
@Daimler: Mercedes-Benz is sustainably consolidating its agency landscape, and awarding the international mandate
Global pitch decision in favour of Omnicom Group, with a long-term partnership planned to launch under the name ‘Team X’ beginning January 2022 Mercedes-Benz is bundling its global media, brand and performance marketing activities across all phases of the customer journey in an international agency network After the merger of the new, fully integrated PR… Continue reading @Daimler: Mercedes-Benz is sustainably consolidating its agency landscape, and awarding the international mandate
India’s Cars24, a used-vehicle sales platform, raises $450M at a $1.84B valuation
The used car market is getting another major infusion of venture capital today, with one of the faster scaling startups out of India picking up a major round of financing to double down on growth: Cars24 — a site and app that sells users cars and used two-wheeled motorbikes — has raised $450 million, a… Continue reading India’s Cars24, a used-vehicle sales platform, raises $450M at a $1.84B valuation
Autos & Transportation · 4:28 AM UTCHonda targets annual sales of 70,000 Prologue electric vehicles in U.S. from 2024Honda Motor Co’s (7267.T) U.S. un…
A Honda SUV e:Prototype electric vehicle (EV) is seen displayed during a media day for the Auto Shanghai show in Shanghai, China April 20, 2021. REUTERS/Aly Song/File Photo WASHINGTON, Sept 20 (Reuters) – Honda Motor Co’s (7267.T) U.S. unit said on Monday it is targeting initial annual sales of 70,000 for its planned electric Prologue… Continue reading Autos & Transportation · 4:28 AM UTCHonda targets annual sales of 70,000 Prologue electric vehicles in U.S. from 2024Honda Motor Co’s (7267.T) U.S. un…
Honda studies the brain to develop smarter driver-assist systems
TOKYO — Honda Motor has begun exploring deep inside the human brain in an effort to develop more powerful technologies to make driving safer. In one of its latest projects, the Japanese automaker is using behavioral neuroscience to create a driver-assist system that makes driving vastly safer. By the middle of the century, Honda hopes that none… Continue reading Honda studies the brain to develop smarter driver-assist systems
@VW Group: 003850
Over seven generations and almost 40 years, the Volkswagen Golf GTI has defined what a hot hatchback should be. The Volkswagen Golf R has become a performance standard of its own, offering all-wheel-drive grip and refined power. This year, the eighth generation of both legends arrive in the United States to keep the spirit of… Continue reading @VW Group: 003850
Schaeffler opens new e-mobility plant built to the very latest standards of sustainability
2021-09-17 | Herzogenaurach/Szombathely Establishment of Szombathely II plant in Hungary highlights Schaeffler Group’s ambitions for growth in electro-mobility 15,000 sqm production facility for electrified powertrain components and systems meets highest standards of sustainability New plant demonstrates Schaeffler’s advanced capabilities in sustainability and e-mobility Automotive and industrial supplier Schaeffler has opened a new production facility at… Continue reading Schaeffler opens new e-mobility plant built to the very latest standards of sustainability
HPCL to build 5,000 EV charging stations in 3 years
Most of the planned 5,000 charging stations would be built in its fuel retail outlets. Hindustan Petroleum Corp (HPCL) plans to build 5,000 electric vehicle charging stations in three years in a move that could help boost wider adoption of EVs in the country and secure a significant share of the charging market for the… Continue reading HPCL to build 5,000 EV charging stations in 3 years
Charging infrastructure: The roadblock that could stop electric vehicles in their tracks
The Government of India (GoI) launched the National Mission on Transformative Mobility and Battery Storage to promote clean, connected, shared and holistic mobility initiatives in March 2019. Electric mobility has gained traction in India in recent years with a concerted focus towards incentives on vehicle and charging infrastructure, demand creation, and an enabling policy and… Continue reading Charging infrastructure: The roadblock that could stop electric vehicles in their tracks
Elon Musk: Software will shape future of the car industry; Chinese automakers are most competitive with Tesla
In new comments, Tesla CEO Elon Musk said that software will shape the future of the automotive industry and added that he believes Chinese automakers are most competitive with Tesla on that front. Musk made a pre-recorded appearance at the 2021 World New Energy Vehicle Congress in Hainan, China. For those used to hearing Musk… Continue reading Elon Musk: Software will shape future of the car industry; Chinese automakers are most competitive with Tesla