Wholesales of 84.4k vehicles, up 72.6% but 30k units (27%) lower than planned due to chip shortage resulting in a pre-tax loss and a free cash outflow Pre-tax loss of £110 million, but £303 million better than a year ago, and a free cash outflow of £996 million, but £574 million better than a year… Continue reading @Tata-JLR: Q1 SALES AND PROFITABILITY IMPROVED FROM COVID IMPACT A YEAR AGO BUT SIGNIFICANTLY CONSTRAINED BY CONTINUING SEMICONDUCTOR SHORTAGE
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Zero emissions and automated driving: manufacturers are designing the car of the future
3 ‘of reading The car is preparing for the most important post-war change to today, with the slow but planned abandonment of heat engines to make room for electric propulsion. It will not happen “tomorrow” but within a decade the fleet in circulation will change radically, as confirmed by the many announcements of car manufacturers… Continue reading Zero emissions and automated driving: manufacturers are designing the car of the future
Ferrari Classiche: restoring Maranello’s classics
A yellow Ferrari 250 LM instantly catches our attention in the showroom-like workspace, a perfect example of the mid-engined racer that scored the firm’s last Le Mans 24 Hours win in 1965. To one side, a Testarossa belonging to Piero Ferrari – son of Enzo – awaits attention. All around sit neatly arranged new parts… Continue reading Ferrari Classiche: restoring Maranello’s classics
WeVee Raises $7M Seed Funding
WeVee, a London UK-based electric vehicle leasing platform, raised $7M in seed funding. The round – which will take WeVee’s combined valuation to over $40m – was led by German entrepreneurs Rahmyn Kress and Michael Perschke, who joined WeVee Founder Paul Fagan as co-founders and board members. The company intends to use the funds to expand… Continue reading WeVee Raises $7M Seed Funding
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The next 3-5 years are going to be huge for EVs: Tata Power CEO
Tata Power‘s CEO and MD, Praveer Sinha, in an interview with ET Now, talks of the future of electric vehicles and the lucrative sub-Rs 10 lakh car market that clean energy manufacturers could benefit from. Edited excerpts: How will things work? Are electric chargers at petrol stations the next logical extension for Tata Power? How… Continue reading The next 3-5 years are going to be huge for EVs: Tata Power CEO
How Formula E helps ABB develop new e-mobility products
Global electronics giant ABB is involved in many aspects of the electromobility industry, from charging infrastructure to batteries to utility integration to robotics. It’s quite fitting that ABB is the lead corporate sponsor of Formula E, the all-electric racing series that’s now in its seventh season. Charged met with several ABB executives at the recent… Continue reading How Formula E helps ABB develop new e-mobility products
Tata AutoComp, Tellus supply 64 fast chargers to Tata Power
Tata AutoComp has ten joint ventures to roll out automotive components and systems like engine cooling solutions, automotive batteries, rear view mirrors, command systems, HVAC, and exhaust and emission control systems among others. NEW DELHI: Tata AutoComp Systems on Wednesday said it along with US-based charging infrastructure company Tellus Power Green has executed a supply… Continue reading Tata AutoComp, Tellus supply 64 fast chargers to Tata Power
GKN Automotive developing modular 800V electric drivetrains
British engineering firm GKN Automotive will ramp up development of its next-generation electric powertrain hardware, because of the increasing demand for EVs. The automotive components supplier will accelerate production of new ‘eDrive’ technologies using 800V electrics, which the firm says allows for faster charging times, increased driving range and higher levels of performance. The company’s eDrive system has been in… Continue reading GKN Automotive developing modular 800V electric drivetrains
Ineos Grenadier interior revealed with focus on luxury and utility – Autocar
Official interior pictures of the Ineos Grenadier, Sir Jim Ratcliffe’s rugged new body-on-frame 4×4, have been issued at last — showing an impressively novel design, clearly built for ruggedness and timelessness, but guided at all times by the highest levels of practical logic. Grenadier has a genuine hose-it-out cabin, crafted in ultra-durable, stain-resistant materials, and… Continue reading Ineos Grenadier interior revealed with focus on luxury and utility – Autocar