MELBOURNE, Australia, Oct. 20, 2021 /PRNewswire/ — The Hyzon Zero Carbon Alliance, an initiative of leading companies working to accelerate hydrogen-powered mobility worldwide, has added Iljin Hysolus as its newest member following its recent steering committee meeting. Championed by Hyzon Motors Inc. (NASDAQ: HYZN), a leading global supplier of zero-emission, hydrogen fuel cell-powered commercial vehicles, the… Continue reading Hyzon Zero Carbon Alliance welcomes leading hydrogen storage provider, Iljin Hysolus
Tag: Strategy
Asia Digest: Pakistan’s Rider bags $2.3m; S Korea’s Yanolja buys Interpark
Pakistan-based last-mile delivery provider Rider has bagged $2.3 million in a seed funding round; while South Korean travel platform Yanolja will acquire 70% stake in the country’s e-commerce pioneer, Interpark, for about $250 million. Pakistan’s Rider bags $2.3m seed funding Pakistan’s last-mile delivery provider Rider has bagged $2.3 million in a seed funding round led… Continue reading Asia Digest: Pakistan’s Rider bags $2.3m; S Korea’s Yanolja buys Interpark
Magna Updates 2021 Outlook
AURORA, Ontario, Oct. 20, 2021 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) today announced that it has updated its 2021 outlook to reflect declines in anticipated 2021 light vehicle production, including 7% and 9% in North America and Europe, respectively, in each case relative to expected light vehicle production levels disclosed in… Continue reading Magna Updates 2021 Outlook
Mary Barra Talks Candidly About GM’s EV Plans, Details Competition With Tesla And New Vehicle Rollout – Torque News
Barra made these remarks during an interview with Fox News Business and the “Claman Countdown.” where she was pressed on the company’s plans to churn out 30 all-new EV models by 2025 including an electrified $30,000 CUV (the Equinox EV) and a second model that will be priced even lower than that. Related Story (2018):… Continue reading Mary Barra Talks Candidly About GM’s EV Plans, Details Competition With Tesla And New Vehicle Rollout – Torque News
General Motors CEO: Chip shortage has forced supply chain rethink – Verdict
US automaker General Motors will source more semiconductors directly from manufacturers to adapt to the ongoing global chip shortage, its CEO Mary Barra said on Friday. Barra’s comments came amid ten months of sporadic production line closures in the automotive sector due to the chip shortage and supply chain disruptions. All major automakers have been… Continue reading General Motors CEO: Chip shortage has forced supply chain rethink – Verdict
Sun Mobility gets $50 million from Vitol to accelerate global EV infra network
Sun Mobility’s Chetan Maini: “As part of Sun Mobility’s long-term strategy to build affordable EV technologies in India, we will be deploying the funds into capacity expansion.” Bangalore-based Sun Mobility, the fast-growing provider of energy infrastructure and services for electric vehicles, has closed a $50 million (Rs 370 crore) funding round by Dutch energy and… Continue reading Sun Mobility gets $50 million from Vitol to accelerate global EV infra network
For cold days: Heated workwear from Bosch for professionals
The Robert Bosch Power Tools GmbH, a division of the Bosch Group, is one of the world’s leading providers for power tools, garden tools, power tool accessories and measuring tools. In 2020, its roughly 20,000 associates generated sales of 5.1 billion euros, about 85 percent of which outside of Germany. With brands such as Bosch… Continue reading For cold days: Heated workwear from Bosch for professionals
SMMT statement on Net Zero Strategy
19 October 2021 #SMMT News Mike Hawes, SMMT Chief Executive, said, The automotive industry is putting zero-emission vehicles on Britain’s roads at pace beyond all forecasts, such is the choice and appeal of these new models. A well-designed, flexible regulatory framework could help maintain or even increase this pace to ensure we deliver on our… Continue reading SMMT statement on Net Zero Strategy
@VW Group: Advancement of PTV with new partner Bridgepoint004040
Stuttgart, 19 October 2021. Porsche Automobil Holding SE (Porsche SE), Stuttgart, has partnered with Bridgepoint Advisers Limited (Bridgepoint), London, United Kingdom, to advance the further development of PTV Planung Transport Verkehr AG (PTV). In this context, the private equity group has acquired 60 percent of PTV, while Porsche SE retains a significant stake of 40 percent… Continue reading @VW Group: Advancement of PTV with new partner Bridgepoint004040
@VW Group: Volkswagen tests 5G for production on its way to smart factories004040
Volkswagen is taking a further step in the direction of fully networked factories. A local 5G standalone network (“campus network”) is now available at its main plant in Wolfsburg that initially covers the main production development center and the pilot hall. The pilot project will test whether the 5G technology meets the demanding requirements of… Continue reading @VW Group: Volkswagen tests 5G for production on its way to smart factories004040