Stellantis Reports Q3 Net Revenues of €32.6 Billion Significant Commercial Actions and New Product Launches Mitigated Continued Impact of Semiconductor ShortagesFull-Year Guidance Confirmed • Consolidated shipments(1) of 1,131 thousand units, down 27% compared to Q3 2020 Pro Forma(2) primarily due to loss of ~30% of Q3 2021 planned production, or ~600 thousand units, due to unfilled… Continue reading @Groupe PSA: PR Third Quarter 2021 Shipments and Revenues002702
Tag: Electric vehicles
Visteon Announces Third-Quarter 2021 Results
Sales of $631 million in a challenging semiconductor supply environment Growth over market of 8% versus top customers’ vehicle production Net income of $5 million Adjusted EBITDA of $42 million or 6.7% of sales 13 new products launched in third quarter; 26 launched year-to-date Company aligning sustainability commitments with science-based emissions targets Updating 2021 full-year… Continue reading Visteon Announces Third-Quarter 2021 Results
Spicer Electrified™ e-Powertrain from Dana Earns Two Technology Awards at 2021 Diesel Progress Summit
MAUMEE, Ohio, Oct. 28, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today that it has earned the New Power Technology Award and the Achievement of the Year Award for its Spicer Electrified™ e-Powertrain at the 2021 Diesel Progress Summit and Awards, held this week. Dana Incorporated logo. (PRNewsFoto/Dana Incorporated) The awards recognize Dana’s ability… Continue reading Spicer Electrified™ e-Powertrain from Dana Earns Two Technology Awards at 2021 Diesel Progress Summit
Qmerit Teams Up with Ford Motor Company for Electric Vehicle Home Charging Installations for Automaker’s Mustang Mach-E Customers
Ford is investing more than $30 billion in fully electric vehicles globally through 2025 and by 2030 expects 40 to 50 percent of its global vehicle volume to be fully electric. The company’s current retail EV lineup includes the Mustang Mach-E and GT derivatives, to which Qmerit is a retail installation provider. The automaker is putting… Continue reading Qmerit Teams Up with Ford Motor Company for Electric Vehicle Home Charging Installations for Automaker’s Mustang Mach-E Customers
EV Designers Focus on Pressure-Sensitive Adhesive Tapes for Battery Pack Solutions
EV designers are paying increased attention to single and double-coated high-performance Pressure Sensitive adhesive tapes (PSA) because of their ability to provide solutions for challenges facing OEMs regarding the development of the electric vehicles. Particular focus is on their function in the Lithium-ion battery packs which are the most popular choice to provide the vehicles’… Continue reading EV Designers Focus on Pressure-Sensitive Adhesive Tapes for Battery Pack Solutions
Ford delays launch of its ‘hands-free’ BlueCruise driver assist feature until 2022
BlueCruise, the “hands-free” driver assist feature that Ford sees as a viable competitor to GM’s Super Cruise and Tesla’s Autopilot, won’t reach car owners until the first quarter of 2022, the company’s executives said Wednesday night. The automaker had originally planned on pushing an over-the-air (OTA) software update activating BlueCruise for select Ford customers before… Continue reading Ford delays launch of its ‘hands-free’ BlueCruise driver assist feature until 2022
Tesla order could double to 200,000 Model 3s to satisfy deal with Uber, says Hertz CEO
Hertz CEO Mark Fields revealed that its deal to supply Tesla vehicles to Uber includes an option on 100,000 more Tesla Model 3s, which would double its total order to 200,000 vehicles. Earlier this week, Hertz announced that it ordered 100,000 Model 3 vehicles from Tesla as part of a new plan to electrify its fleet.… Continue reading Tesla order could double to 200,000 Model 3s to satisfy deal with Uber, says Hertz CEO
Scania builds extremely heavy and extra-long electrified truck for Jula Logistics
SODERTALJE, Sweden, Oct. 28, 2021 /PRNewswire/ — The Swedish company Jula Logistics uses a 32 metres Scania truck as High Capacity Transport to be able to bring more cargo for each transport and consequently lower emissions. Now it’s time for the next step: the huge truck will be powered by electricity. This is the latest example… Continue reading Scania builds extremely heavy and extra-long electrified truck for Jula Logistics
LG Chem establishes joint venture with TORAY for battery separator
<LG Chem Vice Chairman Hakcheol Shin (right) and TORAY CEO Nikkaku Akihiro (left) are signing an agreement to establish a joint venture through a video conference on the 27th.> LG Chem and Japan’s TORAY will establish a joint venture in Europe for separators, a core material for batteries. TORAY is one of the world’s three… Continue reading LG Chem establishes joint venture with TORAY for battery separator
Korean battery equipment industry securing supply contract one after another with US RIVIAN
CIS, PNT, SNF, etc.Signed a supply contract for electrode, notching, and stacking equipmentIndependent production plan for prismatic battery in 2023Expected to expand orders for pouches and cylinde Korean battery equipment makers are drawing attention as they have won key equipment supply contracts with RIVIAN, an American electric vehicle maker. RIVIAN plans to start producing their… Continue reading Korean battery equipment industry securing supply contract one after another with US RIVIAN