By Reuters Staff 1 Min Read FILE PHOTO: Chevrolet Bolt EV is pictured during the media day of the Salao do Automovel International Auto Show in Sao Paulo, Brazil November 6, 2018. REUTERS/Paulo Whitaker DETROIT/WASHINGTON (Reuters) – General Motors Co GM.N said on Friday it is recalling 68,677 electric cars worldwide that pose a fire… Continue reading GM recalling nearly 69,000 Bolt EVs for fire risks
Tag: Electric vehicles
Ford CEO says carmaker now eyes making own EV batteries
By Reuters Staff 1 Min Read FILE PHOTO: Ford Motor Co. CEO Jim Farley walks to speak at a news conference at the Rouge Complex in Dearborn, Michigan, U.S. September 17, 2020. REUTERS/Rebecca Cook/File Photo (Reuters) – Ford Motor Co is considering making its own batteries as sales volumes of electric vehicles rise around the… Continue reading Ford CEO says carmaker now eyes making own EV batteries
Ferrari: ‘driving emotion is more important than performance’
We caught up with Ferrari’s chief technical officer, Michael Leiters, ahead of the launch of the new SF90 Spider, the convertible version of Ferrari’s new plug-in halo car. We spoke about electrification, the benefit of being in F1 and deciding to build Ferrari’s first front-wheel-drive model. Top Gear: How challenging was the SF90 for Ferrari? Michael Leiters:… Continue reading Ferrari: ‘driving emotion is more important than performance’
Cummins to Open New Fuel Cell Systems Production Facility in Germany, Strengthening Its Commitment to Hydrogen in Europe
COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) today announced it will open a new facility in Herten, Germany, which will initially focus on the assembly of fuel cell systems for global transportation leader Alstom’s hydrogen trains. As a global power leader, Cummins has a strong presence in Europe. Employing more than 6,700 people across Europe, Cummins’… Continue reading Cummins to Open New Fuel Cell Systems Production Facility in Germany, Strengthening Its Commitment to Hydrogen in Europe
@Geely: Kandi Technologies Announces the Closing of a Registered Direct Placement of $60 Million of Common Stock and Warrants
JINHUA, China, Nov. 12, 2020 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (the “Company” or “Kandi”) (NASDAQ GS: KNDI), today announced that it closed a registered direct offering of 9,404,392 units (the “Units”) of its securities at a purchase price per Unit of $6.38, generating aggregate gross proceeds to the Company of approximately $60,000,000, before… Continue reading @Geely: Kandi Technologies Announces the Closing of a Registered Direct Placement of $60 Million of Common Stock and Warrants
Waymo throws shade at Tesla and Elon Musk over self-driving comments
Waymo is throwing shade at Tesla and Elon Musk over comments that the latter has made about the usefulness of the former’s self-driving technology. There are dozens of high-profile companies working on solving self-driving and just as many different approaches, but there are two main differences: those who rely mainly if not entirely on computer… Continue reading Waymo throws shade at Tesla and Elon Musk over self-driving comments
German Handelsblatt: Car manufacturer: Volkswagen sounds the alarm: “The charging network is exhausted” 000770
Ionity fast charging station in Rhineland-Palatinate A car driver charges her electric car at the Brohltal service area on the A61 motorway. Germany needs more of these charging stations. (Photo: dpa) Düsseldorf Volkswagen warns that there will soon no longer be enough charging points for the many new electric cars on Germany’s roads. “The number… Continue reading German Handelsblatt: Car manufacturer: Volkswagen sounds the alarm: “The charging network is exhausted” 000770
@Groupe PSA: PR Faurecia’s vision for hydrogen mobility000622
Symbio is a game-changer for fuel cell stack systems, having already equipped 30 vehicle fleets which have travelled a total of 3 million kilometers to date. In St Fons at the heart of the Hydrogen Valley in Lyon, construction is under way for the largest industrial facility dedicated to the production of fuel cell stacks… Continue reading @Groupe PSA: PR Faurecia’s vision for hydrogen mobility000622
Daimler will shrink with shift to electric, autonomous cars: CEO
By Edward Taylor 3 Min Read FRANKFURT (Reuters) – Daimler DAIGn.DE will be a smaller company five years from now, focused on capturing recurring revenues with software-based services as Mercedes-Benz seeks to redefine luxury in an era of electric self-driving cars, Chief Executive Ola Kaellenius said. FILE PHOTO: The Daimler logo is seen before the… Continue reading Daimler will shrink with shift to electric, autonomous cars: CEO
Martinrea International Announces Ground Breaking Advancements in Next Generation Coated Brake Lines
TORONTO, Nov. 12, 2020 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced that through their innovative R&D and investment in NanoXplore, along with its patented technology, has led to recent… Continue reading Martinrea International Announces Ground Breaking Advancements in Next Generation Coated Brake Lines