At the first Way to Zero Convention, Volkswagen today gave details of its plans for decarbonizing the company and its products. The company intends to be net carbon neutral by 2050 at the latest. A new interim milestone is the targeted 40-percent reduction in CO2 emissions per vehicle in Europe by 2030 – substantially outperforming… Continue reading @VW Group: Way to Zero: Volkswagen presents roadmap for climate-neutral mobility002953
Tag: Electric vehicles
VW’s electric cars spared in chip crisis
Semiconductor shortage ‘not influencing’ likelihood of meeting EU emissions targets Go to Source
Visteon Announces First-Quarter 2021 Results
• $746 million Q1 net sales; 14% increase Y/Y excluding currency • Net income of $16 million in Q1 or $0.56 per diluted share • Adjusted EBITDA of $64 million, 8.6% of sales • $1.8 billion in new business wins — First microZone™ display award with large North American OEM —… Continue reading Visteon Announces First-Quarter 2021 Results
Thursday Morning Auto News, Apr 29, 2021
China’s Baidu to launch paid driverless ride-hailing services in Beijing – Reuters Huawei deepens dive into EVs, seeks control of small automaker- Reuters Volkswagen plans renewable investments in CO2 reduction push – Reuters Ford CEO expects chip shortage impact to bottom in Q2, production rebound in second half of year – CNBC GM makes deals… Continue reading Thursday Morning Auto News, Apr 29, 2021
Suzuki Misano concept is EV two-seater with motorbike cues
The Suzuki Misano concept is a sporty two-seater which is claimed to combine the company’s “two souls” of manufacturing cars and motorbikes, styled by a group of 24 masters students at the Istituto Europeo di Design (European Institute of Design). The design is inspired by Suzuki’s brand values, as well as the famous comedy film… Continue reading Suzuki Misano concept is EV two-seater with motorbike cues
@Nio: 000224
On April 29, 2021, NeoPark, a smart electric vehicle industry park at Xinqiao, Hefei, Anhui province, was officially kicked off. The ceremony was jointly attended and celebrated by Li Jinbin, Party Secretary of Anhui, Wang Qinxian, Governor of Anhui, Deng Xiangyang, Executive Vice Governor of Anhui, Yu Aihua, Party Secretary of Hefei, Guo Qiang, standing… Continue reading @Nio: 000224
Valmet Automotive’s Sustainability Report 2020 published: significant progress on Sustainability goals
Valmet Automotive has today published the Group’s Sustainability Report for 2020. Despite a challenging year, Valmet Automotive made significant progress towards its sustainability goals in 2020. The report presents the company’s key sustainability themes, strategic priorities and 2020 highlights. Valmet Automotive publishes the Sustainability Report annually. The importance of sustainable development is constantly growing in… Continue reading Valmet Automotive’s Sustainability Report 2020 published: significant progress on Sustainability goals
Valmet Automotive’s Annual Review 2020: Good performance and solid strategy execution despite extraordinary circumstances
In 2020, Valmet Automotive’s profitability in the continued businesses was maintained close to previous year’s level despite the corona pandemic related production losses during the second and third quarter. Business build of and investments to EV Systems business line continued according to plans and cash flow after investments remained positive. Net sales of EUR 494.0… Continue reading Valmet Automotive’s Annual Review 2020: Good performance and solid strategy execution despite extraordinary circumstances
Hyzon Motors, NEOM and Modern Group Plan to Collaborate on Hydrogen-Powered Vehicle Value Chain
ROCHESTER, N.Y. and RIYADH, Saudi Arabia, April 29, 2021 /PRNewswire/ — Hyzon Motors Inc. (“Hyzon”), a leading global supplier of zero-emission hydrogen fuel cell-powered commercial vehicles, jointly with Modern Industrial Investment Holding Group (“Modern Group”), a Saudi industrial conglomerate, today announced the signing of a memorandum of understanding (MoU) with NEOM Company for the development… Continue reading Hyzon Motors, NEOM and Modern Group Plan to Collaborate on Hydrogen-Powered Vehicle Value Chain
Volvo Group and Daimler Truck AG fully committed to hydrogen-based fuel-cells – launch of new joint venture cellcentric
GOTHENBURG, Sweden and STUTTGART, Germany, April 29, 2021 /PRNewswire/ — Today, two leaders of the commercial vehicle industry – Daimler Truck AG and Volvo Group – officially outlined their pioneering roadmap for the new fuel-cell joint venture cellcentric, as part of an industry-first commitment to accelerate the use of hydrogen-based fuel cells for long-haul trucks and beyond. With… Continue reading Volvo Group and Daimler Truck AG fully committed to hydrogen-based fuel-cells – launch of new joint venture cellcentric