China now accounts for nearly one-quarter of Tesla revenue

Tesla has been counting on China to maintain its sales momentum, and it seems to be on track with the plan. In the three months ended June 30, the automaker’s revenue in China climbed 102.9% year-over-year to $1.4 billion, according to its latest SEC filing. That means China now makes up 23.3% of Tesla’s total… Continue reading China now accounts for nearly one-quarter of Tesla revenue

@Tata-JLR: JAGUAR LAND ROVER DEVELOPS CONTACTLESS TOUCHSCREEN TO HELP FIGHT BACTERIA AND VIRUSES

The predictive touch technology was also a finalist in the annual Jaguar Land Rover Innovista Awards which champions innovative ideas from across the business. For more information about Destination Zero please visit https://www.jaguarlandrover.com/2019/strategy About Jaguar Land Rover Jaguar Land Rover is the UK’s largest automotive manufacturer, built around two iconic British car brands. Land Rover… Continue reading @Tata-JLR: JAGUAR LAND ROVER DEVELOPS CONTACTLESS TOUCHSCREEN TO HELP FIGHT BACTERIA AND VIRUSES

Publications – Position Paper: Revision of the EU Batteries Directive (2006/66/EC)

The evaluation of the current EU Batteries Directive (2006/66/EC) has been completed and the proposed measures are currently undergoing an impact assessment. The European Automobile Manufacturers’ Association (ACEA), representing the major players in the global automotive battery market, fully supports the European Commission’s initiative to promote more circularity and sustainability. To that end, ACEA would… Continue reading Publications – Position Paper: Revision of the EU Batteries Directive (2006/66/EC)

Electric mobility: Bulli without humming – the Abt e-Transporter can do that 6.1

Abt e-Transporter 6.1 The converted Bulli is particularly sustainable on short journeys. Sit down, feel at home, drive off: this familiarity is already there VW Golf is the real secret of success for millions of normal drivers. The same applies to the Golf among the vans, the Volkswagen Bulli. Millions of couriers, craftsmen and employees… Continue reading Electric mobility: Bulli without humming – the Abt e-Transporter can do that 6.1

Estonian ride-hailer Bolt launches in Thailand with better rates

BANGKOK (Reuters) – Bolt, a popular ride-sharing system in Eastern Europe and Africa, said on Wednesday it has rolled out its platform in Thailand as competition intensifies among Southeast Asian ride-hailers with cities gradually emerging from the lockdown. Bolt, backed by Daimler and China’s Didi Chuxing, said its pilot venture in the Thai capital has… Continue reading Estonian ride-hailer Bolt launches in Thailand with better rates

Elon Musk: Tesla is open to supply software, powertrains & batteries to other automakers

CEO Elon Musk says that Tesla is currently open to licensing software and supply powertrains and batteries to other automakers struggling to make electric cars. Recently, we reported on automakers admitting that Tesla has a lead on several key areas of developing and building electric vehicles. Volkswagen has been quite open about the fact that… Continue reading Elon Musk: Tesla is open to supply software, powertrains & batteries to other automakers

Electromobility: Bargain Stromer on a farewell tour – the VW e-up in the Handelsblatt autotest

VW e-up The e-up can fully exploit its advantages in the city center. This applies to the shape and functionality of the small car as well as to the electric motorization. (Photo: Alexander Möthe) Düsseldorf “Is that the one with the software problems?” Asks a passerby who drives past me and my parked car on… Continue reading Electromobility: Bargain Stromer on a farewell tour – the VW e-up in the Handelsblatt autotest

TI Fluid Systems is Awarded the London Stock Exchange’s Green Economy Mark

AUBURN HILLS, Michigan (July 27, 2020) — TI Fluid Systems (TIFS), a leading global supplier of automotive fluid systems technology, is part of the 2020 cohort of issuers to receive London Stock Exchange’s Green Economy Mark. This classification, first introduced in 2019, was created to highlight companies and investment funds listed on all segments of… Continue reading TI Fluid Systems is Awarded the London Stock Exchange’s Green Economy Mark

Bernstein downgrades Tesla and says the stock will tank 42% from its ‘mind-boggling’ valuation

Reuters Tesla shares are far too expensive to recommend after more than tripling in 2020, the Bernstein analyst Toni Sacconaghi wrote in a note. The firm lowered its Tesla stock rating to “underperform” from “market perform” on Tuesday and maintained a $900 price target, implying that shares will tumble 42% over the next year. Though… Continue reading Bernstein downgrades Tesla and says the stock will tank 42% from its ‘mind-boggling’ valuation