VW’s labour chief sees no need for more cost cuts

FILE PHOTO: Head of Volkswagen works council Bernd Osterloh addresses the media after a supervisory board meeting at the Volkswagen plant in Wolfsburg, Germany November 15, 2019. REUTERS/Fabian Bimmer/File Photo FRANKFURT (Reuters) – Volkswagen’s (VOWG_p.DE) labour chief Bernd Osterloh has been on a roadshow to tell analysts and investors the carmaker has no need for… Continue reading VW’s labour chief sees no need for more cost cuts

Daimler shareholders support strategic direction with vast majority

STUTTGART, Germany, July 9, 2020 /PRNewswire/ —  Shareholders approved all items on the agenda at the virtual Annual Meeting Actions of the members of the Board of Management ratified with 96.60% of the votes cast Actions of the members of the Supervisory Board ratified with 88.45% of the votes cast Manfred Bischoff, Chairman of the… Continue reading Daimler shareholders support strategic direction with vast majority

Tesla ‘very close’ to full self-driving, Musk says

Tesla will be able to make its vehicles completely autonomous by the end of this year, founder Elon Musk has said. It was already “very close” to achieving the basic requirements of this “level-five” autonomy, which requires no driver input, he said. Tesla’s current, level-two Autopilot requires the driver to remain alert and ready to… Continue reading Tesla ‘very close’ to full self-driving, Musk says

@Tata-JLR: JAGUAR LAND ROVER REPORTS Q1 FISCAL 2020/21 RETAIL SALES

Jaguar Land Rover is the UK’s largest automotive manufacturer, built around two iconic British car brands. Land Rover is the world’s leading manufacturer of premium all-wheel-drive vehicles. Jaguar is one of the world’s premier luxury marques, as well as being the first ever brand to offer a premium all-electric performance SUV, the Jaguar I-PACE. At… Continue reading @Tata-JLR: JAGUAR LAND ROVER REPORTS Q1 FISCAL 2020/21 RETAIL SALES

CleanSpark, Inc. and ReJoule Awarded $2.9 Million Dollar Second-Life EV Battery Grant with Support from Ford Motor Company

SALT LAKE CITY and STANTON, Calif., July 9, 2020 /PRNewswire/ — CleanSpark, Inc. (Nasdaq: CLSK), a diversified software and services company, and ReJoule, a battery diagnostics and optimization company announced that they have been awarded a grant from the California Energy Commission. The grant is approximately $2.9 million and is slated to be deployed over the next 30… Continue reading CleanSpark, Inc. and ReJoule Awarded $2.9 Million Dollar Second-Life EV Battery Grant with Support from Ford Motor Company

Covid-19 Impact: OEM’s control in product design to reduce; suppliers role likely to increase

In an ETAuto CXO Roundtable in association with Siemens, a battery of industry magnates discussed the potential changes in the ways of collaborating and how partnerships will create a recipe for cost effective success in post-COVID era. (Image: FormTrends) New Delhi: In this pandemic situation, many businesses across the automobile industry are thinking about how… Continue reading Covid-19 Impact: OEM’s control in product design to reduce; suppliers role likely to increase

@BMW: Raw material supplies for battery cells: BMW Group sources sustainable cobalt worth around 100 million euros from Morocco

Munich. The BMW Group is driving the expansion of electromobility and sourcing the cobalt it needs as a key raw material for battery cells directly. Recently the BMW Group signed a supply contract with Moroccan mining company Managem Group. “The contract has a volume of around 100 million euros,” said Andreas Wendt, member of the… Continue reading @BMW: Raw material supplies for battery cells: BMW Group sources sustainable cobalt worth around 100 million euros from Morocco

Kia begins production of Sorento hybrid

Kia has started production of its new Sorento Hybrid, representing the first application of electrified power in Kia’s global flagship SUV. The new fourth-generation Sorento is manufactured at Kia’s Hwasung production facility in Korea, with hybrid, petrol and diesel variants of the SUV assembled on the same production line. The first Hybrid models to roll… Continue reading Kia begins production of Sorento hybrid

@Hyundai: The Future of Fuel Cell Electric Vehicles

The Future of Fuel Cell Electric Vehicles – Hyundai Motor Group TECH We use cookies to improve our site and your experience. By using this site, you agree to our TERMS OF USE Close Play Hyundai Motor Group presents you the world’s first hydrogen video guidebook, “The Value and Future of Eco-Friendly Hydrogen”. So what… Continue reading @Hyundai: The Future of Fuel Cell Electric Vehicles

@Hyundai: Start of production for new Kia Sorento Hybrid

Kia begins production of European-specification Sorento Hybrid at Hwasung production facility in Korea First application of electrified power in Kia’s global flagship SUV, enabled by a new platform and intelligently packaged cabin and powertrain More than three million Sorento models sold worldwide since 2002 Kia has started production of its new Sorento Hybrid, representing the… Continue reading @Hyundai: Start of production for new Kia Sorento Hybrid