Michelin announces its acquisition of Masternaut, one of the largest European telematics providers In line with the Group’s development strategy in the Services & Solutions business and leveraging the experience it has gained following the Sascar and NexTraq acquisitions in America, Michelin announces it has signed an agreement to acquire the entire share capital of… Continue reading Michelin announces its acquisition of Masternaut, one of the largest European telematics providers
Tag: Strategy
Class-leading Onboard Battery Charger Strengthens BorgWarner’s EV Systems Leadership
AUBURN HILLS, Mich., May 16, 2019 /PRNewswire/ — BorgWarner introduces its state-of-the-art Onboard Battery Charger (OBC), adding to the company’s impressive portfolio of technologies for plug-in hybrid and pure-electric vehicles. This technology uses pioneering silicon carbide technology and is best in class for power density, power conversion efficiency and safety compliance. The OBC is installed… Continue reading Class-leading Onboard Battery Charger Strengthens BorgWarner’s EV Systems Leadership
Statement by Harald Krüger, Chairman of the Board of Management of BMW AG, 99th Annual General Meeting of BMW AG in Munich on 16 May 2019
Maintaining our stance. Leading the way. Taking responsibility. To all our shareholders, Here in the Olympic Hall and those watching online, a very warm welcome! I would also like to welcome our associates and all our other guests. This is our 99th Annual General Meeting – an impressive number! We have had our ups and… Continue reading Statement by Harald Krüger, Chairman of the Board of Management of BMW AG, 99th Annual General Meeting of BMW AG in Munich on 16 May 2019
Inspire rather than prescribe: BMW Group believes in technology openness for e-mobility
Munich. The BMW Group, a pioneer in electromobility, is rapidly expanding its range of electrified vehicles. Within two years, the company will offer five fully-electric series-production vehicles: Alongside the BMW i3, with more than 150,000 units built to date, this year will see the start of production of the fully electric MINI at Plant Oxford… Continue reading Inspire rather than prescribe: BMW Group believes in technology openness for e-mobility
Ford continues hybrid strategy as other automakers switch to EVs
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Tesla’s communications chief is leaving the automaker
Dave Arnold, Tesla’s senior director of communications, is leaving the company after two-and-half years, according to sources familiar with the move. Tesla confirmed to TechCrunch that Arnold was leaving in June. “We’d like to thank Dave for his work in support of Tesla’s mission, and we wish him well,” a Tesla spokesperson said in a… Continue reading Tesla’s communications chief is leaving the automaker
Volvo Cars Battles Parts Scarcity in Electrification Push
Volvo Cars is hoping battery deals with Asian suppliers will help it overcome hurdles in an ambitious electrification strategy that’s struggling with a shortage of components.
Volvo Car Group signs multi-billion dollars battery supply deals
SHANGHAI, May 15 (Xinhua) — Volvo Car Group announced on Wednesday that it signed long-term agreements with leading battery makers CATL and LG Chem to ensure the multi-billion dollars supply of lithium-ion batteries over the coming decade for next-generation Volvo and Polestar models.
The agreements cover the global supply of battery modules for all models on the upcoming SPA2 and the existing CMA modular vehicle platforms and represent a major step toward realizing Volvo Cars' ambitious electrification strategy.
In 2017, Volvo Cars made the commitment that all new Volvo cars launched from 2019 would be electrified. The company stated that it aims for fully electric cars to make up 50 percent of its global sales volume by 2025.
“The future of Volvo Cars is electric, and we are firmly committed to moving beyond the internal combustion engine,” said Håkan Samuelsson, president and CEO of Volvo Cars. “Today's agreements with CATL and LG Chem demonstrate how we will reach our..
Electric Vehicle Approved scheme to recognise dealers
A new scheme has been launched to recognise dealerships skilled at selling and servicing electric vehicles. The Electric Vehicle Approved scheme will encourage car dealers to develop their expertise in servicing electric vehicles, as the country continues to move towards a zero-emission future backed by the government’s comprehensive £1.5 billion Road to zero strategy. The… Continue reading Electric Vehicle Approved scheme to recognise dealers
Driving the 2020 Mercedes-Benz EQC All-Electric Luxury SUV
OSLO, Norway—We’re making our way back to the hotel after a rainy day of driving and otherwise being indoctrinated to the key elements of the all-new, all-electric 2020 Mercedes-Benz EQC 400 4Matic. As the traffic slows, we get a chance to glance at the cars passing by us on their way out of Oslo’s city… Continue reading Driving the 2020 Mercedes-Benz EQC All-Electric Luxury SUV