Former Aston Martin CEO and ex-Nissan chief planning officer Andy Palmer has joined a Slovakian-based venture to develop the world’s first artificial intelligence (AI) battery production centre. The facility uses AI to commercialise battery cells up to 10 times faster than today’s most common processes. The company, called InoBat and financed by a private equity… Continue reading Ex-Aston Martin CEO Andy Palmer joins AI battery project
Tag: Electric vehicles
Uber still sees micromobility and AVs in its future, and could push Prop 22 beyond California
Uber made headlines earlier this year when it offloaded Jump, the shared bike and scooter unit that once appeared to be a critical piece of its transportation. Despite that move, Uber still sees micromobility as “really important” to the company, according to Uber Director of Policy, Cities and Transportation Shin-pei Tsay, who joined TechCrunch on… Continue reading Uber still sees micromobility and AVs in its future, and could push Prop 22 beyond California
German Handelsblatt: Congress #Neuland: CO2-neutrality: Daimler boss Ola Källenius also takes suppliers to account000491
Ola Källenius The Daimler CEO calls for a rapid expansion of the charging infrastructure. (Photo: Reuters) Duisburg The car manufacturer Daimler has ambitious climate goals. A year ago, CEO Ola Källenius announced that the Mercedes fleet should be completely CO2-neutral by 2039. As early as 2030, every second car should be powered electrically – either… Continue reading German Handelsblatt: Congress #Neuland: CO2-neutrality: Daimler boss Ola Källenius also takes suppliers to account000491
Hyundai delivers first seven Xcient fuel cell trucks to customers in Switzerland
Hyundai Motor Company today delivered the first seven units of its Xcient Fuel Cell, the world’s first mass-produced fuel cell electric heavy-duty truck, to customers in Switzerland, with a total of 50 hitting the roads there this year. These trucks will haul payloads of consumer goods around Switzerland, emitting nothing but clean water. The operations… Continue reading Hyundai delivers first seven Xcient fuel cell trucks to customers in Switzerland
Elon Musk could pocket another $3 billion if Tesla hits earnings goals (TSLA)
Maja Hitij/Getty Images Tesla CEO Elon Musk could pocket another $3 billion in compensation if the electric vehicle company hits specific revenue or profit goals in its upcoming third quarter earnings report. This would be Musk’s fourth of 12 tranches of awarded Tesla options, which is part of his 2018 incentive pay package. The pay… Continue reading Elon Musk could pocket another $3 billion if Tesla hits earnings goals (TSLA)
Hyundai Motor’s Delivery of XCIENT Fuel Cell Trucks in Europe Heralds Its Commercial Truck Expansion to Global Markets
“The delivery of XCIENT Fuel Cell starts a new chapter not only for Hyundai’s hydrogen push, but also the global community’s use of hydrogen as a clean energy source,” said In Cheol Lee, Executive Vice President and Head of Commercial Vehicle Division at Hyundai Motor. “Today’s delivery is just a beginning as it opens endless… Continue reading Hyundai Motor’s Delivery of XCIENT Fuel Cell Trucks in Europe Heralds Its Commercial Truck Expansion to Global Markets
Electric 2-wheeler sales at 2,544 units in September, up 72%
Image for representational purpose only. There’s some electric action happening in the EV industry but on two wheels. The high-speed electric two-wheeler industry is witnessing signs of revival. As per the latest data available, this segment has reported strong year-on-year growth of 72 percent in September 2020, albeit on a low year-ago base. According to… Continue reading Electric 2-wheeler sales at 2,544 units in September, up 72%
Volkswagen eyes 90% electric car sales in Norway next year
By Reuters Staff 2 Min Read FILE PHOTO: People walk past the Volkswagen booth at the Beijing International Automotive Exhibition, or Auto China show, in Beijing, China September 26, 2020. REUTERS/Thomas Peter OSLO (Reuters) – Electric cars will likely make up 90% of Volkswagen AG’s VOWG_p.DE sales in Norway next year and could completely replace… Continue reading Volkswagen eyes 90% electric car sales in Norway next year
Rissala Electric Motors opens Evolet dealership in Hyderabad
Gurgaon-based Rissala Electric Motors which launched Evolet electric vehicle brand in September 2019 is now looking to expand its retail presence in the country. The company has inaugurated its new dealership in Hyderabad, Telangana. The company says it plans to have all-India operations with special emphasis on Telangana, which is supported by a strong and… Continue reading Rissala Electric Motors opens Evolet dealership in Hyderabad
Mercedes maps out push to lift profits during electric-car shift – BNN
Mercedes-Benz, which has fixated for years on leading the auto industry in luxury-vehicle sales, will put less emphasis on volume and restructure its operations to be more profitable in the midst of a costly shift to electric cars. Daimler AG’s main division will aim for a return on sales in the mid to high single-digit… Continue reading Mercedes maps out push to lift profits during electric-car shift – BNN