Kim Pittel, Jim Holland retiring after 30-plus years each with Ford John Lawler, David McClelland take on new senior-level roles Bob Holycross, Marion Harris and Chuck Gray appointed corporate officers DEARBORN, Mich., Nov. 7, 2019 – Ford Motor Company today announced the retirement of two longtime executives, new assignments for two corporate officers, and promotions… Continue reading @Ford: Ford Announces New Executive Leaders For Sustainability/Safety, AV, Strategy, and Ford Credit
Tag: Strategy
Press: ZF To Establish China Industrial Park in Jiaxing
Jiaxing, China. On November 22nd, 2019, ZF (China) Investment Co., Ltd. and Jiaxing Economic & Technological Development Zone (JXEDZ) signed an agreement for the establishment of Industrial Park in China. Guests including Mr. Chen Lizhong, Member of the Standing Committee of CPC Jiaxing Municipal Committee, the Secretary of Park Work Committee of JXEDZ, Mr. Wilhelm… Continue reading Press: ZF To Establish China Industrial Park in Jiaxing
Chinese electric car maker WM Motor targets $1 billion funding round – CNBC
Chinese electric carmaker WM Motor is seeking up to $1 billion in funding within the next six months as it targets one new model a year. The aspiring Tesla rival completed its series-C funding round in the first quarter of 2019, and is now looking to secure its series-D financing “hopefully in the next six… Continue reading Chinese electric car maker WM Motor targets $1 billion funding round – CNBC
Daily Crunch: Tesla unveils its futuristic Cybertruck
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Behold, the Tesla Cybertruck is here Elon Musk has unveiled a vehicle that looks like it was ripped straight out of… Continue reading Daily Crunch: Tesla unveils its futuristic Cybertruck
VW remains at Hamburg’s side
The manufacturer Volkswagen extends its partnership with Hamburg in terms of mobility. The strategic partnership of Hamburg with the manufacturer Volkswagen was also for the ITS World Congress 2021 been closed. This partnership led to a test field for autonomous driving in Hamburg, at which Volkswagen automated its eGolfs has tested. Volkswagen and Hamburg extend… Continue reading VW remains at Hamburg’s side
Workhorse Secures $41 Million Financing from Institutional Lender
CINCINNATI, Nov. 22, 2019 /PRNewswire/ — Workhorse Group Inc. (NASDAQ: WKHS) (“Workhorse” or “the Company”), an American technology company focused on providing sustainable and cost-effective electric-mobility solutions to the transportation sector, has entered into a financing agreement with a principal amount of $41.0 million with an institutional lender. The proceeds will be used for current working capital,… Continue reading Workhorse Secures $41 Million Financing from Institutional Lender
Panasonic has no plans for new Tesla battery plant in China: CEO
FILE PHOTO: Panasonic Corp President Kazuhiro Tsuga attends a joint news conference with Toyota Motor Corp President Akio Toyoda in Tokyo, Japan, December 13, 2017. REUTERS/Toru Hanai TOKYO (Reuters) – Panasonic Corp (6752.T) has no plans to build a new battery plant for Tesla Inc (TSLA.O) in China, the Japanese company’s chief executive said, as… Continue reading Panasonic has no plans for new Tesla battery plant in China: CEO
@Daimler: 20. Nov 2019Further milestones of the Daimler sustainability initiative
Creating lasting values with sustainable mobility Short version: 12. Daimler Sustainability Dialogue CO2-reduction and sustainable mobility are not only important social challenges, but also key elements of Daimler’s business strategy. The 12th edition of the Daimler Sustainability Dialogue discussed what this means in practice. On 20 and 21 November 2019, the Dialogue brought together over… Continue reading @Daimler: 20. Nov 2019Further milestones of the Daimler sustainability initiative
@Daimler: 04. Nov 2019Daimler launches new corporate structure
November 04, 2019 – We have launched our new corporate structure as planned on November 1, 2019. The separation of the car and van and the truck and bus businesses to two new subsidiaries took effect at the end of October with their respective entries in the commercial register. Three legally independent stock corporations now… Continue reading @Daimler: 04. Nov 2019Daimler launches new corporate structure
Fiat Chrysler brushes off GM lawsuit, sees Peugeot deal by year end
TURIN/PARIS (Reuters) – Fiat Chrysler (FCA) on Thursday brushed off a shock lawsuit from General Motors (GM) and said it was confident of reaching a binding merger deal with Peugeot owner PSA Group by the end of this year to create the world’s fourth largest carmaker. FILE PHOTO: The logos of car manufacturers Fiat and… Continue reading Fiat Chrysler brushes off GM lawsuit, sees Peugeot deal by year end