(Reuters) – Tesla Inc’s shares sky-rocketed on Thursday after the electric car maker surprised investors with a rare quarterly profit, and delivered a record number of cars while keeping a lid on costs. FILE PHOTO: A driver steers a Tesla Model S at the Nuerburgring race track, in the western German low mountain range of… Continue reading Tesla’s difficult path to profit in six charts
Tag: Strategy
Press: ZF and Danfoss Seal Strategic Partnership
“This is a robust long-term partnership that enables ZF and Danfoss to pool their strengths. Coming together on this opens up significant innovation potential to improve the technical and commercial competitiveness of our inverters. We will utilize this advantage in all our drivetrain applications, from hybrid up to full electric applications,” explains Jörg Grotendorst, Head… Continue reading Press: ZF and Danfoss Seal Strategic Partnership
German carmaker Daimler presents new business strategy for coming years
BERLIN, Nov. 14 (Xinhua) — The German car manufacturer Daimler on Thursday presented a new sustainable business strategy with a “clear commitment” to CO2-neutral mobility as well as cost-cutting measures.
According to Daimler, global regulatory CO2 targets would require ongoing high investment. The growing range of plug-in hybrids and all-electric vehicles was leading to cost increases that would have a negative impact on the return on sales of Mercedes-Benz cars.
In Daimler's core business alone, Mercedes-Benz Cars, the car manufacturer planned to save more than 1 billion euros (1.1 billion U.S. dollars) in personnel costs by the end of 2022. To this end, Daimler was seeking to cut jobs both in management and in non-production areas such as logistics and accounting.
According to Daimler, it would be in close contact with its employee representatives “in order to make the measures as acceptable as possible.”
With the business strategy, Daimler was also seeking to improve its free..
Renault: Groupe Renault co-develops a unique fabric made from 100% recycled materials for New Renault ZOE
A breakthrough industrial application, co-developed by Groupe Renault, Les Filatures du Parc, a French company specialized in carded yarn, and Adient Fabrics, the world’s leading supplier of automotive seats, with the support of Ademe and the Occitania region in France A unique, patented textile product made from safety belts, textile scraps and plastic bottle recycling,… Continue reading Renault: Groupe Renault co-develops a unique fabric made from 100% recycled materials for New Renault ZOE
Karma Appoints New Vice President, Autonomous Driving and ADAS
VIEW ALL () x Nov 14,2019 High-Tech Incubator Leverages Autonomous Technologies in Development of New Global BEV Platform New Vice President Joins November 2019, Will Lead Karma Autonomous Driving Roadmap and Karma Silicon Valley Tech Base Key Assignment: Develop Autonomous Driving and ADAS Technology Applications for Future Product IRVINE, Calif. (November 14, 2019) – Srini… Continue reading Karma Appoints New Vice President, Autonomous Driving and ADAS
Greaves Cotton completes acquisition of Ampere Vehicles
Following the acquisition, Ampere Vehicles is now part of the e-Mobility division of Greaves Cotton with significant presence in electric two-wheeler industry over the last 10 years. Chennai: Engineering firm Greaves Cotton Ltd on Thursday said it has increased its stake in Coimbatore-based Ampere Vehicles making the completion of the acquisition. Greaves Cotton announced the… Continue reading Greaves Cotton completes acquisition of Ampere Vehicles
Groupe PSA: Faurecia showcases its Cockpit of the Future and Sustainable Mobility solutions at the Tokyo Motor Show
Texte Amongst the key technologies showcased: Connected Premium Sound Technologies Automatic understanding of the occupant’s position and optimization of their sound environment by combining digital technologies and acoustic solutions. The car, equipped with Full Digital Sound, recognizes individuals and automatically plays their favorite music and optimizes the acoustic tuning offering an exceptional sound quality. … Continue reading Groupe PSA: Faurecia showcases its Cockpit of the Future and Sustainable Mobility solutions at the Tokyo Motor Show
Groupe PSA: Groupe PSA CO2 Reduction Targets Are Scientifically Certified as Consistent With the Paris Climate Agreement for a 2°C Trajectory
RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG) commits to reduce, by 2034: absolute greenhouse gas emissions from energy consumption of industrial activities (“scope 1 and 2”) by 20% from the 2018 base year. greenhouse gas emissions from use of sold products, considering the whole cycle “well to whell” (“scope 3”) by 37% per vehicle‑kilometer from… Continue reading Groupe PSA: Groupe PSA CO2 Reduction Targets Are Scientifically Certified as Consistent With the Paris Climate Agreement for a 2°C Trajectory
Groupe PSA: Groupe PSA CO2 reduction targets are scientifically certified as consistent with the Paris Climate Agreement
In line with its commitment to tackle climate change, Groupe PSA paves its way to carbon neutrality by having its greenhouse gas emission reduction targets approved by the Science Based Targets initiative (SBTi) Steering Committee. Validated targets echo the unconditional necessity to limit global warming to 2°C above pre-industrial levels, according to the latest climate… Continue reading Groupe PSA: Groupe PSA CO2 reduction targets are scientifically certified as consistent with the Paris Climate Agreement
ZF and Danfoss ink strategic partnership for R&D and power modules
Harald Deiss, Head of ZF Business Unit Electronic Systems; Jorg Grotendorst, Head of ZF Division E-Mobility; Kim Fausing, CEO, Danfoss Group; and Claus A. Petersen, Head of Danfoss Silicon Power. ZF Friedrichshafen and Danfoss Silicon Power, a subsidiary of the Danfoss Group, the largest industrial company in Denmark, have stepped up their existing cooperation with… Continue reading ZF and Danfoss ink strategic partnership for R&D and power modules