Tag: Electric vehicles

Mercedes-Benz May Have An Edge With IBM’s New Cobalt-Free Battery

M-B helped develop the new technology, which is cheaper and more energy-dense than current Li-Ion batteries. The IBM Research-Almaden innovation lab released last December 18 it has developed a new battery technology that is not dependent on heavy metals, such as nickel or cobalt. The company is still very secretive of what it involves. Still,… Continue reading Mercedes-Benz May Have An Edge With IBM’s New Cobalt-Free Battery

Canadian electric vehicles startup opens India office to cater to Indian Industry

Encouraged by the latest Electric Vehicle policy announcements by the government, MakerMax System, a startup dedicated to the advanced lithium battery technologies and Online EV education, has expanded their operations in India with a series of new products and services. One of the product recently launched by the company is a indigenously developed desktop model… Continue reading Canadian electric vehicles startup opens India office to cater to Indian Industry

Nissan top executive Seki to resign in blow to turnaround plan

YOKOHAMA, Japan (Reuters) – The executive tasked with leading a recovery at Nissan Motor Co Ltd (7201.T) said he had decided to resign just weeks into his new job, a move that could disrupt the automaker’s push to turn the corner on scandal and slumping sales. FILE PHOTO: Nissan Motor executive officer and vice-COO Jun… Continue reading Nissan top executive Seki to resign in blow to turnaround plan

@Hyundai: Hyundai/Kia’s Automotive Lightweight Technology Development

The term ‘lightweight’ seems to have become ubiquitous in the recent discussions about automobiles. Just as people focus on diverse methods for dieting, the car manufacturers are focusing their R&D efforts on producing as light cars as possible. It is easy to see why the technology is being seen as crucial: being lightweight improves not… Continue reading @Hyundai: Hyundai/Kia’s Automotive Lightweight Technology Development

Kakao Makes Strategic Investment in Electric Vehicle Charging Service Provider Daeyoung Chaevi

Kakao has carried out a large investment into an electric vehicle charging service provider called Daeyoung Chaevi.As electric vehicles are becoming a norm, Kakao is looking into strengthening various mobility services using electric vehicle charging infrastructures. It is heard that Kakao is drawing up innovative models in various forms that are connected to various services… Continue reading Kakao Makes Strategic Investment in Electric Vehicle Charging Service Provider Daeyoung Chaevi

BMW Group and Daimler Mobility AG pave the way for profitable growth at mobility joint ventures

16.

December 2019

München/Stuttgart

Dynamic growth in joint ventures’ mobility services: nearly 90 million customers – up 44 percent since start of 2019 New umbrella organisation supports efficient steering and focusing of activities FREE NOW increases gross merchandise value (run rate) / platform revenues significantly to reach new record of more than two billion euros Munich/Stuttgart – Following the successful launch of the YOUR NOW joint ventures in February 2019, the companies are maintaining their dynamic growth course: Almost 90 million people currently use the joint ventures’ mobility services for car-sharing, ride-hailing, parking, charging and multimodal platforms, which are offered in over 1,300 cities worldwide.
The shareholders are now setting course for the joint ventures’ next phase of expansion, which will be focused on profitable growth. The services offered by the joint ventures will continue to be tailored to customer needs and clustered into three pillars: ..

@McLaren: Maximum-speed runs at Kennedy Space Center conclude McLaren Speedtail’s dynamic development programme

23 Dec 2019 McLaren Hyper-GT prototype ‘XP2’ concludes Speedtail high-speed validation programme, achieving 403km/h (250mph) more than 30 times during tests at the Johnny Bohmer Proving Grounds at Kennedy Space Center in Florida, USA Culmination of extensive dynamic development process for the fastest McLaren ever, carried out at multiple test venues worldwide First customer-order Speedtails… Continue reading @McLaren: Maximum-speed runs at Kennedy Space Center conclude McLaren Speedtail’s dynamic development programme

Sears sells DieHard brand to Advance Auto for $200 million

Joseph Pisani, Associated Press Published 2:50 p.m. ET Dec. 23, 2019 | Updated 2:54 p.m. ET Dec. 23, 2019 New York – Sears has sold the DieHard car battery brand as the struggling retailer continues to shed assets to raise cash. The company, created by Sears in 1967, was acquired by Advance Auto Parts for… Continue reading Sears sells DieHard brand to Advance Auto for $200 million

EMBARGOED-Electric vehicle startup Rivian scores $1.3 bln investment from T.Rowe Price, others

Dec 23 (Reuters) – Electric vehicle startup Rivian said on Monday it closed a $1.3 billion investment round, led by fund manager T. Rowe Price but also including existing investors online retailer Amazon.com Inc and No. 2 U.S. automaker Ford Motor Co. The investment round, which also included BlackRock Inc, is the fourth this year… Continue reading EMBARGOED-Electric vehicle startup Rivian scores $1.3 bln investment from T.Rowe Price, others