Bloomberg Foxconn’s Profit Misses Estimates as Pivot to Cars Accelerates (Bloomberg) — Hon Hai Precision Industry Co. warned that component shortages could persist till 2022 and affect under a tenth of its shipments, amplifying concerns that a global chip crunch could extend well beyond this year.The assembler of most of the world’s iPhones follows fellow… Continue reading Romeo Power Tumbles As EV Battery Play Warns Of 2021 Shortages
Tag: Electric vehicles
Biden infrastructure plan proposes spending $174B to boost America’s EV market
President Joe Biden has earmarked $174 billion from his ambitious infrastructure plan to build out domestic supply chains for electric vehicles, noting the imperative for United States automakers to “compete globally” to win a larger share of the EV market. The funds are just one part of Biden’s plan, which calls for an ambitious $2… Continue reading Biden infrastructure plan proposes spending $174B to boost America’s EV market
Hyundai Releases Teaser Sketch of Segment-Shattering Santa Cruz
“Santa Cruz, with its bold styling, breaks open all-new segment territory, both for Hyundai and the industry as a whole. Open-bed flexibility coupled with closed-cabin security meets the changing everyday needs of its adventure-oriented buyers, while powerful and efficient engines and superb maneuverability ensure it is a pleasure to drive in urban or off-road environments.… Continue reading Hyundai Releases Teaser Sketch of Segment-Shattering Santa Cruz
Linamar Partners with Roush and Ballard to Develop Fuel Cell Hybrid Electric Delivery Vans for CARB Program
Companies collaborate on pilot program to increase zero-emissions capabilities for medium-duty vehicles LIVONIA, Mich., March 31, 2021 /PRNewswire/ – Linamar Corporation (TSX: LNR) has entered the evaluation phase for the first Fuel Cell Electric Vehicle Delivery Vans in their technology contract with the Center for Transportation and the Environment (CTE). CTE is managing the Next Generation… Continue reading Linamar Partners with Roush and Ballard to Develop Fuel Cell Hybrid Electric Delivery Vans for CARB Program
The GS8: Luxury Flagship 7-Seater SUV
During a recent test drive of the 2020 GS8 in Dubai, ArabGT founder Mousub Shashaa praised the car’s four-cylinder 320T engine. This particular engine uses advanced turbo technology to produce great power while maintaining smooth handling. Mr. Shashaa’s expert eye noted that the same suppliers as some of the world’s biggest car companies manufactured many… Continue reading The GS8: Luxury Flagship 7-Seater SUV
Rooftop solar combined with batteries, EVs is key for India: IEEFA
New Delhi: Policymakers and regulators must build the framework required for combining rooftop solar with battery storage and electric vehicles (EVs) to achieve a sustainable and energy-secure future, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). India has set an ambitious renewable energy target of 450 gigawatts (GW)… Continue reading Rooftop solar combined with batteries, EVs is key for India: IEEFA
@Ford: Ford’s New Science-Based, Interim Carbon-Neutral Targets Highlight First Integrated Sustainability, Financial Report
SBTi endorses two new Ford interim carbon-neutrality targets for substantial reductions in greenhouse gas emissions from operations and products by 2035 Integrated reporting underscores that achieving ‘better world’ goals – for the environment and in social matters and governance – is vital to company’s success on behalf of all stakeholders Increasing commitment to zero-emission EVs… Continue reading @Ford: Ford’s New Science-Based, Interim Carbon-Neutral Targets Highlight First Integrated Sustainability, Financial Report
@BMW: BMW connects customers with new My BMW App.001023
Woodcliff Lake, NJ – March 31, 2021… BMW announced today the all-new My BMW App, providing customers with the ultimate in connectivity and digital services for their vehicles. The new app succeeds the BMW Connected app and builds on its seamless feature integration with several new functionalities, improved Amazon Alexa integration, and more. Customers can also… Continue reading @BMW: BMW connects customers with new My BMW App.001023
Volkswagen admits ‘Voltswagen’ name change was a joke amid confusion
Volkswagen of America issued false statements this week saying it would change its brand name to “Voltswagen” as a way to stress its commitment to electric vehicles, only to reverse course on Tuesday and admit that the supposed name change was just a joke. Mark Gillies, a company spokesman, confirmed on Tuesday that the statement… Continue reading Volkswagen admits ‘Voltswagen’ name change was a joke amid confusion
Lexus unveils electric SUV concept that is ‘symbolic’ of its next-generation vehicles
Lexus has unveiled a new electric SUV concept, the “LF-Z Electrified,” but it’s not something it plans to bring to production. Rather, the automaker says that it is “symbolic” of its next-generation Lexus. Toyota, Lexus’s parent company, has notoriously been a laggard in the auto industry when it comes to battery-electric vehicles. The Japanese automaker… Continue reading Lexus unveils electric SUV concept that is ‘symbolic’ of its next-generation vehicles