India has witnessed rapid economic growth, urbanization and consequent demand for mobility over the past few decades. By Srihari Mulgund and Deepak Mittal The automotive industry is at the cusp of a transition to Electric Vehicles (EVs). The two-wheeler and passenger car segment have seen substantial activity with a flurry of startups, mainly in 2Ws,… Continue reading Electric buses – The next frontier in the Indian EV story
Tag: Strategy
Tata Group to hive off four startups to Digital
Tata Industries is an investment holding company and has incubated and promoted new business ventures. Tata Industries is set to hive some of its significant startup businesses such as Tata Cliq, Tata Cliq Luxury, Tata CLIQ Palette and Tata Health off to Tata Digital in the next two weeks as part of a move to… Continue reading Tata Group to hive off four startups to Digital
@niche: INEOS Styrolution’s 2021 sustainability report outlines company goal of net zero emissions by 2050002205
Report announces company goal to achieve net zero emissions by 2050 Company aims to sell half a million tonnes of ECO products in 2030 to support customers in meeting their sustainability targets INEOS Styrolution’s, the world’s leading styrenics supplier, has stepped up its commitment to climate protection and increased circularity. Its latest sustainability report focuses… Continue reading @niche: INEOS Styrolution’s 2021 sustainability report outlines company goal of net zero emissions by 2050002205
Tesla’s robot strategy is inextricably tied to its Autopilot strategy, for better or for worse
Tesla unveiled its first prototype of its Optimus humanoid robot on Friday — an actual robot this time, by the strictest definition, instead of a flesh and blood human clad in a weird suit. The robot performed some basic functions, including walking a little bit and then raising its hands — all for the first time without… Continue reading Tesla’s robot strategy is inextricably tied to its Autopilot strategy, for better or for worse
Tesla’s robot is a real robot now, not just a guy in a suit
Tesla CEO Elon Musk kicked off its Tesla AI Day 2022 with a quick level set on expectations — “we’ve come a long way” — and then stepped aside to allow the first iteration of its robot walk out onto the stage. The robot wasn’t a human dressed in a robot costume like last year. … Continue reading Tesla’s robot is a real robot now, not just a guy in a suit
Toyota still hasn’t received the EV memo, sticks to hybrid strategy going forward
It looks like Toyota is still not getting the message: people want electric vehicles, not hybrids. Despite all the evidence pointing to the inevitable growth of EVs in the auto industry, Toyota insists on sticking with hybrids, claiming, “That’s our strategy, and we’re sticking to it.” Well, Toyota, you may end up being left behind… Continue reading Toyota still hasn’t received the EV memo, sticks to hybrid strategy going forward
Intel’s self-driving car division Mobileye files for IPO
The move to list Mobileye on the New York Stock Exchange is part of Intel’s broader strategy to turn around its core business. Go to Source
Geely buys 7.6% share in Aston Martin
Chinese car giant Geely has taken a 7.6 per cent share in Aston Martin Lagonda, helping to raise the £654 million the British firm said it needed earlier this year. Other shareholders in the shape of Mercedes-Benz, the Yew Tree Consortium and Saudi Arabia’s Public Investment Fund also contributed to the fund raising. Geely already… Continue reading Geely buys 7.6% share in Aston Martin
German FAZ: “Porsche is not floating on a pink cloud”004222
Made it: Porsche CFO Lutz Meschke, 56, on Thursday at the Frankfurt Stock Exchange. The Porsche IPO is the largest in Germany since Deutsche Telekom in 1996. Image: Lucas Bäuml In an interview, Porsche CFO Lutz Meschke talks about growing geopolitical risks, his company’s mega IPO and computer-controlled sports cars. Mr. Meschke, Porsche made the… Continue reading German FAZ: “Porsche is not floating on a pink cloud”004222
@AML: Appointment of Non-executive Director000333
RNS Number : 2063B Aston Martin Lagonda Global.Holdings PLC 29 September 2022 29 September 2022 Aston Martin Lagonda Global Holdings plc Appointment of Non-executive Director Aston Martin Lagonda Global Holdings plc (the “Company”) announces the appointment of Sir Nigel Boardman as an Independent Non-executive Director with effect from 1 October 2022. A partner at… Continue reading @AML: Appointment of Non-executive Director000333