Tag: Strategy

@BMW: This Toy is Electric. Electrified open-air fun of the future.002129

Munich/Asheville. Sunshine, rising temperatures, fresh green scenery: Right on time for summer, MINI is presenting the all-electric MINI Cooper SE as a convertible for the first time. Not as a series production version, but as a unique specimen that shows how the path to an all-electric premium brand could continue and also electrify classic sporty… Continue reading @BMW: This Toy is Electric. Electrified open-air fun of the future.002129

EU clean energy targets risk being missed as rates rise

Receive free Hydrogen power updates We’ll send you a myFT Daily Digest email rounding up the latest Hydrogen power news every morning. Green hydrogen is a key part of the European Commission’s strategy to cut its dependence on Russian fossil fuels and tackle the climate crisis — but economic conditions are putting projects, and targets,… Continue reading EU clean energy targets risk being missed as rates rise

Global energy storage company Powin raises $135m led by Singapore’s GIC

Global energy storage developer Powin Energy has raised $135 million in funding led by Singapore’s sovereign wealth fund GIC, per its announcement The round also saw participation from existing investors Trilantic Energy Partners North America and Energy Impact Partners (EIP). Powin notes that the funds will enable it to scale global manufacturing, further develop its… Continue reading Global energy storage company Powin raises $135m led by Singapore’s GIC

Hyundai to electrify high-performance N brand

Hyundai said Thursday it will begin building electric vehicles under its high-performance N brand created to compete with luxury sports cars from Mercedes-Benz and BMW. The automaker said the Ioniq 5 N, high-performance version of its battery-electric SUV, will launch in 2023. Hyundai also premiered Thursday two high-performance concepts — RN22e and N Vision 74… Continue reading Hyundai to electrify high-performance N brand

Hyundai Motor’s N Brand Unveils Two Rolling Lab Concepts, Signaling High-Performance Vision for Electrification Era

“RN22e and N Vision 74 play an important role in the strategic development of our entire product lineup, especially our electrified, high-performance vehicles,” said Thomas Schemera, Executive Vice President and Head of Customer Experience Division at Hyundai Motor Company. “Rolling labs represent the continuous development of our most advanced technologies.” “In just seven years, Hyundai… Continue reading Hyundai Motor’s N Brand Unveils Two Rolling Lab Concepts, Signaling High-Performance Vision for Electrification Era

@GM: GM and Pilot Company to Build Out Coast-to-Coast EV Fast Charging Network July 14, 2022

Powered by EVgo eXtend, this network will help enable long-distance electric travel across the U.S. DETROIT and KNOXVILLE, Tenn., July 14, 2022 /PRNewswire/ — To accelerate the widespread adoption of EVs, increase access to charging and help enable long-distance electric travel of people and vehicles across the U.S., GM and Pilot Company (Pilot and Flying J)… Continue reading @GM: GM and Pilot Company to Build Out Coast-to-Coast EV Fast Charging Network July 14, 2022

Dueling $2.5 million hypercar EVs arrive this summer

It’s shaping up to be the summer of dueling seven-figure electrified hypercars. But perhaps it’s more of a sibling rivalry, as the Rimac Nevera and Pininfarina Battista share common DNA. Rimac said Tuesday that its $2.5 million 1,914-horsepower Nevera has begun rolling off the assembly line. Pininfarina announced the following day that its own $2.5… Continue reading Dueling $2.5 million hypercar EVs arrive this summer

Autonomous vehicles startup Nuro winds down operations in Phoenix

Nuro, the autonomous vehicle delivery startup that is valued at more than $8.6 billion, is closing its Phoenix facility as it shifts its commercial strategy away from the desert metropolis and toward the San Francisco Bay Area and Houston. Nuro told employees that the Phoenix Depot location would be closed by October 1, according to… Continue reading Autonomous vehicles startup Nuro winds down operations in Phoenix

As Coinbase falters, Binance.US is waiting in the wings

As the largest publicly traded crypto exchange in the United States, Coinbase has become something of a household name. But as the going gets tough in the crypto markets, the company seems to be fumbling the bag, leaving it vulnerable to competition. Coinbase’s stock price is down nearly 80% from where it started the year… Continue reading As Coinbase falters, Binance.US is waiting in the wings