DETROIT, Jan. 28, 2021 /PRNewswire/ — GM plans to be carbon neutralⁱ by 2040 in its global products and operations GM aspires to eliminate tailpipe emissions from new light-duty vehicles by 2035 GM has committed to the Business Ambition Pledge for 1.5⁰C Today, GM announced that it plans to become carbon neutral in its… Continue reading General Motors, the Largest U.S. Automaker, Plans to be Carbon Neutral by 2040
Tag: Manufacturing
Tesla Teases Electric Van, Sees Delivery Surge While Earnings Miss
TipRanks 2 Big Dividend Stocks Yielding at Least 7%; Raymond James Says ‘Buy’ For investors seeking a strong dividend player, there are some market segments that are known for their high-yield dividends, making them logical places to start looking for reliable payers. The hydrocarbon sector, oil and gas production and mainstreaming, is one of these.… Continue reading Tesla Teases Electric Van, Sees Delivery Surge While Earnings Miss
@Geely: Kandi Contracts to Sell 3,000 EVs to Rideshare Partner
Jinhua, China, Jan. 28, 2021 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the “Company” or “Kandi”) announced today that one of its subsidiaries, Kandi Electric Vehicles (Hainan) Co., Ltd. (Kandi Hainan) signed a contract to sell 3,000 model K23 electric cars to an operating company in its ride-sharing alliance. The cars will… Continue reading @Geely: Kandi Contracts to Sell 3,000 EVs to Rideshare Partner
Faraday Future is going public and raising $1 billion
Faraday Future is going to become a publicly traded company on the Nasdaq stock exchange and is raising around $1 billion in the process. The troubled EV startup announced Thursday that it is indeed merging with special purpose acquisition corporation (or SPAC) Property Solutions, as first reported by Bloomberg earlier this month. About $230 million… Continue reading Faraday Future is going public and raising $1 billion
Car production slumps to lowest level since 1984
Shipments to the US, Japan and Australia last year all fell, down 33.7%, 21.6% and 21.8% respectively. Exports to China, however, ended the year up 2.3%, and those to South Korea and Taiwan also rose 3.6% and 16.7% respectively as these nations travelled on different trajectories in dealing with the pandemic. Go to Source
@Suzuki: January 28Suzuki December 2020 and Calendar Year 2020 Automobile Production, Japan Sales, and Export Figures (Preliminary)
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Valmet Automotive signs second customer deal for Uusikaupunki battery plant
Valmet Automotive has signed a second battery manufacturing contract with a major automotive OEM for the Uusikaupunki, Finland battery plant. The construction work at the Uusikaupunki battery plant site is proceeding as planned, with the production launch scheduled for the latter half of 2021. Production operator recruitments will start during spring this year. The new… Continue reading Valmet Automotive signs second customer deal for Uusikaupunki battery plant
@Geely: Thu 28 Jan 2021Matt Windle appointed MD Lotus CarsFollowing the news today that Phil Popham is to step down from his position at Lotus, the company co…
(Hethel, UK – 28 January 2021) – Following the news today that Phil Popham is to step down from his position at Lotus, the company confirms that Matt Windle, Executive Director, Engineering, is the newly appointed Managing Director, Lotus Cars. Welcoming Matt into his new role, Phil Popham said: “Matt is an excellent fit for… Continue reading @Geely: Thu 28 Jan 2021Matt Windle appointed MD Lotus CarsFollowing the news today that Phil Popham is to step down from his position at Lotus, the company co…
Britishvolt Appoints Timon Orlob As Chief Operating Officer
LONDON, Jan. 28, 2021 /PRNewswire/ — Britishvolt, the UK’s foremost investor in battery technologies, has further strengthened its leadership team with the appointment of Timon Orlob as Chief Operating Officer, effective 1 February 2021. Reporting directly to CEO, Orral Nadjari, Orlob will be responsible for delivering the skills and systems required for Britishvolt to construct… Continue reading Britishvolt Appoints Timon Orlob As Chief Operating Officer
@Honda: Honda Sets Monthly Records for Automobile Production Overseas, in Asia and China
World Production December 2020 YOY Jan.- Dec.2020 YOY Japan 61,486 121.2% 729,500 86.5% Outside of Japan 366,506 ＊ 117.4% 3,669,083 84.8% North America 117,328 116.0% 1,450,518 79.8% (USA) 75,956 113.1% 966,448 80.2% Europe 5,353 90.4% 69,408 63.8% Asia 234,257 ＊ 120.2% 2,045,573 91.5% (China)… Continue reading @Honda: Honda Sets Monthly Records for Automobile Production Overseas, in Asia and China