Tata Motors losses have widened for the third consecutive quarter and the automotive bellwether has posted a consolidated loss of Rs 4,442 crore for in Q2FY2022 compared to a loss of Rs 314 crore in Q2FY2021. The net revenue however came in higher at Rs 61,379 crore, up 14.7 percent from Q2FY2021 revenue of Rs 53,530 crore.… Continue reading Tata Motors losses expand on supply side concerns
Tag: Strategy
Honda Strengthens Commitment to Corporate Social Responsibility in America; Strategy Includes New Charitable Funding Opportunities
“By aligning our CSR strategy around key areas of our societal commitment, Honda is taking steps toward our goal of helping people reach their life’s potential,” said Yvette Hunsicker, vice president of the Corporate Social Responsibility and Inclusion & Diversity Divisions, American Honda Motor Co., Inc. “We are committed to making positive and lasting change… Continue reading Honda Strengthens Commitment to Corporate Social Responsibility in America; Strategy Includes New Charitable Funding Opportunities
Autobrains Announces $101 Million Series C Funding Led by Temasek
Autobrains, developer of self-learning AI for autonomous driving raised $101 million in Series C financing. Tweet this Today’s announcement reflects anticipation from global leaders, including Tier 1 suppliers and OEMs, as well as sophisticated investment funds, that Autobrains is disrupting the advanced driver-assistance systems (ADAS) and autonomous vehicle marketplace with its alternative approach to AI… Continue reading Autobrains Announces $101 Million Series C Funding Led by Temasek
Hankook Tire to Provide Two Original Equipment Fitments for 2022 Nissan Frontier
Optimized for all-season functionality and highway performance, the premium Dynapro HT provides drivers with longer tread wear, improved traction and low rolling resistance. Featuring a snow kerf, multi-depth lateral lugs, and button and semi-solid ribs, the Dynapro HT is also built for improved traction in snow. Its unique cap tread is engineered with an optimized… Continue reading Hankook Tire to Provide Two Original Equipment Fitments for 2022 Nissan Frontier
Atlis Motor Vehicles Forms Strategic Collaboration With EAVX To Develop Electric Commercial Work Trucks
MESA, Ariz., Nov. 1, 2021 /PRNewswire/ — Atlis Motor Vehicles (ATLIS), a startup mobility technology company, announced today the signing of a Strategic Collaboration Agreement with the JB Poindexter & Co business unit EAVX to develop electric commercial work truck products that integrate EAVX bodies and accessories with the ATLIS XP platform. ATLIS is developing a fully electric… Continue reading Atlis Motor Vehicles Forms Strategic Collaboration With EAVX To Develop Electric Commercial Work Trucks
BorgWarner to Supply European OEM with SiC Inverters for New Electric Vehicles
AUBURN HILLS, Mich., Nov. 1, 2021 /PRNewswire/ — BorgWarner announced today that its 400V Silicon Carbide (SiC) inverter has been selected to help power various models of a European OEM’s battery electric vehicles. The inverter features dual-sided cooled power switches, providing a significant breakthrough in support of vehicle electrification and offering OEMs superior operational characteristics such… Continue reading BorgWarner to Supply European OEM with SiC Inverters for New Electric Vehicles
@Tata-JLR: SEMICONDUCTOR SHORTAGE CONTINUES TO CONSTRAIN SALES AND PROFITABILITY IN Q2 DESPITE STRONG DEMAND
Q2 wholesales 64,032, down 12.8% year-on-year due to chip supply, in line with guidance Revenue of £3.9 billion and pre-tax loss of £302 million Free cash outflow of £664 million, significantly better than expected £1 billion outflow Demand remains strong with record order book of more than 125k units Strong liquidity of £5.9 billion at… Continue reading @Tata-JLR: SEMICONDUCTOR SHORTAGE CONTINUES TO CONSTRAIN SALES AND PROFITABILITY IN Q2 DESPITE STRONG DEMAND
Lear, Shinry Forming Joint Venture for Onboard Vehicle Chargers
SOUTHFIELD, Mich., Nov. 1, 2021 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that it has signed a definitive agreement to establish a joint venture with Shinry Technologies Co. Ltd. (300745.SZ), a China-based Tier 1 supplier of electronics for electric vehicles. The completion of the approval and registration… Continue reading Lear, Shinry Forming Joint Venture for Onboard Vehicle Chargers
LG’s Newest In-Vehicle Infotainment System to Debut in Renault Mégane E-Tech Electric
November 1, 2021 LG’s Newest In-Vehicle Infotainment System to Debut in Renault Mégane E-Tech Electric Open share list Share this content. Based on Google Android Automotive and Android 10, LG’s New IVI System Optimized for Convenience, Connectivity SEOUL, Nov. 1, 2021 — LG Electronics’ (LG) next-generation In-Vehicle Infotainment (IVI) system will make its debut in… Continue reading LG’s Newest In-Vehicle Infotainment System to Debut in Renault Mégane E-Tech Electric
Innovation and marketing at the heart of Tesla
Listen to the audio version of the article 2 ‘of reading With sales records and a capitalization that broke the trillion dollar ceiling, Tesla deserves some reflection. The founder of Revlon taught that “in the factory we produce cosmetics, in the shop we sell hope”. At the factory, all machines are machines. But who buys… Continue reading Innovation and marketing at the heart of Tesla