JINHUA, CHINA, Sept. 13, 2021 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ GS: KNDI), today announced that it received the final payment from the sale of its 22% equity in Fengsheng Automotive Technologies Group Co., Ltd. back to Geely. According to the Equity Transfer Agreement, Kandi sold back its… Continue reading @Geely: Kandi Receives Final Payment from Fengsheng Sale
Tag: Strategy
Autos & Transportation · 4:07 AM UTCGM digs in with LG Corp to speed a fix for Bolt battery firesGeneral Motors Co is taking a more direct role with S…
Sept 13 (Reuters) – General Motors Co (GM.N) is taking a more direct role with South Korea’s LG Corp (003550.KS), its longtime electric vehicle partner, in tracking down and fixing problems linked to battery fires in Chevrolet Bolts that threaten the strategic plans of both companies. At an investor conference on Friday, GM Chief Financial… Continue reading Autos & Transportation · 4:07 AM UTCGM digs in with LG Corp to speed a fix for Bolt battery firesGeneral Motors Co is taking a more direct role with S…
Italvolt signs one million square meters land purchasing agreement
Italvolt’s gigafactory, which once fully operational, is destined to become one of Europe’s largest production and storage sites of lithium batteries for electric vehicles, with a planned capacity of 45 GWh. This represents one of the most important and largest industrial investment projects in Italy in modern times, involving an overall investment of around 3.4 billion… Continue reading Italvolt signs one million square meters land purchasing agreement
From passenger vehicles to military use, Hyundai Motor Group’fully mobilize’ for preoccupies the hydrogen market
Segmentation of target markets by affiliatesKia, in charge of military vehicles and power generationHyundai Mobis discovering non-vehicles such as forkliftsHyundai Motor Company develops 3rd genera The background of the electric vehicle roadmap revealed by Kia is interpreted as the will of Hyundai Motor Group to mobilize their company-wide full capabilities to quickly dominate the hydrogen… Continue reading From passenger vehicles to military use, Hyundai Motor Group’fully mobilize’ for preoccupies the hydrogen market
@niche: Elio Motors announces its intent to produce an electric version of it’s popular vehicle.001217
Press Releases Phoenix, AZ— September 9, 2021 — Elio Motors OTCMKTS: ELIO, (eliomotors.com) is announcing their intention to produce an electric version of their three-wheeled vehicle. The announcement is based on the change in consumer demand and finance markets’ new appetite for electric vehicles. The Elio-E model has a targeted base at $14,900 making it the… Continue reading @niche: Elio Motors announces its intent to produce an electric version of it’s popular vehicle.001217
German-Chinese startup Agile Robots raises $220m led by SoftBank Vision Fund 2 …
German-Chinese startup Agile Robots said on Thursday that it had raised $220 million from investors led by the SoftBank Vision Fund 2 and would invest the proceeds in expanding its production and sales operations. The investment round valued Agile Robots, which has dual headquarters in Munich and Beijing, at more than $1 billion – adding… Continue reading German-Chinese startup Agile Robots raises $220m led by SoftBank Vision Fund 2 …
Analysts yawn as Ford confirms itty bitty EcoSport will end sales in US in 2022
Goodbye, little EcoSport. The subcompact crossover SUV with a small but mighty following is a casualty of a decision to shut down Ford manufacturing operations in India, the company confirmed Thursday. The EcoSport will be built and exported to the U.S. through mid-2022. Meanwhile, Europe will continue to get its supply from a factory in Romania with no plans to stop,… Continue reading Analysts yawn as Ford confirms itty bitty EcoSport will end sales in US in 2022
Autos & Transportation · 10:02 PM UTCGM’s pickup money machine gets a technology tuneupGeneral Motors Co will give its best-selling Chevrolet Silverad…
DETROIT, Sept 9 (Reuters) – General Motors Co (GM.N) will give its best-selling Chevrolet Silverado large pickup truck models a makeover next spring to fix competitive shortcomings that have left Chevy in third place in one of the most lucrative vehicle market segments in the world. Catching up with rival trucks from Stellantis NV (STLA.MI)… Continue reading Autos & Transportation · 10:02 PM UTCGM’s pickup money machine gets a technology tuneupGeneral Motors Co will give its best-selling Chevrolet Silverad…
@Renault: All-New Dacia Jogger: the 7-seater family car reinvented000297
Dacia underscores its C-segment ambition with a new family model accessible offering 5- and 7-seater versions. The Dacia Jogger stands as the fourth pillar of Dacia’s product strategy. Having released its small all-electric city car Spring, compact Sandero, and SUV Duster, Dacia is now revamping its family car into a new 7-seater model. A new… Continue reading @Renault: All-New Dacia Jogger: the 7-seater family car reinvented000297
@VW Group: Automobili Lamborghini and composite materials. More than 35 years of history told in 12 chapters003801
Sant’Agata Bolognese, 9 September 2021 – One strength of Automobili Lamborghini’s product design is the development and application of lightweight carbon fiber materials. Continuous research and an innovative approach have helped put Lamborghini at the forefront of this sector over more than 35 years. Here are 12 milestones in this extraordinary history: 1983: Lamborghini launches… Continue reading @VW Group: Automobili Lamborghini and composite materials. More than 35 years of history told in 12 chapters003801