Valmet Automotive starts series production of the solar electric Lightyear 0

Valmet Automotive has today started the series production of the Lightyear 0, the first true solar electric vehicle, at the Uusikaupunki, Finland plant. The Start of Production event was honored by more than 100 invited guests, international media, and top management of both Lightyear and Valmet Automotive at the plant. Lightyear 0 is a vehicle… Continue reading Valmet Automotive starts series production of the solar electric Lightyear 0

Shares of Lordstown Motors rise as company begins electric truck deliveries

Lordstown Motors gave rides in prototypes of its upcoming electric Endurance pickup truck on June 21, 2021 as part of its “Lordstown Week” event. Michael Wayland / CNBC Electric truck startup Lordstown Motors said Tuesday it began shipping its pickup truck to customers after receiving final regulatory approval to sell the vehicle in the United… Continue reading Shares of Lordstown Motors rise as company begins electric truck deliveries

Magna to Take CES 2023 by Storm With Latest Tech for a Better World of Mobility

Magna to display future-ready solutions at CES 2023 Mobility tech company will flex the ‘Power of Magna’ across four areas of complete vehicle and systems expertise Interactive exhibit is located in the West Hall of the Las Vegas Convention Center, booth #4425 AURORA, Ontario, Nov. 29, 2022 (GLOBE NEWSWIRE) — Magna is gearing up among… Continue reading Magna to Take CES 2023 by Storm With Latest Tech for a Better World of Mobility

UPDATE 2-Volkswagen in talks with Foxconn over plant for Scout vehicles – Automobilwoche

(Adds Magna International declined to comment) BERLIN, Nov 29 (Reuters) – Volkswagen is in talks with Taiwan’s Foxconn about a partnership to build vehicles for the Scout brand, German autos publication Automobilwoche reported on Tuesday, citing Volkswagen company sources. Volkswagen said in May it planned to reintroduce the Scout off-road brand, creating a separate, independent… Continue reading UPDATE 2-Volkswagen in talks with Foxconn over plant for Scout vehicles – Automobilwoche

Volkswagen in talks with Foxconn over plant for Scout vehicles – Automobilwoche

BERLIN, Nov 29 (Reuters) – Volkswagen is in talks with Taiwan’s Foxconn about a partnership to build vehicles for the Scout brand, German autos publication Automobilwoche reported on Tuesday, citing Volkswagen company sources. Volkswagen said in May it planned to reintroduce the Scout off-road brand, creating a separate, independent company to build Scout trucks and… Continue reading Volkswagen in talks with Foxconn over plant for Scout vehicles – Automobilwoche

Magna to Take CES 2023 by Storm With Latest Tech for a Better World of Mobility

Magna International Inc. MAGNA TO TAKE CES 2023 BY STORM WITH LATEST TECH FOR A BETTER WORLD OF MOBILITY Magna’s booth at CES Magna to display future-ready solutions at CES 2023 Mobility tech company will flex the ‘Power of Magna’ across four areas of complete vehicle and systems expertise Interactive exhibit is located in the… Continue reading Magna to Take CES 2023 by Storm With Latest Tech for a Better World of Mobility

Gallery

BERLIN, Nov 29 (Reuters) – Volkswagen (VOWG_p.DE) is in talks with Taiwan’s Foxconn (2317.TW) about a partnership to build vehicles for the Scout brand, German autos publication Automobilwoche reported on Tuesday, citing Volkswagen company sources. Volkswagen said in May it planned to reintroduce the Scout off-road brand, creating a separate, independent company to build Scout… Continue reading Gallery

Magna to Take CES 2023 by Storm With Latest Tech for a Better World of Mobility

Magna to display future-ready solutions at CES 2023 Mobility tech company will flex the ‘Power of Magna’ across four areas of complete vehicle and systems expertise Interactive exhibit is located in the West Hall of the Las Vegas Convention Center, booth #4425 AURORA, Ontario, Nov. 29, 2022 (GLOBE NEWSWIRE) — Magna is gearing up among… Continue reading Magna to Take CES 2023 by Storm With Latest Tech for a Better World of Mobility

Is Magna International Inc. (TSE:MG) Trading At A 48% Discount?

Does the November share price for Magna International Inc. (TSE:MG) reflect what it’s really worth? Today, we will estimate the stock’s intrinsic value by taking the expected future cash flows and discounting them to their present value. Our analysis will employ the Discounted Cash Flow (DCF) model. Don’t get put off by the jargon, the… Continue reading Is Magna International Inc. (TSE:MG) Trading At A 48% Discount?

The Worldwide Automotive Sunroof Industry is Expected to Reach $13.6 Billion by 2030

DUBLIN, Nov. 25, 2022 /PRNewswire/ — The “Automotive Sunroof Market By Material Type, By Vehicle Type: Global Opportunity Analysis and Industry Forecast, 2020-2030” report has been added to  ResearchAndMarkets.com’s offering. According to this report the automotive sunroof market size was valued at $5.75 billion in 2020, and is estimated to reach $13.6 Billion by 2030,… Continue reading The Worldwide Automotive Sunroof Industry is Expected to Reach $13.6 Billion by 2030