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Geely and Renault Group to create global powertrain company for advanced hybrid and efficient ICE powertrains

Green Car Congress

Geely Holding Group, Geely Automobile Holdings Limited (collectively “Geely”) and Renault Group have signed a non-binding framework agreement to create a new global leader to develop, manufacture and supply best-in-class hybrid powertrains and highly efficient ICE powertrains. —Luca de Meo, CEO Renault Group.

Global 186
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Could SMIC become a global player in semiconductor industry

Baua Electric

Semiconductor Manufacturing International Corporation (SMIC) has been making significant strides in the semiconductor industry and has aspirations to become a global player. However, the landscape of the semiconductor industry is complex and competitive, with several established players dominating the market.

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Tesla repeats with four titles in S&P Global Mobility Loyalty Awards

Teslarati

Tesla repeated with four titles in the S&P Global Mobility’s Loyalty Awards for 2023, grabbing the same first-place trophies that it did for 2022. S&P Global Mobility tracks consumer buying activity from January to December to determine market trends and see how the industry is doing overall. for several years.

Global 127
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India set to become global semiconductor manufacturing destination: Industry – ET Auto

Baua Electric

The Union Cabinet’s nod to three upcoming semiconductor manufacturing units is a step towards self-sufficiency and makes the country’s dream of becoming a global chip making destination achievable, according to industry players. By 2027 we will have the FAB and OSAT units producing.

India 52
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Rivian R1EVS to join fleets in the mining industry

Teslarati

Rivian’s R1 vehicles will join fleets in the mining industry. Rivian recently entered an exclusive global partnership with MEVCO (Mining Electric Vehicle Company), which provides sustainable and efficient electric vehicles (EVs) in the mining industry.

Fleet 115
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Panasonic seeks to expand business in the auto industry 

Teslarati

Panasonic seeks to expand its business in the automotive industry, starting with building relationships at CES 2024. The Japanese company’s automotive department—Panasonic Automotive Systems—aims to expand past battery cells for electric vehicles. It plans to delve into products that could prove lucrative.

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Breaking: Electric motorcycle company CAKE quietly files for bankruptcy

Baua Electric

There has been no announcement from the company itself, which as recently as last week was still making press announcements including about further European expansions. The majority of the company is owned by just a few key individuals and funds: AMF, Swedish pension company: 11.3%. But it’s not all bad news.