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Auto parts seller LKQ cuts 2024 sales forecast as warm weather slows demand – ET Auto

Baua Electric

In the last few months, the Chicago, Illinois-based company has undertaken initiatives to improve profits amid inflated commodity costs and softening demand for specialty vehicles accessories, specifically for recreational vehicles. However, LKQ reaffirmed its 2024 adjusted earnings per share outlook of USD3.90 to USD4.20

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First project in European BATTERY 2030+ research initiative begins this month

Green Car Congress

The Battery 2030+ consortium has also received the support of a number of European and national organisations, including ALISTORE ERI, EERA, EIT InnoEnergy, EIT RawMaterials, EARPA, EUROBAT, EGVI, CLEPA, EUCAR, KLIB, RS2E, Swedish Electromobility Centre, PolStorEn, ENEA, CIC energigune, IMEC and Tyndall National Institute.

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2023 EV registrations in Europe surpass two million units, setting new record – Charged EVs

Baua Electric

However, market share also grew in emerging EV markets including Slovenia (which saw an increase from 5% in 2022 to 9% in 2023), Estonia (3.4% Another interesting tidbit: company purchases of EVs grew much faster than private purchases. The lack of interest from private buyers is a major hurdle for the industry to overcome.

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GE unveils LNG In A Box system

Green Car Congress

The world’s first commercial application of the LNG In A Box system will be for LNG fueling stations in Europe to be delivered by Luxembourg-based LNG firm Gasfin through its operating company AIR-LNG, GE announced at the 17 th International Conference & Exhibition on Liquefied Natural Gas (LNG-17) in Houston.

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Renault-Nissan Alliance and Daimler expand cooperation with new $1.4B plant in Mexico; next-gen compacts for Mercedes-Benz and Infiniti

Green Car Congress

Renault-Nissan CEO Carlos Ghosn and Daimler CEO Dieter Zetsche announced today that their companies have agreed to establish a 50:50 joint venture, the business entity that will oversee construction and operation of the new plant in Aguascalientes in north-central Mexico. The production of Mercedes-Benz brand vehicles will follow in 2018.

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Hydrogenics to supply 1MW electrolyzer to project converting CO2 to methanol; Power-to-Gas

Green Car Congress

Hydrogenics Corporation will supply a 1MW electrolyzer and provide engineering expertise to a consortium of companies working on the European project MefCO2 (methanol fuel from CO 2 ) in Germany. —Daryl Wilson, CEO of Hydrogenics. The project has a budget of €11 million (US$12.4

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Mercedes-Benz will be producing 8 all-electric EQ models in 2022

Green Car Congress

With the production launch of the electric compact SUV EQA at the Rastatt plant (Germany) and the current decision to locate EQB production in the Hungarian plant in Kecskemét, the company is taking further important steps toward making its product portfolio CO? kWh/100 km) in Novo Mesto, Slovenia. This is a joint venture of Mercedes?Benz

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