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Friday 24 March 2023

65% of Italians are willing to buy environmentally friendly cars

Italians are willing to invest in a greener vehicle, but with a higher cost to contribute to environmental sustainability, especially younger people. According to the survey conducted by the Piepoli Institute for the Union for the Defense of Consumers (Udicon), 65 percent of respondents would be willing to purchase a low-emission vehicle. This percentage grows (73 percent) when considering the 18-34 age group, compared with 68 percent between the ages of 35-54 and 57 percent from 55 and up. When thinking about sustainable mobility, Italians pay more attention to the ...

Friday 24 March 2023

ACR, the Hyundai robot for automatic EV charging

Hyundai Motor Group has developed a new automatic charging robot (ACR) for electric vehicles that can connect the charger cable to the car's charging socket and remove it once the charging process is complete. Once the vehicle is stationary, the ACR communicates with the car to open the charging door, calculating the exact location and angle through a camera mounted inside. In order for a robot to securely attach the cable to the charging door, software technology that can simultaneously calculate multiple variables is required. To this end, the ...

Friday 24 March 2023

Autolink's stock exchange index up 0.7 percent

Turnaround for the Autolink index, which analyzes the stock market performance of major automakers. In fact, in the period March 15th-23rd, the panel closed at +0.7%. Thus it still remains positive since the beginning of the year, currently at +10.4%. In the period under review negative closing only for Faw, VW, Porsche, Ford, GM, Toyota, Suzuki, Kia and Polestar (with the worst result, -13.3%). Stellantis gained 0.5 percent, Ferrari gained 2.9 percent. Thanks to the mostly favorable results since the beginning of the year, most ...

Friday 24 March 2023

China Evergrande NEV could soon close down

China Evergrande New Energy Vehicle Group has warned that it may have to stop producing electric vehicles if it cannot get new financing. The company, which has so far delivered only 900 units of its flagship model whose launch has been repeatedly delayed, said it is trying to cut costs by further cutting staff and improving management efficiency. However, "faced with the inability to obtain additional liquidity, the Group is in danger of halting production," it wrote in a statement released to the Hong Kong Stock Exchange. While Evergrande had ...

Friday 24 March 2023

Cruise plans to test self-driving cars throughout California

Cruise has applied to test its driverless vehicles throughout the state of California. General Motors' self-driving division is currently operating its robotaxis in three U.S. cities-Phoenix in Arizona, Austin in Texas, and San Francisco, where it was the first company to receive permission to charge for fully driverless rides in June last year. Here it has gradually ramped up its operations to cover a wider area of the city with more hours of service and is now looking at further expansion into the Golden State USA. "While this operation ...

Friday 24 March 2023

Esports: in 2023 Ferrari deploys 9 new sim drivers

A season of renewal opens for the Scuderia Ferrari Esports Team with nine all-new drivers (set to increase), dedicated sim drivers for the main platforms and a different overall approach to team management. It is on these three pillars that the team intends to base its strategy to turn around the fortunes of the Maranello-based team, which in recent years has collected results that did not live up to expectations - only one title in the last three seasons - and now has the means and people to aim high. The official ...

Friday 24 March 2023

Euro weaker only than Pound, Franc, Krona, Won and Peso

In the traditional weekly comparison between the euro and major international currencies, the single European currency closed higher against almost all currencies during March 17th-23rd. With the only exceptions being the British Pound, Swiss Franc, Swedish Krona, Korean Won and Mexican Peso. Particularly mixed trade during the period between the European currency and many of the other international currencies.

Friday 24 March 2023

Ford expects losses of 3 billion dollars in 2023 for BEV segment

Ford Motor expects its electric vehicle operations to incur losses of 3 billion dollars this year, although it expects profits to increase from its internal combustion and commercial vehicle operations. For the first time, Ford has publicly broken down the results of its three operating divisions, created as part of a major corporate reorganization in 2022, changing the method of financial reporting. Yesterday the U.S. automaker announced its forecast for its Model e unit's losses, which will increase by nearly 50 percent in 2023 from last year's ...

Friday 24 March 2023

Ford may use Capri name for its second MEB-based EV SUV

Ford could bring back the Capri name for its second electric SUV built on Volkswagen's MEB platform. According to an early report in The Sun, after the unveiling of the new Explorer it seems to have emerged that the car's twin-which is expected to be revealed early next year-would be destined to take the name of the two-door sports coupe Ford sold in large numbers throughout Europe from 1968 to 1986. That of using names from the past or more current models for new electric versions is an ...

Friday 24 March 2023

Free2move eSolutions for electrification of European Maserati dealers

Free2move eSolutions has been chosen by Maserati as its European dealer electrification partner. In order to offer the possibility of charging cars directly at the dealerships, some 360 devices will be installed in the coming months, distributed in 170 identified locations throughout Europe. Free2move eSolutions will provide Maserati with the eProWallbox, the charging device that offers high flexibility in terms of functionality and efficiency. With modular power ranging from 7.4 to 22 kW, the device adapts to the needs of different types of users and is ideal in home ...