Nissan Qasqai ePower 90° anniversario

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90° anniversario 

 
 

Thursday 22 February 2024

China, Li Auto CEO urges Beijing to support mergers between struggling EV manufacturers

 Li Xiang, founder and CEO of Li Auto, called on the Chinese government to support mergers and acquisitions among struggling electric vehicle manufacturers, warning that failed companies could cause significant social losses. According to Xiang, China should establish a consolidation mechanism for the auto industry: "In the future, many new brands will encounter operational and financial problems due to competition. If the social loss caused by mergers and acquisitions is 10, the social loss from bankruptcies is 100," Xiang wrote on the Chinese social platform Weibo. Li cited the example ...

Thursday 22 February 2024

Cornelia, Mercedes: charging anxiety main obstacle to EV adoption in US

Charging anxiety continues to be a major obstacle to electric vehicle adoption in the United States, and the CEO of the Mercedes-Benz High-Power Charging North America joint venture-a partnership between the German luxury automaker and renewable energy company MN8 Energy-is on a mission to alleviate some of those concerns. "About 50 percent of potential EV buyers are not buying for fear of not being able to charge. That's what we're trying to solve," CEO Andrew Cornelia told reporters at a panel discussion in Washinghton, where he went was ...

Thursday 22 February 2024

Edag-Bosch partnership for complete vehicle engineering

Edag Engineering and Bosch Engineering have signed a memorandum of understanding regarding collaboration on complete vehicle engineering projects. With this agreement, the companies declared their intention to jointly offer their expertise to the market in order to integrate their respective areas of specialization in the best possible way. This means that customers will receive from a single supplier a complete and integrated set of vehicle engineering services tailored to their needs, without having to worry about coordinating individual engineering areas. The two companies' expertise covers the full spectrum of design ...

Thursday 22 February 2024

Eighteen events across Italy for the 4th edition of ASI Circuito Tricolore

There are 18 events that make up the calendar of ASI Circuito Tricolore 2024, an initiative promoted by the Automotoclub Storico Italiano under the patronage of the Ministry of Infrastructure and Transport that aims to promote the territory and a strong tourist connotation also linked to the presence of participants from abroad. Compared to previous editions, this year new events are proposed for cars such as the return of the Bari Grand Prix, which has a biennial cadence due to organizational complexity, the Coppa Toscana on the roads of the ...

Thursday 22 February 2024

EU, Von der Leyen: on the ban on ICEs review in 2026

At the press conference organized for her candidacy for the presidency of the European Commission for the EPP, current chair Ursula von der Leyen returned to talk about the ban on the sale of new cars with endothermic engines in 2035. "Regarding car emission standards the state of the art is that we have a law that by 2035 we have to have zero emissions, and at the proposal of the Commission there is a special role for e-fuels. It's very important that in 2026 we have a review ...

Thursday 22 February 2024

Ford avoids UAW strike with interim local contract for Kentucky truck plant

Ford Motor and the UAW workers union reached a tentative agreement yesterday on a local labor contract at the truck plant in Kentucky, averting a potential strike at the American automaker's most profitable facility. Todd Dunn, president of UAW Local 862, confirmed the tentative agreement, adding that the ratification vote is tentatively scheduled for next week, from Wednesday, February 28th to Friday, March 1st. "We are pleased to have reached tentative agreement on a new labor agreement with UAW Local 862 covering the Kentucky Truck plant and 8,700 ...

Thursday 22 February 2024

Free Cash Flow up 39.2% at 11.3 billion euros for Mercedes-Benz in 2023

Mercedes-Benz Group ended 2023 with solid financial results. An even stronger focus on cars and vans combined with careful cost discipline resulted in revenues of 153.2 billion euros (+2.1% vs. 2022) and EBIT of 19.7 billion (-3.9%). Last year Mercedes-Benz Cars achieved an adjusted return on sales (RoS) of 12.6 percent (14.6 percent), Mercedes-Benz Vans an adjusted RoS of 15.1 percent, and Mercedes-Benz Mobility an adjusted return on equity (RoE) of 12.3 percent, in a challenging environment characterized by supply chain constraints ...

Thursday 22 February 2024

GM will resume production of BrightDrop EV vans in Canada on April 1st

General Motors will resume production of BrightDrop vans at its CAMI assembly plant in Ingersoll, Ontario, in April after a production hiatus that left much of the workforce on "hiatus" for nearly six months. Operations at the plant are expected to resume with a single shift on April 1st, while battery module production at a newly expanded section of the site will begin the week of March 25th, the Unifor union explained to its members. GM confirmed that BrightDrop production will resume supported by the new battery module line. The ...

Thursday 22 February 2024

Incentives to local manufacturers in Korea to curb Chinese EVs?

 Fears of Chinese encroachment with electric cars are also beginning to take hold in South Korea, where the government is considering a plan to incentivize local manufacturers at the expense of cars with Chinese batteries. The South Korean government is adopting a new policy aimed at supporting electric cars in response to the recent price reduction of models such as Tesla's Model Y and BYD's cars, which use low-cost LFP (Lithium-Iron-Phosphate) batteries. The goal is to make the electric car market fairer by ensuring that local manufacturers can ...

Thursday 22 February 2024

Mercedes-Benz decides on contract extensions for Renata Jungo Brüngger and Britta Seeger

At yesterday's meeting, the Supervisory Board of Mercedes-Benz Group renewed the contracts of Renata Jungo Brüngger as a board member with responsibility for integrity, governance and sustainability and Britta Seeger as a board member with responsibility for marketing and sales of Mercedes-Benz Cars. Both contracts would expire at the end of 2024. Following the guidelines, Jungo Brüngger's contract has now been extended until December 31st, 2025, and Britta Seeger's until December 31st, 2029.