Tag: ElectricVehicles
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MAZDA | “MAZDA MX-30 Rotary-EV” and “e-SKYACTIV R-EV” win “2024–2025 Japan Automotive Hall of Fame Car Technology of the Year”
Mazda’s “MAZDA MX-30 Rotary-EV” and “e-SKYACTIV R-EV” were awarded the “2024–2025 Japan Automotive Hall of Fame Car Technology of the Year.” This innovative EV features a rotary engine used as a generator, allowing for 107 km of EV-only range and extended driving through hybrid generation. The achievement highlights Mazda’s hybrid system, compact electric drive, and…
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Audi | Audi Group: Challenging Market Environment Shapes Financial Performance in the First Nine Months
Audi Group achieved revenue of €46.3 billion, operating profit of €2.1 billion, and net cash flow of €3.8 billion from January to September 2024. Due to competitive pressures and macroeconomic conditions, results fell compared to the same period last year. Audi focuses on efficiency improvements and model launches to strengthen competitiveness, with varied performance across…
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Mercedes-Benz | Mercedes-Benz Vans at Rolling Pin Convention 2024: Nine Courses for Fine Dining
Mercedes-Benz Vans showcased industry-tailored Vito and Sprinter models equipped with refrigerated solutions at the Rolling Pin Convention 2024 in Düsseldorf. These vehicles maintained food freshness for premium dining and were used on-site for cooling and delivering drinks and food. The all-electric EQV and the V-Class Marco Polo, equipped for gourmet camping, were also featured. Source:…
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Toyota | Suzuki and Toyota Deepen Collaboration in Electric Vehicles
Suzuki and Toyota have agreed to supply Toyota with a battery EV SUV developed by Suzuki through OEM. Production will begin in India in spring 2025, and the model will be sold globally. This marks the first BEV OEM collaboration between the two, who have been partners since 2016. The new model, designed exclusively as…
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FAW | Promoting Independent Innovation, Accelerating Intelligent and Electric Transformation, and Strengthening the National Brand
FAW promotes industry transformation through intelligent and electric technologies, strengthening core technological research. By Q3 this year, FAW sold over 2.25 million vehicles, with more than 600,000 from its own brands, marking a 16.5% year-on-year increase. The company accelerates independent technological development and builds a reliable industrial chain, contributing to the development of China’s automotive…
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AVATR | China’s “Intelligent” Manufacturing Supports New Forces in Chin
AVATR utilizes intelligent manufacturing technologies in China to support emerging forces. Through innovative and efficient production processes, AVATR’s electric vehicles are gaining competitive advantages. This initiative promotes the growth of the new automotive industry in the Chinese market, contributing to a sustainable future. Source: Here
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General Motors | Rugged but brainy: 5 technologies that drive the GMC HUMMER EV
The GMC HUMMER EV stands out in the shift toward electrification with its all-electric powertrain and cutting-edge technologies. The five key technologies include “Extract Mode” for raising vehicle height, “UltraVision” for 360-degree views, an Off-Road app for detailed performance data, “Watts to Freedom” for maximizing acceleration, and the 4-Wheel Steer system with “CrabWalk” for enhanced…
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General Motors | GM’s Toledo Propulsion Systems Celebrates the Past and Future of the Automobile at Oscar Bunch Park
GM’s Toledo Propulsion Systems showcased classic cars and new electric vehicles at Oscar Bunch Park in Ohio, announcing $100,000 in community impact grants as part of its commitment to the local community. Source: Here
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GM | Q3 2024 Letter to Shareholders
GM highlighted its Spring Hill, Tenn. plant, where both ICE and EV Cadillacs are produced, as well as its battery expertise and production scale. GM expects its 2025 EBIT to be similar to its 2024 results, driven by EV sales growth, cost management, and profitable redesigned SUVs. The company is on track to meet its…
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GM | Releases Q3 2024 Results and Updates Full-Year Guidance
General Motors announced that its Q3 2024 revenue reached $48.76 billion, with a net income of $3.1 billion and an adjusted EBIT of $4.115 billion. The company updated its full-year 2024 guidance, raising its net income expectations to $10.4-$11.1 billion and adjusted EBIT to $14.0-$15.0 billion. Additionally, GM’s EV sales reached approximately 32,000 units, expanding…