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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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Valeo receives the Frost & Sullivan 2024 Global Company of the Year Award | Autocar Professional

Baua Electric

Valeo has been awarded the 2024 Global Company of the Year Award for Software Defined Vehicle activities by Frost and Sullivan. Each year, Frost & Sullivan presents a Company of the Year Award to the organisation that demonstrates excellence in terms of growth strategy and implementation in its field.

Global 40
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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 131
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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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Lucid lines up automotive vet for Global Communications role

Teslarati

Lucid has snagged a long-time veteran of the automotive sector to fill its Global Communications role, as it hired Nick Twork earlier this week. Twork will be responsible for Lucid’s Global Comms teams, including worldwide product, corporate, financial, and internal communications, as well as media relations and social media.

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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 106