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Daimler AG Board approves Project Future corporate restructure; goes to shareholders in 2019

Green Car Congress

The new structure comprises three legally independent entities—Mercedes-Benz AG, Daimler Truck AG and Daimler Mobility AG—under the umbrella of Daimler AG. Already legally independent, Daimler Financial Services AG will be called Daimler Mobility AG in the future.

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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

Green Car Congress

During 2014, the global plug-in electric vehicle (PEV) industry is poised to grow by 86% and will surpass more than 346,000 new vehicles sold, according to a new white paper—“ Electric Vehicles: 10 Predictions for 2014 ”—published by Navigant Research. More than 2.2 More than 1.9

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Alcoa splitting into two companies; expecting 2.4x increase in automotive revenues to $1.8B in 2018

Green Car Congress

The globally competitive Upstream Company will comprise five business units that today make up Global Primary Products: Bauxite, Alumina, Aluminum, Casting and Energy. The Value-Add Company will include Global Rolled Products, Engineered Products and Solutions, and Transportation and Construction Solutions. billion, with $2.8

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Delphi to spin off powertrain segment as new independent company

Green Car Congress

Delphi Automotive PLC intends to execute a tax-free spin-off of its Powertrain Systems segment into a new, independent publicly traded company (“Powertrain”). We have the advanced technologies, engineering capabilities, and cost structure to be a global leader in the rapidly evolving mobility sector. billion in 2016.

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Top Factors Affecting EV Adoption

EV Connect

Global EV sales barely nudged 2 million units in 2020 , but could top 73 million by 2040. To reach that demographic, EV manufacturers have to show that electric vehicles are a better alternative in terms of cost and performance. Cost (and Cost Comparison) A recent study showed 67% of would-be purchasers claim cost is a primary concern.

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ELECTRIC VEHICLE RULES IN INDIA: Everything That You Must Know

Get Electric Vehicle

With the increasing global concern over climate change and the need to transition towards cleaner and more sustainable modes of transportation, countries around the world have been formulating regulations to encourage the adoption of electric vehicles (EVs). Another objective of the rules is to accelerate the adoption of electric vehicles.

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Major power and gas company E.ON splitting in two; focusing on renewables, spinning off conventional power generation

Green Car Congress

The existing conventional generation, global energy trading, and exploration and production businesses will be combined in a new, independent company (“New Company”), a majority of which will be spun off to E.ON has systematically optimized its generation fleet and production costs, laying the foundation for sustainable profitability.

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