BEV

Lotus Technology Reports Unaudited Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
月曜日, 4月 8, 2024

In its first year of BEV delivery, the Company achieved a revenue of $679 million and a gross profit margin of 15% in 2023.

Key Points: 
  • In its first year of BEV delivery, the Company achieved a revenue of $679 million and a gross profit margin of 15% in 2023.
  • Revenue in the fourth quarter of 2023 was $361 million, representing a 92% quarter-on-quarter increase.
  • The Company delivered 6,970 vehicles in 2023, an annual record in the 76-year history of the Lotus brand, with BEV models representing 63% of total deliveries.
  • Vehicle deliveries in the fourth quarter of 2023 increased nearly 110% quarter-over-quarter to 3,749.

Stellantis 2023 Corporate Social Responsibility Report Outlines Strong Results Against Ambitious Dare Forward 2030 Targets

Retrieved on: 
金曜日, 4月 5, 2024

The massive use of decarbonized electricity in the Company’s processes with a 100% target by 2030.

Key Points: 
  • The massive use of decarbonized electricity in the Company’s processes with a 100% target by 2030.
  • In 2023, it reached 58%, contributing to a 20% reduction in absolute tCO2 of the industrial carbon footprint (scope 1 and 2) vs. 2021.
  • Strong monitoring and execution of Stellantis Responsible Purchasing Guidelines: 3,461 supplier groups assessed by EcoVadis, corresponding to more than 89% of the annual purchased value.
  • Results show Stellantis suppliers are performing better on CSR criteria than the EcoVadis benchmark.

SANY Group and Ambarella Announce Strategic Cooperation to Accelerate Implementation of CV3-AD Domain Controller-Based Intelligent Driving Systems

Retrieved on: 
水曜日, 4月 3, 2024

During last week’s meeting to finalize this collaboration, Xiang Wenbo, rotating chairman of SANY Group, and chairman of SANY Heavy Industry, extended a warm welcome to the arrival of Fermi Wang, president and CEO of Ambarella.

Key Points: 
  • During last week’s meeting to finalize this collaboration, Xiang Wenbo, rotating chairman of SANY Group, and chairman of SANY Heavy Industry, extended a warm welcome to the arrival of Fermi Wang, president and CEO of Ambarella.
  • Xiang Wenbo, Rotating Chairman of SANY Group, and Chairman of SANY Heavy Industry
    Wang expressed that Ambarella’s strategic development direction aligns closely with that of SANY Group, particularly in terms of digitalization and decarbonization.
  • With a rich and comprehensive SoC product portfolio, Ambarella has demonstrated its capability across various fields of automotive intelligent driving.
  • This strategic cooperation also aims to address the labor shortages in engineering operations and lead the new trend of unmanned machine operations.

Li Auto Inc. Updates First Quarter Delivery Outlook

Retrieved on: 
木曜日, 3月 21, 2024

BEIJING, China, March 21, 2024 (GLOBE NEWSWIRE) -- Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China’s new energy vehicle market, today provided an updated delivery outlook for the first quarter of 2024.

Key Points: 
  • BEIJING, China, March 21, 2024 (GLOBE NEWSWIRE) -- Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China’s new energy vehicle market, today provided an updated delivery outlook for the first quarter of 2024.
  • Due to lower-than-expected order intake, the Company now expects its vehicle deliveries for the first quarter of 2024 to be between 76,000 and 78,000 vehicles, revised from the previous vehicle delivery outlook of between 100,000 and 103,000 vehicles.
  • Similar to Li ONE and our EREV technologies, Li MEGA and our BEV technologies will also need to undergo this 0-to-1 validation process.
  • We will lower our delivery expectations and restore sustainable growth by refocusing on enhancing user value instead of competition, while maintaining operating efficiency,” commented Xiang Li, chairman and chief executive officer of Li Auto.

Stellantis and California Partner to Drive Carbon Emissions Reduction Efforts

Retrieved on: 
火曜日, 3月 19, 2024

As part of the agreement with CARB, Stellantis pledged to expand its ongoing commitment to strengthen its electrification offensive through educational efforts for U.S. consumers and dealers on the benefits of electric vehicles (EV).

Key Points: 
  • As part of the agreement with CARB, Stellantis pledged to expand its ongoing commitment to strengthen its electrification offensive through educational efforts for U.S. consumers and dealers on the benefits of electric vehicles (EV).
  • This includes collaborating with Veloz, the leader in promoting EV awareness efforts, providing discounted EVs to organizations in disadvantaged communities, and building upon ongoing efforts and contributing an additional $10 million for the installation of public EV chargers.
  • “Together, we have found a win-win solution that is good for the customer and good for the planet,” said Stellantis CEO Carlos Tavares.
  • Stellantis is on track to become a carbon net zero corporation by 2038, all scopes included, with single-digit percentage compensation of remaining emissions.

Lithium Royalty Corp. Reports Q4 2023 Results

Retrieved on: 
水曜日, 3月 27, 2024

Atlas Lithium Das Neves Royalty: In December 2023, Atlas Lithium announced that it was fully funded to develop Phase 1 of its Das Neves project, which Atlas is targeting to produce 150,000 tpa of spodumene concentrate.

Key Points: 
  • Atlas Lithium Das Neves Royalty: In December 2023, Atlas Lithium announced that it was fully funded to develop Phase 1 of its Das Neves project, which Atlas is targeting to produce 150,000 tpa of spodumene concentrate.
  • Atlas Lithium has secured $50 million in funding through partnerships with lithium converters Chengxin Lithium and Sichuan Yahua.
  • LRC estimates that the global lithium market grew by approximately 28% in 2023, with the lithium market approaching almost 1Mt of lithium carbonate equivalent (LCE).
  • SMM reports that spodumene concentrate prices in 2023 averaged $3,610/tonne CIF (Cost, Insurance, and Freight) China, with lithium carbonate prices during 2023 averaging approximately $36,000/tonne.

Oshkosh Corporation Named to Fast Company’s 2024 World’s Most Innovative Companies List

Retrieved on: 
火曜日, 3月 26, 2024

Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment, announced today it has been named to Fast Company’s list of the World’s Most Innovative Companies of 2024 .

Key Points: 
  • Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment, announced today it has been named to Fast Company’s list of the World’s Most Innovative Companies of 2024 .
  • View the full release here: https://www.businesswire.com/news/home/20240326954988/en/
    Oshkosh Corporation announced today it has been named to Fast Company’s list of the World’s Most Innovative Companies of 2024.
  • Fast Company recognized Oshkosh Corporation’s electrification efforts.
  • “Our list of the Most Innovative Companies is both a comprehensive look at the innovation economy and a snapshot of the business trends that defined the year,” said Fast Company editor-in-chief Brendan Vaughan.

United States Electric Vehicles Market Analysis, Size, and Forecast 2024-2030: Industry Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis - ResearchAndMarkets.com

Retrieved on: 
月曜日, 3月 25, 2024

The "United States Electric Vehicles Market, Size, Forecast 2024-2030, Industry Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "United States Electric Vehicles Market, Size, Forecast 2024-2030, Industry Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis" report has been added to ResearchAndMarkets.com's offering.
  • The popularity of electric vehicles (E.V.s) is rising due to environmental awareness, government incentives, and improved battery technology.
  • The recognition of electrical vehicles (E.V.s) in the U.S. is surging because of heightened environmental attention and authorities' initiatives promoting sustainable transportation.
  • E.V.

EV Battery Pack Cooling System Markets, 2023-2024 and 2033: Opportunities in Development of Effective Cooling Systems and Emerging Alternate Cooling Technology - ResearchAndMarkets.com

Retrieved on: 
火曜日, 3月 19, 2024

The EV battery pack cooling system market thrives due to rising electric vehicle demand, driving innovations in liquid cooling, adaptive controls, fast-charging tech, and eco-friendly solutions.

Key Points: 
  • The EV battery pack cooling system market thrives due to rising electric vehicle demand, driving innovations in liquid cooling, adaptive controls, fast-charging tech, and eco-friendly solutions.
  • The EV battery pack cooling system is a critical component ensuring optimal performance, safety, and longevity of electric vehicle batteries.
  • The EV battery pack cooling system market's industrial impact extends across automotive manufacturing, technology development, and sustainable mobility.
  • Battery electric vehicle (BEV) is expected to continue dominating the EV battery pack cooling system market.

Plus Advances the Development of Next-Generation Vision Models, Built on NVIDIA DRIVE, for AI Processing in its Self-Driving Software

Retrieved on: 
月曜日, 3月 18, 2024

Plus, a global provider of autonomous driving software solutions, is collaborating with NVIDIA on the advanced development of its AI-driven vision models.

Key Points: 
  • Plus, a global provider of autonomous driving software solutions, is collaborating with NVIDIA on the advanced development of its AI-driven vision models.
  • Plus’s state-of-the-art vision models, will run on the NVIDIA DRIVE Thor™ by automotive-grade and safety-compliant compute platform for future generations of Plus’s Level 4 solution, SuperDrive™.
  • This immense computing power will be used to help the Plus autonomous driving system understand the world around the vehicle and make safe driving decisions.
  • “Plus’s SuperDrive platform, powered by NVIDIA DRIVE Thor, will seamlessly manage the extensive onboard perception tasks essential for safe, robust self-driving trucks.”