Porsche

EQS-News: Sajjad Khan appointed as Executive Board Member for Car-IT at Porsche

Retrieved on: 
Tuesday, November 7, 2023

Sajjad Khan is joining the Executive Board team of Porsche AG with immediate effect.

Key Points: 
  • Sajjad Khan is joining the Executive Board team of Porsche AG with immediate effect.
  • Sajjad Khan worked at Mercedes-Benz until August 2021 – most recently as Chief Technology Officer and member of the board of the Mercedes-Benz Cars division.
  • He is the eighth member of the Executive Board of Porsche AG and will also lead Porsche’s R&D satellite in China in future.
  • He is also Chairman of the shareholder committee of Porsche Digital and a member of the shareholder committee of Porsche Engineering.

Electrify Expo Industry Day Austin to Host Powerful Players in Electrification for Product Reveals, Press Conferences and Demo Rides

Retrieved on: 
Monday, November 6, 2023

Industry Day, presented by Keysight, will host the EV industry’s most powerful players driving the transition towards the adoption of electrification including Ford, VinFast, Yokohama, NIU, KTM, Chargeway and more.

Key Points: 
  • Industry Day, presented by Keysight, will host the EV industry’s most powerful players driving the transition towards the adoption of electrification including Ford, VinFast, Yokohama, NIU, KTM, Chargeway and more.
  • The event will host compelling fireside chats, press conferences, press conferences and product launches, making this a must-attend event for journalists, analysts and industry leaders in the EV community.
  • Electrify Expo and Industry Day Austin features a lineup of nearly 100 micromobility and e-bike titans.
  • The full line-up of speakers and schedule, along with tickets for Electrify Expo Industry Day in Austin can be found at https://www.electrifyexpo.com/industry-day .

Electrify Expo Takes Over Famed F1 Track at Circuit of the Americas for a Weekend Full of Electric Fun Including Tesla, BMW, Ford and 100+ Leading Electric Brands

Retrieved on: 
Wednesday, November 1, 2023

Attendees will ride, drive and demo the world's leading electric cars and trucks alongside electric motorcycles, e-bikes, e-scooters, e-skateboards and more.

Key Points: 
  • Attendees will ride, drive and demo the world's leading electric cars and trucks alongside electric motorcycles, e-bikes, e-scooters, e-skateboards and more.
  • According to Axios , electric vehicles accounted for 9.3% of monthly new vehicle registrations in the Austin area in January 2023 - up 7% from the previous year.
  • The weekend will feature entertainment, including all types of thrilling demo courses, huge kids zones, music, displays and food.
  • Volkswagen makes its Electrify Expo return with the highly-anticipated ID.Buzz and ID.4 along with other automakers like BMW, Polestar, Porsche and many more.

Majority of Dealers Optimistic About Valuations and Profits in 2024

Retrieved on: 
Monday, November 6, 2023

That being said, nearly half (47%) of dealers surveyed are looking to acquire one or more dealerships, leveraging their significant capital accounts resulting from more than three years of record profits.

Key Points: 
  • That being said, nearly half (47%) of dealers surveyed are looking to acquire one or more dealerships, leveraging their significant capital accounts resulting from more than three years of record profits.
  • Kerrigan Advisors estimates the industry has amassed over $200 billion in pre-tax profits since 2020.
  • “The majority of dealers remain bullish on the industry, with 62% or more expecting earnings and valuations to remain at or near peak levels.
  • Dealers were most bullish about Kia, with 44% expecting its valuations to increase, more than double the industry average.

Keepit at Gartner IT Symposium/Xpo™ 2023 in Barcelona: How to bolster cyber resilience and ignore ransomers

Retrieved on: 
Thursday, November 2, 2023

Key takeaways from the session will include:

Key Points: 
  • Key takeaways from the session will include:
    Porsche Informatik’s blueprint for overcoming cyber challenges.
  • The Gartner IT Symposium/Xpo™ 2023 will be held at the International Barcelona Convention Center.
  • Keepit will be exhibiting for the duration of the conference at booth 645.
  • To arrange a product demonstration or meeting with a member of the Keepit team at the conference, book a meeting here .

Global Light Vehicle Production Market Accelerates at 10.20% CAGR in 2023, Driven by Rising Demand for SUVs and Technological Advancements - ResearchAndMarkets.com

Retrieved on: 
Wednesday, November 1, 2023

Additionally, the global premium vehicle production market is projected to reach 11.31 million units in 2023, experiencing a CAGR of 8.28% during the same period.

Key Points: 
  • Additionally, the global premium vehicle production market is projected to reach 11.31 million units in 2023, experiencing a CAGR of 8.28% during the same period.
  • The global premium vehicle market has seen substantial growth recently, driven by customer preferences shifting from sedans to SUVs and rising disposable incomes.
  • By Vehicle Type: The global light vehicle production market is segmented into two categories: passenger cars and light commercial vehicles.
  • Rising Demand for SUVs: The global demand for SUVs is on the rise, driving the growth of the light vehicle market.

Porsche plans to use CO2-reduced steel from H2 Green Steel in sports cars from 2026

Retrieved on: 
Tuesday, October 31, 2023

STOCKHOLM, Oct. 31, 2023 /PRNewswire/ -- Porsche AG and the Swedish industrial start-up H2 Green Steel have signed an agreement for the supply of CO2-reduced steel.

Key Points: 
  • STOCKHOLM, Oct. 31, 2023 /PRNewswire/ -- Porsche AG and the Swedish industrial start-up H2 Green Steel have signed an agreement for the supply of CO2-reduced steel.
  • H2 Green Steel plans to produce steel using renewable electricity in Boden, Sweden, starting end of 2025.
  • From 2026, Porsche and various direct Porsche suppliers of production material are to be supplied with near zero-emission steel from the company.
  • According to H2 Green Steel, this results in up to 95 percent lower CO₂ emissions than conventional steel production with coking coal.

Porsche plans to use CO2-reduced steel from H2 Green Steel in sports cars from 2026

Retrieved on: 
Tuesday, October 31, 2023

STOCKHOLM, Oct. 31, 2023 /PRNewswire/ -- Porsche AG and the Swedish industrial start-up H2 Green Steel have signed an agreement for the supply of CO2-reduced steel.

Key Points: 
  • STOCKHOLM, Oct. 31, 2023 /PRNewswire/ -- Porsche AG and the Swedish industrial start-up H2 Green Steel have signed an agreement for the supply of CO2-reduced steel.
  • H2 Green Steel plans to produce steel using renewable electricity in Boden, Sweden, starting end of 2025.
  • From 2026, Porsche and various direct Porsche suppliers of production material are to be supplied with near zero-emission steel from the company.
  • According to H2 Green Steel, this results in up to 95 percent lower CO₂ emissions than conventional steel production with coking coal.

Automotive Wiring Harness Market worth $59.5 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, October 30, 2023

The metallic segment holds the largest share of the automotive wiring harness market.

Key Points: 
  • The metallic segment holds the largest share of the automotive wiring harness market.
  • Hence, metallic wiring harnesses are extensively used in various critical automotive applications, including powertrain, chassis, body and lighting, safety systems, transmission, and interior wiring.
  • Also, using aluminium in automotive wiring harnesses with gold plating helps enhance data transmission and reduce weight and costs.
  • In Europe, the accelerated shift toward electric vehicles, backed by government targets for widespread electrification by 2030, is transforming the automotive wiring harness market.

Automotive Wiring Harness Market worth $59.5 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, October 30, 2023

The metallic segment holds the largest share of the automotive wiring harness market.

Key Points: 
  • The metallic segment holds the largest share of the automotive wiring harness market.
  • Hence, metallic wiring harnesses are extensively used in various critical automotive applications, including powertrain, chassis, body and lighting, safety systems, transmission, and interior wiring.
  • Also, using aluminium in automotive wiring harnesses with gold plating helps enhance data transmission and reduce weight and costs.
  • In Europe, the accelerated shift toward electric vehicles, backed by government targets for widespread electrification by 2030, is transforming the automotive wiring harness market.