Mercedes-Benz Group AG
How the job of Amazon delivery has changed with Rivian’s electric vans and routing software
For the 275,000 Amazon drivers dropping off 10 million packages a day around the world, the job can be a grind. But a lot has changed since drivers in 2021 told CNBC about unrealistic workloads, peeing in bottles, dog bites and error-prone routing software. Among the biggest developments is the arrival of a brand-new electric […]
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Tesla, GM, Ford questioned by U.S. senator about Chinese source chains and connections to forced labor
Senate Finance Committee Chair Ron Wyden, D-Ore., asked big automakers, including Tesla, Common Motors and Ford, to supply aspects about their Chinese supply chains soon after a examine uncovered hyperlinks amongst some automobile providers and Chinese entities in a region in which U.S. officers say forced labor exists. Wyden despatched letters to 8 automakers, asking […]
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Goldman Sachs names 3 ‘conviction list’ stocks that could profit from their efforts to go green
Investing in sustainability is often a matter of ethics — but it need not come at the expense of profit. In fact, some companies doing more of that are showing “attractive corporate returns,” according to Goldman Sachs. And the investment bank said it believes they will attract more investors. Stocks identified as “Green Capex Improvers” […]
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Rivian pauses plans to make electric vans in Europe with Mercedes-Benz
Rivian said Monday it was pausing plans to manufacture electric commercial vans in Europe and would “no longer pursue” the agreement it made with Mercedes-Benz just three months ago. “We’ve decided to pause discussions with Mercedes-Benz Vans regarding the Memorandum of Understanding we signed earlier this year for joint production of electric vans in Europe,” […]
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Mercedes-Benz says car prices are ‘well-supported’ in China after Tesla cuts prices of its EVs
2022 Mercedes-Benz EQS EV Mercedes-Benz Mercedes-Benz finance chief on Wednesday told CNBC the automaker’s pricing of its cars in China is “well-supported” after U.S. electric vehicle giant Tesla slashed prices. “We definitely see the demand being well but also we see the pricing levels we put into the market being well-supported in the market in […]
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France enters ‘white gold’ rush as top producer aims to source Europe with lithium
A Lithium-ion battery photographed at a Volkswagen facility in Germany. The EU is looking to improve the number of electric powered vehicles on its roads in the coming a long time. Ronny Hartmann | AFP | Getty Visuals Paris-headquartered minerals giant Imerys plans to acquire a lithium extraction undertaking that it is hoped will help […]
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Mercedes-Benz CEO says luxury drivers will help spur the transition to electric vehicles
A charging port is seen on a Mercedes Benz EQC 400 4Matic electric vehicle at the Canadian International AutoShow in Toronto, Ontario, Canada, February 13, 2019. Mark Blinch | Reuters Mercedes-Benz CEO Ola Kallenius told CNBC’s Jim Cramer that while he thinks there will be a market for vehicles with internal combustion engines for a […]
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Porsche shares rise in Frankfurt industry debut
The Porsche IPO is established to be one particular of the greatest in European record. Thomas Kienzle | AFP | Getty Visuals Porsche shares edged increased in their stock market debut Thursday, in what is staying billed as a single of the largest community offerings in Europe at any time. Shares of the iconic sporting […]
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Qualcomm’s first auto investor day offers signs the industry is embracing its tech platform
We think Qualcomm delivered with its first-ever automotive investor day. Source
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Volkswagen shares up marginally on Porsche’s 70-75 billion euro valuation
A Porsche AG Taycan Turbo S electrical auto at the luxury automaker’s improvement middle in Weissach, Germany, on June 21, 2021. Andreas Gebert | Bloomberg | Getty Photographs Volkswagen shares rose marginally on Monday immediately after the carmaker said it was concentrating on a valuation of up to 75 billion euros ($74.84 billion) for sportscar model […]
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