People were buying electric bikes and scooters long before the pandemic. Some saw them as a cheap and reliable way to reach the office. Others wanted a vehicle that could take them to the nearest park, supermarket or brunch-time meet-up. The coronavirus outbreak has been a catalyst for the industry, though. At first, when so many countries were imposing strict lockdowns, people wanted a way to safely exercise outdoors.
TEKLAS, a Turkish manufacturing company and supplier of electric vehicle parts, announced earlier this month it would invest $6.5 million to open its first North American facility and headquarters in Gordon County, according to a press release from Gov. Brian Kemp’s office.
TEKLAS’s 200,000-square-foot facility and headquarters will be located at 320 South Industrial Blvd. in Calhoun and is expected to create 120 jobs. Operations are scheduled to start in the spring of 2021.
Fiat and Peugeot’s merger is inevitable, Mitsubishi dealers are very excited about the new Outlander, and Tesla. All that and more in The Morning Shift for December 21, 2020. Reuters had the story in October about the European Union’s final approvals, and Bloomberg says today that the merger officially is good to go. When consummated, FCA-PSA will be the fourth-biggest automaker. It is called “Stellantis” for some reason.
DETROIT (Reuters) – Tesla Inc and Wall Street made 2020 the year that the U.S. auto industry decided to go electric. Tesla’s market capitalization surged above $600 billion, making the once wobbly startup founded by billionaire Elon Musk worth more than the five top-selling global vehicle making groups combined.
Yokohama Tire announced it will supply ADVAN racing tires as the control tire for the Porsche Sprint Challenge North America by Yokohama, a new Porsche racing series to be held in the United States and Canada from 2021.
The company will supply the ADVAN A005 for use on dry tracks and the ADVAN A006 for use on wet tracks.
Michelin North America announced price increases up to 5% on select Michelin and BFGoodrich passenger and light truck tires as well as on select commercial offers to fleet customers due to changing business dynamics of the U.S. market.
This increase will be effective on Feb. 1, 2021 and complements the earlier price increase on Uniroyal® brand passenger and light truck products that went into effect in November.
Price changes may vary across specific products within each brand portfolio. Details will be presented directly to dealers and fleet customers with additional questions addressed directly through account managers.
As public concern over environmental pollution evolves and focuses on new areas, businesses continue to seek solutions. Some aspects of the problem, like cutting down on disposable plastic bottles or reducing emissions, have been studied extensively. Other areas, such as microplastics in the environment, are much newer and their implications are still being understood.
Found in oceans and waterways, soil and land ecosystems, and even the air, microplastics are most commonly associated with degraded plastic packaging and microbeads used in personal care products. Less known sources of microplastics in the environment include synthetic clothing fibers, which shed when laundered and enter the water system, and the tiny particles of tires that are released through wear and tear as more than 1 billion vehicles travel the roads each year.
Russian-born entrepreneur Denis Sverdlov wants to revolutionize automaking, replacing Henry Ford’s century-old conveyor-belt assembly lines with tiny factories that cost far less. While most of the industry aims for big sales numbers that will keep huge plants busy, his Arrival, which will start producing electric buses and vans next year, is betting that doing just the opposite will help reduce production costs.
BOSTON–(BUSINESS WIRE)–Cabot Corporation (NYSE: CBT), a leading global specialty chemicals and performance materials company, today announced it has been named one of America’s Most Responsible Companies 2021 by Newsweek magazine. This is the second year Cabot has received this recognition, which was developed in 2020 to recognize the most responsible companies in the United States across 14 industries.
This accomplishment recognizes Cabot’s reputation and programs in corporate governance, community engagement and management of environmental performance, as well as transparent reporting. Cabot ranked in the top 10 most responsible companies in the materials industry and top 10% of all companies analyzed.
Extending the usable life of a tire is part of Michelin’s overall sustainability strategy, says Alexis Garcin, chairman and president of Michelin North America. In addition, the company is working to develop new sources of biomaterials.
Hydrogen is emerging as part of Michelin’s business plan for the next decade as it maneuvers to maintain a sustainable course through a rapidly changing mobility landscape.
The tire maker already has built its first zero-emission plant as part of a broad effort within the company to become carbon neutral by 2050, Alexis Garcin, chairman and president of Michelin North America, says during a webinar sponsored by the North American International Auto Show.