By Reuters Staff 1 Min Read FILE PHOTO: A logo of German luxury carmaker BMW, is seen ahead of the company’s annual news conference in Munich, Germany, March 20, 2019. REUTERS/Michael Dalder/File Photo FRANKFURT (Reuters) – BMW plans significant production cost cuts by the middle of the decade, one of the German carmaker’s board members… Continue reading Board member says BMW to cut production cost per vehicle by 25%
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Daimler wants to produce its own battery cells – Business Insider
Daimler AG sign is pictured at the IAA truck show in Hanover, Germany, September 22, 2016. REUTERS/Fabian Bimmer/File Photo BERLIN, June 22 (Reuters) – German carmaker Daimler AG (DAIGn.DE) wants to manufacture its own battery cells, Business Insider reported on Tuesday, citing company sources. Daimler struck a deal with Chinese battery supplier Farasis Energy in… Continue reading Daimler wants to produce its own battery cells – Business Insider
Daimler speeds up shift to electric vehicles, Manager Magazin reports
LONDON, June 17 (Reuters) – Daimler AG (DAIGn.DE) will accelerate the launch of electric cars slated for the middle of this decade while phasing out fossil-fuel versions, as it revamps its electrification strategy, Manager Magazin reported on Thursday. Many of the electric vehicle models the German carmaker has planned for 2024 or 2025 will be… Continue reading Daimler speeds up shift to electric vehicles, Manager Magazin reports
Daimler and Volkswagen cut working hours, citing chip shortage
By Reuters Staff 1 Min Read FILE PHOTO: Staff wear protective masks at the Volkswagen assembly line in Wolfsburg, Germany, April 27, 2020. Swen Pfoertner/Pool via REUTERS/File Photo FRANKFURT (Reuters) -Daimler and Volkswagen are cutting working hours at some of their plants as the carmakers continue to suffer from a shortage of semiconductors that has… Continue reading Daimler and Volkswagen cut working hours, citing chip shortage
Geely’s EV brand Zeekr sells out of deliverable cars for this year
By Reuters Staff 1 Min Read FILE PHOTO: Visitors check a Zeekr 001, a model from Geely’s new premium electric vehicle (EV) brand Zeekr, at its factory in Ningbo, Zhejiang province, China April 15, 2021. REUTERS/Yilei Sun/File Photo BEIJING (Reuters) – Zeekr, a new premium electric vehicle (EV) brand launched this year by Geely, has… Continue reading Geely’s EV brand Zeekr sells out of deliverable cars for this year
Bitcoin tops $40,000 after Musk says Tesla could use it again
By Tom Wilson, Tom Westbrook 3 Min Read LONDON/SINGAPORE (Reuters) -Bitcoin climbed above $40,000 on Monday, after yet another weekend of price swings following tweets from Tesla boss Elon Musk, who fended off criticism over his market influence and said Tesla sold bitcoin but may resume transactions using it. Bitcoin has gyrated to Musk’s views… Continue reading Bitcoin tops $40,000 after Musk says Tesla could use it again
China’s Geely to press on with methanol vehicles, chairman says
Chinese automaker Geely (GEELY.UL) will keep working on vehicles powered by methanol even though the effort may fail, chairman Li Shufu said on Sunday. Zhejiang-based Geely, among a small number of automakers developing methanol-powered vehicles, is testing methanol taxis in some western Chinese cities as well as developing methanol-powered trucks at its commercial vehicles unit.… Continue reading China’s Geely to press on with methanol vehicles, chairman says
German environmental groups file objection against Tesla gigafactory permit
The construction site of the future Tesla Gigafactory is seen in Gruenheide near Berlin, Germany, September 19, 2020. Picture taken with a drone. REUTERS/Hannibal Hanschke/File Photo German environmental groups have filed an official objection to a provisional permit from the Brandenburg environmental authority for the construction of a Tesla (TSLA.O) gigafactory near Berlin, the groups’… Continue reading German environmental groups file objection against Tesla gigafactory permit
‘This car crushes’ Musk says, as Tesla launches faster Model S ‘Plaid’
A Tesla logo on a Model S is photographed inside of a Tesla dealership in New York, U.S., April 29, 2016. REUTERS/Lucas Jackson/File Photo Tesla Inc (TSLA.O) delivered a high-performance version of its Model S on Thursday, aiming to reignite interest in the nearly decade-old sedan and fend off rivals such as Porsche, Mercedes-Benz and… Continue reading ‘This car crushes’ Musk says, as Tesla launches faster Model S ‘Plaid’
Tesla to launch high-end Model S ‘Plaid’ to fend off Mercedes, Porsche
A Tesla logo on a Model S is photographed inside of a Tesla dealership in New York, U.S., April 29, 2016. REUTERS/Lucas Jackson/File Photo Tesla Inc (TSLA.O) will deliver a high-performance version of its Model S on Thursday, aiming to reignite interest in the nearly decade-old sedan and fend off rivals such as Porsche, Mercedes-Benz… Continue reading Tesla to launch high-end Model S ‘Plaid’ to fend off Mercedes, Porsche