Category: News Site

Rivian lost $1.59 billion and delivered 1,227 electric trucks in the first quarter of 2022

Rivian, the buzzy electric vehicle company backed by Ford and Amazon, reported a net loss of $1.59 billion in the first quarter of 2021 based on $95 million in revenue. The company said it delivered 1,227 vehicles to customers during the past three months, bringing its total number of deliveries to 2,148. Rivian said it… Continue reading Rivian lost $1.59 billion and delivered 1,227 electric trucks in the first quarter of 2022

German Manager Magazin: Northvolt: Robert Habeck supports battery cell factory with 155 million euros001762

The federal and state governments have approved funding of 155.4 million euros for the planned battery cell plant on the west coast of Schleswig-Holstein. Federal Minister of Economics Robert Habeck (52) handed over a corresponding funding decision to the Swedish company Northvolt on Wednesday. That is the maximum that the EU has approved, according to… Continue reading German Manager Magazin: Northvolt: Robert Habeck supports battery cell factory with 155 million euros001762

ABB to supply AC and DC charging stations to Shell

The fossil fuel industry’s takeover of public charging infrastructure continues. This week, Volkswagen and bp announced plans to build a new network of fast chargers across Europe, and ABB agreed to supply charging stations to Shell. ABB E-mobility has signed a new global agreement with Shell to supply ABB’s portfolio of AC and DC charging… Continue reading ABB to supply AC and DC charging stations to Shell

German Handelsblatt: Auto industry: New VW brand “Scout” is to stand up to GM and Ford in the USA004295

Volkswagen versucht einen Neubeginn in den USA. Wie am Mittwoch aus Konzernkreisen verlautete, will der Wolfsburger Autohersteller mit einer weiteren Fahrzeugmarke in Nordamerika antreten. Unter dem Markennamen „Scout“ wird der VW-Konzern in einigen Jahren elektrische Pick-ups und geländegängige SUVs anbieten. Der Aufsichtsrat hat diese Ausweitung des US-Geschäfts am Abend freigegeben.„Scout“ soll eine wesentliche Rolle bei… Continue reading German Handelsblatt: Auto industry: New VW brand “Scout” is to stand up to GM and Ford in the USA004295