German Handelsblatt: Car manufacturer: Daimler sells more Mercedes cars again for the first time in November000903

Mercedes Benz EQC 400 So far, Daimler has always sold fewer Mercedes cars this year than in the same month of the previous year. (Photo: AFP) Stuttgart For the first time this year, Daimler sold more cars of its core brand Mercedes-Benz in one month than in the previous year. Wholesale sales in November were… Continue reading German Handelsblatt: Car manufacturer: Daimler sells more Mercedes cars again for the first time in November000903

German Handelsblatt: Power struggle at VW: Volkswagen boss Herbert Diess: “Will fulfill contract by 2023” 000902

VW boss Herbert Diess Wolfsburg Volkswagen boss Herbert Diess expects an early solution in the debate about filling top jobs at the car manufacturer. “I am confident that we will get a decision in the next few weeks,” he told Wirtschaftswoche. The situation is not easy, but will not allow any further delay, the manager… Continue reading German Handelsblatt: Power struggle at VW: Volkswagen boss Herbert Diess: “Will fulfill contract by 2023” 000902

Volvo Trucks launches VNR Electric model in North America

Volvo Trucks North America has announced the commercial introduction and sales start of its zero tailpipe emission, battery-electric vehicle to the North American market. The Class 8 Volvo VNR Electric truck model has a scheduled production start in early 2021. The VNR Electric model is now commercially available in North America. The Volvo VNR Electric is… Continue reading Volvo Trucks launches VNR Electric model in North America

Daimler board backs strategy, staff fund planned

File Image BERLIN: The supervisory board of German automaker Daimler agreed on Thursday to back a strategic plan to cut fixed costs, capex and R&D spending and announced a new transformation fund for staff worth 1 billion euros ($1.22 billion) up until 2025. Daimler said in a statement that the supervisory board had given its… Continue reading Daimler board backs strategy, staff fund planned

Research Team from KAIST Develops a Hybrid Lithium-Ion Battery That Enables Rapid Charging in Seconds

The Korea Advanced Institute of Science and Technology (KAIST, President Shin Sung-chul) announced on Thursday that a research team led by Professor Kang Jeong-gu from the department of Materials Science and Engineering has developed a hybrid lithium-ion battery with high energy and high output.The team has developed large-capacity anode material and cathode material based on… Continue reading Research Team from KAIST Develops a Hybrid Lithium-Ion Battery That Enables Rapid Charging in Seconds

GM CEO Barra defends the company’s pickup production despite its EV push

In a nearly hour-long interview on the Freakonomics Radio podcast, General Motors CEO Mary Barra talks about the automaker’s electric vehicle strategy and President Donald Trump, among many other topics. One of the main subjects is GM’s aggressive push to bring electric vehicles to market faster than it anticipated.  But Stephen Dubner, host of Freakonomics Radio, pointed out that despite GM’s… Continue reading GM CEO Barra defends the company’s pickup production despite its EV push

Elon Musk is open to talking about merging Tesla with another car company. These are the 4 most likely candidates. (TSLA)

Tesla CEO Elon Musk said on Tuesday that he would be open to discussing a merger with a rival automaker. Experts told Business Insider that Ford, General Motors, Nio, and the Renault-Nissan-Mitsubishi alliance would be Tesla’s most likely merger candidates. They could offer Tesla manufacturing expertise, a larger global footprint, and a stronger position in… Continue reading Elon Musk is open to talking about merging Tesla with another car company. These are the 4 most likely candidates. (TSLA)

How the designer of Lucid Motors’ $80,000 Tesla rival transformed a 2015 sketch into the EV of the future

Business Insider spoke with Derek Jenkins, the VP of design at Lucid Motors, about designing the company’s upcoming Air EV. The Air debuted in September. The Air was first sketched out in 2015 and the design team had to figure out what would still look futuristic by the time the car debuted in 2020. Because… Continue reading How the designer of Lucid Motors’ $80,000 Tesla rival transformed a 2015 sketch into the EV of the future

Goldman Sachs says Tesla will sell 15 million cars per year by 2040 — nearly double General Motors (TSLA, GS)

Tesla’s already worth more than any other American automaker, and Goldman Sachs expects it to soon overtake their sales numbers too. The bank on Wednesday upped its financial estimates and price target for the automaker’s high-flying stock to $780, the highest on Wall Street, citing continued market share gains. “If Tesla sustains its mid to… Continue reading Goldman Sachs says Tesla will sell 15 million cars per year by 2040 — nearly double General Motors (TSLA, GS)