Ionic Materials Raises $65 Million For Revolutionary Polymer Electrolyte

Ionic Materials, a company backed by Bill Joy and the automotive Alliance of Nissan, Renault and Mitsubishi, raised $65 million in Series C funding round. Ionic Materials Investors are attracted by the promise of a revolutionary polymer electrolyte for solid-state batteries that offers high conductivity at room temperature. Using the new electrolyte would enable production of… Continue reading Ionic Materials Raises $65 Million For Revolutionary Polymer Electrolyte

New boss Diess with tailwind: Volkswagen should deliver 4.4 billion euros profit

All articles and backgrounds 04/23/2018 New boss Diess with tailwind Volkswagen should deliver 4.4 billion euros profit REUTERS Volkswagen: After the change of boss from Müller to Diess, investors remain optimistic with regard to profit and turnover Volkswagen announces its first quarter results on Thursday (26 April). Following the surprise takeover of the chief position… Continue reading New boss Diess with tailwind: Volkswagen should deliver 4.4 billion euros profit

Bernd Osterloh in the interview – boss must “sometimes even on the table”: VW works council boss demands of Diess taut leadership

All articles and backgrounds 04/19/2018 Interview with Bernd Osterloh – boss has to “hit the floor sometimes” VW works council chief demands from Diess tighter leadership REUTERS Bernd Osterloh: “I do not need anyone to put Herbert Diess on the chain” Volkswagen works council chief Bernd Osterloh expects the new boss Herbert Diess to streamline… Continue reading Bernd Osterloh in the interview – boss must “sometimes even on the table”: VW works council boss demands of Diess taut leadership

Interview with Bernd Osterloh – boss has to “hit the floor” too: VW works council chief demands of Diess tighter leadership

All articles and backgrounds 04/19/2018 Interview with Bernd Osterloh – boss has to “hit the floor sometimes” VW works council chief demands from Diess tighter leadership REUTERS Bernd Osterloh: “I do not need anyone to put Herbert Diess on the chain” Volkswagen works council chief Bernd Osterloh expects the new boss Herbert Diess to streamline… Continue reading Interview with Bernd Osterloh – boss has to “hit the floor” too: VW works council chief demands of Diess tighter leadership

IPO of 25 percent of the truck sector could bring in 6 billion euros: How the truck business to Volkswagens Mustersparte becomes

All articles and backgrounds 04/13/2018 IPO of 25 percent of the truck sector could bring in 6 billion euros How the truck business to Volkswagens Mustersparte becomes REUTERS VW truck boss Andreas Renschler So much is in motion in the Volkswagen Group. Several management posts, including the boss, are being retooled, the entire management structure… Continue reading IPO of 25 percent of the truck sector could bring in 6 billion euros: How the truck business to Volkswagens Mustersparte becomes

This will be the new boss, the group introduces brand groups: Volkswagen decides the biggest change in history

All articles and backgrounds 04/12/2018 This is going to be a new boss, the Group is introducing brand groups Volkswagen is deciding on the biggest change in its history DPA Volkswagen headquarters Wolfsburg The Volkswagen Group is facing the biggest change in its history. At its meeting on Thursday, the Supervisory Board elected Herbert Diess… Continue reading This will be the new boss, the group introduces brand groups: Volkswagen decides the biggest change in history

China’s Lishen plans first European sales office for electric vehicle batteries: Source

By Yilei Sun and Andreas Cremer LONDON: Chinese battery maker Tianjin Lishen plans to open a sales office in Germany, its first in Europe, and is in talks to supply local auto makers with batteries used to power electric vehicles, a source at the company told Reuters. Two sources said Volkswagen, the world’s largest car… Continue reading China’s Lishen plans first European sales office for electric vehicle batteries: Source

As the electric car start-up Byton positioned: “A smart device on wheels – that’s the new”

All articles and backgrounds 04/23/2018 How the electric car start-up Byton positions itself “A smart device on wheels – that’s the new one” AP The first electric SUV prototype from Byton: The production model should be almost identical, it says at the start-up From the end of 2019, the Chinese start-up Byton wants to drive… Continue reading As the electric car start-up Byton positioned: “A smart device on wheels – that’s the new”

NIO Capital Said Raising $500M Offshore Fund For Auto Investment

NIO Capital, a private equity fund established by Chinese electric car company NIO, is close to completing the first round of a US$500 million offshore fund that will invest in new automotive technologies, according to media reports. NIO Capital did not immediately respond to China Money Network’s email seeking for comment. The company is in… Continue reading NIO Capital Said Raising $500M Offshore Fund For Auto Investment