Volkswagen has announced that it aims to have a production facility for solid-state batteries by 2025. The announcement comes with the VW Group’s £75 million investment in Californian battery technology company QuantumScape, following six years of collaboration with the firm. Solid-state battery technology, Volkswagen claims, would more than double the capacity compared with the brand’s current… Continue reading Volkswagen aims for solid-state battery production by 2025
Tag: BMW
BMW calls back 12,000 diesel cars
BMW: Recall at 5 and 7 for exhaust emissions – SPIEGEL ONLINE Illegal switch-off device BMW calls back 12,000 diesel cars BMW begins recalling about 12,000 diesel vehicles. In the models of the 5 and 7 series an illegal defeat device is installed. The manufacturer speaks of a technical breakdown. DPA BMW vehicles of the… Continue reading BMW calls back 12,000 diesel cars
BYD Looks To Enter European Battery Market With New Factory
1 M BY MARK KANE BYD could become yet another battery manufacturer that will build a battery factory in Europe. The Chinese company expressed interest in entering and quickly expanding the European market of plug-in electric vehicles. “We are considering cell production outside of China and that includes Europe,” Julia Chen, Global Sales Director at… Continue reading BYD Looks To Enter European Battery Market With New Factory
Daimler profit warning upsets car industry
D The Daimler share will suffer the consequences of the lowered forecasts on Thursday. The share price of the automotive group falls by about 2.5 percent. The Daimler papers last cost just over 58 euros. Previously, they had marked with 57.65 euros the lowest level since the summer of 2016. Among the negative news about… Continue reading Daimler profit warning upsets car industry
Daimler under pressure
D The Daimler share will suffer the consequences of the lowered forecasts on Thursday. The share price of the automotive group falls by about 4 percent. this also affects the prices of other auto stocks: BMW give 2.7 percent, Volkswagen 2.3 percent. The reduction in the forecast is a furrow that the trade conflict visibly… Continue reading Daimler under pressure
Hyundai union threatens to take legal action if company signs up for car JV
SEOUL, June 19 (Yonhap) — Hyundai Motor Co.’s union said Tuesday it will take legal action if the company signs a contract to invest in a local car-manufacturing joint venture proposed by a municipal government. Hyundai Motor originally planned to sign an agreement with the Gwangju city government on Tuesday to become the second-largest shareholder… Continue reading Hyundai union threatens to take legal action if company signs up for car JV
Autocar confidential: Volkswagen T-Roc Cabriolet, BMW 2 Series Active Tourer, Toyota hybrids & more
This week’s snippets of automotive news include news on the Volkswagen T-Roc Cabriolet concept, the BMW 2 Series Active Tourer, Toyota hybrid powertrains and Volkswagen’s low-cost project. Volkswagen T-Roc Cabriolet concept: The concept designs for the Volkswagen T-Roc Cabriolet, due in 2020, were so good that a production run was approved by the company’s board… Continue reading Autocar confidential: Volkswagen T-Roc Cabriolet, BMW 2 Series Active Tourer, Toyota hybrids & more
Young at heart? Mercedes cultivates its aging workforce
BERLIN (Reuters) – Too slow, inflexible, forgetful, always off sick. Those are some attitudes about older workers that carmaker Mercedes-Benz is trying to dispel as Germany grapples with the challenges of an aging society. People visit an exhibition about demografic change called ‘Ey Alter’ by carmaker Mercedes Benz in Berlin, Germany June 5, 2018. REUTERS/Axel… Continue reading Young at heart? Mercedes cultivates its aging workforce
Comment: The arrest of Audi CEO Stadler is a debacle for VW
The Munich public prosecutor has a remarkable timing: in time for the meeting of the Volkswagen-Supervisory Council in Wolfsburg on Monday She had Rupert Stadler arrested, Now he is sitting AudiChief in custody. The days of Stadler at Audi are numbered: He was on leave – provisionally, according to Handelsblatt information sales boss Bram Schot… Continue reading Comment: The arrest of Audi CEO Stadler is a debacle for VW
GM's Lansing Cadillac plant gets $175 million to build new sedans
The first 2013 Cadillac ATS compact luxury sport sedans intended for public sale are built at the Lansing Grand River assembly plant in July 2012. (Photo: John F. Martin for Cadillac) General Motors is investing $175 million in its Lansing Grand River plant, where it builds Cadillac sedans. The money will pay for new tooling and equipment to… Continue reading GM's Lansing Cadillac plant gets $175 million to build new sedans