First impression of the VW project “Trinity” Silhouette of the Volkswagen “Trinity” project: from 2026 onwards, this new electric car will roll off the assembly line at the main plant in Wolfsburg. “Trinity” should only be the project name, however, the final name has not yet been determined. (Photo: Volkswagen) Düsseldorf The words “Tesla” and… Continue reading German Handelsblatt: More e-cars and more software: VW takes Tesla as a benchmark – new strategy with “Trinity” 001448
Tag: Tesla
Electric car: Volkswagen wants to crush the European market
Five years after Dieselgate, Volkswagen swears by electrics. And the Wolfsburg giant is setting itself increasingly ambitious goals in this area. Its eponymous flagship brand, Volkswagen, unveiled its strategic plan by 2030, called “Accelerate” on Friday. “We are targeting a market share of over 70% in Europe for 100% electric vehicles, and 50% in China… Continue reading Electric car: Volkswagen wants to crush the European market
German Handelsblatt: More e-cars and more software: VW takes Tesla as a benchmark – new strategy with “Trinity” 001446
First impression of the VW project “Trinity” Silhouette of the Volkswagen “Trinity” project: from 2026 onwards, this new electric car will roll off the assembly line at the main plant in Wolfsburg. “Trinity” should only be the project name, however, the final name has not yet been determined. (Photo: Volkswagen) Düsseldorf The words “Tesla” and… Continue reading German Handelsblatt: More e-cars and more software: VW takes Tesla as a benchmark – new strategy with “Trinity” 001446
Main Volkswagen brand speeds up shift to electric
By Reuters Staff 2 Min Read Slideshow ( 2 images ) FRANKFURT (Reuters) – Volkswagen’s namesake brand plans to more than double the share fully electric vehicles have in total European sales by 2030, the company said on Friday, in a bid to accelerate the carmaker’s shift towards battery-powered cars. Fully electric vehicles are expected… Continue reading Main Volkswagen brand speeds up shift to electric
Volkswagen core brand to accelerate electric vehicle shift
By Reuters Staff 2 Min Read FILE PHOTO: The logo of German carmaker Volkswagen is seen on a rim cap in a showroom of a Volkswagen car dealer in Brussels, Belgium July 9, 2020. REUTERS/Francois Lenoir FRANKFURT (Reuters) – Volkswagen’s namesake brand plans to more than double the share fully electric vehicles have in total… Continue reading Volkswagen core brand to accelerate electric vehicle shift
Tesla extends 3-day slide to 15% as tech sell-off continues following comments from Fed chief
A Tesla supercharger station at Burbank Town Center, in Burbank on Friday, Sept. 4, 2020 in Burbank, CA. Kent Nishimura / Los Angeles Times via Getty Images Shares of Tesla tumbled for a third day, extending their decline to 15% amid a wider tech sell-off as investors reallocate their portfolios away from stocks that outperformed… Continue reading Tesla extends 3-day slide to 15% as tech sell-off continues following comments from Fed chief
Cathie Wood’s flagship ETF has tumbled 25% in just 3 weeks amid a sharp tech sell-off
Getty Images / Xinhua News Agency A correction in technology stocks has taken its toll on the performance of Cathie Wood’s flagship fund. The ARK Disruptive Innovation ETF has tumbled 25% in just three weeks as a spike in interest rates helped spark a rotation out of high-growth sectors like tech and into cyclical stocks.… Continue reading Cathie Wood’s flagship ETF has tumbled 25% in just 3 weeks amid a sharp tech sell-off
GM, LG Chem studying the feasibility of a second battery cell plant in the US
General Motors is exploring building a second U.S. battery cell manufacturing plant with its joint-venture partner, Seoul, South Korea-based LG Chem. If the plant moves forward, it would be the latest in a series of investments aimed at building out the auto giant’s portfolio of electric vehicles. The company’s joint venture with LG, Ultium Cells… Continue reading GM, LG Chem studying the feasibility of a second battery cell plant in the US
New platform uses NFTs as a gateway for digital rights management
Companies across blockchains are starting to use non-fungible tokens (NFT). Non-fungible tokens are used to verify unique items such as digital art and digital ownership. Now, Wilmington, DE-based digital rights management platform RAIR wants to use NFTs to manage digital rights. The company provides a blockchain-based digital rights management platform and middleware encryption to enable… Continue reading New platform uses NFTs as a gateway for digital rights management
GM and LG are looking to build another battery factory in the US
GM has confirmed that it is working with LG to build another battery factory in the US under their joint-venture. Automakers who are serious about electrifying their vehicle lineup have to secure large amounts of batteries. Some are doing it through contracts with established battery suppliers, and other automakers are getting more involved in the… Continue reading GM and LG are looking to build another battery factory in the US