GM and Ford to promote battery pilot line with ‘K-equipment’

Visiting South Korean companies to discuss facility constructionBeyond R&D, mass production seems to be in mind It was confirmed that General Motors (GM) and Ford, the leading automakers in the United States, discussed the establishment of independent production facilities with leading domestic battery manufacturers in South Korea. Several equipment companies that met with GM and… Continue reading GM and Ford to promote battery pilot line with ‘K-equipment’

VW CEO Diess warns car plants are at risk from energy supply halt – Automotive News Europe

Volkswagen Group CEO Herbert Diess warned that the shift away from Russian energy isn’t happening fast enough to shield the German automaker from a sudden stop in natural-gas deliveries. VW will keep the ability to run its power plants with coal instead of gas because of Germany’s reliance on Russian imports, Diess said in an… Continue reading VW CEO Diess warns car plants are at risk from energy supply halt – Automotive News Europe

@VW Group: Automobili Lamborghini presents the new Huracán Tecnica to its customers005271

In Berlin, London, and Milan, customers from all over Europe get to experience the latest model in Lamborghini’s product range up close Sant’Agata Bolognese, 22 June 2022 – Automobili Lamborghini has presented its latest model, the Huracán Tecnica [1], to its European customers in a series of three events in London, Berlin, and Milan over… Continue reading @VW Group: Automobili Lamborghini presents the new Huracán Tecnica to its customers005271

Porsche and Michelin on a performance mission at Goodwood with tyres that contain 53% sustainable materials

Porsche and Michelin on a performance mission at Goodwood with tyres that contain 53% sustainable materials The new, fully-electric Porsche 718 Cayman GT4 ePerformance will be out to showcase its potential at 2022 Goodwood Festival of Speed on Michelin tires that contain 53% sustainable materials. At last August’s Le Mans 24 Hours, Michelin revealed the… Continue reading Porsche and Michelin on a performance mission at Goodwood with tyres that contain 53% sustainable materials

Tesla’s fast cash: EV maker nips at heels of profit leader Toyota

TOKYO — Tesla is accelerating its timeline for turning cash into product and back to cash, giving the company a rare opportunity to commit more resources for investments into its future. The strategy already appears to be paying off. Tesla’s net profit increased more than sevenfold on the year in the January-March quarter to $3.3 billion, not far behind Toyota’s… Continue reading Tesla’s fast cash: EV maker nips at heels of profit leader Toyota

German Handelsblatt: Car manufacturer: Volkswagen does not want to postpone Porsche IPO004522

Porsche Volkswagen boss Diess does not see the schedule for the Porsche IPO in jeopardy. (Photo: dpa) Despite the gloomy market environment, Volkswagen is not thinking of postponing the IPO of its sports car subsidiary Porsche. “Very simple answer: no,” said CFO Arno Antlitz on Wednesday in response to a question at an event hosted… Continue reading German Handelsblatt: Car manufacturer: Volkswagen does not want to postpone Porsche IPO004522

Europcar Mobility Group to Replace Board of Directors

Caroline Parot, the current CEO of Europcar Mobility Group, plans to leave the company after its Annual General Meeting. Photo: Europcar Green Mobility Holding S.A., a bidder consortium consisting of Volkswagen, Attestor, and Pon Holdings, has announced changes to leadership positions at the Europcar Mobility Group. Europcar Mobility Group’s current one-tier Board of Directors will… Continue reading Europcar Mobility Group to Replace Board of Directors

@VW Group: Volkswagen’s first fully-electric limousine: The ID. AERO(((ID. AERO – the car is a pre-production study and is not yet on sale.))) is under starter’s orders005265

The Volkswagen brand is looking into the future and releasing exclusive design sketches of the ID. AERO, the first fully-electric limousine for the Chinese automobile market. At first glance, the new concept car impresses with its outstanding aerodynamics, elegant design and generous space. The digital world premiere of the pre-production study will take place on… Continue reading @VW Group: Volkswagen’s first fully-electric limousine: The ID. AERO(((ID. AERO – the car is a pre-production study and is not yet on sale.))) is under starter’s orders005265

@VW Group: How the Taycan Recovers Energy While Driving005266

16/06/2022 The Taycan generates new energy when braking. This becomes possible with a unique recuperation management system. How does it work? The autobahn is empty and you’re driving 200 kmh, until a small delivery van changes lanes to pass a truck. No problem – you’re maintaining a safe distance and slow down to 100 kmh.… Continue reading @VW Group: How the Taycan Recovers Energy While Driving005266

Supercar makers start to go electric

For many years, Luciano Colosio’s garage was governed by an iron rule: all cars must have 12 cylinders. A McLaren F1, a $2.6mn Pagani, a Bugatti Veyron, two Aston Martin One-77s with hand-built Cosworth engines and, of course, a steady parade of Ferraris, all passed through his collection. Not any more. At the age of… Continue reading Supercar makers start to go electric