German Handelsblatt: Electromobility: Porsche invests in new batteries – the new material is that powerful004257

Sports sedan Taycan With new battery materials, Porsche could increase the range and charging speed of its car batteries. For new, high-performance batteries, Porsche is again allowed to go its own way in the Volkswagen Group with a lot of money: First, in 2021, the Zuffenhausen-based company announced that it would build a high-performance battery… Continue reading German Handelsblatt: Electromobility: Porsche invests in new batteries – the new material is that powerful004257

Porsche AG Takes the Lead in Group14 Technologies’ $400M Raise to Accelerate Global Production of Lithium-Silicon Battery Materials

Group14’s Series C supports Porsche AG to electrify its models and meet the demand of the global EV market Diverse set of institutional investors back the latest fundraising, including OMERS Capital Markets, Decarbonization Partners (a partnership between Temasek and BlackRock), Riverstone Holdings LLC, Vsquared Ventures and Moore Strategic Ventures complementing battery industry strategics Porsche subsidiary,… Continue reading Porsche AG Takes the Lead in Group14 Technologies’ $400M Raise to Accelerate Global Production of Lithium-Silicon Battery Materials

Volkswagen Supplier Innovates Rubber Gasket Inspection Machines in Mexico

Morgan Polymer Seals’ vision inspection technology ensures the safety of high-volume OEM filter plates delivered to Europe and Asia SAN DIEGO, May 3, 2022 /PRNewswire/ — Morgan Polymer Seals announced today the innovation of its in-house vision inspection technology for a Volkswagen filter plate seal used in a vehicle’s Transmission Electro-Hydraulic Control Module (TECHM). Dubbed… Continue reading Volkswagen Supplier Innovates Rubber Gasket Inspection Machines in Mexico

Tesla, new profit champion among automakers

Who would’ve believed that ? Barely a year ago, Tesla’s meager profits came largely from sale of CO2 credits . Today, against all odds, the champion of the electric car has also become the champion of profitability in the automotive industry. According to the ranking established by the firm EY based on the 2021 accounts… Continue reading Tesla, new profit champion among automakers

Wiesmann is back with a 500kW electric roadster – Stuff.co.nz

Wiesmann is back with a two-seater electric roadster producing 500kW. Funky German custom builder Wiesmann is back after being bought out and restarted in 2016, with a new all-electric two-seater roadster. Called Project Thunderball, it does away with the previous Wiesmann tradition of using BMW engines in favour of two electric motors, both mounted on… Continue reading Wiesmann is back with a 500kW electric roadster – Stuff.co.nz

The Drako GTE Was The World’s First Four-Seat Hypercar – HotCars

There’s something beguiling about this car. It reminds us of the Estoque: the four-seater Lamborghini that wasn’t meant to be. The Drako GTE EV is genuinely the first four-seater hypercar in the world, but the Koenigsegg Gemera stakes that claim rather embarrassingly – and if we ever stood the chance, we’d like to punch someone… Continue reading The Drako GTE Was The World’s First Four-Seat Hypercar – HotCars

Porsche and Audi will enter Formula 1

The rumor, which had been circulating for several months in the paddock, was confirmed on Monday by Volkswagen: Porsche and Audi, the two premium brands of the German group, will be well engaged in Formula 1. It remains to be seen how: will they simply choose to supply engines or will they be tempted by… Continue reading Porsche and Audi will enter Formula 1

Auto Sales in April 2022: PVs marred by supply constraints, 2Ws show recovery, CVs, tractors in green

Representative Image New Delhi: The first month of the financial year, April, has been marred by COVID challenges for the past two fiscal years. In 2020, automobile OEMs saw zero production and sales during the month due to the first COVID wave. In 2021, the year started on a good note but the later part… Continue reading Auto Sales in April 2022: PVs marred by supply constraints, 2Ws show recovery, CVs, tractors in green

German Manager Magazin: Volkswagen opts for chips from Qualcomm001736

The car company Volkswagen has committed itself to the US chip company Qualcomm in the development of automated driving. VW will use Qualcomm’s “System on Chip” (SoC), which was specially developed for automated driving, across all brands worldwide from 2026, reports the newspaper “Handelsblatt”, citing group circles. The deal, which runs until 2031, will cost… Continue reading German Manager Magazin: Volkswagen opts for chips from Qualcomm001736