Samsung SDI to Double the Number of Its Prismatic Battery Production Lines in Hungary

Samsung SDI plans to double the number of its prismatic battery production lines at its Hungary plant by the end of this year and also begin construction of a second electric vehicle (EV) battery plant in Hungary. Its ultimate strategy is to gain dominance in the European prismatic EV battery market by investing about $890… Continue reading Samsung SDI to Double the Number of Its Prismatic Battery Production Lines in Hungary

Self-driving truck startup TuSimple files to go public

TuSimple, the self-driving truck company that is backed by a diverse consortium of strategic investors, including Volkswagen AG’s heavy-truck business The Traton Group, Navistar, Goodyear, and freight company U.S. Xpress, filed Tuesday for an initial public offering. TuSimple is taking the traditional path to going public, a departure from the recent trend — particularly among… Continue reading Self-driving truck startup TuSimple files to go public

Audi starts production of the Q4 e-tron electric SUV

Audi announced today that it started production of its highly anticipated Q4 e-tron electric SUV at its Zwickau factory. The Audi Q4 e-tron was first unveiled as a concept at the Geneva Motor Show in 2019, but the German automaker quickly announced plans to bring the vehicle to production. It was first supposed to happen… Continue reading Audi starts production of the Q4 e-tron electric SUV

@VW Group: THE MOST DYNAMIC BENTLEY ROAD CAR IN HISTORY: THE NEW CONTINENTAL GT SPEED Mar 23, 2021 …002692

The Continental GT Speed is the most capable, performance-focused Bentley ever – with no compromise to comfort or luxury Highly advanced chassis – with four new technologies –  increases sporting ability yet maintains ride comfort All-wheel steering and electronic rear differential enhance vehicle agility and stability Newly-engineered carbon ceramic brakes for incredible stopping power Revised… Continue reading @VW Group: THE MOST DYNAMIC BENTLEY ROAD CAR IN HISTORY: THE NEW CONTINENTAL GT SPEED Mar 23, 2021 …002692

@VW Group: Porsche SE generates group result after tax of 2.6 billion euro002692

Stuttgart, 23 March 2021. Porsche Automobil Holding SE (Porsche SE), Stuttgart, generated a group result after tax of 2.6 billion euro in the fiscal year 2020. This 40.5 percent decrease compared to the prior year (4.4 billion euro) is mainly attributable to the effects of the Covid-19 pandemic. The group result of Porsche SE was significantly… Continue reading @VW Group: Porsche SE generates group result after tax of 2.6 billion euro002692

@VW Group: New Chief Strategy Officer at Volkswagen002693

Andreas Walingen studied industrial engineering at the Technical University of Darmstadt and at Georgia State University in Atlanta, USA. In 2001 he joined Porsche AG in the project purchasing department for sports cars and in 2007 became Head of Procurement Electronics. In 2007 he took on the role of project manager in Corporate Strategy at Porsche AG… Continue reading @VW Group: New Chief Strategy Officer at Volkswagen002693

@VW Group: Change at the helm of Strategy and General Secretariat002692

Gernot Döllner, previously head of Product and Concept at Porsche AG, will become head of Group Strategy, Group Strategy Product and of the General Secretariat of Volkswagen AG effective May 1. In these functions, he will report directly to Herbert Diess, Chief Executive Officer of the Volkswagen Group. Gernot Döllner replaces Jürgen Rittersberger, who –… Continue reading @VW Group: Change at the helm of Strategy and General Secretariat002692

@VW Group: Audi CO2 program: sustainable aluminum for Audi e-tron GT wheels002693

AUDI AG is systematically continuing its CO2 program in the supply chain and, as a result, already reducing the CO2 emissions of the parts used in Audi models in the production phase. As part of a pilot project, the company is procuring 20-inch wheels for the Audi e-tron GT that are made from low-CO2 emission… Continue reading @VW Group: Audi CO2 program: sustainable aluminum for Audi e-tron GT wheels002693

@VW Group: Start of production for Audi Q4 e-tron002692

Audi goes “back to its roots”: In Zwickau in Saxony, the birthplace of this long-standing German company, production of the Audi Q4 e-tron has finally started. The fully electric compact model is the first electric SUV to be produced by Audi in Germany. The Q4 e-tron features a Volkswagen-made modular electric drive matrix (MEB), a… Continue reading @VW Group: Start of production for Audi Q4 e-tron002692

Ineos founder’s Land Rover rival faces launch delay due to Covid lockdowns

The Land Rover-rival being built by the billionaire Sir Jim Ratcliffe may be delayed by up to six months amid difficulties caused by the coronavirus pandemic. Ineos, the chemicals company founded by Ratcliffe, had planned to deliver the first of the new Grenadier vehicles in early 2022, but is now considering a new launch date… Continue reading Ineos founder’s Land Rover rival faces launch delay due to Covid lockdowns