Wolfsburg, February 24, 2022 – Volkswagen AG today announced that it will conduct an assessment on the feasibility of a potential initial public offering of Dr. Ing. h.c. F. Porsche AG. The Management Board and the Supervisory Board of Volkswagen concluded a framework agreement reflecting the respective discussions between Volkswagen AG and Porsche Automobil Holding… Continue reading @VW Group: Volkswagen to start review of Porsche AG IPO004678
Tag: VW
Temasek-backed Ola Electric plans to build battery plant in India
Softbank Group-backed Ola Electric plans to build a battery cell manufacturing plant in India with a capacity of up to 50 gigawatt hours (GWh), a source told Reuters, as part of its broader electrification push. Ola will need 40 Gwh of battery capacity to meet its annual target to produce 10 million electric scooters and the remainder will be for electric cars,… Continue reading Temasek-backed Ola Electric plans to build battery plant in India
Arbe Names Founder and Former CEO of Porsche Digital to Its Board of Directors
TEL AVIV, Israel, Feb. 24, 2022 /PRNewswire/ — Arbe Robotics Ltd. (Nasdaq: ARBE) (“Arbe”), a global leader in next-generation 4D Imaging Radar Solutions, announced today that Thilo Koslowski, a renowned thought leader, and visionary in automotive and digital technology, has been named to its Board of Directors. Koslowski is an executive advisor focused on technology strategies for global… Continue reading Arbe Names Founder and Former CEO of Porsche Digital to Its Board of Directors
@BMW: BMW Group joins sustainable lithium mining project in Chile001788
Munich. Responsible management of natural resources is one of the core elements of the BMW Group’s commitment to sustainability. Within the framework of these activities, the company has joined the cross-sector “Responsible Lithium Partnership” project. The aim of the project is to reach a shared understanding of responsible management of natural resources with local interest… Continue reading @BMW: BMW Group joins sustainable lithium mining project in Chile001788
GM shuts downs Marketplace, the app that let you buy gas and coffee from your car’s screen
General Motors is shutting down its in-car shopping app, Marketplace, which allowed customers to buy coffee, pay for gas, or make restaurant reservations from the infotainment screen of their vehicles. The service will be discontinued March 2022. (The news was first reported by CNBC.) The app, which was first introduced in 2017, was part of… Continue reading GM shuts downs Marketplace, the app that let you buy gas and coffee from your car’s screen
German Handelsblatt: Used car check: VW Tiguan: The SUV used003816 has these two weaknesses
VW Tiguan Also at home away from the asphalt: At least that’s how the Tiguan appears in the company photo – here as a longer Allspace version. (Photo: dpa) Düsseldorf What do tigers and iguanas have in common? They are reflected in the name of the VW Tiguan. The successful compact SUV from Wolfsburg owes… Continue reading German Handelsblatt: Used car check: VW Tiguan: The SUV used003816 has these two weaknesses
Volkswagen Is Considering a Plan to Spin Off Porsche in an I.P.O.
Volkswagen said it was considering hiving off its profitable Porsche division into a separate company with its own stock listing. The transaction would help the automaker raise money to invest in electric vehicles while also potentially returning more control of the high-performance carmaker to descendants of its founder. Volkswagen preferred shares, the most widely traded,… Continue reading Volkswagen Is Considering a Plan to Spin Off Porsche in an I.P.O.
@VW Group: BUGATTI CENTODIECI – TESTED TO MINUS 20 DEGREES CELSIUS IN THE CLIMATE CHAMBER004669
The Bugatti Centodieci1 has now been parked in a special climate chamber for two days. Following tests conducted at room temperature and heat tests at up to 50 degrees Celsius, Bugatti engineers are now taking the chamber down to sub-zero temperatures. The Centodieci has been subjected to minus 20 degrees for twelve hours now – waiting for… Continue reading @VW Group: BUGATTI CENTODIECI – TESTED TO MINUS 20 DEGREES CELSIUS IN THE CLIMATE CHAMBER004669
Audi is bringing 5G connectivity to its vehicles in 2024
Audi of America and Verizon are teaming up to add 5G connectivity to the automaker’s lineup by 2024, the companies announced. The improved connectivity will mean better software performance, enhanced navigation, and faster music and video streaming capabilities. It’s the latest deal to bring faster network speeds to new model vehicles with more advanced software… Continue reading Audi is bringing 5G connectivity to its vehicles in 2024
VW in advanced talks over listing Porsche brand
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