Tag: Daimler

Wolfspeed ousts CEO Gregg Lowe as slowing EV sales hit growth

The company also named Chairman Thomas Werner as executive chairman and said its board was conducting a search for a permanent CEO. Chipmaker Wolfspeed said on Monday that its board ousted Gregg Lowe as its CEO without cause, amid growing challenges from slowing demand for electric vehicles, sending its shares up about 6%. The Durham,… Continue reading Wolfspeed ousts CEO Gregg Lowe as slowing EV sales hit growth

German FAZ: Unrest over electric car quotas in England008175

There is growing concern among car manufacturers about punitive quotas for electric car sales in the UK. Some manufacturers are urging the Labor government to relax the requirements, but so far Transport Minister Louise Haigh has shown only limited willingness to be more flexible. This year, car brands must sell at least 22 percent of… Continue reading German FAZ: Unrest over electric car quotas in England008175

German FAZ: Unrest over electric car quotas in England008175

There is growing concern among car manufacturers about punitive quotas for electric car sales in the UK. Some manufacturers are urging the Labor government to relax the requirements, but so far Transport Minister Louise Haigh has shown only limited willingness to be more flexible. This year, car brands must sell at least 22 percent of… Continue reading German FAZ: Unrest over electric car quotas in England008175

@BMW: FIA GT World Cup Macau: Victory in the qualification race, two podium finishes in the main race at the Guia Circuit.003809

Macau. Mixed emotions for the BMW M Motorsport teams and drivers after the FIA GT World Cup in Macau (CHN). Throughout much of the weekend, the pace of the four BMW M4 GT3s on the Guia Circuit was very strong, culminating in a one-two finish for Raffaele Marciello (SUI) and Dries Vanthoor (BEL) in Saturday’s… Continue reading @BMW: FIA GT World Cup Macau: Victory in the qualification race, two podium finishes in the main race at the Guia Circuit.003809