SEOUL (Financial Times) — LG Electronics will spin off part of its electric vehicle components business and set up a $1 billion joint venture with Canada’s Magna International — a deal that is aimed at capturing a bigger share of the fast-growing global EV parts market and which lifted its shares by nearly one-third. The South… Continue reading LG Electronics signs $1bn EV parts venture with Canada’s Magna
Tag: VW
Daimler prepares listing of trucks business -Handelsblatt
By Reuters Staff 1 Min Read FILE PHOTO: The Daimler logo is seen before the carmaker’s annual shareholder meeting in Berlin, Germany, April 5, 2018. REUTERS/Hannibal Hanschke/File Photo FRANKFURT (Reuters) – German luxury carmaker Daimler is preparing a stock market listing of its trucks division, business newspaper Handelsblatt reported, citing company sources. The unit could… Continue reading Daimler prepares listing of trucks business -Handelsblatt
@VW Group: All-in-one: The new MyŠKODA App is launched
From now on, there can only be one – the new MyŠKODA App, with which ŠKODA is taking the next strategic step towards simplifying its applications. In the new MyŠKODA App, the Czech car manufacturer is combining the previous MyŠKODA App with the ŠKODA Connect App. From now on, the ŠKODA Connect App will form… Continue reading @VW Group: All-in-one: The new MyŠKODA App is launched
Elation Hypercars Freedom Is a 1,900-HP Electric Fantasy Eruption
Hyperbolically powerful EVs are sprouting all over the automotive landscape like weeds these days. The Porsche Taycan Turbo S makes an already frankly ludicrous 750 horsepower, but the Lotus Evija, Rimac C2, and Tesla Roadster all have it beat. Now there’s a new player in the game. Elation Hypercars, an American-based “hyper-EV” company, has just… Continue reading Elation Hypercars Freedom Is a 1,900-HP Electric Fantasy Eruption
German Handelsblatt: Car manufacturer: VW software organization loses technology boss Björn Goerke001023
Bjorn Goerke The manager had switched from SAP to VW at the beginning of this year. (Photo: Volkswagen AG) Munich The Group’s new central unit for software development loses its chief technology officer. Chief Technology Officer Björn Goerke is leaving the Car.Software Organization (CSO) for personal reasons, as the car manufacturer announced. CSO boss Dirk… Continue reading German Handelsblatt: Car manufacturer: VW software organization loses technology boss Björn Goerke001023
@Ford: The Ford Expedition: Designed for Every Family Adventure, with more capability, smart technology and exceptional luxury for all
DUBAI, UAE, December 20, 2020 – The Ford Expedition three row SUV was built with the family in mind and, with exceptional space, power, standard technology and capability, it continues to redefine family adventures in the Middle East. With a bold stance and luxurious styling, Expedition looks the part no matter what it’s doing or… Continue reading @Ford: The Ford Expedition: Designed for Every Family Adventure, with more capability, smart technology and exceptional luxury for all
Sluggish sales: VW dealers advise customers against electric cars
The ID.3 is sold worse than expected by VW dealers. The reason is their effort in consulting and the low margin. (Volkswagen ID., Electric car) Go to source
SLM Solutions 3D prints Porsche E-Drive housing on NXG X11 600
German 3D printer manufacturer SLM Solutions has printed a proof of concept E-drive housing for Porsche on its recently released NXG X11 600 3D printing system. Made up of an integrated two-stage transition and a motor, the 3D printed housing is designed for use on the front axle of a sports car. “This new manufacturing… Continue reading SLM Solutions 3D prints Porsche E-Drive housing on NXG X11 600
@VW Group: Rapid recovery of automobile markets leads to semiconductor bottleneck: Volkswagen Group has to adjust production
The massive semiconductor supply bottleneck is causing considerable disturbances for manufacturers throughout global vehicle production. As a result of the Covid-19 pandemic and the ensuing sales slump in the automotive industry, leading semiconductor manufac-turers had reassigned their production capacities to other customer sectors such as consum-er electronics. However, automobile markets have now recovered significantly and… Continue reading @VW Group: Rapid recovery of automobile markets leads to semiconductor bottleneck: Volkswagen Group has to adjust production
@VW Group: Audi Tradition and Auto Union GmbH under new management
After 21 years in the service of Audi history, Thomas Frank is ending his activities as the head of Audi Tradition and Managing Director of Auto Union GmbH and retiring at the end of 2020. Stefan Trauf will succeed him on January 1, 2021. Thomas Frank, born in 1957, has been working for AUDI AG since… Continue reading @VW Group: Audi Tradition and Auto Union GmbH under new management