Northvolt, Volkswagen, Britishvolt, etc.Construction of the 40GWh-scale finished product plant from this monthKorean battery equipment maker pays attention to ‘Gold mine’Clear preference for tech A European battery maker will invest 4 trillion KRW in facilities. Korean battery equipment makers are expected to rush into the European market. European battery manufacturers such as Northvolt (Sweden), Volkswagen… Continue reading European battery makers invest 4 trillion KRW in facilities… Korean companies are called out
Tag: VW
Commodities · 6:33 AM UTCSaving the dinosaurs: Startups drive to electrify fossil-fuel carsYou can save your prized Aston Martin DB6, Porsche 911 or M…
SILVERSTONE, England, Dec 2 (Reuters) – You can save your prized Aston Martin DB6, Porsche 911 or Mustang from the museum of combustion engine history. Or your Fiat 500 and Renault Clio, for that matter. That’s the message from a growing cohort of European and American startups seeking to carve out roles in the auto… Continue reading Commodities · 6:33 AM UTCSaving the dinosaurs: Startups drive to electrify fossil-fuel carsYou can save your prized Aston Martin DB6, Porsche 911 or M…
Autos & TransportationGM boosts profit outlook as supply chain troubles easeDecember 1, 2021
The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. REUTERS/Rebecca Cook Register now for FREE unlimited access to reuters.com Register DETROIT, Dec 1 (Reuters) – General Motors Co (GM.N) expects full year adjusted pre-tax profits will reach about $14 billion, higher than the… Continue reading Autos & TransportationGM boosts profit outlook as supply chain troubles easeDecember 1, 2021
@VW Group: 004269
If you’re a part of the Volkswagen family of owners and enthusiasts, you probably know someone who’s so passionate about their Volkswagen vehicle that they’re always talking about it, always offering rides, and always keeping up with the latest in the world of VW. (Okay, maybe that person is you.) For the holidays this year,… Continue reading @VW Group: 004269
@VW Group: Bugatti Riyadh Becomes Marque’s Newest Middle Eastern Showroom004269
Ever since the introduction of the trailblazing Veyron in 2005, customers in Saudi Arabia have been drawn to Bugatti – seduced by its performance, luxury and exclusivity. The Kingdom has grown – as Bugatti has evolved – into one of the largest markets for the world’s most exclusive hyper sports cars. Today, in partnership with… Continue reading @VW Group: Bugatti Riyadh Becomes Marque’s Newest Middle Eastern Showroom004269
World NM: VW CEO Herbert Diess Shows Good Mood After Manager Meeting, Company Is Doing Well001661
Last week, Volkswagen’s top management had a meeting behind closed doors, and one of the topics that were discussed was keeping Herbert Diess as CEO despite clashes with union representatives. The company’s executives also talked about their five-year investment plan, along with the future of the Wolfsburg plan… (continue reading…) Go to Source
China’s Biggest Carmaker Eyes $157 Million for Mobility Division
(Bloomberg) — SAIC Motor Corp. is planning a fresh round of fundraising for its mobility service platform Xiangdao Chuxing, according to people familiar with the matter, as it seeks to stay competitive amid shifts in the automotive industry. Most Read from Bloomberg China’s biggest carmaker, which counts Volkswagen AG and General Motors Co. as partners,… Continue reading China’s Biggest Carmaker Eyes $157 Million for Mobility Division
Thomas Schafer: ‘India 2.5 is an initial idea but maybe it has a 3.0 and a 4.0’
On October 14, the Volkswagen Group gave Skoda Auto full charge for developing the Group’s existing MQB-A0 Global Platform. The move comes on the heels of Skoda’s specially adapted MQB-A0-IN platform for the Indian market. Skoda is drawing on its high level of development expertise, ability to coordinate complex Group projects and experience in entry-level… Continue reading Thomas Schafer: ‘India 2.5 is an initial idea but maybe it has a 3.0 and a 4.0’
Stellantis, Mercedes-Benz invest in solid-state battery developer Factorial Energy
Factorial Energy, a startup working on solid-state batteries for electric vehicles, has added two more major automakers to its investor sheet: Mercedes-Benz and Stellantis, both of which plan to co-develop batteries in separate joint collaboration agreements. Mercedes, a brand of Daimler AG, said it invested a “double-digit million dollar” amount in Factorial. Stellantis declined to… Continue reading Stellantis, Mercedes-Benz invest in solid-state battery developer Factorial Energy
Deals · 4:42 PM UTCVolkswagen CEO, under fire over strategy, positive over recent talksVolkswagen CEO Herbert Diess, currently under heavy fire from u…
Volkswagen CEO Herbert Diess looks on during his visit to Volkswagen’s electric car plant in Zwickau, Germany, June 23, 2021. REUTERS/Matthias Rietschel/File Photo Register now for FREE unlimited access to reuters.com Register Volkswagen CEO takes positive tone at manager meeting Supply chain easing and outlook on the up, Diess said Discussions underway to assemble ID.3… Continue reading Deals · 4:42 PM UTCVolkswagen CEO, under fire over strategy, positive over recent talksVolkswagen CEO Herbert Diess, currently under heavy fire from u…