Northvolt completes equity capital raise to enable Europe’s first homegrown gigafactories for lithium-ion batteries

Volkswagen Group and Goldman Sachs Merchant Banking Division lead a $1 billion equity capital raise in Northvolt alongside BMW Group, AMF, Folksam Group and IMAS Foundation. With the European Investment Bank and additional lenders set to provide debt financing as a part of the total funding, the establishment of the initial 16 GWh of lithium-ion… Continue reading Northvolt completes equity capital raise to enable Europe’s first homegrown gigafactories for lithium-ion batteries

Mulliner expansion continues with horse-themed Bentley Continental GT

Bentley has revealed the first model in its Mulliner Collections line-up as the Crewe company seeks to grow its Mulliner coachbuilding arm. The Continental GT Convertible Equestrian Edition is a horse racing-themed special edition, commissioned by dealership Bentley Bristol. It was inspired by “the most exhilarating and prestigious event of the horse racing calendar,” the Cheltenham Festival,… Continue reading Mulliner expansion continues with horse-themed Bentley Continental GT

@VW Group: UFC Champion Israel Adesanya using Porsche Passport in lead-up to title defense

03/06/2020 Subscription service gives the car enthusiast his choice of Porsche models during Las Vegas stay. How does one of the biggest stars of mixed martial arts prepare to defend his title? For Israel Adesanya, a week behind the wheel of a variety of Porsche sports cars is part of the plan. In the lead-up… Continue reading @VW Group: UFC Champion Israel Adesanya using Porsche Passport in lead-up to title defense

@VW Group: Generational change: Start of production of the new Audi A3 Sportback in Ingolstadt

The Audi A3 is a successful model: Today, Plant Manager Achim Heinfling unveiled the new, eagerly awaited fourth A3 generation in front of employees in the Audi Forum in Ingolstadt on the occasion of the world premiere of the new premium compact. Since its market launch in 1996, Audi has delivered more than five million… Continue reading @VW Group: Generational change: Start of production of the new Audi A3 Sportback in Ingolstadt

Volkswagen ID 4, here is the compact electric SUV with 500 km of autonomy

BEV Volkswagen presents the new ID.4, a zero emission SUV with compact dimensions built on the modular Meb platform by Simonluca Pini March 6, 2020 2 ‘of reading Volkswagen ID.4 was to be presented at the Geneva Motor Show 2020, canceled due to the Coronavirus. This is the second model made on the electric modular… Continue reading Volkswagen ID 4, here is the compact electric SUV with 500 km of autonomy

Porsche opens 7 MW rapid charging park in Germany

Porsche Leipzig is expanding the charging infrastructure for EVs in central Germany with its new Porsche Turbo Charging park. Porsche claims that the 7 MW facility, which is supplied entirely by renewable energy sources, is Europe’s most powerful rapid charging park.  The facility includes four 22 kW AC charging points, twelve publicly-available CCS2 350 kW… Continue reading Porsche opens 7 MW rapid charging park in Germany

SEAT working with Eyesight Technologies, Gauzy to improve road safety

Taking forward AI to combat driver fatigue and improve road safety, SEAT’s Xplora team, in collaboration with Eyesight Technologies, is developing advanced technology that studies a driver’s eyes and head movement to detect if they’re falling asleep or distracted. SEAT is also working alongside Gauzy, which is developing an active glazing technology that adapts to the… Continue reading SEAT working with Eyesight Technologies, Gauzy to improve road safety

Press release 07 / 2020- vehicle registrations in February 2020

Date 04/03/2020 Flensburg, March 4, 2020. In February, 239,943 Passenger cars (Passenger car) newly registered, -10.8 percent less than in the same month last year. Both commercial (66.8% / – 7.8%) and private New registrations (33.1% / – 16.1%) declined. With the exception of Porsche (+19.1%), the declining number of registrations in February extended to… Continue reading Press release 07 / 2020- vehicle registrations in February 2020

@VW Group: Volkswagen presents Green Finance Framework

With the Green Finance Framework (GFF), the Volkswagen Group today presented further guidelines for sustainable financial instruments. In future, it will therefore be possible for investors to invest in a targeted fashion in sustainability projects of the Volkswagen Group such as e-mobility. A new corporate body, the Green Finance Committee, will select appropriate projects and… Continue reading @VW Group: Volkswagen presents Green Finance Framework

@VW Group: ŠKODA SUPERB SCOUT: a multifunctional lifestyle estate for any terrain

Since mid-2019, ŠKODA has been offering the third generation of its flagship as a rugged SCOUT version – the first SUPERB to be given this treatment. The manufacturer thus continues its tradition of offering SCOUT models, such as the OCTAVIA SCOUT, KODIAQ SCOUT and KAROQ SCOUT. The SUPERB SCOUT, available exclusively as an estate, focuses… Continue reading @VW Group: ŠKODA SUPERB SCOUT: a multifunctional lifestyle estate for any terrain