The Land Rover-rival being built by the billionaire Sir Jim Ratcliffe may be delayed by up to six months amid difficulties caused by the coronavirus pandemic. Ineos, the chemicals company founded by Ratcliffe, had planned to deliver the first of the new Grenadier vehicles in early 2022, but is now considering a new launch date… Continue reading Ineos founder’s Land Rover rival faces launch delay due to Covid lockdowns
Tag: VW
QuantumScape’s share sale to fund solid-state battery production roils its market value
QuantumScape has issued a share offering to pay for an expanded pilot production line for its solid-state batteries just months after it became a publicly traded company via a reverse merger. QuantumScape said in a regulatory filing that the net proceeds from its sale of 13 million shares, — along with an additional 1.95 million… Continue reading QuantumScape’s share sale to fund solid-state battery production roils its market value
Alcoa steps up battle to cut emissions in deal with Audi
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Northvolt Visits South Korean Companies to Discuss about Supply of South Korean Battery Materials, Parts, and Equipment
It has been confirmed that Northvolt, a key electric vehicle (EV) battery partner of the Volkswagen Group, recently contacted South Korean battery materials, parts, and equipment manufacturers with the utmost secrecy. The company’s battery development team inspected performance of high-nickel cathode materials and equipment for its prismatic batteries which will be used for Volkswagen’s EVs.… Continue reading Northvolt Visits South Korean Companies to Discuss about Supply of South Korean Battery Materials, Parts, and Equipment
GM says no reason to cut Brazil auto production as rivals curb output due to pandemic
By Marcelo Rochabrun 2 Min Read SAO PAULO (Reuters) – General Motors Co on Monday said it saw no reason to cut auto production in Brazil due to the worsening pandemic, striking a different tone to two other vehicle manufacturers who have curbed production, citing health concerns. Slideshow ( 2 images ) On Friday, Volkswagen… Continue reading GM says no reason to cut Brazil auto production as rivals curb output due to pandemic
@VW Group: Automobili Lamborghini: Strong profitability and second-best year ever for turnover and sales002685
2020: record operating margin The second-best year ever for turnover and sales Order bank already covers nine months of 2021 production Positive outlook for growth in 2021, with China expected to ascend to second place for global sales Focus on the commercial launch of the Huracán STO and two further new products Sant’Agata Bolognese, March… Continue reading @VW Group: Automobili Lamborghini: Strong profitability and second-best year ever for turnover and sales002685
@VW Group: 30 years of ŠKODA AUTO in the Volkswagen Group: A European economic success story002685
Thomas Schäfer, Chairman of the Board of Management of ŠKODA AUTO, emphasises: “The integration of ŠKODA AUTO into the Volkswagen Group is a great example of a successful transformation in the Czech Republic and the European Union as a whole. With determination, foresight and courage, the people involved at that time set the right course… Continue reading @VW Group: 30 years of ŠKODA AUTO in the Volkswagen Group: A European economic success story002685
@VW Group: Economic success and sustainability belong together002684
03/22/2021 Porsche Consulting GmbH is expanding its consulting services for sustainability issues and strengthening its own efforts in the field. “Sustainability is becoming a decisive factor for the competitiveness of companies around the world and across all industries,” says Eberhard Weiblen, Chairman of the Executive Board of Porsche Consulting. “Economic success and the transition to… Continue reading @VW Group: Economic success and sustainability belong together002684
India to launch supercharged push for global electric vehicle players
To benefit from the scheme automakers must meet conditions including minimum global revenue of $1.4 billion. For auto parts makers it is $69 million. The companies must grow by at least 8% each year to qualify for the incentives, which are also linked to the distance between the factory and point of sale. By Aditi… Continue reading India to launch supercharged push for global electric vehicle players
VW’s SEAT wants to build battery assembly plant in Barcelona area
By Joan Faus 3 Min Read BARCELONA (Reuters) – Volkswagen’s Spanish automaker SEAT wants to locate a battery assembly plant near its Barcelona factory to support electric car production there from 2025, providing it gets financial and other support from Spanish and EU authorities, its chairman said on Monday. Slideshow ( 5 images ) Wayne… Continue reading VW’s SEAT wants to build battery assembly plant in Barcelona area