Auto industry CEOs discuss CO2 with Timmermans

Brussels, 24 March 2021 – Under the umbrella of the European Automobile Manufacturers’ Association (ACEA), the CEOs of Europe’s car makers met last week with the European Commission Vice-President for the European Green Deal, Frans Timmermans, for a constructive discussion on climate change and CO2 emissions. “EU policy makers and the auto industry share the… Continue reading Auto industry CEOs discuss CO2 with Timmermans

Rimac opens R&D centre in the UK – Autocar

Rimac has cut the ribbon on its first R&D office in the UK as it gears up for the launch of the production version of its C_Two electric hypercar. Based in Warwick Enterprise Park, Warwickshire, the office is planned to employ 30 people by the end of 2021. However, Rimac said it could “expand significantly… Continue reading Rimac opens R&D centre in the UK – Autocar

VW’s Skoda to invest 2.5 billion euros in new technologies over next five years

By Reuters Staff 2 Min Read FILE PHOTO: A logo is seen on a wheel of a Skoda Octavia car after a presentation of the company’s annual results in Mlada Boleslav March 20, 2013. REUTERS/David W Cerny PRAGUE (Reuters) – Czech carmaker Skoda Auto, part of the Volkswagen Group, said on Wednesday it would invest… Continue reading VW’s Skoda to invest 2.5 billion euros in new technologies over next five years

@niche: Unique flat EV chassis maker REE to open large facility in the UK000667

We’ve written about Israeli company REE Automotive and its remarkable super-flat modular EV chassis several times before. The company has a drastically disruptive offer for automakers; we’ll build you a skateboard electric vehicle chassis full of batteries, as well as your entire electric drivetrain, with more or less whatever characteristics you want in the motors,… Continue reading @niche: Unique flat EV chassis maker REE to open large facility in the UK000667

Europe’s carmakers keep faith in ‘just-in-time’ supply

Covid-19’s disruption to semiconductor supplies has been the latest in a line of setbacks for carmakers, following higher tariffs from the US-China trade war and pasts shortages after the Japanese earthquake in 2011. But despite the impact on European groups including Volkswagen and Daimler, many producers are reluctant to overhaul their “just-in-time” supply chains. In… Continue reading Europe’s carmakers keep faith in ‘just-in-time’ supply

Samsung SDI to Double the Number of Its Prismatic Battery Production Lines in Hungary

Samsung SDI plans to double the number of its prismatic battery production lines at its Hungary plant by the end of this year and also begin construction of a second electric vehicle (EV) battery plant in Hungary. Its ultimate strategy is to gain dominance in the European prismatic EV battery market by investing about $890… Continue reading Samsung SDI to Double the Number of Its Prismatic Battery Production Lines in Hungary

Self-driving truck startup TuSimple files to go public

TuSimple, the self-driving truck company that is backed by a diverse consortium of strategic investors, including Volkswagen AG’s heavy-truck business The Traton Group, Navistar, Goodyear, and freight company U.S. Xpress, filed Tuesday for an initial public offering. TuSimple is taking the traditional path to going public, a departure from the recent trend — particularly among… Continue reading Self-driving truck startup TuSimple files to go public

Audi starts production of the Q4 e-tron electric SUV

Audi announced today that it started production of its highly anticipated Q4 e-tron electric SUV at its Zwickau factory. The Audi Q4 e-tron was first unveiled as a concept at the Geneva Motor Show in 2019, but the German automaker quickly announced plans to bring the vehicle to production. It was first supposed to happen… Continue reading Audi starts production of the Q4 e-tron electric SUV

@VW Group: THE MOST DYNAMIC BENTLEY ROAD CAR IN HISTORY: THE NEW CONTINENTAL GT SPEED Mar 23, 2021 …002692

The Continental GT Speed is the most capable, performance-focused Bentley ever – with no compromise to comfort or luxury Highly advanced chassis – with four new technologies –  increases sporting ability yet maintains ride comfort All-wheel steering and electronic rear differential enhance vehicle agility and stability Newly-engineered carbon ceramic brakes for incredible stopping power Revised… Continue reading @VW Group: THE MOST DYNAMIC BENTLEY ROAD CAR IN HISTORY: THE NEW CONTINENTAL GT SPEED Mar 23, 2021 …002692

@VW Group: Porsche SE generates group result after tax of 2.6 billion euro002692

Stuttgart, 23 March 2021. Porsche Automobil Holding SE (Porsche SE), Stuttgart, generated a group result after tax of 2.6 billion euro in the fiscal year 2020. This 40.5 percent decrease compared to the prior year (4.4 billion euro) is mainly attributable to the effects of the Covid-19 pandemic. The group result of Porsche SE was significantly… Continue reading @VW Group: Porsche SE generates group result after tax of 2.6 billion euro002692