JOHANNESBURG/HOUSTON (Reuters) – The coronavirus pandemic has paused the electric vehicle revolution, forcing producers of battery metal lithium into survival mode with output cuts, expansion delays and sales of major assets. FILE PHOTO: A parking sign for electric vehicles is pictured, where U.S. electric vehicle pioneer Tesla announced to build its first European factory and… Continue reading Lithium producers must wait as pandemic slows electric vehicle revolution
Tag: VW
Daimler to invest in Chinese EV battery maker Farasis’ $480 million IPO: sources
BEIJING/HONG KONG (Reuters) – Daimler AG (DAIGn.DE) plans to invest in Farasis Energy’s planned $480 million IPO, aiming to ensure a stable supply of batteries from the Chinese firm as it ramps up electric vehicle production, three people familiar with the matter said. FILE PHOTO: Employees wearing face masks work at a plant of Daimler-BAIC… Continue reading Daimler to invest in Chinese EV battery maker Farasis’ $480 million IPO: sources
Volvo Limits Speed To 180 Km/h: Side Effect Is Positive For EVs
Volvo recently announced that all new models are now limited to a top speed of 180 km/h (112 mph) to reduce serious injuries and fatalities in accidents. Some might perceive it as a quite controversial move. Directly, it’s not related to electric cars, but it’s quite interesting and actually it might bring a significant positive… Continue reading Volvo Limits Speed To 180 Km/h: Side Effect Is Positive For EVs
@VW Group: ŠKODA AUTO Volkswagen India resumes production at both locations – INDIA 2.0 project still on track
Mr Gurpratap Boparai, Managing Director, ŠKODA AUTO Volkswagen India Private Limited, said, “The post-COVID-19 era will have challenges new and old; however, we need to look ahead with optimism once more. By resuming production, we will be in a better position to react to market demands and consumer needs. Over the past few weeks, we… Continue reading @VW Group: ŠKODA AUTO Volkswagen India resumes production at both locations – INDIA 2.0 project still on track
German court rules against Volkswagen in ‘dieselgate’ scandal
Volkswagen (VW) Carmaker must pay compensation to motorist who bought minivan fitted with emissions-cheating software Herbert Gilbert, one of tens of thousands of drivers to sue Volkswagen. The ruling sets a benchmark for about 60,000 other cases in Germany. Photograph: AFP/Getty Volkswagen has lost a landmark legal battle in Germany’s highest civil court over compensation… Continue reading German court rules against Volkswagen in ‘dieselgate’ scandal
German court rules Volkswagen car owners entitled to damages in emissions scandal
FILE PHOTO: A cartoon of a VW logo squashing the coronavirus is displayed on a building at Volkswagen’s headquarters to celebrate the plant’s re-opening during the spread of the coronavirus disease (COVID-19) in Wolfsburg, Germany April 25, 2020. REUTERS/Fabian Bimmer KARLSRUHE, Germany (Reuters) – A German federal court judge ruled on Monday that Volkswagen (VOWG_p.DE)… Continue reading German court rules Volkswagen car owners entitled to damages in emissions scandal
Breakdown production: Volkswagen ID.3 starts with slimmed down functionality
Software problems: The Volkswagen ID.3 will be available from summer 2020, but not with all the functions that were originally announced. (VW, technology) Go to source
Mercedes-Benz Doesn’t Consider Synthetic Fuels A Viable Alternative To EVs
After implying that those automakers whose first electric vehicle wasn’t a crossover had the wrong strategy, this time Mercedes-Benz R&D boss, Marcus Schäfer, says researching synthetic fuels is not worthwhile. He considers it not a credible alternative to either traditional fossil fuels or newer means of making power. Autocar quotes Schäfer as saying ‘ We… Continue reading Mercedes-Benz Doesn’t Consider Synthetic Fuels A Viable Alternative To EVs
France warns Renault could disappear; Nissan plans job cuts
PARIS/TOKYO (Reuters) – Europe’s car industry was put on alert for more job losses on Friday as a French minister warned Renault could disappear if it didn’t get help soon and a Japanese news report said partner Nissan was considering 20,000 layoffs, with many in Europe. FILE PHOTO: The logo of Renault carmaker is pictured… Continue reading France warns Renault could disappear; Nissan plans job cuts
VW pulls Instagram ads after racism row
German car giant Volkswagen has withdrawn a series of social media adverts and apologised after a racism row. A controversial advert showed a dark-skinned man being manoeuvred around by a pair of white women’s hands before being flicked away from a yellow VW Golf to a jaunty soundtrack. Volkswagen apologised, saying the advert was “wrong… Continue reading VW pulls Instagram ads after racism row