Volkswagen reaches $900 million deal with consumers over diesel scandal

FILE PHOTO: The logo of Volkswagen is pictured at the LA Auto Show in Los Angeles, California, U.S., November 20, 2019. REUTERS/Lucy Nicholson/File Photo HAMBURG, Germany (Reuters) – Volkswagen (VOWG_p.DE) and a major German consumer group said on Friday that they had reached an 830 million euro ($902.04 million) agreement in a class action lawsuit… Continue reading Volkswagen reaches $900 million deal with consumers over diesel scandal

2020 Geneva Motor Show cancelled

It’s official now. According to the latest update on the International Organization of Motor Vehicle Manufacturers’ website, this year’s Geneva Motor Show has been cancelled due to the continued spread of the Covid-19 coronavirus. Earlier this month, the Beijing Motor Show was officially postponed due to Coronavirus This is after several confirmed cases of Covid-19 in Geneva and… Continue reading 2020 Geneva Motor Show cancelled

Geneva Motor Show 2020: the cars we would have seen at cancelled show

The 2020 Geneva Motor Show was due to open its doors to the world’s press on Tuesday 3rd of March, but has now been cancelled by show organisers due to the developing outbreak of coronavirus in Europe.  Geneva is one of the most important events in the motoring calendar, acting as a stage for some of… Continue reading Geneva Motor Show 2020: the cars we would have seen at cancelled show

Skoda Octavia RS 245 priced at Rs 35.99 lakh, booking commences on March 1

NEW DELHI: Škoda Auto India on Thursday announced the booking and prices of Octavia RS 245. A limited two hundred units of the Octavia RS 245 will be sold exclusively through the website, which is priced at Rs 35.99 lakh (ex-showroom). The booking will commence for Octavia RS 245 on 01 March, through company’s website… Continue reading Skoda Octavia RS 245 priced at Rs 35.99 lakh, booking commences on March 1

@VW Group: 360° Wolfsburg – February 2020

The specified fuel consumption and emission data have been determined according to the measurement procedures prescribed by law. Since 1st September 2017, certain new vehicles are already being type-approved according to the Worldwide Harmonized Light Vehicles Test Procedure (WLTP), a more realistic test procedure for measuring fuel consumption and CO2 emissions. Starting on September 1st… Continue reading @VW Group: 360° Wolfsburg – February 2020

@VW Group: All-new OCTAVIA RS iV plug-in hybrid is the ŠKODA highlight at the Geneva Motor Show

Its black ŠKODA grille, dynamic front apron with black Air Curtains and a rear apron featuring Aero Flaps and a matching rear diffuser in sporty black instantly identify the all-new OCTAVIA RS iV as a member of the RS family. The black alloy wheel design reveals brake callipers finished in red; the saloon’s tailgate comes… Continue reading @VW Group: All-new OCTAVIA RS iV plug-in hybrid is the ŠKODA highlight at the Geneva Motor Show

@VW Group: BeRider e-scooter sharing service from ŠKODA AUTO DigiLab expands fleet for the coming season

Andre Wehner, Chief Digital Officer at ŠKODA AUTO, emphasised, “Digitalisation, connectivity and new mobility services are some of the key pillars of ŠKODA’s 2025 Strategy. Our ŠKODA AUTO DigiLab innovation centre is playing a key role in our journey from a car manufacturer to the ‘Simply Clever company for the best mobility solutions’. It is here… Continue reading @VW Group: BeRider e-scooter sharing service from ŠKODA AUTO DigiLab expands fleet for the coming season

China’s CATL revs up EV battery production following Tesla deal

GUANGZHOU — China’s biggest electric vehicle battery maker, CATL, will invest up to 26 billion yuan ($3.7 billion) to quadruple its production capacity for lithium-ion batteries used in cars and storage systems. Annual production capacity at a plant in Ningde, Fujian Province, where the company is headquartered, will be increased by 16 gigawatt-hours, the battery… Continue reading China’s CATL revs up EV battery production following Tesla deal

China’s CATL seeks to raise $2.85b for EV battery projects

 China’s top electric vehicle battery maker, said it aims to raise up to 20 billion yuan ($2.85 billion) in a private placement of shares to fund its battery projects and boost working capital. The fundraising will help CATL to expand its battery-making capacity in Fujian, Jiangsu and Sichuan, as well as an energy storage research project, the company said in a filing to the Shenzhen stock exchange late Wednesday. The company… Continue reading China’s CATL seeks to raise $2.85b for EV battery projects

China’s CATL aims to raise $2.85 bln for EV battery projects

A sign of Chinese battery maker Contemporary Amperex Technology Ltd (CATL) is seen on its building in Ningde, Fujian province, China August 8, 2018. Picture taken August 8, 2018. REUTERS/Stringer BEIJING (Reuters) – CATL (300750.SZ), China’s top electric vehicle battery maker, said it aims to raise up to 20 billion yuan ($2.85 billion) in a… Continue reading China’s CATL aims to raise $2.85 bln for EV battery projects