VW’s Electrify America will use Tesla battery packs to lower charging costs

Electrify America, the entity set up by Volkswagen as part of its settlement with U.S. regulators over its diesel emissions cheating scandal, plans to install Tesla Powerpack battery systems at more than 100 of its electric vehicle charging stations this year. Electrify America aims to use the Tesla Powerpacks to offset the cost of charging for… Continue reading VW’s Electrify America will use Tesla battery packs to lower charging costs

Marshall acquires two Škoda dealerships to extend brand reach

Marshall Motor Holdings plc has acquired Škoda Leicester and Nottingham. Having gone into effect on 1 February 2019, both dealerships will be rebranded as Marshall Škoda with immediate effect. Daksh Gupta, Marshall Motor Holdings plc chief executive said: “This acquisition is in line with our strategy of growth with existing brand partners in new geographic… Continue reading Marshall acquires two Škoda dealerships to extend brand reach

Germany edges out China in Bolivia in the new lithium ‘Great Game’ – The Japan Times

UYUNI, BOLIVIA/BERLIN – When Germany signed a deal last month to help Bolivia exploit its huge lithium reserves, it hailed the venture as a deepening of economic ties with the South American country. But it also gives Germany entry into the new “Great Game” in which big powers like China are jostling across the globe… Continue reading Germany edges out China in Bolivia in the new lithium ‘Great Game’ – The Japan Times

Electrify America To Add Tesla Powerpacks To 100 New Charging Stations

Electrify America & Tesla reach a deal for energy storage systems Electrify America today announced its plan to install Tesla Powerpack battery systems at more than 100 of their electric vehicle charging stations nationwide over the course of 2019. Electrify America News Some may ask why onsite energy storage is necessary for EV charging, and… Continue reading Electrify America To Add Tesla Powerpacks To 100 New Charging Stations

Uwe Hück steps up his social commitment

“Uwe Hück is a tough opponent – both in the boxing ring and at the negotiating table. He’s a bighearted man who doesn’t mince his words. Not only has he achieved a lot for the Porsche workforce and our company, but also his voice carries a great deal of weight in society and the world… Continue reading Uwe Hück steps up his social commitment

Volkswagen’s Electrify America buys Tesla devices for EV charging stations

DETROIT (Reuters) – Volkswagen AG unit Electrify America said on Monday it will install Tesla Inc battery storage packs at more than 100 charging stations across the United States to keep costs down for drivers charging electric vehicles. FILE PHOTO: Tesla PowerPack battery storage project is on display during its unveiling in Mira Loma, California,… Continue reading Volkswagen’s Electrify America buys Tesla devices for EV charging stations

UPDATE 2-Tesla to buy battery tech maker Maxwell Technologies for $218 mln

(Reuters) – Tesla Inc is buying Maxwell Technologies Inc for $218 million in an all-stock deal that will help the electric car maker beef up its battery technology at a time when it is ramping up production of its crucial Model 3 sedan. A Tesla car is seen in Santa Monica, California, United States, October… Continue reading UPDATE 2-Tesla to buy battery tech maker Maxwell Technologies for $218 mln

Marshall acquires Sandicliffe Skoda franchises in Nottingham and Leicester

Marshall Motor Group has acquired Sandicliffe Motor Group’s Skoda franchises in Nottingham and Leicester to its portfolio of UK dealership sites. The AM100’s seventh-placed retail group took its representation of the Czech brand to seven sites across the UK with the move, which was announced by chief executive, Daksh Gupta, via Twitter over the weekend.… Continue reading Marshall acquires Sandicliffe Skoda franchises in Nottingham and Leicester

Manfred Bräunl appointed as new CEO of Porsche in Middle East

The Porsche Newsroom is a service provided by the Porsche Communication for journalists, bloggers and the online community. The official website of Porsche AG can be reached at www.porsche.com © 2019 Dr. Ing. h.c. F. Porsche AG.*The data presented here was recorded using the Euro 5 test procedure (715/2007/EC, 692/2008/EC, 566/2011/EC and ECE-R 101) and the NEDC (New… Continue reading Manfred Bräunl appointed as new CEO of Porsche in Middle East