Investors are reassessing the premise that justified Tesla’s astronomical stock price and made its founder, Elon Musk, the richest person in the world. Tesla’s $1 trillion valuation made sense only if investors believed the electric car company was on a path to dominate the auto industry the way Apple rules smartphones or Amazon commands online… Continue reading Tesla’s Aura Dims as Its Plunging Stock Highlights the Risks It Faces
Tag: Mobility
BMW taps Valeo for driving assistance systems in its next-gen EVs
BMW Group has tapped Valeo to provide the advanced driver assistance system for the automaker’s new electric vehicle platform due to launch in 2025. The deal, a significant win for Valeo, also holds importance for BMW. The automaker is aiming to capture a 50% market share of global EV sales by the end of the… Continue reading BMW taps Valeo for driving assistance systems in its next-gen EVs
15,000 Tesla vehicles are already in the hands of Uber drivers through Hertz deal
Uber announced that 15,000 Tesla vehicles are already in the hands of its drivers in more than 30 US cities through its deal with Hertz to expand access to electric vehicles. Last year, Hertz announced an important effort to electrify its fleet of rental cars, led by a massive purchase of 100,000 Tesla Model 3 vehicles… Continue reading 15,000 Tesla vehicles are already in the hands of Uber drivers through Hertz deal
Europa Wire: Volkswagen and Siemens invest $450 million in Electrify America, North America’s largest public ultra-fast charging network for EVs000335
01. ID.4 – power consumption in kWh/100 km (NEDC): combined 14.8; CO2 emissions in g/km: 0; efficiency class: A+++ Copyright: Volkswagen AG $450 million equity investment supports Electrify America’s expansion plansin U.S. and Canada Siemens is first external investor in Electrify America LLC and becomes new shareholder; in line with company’s commitment to accelerate the… Continue reading Europa Wire: Volkswagen and Siemens invest $450 million in Electrify America, North America’s largest public ultra-fast charging network for EVs000335
Europa Wire: Volkswagen et Siemens investissent 450 millions de dollars dans Electrify America, le plus grand réseau public de recharge ultra-rapide d’Amérique du Nord pour les véhicules électriques000334
01. ID.4 – power consumption in kWh/100 km (NEDC): combined 14.8; CO2 emissions in g/km: 0; efficiency class: A+++ Copyright: Volkswagen AG Un investissement en capital de 450 millions de dollars soutient les plans d’expansion d’Electrify America aux États-Unis et au Canada Siemens est le premier investisseur externe dans Electrify America LLC et devient un… Continue reading Europa Wire: Volkswagen et Siemens investissent 450 millions de dollars dans Electrify America, le plus grand réseau public de recharge ultra-rapide d’Amérique du Nord pour les véhicules électriques000334
Hyundai Motor Unveils Design of All-Electric IONIQ 6, Electrified Streamliner with Mindful Interior Design
Inspired by Hyundai’s Prophecy EV Concept, IONIQ 6 is characterized by clean, simple lines and a pure aerodynamic form that Hyundai designers describe as Emotional Efficiency. IONIQ 6’s electrified streamliner typology and mindful cocoon-like interior embody a silhouette for the new era of electric mobility, while the overall design theme of Ethical Uniqueness reflects Hyundai’s customer-centric commitment… Continue reading Hyundai Motor Unveils Design of All-Electric IONIQ 6, Electrified Streamliner with Mindful Interior Design
@VW Group: Volkswagen and Siemens invest in Electrify America’s ambitious growth plans005310
The Volkswagen Group and Siemens support the ambitious growth plans of Electrify America, LLC – the largest public ultra-fast charging network for electric vehicles from all vendors in North America. Volkswagen together with Siemens, the leading global technology company, is investing $450 million, valuing Electrify America at $2.45 billion. Through its financing arm Siemens Financial… Continue reading @VW Group: Volkswagen and Siemens invest in Electrify America’s ambitious growth plans005310
@VW Group: Public World Premiere of the GT4 ePerformance at the Festival of Speed005312
26/06/2022 At the world-famous Goodwood Festival of Speed the all-electric Porsche GT4 ePerformance has kicked off its world tour, which aims to highlight the potential of the vehicle concept and the associated racing formats. The new Porsche GT4 ePerformance has demonstrated its power publicly for the first time at the Festival of Speed in the… Continue reading @VW Group: Public World Premiere of the GT4 ePerformance at the Festival of Speed005312
German Manager Magazin: Siemens: Technology group joins VW’s US charging station network001881
The Wolfsburg carmaker Volkswagen has a co-investor for its network of fast electric charging stations in the United States found. The Munich technology group Siemens takes a low three-digit million amount in “Electrify America”, founded in 2017, and in return receives a minority stake in the VW subsidiary, as those involved announced on Tuesday. Overall,… Continue reading German Manager Magazin: Siemens: Technology group joins VW’s US charging station network001881
German Manager Magazin: Volkswagen boss Herbert Diess: “We’re making more money than ever”001880
Profits are bubbling up at Volkswagen. “We earn more than ever – despite the lack of semiconductors and stagnant supply chains,” said the CEO Herbert Diess (63) on Tuesday at a staff meeting in Wolfsburg. The bottleneck in electronic components that has persisted for many months is finally easing. “We are increasing our volumes, not… Continue reading German Manager Magazin: Volkswagen boss Herbert Diess: “We’re making more money than ever”001880