@VW Group: Volkswagen Group’s Q3 result down year-on-year due to semiconductor bottlenecks – profitability target for 2021 confirmed004097

The global semiconductor bottlenecks particularly impacted on the business performance of the Volkswagen Group in the third quarter. Operating profit before special items came to EUR 2.8 (3.2) billion in the period from July to September, a drop compared with the first two quarters of this year and the pandemic-related weak prior-year period. The operating… Continue reading @VW Group: Volkswagen Group’s Q3 result down year-on-year due to semiconductor bottlenecks – profitability target for 2021 confirmed004097

@Daimler: Daimler aligns Board responsibilities after Trucks split: Jörg Burzer to join Board of Management

Daimler AG to enable leaner decision-making by aligning Management Board responsibilities with Mercedes-Benz AG Jörg Burzer, Member of the Board of Management of Mercedes-Benz AG for Production and Supply Chain Management, to also join Board of Management of Daimler AG Bernd Pischetsrieder: “Jörg Burzer has played a decisive role in transforming our global production network… Continue reading @Daimler: Daimler aligns Board responsibilities after Trucks split: Jörg Burzer to join Board of Management

Mercedes bets entry-level EV buyers will accept shorter range

Mercedes-Benz will shift to cheaper but less powerful batteries to contain soaring prices for some metals in its range of entry-level models.  The world’s biggest luxury-car maker will use lithium-iron-phosphate batteries for its next generation of models like the EQA and EQB from 2024 and 2025, Chief Executive Officer Ola Kallenius said in an interview… Continue reading Mercedes bets entry-level EV buyers will accept shorter range

Preparing for an autonomous future: Are dealers ready

The automotive sector is embarking on one of the biggest developments in its history as the internal combustion engine is phased out in favour of alternative drive trains. But the rollout of EVs is just the start of a period of change that will also see autonomous vehicles becoming more commonplace. The complexity of these… Continue reading Preparing for an autonomous future: Are dealers ready

@VW Group: Audi is establishing a high-voltage battery development at the Neckarsulm site (Key statements)004089

Audi is expanding its development of high-voltage batteries and banking on the Neckarsulm location for that. With that strategic decision, technical development will be intensified for the future and Neckarsulm will become a center of competency for a key electromobility technology. Additionally, a battery center for testing high-voltage storage technologies will go into operation by… Continue reading @VW Group: Audi is establishing a high-voltage battery development at the Neckarsulm site (Key statements)004089

Uber Announces It Will Roll Out 50,000 Teslas to Its Drivers

“We look forward to seeing more EVs on the road right away.” Uber x Tesla Rental car company Hertz announced on Monday that it was ordering 100,000 Tesla Model 3s, a colossal commission that sent shares of the Elon Musk-led company soaring. And ride-hailing giant Uber is getting in on the fun. In turn, the… Continue reading Uber Announces It Will Roll Out 50,000 Teslas to Its Drivers

XPENG Flagship P7 Smart Electric Sedan Debuts in Norway

Retail prices start from NOK 447.820,- for the P7 RWD version, and NOK 507.820,- for the 4WD version. P7 Wing edition, a broadly recognized model for its unique scissor-wing door design, is available in limited stock. Customers in Norway can order an exclusive P7 Wing (4WD) starting at NOK 599,900. Unrivaled performance with features tailored… Continue reading XPENG Flagship P7 Smart Electric Sedan Debuts in Norway

Daimler aligns Board responsibilities after Trucks split: Jörg Burzer to join Board of Management

STUTTGART, Germany, Oct. 27, 2021 /PRNewswire/ —  Daimler AG to enable leaner decision-making by aligning Management Board responsibilities with Mercedes-Benz AG Jörg Burzer, Member of the Board of Management of Mercedes-Benz AG for Production and Supply Chain Management, to also join Board of Management of Daimler AG Bernd Pischetsrieder: “Jörg Burzer has played a decisive… Continue reading Daimler aligns Board responsibilities after Trucks split: Jörg Burzer to join Board of Management

Uber aims for 50,000 Teslas on its platform by 2023

Uber is acquiring 50,000 Tesla vehicles to rent to its drivers as part of an ambitious plan to electrify its fleet in the US by 2030. The ride-hailing company is working with rental car company Hertz, which announced yesterday that it had ordered 100,000 Teslas. The move comes as car companies and transportation providers around… Continue reading Uber aims for 50,000 Teslas on its platform by 2023

Lyft Releases Safety Report

Over 99% of Lyft rides had no reported safety incidents, the study reports.  Photo via www.quotecatalog.com/Flicker Between 2017 and 2019, Lyft received reports of over 4,000 instances of sexual assault on its ride-hailing platform, according to data in the company’s safety report. The incidents were reported directly to Lyft, brought to attention through law enforcement, or identified… Continue reading Lyft Releases Safety Report