Visitors check out a hydrogen fuel cell bus at the 2021 Shanghai auto show, held from April 19-28. [Photo by Long Wei/For China Daily] Hydrogen seen as legitimate clean power source to complement hybrids, full electrics Carmakers in China and abroad are stepping up efforts to build hydrogen fuel cell vehicles, which are thought could… Continue reading Automakers to up fuel cell vehicle production
Tag: Strategy
@VW Group: Meschke: “Don’t be taken in by populists”003137
20/05/2021 Are bosses in Germany too shy when it comes to their political standpoint? Lutz Meschke, Member of the Executive Board at Porsche, believes so. In an interview, he challenges managers to position themselves more courageously when it comes to climate change, the coronavirus or immigration. Lutz Meschke, the Deputy Chairman of the Executive Board… Continue reading @VW Group: Meschke: “Don’t be taken in by populists”003137
Stellantis Sochaux: semiconductor shortage shut down plant for four days
The 3,500 employees of the Stellantis plant in Sochaux learned this morning that production of the Peugeot 308, 3008 and 5008 was stopped until May 25 due to a problem with the supply of semiconductors. Consequence: delivery times have lengthened at dealerships. Since Friday afternoon, no car will leave the production lines of the Stellantis… Continue reading Stellantis Sochaux: semiconductor shortage shut down plant for four days
@VW Group: Audi pilots concept for quick charging003128
Audi is driving its transformation as a provider of sustainable premium mobility. The brand plans to ramp up its efforts by 2025 with a wide range of more than 20 fully electric models. The key to its success and the crux of this transformation is the availability of charging infrastructure. Audi is working on a… Continue reading @VW Group: Audi pilots concept for quick charging003128
@BMW: BMW Financial Services North America Announces CEO Appointment and Senior Management Changes001144
Woodcliff Lake, NJ – May 21, 2021… BMW Financial Services NA, LLC today announced key appointments to its executive leadership team. Stefan Richmann will become CEO for BMW Group Financial Services in the U.S. as well as the Americas region. Richmann succeeds Ian Smith who has chosen to pursue opportunities outside the company. Additionally, Stefan… Continue reading @BMW: BMW Financial Services North America Announces CEO Appointment and Senior Management Changes001144
@BMW: BMW of North America Announces New Senior Executive Appointments001143
Woodcliff Lake, NJ – May 21, 2021… BMW of North America today announced two new appointments within its executive management team. Sebastian Mackensen will become president & CEO for BMW of North America and head of BMW Group Region Americas. Mackensen succeeds Bernhard Kuhnt who, after four and a half successful years leading both the… Continue reading @BMW: BMW of North America Announces New Senior Executive Appointments001143
@BMW: BMW Startup Garage China opens Joint Innovation Base with Alibaba Cloud in Shanghai.001141
Shanghai/Munich. The Joint Innovation Base (officially named “Alibaba Cloud Innovation Center – BMW Startup Garage Joint Innovation Base”) started operations yesterday in the Shanghai Jinqiao Economic and Technological Development Zone. With this project, BMW and Alibaba will harness their respective strengths and resources in order to empower Chinese tech startups for scaling up their innovations.… Continue reading @BMW: BMW Startup Garage China opens Joint Innovation Base with Alibaba Cloud in Shanghai.001141
Fastned, Tesla to power up Oxford with EV charging superhub
By Reuters Staff 3 Min Read (Reuters) -Dutch charging infrastructure company Fastned has teamed up with Tesla to build electric vehicle (EV) charging stations in Oxford, England, it said on Friday, sending its shares higher. Slideshow ( 2 images ) The hub of 38 charging stations, will include 26 ultra-rapid chargers from Fastned and Tesla,… Continue reading Fastned, Tesla to power up Oxford with EV charging superhub
@BMW: Ad-hoc announcement: Partial release of the provision with respect to EU antitrust proceedings001140
Munich. Based on the progress of the proceedings, BMW AG expects, compared with the statement of objections of 5 April 2019, that the EU Commission will significantly reduce its allegations against BMW AG in terms of content and duration. The subject matter of the proceedings is whether German automobile manufacturers cooperated in technical working groups… Continue reading @BMW: Ad-hoc announcement: Partial release of the provision with respect to EU antitrust proceedings001140
Waymo Eyes Raising Up to $4 Billion as Leaders’ Exits Sow Doubts
(Bloomberg) — Waymo is talking to outside investors about raising as much as $4 billion in additional capital to fuel its self-driving efforts. And the company has discussed plans to eventually list publicly, spinning out from its parent Alphabet Inc., according to people familiar with the plans. But Waymo must first quell concerns about a… Continue reading Waymo Eyes Raising Up to $4 Billion as Leaders’ Exits Sow Doubts