Ionic Materials Raises $65 Million For Revolutionary Polymer Electrolyte

Ionic Materials, a company backed by Bill Joy and the automotive Alliance of Nissan, Renault and Mitsubishi, raised $65 million in Series C funding round. Ionic Materials Investors are attracted by the promise of a revolutionary polymer electrolyte for solid-state batteries that offers high conductivity at room temperature. Using the new electrolyte would enable production of… Continue reading Ionic Materials Raises $65 Million For Revolutionary Polymer Electrolyte

New boss Diess with tailwind: Volkswagen should deliver 4.4 billion euros profit

All articles and backgrounds 04/23/2018 New boss Diess with tailwind Volkswagen should deliver 4.4 billion euros profit REUTERS Volkswagen: After the change of boss from Müller to Diess, investors remain optimistic with regard to profit and turnover Volkswagen announces its first quarter results on Thursday (26 April). Following the surprise takeover of the chief position… Continue reading New boss Diess with tailwind: Volkswagen should deliver 4.4 billion euros profit

Interview with Bernd Osterloh – boss has to “hit the floor” too: VW works council chief demands of Diess tighter leadership

All articles and backgrounds 04/19/2018 Interview with Bernd Osterloh – boss has to “hit the floor sometimes” VW works council chief demands from Diess tighter leadership REUTERS Bernd Osterloh: “I do not need anyone to put Herbert Diess on the chain” Volkswagen works council chief Bernd Osterloh expects the new boss Herbert Diess to streamline… Continue reading Interview with Bernd Osterloh – boss has to “hit the floor” too: VW works council chief demands of Diess tighter leadership

Bernd Osterloh in the interview – boss must “sometimes even on the table”: VW works council boss demands of Diess taut leadership

All articles and backgrounds 04/19/2018 Interview with Bernd Osterloh – boss has to “hit the floor sometimes” VW works council chief demands from Diess tighter leadership REUTERS Bernd Osterloh: “I do not need anyone to put Herbert Diess on the chain” Volkswagen works council chief Bernd Osterloh expects the new boss Herbert Diess to streamline… Continue reading Bernd Osterloh in the interview – boss must “sometimes even on the table”: VW works council boss demands of Diess taut leadership

This will be the new boss, the group introduces brand groups: Volkswagen decides the biggest change in history

All articles and backgrounds 04/12/2018 This is going to be a new boss, the Group is introducing brand groups Volkswagen is deciding on the biggest change in its history DPA Volkswagen headquarters Wolfsburg The Volkswagen Group is facing the biggest change in its history. At its meeting on Thursday, the Supervisory Board elected Herbert Diess… Continue reading This will be the new boss, the group introduces brand groups: Volkswagen decides the biggest change in history

Groupe PSA and Huawei Unveil Their First Connected Vehicle

RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG) has built its Connected Vehicle Modular Platform (CVMP) for its connected vehicles, using Huawei’s OceanConnect IoT1platform. DS 7 CROSSBACK, launched this month in China, is the first vehicle to benefit from the CVMP. Customers can access new services such as connected navigation, natural language2 voice recognition and a… Continue reading Groupe PSA and Huawei Unveil Their First Connected Vehicle

New boss Diess with tailwind: expected 4.4 billion profit of Volkswagen

All articles and backgrounds 04/23/2018 New boss Diess with tailwind expected 4.4 billion profit from Volkswagen REUTERS Volkswagen: After the change of boss from Müller to Diess, investors remain optimistic with regard to profit and turnover Volkswagen announces its first quarter results on Thursday (26 April). Following the surprise takeover of the chief position by… Continue reading New boss Diess with tailwind: expected 4.4 billion profit of Volkswagen

Dana Unveils Comprehensive Strategy for Electrification in Construction, Off-Highway Markets

PARIS, April 23, 2018 /PRNewswire/ — Dana Incorporated (NYSE: DAN) today revealed new technologies in support of the rapidly evolving development of hybrid- and electric-powered construction and other off-highway vehicles at Intermat, the international exhibition for the civil engineering and structural building industries. Consistent with its approach in other vehicle markets, Dana’s strategy enables original-equipment manufacturers… Continue reading Dana Unveils Comprehensive Strategy for Electrification in Construction, Off-Highway Markets

GM Korea reaches tentative wage deal, avoids bankruptcy

SEOUL (Reuters) – General Motors Co’s South Korean unit on Monday said it has reached a tentative wage deal with its labor union, meeting a key condition laid down by the U.S. automaker to prevent it filing for bankruptcy for the money-losing operation. Kaher Kazem (L), chief executive of GM Korea, and Barry Engle (2nd… Continue reading GM Korea reaches tentative wage deal, avoids bankruptcy

UPDATE 1-GM Korea reaches tentative wage deal, avoids bankruptcy

SEOUL (Reuters) – General Motors Co’s (GM.N) South Korean unit on Monday said it has reached a tentative wage deal with its labor union, meeting a key condition laid down by the U.S. automaker to prevent it filing for bankruptcy for the money-losing operation. Kaher Kazem (L), chief executive of GM Korea, and Barry Engle… Continue reading UPDATE 1-GM Korea reaches tentative wage deal, avoids bankruptcy