HAMBURG (Reuters) -Volkswagen’s supervisory board executive committee will meet on Tuesday evening to discuss the future of Chief Executive Herbert Diess, but further talks will likely be needed before a final decision is reached, three sources said. Diess and union representatives have clashed in recent weeks over his management style and electrification strategy, after he… Continue reading VW committee unlikely to decide on CEO’s future on Tuesday – sources – FX Empire
Tag: Strategy
Tesla asks Full Self-Driving Beta drivers to accept being recorded in case of a crash or ‘safety risk’
Tesla is now asking owners getting into the Full Self-Driving Beta program to accept that Tesla can use footage from both inside and outside the car in case of a safety risk or accident. It’s the first time that Tesla will attach footage to specific individuals. For years now, Tesla has been using footage from… Continue reading Tesla asks Full Self-Driving Beta drivers to accept being recorded in case of a crash or ‘safety risk’
Einride founder Robert Falck on his moral obligation to electrify autonomous trucking
Robert Falck used to work at a Russian trucking factory by day, and by night, he built a nightclub guest list startup. He also collects old books, and once guessed that Chinese author Gao Xingjian would win the Nobel Prize in literature. He grew up on a farm, but has degrees in finance, economics and… Continue reading Einride founder Robert Falck on his moral obligation to electrify autonomous trucking
ABB orders AFC Energy fuel cell systems for high-power EV charging
ABB has placed an order with AFC Energy for its S Series hydrogen fuel cell system. The order is worth £4 million, and the system is scheduled for delivery in early 2023. ABB will use the first 200 kW S Series system, which can be fueled with either hydrogen or ammonia, for high-power EV charging,… Continue reading ABB orders AFC Energy fuel cell systems for high-power EV charging
Valeo Introduces Its Third Generation LiDAR
DETROIT, Nov. 23, 2021 /PRNewswire/ — Valeo, the global leader in advanced driving assistance systems (ADAS), has introduced its third generation scanning LiDAR system set for market debut in 2024. The new technology offers significantly enhanced performance, makes autonomous mobility a reality and provides previously unseen levels of road safety. Geoffrey Bouquot, Valeo’s senior vice president… Continue reading Valeo Introduces Its Third Generation LiDAR
With its new generation LiDAR, Valeo makes autonomous mobility a reality
PARIS, Nov. 23, 2021 /PRNewswire/ — Valeo, the global leader in driving assistance systems (ADAS), today presented its third generation scanning LiDAR, set to make its market debut in 2024. This new technology, which offers significantly enhanced performance, makes autonomous mobility a reality and provides previously unseen levels of road safety. Geoffrey Bouquot, Valeo’s Senior… Continue reading With its new generation LiDAR, Valeo makes autonomous mobility a reality
General Motors’ Third-Quarter Profit Hit Hard by Chip Shortage
Two big Detroit automakers said Wednesday that the worldwide shortage of computer chips had weighed on their third-quarter earnings, but there were signs that the worst of the disruption was behind them. Of the two, Ford Motor fared better. Its revenue fell about 5 percent from a year earlier, to $35.7 billion, while General Motors’… Continue reading General Motors’ Third-Quarter Profit Hit Hard by Chip Shortage
Ford drops plans for EV with Rivian, showing faith in its own tech
Ford Motor Co.’s decision to scrap plans to develop an electric vehicle with Rivian Automotive Inc. is a sign of the Dearborn automaker’s confidence and focus on the electrification race, experts say. Rivian made a splash last week on Wall Street with the biggest initial public offering of the year, surpassing the market capitalizations of traditional… Continue reading Ford drops plans for EV with Rivian, showing faith in its own tech
@BMW: Black Week 2021: Attractive offers from the BMW Group on digital products and services as well as selected vehicle functions.001605
Munich. The event that BMW customers have been waiting for: the Black Week campaign is back again this year, from 24 to 30 November. Over this period, 18 markets in the BMW Group will be offering discounts on digital services as well as selected vehicle functions. Black Week has been a resounding success since it… Continue reading @BMW: Black Week 2021: Attractive offers from the BMW Group on digital products and services as well as selected vehicle functions.001605
Autos & Transportation · 1:12 PM UTCVolkswagen board executive committee to discuss CEO Diess’ future on Tuesday – sourcesVolkswagen’s supervisory boa…
Volkswagen CEO Herbert Diess at Volkswagen’s electric car plant in Zwickau, Germany, June 23, 2021. REUTERS/Matthias Rietschel/File Photo BERLIN, Nov 22 (Reuters) – Volkswagen’s (VOWG_p.DE) supervisory board executive committee will meet on Tuesday to discuss the future of CEO Herbert Diess, sources said, confirming a report in Germany’s Frankfurter Allgemeine Zeitung (FAZ) earlier on Monday.… Continue reading Autos & Transportation · 1:12 PM UTCVolkswagen board executive committee to discuss CEO Diess’ future on Tuesday – sourcesVolkswagen’s supervisory boa…