Almost 178,700 new cars were registered in Germany in October, 34.9 percent fewer than in the same month last year, the KBA federal transport authority said in a statement. German car sales fell sharply in October for the fourth month in a row, data published Wednesday showed, as the global shortage in semiconductors continued to… Continue reading Chip shortage throttles German car sales in October
Tag: Electric vehicles
Subsidy limit for first 1,000 e-cars reached, says Gahlot
New Delhi: Transport minister Kailash Gahlot on Wednesday said since the launch of Delhi government’s Electric Vehicle (EV) policy in August last year, the first 1,000 electric cars registered in Delhi had been provided subsidy and more than Rs10 crore disbursed to 700 e-cars already. The share of electric cars in annual car sales was… Continue reading Subsidy limit for first 1,000 e-cars reached, says Gahlot
VW’s plan to close gap with Tesla hit by union pledge to protect jobs
Carmarker’s chief says there will be fewer jobs in future as group transitions to electric Go to Source
Volkswagen CEO faces German workers as Tesla tensions flare again
By Christoph Steitz, Jan Schwartz 2 Min Read FILE PHOTO: Volkswagen Group Chief Executive Officer Herbert Diess gestures as he speaks during a news conference to announce the appointment of Wayne Griffiths as the new president of Volkswagen’s Spanish brand SEAT, in Barcelona, Spain September 23, 2020. REUTERS/Albert Gea FRANKFURT/HAMBURG (Reuters) – Volkswagen CEO Herbert… Continue reading Volkswagen CEO faces German workers as Tesla tensions flare again
Volkswagen CEO speaks to workers to try to ease conflict
By Reuters Staff 2 Min Read FILE PHOTO: Volkswagen Group Chief Executive Officer Herbert Diess gestures as he speaks during a news conference to announce the appointment of Wayne Griffiths as the new president of Volkswagen’s Spanish brand SEAT, in Barcelona, Spain September 23, 2020. REUTERS/Albert Gea FRANKFURT (Reuters) -Volkswagen CEO Herbert Diess sought to… Continue reading Volkswagen CEO speaks to workers to try to ease conflict
Technology · 9:41 AM UTCS.Korea’s SK On to invest $2.5 bln to build new EV battery factory in China -govt mediaThe battery unit of South Korea’s SK In…
The logo of SK Innovation is seen in front of its headquarters in Seoul, South Korea, February 3, 2017. REUTERS/Kim Hong-Ji SEOUL, Nov 4 (Reuters) – The battery unit of South Korea’s SK Innovation Co Ltd (096770.KS) plans to invest $2.53 billion to build a new electric vehicle (EV) battery factory in China, China’s local… Continue reading Technology · 9:41 AM UTCS.Korea’s SK On to invest $2.5 bln to build new EV battery factory in China -govt mediaThe battery unit of South Korea’s SK In…
@niche: Lightyear enters into a partnership with NXP Semiconductors to support development of its first mass market solar vehiclesThis partnership provides th…001375
Helmond, the Netherlands, November 4, 2021 — Lightyear and NXP announced they entered into a partnership, which provides the high-tech company developing the world’s first solar electric vehicle with NXP technology for the coming years. Their mutual goals under this agreement are to get the first solar cars on the road and to accelerate the… Continue reading @niche: Lightyear enters into a partnership with NXP Semiconductors to support development of its first mass market solar vehiclesThis partnership provides th…001375
@niche: Press Lordstown Motors Appoints Adam B. Kroll as Chief Financial Officer001377
LORDSTOWN, Ohio, Oct. 13, 2021 (GLOBE NEWSWIRE) — Lordstown Motors Corp. (“Lordstown Motors” or “LMC”) (Nasdaq: RIDE) announced today that its Board of Directors has elected Adam B. Kroll as Executive Vice President and Chief Financial Officer, effective October 25th, 2021. Mr. Kroll will replace Rebecca Roof, Interim Chief Financial Officer who will remain with… Continue reading @niche: Press Lordstown Motors Appoints Adam B. Kroll as Chief Financial Officer001377
EV Technology Group announces strategic investment in MOKE International Limited
Other investors include the filmmaker Matthew Vaughn and the people behind brands including Vilebrequin and Fiat Chrysler ZUG, Switzerland, Nov. 4, 2021 /PRNewswire/ — EV Technology Group Inc. (“EVT”) has announced that it has made a strategic lead investment in MOKE International Limited (“MIL”), the official producer of MOKE vehicles since 2015 when it acquired… Continue reading EV Technology Group announces strategic investment in MOKE International Limited
Parsing Hertz’s Big EV Bet
Given the ease to consumers of using an Uber, car rental companies were forced to up their game. Hertz’s deal with Tesla helps its need to restock fleet post pandemic, and garnered much positive press. Photo by Charlie Deets on Unsplash The rental car and electric vehicle worlds have been abuzz with the announcement of a “deal” between Hertz… Continue reading Parsing Hertz’s Big EV Bet