VW’s Diess talks electrification and the value of Tesla – Automotive News Europe

Volkswagen Group’s future direction is clear to its CEO, Herbert Diess: The solution is electric mobility. With its program for full-electric cars in all the main market segments, VW aims to comply with increasingly tougher global CO2 emissions regulations and also make a contribution to a greener planet. Diess, 62, talked about this, changes in… Continue reading VW’s Diess talks electrification and the value of Tesla – Automotive News Europe

Tesla’s first full battery cell factory will produce up to 250 GWh — roughly the current world capacity

Tesla’s first full-scale battery cell factory, which is located at Tesla Gigafactory Berlin, will produce up to 250 GWh, according to new comments from Elon Musk. That’s roughly the current world battery cell production capacity. At its “Battery Day” earlier this year, Tesla unveiled its own battery cell, the Tesla 4680, and explained its plan to… Continue reading Tesla’s first full battery cell factory will produce up to 250 GWh — roughly the current world capacity

Ford CEO Farley tweets about GM ‘reversing course’ after it quits Trump alliance

Ford CEO Jim Farley praised crosstown rival General Motors early Tuesday for “reversing course” and no longer supporting the Trump administration in legal efforts to end California’s right to set its own clean air standards. “I applaud GM for reversing course on this critical issue. I’m also proud that Bill Ford and @Ford stood tall for environmental progress… Continue reading Ford CEO Farley tweets about GM ‘reversing course’ after it quits Trump alliance

@GM: GM Boosts Investment, Grows Electric Portfolio to Lead in EV Race

GM Boosts Investment, Grows Electric Portfolio to Lead in EV Race 2020-11-19 Thirty new global EV launches planned through 2025 More than $27 billion in planned EV and AV product spending to exceed GM’s gas and diesel investment By mid-decade, GM’s Ultium battery packs projected to cost 60 percent less than today’s packs with twice… Continue reading @GM: GM Boosts Investment, Grows Electric Portfolio to Lead in EV Race

GM gives ultimatum to Cadillac dealers who don’t want to sell electric cars

GM has said that its Cadillac brand could go all-electric by the end of the decade, and it is facing some pushbacks from its dealerships. The automaker has now given them a generous ultimatum. With the announcement of the acceleration of its electrification plans last week, GM said that Cadillac could become an all-electric brand… Continue reading GM gives ultimatum to Cadillac dealers who don’t want to sell electric cars

Drive home Brexit deal for Christmas or risk £55bn manufacturing hit, warns UK auto sector

UK Automotive warns of Brexit tariff damage as new figures reveal ‘no deal’ would cut vehicle production by two million over next five years. WTO tariffs would strike £55.4bn blow to UK sector by 2025 with annual production falling below one million units consistently. Brexit deal must work for automotive to sustain competitiveness, help drive… Continue reading Drive home Brexit deal for Christmas or risk £55bn manufacturing hit, warns UK auto sector

Tesla mulls expanding in Europe with compact vehicles: CEO

By Reuters Staff 2 Min Read Slideshow ( 3 images ) PARIS (Reuters) – U.S. electric vehicle maker Tesla is looking at expanding in Europe by entering the mass-market segment with a compact car, Chief Executive Elon Musk said on Tuesday. “Possibly in Europe it would make sense to do, I guess, a compact car,… Continue reading Tesla mulls expanding in Europe with compact vehicles: CEO

Why EV startup Bollinger Motors is focusing on the high-end consumer – Report Door

Bollinger Motors Founder & CEO Robert Bollinger sat down with me to break down the company’s upcoming electric vehicles, the EV space, and whether a SPAC IPO is in the cards. The following is a transcript of the interview: PRAS SUBRAMANIAN: Robert, you guys are ramping up here to get that B1 and B2 out… Continue reading Why EV startup Bollinger Motors is focusing on the high-end consumer – Report Door

@VW Group: Bugatti Baby II arrives in North America

Just in time for the holidays, the limited-series Bugatti Baby II has arrived in Southern California. This marks the vehicle’s first appearance in North America since Bugatti announced plans to reimagine the original 1926 Baby at the 2019 Geneva International Motor Show. Since its launch, the car has gathered international attention due to its exquisite… Continue reading @VW Group: Bugatti Baby II arrives in North America