German Manager Magazin: Volkswagen: Despite the electric car boom, VW managers will have to drive combustion engines by the end of 2022

at Volkswagen will the Electric cars scarce – and therefore no longer available for their own managers. Electric cars and hybrid models as company cars would “probably not be available to order until the end of 2022,” the automaker told its 18,000 executives by email this week, according to information from manager magazin. The delivery… Continue reading German Manager Magazin: Volkswagen: Despite the electric car boom, VW managers will have to drive combustion engines by the end of 2022

LG Energy Solution-Samsung SDI partners with Stellantis for Battery Supply…A competition for Electric Vehicle Battery Supply in North America

<Stellantis Logo> As LG Energy Solution and Samsung SDI set up a battery joint venture with the world’s fourth-largest automotive manufacturing corporation Stellantis and target the North American market, their future actions are drawing attention. Stellantis announced a 260GWh battery investment plan by 2030 and joined hands with both companies to secure part of their… Continue reading LG Energy Solution-Samsung SDI partners with Stellantis for Battery Supply…A competition for Electric Vehicle Battery Supply in North America

Cooled by the markets, Volvo lowers its claims before its IPO

Posted on Oct 25, 2021, 11:44 AM The path to the Stock Exchange is definitely never without problems for Volvo Cars. Three years after having to give up its listing due to Sino-American trade tensions and the slowdown in the automobile market, the Swedish manufacturer must this time revise its ambitions downwards. He no longer… Continue reading Cooled by the markets, Volvo lowers its claims before its IPO

Elon Musk says ‘issues’ have forced Tesla to pull its latest full self-driving beta

Tesla’s latest Full Self-Driving (FSD) beta software 10.3 has been pulled shortly after it was released, with CEO Elon Musk citing “some issues” in a tweet, TechCrunch has reported. Musk said one such issue is “regression” with left turns, while testers have posted about phantom forward collision warnings, autosteer bugs and more. The FSD has… Continue reading Elon Musk says ‘issues’ have forced Tesla to pull its latest full self-driving beta

Evergrande, EV unit shares set to jump after chairman signals business shift

Evergrande chairman Hui Ka Yan said late on Friday that the company would aim to make its new electric vehicle venture its primary business instead of property within 10 years. Shares in China Evergrande Group are set to open up more than 4% on Monday after the embattled property developer announced it planned to give… Continue reading Evergrande, EV unit shares set to jump after chairman signals business shift

German Handelsblatt: Interview with Martin Daum: Daimler Truck boss: “Our customers said: If you deliver the buses to us, we will go bankrupt” 003139

The top manager’s biggest problem child, however, is the bus business, which is still suffering severely from the consequences of the corona crisis. “In April 2020 we didn’t get any more orders in one fell swoop,” says Daum. In many cases, his company was also unable to complete existing orders at the time. “Many customers… Continue reading German Handelsblatt: Interview with Martin Daum: Daimler Truck boss: “Our customers said: If you deliver the buses to us, we will go bankrupt” 003139

The electric car pushes Euro Group: “Orders for years, 2.5 billion”

Continuous cycle six days a week Electric steel components made incessantly and in a continuous cycle, 24 hours a day from Monday to Saturday, dedicating the second part of Sunday to maintenance, because we work in the morning too. Situation of near saturation that pushes the group to constantly increase its production capacity by investing… Continue reading The electric car pushes Euro Group: “Orders for years, 2.5 billion”

German Manager Magazin: Sono Motors: Munich-based solar car company applies for US IPO 001224

The Munich-based solar car developer Sono Motors has his initial public offering in the United States requested. The start-up is aiming to list its common shares on the US technology exchange Nasdaq under the symbol “SEV”, it said over the weekend on his website with. The number of shares offered and the price range for… Continue reading German Manager Magazin: Sono Motors: Munich-based solar car company applies for US IPO 001224

@Hyundai: The highly anticipated Kia EV6 set to make its Canadian debut

Kia Canada releases a portion of the first-production units for a special early reservation opportunity, all vehicles reserved in 25 minutes EV6 set to arrive in Canada early 2022 Estimated up to 480 kms of driving range on select models and available heat pump system for Canada Ultra-fast charging on 800V DC charger can supply… Continue reading @Hyundai: The highly anticipated Kia EV6 set to make its Canadian debut

Schaeffler invests in artificial intelligence

2021-10-22 | Herzogenaurach Schaeffler joins with eleven other partners to establish KI Park e.V. in Berlin The purpose of KI Park is to foster real-life applications in the field of artificial intelligence Greater use of artificial intelligence forms an integral part of Schaeffler’s digitalization strategy Schaeffler has joined with eleven other partners to establish KI… Continue reading Schaeffler invests in artificial intelligence