Volkswagen boss: Herbert Diess receives surprising backing from VW

Herbert Diess According to insiders, he barely escaped a layoff, but lost the position as head of the main VW brand, which he held alongside his duties as group leader. (Photo: dpa) Hamburg After the turbulence of the past few weeks and speculation about a possible replacement Volkswagen-Boss Herbert Diess received unusual backing from the… Continue reading Volkswagen boss: Herbert Diess receives surprising backing from VW

Automotive: King Volkswagen overwhelmed by the health crisis

Posted on Jul 30, 2020 at 11:30 a.m. “In five to ten years, the most expensive company on the stock market will be a mobility company – which could be called Tesla, Apple or Volkswagen,” said Herbert Diess, the big boss of the German giant a few days ago. automotive industry, on LinkedIn. To be… Continue reading Automotive: King Volkswagen overwhelmed by the health crisis

Exclusive: Panasonic aims to boost energy density in Tesla batteries by 20% – executive

TOKYO (Reuters) – Panasonic Corp (6752.T) plans to boost the energy density of “2170” battery cells it supplies to Tesla Inc (TSLA.O) by 20% in five years and commercialize a cobalt-free version “in two to three years”, the head of its U.S. EV battery business said. FILE PHOTO: A logo of Panasonic Corp is pictured… Continue reading Exclusive: Panasonic aims to boost energy density in Tesla batteries by 20% – executive

EXCLUSIVE-Panasonic aims to boost energy density in Tesla batteries by 20% -executive

* To boost energy density in “2170” battery cells in 5 years * Has cut cobalt content to less than 5% in Tesla batteries * Plans to commercialize batteries with no cobalt in 2-3 years * To produce high energy density “2170” cells in Nevada By Makiko Yamazaki TOKYO, July 30 (Reuters) – Panasonic Corp… Continue reading EXCLUSIVE-Panasonic aims to boost energy density in Tesla batteries by 20% -executive

Hero Electric partners Autovert Technologies to introduce subscription-based financing plans

Hero Electric, a leading two- and three-wheeler electric vehicle maker has partnered Bangalore-based fintech start-up Autovert Technologies for seamless alternative ownership models for Hero Electric’s new customers. Under this partnership, Autovert will allow Hero Electric customers to avail for subscription-based plans for an all-inclusive price at the time of a new purchase. The all-inclusive subscription… Continue reading Hero Electric partners Autovert Technologies to introduce subscription-based financing plans

GMC teases its 1,000HP electric Hummer truck and SUV

Just as LeBron James is getting ready to take the court again for NBA games in Orlando, GMC has released a new advertisement featuring the basketball star teasing its upcoming EV. The video reveals both truck and SUV versions of the Hummer, which has previously promised a “quiet revolution” with 1,000 HP, 11,500lb/ft of torque… Continue reading GMC teases its 1,000HP electric Hummer truck and SUV