BERLIN — Volkswagen’s chief executive, Herbert Diess, won fresh backing from the automaker’s supervisory board on Thursday, but his responsibilities will be pared as the company seeks to win back investor confidence lost in recent weeks during a dispute about his leadership style. As part of a compromise deal reached with Mr. Diess, 63, more… Continue reading Volkswagen’s Herbert Diess to Remain C.E.O., With Less Control
Tag: Electric vehicles
Solid Power ramps up solid-state battery race with public market debut
Solid Power, the solid-state battery developer backed by Ford and BMW, is hitting the public markets running with a spike in stock price shortly after trading opened Thursday. The company is one of a handful in the electric mobility space to have gone public via a merger with a blank-check firm. Solid Power announced the… Continue reading Solid Power ramps up solid-state battery race with public market debut
High tech Tesla Cybertruck camper is raising money at astronomical $400 million valuation
CyberLandr, a very ambitious high-tech camper designed for the Tesla Cybertruck, is raising money at an astronomical $400 million valuation. Earlier this year, we reported that people had already started selling third-party Tesla Cybertruck accessories even though the truck is not on the market yet. It started with this camper system for Cybertruck called Cyberlandr. We… Continue reading High tech Tesla Cybertruck camper is raising money at astronomical $400 million valuation
GM brings in partners to build up North American EV supply chain
To reach $90 billion in electric vehicle revenue by 2030, General Motors Co. is continuing to grow a North American-focused supply chain for its coming EVs and on Thursday revealed two new partners in that mission. First, GM has formed a supply partnership for rare earth materials, alloy and finished magnets for electric motors from… Continue reading GM brings in partners to build up North American EV supply chain
@VW Group: Planning Round 70: Volkswagen drives forward electrification of its European plants and presents its plan for transforming the Wolfsburg site004332
Within the framework of Planning Round 70, the Volkswagen Group today resolved to further electrify its European plants in pursuit of its goal of becoming global market leader in electric mobility by 2025. Thus, the Group vigorously drives forward the implementation of its NEW AUTO strategy. The Group headquarters and manufacturing site in Wolfsburg will… Continue reading @VW Group: Planning Round 70: Volkswagen drives forward electrification of its European plants and presents its plan for transforming the Wolfsburg site004332
Ford stops taking reservations for the F-150 Lightning
Ford has stopped taking reservations for the all-electric F-150 Lightning as it prepares to start making and shipping the new pickup truck in the first half of 2022. The company says it has collected 200,000 refundable $100 deposits for the Lightning since it debuted in May. That means that anyone not already in line may… Continue reading Ford stops taking reservations for the F-150 Lightning
@Toyota: Leading the Charge Toward an Electrified Future
Toyota has been a leader of electrified vehicle technology for more than 20 years. As the industry looks towards an electrified future, Toyota introduces plans for a new BEV brand. It’s a simple question: When will electric vehicles be mainstream for American buyers? Ask Ash Corson, Toyota’s alternative powertrain vehicle manager in Toyota’s Technical Facility… Continue reading @Toyota: Leading the Charge Toward an Electrified Future
The Chevy Silverado EV pickup truck will go into production early 2023
The Chevy Silverado EV will go into production in early 2023, according to Automotive News. The electric truck, which will make its public debut in a few weeks at the 2022 Consumer Electronics Show (CES) in January in Las Vegas, will go on sale in late 2023. The Silverado EV will be the second electric… Continue reading The Chevy Silverado EV pickup truck will go into production early 2023
German Handelsblatt: Management board restructuring: Herbert Diess remains VW boss – but largely withdraws from operational business003454
Herbert Diess The Volkswagen boss remains in office and is given new tasks. (Photo: alto.press / Alto Press) Düsseldorf At Volkswagen, the dispute over CEO Herbert Diess has been settled, the 63-year-old car manager remains at the head of the Wolfsburg-based group. That is the result of the supervisory board meeting on Thursday. At the… Continue reading German Handelsblatt: Management board restructuring: Herbert Diess remains VW boss – but largely withdraws from operational business003454
@Ford: Ford Chief Government Relations Officer Mitch Bainwol Announces Retirement From Company at End of Year
DEARBORN, Mich., Dec. 9, 2021 – Mitch Bainwol, Ford’s chief government relations officer for nearly three years, is retiring from the company effective Dec. 31. Bainwol, a corporate officer, joined Ford in the role in March 2019 after having served as president and chief executive officer for the Alliance of Automobile Manufacturers for eight years.… Continue reading @Ford: Ford Chief Government Relations Officer Mitch Bainwol Announces Retirement From Company at End of Year