German Handelsblatt: VW: Volkswagen expects strong growth in China – but the lack of chips is slowing down 001131

Volkswagen in China The Volkswagen Group also wants to benefit from the strong growth in electromobility in China. (Photo: dpa) Beijing With the recovery of the Chinese economy, the Volkswagen Group expects “considerable growth” in its most important market this year. China boss Stephan Wöllenstein also expects the market share to increase. “There are good… Continue reading German Handelsblatt: VW: Volkswagen expects strong growth in China – but the lack of chips is slowing down 001131

Dr Andy Palmer: “Build batteries or lose UK car industry.”

Dr Palmer: “Without electric vehicles’ batteries made in the UK, the country’s auto industry risks becoming an antiquated relic and overtaken by China, Japan, America and Europe.” An urgent plan to build four battery ‘gigafactories’ in the UK within the next five years is vital to avoid losing the entire UK automotive industry, according to… Continue reading Dr Andy Palmer: “Build batteries or lose UK car industry.”

Stellantis targets annual synergies of 5 billion euros, announces management structure

Stellantis, the car-making giant formed by the merger of the PSA Group and Fiat Chrysler Automobiles (FCA), will embrace the diversity of its staff and brands as a strength rather than a weakness, according to boss Carlos Tavares. The new company is the world’s fourth-largest car firm, with 14 brands (including Abarth, Alfa Romeo, Citroën, DS, Fiat, Jeep, Peugeot and Opel/Vauxhal), more than 400,000 staff, industrial operations… Continue reading Stellantis targets annual synergies of 5 billion euros, announces management structure

Stellantis CEO says merger of Fiat Chrysler, Peugeot prevents job cuts

Don’t expect to see a Peugeot dealership popping up down the block anytime soon. That doesn’t mean the head of Stellantis, the new company formed from the merger this weekend of Fiat Chrysler Automobiles and PSA Group, won’t consider the possibility down the road.  But for right now, the closest most Americans might get to seeing… Continue reading Stellantis CEO says merger of Fiat Chrysler, Peugeot prevents job cuts

An electric-car battery that can be charged as fast as filling up your gas tank was just shown off by a startup

An electric-car battery that can be charged in five minutes was announced on Monday. Standard electric-vehicle batteries take about 8 hours to fully charge. The faster-charging capability would make EVs more accessible to the general public. Visit Business Insider’s homepage for more stories. An electric-car battery that can be charged in 5 minutes, the amount… Continue reading An electric-car battery that can be charged as fast as filling up your gas tank was just shown off by a startup

@GM: Cruise and GM Team Up with Microsoft to Commercialize Self-Driving Vehicles January 19, 2021

SAN FRANCISCO and DETROIT and REDMOND, Wash., Jan. 19, 2021 /PRNewswire/ — Cruise and General Motors on Tuesday announced they have entered a long-term strategic relationship with Microsoft to accelerate the commercialization of self-driving vehicles. The companies will bring together their software and hardware engineering excellence, cloud computing capabilities, manufacturing know-how and partner ecosystem to… Continue reading @GM: Cruise and GM Team Up with Microsoft to Commercialize Self-Driving Vehicles January 19, 2021

Faraday Future’s best shot at redemption may be a SPAC

Despite a whirlwind of electric vehicle SPAC mergers in the last few months, there’s still one startup flying solo that’s arguably the best-positioned. Yes, Faraday Future is still on the market — though maybe not for long. Sure, Faraday Future is distressed and its electric SUV is outrageous, but it developed valid technology over the… Continue reading Faraday Future’s best shot at redemption may be a SPAC

Tesla sues media over article that claimed quality issues and poor working conditions in China

Tesla is suing a Chinese media group over an article that described Tesla having serious quality issues and poor working conditions at Gigafactory Shanghai. The article Pingwest, a Chinese publication that describes itself as “the story of China’s tech evolution, beyond the headlines,” published a damning article on Tesla last month titled “Giga-Sweatshop Meets Corporate… Continue reading Tesla sues media over article that claimed quality issues and poor working conditions in China

@VW Group: Volkswagen Group strengthens quality assurance – Frank Welsch to lead the new unit

The Volkswagen Group has strengthened and simultaneously reorganized its quality assurance. To this end, Frank Welsch will become the new Head of Group Quality Management and Strategy as of February 1. In this function, he will report directly to the Chief Executive Officer of the Volkswagen Group, Herbert Diess. Thomas Ulbrich will succeed Welsch as… Continue reading @VW Group: Volkswagen Group strengthens quality assurance – Frank Welsch to lead the new unit

@VW Group: New dual leadership at Audi Sport GmbH

An important new addition at Audi Sport GmbH: Dr. Sebastian Grams will complete the management team at the Audi high-performance operation starting March 1. He is assuming the helm of the subsidiary together with Managing Director Julius Seebach. Grams succeeds Oliver Hoffmann, who has headed Technical Development at Audi as Chief Operating Officer since July… Continue reading @VW Group: New dual leadership at Audi Sport GmbH