Category: Europe
Consensus-driven Blume will usher in new leadership era at Volkswagen
FRANKFURT — The appointment of Oliver Blume as the next boss of Volkswagen Group heralds…
VW Group’s new CEO rose from Audi trainee to Porsche chief
Volkswagen veteran Oliver Blume, who will succeed Herbert Diess as VW Group on Sept. 1,…
VW Group CEO Diess to leave company; Porsche’s Blume named successor
FRANKFURT — Volkswagen Group CEO Herbert Diess is stepping down and will be succeeded by…
Morocco aims to open EV battery gigafactory
MARRAKECH — Morocco is negotiating with electric-vehicle battery manufacturers to set up a plant in…
Ford to boost EV capacity, cut costs with new battery chemistry
Ford Motor plans to add a new battery cell chemistry to its electric vehicle portfolio…
Hyundai Q2 profit jumps 59% as chips crunch eases
SEOUL — Hyundai Motor posted a rise of 59 percent in second-quarter profit as a…
China’s Envision to build EV battery plant in Spain
MADRID — Spain has signed a partnership agreement with Chinese green energy company Envision Group…
Ford halts orders for Focus, Fiesta amid delivery backlogs
BERLIN — Ford is severely restricting the availability of its key Fiesta and Focus models…
VW names U.S. exec Keogh CEO of new Scout EV unit
Volkswagen Group of America CEO Scott Keogh will leave the brand and take over as…
Solid state EV batteries could cut carbon emissions by up to 39%, climate group says
LONDON — Solid state batteries could cut the carbon footprint of electric-vehicle batteries compared with…
Hyundai is developing an ‘affordable’ electric car for Europe
PRAGUE — Hyundai plans to launch a full-electric, entry-level car in Europe – just not…
Toyota Europe’s manufacturing chief sees disruption as the ‘new normal’ for automakers
PRAGUE — Automakers will need to adjust their manufacturing strategies to account for a constant…
Europe sales slump to worst June in decades on supply issues
European passenger car sales fell 17 percent in June to 1.07 million, the lowest monthly…
VW’s battery unit faces supply-chain hurdles on road to IPO
Volkswagen Group’s newly formed battery business is working to overcome supply-chain headwinds as it ramps…
Infrastructure is still a major challenge for fuel cell vehicles, experts say
PRAGUE — The use of hydrogen is a viable alternative to battery-powered vehicles in the…
VW expects to double EV sales in China despite COVID
SHANGHAI/BEIJING — Volkswagen will stick to its goal of doubling sales of its ID electric…
Daimler, Bosch-backed hydrogen project gets EU approval
BRUSSELS — The European Commission has approved a 5.4-billion-euro ($5.4 billion) hydrogen project jointly funded…
Aston Martin to raise $772M; Saudi Arabia to become major investor
Aston Martin said on Friday it was looking to raise 653 million pounds ($772 million)…
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