Volkswagen CEO Herbert Diess has announced a €10 billion investment to manufacture electric vehicles and batteries in Spain. By : Reuters | Updated: 05 May 2022, 06:25 PM File photo used for representational purposes. (Bloomberg) German automaker Volkswagen AG will invest 10 billion euros ($10.6 billion) to manufacture electric vehiclesRead More →
By Emma Pinedo SAGUNTO, Spain (Reuters) – German carmaker Volkswagen AG and its partners will invest 10 billion euros ($10.6 billion) to manufacture electric vehicles and batteries in Spain, its chief executive said on Thursday. 3 billion euros more than he had previously committed. The company also announced a partnershipRead More →
Dated: December 17, 2021 | Author: Sean Keywood A survey of drivers found that 63% believe carmakers should invest as much time and money in bringing hydrogen cars to UK roads as in battery electric vehicles. Research from Venson Automotive Solutions, following a recent announcement by the UK government ofRead More →
FRANKFURT (Reuters) – German auto giant Volkswagen said on Thursday it would increase its investments in electric vehicles and digitization to 89 billion euros ($ 101 billion) over the next five years. The group of 12 brands will devote 56% of its 159 billion euros of investment to the developmentRead More →
FRANKFURT (Reuters) – German auto giant Volkswagen said on Thursday it would increase its investments in electric vehicles and digitization to 89 billion euros ($ 101 billion) over the next five years. The group of 12 brands will devote 56% of its 159 billion euros of investment to the developmentRead More →
In 2020, Volkswagen announced 73 billion euros of investments in vehicles of tomorrow until 2024. German auto giant Volkswagen said on Thursday it would increase its investments in electric vehicles and digitization to 89 billion euros ($ 101 billion) over the next five years. The group of 12 brands willRead More →
German auto giant Volkswagen said on Thursday it would increase its investments in electric vehicles and digitization to 89 billion euros ($ 101 billion) over the next five years. The group of 12 brands will devote 56% of its 159 billion euros of investment to the development of cars ofRead More →
Passenger cars contribute 10 percent of Australia’s emissions, and emissions are increasing thanks to our continued love affair with utes and SUVs, and our growing population. To reverse the trend, current prices for electric vehicles [EV] adoption must increase exponentially. We believe that half of new car sales should beRead More →
The connected car encompasses a wide range of technological fields such as home integration, vehicle management, entertainment, well-being, safety and autonomous driving. A connected car can share data with other devices because it has its own Internet access. For example, it could mean that a car could share data onRead More →
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This Spyker C8 is one of the vehicles available to invest with TheCarCrowd The Car Crowd Many of us have dreamed of owning a classic car, and while we tell ourselves that the fun is in driving, an explosion in value in recent years has made vehicles sought after bothRead More →
General Motors again increased its investments in electric and autonomous vehicles, announcing on Wednesday that it would increase planned spending by 30% to $ 35 billion (40.6 billion euros) through 2025 as it unveils new models and strengthens its capabilities. The major US automaker cited strong consumer reception of itsRead More →
David Beckham had bought a 10% stake in the company. Michael Reaves / Getty Images via AFP Lunaz Group converts Rolls-Royces and Bentleys into electric vehicles. The famous footballer bought a 10% stake in the company. Lunaz produced its first converted car, a Jaguar XK120, in 2019. David Beckham wasRead More →
Buying a car is big business, whether it’s new or a few years old. This is the second biggest purchase of your life after buying a home, so it’s only natural that you want to protect that investment as best you can. It might just be a machine, but aRead More →
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The logo of Stellantis, the world’s fourth-largest automaker to begin trading in Milan and Paris after Fiat Chrysler and manufacturer Peugeot PSA complete their merger, can be seen on a flag at the main entrance to the FCA Mirafiori plant in Turin, Italy, January 18, 2021. REUTERS / Massimo PincaRead More →
FILE PHOTO: New Vauxhall cars are seen outside the company’s factory in Ellesmere Port, northern England, in this file photo from October 27, 2008. REUTERS / Phil Noble LONDON (Reuters) – Britain’s largest union Unite on Tuesday called on French carmaker PSA to build electrified vehicles at its Vauxhall /Read More →
Railway news Federal legislation and regulations 08/25/2020 Railway News: Federal Laws and Regulations the Railway Supply Institute (RSI) approved the Freight RAILCAR Act, a bill introduced in Congress last week that would help generate private investment in the manufacture of freight cars. The “Freight Rail Assistance and Investment to LaunchRead More →
General Motors to increase spending on electric and autonomous vehicles to $ 20 billion by 2025 after claiming a battery breakthrough that it says will give its cars longer range and faster charging, while also making money for it. its new wave of vehicles. The company, whose brands range fromRead More →
Audi must cut up to 9,500 jobs at its German factories by 2025 in order to save € 6 billion (£ 5.1 billion) from investing in electric cars and digital technology. The luxury automaker, which is part of Volkswagen, said the job cuts were part of its mission to “getRead More →
Volkswagen is betting on electric cars? The company says it has been for almost 2 years now as it tries to get out of the hole it dug with its diesel cheat scheme. The secret to mass-producing automobiles and doing so cost-effectively is to use a common platform or chassisRead More →
Are you interested in investing, but find tracking your 401k as emotional as enjoying a glass of hot milk while compiling the ultimate Kenny G playlist? Planning to read the fine print on a one-way certificate of deposit flyer to Yawnsville? Next, we suggest you check out Rally Rd., AnRead More →