Wednesday, 22 January 2025
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Ludwig Burger

FILE PHOTO: A view shows model Mission X of Porsche, a German automobile manufacturer, displayed during an event a day ahead of the official opening of the 2023 Munich Auto Show IAA Mobility, in Munich, Germany, September 4, 2023. REUTERS/Leonhard Simon/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

Varta’s Porsche-led rescue would leave investors empty-handed

Varta stock plunged as much as 80% on Monday after the German battery maker said restructuring options would leave shareholders with nothing

AutomotiveBusinessCritical MineralsElectric Vehicles (EVs)MineralsNewsPoliticsTradeTransport

Serbia eyes lithium deals with Mercedes, Stellantis, VW, president says

Serbia will give Mercedes-Benz, VW and Stellantis the opportunity to purchase lithium for car batteries as they prioritise EU carmakers

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