Sunday, 1 June 2025

Focus on Volkswagen Group

FILE PHOTO: A logo of XPeng is seen on the electric flying car XPeng Voyager X2 by XPeng AeroHT, before a demonstration flight in Beijing, China June 18, 2024. REUTERS/Tingshu Wang/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTradeTransport

XPeng projects lower-than-expected quarterly revenue

Tough competition in the EV market and increased EU tariffs on Chinese-made vehicles lead to lower XPeng revenue forecasts.

Vehicles that were completely burned down due to a Mercedes Benz electric car fire that broke out on August 1st, are lying in the underground parking lot of an apartment complex in Incheon, South Korea, August 2, 2024. Yonhap/via REUTERS
AutomotiveElectric Vehicles (EVs)NewsTransport

Explainer: South Korean alarm over EV fires puts spotlight on safety concerns

As South Korea calls on car manufacturers to disclose battery supplies, EV fire safety statistics suggest the problem is not rampant.

FILE PHOTO: A Volkswagen logo is seen at the New York International Auto Show Press Preview, in Manhattan, New York City, U.S., March 27, 2024. REUTERS/David Dee Delgado/File Photo
BusinessElectric Vehicles (EVs)ManufacturingNewsTransport

Volkswagen delays launch of Trinity EV further, source says

The German automaker had been due to release the new ID.4 under the Trinity project using its new SSP platform.

News Release

ZOOZ Power Appoints Erez Zimerman as New CEO

Tel Aviv, Aug. 12, 2024 (GLOBE NEWSWIRE) -- ZOOZ POWER Ltd. (NASDAQ and TASE: ZOOZ), the leading provider of Flywheel-based power boosting and...

FILE PHOTO: Vehicles that were completely burned down due to a Mercedes Benz electric car fire that broke out on August 1st, are lying in the underground parking lot of an apartment complex in Incheon, South Korea, August 2, 2024. Yonhap/via REUTERS/ File Photo
AutomotiveCritical MineralsElectric Vehicles (EVs)MineralsNewsTransport

South Korea holds emergency meeting as EV fires stir consumer fear

South Korean officials met Monday to discuss EV safety amid growing consumer concern after an EV fire in and underground garage

FILE PHOTO: A Rivian Automotive Inc facility is pictured in Costa Mesa, California, U.S.,November 1, 2023.     REUTERS/Mike Blake/File Photo
BusinessElectric Vehicles (EVs)FinanceIndustryManufacturingNews

Rivian sticks to production forecast, posts second-quarter margin below estimates

Rivian maintained its production forecast but reported greater-than-expected losses per vehicle, despite revenue gains.

An Audi Q6L e-tron electric vehicle (EV) is showcased at a Volkswagen media event in Beijing, China April 24, 2024. REUTERS/Josh Arslan
News

Audi’s new China EV series won’t have four-ring logo, sources say

Chinese Audi EV series developed with local suppliers and technologies unlikely to carry usual branding for the German marque.

FILE PHOTO: Mobileye logo is seen near computer motherboard in this illustration taken January 8, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
AutomotiveBusinessNewsTransport

Mobileye slashes annual forecasts on uncertain demand; shares fall

Israeli self-driving company Mobileye revenue reconsidered as carmakers around the world cut production and reduce demand for chips.

A MAN hydrogen combustion engine truck which is under development, is shown in this undated  handout photo obtained by Reuters on July 31, 2024. MAN Truck & Bus SE. /Handout via REUTERS
AutomotiveEmissionsHydrogenNewsTransport

Big truckmakers bet on hydrogen to extend combustion engine life

With electric batteries not up to the task of long-haul freight, hydrogen trucks offer a chance for low-emission deliveries.

FILE PHOTO: A VW badge is seen on a car at a dealership in Kaluga, Russia March 30, 2022. Picture taken March 30, 2022. REUTERS/Evgenia Novozhenina/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

German antitrust body gives green light to VW-Rivian joint venture

BERLIN (Reuters) – Germany’s Volkswagen and U.S electric car maker Rivian Automotive may form a joint venture, the German competition authority said on...