Search Results Found For: "porsche"

Will Herbert Diess’s departure damage Volkswagen’s EV strategy?

Volkswagen Group Chief Executive Herbert Diess will leave the company, to be replaced by Porsche Chief Executive and former VW head Oliver Blume, at the start of September. Diess’s departure follows a vote by VW’s supervisory board, which includes representatives of employee organizations and the state of Lower Saxony, the company’s second-largest shareholder. The 20-seat… Read more »

VW to replace MEB and PPE electric platforms with new Scalable Systems Platform

Volkswagen plans to introduce a new EV, the ID.4 sedan, which is expected to go into production in 2026, and will be built on a new platform. VW’s new Scalable Systems Platform (SSP) is a skateboard-style architecture that Volkswagen Group Chairman Herbert Diess says will replace the existing Modularen Elektrik Baukasten (MEB) structure as well… Read more »

Group14 raises $400 million for silicon-carbon battery materials factory in US

Silicon-carbon battery tech supplier Group14 Technologies has raised $400 million in Series C funding, which it plans to use to open its second battery active materials factory in the US. The plant will produce the company’s proprietary SCC55 lithium-silicon battery material for Porsche subsidiary Cellforce Group, which will use it to begin producing battery cells… Read more »

Formula E reveals third-generation electric race car at Monaco E-Prix

Formula E officially unveiled its third-generation Formula E race car at the recent Monaco E-Prix (where Stoffel Vandoorne, driving for Mercedes-EQ, saw the checkered flag). The new Gen3 will make its racing debut in Season 9 of the ABB FIA Formula E World Championship. Pre-season testing will take place this winter, and seven of the… Read more »

A look inside LG Energy Solution’s massive Polish battery plant

As demand for EVs soars, US and European automakers are racing to establish localized battery production, and break the long-standing reliance on supply chains originating in Asia. There are currently at least a dozen battery “gigafactories” under construction or planned in Europe. LG Energy Solution claims that its battery cell factory in Wrocław, Poland, is… Read more »

New report from Motor Intelligence details monthly US EV sales

Back in the early days of the rEVolution, we used to get a detailed monthly report on EV sales, courtesy of InsideEVs, which painstakingly combed through sales figures provided by automakers, and used some educated guessing to make estimates for brands that refused to provide any data (ahem…Tesla). However, for whatever reason, many automakers stopped… Read more »

2022 Lucid Air: The makers of the first 500-mile EV should be taken seriously

Created by engineers with years of EV experience, the 2022 Lucid Air is a stunning debut that confronts Tesla—and Mercedes-Benz—with a new competitor. It’s been a long time coming, but the 2022 Lucid Air has been worth the wait. The new carmaker’s all-electric luxury sedan not only competes directly with the aging Tesla Model S,… Read more »

Rimac Group spins off Rimac Technology as standalone business

The Rimac Group has spun off Rimac Technology as a wholly-owned independent company. Sister company Bugatti Rimac (previously Rimac Automobili) is jointly owned by the Rimac Group, which has a 55% stake, and Porsche, which owns the remaining 45%. Bugatti Rimac will continue to focus on building “hypercars,” while Rimac Technology will provide components to… Read more »

Q&A with CharIN North America President: It’s all about interoperability

Interoperability—the ability of products from different manufacturers to work together—is one of the most fundamental enablers of our technological society. From low-tech tools such as screwdrivers and wrenches to digital constructs like computer operating systems, interoperability is critical, and the lack of it is often a roadblock to the adoption of new technologies. As EVs… Read more »