Some call lithium “white gold,” but in fact, lately the light metal has been beating gold in appreciation, becoming the hottest metal of 2016 for commodities traders. Although lithium’s price rise has slowed in recent months, the fundamentals suggest strong potential for long-term growth, according to James Stafford of Oilprice.com. “There is no doubt as… Read more »
Search Results Found For: "Volkswagen "
VW to pay $15 billion for “most flagrant violations of environmental laws in history”
Volkswagen has agreed to pay up to $14.7 billion to settle claims resulting from its emissions rigging fraud, the US Department of Justice announced. Volkswagen’s deeds were “the most flagrant violations of our consumer and environmental laws in our country’s history,” said US Deputy Attorney General Sally Q. Yates. “We cannot undo the damage that’s… Read more »
VW Group to launch 30 new BEVs by 2025
The Volkswagen Group has presented a new strategic plan that places a special emphasis on e-mobility. VW and its sister brands intend to launch more than 30 battery-electric vehicles (BEVs) over the next ten years. The group estimates that by 2025, EVs could account for as much as a quarter of the global passenger car… Read more »
Cyber-security or cyber-resilience?
By Sam Abuelsamid, Senior Research Analyst – Navigant Research If you move, you will die. If you don’t move, you are already dead. There are countless variations on that theme but the gist is that life is full of risk and, sooner or later, it will get you. However, if you plan ahead and prepare,… Read more »
Is VW planning a German Gigafactory?
Volkswagen is considering construction of a multi-billion-euro battery factory, the German business newspaper Handelsblatt reported, citing unnamed company sources. If VW follows through, it could reduce its dependence on the Japanese and Korean firms that dominate the battery market – and also send a strong signal that it’s serious about its much-hyped electrification plans. According… Read more »
New report from JATO details German EV market
Germany is Europe’s third-largest market for plug-in vehicles, and sales are growing quickly. However, electrified vehicles still represent a minute fraction of the overall automotive market, and better information for consumers will be necessary to get the country to start plugging in. These are among the conclusions of a new report from London-based automotive business… Read more »
March plug-in sales take off as Tesla factory cranks into high gear
US plug-in sales have resumed their steep upward climb. March sales shattered last year’s figure, setting a new all-time record. Around 13,725 plug-ins were sold in March, a 33% increase over March 2015 and a few units more than the previous monthly record set in December. American car buyers now have around two dozen EV and… Read more »
Porsche considers Bosch, Panasonic to supply EV batteries
An electric Porsche based on the Mission E concept shown at the Frankfurt auto show is in the production pipeline, and the company is considering bids from Panasonic and Robert Bosch to supply the battery, Bloomberg reports. According to anonymous sources, Panasonic’s package would be cheaper, but Porsche’s neighbor Bosch would offer simpler logistics. “We’re… Read more »
Electrified supercars in Geneva
At the recent Geneva Auto Salon, a number of smaller automakers had electrified supercars on display. Few of these are likely to be seen on the world’s roads any time soon, but it’s interesting to see how designers are combining electric and legacy drives for maximum performance. The British firm Arash (via Green Car Reports) unveiled a… Read more »
US EPA asks VW to atone for its misdeeds by producing EVs in Tennessee
Five months after Volkswagen’s emissions cheating scandal came to light, the German carmaker is still in talks with the EPA about finding a technical fix for almost 600,000 affected diesel cars that were sold in the US. The German newspaper Welt am Sonntag (via Reuters) reports that the EPA has asked Volkswagen to provide a… Read more »