Volkswagen is struggling to keep up as buyers shift to EVs. CEO of VW brand cars, Thomas Shafer, warned, “We are no longer competitive,” after announcing additional job cuts Monday.
VW plans job cuts to keep pace with EV leaders
Europe’s largest automaker aims to cut costs and improve returns to keep pace with EV leaders like Tesla.
“With many of our pre-existing structures…
Great Wall Motor to expand to 8 additional countries in Europe and establish local R&D center
November 27, 2023
After beginning sales in Europe last year, Chinese EV automaker Great Wall Motor appears poised to expand its reach across the continent to at least eight additional countries. Furthermore, the automaker intends to establish a new European R&D center as it ponders…
QuietKat Lynx e-bike $800 off, Jackery power stations from $154, Gotrax e-scooters, more
November 27, 2023
Cyber Monday is wrapping up the holiday shopping season with a fresh batch of green deals that’ll also save you some green. Jackery’s latest sale is now live and taking up to 50% off an assortment of its popular portable power stations – like the Explorer 2000 PRO at…
A new trademark filing with the European Intellectual Property Office (EUIPO) reveals that a new Volkswagen EV is likely coming soon. The filing for a Volkswagen ID. Cross suggests it could be an electric crossover or SUV.
Volkswagen ID. Cross filing hints at new electric SUV
Volkswagen wants to become more competitive as electric vehicle sales continue climbing globally.
According to a…
Mercedes-Benz opens its first branded charging hub in Europe, but with slower rates than US
November 27, 2023
Less than two weeks after cutting the ribbon on its first charging hub in the US, Mercedes-Benz has begun operations at its first location in Europe. Can you guess where? Don’t think too hard…
This past January, Mercedes-Benz announced plans for a new global network of…
The CEO of Mazda, a company that makes one very mediocre electric car, is still trying to make electrification sound like some strange one-off consumer fad. In an interview with Fortune, Masahiro Moro basically says that if an EV isn’t a Tesla, it’s sitting unsold on a…
German electric vertical takeoff and landing (eVTOL) plane startup Lilium has obtained authorization from the European Union Aviation Safety Agency (EASA) that will allow it far greater flexibility and range in developing its future battery-powered air taxi toward certification.
Munich-based Lilium announced it had received the EASA’s Design Organization Approval for its continuing…
Hyundai to suspend operations at its main factory to bolster electric vehicle production
November 27, 2023
South Korea’s largest automaker, Hyundai Motor, is bolstering EV production despite rumors that the market is slowing. The automaker revealed plans to suspend operations at its main factory in South Korea as it shifts its focus toward EVs.
On Monday, Hyundai said it…
Report: Volkswagen's Scout brand taps Magna Steyr to develop its electric truck, SUV
November 27, 2023
A recent report out of Austria states that local contract manufacturer Magna Steyr has been chosen by Volkswagen’s new all-electric truck brand Scout, to develop the latter’s first wave of vehicles. The order is reportedly worth nearly $500 million – potentially Magna…
For years, the US electric motorcycle market was dominated by $20,000+ flagship models. While those bikes are still leading the pack, a new wave of lower-cost commuter electric motorcycles has expanded the market’s reach. The latest such bike, the Ryvid Anthem, has recently expanded its deliveries after production began earlier this year. And with a price tag under half of the major flagship…
