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Page 7 of 51
RJ Scaringe, chief executive officer and founder of Rivian Automotive Inc., during an unveiling event in Laguna Beach, California, US, on Thursday, March 7, 2024.
Tech
Rivian founder tells investors why incoming shareholder Volkswagen needs his help to take on Tesla just as much as he needs the cash injection
By Christiaan HetznerJune 26, 2024
Rivian car surrounded by people
Finance
Volkswagen throws struggling Rivian a lifeline with $5 billion investment
By Keith Naughton, Kara Carlson and BloombergJune 25, 2024
05 July 2021, Lower Saxony, Hanover: Olaf Scholz, SPD candidate for Chancellor and Federal Finance Minister, stands at a bar table during a visit to the Volkswagen Commercial Vehicles plant. Photo: Julian Stratenschulte/dpa (Photo by Julian Stratenschulte/picture alliance via Getty Images)
Tech
Volkswagen to develop affordable EVs priced at $21,696—a ‘very good’ move says Germany’s Scholz
By Petra Sorge and BloombergJune 3, 2024
Luca de Meo, chief executive officer of Renault SA, speaks during a panel session on the opening day of the annual meetings of the International Monetary Fund (IMF) and World Bank in Marrakesh, Morocco, on Monday, Oct. 9, 2023. The IMF and World Bank's first annual meetings in Africa since 1973 were expected to give a spending boost to Morocco's fourth-largest city and one of its top tourist destinations.
Tech
A week after blasting Volkswagen for not working ‘as a team’ against cheap imports, Renault links up with Chinese partner to build $22,000 EV
By Ryan HoggMay 31, 2024
CEO of Stellantis Carlos Tavares poses following the presentation of the Jeep Avenger 4Xe Concept, on the first day of the 2022 Paris auto show.
Tech
Stellantis CEO suggests China EV battle is coming for Europe’s 13.8 million autoworkers: ‘The EV race has become a cost-cutting race’
By Ryan HoggMay 30, 2024
Luca de Meo, chief executive officer of Renault SA, during a news conference on the Flexis electric vans joint venture in Boulogne Billancourt, France
Tech
Renault boss laments Volkswagen’s inability to ‘work as a team’ against BYD after joint affordable EV project collapses
By Ryan HoggMay 23, 2024
Oliver Blume, Chief Executive Officer, Volkswagen and Porsche.
Tech
Electric mobility has ‘won the race’ but Volkswagen hits brakes on EV strategy
By Stefan Nicola and BloombergMay 18, 2024
Michael Shu, managing director of BYD Europe, during the media day for the Munich Motor Show (IAA) in Munich, Germany.
Tech
BYD and Tesla race to carve up European EV market with Chinese carmaker planning to leapfrog Elon Musk by 2030
By Ryan HoggMay 10, 2024
Vincent Bollore, billionaire and chairman of the Bollore Group
Tech
To compete with Asia’s rising dominance, French billionaire Bollore wants to build an EV battery plant in eastern France which will cost $2.1 billion
By Tara Patel and BloombergMay 2, 2024
Martin Daum, Chairman of the Board of Management of commercial vehicle manufacturer Daimler Truck
Tech
‘Time is running out’ to build more electric truck chargers in Europe, says Daimler Truck CEO
By Stefan Nicola, Christoph Rauwald and BloombergMay 2, 2024
Oliver Blume, chief executive officer of Volkswagen AG, beside an ID.CODE concept car, right, at the Volkswagen AG media event in Beijing, China, on Wednesday, April 24, 2024. Volkswagen will start sales of a new electric-vehicle brand in China kitted out with gadgets like an in-car avatar to help win back young buyers it has lost to the likes of BYD Co.
Tech
Volkswagen, Mercedes, and Stellantis shed $13 billion in value as Tesla’s China breakthrough leaves Europe’s carmakers in the cold
By Ryan HoggApril 30, 2024
Oliver Blume, CEO of German carmaker Volkswagen
Tech
After being overtaken by BYD, Volkswagen meets with doubtful investors to persuade them of turnaround plan
By Sonja Wind, Isolde MacDonogh and BloombergApril 22, 2024
union members holds sign
Companies
VW workers in Tennessee overwhelmingly vote to join union, as UAW renews push to organize nonunion auto plants
By Kristin M. Hall, Tom Krisher and The Associated PressApril 20, 2024
Shawn Fain with raised fist
Politics
Governors of 6 southern states threaten auto workers’ jobs on the eve of a major union vote
By The Associated Press and Irina IvanovaApril 16, 2024
A Porsche 718 Cayman car is on display during the 19th Guangzhou International Automobile Exhibition (Auto Guangzhou 2021) at China Import and Export Fair Complex
Tech
Volkswagen and Porsche are killing old models described as ‘spying machines on four wheels’ ahead of new EU cybersecurity rules—offering another opportunity for Chinese rival BYD
By Ryan HoggApril 16, 2024
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