Bussiness

Volkswagen to invest in mines in bid to become global…

Posted by Admin March 17, 2023

BERLIN, March 17 (Reuters) - Volkswagen (VOWG_p.DE) plans to invest in mines to bring down the cost of battery cells, meet half of its own demand and sell to th

China battery giant CATL’s $5 bln Swiss listing delayed amid…

Posted by Admin March 14, 2023

HONG KONG, March 14 (Reuters) - Chinese battery giant CATL's plan to raise at least $5 billion in Swiss global depository receipts (GDR) has been delayed as Bei

Jaguar Land Rover opens three European self-driving tech hubs

Posted by Admin February 21, 2023

LONDON, Feb 21 (Reuters) - Luxury carmaker Jaguar Land Rover said on Tuesday it is opening three new engineering hubs in Europe to develop autonomous vehicle te

China’s CATL offers EV battery discounts in China -sources

Posted by Admin February 17, 2023

SHANGHAI, Feb 17 (Reuters) - China's CATL (300750.SZ), the world's largest battery maker, has offered discounts to some Chinese automakers it supplies, reflecti

Ford to cut one in nine jobs in Europe in…

Posted by Admin February 14, 2023

Ford to cut around 2,300 jobs in GermanyAround 1,300, or one in five, UK jobs to goElectric cars require less labour, Ford saysTech development concentrated in