Battery and Components
Northvolt CEO quits on tumble into administration
Troubled battery maker files for Chapter 11 protection in the US
Corporate Strategy
A tale of two Sino-German partnerships
VW-Xpeng targets the mass market; Audi-Saic goes after premium customers
5 min read
German OEM VW Group’s decision to enter into a partnership with China’s Xpeng for its VW brand and to extend co-operation between its Audi marque and its Chinese partner Saic has not proven universally popular. Analysts are particularly concerned that the former deal is an admission by VW that its own in-house EV developments are not fit for purpose.
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Corporate Strategy
Mercedes ignores e-fuels in CO2-neutral goal
The legacy OEM is all-in on electrification
Chinese OEMs
Xpeng closing in on halfway to global footprint target
The China challenger aims to be in 60 markets worldwide by the end of next year
Corporate Strategy
Volkswagen may end up owning more than 20pc of Rivian
Equity commitments within software JV could add up to a substantial minority stake, while working relationships are only going to get closer
Corporate Strategy
Ampere to make five non-Renault models
French OEM’s BEV arm to make more cars for performance marque and alliance partners