Battery and Components
Northvolt CEO quits on tumble into administration
Troubled battery maker files for Chapter 11 protection in the US
Corporate Strategy
Faraday Future to restate financials
The US EV pure play has appointed a new CFO and will revise numbers
2 min read
California EV start-up Faraday Future (FF) is keen to attract strategic investors and hopeful that the appointment of a new CFO will boost those ambitions. But the new man’s in-tray will likely be initially dominated by a restatement of the firm’s last three quarterly results.
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Corporate Strategy
Mercedes ignores e-fuels in CO2-neutral goal
The legacy OEM is all-in on electrification
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
Corporate Strategy
Toyota looks for Indian BEV leg-up
Japanese all-electric laggards may hope to leverage South Asian cost advantage, but show worrying signs of a lack of being all-in