Battery and Components
Northvolt CEO quits on tumble into administration
Troubled battery maker files for Chapter 11 protection in the US
Corporate Strategy
GM sticks to EV margin guns
Detroit-based OEM banking on robust pricing and efficiency gains
4 min read
US automaker GM will not be rowing back from its goal to improve margins on its EV sales to low-to-mid single digits by 2025, even though it has been hit by a module assembly capacity issue that threatens to drag on until year-end. Cost savings and discipline on price are the levers with which it aims to improve EV profitability.
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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