The firm is aiming to shift to underground production next month, and maintains everything is on schedule
VW has team in place to sell battery arm stake, but operating losses may limit interest
Upstream ventures that could help build new non-China lithium supply chains for EV batteries inch forward
The German OEM unwilling to go down the same route as peer VW
Volkswagen Group may have announced a new partnership in China and also the deepening of another, but competitor Mercedes-Benz is uninterested in committing any further to an ‘in China for China’ strategy. Instead, it believes that its Chinese customers will see value in a Mercedes built by Mercedes.
Electrification is the future. A lukewarm commitment to some EV chargers is not the long-term way for an energy firm to address it
What Tesla looks like by the end of the decade could be radically different
The Amsterdam-headquartered conglomerate joins Renault and Tesla in Teutonic turmoil
The legacy OEM is all-in on electrification
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