GM sells out of Michigan battery plant
The firm continues to look to diversify its approach
Volkswagen (VW) brings together a number of heritage auto brands including Audi, Bentley, Lamborghini, Seat, Skoda and Volkswagen. VW produces using multiple cross-brand platforms, creating scale benefits and efficiency. https://www.volkswagen-group.com/
The two firms are broadening focus away from just China. But achieving alignment in Sino-Western alliances may not be easy
Conditions are hard as adoption temporarily plateaus. But maybe not as hard as headline figure makes out
The Spanish marque's BEV offering has already beaten last year's volumes
Competition increasing as dominant player sells just half of all new BEVs
The German OEM shuffles its plans to include a high-volume urban model by mid-decade
The VW subsidiary says discussions are ongoing
VW-Xpeng targets the mass market; Audi-Saic goes after premium customers
But analysts are unconvinced about any wider M&A frenzy around cash-hungry US EV pure plays
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