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Tag: Volkswagen AG Non-Vtg Pfd.

Volkswagen’s Elusive Quest to Make an EV for the Masses
31Dec By adminNo Comments
World

Volkswagen’s Elusive Quest to Make an EV for the Masses

Updated Dec. 31, 2023 12:19 am ETBERLIN—Almost a decade ago, Volkswagen set out on an expensive quest to dominate the new world of software-defined cars and build the electric “people’s car.” It is still trying. The German automaker has invested billions of euros, retooled entire plants and created new software and battery companies to assist in making the transition. However, VW has yet to produce an EV that has matched the success of its historic gas-powered models such as the Beetle and the Golf in its core markets. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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China’s Latest EV Stocks Face Uncertain Reception in New York
29Nov By adminNo Comments
Money

China’s Latest EV Stocks Face Uncertain Reception in New York

Electric vehicles have really taken off in China, but so has competition. That is the conundrum investors face as they size up the latest EV brands pitching their growth prospects in New York.Lotus Technology is in the final stages of a merger with a Nasdaq-listed special-purpose acquisition company that values it at $5.5 billion. This week it said investors had committed $870 million to the deal, a step toward closure. Zeekr Intelligent Technology Holding, which raised money in February at a $13 billion valuation, filed its registration statement earlier this month for a U.S. initial public offering.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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China’s Latest EV Stocks Face Uncertain Reception in New York
29Nov By adminNo Comments
World

China’s Latest EV Stocks Face Uncertain Reception in New York

Electric vehicles have really taken off in China, but so has competition. That is the conundrum investors face as they size up the latest EV brands pitching their growth prospects in New York.Lotus Technology is in the final stages of a merger with a Nasdaq-listed special-purpose acquisition company that values it at $5.5 billion. This week it said investors had committed $870 million to the deal, a step toward closure. Zeekr Intelligent Technology Holding, which raised money in February at a $13 billion valuation, filed its registration statement earlier this month for a U.S. initial public offering.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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U.S. Subsidies Fuel Boom in Global Auto Trade
19Nov By adminNo Comments
World

U.S. Subsidies Fuel Boom in Global Auto Trade

SINGAPORE—Auto exports from Europe and Asia are surging as the U.S. and other countries lavish subsidies on electric vehicles and dealers replenish inventories that even now aren’t back to prepandemic levels. The boom in autos contrasts with broader weakness in exports as the global economy slows. The trend offers a glimpse of how the West’s embrace of industrial policies aimed at stimulating domestic manufacturing and reducing the use of fossil fuels is causing wrinkles in patterns of world trade. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Five Things to Know Before Driving an EV
31Aug By adminNo Comments
Technology

Five Things to Know Before Driving an EV

Listen to article(2 minutes)Look, when you drive an electric car, you have to toss out what you know about gas guzzlers. Beyond the bonkers acceleration and quiet-as-a-librarian ride, you have to tackle new complexities like how to tell if the car is…on. Get good and you might even master the art of driving one-pedal without puking.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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