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 rental car heavyweight is betting big on the e-mobility revolution
US car rental firm Hertz is reaping initial benefits from its strategy aimed at “creating long-term value through our first mover advantage in electrification”, according to its CEO Stephen Scheer. These include less maintenance, longer keep times on its EVs and lower purchase prices than it had been anticipating.
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 legacy OEM is all-in on electrification
Equity commitments within software JV could add up to a substantial minority stake, while working relationships are only going to get closer
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