Volkswagen has given Europe’s auto industry a stark reality check. Now a Bloomberg News analysis reveals a critical problem: overcapacity https://t.co/DYt95WUcGY
@BMW is giving its 110-year-old plant Mini Oxford brand a lifeline, spending £600m to make #ElectricVehicles. While positive, the UK car industry is hardly out of the woods in the EV transition @crtrud https://t.co/nyxux4PhSF via @business
@VW is a reflection of its home country: squeezed by rivals, under pressure to change course and lacking a clear plan, it risks heading down the road to nowhere @MonicaRaymunt@WillWilkesNews@nicola_news https://t.co/O2vPiEj3Mq via @business
A subsidy-fueled boom helped turn China into an electric-car giant. But these auto graveyards reveal the dark side of the EV shift.
Read The Big Take ⬇️ https://t.co/ATEyscxlpa
We're looking for a Breaking News Editor in Frankfurt - as a neutral observer I'd say this is a great opportunity to work in a top-notch newsroom full of ace people. Check it out: https://t.co/kdGUMVypkl
#SCOOP on @siemensenergy's troubles with its wind turbines. The company is delaying deliveries to contain the fallout from the flaws in its machines, sources say @eckldorna@MathisWilliam https://t.co/PaCtWigI0z via @climate
@DaimlerTruck is weighing to burn hydrogen for a new lease of life for its well-honed combustion engines, which are headed for the exit in the EV transition. Much will depend on whether politics will get behind this push, writes @nicola_news https://t.co/ZMJrN6igSR via @climate
#Lithium ion Battery Recycling: $24bn needed by 2030 for new plant capacity just to keep pace with expected #EV demand.
It is a nascent industry that has to grow up quicker than even battery cells and mining.
The investment needed will be much larger to get ahead for the 2030s.
Full @benchmarkmin story: https://t.co/JkY1esUia9
Today's @BW cover story is something I've worked on for the past six months. It's about how the US lost the battery race to China, told through the rise and fall of an American battery startup, A123 Systems.
https://t.co/tvyRpbVBoc
Also wenn sich nach diesem Video nicht irgendeine deutsche Staatsanwaltschaft aufrappelt und wenigstens Ermittlungen prüft, dann weiß ich auch nicht… #Rammstein#Rechtsstaat
🎧 On Bloomberg’s UK Politics Podcast today:
🚗 A deep dive into the post-Brexit car industry with @crtrud & @ElisBehrmann
🇲🇩@mariatad on Rishi Sunak meeting European leaders in Moldova
🏳️🌈 @stephencrrll on Pride in the City
Via @BloombergRadio:
https://t.co/mwHEWAAt1t
After guilt pangs about a recent trip to #Malta for the fun of it, loved reading this by @tpalazzo: The best climate-saving option is not to travel at all — but failing that, here's how to minimize your summer #holiday's carbon footprint https://t.co/1xdmCGdWdA via @luxury
@Stellantis is known for a laser focus on costs, but some measures appear to have gone too far with workers in Italy and France fed up with dirty toilets and insufficient heating. Protests at the Pomigliano site have slowed output, writes @atorsoli https://t.co/XqI3AdcnNn
@VWGroup is facing disruption and a cake attack on Wolfgang Porsche at 2023's AGM in Berlin. #climate protesters are joined by activists accusing VW of operating in areas in China where forced labor is rife. https://t.co/SbDF9Wd4tC via @business
Software struggles can hit anyone: @FiskerInc is facing delays on delivering its debut SUV to customers because of problems integrating with its software. @VW and, most famously, @Tesla have and had similar issues. @sokane1 https://t.co/l0Lyeeqbj6 via @business
Mercedes said its order backlog will support sales in the coming months in a subdued global economy where demand in Europe is falling behind strong US and Chinese markets @WillWilkesNews https://t.co/qwwJ4Rrn39 via @business